CMP FY 2020 Earnings Report — Compass Minerals International, Inc. Revenue & Financial Results | Market Cap Arena

Compass Minerals International, Inc.CMP

FY 2020 Earnings

Reported February 26, 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	$1.0B	—	$1.1B	—	-7.4%
Op. Income	$103M	—	$120M	—	-13.9%
Gross Margin	21.9%	—	21.4%	—	0.4pp
Net Margin	6.3%	—	5.6%	—	0.7pp
EPS (Diluted)	$1.76	—	$1.77	—	-0.4%
Free Cash Flow	$90M	—	$62M	—	46.8%

Revenue Flow

Item	Amount
REVENUE	$1.0B
Cost of Revenue	$785M
GROSS PROFIT	$220M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$117M
Other Expenses	$0
Operating Expenses	$117M
Cost & Expenses	$902M
OPERATING INCOME	$103M
Interest Income	$0
Interest Expense	$63M
Other Income/Expenses	-$59M
INCOME BEFORE TAX	$45M
Income Tax Expense	$2M
Net Income from Continuing Ops	$43M
Net Income from Discontinued Ops	$21M
Other Adjustments	$0
NET INCOME	$63M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$62M
D&A	$138M
EBIT	$107M
EBITDA	$245M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.0B
Cost of Revenue	$785M
GROSS PROFIT	$220M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$117M
Other Expenses	$0
Operating Expenses	$117M
Cost & Expenses	$902M
OPERATING INCOME	$103M
Interest Income	$0
Interest Expense	$63M
Other Income/Expenses	-$59M
INCOME BEFORE TAX	$45M
Income Tax Expense	$2M
Net Income from Continuing Ops	$43M
Net Income from Discontinued Ops	$21M
Other Adjustments	$0
NET INCOME	$63M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$62M
D&A	$138M
EBIT	$107M
EBITDA	$245M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$63M
Depreciation & Amortization	$0
Stock-Based Compensation	$9M
Deferred Income Tax	$5M
Other Non-Cash Items	$144M
Change in Working Capital	-$46M
OPERATING CASH FLOW	$175M
Capital Expenditure	-$85M
Acquisitions (Net)	-$2M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$1M
NET CASH FROM INVESTING	-$88M
Net Debt Issuance	$7M
Common Stock Repurchased	-$1M
Common Dividends Paid	-$99M
Other Financing Activities	-$3M
NET CASH FROM FINANCING	-$96M
FREE CASH FLOW	$90M
Net Change in Cash	-$24M

Balance Sheet

Item	Amount
Cash & Equivalents	$11M
Short-Term Investments	$0
Net Receivables	$185M
Inventory	$299M
Other Current Assets	$262M
TOTAL CURRENT ASSETS	$756M
PP&E (Net)	$852M
Goodwill	$56M
Intangible Assets	$50M
Long-Term Investments	$20M
Tax Assets	$0
Other Non-Current Assets	$528M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$2.3B
Account Payables	$83M
Short-Term Debt	$10M
Deferred Revenue	$0
Other Current Liabilities	$111M
TOTAL CURRENT LIABILITIES	$297M
Long-Term Debt	$1.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$57M
Other Non-Current Liabilities	$230M
TOTAL NON-CURRENT LIABILITIES	$1.6B
TOTAL LIABILITIES	$1.9B
Common Stock	$400.0K
Additional Paid-In Capital	$127M
Retained Earnings	$559M
Treasury Stock	-$4M
Accum. Other Comp. Income	-$304M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$378M
Minority Interest	$0
TOTAL EQUITY	$378M
TOTAL LIABILITIES & EQUITY	$2.3B
Total Debt	$1.3B
Net Debt	$1.3B