AE · Adams Resources & Energy, 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 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $695.16M | $718.49M | $661.05M | - | $760.61M | $624.77M | $650.16M | - | $852.90M | $992.05M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $4.52M | $4.45M | $4.78M | - | $4.16M | $1.72M | $4.77M | - | $4.63M | $4.21M |
| Total Operating Expenses | $700.73M | $720.93M | $661.41M | - | $756.69M | $622.99M | $652.79M | - | $849.91M | $989.09M |
| D&A | $5.75M | $6.18M | $6.36M | - | $6.94M | $7.30M | $7.05M | - | $6.01M | $5.09M |
| Operating Income | ($5.56M) | ($2.44M) | ($361.0K) | - | $3.92M | $1.78M | ($2.63M) | - | $2.99M | $2.96M |
| Interest Expense | $1.03M | $802.0K | $793.0K | - | $1.03M | $802.0K | $696.0K | - | $119.0K | $136.0K |
| Income Tax | ($1.07M) | ($304.0K) | ($95.0K) | - | $759.0K | $721.0K | ($1.12M) | - | $1.02M | $651.0K |
| Net Income | ($4.54M) | ($2.23M) | ($498.0K) | - | $2.26M | $827.0K | ($2.00M) | - | $2.19M | $2.48M |
| EPS - Basic | ($1.76) | ($0.87) | ($0.19) | - | $0.89 | $0.33 | ($0.79) | - | $0.50 | $0.57 |
| EPS - Diluted | ($1.76) | ($0.87) | ($0.19) | - | $0.88 | $0.32 | ($0.79) | - | $0.50 | $0.56 |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $25.09M | $38.51M | $36.60M | $33.26M | $16.31M | $8.97M | $42.13M | $20.53M | $86.51M | $67.73M |
| Accounts Receivable | $144.33M | $171.74M | $185.30M | $164.29M | $219.26M | $158.43M | $158.13M | $189.04M | $198.79M | $267.63M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | $191.70M | $204.39M | $217.12M | $289.38M |
| Current Assets | $213.04M | $244.70M | $263.43M | $232.47M | $274.79M | $205.79M | $234.57M | $250.14M | $326.65M | $408.01M |
| Total Assets | $332.99M | $366.71M | $390.83M | $361.33M | $410.60M | $343.48M | $371.56M | $384.16M | $462.12M | $504.62M |
| Current Liabilities | $205.37M | $230.99M | $246.17M | $210.79M | $252.60M | $188.57M | $218.87M | $231.06M | $245.23M | $310.97M |
| Long-term Debt | $15.00M | $15.63M | $19.25M | $21.88M | $22.50M | $23.13M | $23.75M | $24.38M | - | - |
| Total Liabilities | $248.21M | $277.48M | $299.18M | $268.62M | $316.53M | $251.76M | $280.41M | $290.98M | $292.87M | $337.17M |
| Stockholders' Equity | $84.78M | $89.23M | $91.65M | $92.72M | $94.06M | $91.72M | $91.16M | $93.18M | $169.25M | $167.45M |
| Retained Earnings | $61.46M | $66.64M | $69.52M | $70.66M | $72.16M | $70.53M | $70.33M | $72.96M | $150.59M | $149.47M |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $13.06M | - | - | - | $23.71M | - | - | - |
| Investing Cash Flow | - | - | ($5.19M) | - | - | - | ($1.46M) | - | - | - |
| Financing Cash Flow | - | - | ($4.85M) | - | - | - | ($2.33M) | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -0.8% | -0.3% | -0.1% | - | 0.5% | 0.3% | -0.4% | - | 0.4% | 0.3% |
| EBITDA margin | 0.0% | 0.5% | 0.9% | - | 1.4% | 1.5% | 0.7% | - | 1.1% | 0.8% |
| Net margin | -0.7% | -0.3% | -0.1% | - | 0.3% | 0.1% | -0.3% | - | 0.3% | 0.2% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 0.7% | 0.6% | 0.7% | - | 0.5% | 0.3% | 0.7% | - | 0.5% | 0.4% |
| Effective tax rate | - | - | - | - | 25.2% | 46.6% | - | - | 31.8% | 20.8% |
| Return on assets | -1.4% | -0.6% | -0.1% | - | 0.5% | 0.2% | -0.5% | - | 0.5% | 0.5% |
| Return on equity | -5.4% | -2.5% | -0.5% | - | 2.4% | 0.9% | -2.2% | - | 1.3% | 1.5% |
| Return on invested capital | -4.4% | -1.8% | -0.3% | - | 2.5% | 0.8% | -1.8% | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.04 | 1.06 | 1.07 | 1.10 | 1.09 | 1.09 | 1.07 | 1.08 | 1.33 | 1.31 |
| Quick ratio | 1.04 | 1.06 | 1.07 | 1.10 | 1.09 | 1.09 | 1.07 | 1.08 | 1.33 | 1.31 |
| Cash ratio | 0.12 | 0.17 | 0.15 | 0.16 | 0.06 | 0.05 | 0.19 | 0.09 | 0.35 | 0.22 |
| Leverage | ||||||||||
| Debt / Equity | 0.18 | 0.18 | 0.21 | 0.24 | 0.24 | 0.25 | 0.26 | 0.26 | - | - |
| Debt / Assets | 0.05 | 0.04 | 0.05 | 0.06 | 0.05 | 0.07 | 0.06 | 0.06 | - | - |
| Debt / EBITDA | 78.95 | 4.17 | 3.21 | - | 2.07 | 2.55 | 5.37 | - | - | - |
| Interest coverage | -5.4x | -3.0x | -0.5x | - | 3.8x | 2.2x | -3.8x | - | 25.2x | 21.8x |
| Equity multiplier | 3.93 | 4.11 | 4.26 | 3.90 | 4.37 | 3.74 | 4.08 | 4.12 | 2.73 | 3.01 |
| Liabilities / Assets | 0.75 | 0.76 | 0.77 | 0.74 | 0.77 | 0.73 | 0.75 | 0.76 | 0.63 | 0.67 |
| Efficiency | ||||||||||
| Asset turnover | 2.09 | 1.96 | 1.69 | - | 1.85 | 1.82 | 1.75 | - | 1.85 | 1.97 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 76d | 87d | 102d | - | 105d | 93d | 89d | - | 85d | 98d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -8.6% | 15.0% | 1.7% | - | -10.8% | -37.0% | -16.0% | - | 50.1% | 103.8% |
| Revenue CAGR (3y) | 7.0% | 13.9% | 25.3% | - | 22.7% | 15.3% | 22.5% | - | 23.7% | 27.0% |
| Revenue CAGR (5y) | 9.1% | 8.2% | 8.2% | - | 10.2% | 6.7% | 10.9% | - | 23.6% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | 86.3% | - | 31.1% | -39.9% | - | - | 30.1% | -53.3% |
| Net income growth (YoY) | - | - | 75.1% | - | 3.1% | -66.6% | - | - | 41.7% | -47.4% |
| EPS growth (YoY) | - | - | 75.9% | - | 76.0% | -42.9% | - | - | 38.9% | -49.1% |
| EPS CAGR (3y) | - | - | - | - | 6.9% | -26.9% | - | - | 49.4% | - |
| EPS CAGR (5y) | - | - | - | - | 12.9% | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -9.9% | -2.7% | 0.5% | -0.5% | -44.4% | -45.2% | -44.9% | -41.9% | 7.1% | 8.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Business segments
$2.75B totalCrude Oil Marketing$2.59B · 94.2%
Transportation$98.36M · 3.6%
Logistics And Repurposing$61.26M · 2.2%
Pipeline And Storage$323.0K · 0.0%
Product / service
$5.33B totalOil And Gas Refining And Marketing$2.59B · 48.5%
Service$2.53B · 47.5%
Shipping And Handling$98.36M · 1.8%
Logistics And Repurposing$61.26M · 1.1%
Product And Service Other$54.27M · 1.0%
Pipeline And Storage$323.0K · 0.0%
Peer comparison
Same SIC group: Wholesale-Petroleum & Petroleum Products (No Bulk Stations)
Comparing ADAMS RESOURCES & ENERGY against the 5 most active filers in the same SIC group.