STLA Q2 2018 Earnings Report — Stellantis N.V. Revenue & Financial Results | Market Cap Arena

Stellantis N.V.STLA

Q2 2018 Earnings

Reported July 26, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2018	Q1 2018	Q2 2017	QoQ Change	YoY Change
Revenue	$33.9B	$31.6B	$32.6B	7.3%	3.8%
Op. Income	$1.7B	$1.8B	$3.1B	-7.2%	-45.9%
Gross Margin	13.9%	14.7%	15.9%	-0.8pp	-2.0pp
Net Margin	2.6%	3.8%	4.1%	-1.2pp	-1.5pp
EPS (Diluted)	$0.56	$0.76	$0.87	-26.2%	-35.1%
Free Cash Flow	$1.8B	$1.2B	$859M	52.9%	106.4%

Revenue Flow

Item	Amount
REVENUE	$33.9B
Cost of Revenue	$29.2B
GROSS PROFIT	$4.7B
R&D Expenses	$994M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$2.1B
Other Expenses	$0
Operating Expenses	$3.1B
Cost & Expenses	$32.3B
OPERATING INCOME	$1.7B
Interest Income	$51M
Interest Expense	$351M
Other Income/Expenses	-$309M
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$462M
Net Income from Continuing Ops	$875M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$875M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$875M
D&A	$1.7B
EBIT	$2.0B
EBITDA	$3.4B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$33.9B
Cost of Revenue	$29.2B
GROSS PROFIT	$4.7B
R&D Expenses	$994M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$2.1B
Other Expenses	$0
Operating Expenses	$3.1B
Cost & Expenses	$32.3B
OPERATING INCOME	$1.7B
Interest Income	$51M
Interest Expense	$351M
Other Income/Expenses	-$309M
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$462M
Net Income from Continuing Ops	$875M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$875M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$875M
D&A	$1.7B
EBIT	$2.0B
EBITDA	$3.4B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$882M
Depreciation & Amortization	$1.7B
Stock-Based Compensation	$0
Deferred Income Tax	$134M
Other Non-Cash Items	$348M
Change in Working Capital	$208M
OPERATING CASH FLOW	$3.3B
Capital Expenditure	-$1.5B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$306M
NET CASH FROM INVESTING	-$1.8B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$91M
NET CASH FROM FINANCING	$91M
FREE CASH FLOW	$1.8B
Net Change in Cash	$1.9B

Balance Sheet

Item	Amount
Cash & Equivalents	$15.5B
Short-Term Investments	$911M
Net Receivables	$10.9B
Inventory	$16.5B
Other Current Assets	$2.9B
TOTAL CURRENT ASSETS	$46.6B
PP&E (Net)	$32.8B
Goodwill	$12.5B
Intangible Assets	$17.4B
Long-Term Investments	$2.9B
Tax Assets	$2.4B
Other Non-Current Assets	$1.8B
TOTAL NON-CURRENT ASSETS	$69.8B
TOTAL ASSETS	$116.4B
Account Payables	$32.1B
Short-Term Debt	$6.9B
Deferred Revenue	$766M
Other Current Liabilities	$11.0B
TOTAL CURRENT LIABILITIES	$46.2B
Long-Term Debt	$12.2B
Deferred Revenue NC	$1.7B
Deferred Tax Liabilities	$692M
Other Non-Current Liabilities	$29.1B
TOTAL NON-CURRENT LIABILITIES	$43.7B
TOTAL LIABILITIES	$89.9B
Common Stock	$0
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$26.3B
Minority Interest	$220M
TOTAL EQUITY	$26.5B
TOTAL LIABILITIES & EQUITY	$116.4B
Total Debt	$19.1B
Net Debt	$3.6B