STLA Q3 2020 Earnings Report — Stellantis N.V. Revenue & Financial Results | Market Cap Arena

Stellantis N.V.STLA

Q3 2020 Earnings

Reported September 29, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2020	Q2 2020	Q3 2019	QoQ Change	YoY Change
Revenue	$30.2B	$13.7B	$31.9B	120.5%	-5.5%
Op. Income	$2.2B	-$1.1B	$659M	303.0%	234.8%
Gross Margin	15.9%	5.7%	13.0%	10.2pp	2.9pp
Net Margin	4.6%	-9.0%	-0.7%	13.6pp	5.3pp
EPS (Diluted)	$0.89	$-0.78	$-0.13	213.4%	790.9%
Free Cash Flow	$7.9B	-$5.7B	$223M	238.2%	3429.8%

Revenue Flow

Item	Amount
REVENUE	$30.2B
Cost of Revenue	$25.4B
GROSS PROFIT	$4.8B
R&D Expenses	$783M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.8B
Other Expenses	$0
Operating Expenses	$2.6B
Cost & Expenses	$28.0B
OPERATING INCOME	$2.2B
Interest Income	$29M
Interest Expense	$318M
Other Income/Expenses	-$298M
INCOME BEFORE TAX	$1.9B
Income Tax Expense	$509M
Net Income from Continuing Ops	$1.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$1.5B
EBIT	$2.2B
EBITDA	$3.7B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$30.2B
Cost of Revenue	$25.4B
GROSS PROFIT	$4.8B
R&D Expenses	$783M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.8B
Other Expenses	$0
Operating Expenses	$2.6B
Cost & Expenses	$28.0B
OPERATING INCOME	$2.2B
Interest Income	$29M
Interest Expense	$318M
Other Income/Expenses	-$298M
INCOME BEFORE TAX	$1.9B
Income Tax Expense	$509M
Net Income from Continuing Ops	$1.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$1.5B
EBIT	$2.2B
EBITDA	$3.7B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.4B
Depreciation & Amortization	$1.5B
Stock-Based Compensation	$0
Deferred Income Tax	-$55M
Other Non-Cash Items	$506M
Change in Working Capital	$7.1B
OPERATING CASH FLOW	$10.4B
Capital Expenditure	-$2.6B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$139M
NET CASH FROM INVESTING	-$2.7B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$7.2B
NET CASH FROM FINANCING	$7.2B
FREE CASH FLOW	$7.9B
Net Change in Cash	$14.1B

Balance Sheet

Item	Amount
Cash & Equivalents	$30.4B
Short-Term Investments	$1.1B
Net Receivables	$6.8B
Inventory	$10.7B
Other Current Assets	$1.3B
TOTAL CURRENT ASSETS	$51.3B
PP&E (Net)	$32.4B
Goodwill	$12.4B
Intangible Assets	$18.4B
Long-Term Investments	$2.6B
Tax Assets	$1.4B
Other Non-Current Assets	$3.4B
TOTAL NON-CURRENT ASSETS	$70.6B
TOTAL ASSETS	$121.9B
Account Payables	$27.9B
Short-Term Debt	$12.0B
Deferred Revenue	$800M
Other Current Liabilities	$8.4B
TOTAL CURRENT LIABILITIES	$45.0B
Long-Term Debt	$18.9B
Deferred Revenue NC	$1.7B
Deferred Tax Liabilities	$2.1B
Other Non-Current Liabilities	$24.8B
TOTAL NON-CURRENT LIABILITIES	$47.4B
TOTAL LIABILITIES	$92.4B
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	$29.3B
Minority Interest	$152M
TOTAL EQUITY	$29.4B
TOTAL LIABILITIES & EQUITY	$121.9B
Total Debt	$30.9B
Net Debt	$464M