ATR FY 2017 Earnings Report — AptarGroup, Inc. Revenue & Financial Results | Market Cap Arena

AptarGroup, Inc.ATR

FY 2017 Earnings

Reported February 26, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$2.5B	—	$2.3B	—	5.9%
Op. Income	$322M	—	$311M	—	3.5%
Gross Margin	35.0%	—	35.7%	—	-0.7pp
Net Margin	8.9%	—	8.8%	—	0.1pp
EPS (Diluted)	$3.41	—	$3.17	—	7.6%
Free Cash Flow	$168M	—	$194M	—	-13.3%

Revenue Flow

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$1.6B
GROSS PROFIT	$865M
R&D Expenses	$68M
Selling & Marketing	$0
General & Administrative	$388M
SG&A Expenses	$388M
Other Expenses	$9M
Operating Expenses	$541M
Cost & Expenses	$2.1B
OPERATING INCOME	$322M
Interest Income	$5M
Interest Expense	$41M
Other Income/Expenses	-$29M
INCOME BEFORE TAX	$295M
Income Tax Expense	$75M
Net Income from Continuing Ops	$220M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$220M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$220M
D&A	$153M
EBIT	$335M
EBITDA	$490M
EPS	$4
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$1.6B
GROSS PROFIT	$865M
R&D Expenses	$68M
Selling & Marketing	$0
General & Administrative	$388M
SG&A Expenses	$388M
Other Expenses	$9M
Operating Expenses	$541M
Cost & Expenses	$2.1B
OPERATING INCOME	$322M
Interest Income	$5M
Interest Expense	$41M
Other Income/Expenses	-$29M
INCOME BEFORE TAX	$295M
Income Tax Expense	$75M
Net Income from Continuing Ops	$220M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$220M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$220M
D&A	$153M
EBIT	$335M
EBITDA	$490M
EPS	$4
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$220M
Depreciation & Amortization	$153M
Stock-Based Compensation	$19M
Deferred Income Tax	$2M
Other Non-Cash Items	$23M
Change in Working Capital	-$92M
OPERATING CASH FLOW	$325M
Capital Expenditure	-$157M
Acquisitions (Net)	$0
Purchases of Investments	-$71M
Sales/Maturities of Investments	$0
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$225M
Net Debt Issuance	$291M
Common Stock Repurchased	-$162M
Common Dividends Paid	-$80M
Other Financing Activities	$66M
NET CASH FROM FINANCING	$115M
FREE CASH FLOW	$168M
Net Change in Cash	$246M

Balance Sheet

Item	Amount
Cash & Equivalents	$713M
Short-Term Investments	$0
Net Receivables	$510M
Inventory	$337M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$1.7B
PP&E (Net)	$868M
Goodwill	$444M
Intangible Assets	$95M
Long-Term Investments	$9M
Tax Assets	$0
Other Non-Current Assets	$51M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$3.1B
Account Payables	$154M
Short-Term Debt	$66M
Deferred Revenue	$45M
Other Current Liabilities	$144M
TOTAL CURRENT LIABILITIES	$528M
Long-Term Debt	$1.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$21M
Other Non-Current Liabilities	$86M
TOTAL NON-CURRENT LIABILITIES	$1.3B
TOTAL LIABILITIES	$1.8B
Common Stock	$667.0K
Additional Paid-In Capital	$609M
Retained Earnings	$1.3B
Treasury Stock	-$346M
Accum. Other Comp. Income	-$253M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$310.0K
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$3.1B
Total Debt	$1.3B
Net Debt	$545M