SXT FY 2020 Earnings Report — Sensient Technologies Corporation Revenue & Financial Results | Market Cap Arena

Sensient Technologies CorporationSXT

FY 2020 Earnings

Reported February 22, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$1.3B	—	$1.3B	—	0.7%
Op. Income	$167M	—	$169M	—	-1.1%
Gross Margin	31.9%	—	32.2%	—	-0.3pp
Net Margin	8.2%	—	6.2%	—	2.0pp
EPS (Diluted)	$2.59	—	$1.94	—	33.5%
Free Cash Flow	$167M	—	$138M	—	20.7%

Revenue Flow

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$906M
GROSS PROFIT	$426M
R&D Expenses	$39M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$220M
Other Expenses	$0
Operating Expenses	$258M
Cost & Expenses	$1.2B
OPERATING INCOME	$167M
Interest Income	$0
Interest Expense	$15M
Other Income/Expenses	-$29M
INCOME BEFORE TAX	$138M
Income Tax Expense	$28M
Net Income from Continuing Ops	$109M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$109M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$109M
D&A	$50M
EBIT	$153M
EBITDA	$202M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.3B
Cost of Revenue	$906M
GROSS PROFIT	$426M
R&D Expenses	$39M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$220M
Other Expenses	$0
Operating Expenses	$258M
Cost & Expenses	$1.2B
OPERATING INCOME	$167M
Interest Income	$0
Interest Expense	$15M
Other Income/Expenses	-$29M
INCOME BEFORE TAX	$138M
Income Tax Expense	$28M
Net Income from Continuing Ops	$109M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$109M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$109M
D&A	$50M
EBIT	$153M
EBITDA	$202M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$109M
Depreciation & Amortization	$50M
Stock-Based Compensation	$6M
Deferred Income Tax	-$9M
Other Non-Cash Items	$7M
Change in Working Capital	$56M
OPERATING CASH FLOW	$219M
Capital Expenditure	-$52M
Acquisitions (Net)	$13M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$6M
NET CASH FROM INVESTING	-$33M
Net Debt Issuance	-$118M
Common Stock Repurchased	$0
Common Dividends Paid	-$66M
Other Financing Activities	-$415.0K
NET CASH FROM FINANCING	-$184M
FREE CASH FLOW	$167M
Net Change in Cash	$4M

Balance Sheet

Item	Amount
Cash & Equivalents	$25M
Short-Term Investments	$0
Net Receivables	$234M
Inventory	$381M
Other Current Assets	$53M
TOTAL CURRENT ASSETS	$742M
PP&E (Net)	$445M
Goodwill	$423M
Intangible Assets	$11M
Long-Term Investments	$0
Tax Assets	$30M
Other Non-Current Assets	$90M
TOTAL NON-CURRENT ASSETS	$999M
TOTAL ASSETS	$1.7B
Account Payables	$107M
Short-Term Debt	$9M
Deferred Revenue	$0
Other Current Liabilities	$17M
TOTAL CURRENT LIABILITIES	$216M
Long-Term Debt	$518M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$13M
Other Non-Current Liabilities	$59M
TOTAL NON-CURRENT LIABILITIES	$591M
TOTAL LIABILITIES	$807M
Common Stock	$5M
Additional Paid-In Capital	$103M
Retained Earnings	$1.6B
Treasury Stock	-$594M
Accum. Other Comp. Income	-$159M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$934M
Minority Interest	$0
TOTAL EQUITY	$934M
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$527M
Net Debt	$502M