NPK FY 2020 Earnings Report — National Presto Industries, Inc. Revenue & Financial Results | Market Cap Arena

National Presto Industries, Inc.NPK

FY 2020 Earnings

Reported March 16, 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	$353M	—	$309M	—	14.3%
Op. Income	$56M	—	$46M	—	21.2%
Gross Margin	24.1%	—	23.3%	—	0.8pp
Net Margin	13.3%	—	13.7%	—	-0.4pp
EPS (Diluted)	$6.67	—	$6.02	—	10.8%
Free Cash Flow	$38M	—	$6M	—	495.1%

Revenue Flow

Item	Amount
REVENUE	$353M
Cost of Revenue	$268M
GROSS PROFIT	$85M
R&D Expenses	$0
Selling & Marketing	$3M
General & Administrative	$26M
SG&A Expenses	$29M
Other Expenses	$221.0K
Operating Expenses	$29M
Cost & Expenses	$296M
OPERATING INCOME	$56M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$4M
INCOME BEFORE TAX	$60M
Income Tax Expense	$13M
Net Income from Continuing Ops	$47M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$47M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$47M
D&A	$3M
EBIT	$56M
EBITDA	$59M
EPS	$7
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$353M
Cost of Revenue	$268M
GROSS PROFIT	$85M
R&D Expenses	$0
Selling & Marketing	$3M
General & Administrative	$26M
SG&A Expenses	$29M
Other Expenses	$221.0K
Operating Expenses	$29M
Cost & Expenses	$296M
OPERATING INCOME	$56M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$4M
INCOME BEFORE TAX	$60M
Income Tax Expense	$13M
Net Income from Continuing Ops	$47M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$47M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$47M
D&A	$3M
EBIT	$56M
EBITDA	$59M
EPS	$7
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$47M
Depreciation & Amortization	$3M
Stock-Based Compensation	$366.0K
Deferred Income Tax	-$2M
Other Non-Cash Items	$488.0K
Change in Working Capital	-$8M
OPERATING CASH FLOW	$41M
Capital Expenditure	-$3M
Acquisitions (Net)	-$10M
Purchases of Investments	-$48M
Sales/Maturities of Investments	$58M
Other Investing Activities	$10M
NET CASH FROM INVESTING	$7M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$42M
Other Financing Activities	-$27.0K
NET CASH FROM FINANCING	-$42M
FREE CASH FLOW	$38M
Net Change in Cash	$6M

Balance Sheet

Item	Amount
Cash & Equivalents	$86M
Short-Term Investments	$69M
Net Receivables	$57M
Inventory	$135M
Other Current Assets	$6M
TOTAL CURRENT ASSETS	$357M
PP&E (Net)	$40M
Goodwill	$15M
Intangible Assets	$3M
Long-Term Investments	$7M
Tax Assets	$5M
Other Non-Current Assets	$7M
TOTAL NON-CURRENT ASSETS	$78M
TOTAL ASSETS	$435M
Account Payables	$26M
Short-Term Debt	$573.0K
Deferred Revenue	$5M
Other Current Liabilities	$12M
TOTAL CURRENT LIABILITIES	$55M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$2M
Other Non-Current Liabilities	$940.0K
TOTAL NON-CURRENT LIABILITIES	$5M
TOTAL LIABILITIES	$60M
Common Stock	$7M
Additional Paid-In Capital	$12M
Retained Earnings	$368M
Treasury Stock	-$13M
Accum. Other Comp. Income	$154.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$374M
Minority Interest	$0
TOTAL EQUITY	$374M
TOTAL LIABILITIES & EQUITY	$435M
Total Debt	$3M
Net Debt	-$83M