EMBC FY 2020 Earnings Report — Embecta Corp. Revenue & Financial Results | Market Cap Arena

Embecta Corp.EMBC

FY 2020 Earnings

Reported September 30, 2020

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	$1.1B	—	$1.1B	—	-2.1%
Op. Income	$487M	—	$502M	—	-3.0%
Gross Margin	70.3%	—	70.9%	—	-0.6pp
Net Margin	39.4%	—	39.0%	—	0.4pp
EPS (Diluted)	$7.50	—	$7.58	—	-1.1%
Free Cash Flow	$457M	—	$436M	—	4.7%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$323M
GROSS PROFIT	$763M
R&D Expenses	$61M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$215M
Other Expenses	$0
Operating Expenses	$276M
Cost & Expenses	$599M
OPERATING INCOME	$487M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$486M
Income Tax Expense	$58M
Net Income from Continuing Ops	$428M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$428M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$428M
D&A	$38M
EBIT	$486M
EBITDA	$524M
EPS	$8
EPS Diluted	$8

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$323M
GROSS PROFIT	$763M
R&D Expenses	$61M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$215M
Other Expenses	$0
Operating Expenses	$276M
Cost & Expenses	$599M
OPERATING INCOME	$487M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$1M
INCOME BEFORE TAX	$486M
Income Tax Expense	$58M
Net Income from Continuing Ops	$428M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$428M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$428M
D&A	$38M
EBIT	$486M
EBITDA	$524M
EPS	$8
EPS Diluted	$8

Cash Flow Statement

Item	Amount
Net Income	$428M
Depreciation & Amortization	$38M
Stock-Based Compensation	$13M
Deferred Income Tax	-$2M
Other Non-Cash Items	$9M
Change in Working Capital	$13M
OPERATING CASH FLOW	$499M
Capital Expenditure	-$42M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$42M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$457M
NET CASH FROM FINANCING	-$457M
FREE CASH FLOW	$457M
Net Change in Cash	$0

Balance Sheet

Item	Amount
Cash & Equivalents	$0
Short-Term Investments	$0
Net Receivables	$120M
Inventory	$102M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$235M
PP&E (Net)	$462M
Goodwill	$16M
Intangible Assets	$14M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$11M
TOTAL NON-CURRENT ASSETS	$503M
TOTAL ASSETS	$738M
Account Payables	$50M
Short-Term Debt	$1M
Deferred Revenue	-$1M
Other Current Liabilities	$1M
TOTAL CURRENT LIABILITIES	$137M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$25M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$29M
TOTAL LIABILITIES	$166M
Common Stock	$834M
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	-$262M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$572M
Minority Interest	$0
TOTAL EQUITY	$572M
TOTAL LIABILITIES & EQUITY	$738M
Total Debt	$5M
Net Debt	$5M