DKS FY 2020 Earnings Report — DICK'S Sporting Goods, Inc. Revenue & Financial Results | Market Cap Arena

DICK'S Sporting Goods, Inc.DKS

FY 2020 Earnings

Reported March 24, 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	$9.6B	—	$8.8B	—	9.5%
Op. Income	$741M	—	$376M	—	97.4%
Gross Margin	31.8%	—	29.2%	—	2.6pp
Net Margin	5.5%	—	3.4%	—	2.1pp
EPS (Diluted)	$5.72	—	$3.34	—	71.3%
Free Cash Flow	$1.3B	—	$187M	—	610.0%

Revenue Flow

Item	Amount
REVENUE	$9.6B
Cost of Revenue	$6.5B
GROSS PROFIT	$3.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$2.3B
Other Expenses	$11M
Operating Expenses	$2.3B
Cost & Expenses	$8.8B
OPERATING INCOME	$741M
Interest Income	$0
Interest Expense	$49M
Other Income/Expenses	-$30M
INCOME BEFORE TAX	$712M
Income Tax Expense	$181M
Net Income from Continuing Ops	$530M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$530M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$530M
D&A	$326M
EBIT	$761M
EBITDA	$1.1B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$9.6B
Cost of Revenue	$6.5B
GROSS PROFIT	$3.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$2.3B
Other Expenses	$11M
Operating Expenses	$2.3B
Cost & Expenses	$8.8B
OPERATING INCOME	$741M
Interest Income	$0
Interest Expense	$49M
Other Income/Expenses	-$30M
INCOME BEFORE TAX	$712M
Income Tax Expense	$181M
Net Income from Continuing Ops	$530M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$530M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$530M
D&A	$326M
EBIT	$761M
EBITDA	$1.1B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$530M
Depreciation & Amortization	$326M
Stock-Based Compensation	$50M
Deferred Income Tax	-$46M
Other Non-Cash Items	$22M
Change in Working Capital	$671M
OPERATING CASH FLOW	$1.6B
Capital Expenditure	-$224M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$137.0K
NET CASH FROM INVESTING	-$224M
Net Debt Issuance	$407M
Common Stock Repurchased	$0
Common Dividends Paid	-$107M
Other Financing Activities	-$183M
NET CASH FROM FINANCING	$260M
FREE CASH FLOW	$1.3B
Net Change in Cash	$1.6B

Balance Sheet

Item	Amount
Cash & Equivalents	$1.7B
Short-Term Investments	$0
Net Receivables	$60M
Inventory	$2.0B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$3.8B
PP&E (Net)	$3.5B
Goodwill	$246M
Intangible Assets	$90M
Long-Term Investments	$0
Tax Assets	$51M
Other Non-Current Assets	$156M
TOTAL NON-CURRENT ASSETS	$4.0B
TOTAL ASSETS	$7.8B
Account Payables	$1.3B
Short-Term Debt	$0
Deferred Revenue	$174M
Other Current Liabilities	$87M
TOTAL CURRENT LIABILITIES	$2.6B
Long-Term Debt	$418M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$185M
TOTAL NON-CURRENT LIABILITIES	$2.9B
TOTAL LIABILITIES	$5.4B
Common Stock	$849.0K
Additional Paid-In Capital	$1.4B
Retained Earnings	$3.1B
Treasury Stock	-$2.2B
Accum. Other Comp. Income	-$49.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$2.3B
Minority Interest	$0
TOTAL EQUITY	$2.3B
TOTAL LIABILITIES & EQUITY	$7.8B
Total Debt	$3.2B
Net Debt	$1.5B