ARNC · Arconic Corp - 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 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Revenue | $8.96B | $7.50B | $5.67B |
| Cost of Revenue | $8.03B | $6.57B | $4.86B |
| Gross Profit | $929.00M | $931.00M | $813.00M |
| R&D | $37.00M | $34.00M | $36.00M |
| SG&A | $246.00M | $247.00M | $258.00M |
| Total Operating Expenses | - | - | - |
| D&A | $237.00M | $253.00M | $251.00M |
| Operating Income | ($47.00M) | ($292.00M) | $80.00M |
| Interest Expense | $104.00M | $100.00M | $118.00M |
| Income Tax | ($11.00M) | ($62.00M) | $1.00M |
| Net Income | ($182.00M) | ($397.00M) | ($109.00M) |
| EPS - Basic | ($1.75) | ($3.65) | ($1.00) |
| EPS - Diluted | ($1.75) | ($3.65) | ($1.00) |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Cash & Equivalents | $261.00M | $335.00M | $787.00M |
| Accounts Receivable | $791.00M | $922.00M | $631.00M |
| Inventory | $1.62B | $1.63B | $1.04B |
| Accounts Payable | $1.58B | $1.72B | $1.06B |
| Current Assets | $3.00B | $3.17B | $2.64B |
| Total Assets | $6.01B | $6.58B | $6.31B |
| Current Liabilities | $1.97B | $2.06B | $1.47B |
| Long-term Debt | $1.60B | $1.59B | $1.28B |
| Total Liabilities | $4.66B | $5.02B | $4.87B |
| Stockholders' Equity | $1.36B | $1.54B | $1.43B |
| Retained Earnings | ($734.00M) | ($552.00M) | ($155.00M) |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Operating Cash Flow | $338.00M | ($407.00M) | $6.00M |
| Investing Cash Flow | ($214.00M) | ($181.00M) | ($38.00M) |
| Financing Cash Flow | ($196.00M) | $135.00M | $744.00M |
| CapEx | $245.00M | $184.00M | $163.00M |
| Free Cash Flow | $93.00M | ($591.00M) | ($157.00M) |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Profitability | |||
| Gross margin | 10.4% | 12.4% | 14.3% |
| Operating margin | -0.5% | -3.9% | 1.4% |
| EBITDA margin | 2.1% | -0.5% | 5.8% |
| Net margin | -2.0% | -5.3% | -1.9% |
| Free cash flow margin | 1.0% | -7.9% | -2.8% |
| FCF / Net income | -0.51 | 1.49 | 1.44 |
| R&D / Revenue | 0.4% | 0.5% | 0.6% |
| SG&A / Revenue | 2.7% | 3.3% | 4.5% |
| Effective tax rate | - | - | - |
| Return on assets | -3.0% | -6.0% | -1.7% |
| Return on equity | -13.4% | -25.7% | -7.6% |
| Return on invested capital | -1.3% | -7.3% | 2.3% |
| Liquidity | |||
| Current ratio | 1.52 | 1.54 | 1.79 |
| Quick ratio | 0.70 | 0.75 | 1.09 |
| Cash ratio | 0.13 | 0.16 | 0.53 |
| Leverage | |||
| Debt / Equity | 1.18 | 1.03 | 0.89 |
| Debt / Assets | 0.27 | 0.24 | 0.20 |
| Debt / EBITDA | 8.41 | - | 3.86 |
| Interest coverage | -0.5x | -2.9x | 0.7x |
| Equity multiplier | 4.43 | 4.26 | 4.41 |
| Liabilities / Assets | 0.77 | 0.76 | 0.77 |
| Efficiency | |||
| Asset turnover | 1.49 | 1.14 | 0.90 |
| Inventory turnover | 4.95 | 4.03 | 4.66 |
| Days sales outstanding | 32d | 45d | 41d |
| Days inventory outstanding | 74d | 91d | 78d |
| Days payable outstanding | 72d | 95d | 80d |
| Cash conversion cycle | 34d | 40d | 39d |
| Valuation | |||
| P / E | - | - | - |
| P / B | - | - | - |
| P / S | - | - | - |
| EV / EBITDA | - | - | - |
| Growth | |||
| Revenue growth (YoY) | 19.4% | 32.2% | - |
| Revenue CAGR (3y) | - | - | - |
| Revenue CAGR (5y) | - | - | - |
| Gross profit growth (YoY) | -0.2% | 14.5% | - |
| Operating income growth (YoY) | 83.9% | - | - |
| Net income growth (YoY) | 54.2% | -264.2% | - |
| EPS growth (YoY) | 52.1% | -265.0% | - |
| EPS CAGR (3y) | - | - | - |
| EPS CAGR (5y) | - | - | - |
| FCF growth (YoY) | - | -276.4% | - |
| FCF CAGR (5y) | - | - | - |
| Book value growth (YoY) | -12.2% | 7.8% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2022-12-31.
Business segments
$8.97B totalRolled Products$7.31B · 81.6%
Buildingand Construction Systems$1.25B · 13.9%
Extrusions$409.00M · 4.6%
Product / service
$7.31B totalGround Transportation$3.01B · 41.2%
Industrial Products$1.66B · 22.7%
Buildingand Construction$1.60B · 21.9%
Aerospace$764.00M · 10.4%
Packaging$277.00M · 3.8%
Geographic
$8.96B totalUS$5.97B · 66.6%
RU$828.00M · 9.2%
CN$807.00M · 9.0%
HU$608.00M · 6.8%
Other Geographical Areas$254.00M · 2.8%
FR$247.00M · 2.8%
GB$245.00M · 2.7%
Stability scores
Altman Z′
FY 2022 · bankruptcy risk
1.60
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2022 · 9-point quality
5/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Rolling Drawing & Extruding of Nonferrous Metals
Comparing Arconic Corp against the 5 most active filers in the same SIC group.