ROG FY 2020 Earnings Report — Rogers Corporation Revenue & Financial Results | Market Cap Arena

Rogers CorporationROG

FY 2020 Earnings

Reported February 18, 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	$803M	—	$898M	—	-10.7%
Op. Income	$67M	—	$110M	—	-39.1%
Gross Margin	36.4%	—	35.0%	—	1.4pp
Net Margin	6.2%	—	5.3%	—	1.0pp
EPS (Diluted)	$2.67	—	$2.53	—	5.5%
Free Cash Flow	$125M	—	$110M	—	13.6%

Revenue Flow

Item	Amount
REVENUE	$803M
Cost of Revenue	$511M
GROSS PROFIT	$292M
R&D Expenses	$29M
Selling & Marketing	$2M
General & Administrative	$180M
SG&A Expenses	$182M
Other Expenses	$13M
Operating Expenses	$224M
Cost & Expenses	$735M
OPERATING INCOME	$67M
Interest Income	$939.0K
Interest Expense	$5M
Other Income/Expenses	$1M
INCOME BEFORE TAX	$69M
Income Tax Expense	$19M
Net Income from Continuing Ops	$50M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$50M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$50M
D&A	$71M
EBIT	$81M
EBITDA	$152M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$803M
Cost of Revenue	$511M
GROSS PROFIT	$292M
R&D Expenses	$29M
Selling & Marketing	$2M
General & Administrative	$180M
SG&A Expenses	$182M
Other Expenses	$13M
Operating Expenses	$224M
Cost & Expenses	$735M
OPERATING INCOME	$67M
Interest Income	$939.0K
Interest Expense	$5M
Other Income/Expenses	$1M
INCOME BEFORE TAX	$69M
Income Tax Expense	$19M
Net Income from Continuing Ops	$50M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$50M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$50M
D&A	$71M
EBIT	$81M
EBITDA	$152M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$50M
Depreciation & Amortization	$71M
Stock-Based Compensation	$14M
Deferred Income Tax	-$13M
Other Non-Cash Items	$2M
Change in Working Capital	$42M
OPERATING CASH FLOW	$165M
Capital Expenditure	-$40M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$40M
Net Debt Issuance	-$100M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$5M
NET CASH FROM FINANCING	-$104M
FREE CASH FLOW	$125M
Net Change in Cash	$25M

Balance Sheet

Item	Amount
Cash & Equivalents	$192M
Short-Term Investments	$0
Net Receivables	$164M
Inventory	$102M
Other Current Assets	$13M
TOTAL CURRENT ASSETS	$474M
PP&E (Net)	$277M
Goodwill	$270M
Intangible Assets	$118M
Long-Term Investments	$79M
Tax Assets	$29M
Other Non-Current Assets	$17M
TOTAL NON-CURRENT ASSETS	$790M
TOTAL ASSETS	$1.3B
Account Payables	$36M
Short-Term Debt	$7M
Deferred Revenue	$0
Other Current Liabilities	$18M
TOTAL CURRENT LIABILITIES	$112M
Long-Term Debt	$25M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$8M
Other Non-Current Liabilities	$96M
TOTAL NON-CURRENT LIABILITIES	$132M
TOTAL LIABILITIES	$243M
Common Stock	$19M
Additional Paid-In Capital	$148M
Retained Earnings	$874M
Treasury Stock	$0
Accum. Other Comp. Income	-$20M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.0B
Minority Interest	$0
TOTAL EQUITY	$1.0B
TOTAL LIABILITIES & EQUITY	$1.3B
Total Debt	$35M
Net Debt	-$157M