HUBG FY 2019 Earnings Report — Hub Group, Inc. Revenue & Financial Results | Market Cap Arena

Hub Group, Inc.HUBG

FY 2019 Earnings

Reported February 28, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$3.7B	—	$3.7B	—	-0.4%
Op. Income	$152M	—	$125M	—	22.0%
Gross Margin	14.2%	—	12.1%	—	2.1pp
Net Margin	2.9%	—	5.5%	—	-2.6pp
EPS (Diluted)	$1.60	—	$3.01	—	-46.8%
Free Cash Flow	$160M	—	$11M	—	1345.2%

Revenue Flow

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$3.1B
GROSS PROFIT	$521M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$340M
SG&A Expenses	$340M
Other Expenses	$28M
Operating Expenses	$369M
Cost & Expenses	$3.5B
OPERATING INCOME	$152M
Interest Income	$2M
Interest Expense	$11M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$144M
Income Tax Expense	$37M
Net Income from Continuing Ops	$107M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$107M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$107M
D&A	$117M
EBIT	$157M
EBITDA	$274M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$3.1B
GROSS PROFIT	$521M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$340M
SG&A Expenses	$340M
Other Expenses	$28M
Operating Expenses	$369M
Cost & Expenses	$3.5B
OPERATING INCOME	$152M
Interest Income	$2M
Interest Expense	$11M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$144M
Income Tax Expense	$37M
Net Income from Continuing Ops	$107M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$107M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$107M
D&A	$117M
EBIT	$157M
EBITDA	$274M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$107M
Depreciation & Amortization	$117M
Stock-Based Compensation	$16M
Deferred Income Tax	$2M
Other Non-Cash Items	-$745.0K
Change in Working Capital	$13M
OPERATING CASH FLOW	$255M
Capital Expenditure	-$95M
Acquisitions (Net)	-$734.0K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$29M
NET CASH FROM INVESTING	-$66M
Net Debt Issuance	-$52M
Common Stock Repurchased	-$29M
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	-$81M
FREE CASH FLOW	$160M
Net Change in Cash	$107M

Balance Sheet

Item	Amount
Cash & Equivalents	$169M
Short-Term Investments	$0
Net Receivables	$447M
Inventory	$630.0K
Other Current Assets	$24M
TOTAL CURRENT ASSETS	$640M
PP&E (Net)	$705M
Goodwill	$484M
Intangible Assets	$121M
Long-Term Investments	$23M
Tax Assets	-$23M
Other Non-Current Assets	$41M
TOTAL NON-CURRENT ASSETS	$1.4B
TOTAL ASSETS	$2.0B
Account Payables	$257M
Short-Term Debt	$106M
Deferred Revenue	$0
Other Current Liabilities	$87M
TOTAL CURRENT LIABILITIES	$507M
Long-Term Debt	$187M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$155M
Other Non-Current Liabilities	$36M
TOTAL NON-CURRENT LIABILITIES	$409M
TOTAL LIABILITIES	$916M
Common Stock	$419.0K
Additional Paid-In Capital	$164M
Retained Earnings	$1.2B
Treasury Stock	-$269M
Accum. Other Comp. Income	-$186.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$0
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$2.0B
Total Debt	$335M
Net Debt	$166M