SXT FY 2021 Earnings Report — Sensient Technologies Corporation Revenue & Financial Results | Market Cap Arena

Sensient Technologies CorporationSXT

FY 2021 Earnings

Reported February 18, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$1.4B	—	$1.3B	—	3.6%
Op. Income	$170M	—	$167M	—	1.8%
Gross Margin	32.9%	—	31.9%	—	1.0pp
Net Margin	8.6%	—	8.2%	—	0.4pp
EPS (Diluted)	$2.81	—	$2.59	—	8.5%
Free Cash Flow	$84M	—	$167M	—	-49.3%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$926M
GROSS PROFIT	$455M
R&D Expenses	$34M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$250M
Other Expenses	$0
Operating Expenses	$285M
Cost & Expenses	$1.2B
OPERATING INCOME	$170M
Interest Income	$0
Interest Expense	$13M
Other Income/Expenses	-$13M
INCOME BEFORE TAX	$157M
Income Tax Expense	$39M
Net Income from Continuing Ops	$119M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$119M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$119M
D&A	$52M
EBIT	$170M
EBITDA	$222M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$926M
GROSS PROFIT	$455M
R&D Expenses	$34M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$250M
Other Expenses	$0
Operating Expenses	$285M
Cost & Expenses	$1.2B
OPERATING INCOME	$170M
Interest Income	$0
Interest Expense	$13M
Other Income/Expenses	-$13M
INCOME BEFORE TAX	$157M
Income Tax Expense	$39M
Net Income from Continuing Ops	$119M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$119M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$119M
D&A	$52M
EBIT	$170M
EBITDA	$222M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$119M
Depreciation & Amortization	$52M
Stock-Based Compensation	$10M
Deferred Income Tax	-$6M
Other Non-Cash Items	$14M
Change in Working Capital	-$43M
OPERATING CASH FLOW	$145M
Capital Expenditure	-$61M
Acquisitions (Net)	$24M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$36M
Net Debt Issuance	$2M
Common Stock Repurchased	-$43M
Common Dividends Paid	-$67M
Other Financing Activities	-$582.0K
NET CASH FROM FINANCING	-$108M
FREE CASH FLOW	$84M
Net Change in Cash	$970.0K

Balance Sheet

Item	Amount
Cash & Equivalents	$26M
Short-Term Investments	$0
Net Receivables	$261M
Inventory	$412M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$741M
PP&E (Net)	$446M
Goodwill	$420M
Intangible Assets	$15M
Long-Term Investments	$0
Tax Assets	$30M
Other Non-Current Assets	$93M
TOTAL NON-CURRENT ASSETS	$1.0B
TOTAL ASSETS	$1.7B
Account Payables	$126M
Short-Term Debt	$9M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$232M
Long-Term Debt	$503M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$14M
Other Non-Current Liabilities	$57M
TOTAL NON-CURRENT LIABILITIES	$575M
TOTAL LIABILITIES	$807M
Common Stock	$5M
Additional Paid-In Capital	$111M
Retained Earnings	$1.6B
Treasury Stock	-$634M
Accum. Other Comp. Income	-$175M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$938M
Minority Interest	$0
TOTAL EQUITY	$938M
TOTAL LIABILITIES & EQUITY	$1.7B
Total Debt	$512M
Net Debt	$486M