SXT FY 2017 Earnings Report — Sensient Technologies Corporation Revenue & Financial Results | Market Cap Arena

Sensient Technologies CorporationSXT

FY 2017 Earnings

Reported February 23, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$1.4B	—	$1.4B	—	-1.5%
Op. Income	$216M	—	$213M	—	1.5%
Gross Margin	35.1%	—	34.5%	—	0.6pp
Net Margin	6.6%	—	9.1%	—	-2.6pp
EPS (Diluted)	$2.03	—	$2.82	—	-28.0%
Free Cash Flow	$124M	—	$141M	—	-12.1%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$884M
GROSS PROFIT	$478M
R&D Expenses	$41M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$222M
Other Expenses	$0
Operating Expenses	$262M
Cost & Expenses	$1.1B
OPERATING INCOME	$216M
Interest Income	$0
Interest Expense	$19M
Other Income/Expenses	-$67M
INCOME BEFORE TAX	$148M
Income Tax Expense	$59M
Net Income from Continuing Ops	$90M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$90M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$90M
D&A	$49M
EBIT	$168M
EBITDA	$216M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$884M
GROSS PROFIT	$478M
R&D Expenses	$41M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$222M
Other Expenses	$0
Operating Expenses	$262M
Cost & Expenses	$1.1B
OPERATING INCOME	$216M
Interest Income	$0
Interest Expense	$19M
Other Income/Expenses	-$67M
INCOME BEFORE TAX	$148M
Income Tax Expense	$59M
Net Income from Continuing Ops	$90M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$90M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$90M
D&A	$49M
EBIT	$168M
EBITDA	$216M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$90M
Depreciation & Amortization	$49M
Stock-Based Compensation	$6M
Deferred Income Tax	$17M
Other Non-Cash Items	$36M
Change in Working Capital	-$17M
OPERATING CASH FLOW	$181M
Capital Expenditure	-$56M
Acquisitions (Net)	$12M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$10M
NET CASH FROM INVESTING	-$34M
Net Debt Issuance	-$9M
Common Stock Repurchased	-$87M
Common Dividends Paid	-$54M
Other Financing Activities	-$3M
NET CASH FROM FINANCING	-$153M
FREE CASH FLOW	$124M
Net Change in Cash	$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$29M
Short-Term Investments	$0
Net Receivables	$195M
Inventory	$464M
Other Current Assets	$2M
TOTAL CURRENT ASSETS	$733M
PP&E (Net)	$499M
Goodwill	$409M
Intangible Assets	$7M
Long-Term Investments	$0
Tax Assets	$8M
Other Non-Current Assets	$68M
TOTAL NON-CURRENT ASSETS	$991M
TOTAL ASSETS	$1.7B
Account Payables	$110M
Short-Term Debt	$20M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$216M
Long-Term Debt	$604M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$19M
Other Non-Current Liabilities	$33M
TOTAL NON-CURRENT LIABILITIES	$656M
TOTAL LIABILITIES	$872M
Common Stock	$5M
Additional Paid-In Capital	$107M
Retained Earnings	$1.4B
Treasury Stock	-$525M
Accum. Other Comp. Income	-$149M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$852M
Minority Interest	$0
TOTAL EQUITY	$852M
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$624M
Net Debt	$595M