STLA Q4 2017 Earnings Report — Stellantis N.V. Revenue & Financial Results | Market Cap Arena

Stellantis N.V.STLA

Q4 2017 Earnings

Reported February 20, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2017	Q3 2017	Q4 2016	QoQ Change	YoY Change
Revenue	$33.8B	$30.9B	$34.7B	9.3%	-2.8%
Op. Income	$2.2B	$2.0B	$1.7B	10.8%	28.9%
Gross Margin	14.8%	15.7%	14.6%	-0.9pp	0.1pp
Net Margin	2.8%	3.4%	1.4%	-0.7pp	1.4pp
EPS (Diluted)	$0.60	$0.68	$0.32	-12.1%	88.9%
Free Cash Flow	$1.9B	$7M	$2.5B	27100.0%	-24.1%

Revenue Flow

Item	Amount
REVENUE	$33.8B
Cost of Revenue	$28.8B
GROSS PROFIT	$5.0B
R&D Expenses	$876M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$2.3B
Other Expenses	$0
Operating Expenses	$3.1B
Cost & Expenses	$31.9B
OPERATING INCOME	$2.2B
Interest Income	$60M
Interest Expense	$172M
Other Income/Expenses	-$603M
INCOME BEFORE TAX	$1.6B
Income Tax Expense	$633M
Net Income from Continuing Ops	$933M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$933M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$933M
D&A	$1.6B
EBIT	$2.4B
EBITDA	$3.8B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$33.8B
Cost of Revenue	$28.8B
GROSS PROFIT	$5.0B
R&D Expenses	$876M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$2.3B
Other Expenses	$0
Operating Expenses	$3.1B
Cost & Expenses	$31.9B
OPERATING INCOME	$2.2B
Interest Income	$60M
Interest Expense	$172M
Other Income/Expenses	-$603M
INCOME BEFORE TAX	$1.6B
Income Tax Expense	$633M
Net Income from Continuing Ops	$933M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$933M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$933M
D&A	$1.6B
EBIT	$2.4B
EBITDA	$3.8B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$940M
Depreciation & Amortization	$1.6B
Stock-Based Compensation	$0
Deferred Income Tax	$413M
Other Non-Cash Items	$657M
Change in Working Capital	$855M
OPERATING CASH FLOW	$4.5B
Capital Expenditure	-$2.6B
Acquisitions (Net)	-$2M
Purchases of Investments	$71M
Sales/Maturities of Investments	$6M
Other Investing Activities	-$705M
NET CASH FROM INVESTING	-$3.3B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$98M
NET CASH FROM FINANCING	$98M
FREE CASH FLOW	$1.9B
Net Change in Cash	$1.0B

Balance Sheet

Item	Amount
Cash & Equivalents	$14.8B
Short-Term Investments	$260M
Net Receivables	$9.9B
Inventory	$15.1B
Other Current Assets	$2.0B
TOTAL CURRENT ASSETS	$42.4B
PP&E (Net)	$33.9B
Goodwill	$12.2B
Intangible Assets	$17.0B
Long-Term Investments	$2.5B
Tax Assets	$2.3B
Other Non-Current Assets	$2.3B
TOTAL NON-CURRENT ASSETS	$70.2B
TOTAL ASSETS	$112.6B
Account Payables	$30.8B
Short-Term Debt	$8.5B
Deferred Revenue	$8.1B
Other Current Liabilities	$2.3B
TOTAL CURRENT LIABILITIES	$44.7B
Long-Term Debt	$12.5B
Deferred Revenue NC	$30.1B
Deferred Tax Liabilities	$454M
Other Non-Current Liabilities	$234M
TOTAL NON-CURRENT LIABILITIES	$43.3B
TOTAL LIABILITIES	$88.1B
Common Stock	$22M
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$24.3B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$24.3B
Minority Interest	$196M
TOTAL EQUITY	$24.5B
TOTAL LIABILITIES & EQUITY	$112.6B
Total Debt	$21.0B
Net Debt	$6.2B