ATR FY 2016 Earnings Report — AptarGroup, Inc. Revenue & Financial Results | Market Cap Arena

AptarGroup, Inc.ATR

FY 2016 Earnings

Reported February 27, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$2.3B	—	$2.3B	—	0.6%
Op. Income	$311M	—	$324M	—	-4.2%
Gross Margin	35.7%	—	35.2%	—	0.6pp
Net Margin	8.8%	—	8.6%	—	0.2pp
EPS (Diluted)	$3.17	—	$3.09	—	2.6%
Free Cash Flow	$194M	—	$174M	—	11.1%

Revenue Flow

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.5B
GROSS PROFIT	$833M
R&D Expenses	$66M
Selling & Marketing	$0
General & Administrative	$368M
SG&A Expenses	$368M
Other Expenses	$3M
Operating Expenses	$522M
Cost & Expenses	$2.0B
OPERATING INCOME	$311M
Interest Income	$3M
Interest Expense	$35M
Other Income/Expenses	-$36M
INCOME BEFORE TAX	$280M
Income Tax Expense	$75M
Net Income from Continuing Ops	$206M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$206M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$206M
D&A	$155M
EBIT	$316M
EBITDA	$470M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$2.3B
Cost of Revenue	$1.5B
GROSS PROFIT	$833M
R&D Expenses	$66M
Selling & Marketing	$0
General & Administrative	$368M
SG&A Expenses	$368M
Other Expenses	$3M
Operating Expenses	$522M
Cost & Expenses	$2.0B
OPERATING INCOME	$311M
Interest Income	$3M
Interest Expense	$35M
Other Income/Expenses	-$36M
INCOME BEFORE TAX	$280M
Income Tax Expense	$75M
Net Income from Continuing Ops	$206M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$206M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$206M
D&A	$155M
EBIT	$316M
EBITDA	$470M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$206M
Depreciation & Amortization	$155M
Stock-Based Compensation	$20M
Deferred Income Tax	-$11M
Other Non-Cash Items	$15M
Change in Working Capital	-$59M
OPERATING CASH FLOW	$325M
Capital Expenditure	-$131M
Acquisitions (Net)	-$202M
Purchases of Investments	$0
Sales/Maturities of Investments	$29M
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$301M
Net Debt Issuance	$114M
Common Stock Repurchased	-$131M
Common Dividends Paid	-$77M
Other Financing Activities	$65M
NET CASH FROM FINANCING	-$30M
FREE CASH FLOW	$194M
Net Change in Cash	-$24M

Balance Sheet

Item	Amount
Cash & Equivalents	$466M
Short-Term Investments	$0
Net Receivables	$433M
Inventory	$297M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.3B
PP&E (Net)	$784M
Goodwill	$408M
Intangible Assets	$94M
Long-Term Investments	$4M
Tax Assets	$0
Other Non-Current Assets	$46M
TOTAL NON-CURRENT ASSETS	$1.3B
TOTAL ASSETS	$2.6B
Account Payables	$116M
Short-Term Debt	$174M
Deferred Revenue	$44M
Other Current Liabilities	$119M
TOTAL CURRENT LIABILITIES	$543M
Long-Term Debt	$773M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$17M
Other Non-Current Liabilities	$99M
TOTAL NON-CURRENT LIABILITIES	$890M
TOTAL LIABILITIES	$1.4B
Common Stock	$660.0K
Additional Paid-In Capital	$547M
Retained Earnings	$1.2B
Treasury Stock	-$251M
Accum. Other Comp. Income	-$320M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$292.0K
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$2.6B
Total Debt	$948M
Net Debt	$482M