AAN · Aaron'S Company, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $503.13M | $511.50M | - | $525.68M | $530.37M | $554.36M | - | $593.38M | $610.38M | $456.08M |
| Cost of Revenue | $231.11M | $237.61M | - | $253.77M | $248.10M | $258.67M | - | $295.64M | $317.24M | $171.13M |
| Gross Profit | $272.02M | $273.88M | - | $271.91M | $282.27M | $295.69M | - | $297.75M | $293.15M | $284.95M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $284.36M | $286.31M | - | $275.42M | $271.00M | $283.02M | - | $314.81M | $302.60M | $254.76M |
| D&A | $23.00M | $23.04M | - | $22.57M | $22.27M | $18.15M | - | $22.82M | $17.48M | - |
| Operating Income | ($12.35M) | ($12.42M) | - | ($3.51M) | $11.28M | $12.68M | - | ($17.06M) | ($9.46M) | $30.18M |
| Interest Expense | $4.16M | $4.53M | - | $3.46M | $3.91M | $4.36M | - | $3.15M | $2.46M | $350.0K |
| Income Tax | ($4.35M) | ($2.14M) | - | ($3.12M) | $1.49M | ($3.91M) | - | ($4.94M) | ($8.13M) | $7.37M |
| Net Income | ($11.90M) | ($14.18M) | - | ($4.14M) | $6.52M | $12.80M | - | ($15.62M) | ($5.34M) | $21.53M |
| EPS - Basic | ($0.39) | ($0.46) | - | ($0.13) | $0.21 | $0.42 | - | ($0.51) | ($0.17) | $0.69 |
| EPS - Diluted | ($0.39) | ($0.46) | - | ($0.13) | $0.21 | $0.41 | - | ($0.51) | ($0.17) | $0.68 |
Balance Sheet
| Line item | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $34.16M | $41.04M | $59.03M | $39.31M | $38.37M | $44.27M | $27.72M | $37.78M | $28.25M | $13.52M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $1.77B | $1.79B | $1.83B | $1.79B | $1.82B | $1.83B | $1.86B | $1.89B | $1.93B | $1.45B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $203.29M | $205.43M | $187.57M | $165.64M | $181.69M | $217.74M | $218.96M | $254.84M | $283.39M | - |
| Total Liabilities | $1.11B | $1.12B | $1.14B | $1.09B | $1.11B | $1.12B | $1.16B | $1.18B | $1.21B | $715.45M |
| Stockholders' Equity | $657.69M | $670.54M | $686.14M | $700.68M | $710.58M | $703.90M | $695.40M | $703.72M | $720.51M | $730.91M |
| Retained Earnings | $32.25M | $48.09M | $66.20M | $82.48M | $90.55M | $87.91M | $79.07M | $88.52M | $107.61M | $116.49M |
Cash Flow
| Line item | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($18.54M) | - | - | - | $60.96M | - | - | - | $29.05M |
| Investing Cash Flow | - | ($12.66M) | - | - | - | ($18.06M) | - | - | - | ($17.06M) |
| Financing Cash Flow | - | $13.22M | - | - | - | ($26.32M) | - | - | - | ($21.32M) |
| CapEx | - | $20.94M | - | - | - | $20.21M | - | - | - | $25.10M |
| Free Cash Flow | - | ($39.48M) | - | - | - | $40.75M | - | - | - | $3.95M |
Ratios
| Metric | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 54.1% | 53.5% | - | 51.7% | 53.2% | 53.3% | - | 50.2% | 48.0% | 62.5% |
| Operating margin | -2.5% | -2.4% | - | -0.7% | 2.1% | 2.3% | - | -2.9% | -1.5% | 6.6% |
| EBITDA margin | 2.1% | 2.1% | - | 3.6% | 6.3% | 5.6% | - | 1.0% | 1.3% | - |
| Net margin | -2.4% | -2.8% | - | -0.8% | 1.2% | 2.3% | - | -2.6% | -0.9% | 4.7% |
| Free cash flow margin | - | -7.7% | - | - | - | 7.4% | - | - | - | 0.9% |
| FCF / Net income | - | 2.78 | - | - | - | 3.18 | - | - | - | 0.18 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | 18.6% | -43.9% | - | - | - | 25.5% |
| Return on assets | -0.7% | -0.8% | - | -0.2% | 0.4% | 0.7% | - | -0.8% | -0.3% | 1.5% |
| Return on equity | -1.8% | -2.1% | - | -0.6% | 0.9% | 1.8% | - | -2.2% | -0.7% | 2.9% |
| Return on invested capital | -1.1% | -1.1% | - | -0.3% | 1.0% | 1.4% | - | -1.4% | -0.7% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.31 | 0.31 | 0.27 | 0.24 | 0.26 | 0.31 | 0.31 | 0.36 | 0.39 | - |
| Debt / Assets | 0.11 | 0.12 | 0.10 | 0.09 | 0.10 | 0.12 | 0.12 | 0.13 | 0.15 | - |
| Debt / EBITDA | 19.08 | 19.35 | - | 8.69 | 5.42 | 7.06 | - | 44.25 | 35.31 | - |
| Interest coverage | -3.0x | -2.7x | - | -1.0x | 2.9x | 2.9x | - | -5.4x | -3.8x | 86.2x |
| Equity multiplier | 2.69 | 2.66 | 2.66 | 2.55 | 2.56 | 2.59 | 2.67 | 2.68 | 2.68 | 1.98 |
| Liabilities / Assets | 0.63 | 0.62 | 0.62 | 0.61 | 0.61 | 0.61 | 0.63 | 0.63 | 0.63 | 0.49 |
| Efficiency | ||||||||||
| Asset turnover | 0.28 | 0.29 | - | 0.29 | 0.29 | 0.30 | - | 0.31 | 0.32 | 0.32 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -5.1% | -7.7% | - | -11.4% | -13.1% | 21.5% | - | 31.2% | 30.6% | -5.2% |
| Revenue CAGR (3y) | 2.5% | 2.1% | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -3.6% | -7.4% | - | -8.7% | -3.7% | 3.8% | - | 4.6% | -0.5% | -6.0% |
| Operating income growth (YoY) | - | - | - | 79.4% | - | -58.0% | - | - | - | - |
| Net income growth (YoY) | - | - | - | 73.5% | - | -40.6% | - | - | - | -40.7% |
| EPS growth (YoY) | - | - | - | 74.5% | - | -39.7% | - | - | - | -34.6% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | 931.9% | - | - | - | -88.7% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -7.4% | -4.7% | -1.3% | -0.4% | -1.4% | -3.7% | -3.2% | -3.1% | -1.8% | -1.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Business segments
$2.15B totalAarons Business$1.55B · 71.9%
Brands Mart$604.41M · 28.1%
Product / service
$3.59B totalLease And Retail Revenues$1.40B · 39.0%
Lease Revenuesand Fees$1.40B · 39.0%
Retail Sales$620.66M · 17.3%
Non Retail Sales$96.71M · 2.7%
Leases$24.80M · 0.7%
Franchise Royalties And Other Revenues$23.00M · 0.6%
Franchise Royalties And Fees$22.31M · 0.6%
Other Revenue$689.0K · 0.0%
Peer comparison
Same SIC group: Services-Equipment Rental & Leasing, NEC
Comparing Aaron's Company against the 5 most active filers in the same SIC group.