ACI FY 2020 Earnings Report — Albertsons Companies, Inc. Revenue & Financial Results | Market Cap Arena

Albertsons Companies, Inc.ACI

FY 2020 Earnings

Reported April 28, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$69.7B	—	$62.5B	—	11.6%
Op. Income	$1.6B	—	$1.4B	—	12.6%
Gross Margin	29.3%	—	28.2%	—	1.1pp
Net Margin	1.2%	—	0.7%	—	0.5pp
EPS (Diluted)	$1.47	—	$0.80	—	83.7%
Free Cash Flow	$2.3B	—	$429M	—	429.9%

Revenue Flow

Item	Amount
REVENUE	$69.7B
Cost of Revenue	$49.3B
GROSS PROFIT	$20.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$18.8B
Other Expenses	-$39M
Operating Expenses	$18.8B
Cost & Expenses	$68.1B
OPERATING INCOME	$1.6B
Interest Income	$17M
Interest Expense	$534M
Other Income/Expenses	-$489M
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$279M
Net Income from Continuing Ops	$850M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$850M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$850M
D&A	$2.1B
EBIT	$1.7B
EBITDA	$3.8B
EPS	$2
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$69.7B
Cost of Revenue	$49.3B
GROSS PROFIT	$20.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$18.8B
Other Expenses	-$39M
Operating Expenses	$18.8B
Cost & Expenses	$68.1B
OPERATING INCOME	$1.6B
Interest Income	$17M
Interest Expense	$534M
Other Income/Expenses	-$489M
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$279M
Net Income from Continuing Ops	$850M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$850M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$850M
D&A	$2.1B
EBIT	$1.7B
EBITDA	$3.8B
EPS	$2
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$850M
Depreciation & Amortization	$2.1B
Stock-Based Compensation	$59M
Deferred Income Tax	-$112M
Other Non-Cash Items	-$96M
Change in Working Capital	$1.1B
OPERATING CASH FLOW	$3.9B
Capital Expenditure	-$1.6B
Acquisitions (Net)	-$98M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$156M
NET CASH FROM INVESTING	-$1.6B
Net Debt Issuance	-$433M
Common Stock Repurchased	-$1.9B
Common Dividends Paid	-$94M
Other Financing Activities	-$167M
NET CASH FROM FINANCING	-$1.0B
FREE CASH FLOW	$2.3B
Net Change in Cash	$1.3B

Balance Sheet

Item	Amount
Cash & Equivalents	$1.8B
Short-Term Investments	$12M
Net Receivables	$551M
Inventory	$4.3B
Other Current Assets	$39M
TOTAL CURRENT ASSETS	$7.0B
PP&E (Net)	$15.4B
Goodwill	$1.2B
Intangible Assets	$2.1B
Long-Term Investments	$110M
Tax Assets	$2.8B
Other Non-Current Assets	$779M
TOTAL NON-CURRENT ASSETS	$22.4B
TOTAL ASSETS	$29.4B
Account Payables	$3.5B
Short-Term Debt	$818M
Deferred Revenue	$0
Other Current Liabilities	$1.0B
TOTAL CURRENT LIABILITIES	$6.8B
Long-Term Debt	$9.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$3.3B
Other Non-Current Liabilities	$2.7B
TOTAL NON-CURRENT LIABILITIES	$21.2B
TOTAL LIABILITIES	$28.1B
Common Stock	$6M
Additional Paid-In Capital	$1.9B
Retained Earnings	$1.3B
Treasury Stock	-$1.9B
Accum. Other Comp. Income	$64M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$0
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$29.4B
Total Debt	$16.1B
Net Debt	$14.3B