CCMP · Cmc Materials, 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 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 | Q2 '20 | Q1 '20 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $324.13M | $317.05M | $309.52M | $290.53M | $287.86M | $274.73M | $284.19M | $283.14M | $271.88M | $142.98M |
| Cost of Revenue | $195.90M | $191.21M | $180.32M | $166.78M | $164.96M | $152.97M | $163.09M | $154.46M | $156.49M | $150.57M |
| Gross Profit | $128.22M | $125.84M | $129.20M | $123.75M | $122.90M | $121.75M | $121.10M | $128.68M | $115.39M | $114.82M |
| R&D | $12.34M | $13.33M | $13.65M | $12.93M | $12.43M | $12.16M | $13.23M | $12.81M | $12.19M | $12.78M |
| SG&A | $47.11M | $56.48M | $56.24M | $58.54M | $55.92M | $51.85M | $56.21M | $54.44M | $25.71M | $50.33M |
| Total Operating Expenses | $71.69M | $85.30M | $72.99M | $279.68M | $75.69M | $64.01M | $69.44M | $67.25M | $63.15M | $63.11M |
| D&A | $32.76M | $32.70M | $33.93M | $32.29M | $31.89M | $26.59M | $32.55M | $31.64M | $26.59M | $27.35M |
| Operating Income | $56.53M | $40.54M | $56.21M | ($155.94M) | $47.21M | $57.74M | $51.66M | $61.43M | $52.24M | $51.71M |
| Interest Expense | $9.54M | $9.74M | $9.55M | $9.51M | $9.61M | $10.41M | $10.75M | $11.92M | $12.76M | $13.33M |
| Income Tax | $10.98M | $3.22M | $12.60M | ($16.11M) | $7.55M | $12.74M | $7.14M | $10.88M | $20.55M | $10.80M |
| Net Income | $34.57M | $27.43M | $33.64M | ($149.81M) | $31.53M | $34.52M | $32.90M | $38.55M | $18.88M | $27.14M |
| EPS - Basic | $1.21 | $0.96 | $1.15 | ($5.13) | $1.08 | $1.19 | $1.12 | $1.32 | $0.65 | $0.94 |
| EPS - Diluted | $1.19 | $0.95 | $1.13 | ($5.13) | $1.07 | $1.17 | $1.11 | $1.30 | $0.64 | $0.92 |
Balance Sheet
| Line item | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 | Q2 '20 | Q1 '20 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $237.69M | $200.02M | $185.98M | $324.84M | $278.89M | $257.35M | $340.70M | $194.33M | $188.50M | $192.26M |
| Accounts Receivable | $169.34M | $166.96M | $150.10M | $146.24M | $139.84M | $134.02M | $151.96M | $144.74M | $146.11M | $131.88M |
| Inventory | $184.73M | $174.44M | $173.46M | $161.77M | $157.35M | $159.13M | $157.87M | $156.14M | $145.28M | $147.32M |
| Accounts Payable | $55.54M | $59.48M | $52.75M | $53.19M | $49.27M | $49.25M | $58.80M | $49.48M | $54.53M | $47.33M |
| Current Assets | $627.22M | $573.81M | $534.98M | $662.93M | $603.92M | $577.07M | $676.30M | $526.84M | $508.56M | $502.01M |
| Total Assets | $2.20B | $2.16B | $2.15B | $2.23B | $2.39B | $2.38B | $2.46B | $2.32B | $2.26B | $2.34B |
| Current Liabilities | $198.93M | $194.05M | $205.86M | $187.35M | $158.79M | $181.35M | $328.84M | $158.16M | $171.46M | $147.56M |
| Long-term Debt | $899.15M | $901.09M | $903.03M | $906.90M | $908.83M | $910.76M | $914.62M | $926.54M | $928.46M | $987.28M |
| Total Liabilities | $1.26B | $1.26B | $1.27B | $1.27B | $1.28B | $1.30B | $1.45B | $1.29B | $1.28B | $1.31B |
| Stockholders' Equity | $944.08M | $902.82M | $878.94M | $958.83M | $1.11B | $1.07B | $1.01B | $1.03B | $980.38M | $1.03B |
| Retained Earnings | $467.51M | $446.19M | $431.97M | $408.98M | $572.44M | $553.72M | $508.13M | $488.19M | $461.50M | $487.47M |
Cash Flow
| Line item | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 | Q2 '20 | Q1 '20 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $45.23M | - | - | $54.04M | - | - | $48.12M | - | - |
| Investing Cash Flow | - | ($13.19M) | - | - | ($11.59M) | - | - | ($25.47M) | - | - |
| Financing Cash Flow | - | ($17.00M) | - | - | ($25.36M) | - | - | ($19.26M) | - | - |
| CapEx | $9.94M | $13.19M | $8.40M | $9.71M | $11.94M | $13.43M | $37.98M | $26.01M | - | - |
| Free Cash Flow | - | $32.04M | - | - | $42.10M | - | - | $22.11M | - | - |
Ratios
| Metric | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 | Q2 '20 | Q1 '20 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 39.6% | 39.7% | 41.7% | 42.6% | 42.7% | 44.3% | 42.6% | 45.4% | 42.4% | 80.3% |
| Operating margin | 17.4% | 12.8% | 18.2% | -53.7% | 16.4% | 21.0% | 18.2% | 21.7% | 19.2% | 36.2% |
| EBITDA margin | 27.5% | 23.1% | 29.1% | -42.6% | 27.5% | 30.7% | 29.6% | 32.9% | 29.0% | 55.3% |
| Net margin | 10.7% | 8.7% | 10.9% | -51.6% | 11.0% | 12.6% | 11.6% | 13.6% | 6.9% | 19.0% |
| Free cash flow margin | - | 10.1% | - | - | 14.6% | - | - | 7.8% | - | - |
| FCF / Net income | - | 1.17 | - | - | 1.34 | - | - | 0.57 | - | - |
| R&D / Revenue | 3.8% | 4.2% | 4.4% | 4.4% | 4.3% | 4.4% | 4.7% | 4.5% | 4.5% | 8.9% |
| SG&A / Revenue | 14.5% | 17.8% | 18.2% | 20.1% | 19.4% | 18.9% | 19.8% | 19.2% | 9.5% | 35.2% |
| Effective tax rate | 24.1% | 10.5% | 27.2% | - | 19.3% | 27.0% | 17.8% | 22.0% | 52.1% | 28.5% |
| Return on assets | 1.6% | 1.3% | 1.6% | -6.7% | 1.3% | 1.5% | 1.3% | 1.7% | 0.8% | 1.2% |
| Return on equity | 3.7% | 3.0% | 3.8% | -15.6% | 2.8% | 3.2% | 3.3% | 3.7% | 1.9% | 2.6% |
| Return on invested capital | 2.3% | 2.0% | 2.3% | -6.6% | 1.9% | 2.1% | 2.2% | 2.4% | 1.4% | 1.8% |
| Liquidity | ||||||||||
| Current ratio | 3.15 | 2.96 | 2.60 | 3.54 | 3.80 | 3.18 | 2.06 | 3.33 | 2.97 | 3.40 |
| Quick ratio | 2.22 | 2.06 | 1.76 | 2.67 | 2.81 | 2.30 | 1.58 | 2.34 | 2.12 | 2.40 |
| Cash ratio | 1.19 | 1.03 | 0.90 | 1.73 | 1.76 | 1.42 | 1.04 | 1.23 | 1.10 | 1.30 |
| Leverage | ||||||||||
| Debt / Equity | 0.95 | 1.00 | 1.03 | 0.95 | 0.82 | 0.85 | 0.91 | 0.90 | 0.95 | 0.96 |
| Debt / Assets | 0.41 | 0.42 | 0.42 | 0.41 | 0.38 | 0.38 | 0.37 | 0.40 | 0.41 | 0.42 |
| Debt / EBITDA | 10.07 | 12.30 | 10.02 | - | 11.49 | 10.80 | 10.86 | 9.95 | 11.78 | 12.49 |
| Interest coverage | 5.9x | 4.2x | 5.9x | -16.4x | 4.9x | 5.5x | 4.8x | 5.2x | 4.1x | 3.9x |
| Equity multiplier | 2.33 | 2.39 | 2.45 | 2.32 | 2.16 | 2.21 | 2.44 | 2.25 | 2.31 | 2.28 |
| Liabilities / Assets | 0.57 | 0.58 | 0.59 | 0.57 | 0.54 | 0.55 | 0.59 | 0.56 | 0.57 | 0.56 |
| Efficiency | ||||||||||
| Asset turnover | 0.15 | 0.15 | 0.14 | 0.13 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.06 |
| Inventory turnover | 1.06 | 1.10 | 1.04 | 1.03 | 1.05 | 0.96 | 1.03 | 0.99 | 1.08 | 1.02 |
| Days sales outstanding | 191d | 192d | 177d | 184d | 177d | 178d | 195d | 187d | 196d | 337d |
| Days inventory outstanding | 344d | 333d | 351d | 354d | 348d | 380d | 353d | 369d | 339d | 357d |
| Days payable outstanding | 103d | 114d | 107d | 116d | 109d | 118d | 132d | 117d | 127d | 115d |
| Cash conversion cycle | 431d | 412d | 421d | 421d | 416d | 440d | 417d | 439d | 408d | 579d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 11.6% | 10.1% | 12.7% | 2.2% | 1.7% | 1.0% | 98.8% | 102.3% | - | - |
| Revenue CAGR (3y) | 31.4% | 31.3% | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 3.6% | 2.4% | 6.1% | 2.2% | -4.5% | 5.5% | 5.5% | 29.5% | 43.0% | 53.0% |
| Operating income growth (YoY) | - | -14.1% | -2.7% | - | -23.2% | 10.5% | -0.1% | 154.2% | 24.6% | 39.4% |
| Net income growth (YoY) | - | -13.0% | -2.6% | - | -18.2% | 82.9% | 21.2% | 186.8% | -46.3% | -8.7% |
| EPS growth (YoY) | - | -11.2% | -3.4% | - | -17.7% | 82.8% | 20.7% | 170.8% | -52.2% | -19.3% |
| EPS CAGR (3y) | 9.0% | 25.6% | -5.5% | - | - | 15.0% | 16.1% | 13.9% | -5.6% | 35.5% |
| EPS CAGR (5y) | 10.9% | 1.5% | 8.3% | - | 18.4% | 24.6% | 15.1% | 10.2% | 3.8% | 18.1% |
| FCF growth (YoY) | - | -23.9% | - | - | 90.4% | - | - | 277.7% | - | - |
| FCF CAGR (5y) | - | 9.7% | - | - | 82.2% | - | - | - | - | - |
| Book value growth (YoY) | -1.5% | -18.6% | -18.2% | -5.0% | 7.6% | 9.6% | -1.6% | 2.2% | 47.1% | 61.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-09-30.
Business segments
$1.20B totalElectronic Materials$984.71M · 82.1%
Performance Materials$215.12M · 17.9%
Product / service
$1.20B totalCMPSlurries$546.96M · 45.6%
Electronic Chemicals$330.76M · 27.6%
Pipeline$106.81M · 8.9%
CMPPads$95.33M · 7.9%
Wood Treatment$73.19M · 6.1%
QEDAnd Other$35.12M · 2.9%
Materials Technologies$11.66M · 1.0%
Geographic
$1.64B totalAsia$631.90M · 38.5%
US$405.43M · 24.7%
Europe Middle East And Africa$161.86M · 9.9%
CN$157.88M · 9.6%
KP$143.74M · 8.8%
TW$138.85M · 8.5%
South America$640.0K · 0.0%
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing CMC Materials against the 5 most active filers in the same SIC group.