STLA Q4 2020 Earnings Report — Stellantis N.V. Revenue & Financial Results | Market Cap Arena

Stellantis N.V.STLA

Q4 2020 Earnings

Reported March 4, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2020	Q3 2020	Q4 2019	QoQ Change	YoY Change
Revenue	$33.4B	$30.2B	—	10.7%	—
Op. Income	$2.6B	$2.2B	—	19.2%	—
Gross Margin	14.9%	15.9%	—	-1.0pp	—
Net Margin	5.5%	4.6%	—	0.8pp	—
EPS (Diluted)	$0.77	$0.89	—	-13.2%	—
Free Cash Flow	$4.5B	$7.9B	—	-42.7%	—

Revenue Flow

Item	Amount
REVENUE	$33.4B
Cost of Revenue	$28.4B
GROSS PROFIT	$5.0B
R&D Expenses	$935M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.7B
Other Expenses	$0
Operating Expenses	$2.7B
Cost & Expenses	$31.1B
OPERATING INCOME	$2.6B
Interest Income	$33M
Interest Expense	$212M
Other Income/Expenses	-$564M
INCOME BEFORE TAX	$2.1B
Income Tax Expense	$242M
Net Income from Continuing Ops	$1.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.8B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.8B
D&A	$1.5B
EBIT	$2.3B
EBITDA	$3.8B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$33.4B
Cost of Revenue	$28.4B
GROSS PROFIT	$5.0B
R&D Expenses	$935M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.7B
Other Expenses	$0
Operating Expenses	$2.7B
Cost & Expenses	$31.1B
OPERATING INCOME	$2.6B
Interest Income	$33M
Interest Expense	$212M
Other Income/Expenses	-$564M
INCOME BEFORE TAX	$2.1B
Income Tax Expense	$242M
Net Income from Continuing Ops	$1.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.8B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.8B
D&A	$1.5B
EBIT	$2.3B
EBITDA	$3.8B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.8B
Depreciation & Amortization	$1.5B
Stock-Based Compensation	$0
Deferred Income Tax	$337M
Other Non-Cash Items	$1.5B
Change in Working Capital	$2.2B
OPERATING CASH FLOW	$7.3B
Capital Expenditure	-$2.8B
Acquisitions (Net)	-$74M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$278M
NET CASH FROM INVESTING	-$3.2B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$6.0B
NET CASH FROM FINANCING	-$6.0B
FREE CASH FLOW	$4.5B
Net Change in Cash	-$2.5B

Balance Sheet

Item	Amount
Cash & Equivalents	$27.9B
Short-Term Investments	$409M
Net Receivables	$6.6B
Inventory	$9.5B
Other Current Assets	$996M
TOTAL CURRENT ASSETS	$46.8B
PP&E (Net)	$32.2B
Goodwill	$11.8B
Intangible Assets	$18.1B
Long-Term Investments	$2.5B
Tax Assets	$1.3B
Other Non-Current Assets	$3.9B
TOTAL NON-CURRENT ASSETS	$69.8B
TOTAL ASSETS	$116.6B
Account Payables	$22.8B
Short-Term Debt	$4.8B
Deferred Revenue	$746M
Other Current Liabilities	-$17M
TOTAL CURRENT LIABILITIES	$37.2B
Long-Term Debt	$19.9B
Deferred Revenue NC	$1.6B
Deferred Tax Liabilities	$2.2B
Other Non-Current Liabilities	$25.5B
TOTAL NON-CURRENT LIABILITIES	$49.2B
TOTAL LIABILITIES	$86.4B
Common Stock	$23M
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$30.1B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$30.1B
Minority Interest	$145M
TOTAL EQUITY	$30.2B
TOTAL LIABILITIES & EQUITY	$116.6B
Total Debt	$24.7B
Net Debt	-$3.2B