PLXS FY 2020 Earnings Report — Plexus Corp. Revenue & Financial Results | Market Cap Arena

Plexus Corp.PLXS

FY 2020 Earnings

Reported November 20, 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	$3.4B	—	$3.2B	—	7.1%
Op. Income	$153M	—	$142M	—	8.0%
Gross Margin	9.2%	—	9.2%	—	0.0pp
Net Margin	3.5%	—	3.4%	—	0.0pp
EPS (Diluted)	$3.93	—	$3.50	—	12.3%
Free Cash Flow	$160M	—	$25M	—	548.9%

Revenue Flow

Item	Amount
REVENUE	$3.4B
Cost of Revenue	$3.1B
GROSS PROFIT	$313M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$153M
Other Expenses	$6M
Operating Expenses	$159M
Cost & Expenses	$3.2B
OPERATING INCOME	$153M
Interest Income	$2M
Interest Expense	$16M
Other Income/Expenses	-$18M
INCOME BEFORE TAX	$135M
Income Tax Expense	$18M
Net Income from Continuing Ops	$117M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$117M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$117M
D&A	$57M
EBIT	$152M
EBITDA	$208M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$3.4B
Cost of Revenue	$3.1B
GROSS PROFIT	$313M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$153M
Other Expenses	$6M
Operating Expenses	$159M
Cost & Expenses	$3.2B
OPERATING INCOME	$153M
Interest Income	$2M
Interest Expense	$16M
Other Income/Expenses	-$18M
INCOME BEFORE TAX	$135M
Income Tax Expense	$18M
Net Income from Continuing Ops	$117M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$117M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$117M
D&A	$57M
EBIT	$152M
EBITDA	$208M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$117M
Depreciation & Amortization	$57M
Stock-Based Compensation	$24M
Deferred Income Tax	-$4M
Other Non-Cash Items	$7M
Change in Working Capital	$9M
OPERATING CASH FLOW	$210M
Capital Expenditure	-$50M
Acquisitions (Net)	$437.0K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$200.0K
NET CASH FROM INVESTING	-$50M
Net Debt Issuance	$41M
Common Stock Repurchased	-$41M
Common Dividends Paid	$0
Other Financing Activities	$12M
NET CASH FROM FINANCING	-$1M
FREE CASH FLOW	$160M
Net Change in Cash	$162M

Balance Sheet

Item	Amount
Cash & Equivalents	$386M
Short-Term Investments	$0
Net Receivables	$596M
Inventory	$763M
Other Current Assets	$2M
TOTAL CURRENT ASSETS	$1.8B
PP&E (Net)	$454M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$21M
Other Non-Current Assets	$36M
TOTAL NON-CURRENT ASSETS	$511M
TOTAL ASSETS	$2.3B
Account Payables	$516M
Short-Term Debt	$147M
Deferred Revenue	$160M
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$1.0B
Long-Term Debt	$188M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$6M
Other Non-Current Liabilities	$78M
TOTAL NON-CURRENT LIABILITIES	$309M
TOTAL LIABILITIES	$1.3B
Common Stock	$535.0K
Additional Paid-In Capital	$622M
Retained Earnings	$1.3B
Treasury Stock	-$935M
Accum. Other Comp. Income	-$5M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$977M
Minority Interest	$0
TOTAL EQUITY	$977M
TOTAL LIABILITIES & EQUITY	$2.3B
Total Debt	$372M
Net Debt	-$14M