SXT FY 2018 Earnings Report — Sensient Technologies Corporation Revenue & Financial Results | Market Cap Arena

Sensient Technologies CorporationSXT

FY 2018 Earnings

Reported February 22, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$1.4B	—	$1.4B	—	1.8%
Op. Income	$202M	—	$216M	—	-6.3%
Gross Margin	33.5%	—	35.1%	—	-1.6pp
Net Margin	11.3%	—	6.6%	—	4.8pp
EPS (Diluted)	$3.70	—	$2.03	—	82.3%
Free Cash Flow	$33M	—	$124M	—	-73.6%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$922M
GROSS PROFIT	$465M
R&D Expenses	$43M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$220M
Other Expenses	$0
Operating Expenses	$263M
Cost & Expenses	$1.2B
OPERATING INCOME	$202M
Interest Income	$0
Interest Expense	$22M
Other Income/Expenses	-$21M
INCOME BEFORE TAX	$182M
Income Tax Expense	$24M
Net Income from Continuing Ops	$157M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$157M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$157M
D&A	$53M
EBIT	$202M
EBITDA	$255M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$922M
GROSS PROFIT	$465M
R&D Expenses	$43M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$220M
Other Expenses	$0
Operating Expenses	$263M
Cost & Expenses	$1.2B
OPERATING INCOME	$202M
Interest Income	$0
Interest Expense	$22M
Other Income/Expenses	-$21M
INCOME BEFORE TAX	$182M
Income Tax Expense	$24M
Net Income from Continuing Ops	$157M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$157M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$157M
D&A	$53M
EBIT	$202M
EBITDA	$255M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$157M
Depreciation & Amortization	$53M
Stock-Based Compensation	$503.0K
Deferred Income Tax	$10M
Other Non-Cash Items	$63.0K
Change in Working Capital	-$137M
OPERATING CASH FLOW	$84M
Capital Expenditure	-$51M
Acquisitions (Net)	-$31M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$97M
NET CASH FROM INVESTING	$15M
Net Debt Issuance	$38M
Common Stock Repurchased	-$77M
Common Dividends Paid	-$57M
Other Financing Activities	-$3M
NET CASH FROM FINANCING	-$99M
FREE CASH FLOW	$33M
Net Change in Cash	$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$32M
Short-Term Investments	$0
Net Receivables	$255M
Inventory	$491M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$823M
PP&E (Net)	$491M
Goodwill	$416M
Intangible Assets	$19M
Long-Term Investments	$0
Tax Assets	$9M
Other Non-Current Assets	$67M
TOTAL NON-CURRENT ASSETS	$1.0B
TOTAL ASSETS	$1.8B
Account Payables	$132M
Short-Term Debt	$20M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$215M
Long-Term Debt	$690M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$29M
Other Non-Current Liabilities	$32M
TOTAL NON-CURRENT LIABILITIES	$750M
TOTAL LIABILITIES	$965M
Common Stock	$5M
Additional Paid-In Capital	$102M
Retained Earnings	$1.5B
Treasury Stock	-$598M
Accum. Other Comp. Income	-$166M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$860M
Minority Interest	$0
TOTAL EQUITY	$860M
TOTAL LIABILITIES & EQUITY	$1.8B
Total Debt	$710M
Net Debt	$678M