CIR · Circor International 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.

Annual Quarterly

Income Statement

Line item	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Revenue	$786.92M	$758.67M	$773.27M	$1.01B	$1.18B	$661.71M
Cost of Revenue	$529.83M	$528.29M	$530.84M	$655.50M	$834.17M	$460.89M
Gross Profit	$257.09M	$230.38M	$242.43M	$308.81M	$341.65M	$200.82M
R&D	$7.70M	$7.60M	$8.40M	$7.60M	$8.80M	$5.50M
SG&A	$213.29M	$224.93M	$220.99M	$248.26M	$308.43M	$166.20M
Total Operating Expenses	-	-	-	-	-	-
D&A	$56.05M	$65.16M	$64.05M	$69.64M	$78.11M	$30.04M
Operating Income	$62.81M	($29.32M)	($60.45M)	$37.68M	$9.38M	$20.57M
Interest Expense	$3.60M	$3.90M	$52.98M	$10.84M	$3.90M	$400.0K
Income Tax	$4.28M	$5.18M	$56.22M	$14.68M	$3.29M	($5.68M)
Net Income	$19.39M	($61.64M)	($185.50M)	($133.94M)	($39.38M)	$11.79M
EPS - Basic	$0.95	($3.05)	($9.28)	($6.73)	($1.99)	$0.71
EPS - Diluted	$0.95	($3.05)	($9.28)	($6.73)	($1.99)	$0.70

Balance Sheet

Line item	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Cash & Equivalents	$64.28M	$59.92M	$76.45M	$84.53M	$68.52M	$110.36M
Accounts Receivable	$109.75M	$100.15M	$102.73M	$125.42M	$183.55M	$223.92M
Inventory	$139.79M	$123.34M	$129.08M	$137.31M	$217.38M	$244.90M
Accounts Payable	$78.78M	$83.38M	$61.24M	$79.40M	$123.88M	$117.33M
Current Assets	$431.58M	$394.17M	$406.56M	$575.12M	$648.05M	$638.39M
Total Assets	$1.01B	$1.02B	$1.13B	$1.47B	$1.79B	$1.91B
Current Liabilities	$194.10M	$193.54M	$165.19M	$236.38M	$284.06M	$322.52M
Long-term Debt	$496.53M	$511.69M	$507.89M	$636.30M	$778.19M	$787.34M
Total Liabilities	-	-	-	-	-	-
Stockholders' Equity	$159.05M	$133.72M	$206.04M	$391.41M	$528.99M	$601.97M
Retained Earnings	($178.69M)	($198.08M)	($86.46M)	$99.28M	$232.10M	$274.24M

Cash Flow

Line item	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Operating Cash Flow	($821.0K)	$10.45M	($22.72M)	$15.91M	$53.99M	$9.64M
Investing Cash Flow	$37.55M	($2.71M)	$144.29M	$153.04M	($16.88M)	($502.12M)
Financing Cash Flow	($26.47M)	($11.53M)	($133.80M)	($152.94M)	($74.07M)	$535.57M
CapEx	$21.99M	$14.75M	$12.22M	$13.86M	$23.59M	$14.54M
Free Cash Flow	($22.81M)	($4.30M)	($34.95M)	$2.06M	$30.41M	($4.90M)

Ratios

Metric	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Profitability
Gross margin	32.7%	30.4%	31.4%	30.5%	29.1%	30.3%
Operating margin	8.0%	-3.9%	-7.8%	3.7%	0.8%	3.1%
EBITDA margin	15.1%	4.7%	0.5%	10.6%	7.4%	7.6%
Net margin	2.5%	-8.1%	-24.0%	-13.2%	-3.3%	1.8%
Free cash flow margin	-2.9%	-0.6%	-4.5%	0.2%	2.6%	-0.7%
FCF / Net income	-1.18	0.07	0.19	-0.02	-0.77	-0.42
R&D / Revenue	1.0%	1.0%	1.1%	0.7%	0.7%	0.8%
SG&A / Revenue	27.1%	29.6%	28.6%	24.5%	26.2%	25.1%
Effective tax rate	18.1%	-	-	-	-	-92.9%
Return on assets	1.9%	-6.0%	-16.4%	-9.1%	-2.2%	0.6%
Return on equity	12.2%	-46.1%	-90.0%	-34.2%	-7.4%	2.0%
Return on invested capital	7.8%	-3.6%	-6.7%	2.9%	0.6%	1.5%
Liquidity
Current ratio	2.22	2.04	2.46	2.43	2.28	1.98
Quick ratio	1.50	1.40	1.68	1.85	1.52	1.22
Cash ratio	0.33	0.31	0.46	0.36	0.24	0.34
Leverage
Debt / Equity	3.12	3.83	2.46	1.63	1.47	1.31
Debt / Assets	0.49	0.50	0.45	0.43	0.43	0.41
Debt / EBITDA	4.18	14.28	141.04	5.93	8.89	15.56
Interest coverage	17.4x	-7.5x	-1.1x	3.5x	2.4x	51.4x
Equity multiplier	6.37	7.62	5.49	3.76	3.39	3.17
Liabilities / Assets	-	-	-	-	-	-
Efficiency
Asset turnover	0.78	0.74	0.68	0.69	0.66	0.35
Inventory turnover	3.79	4.28	4.11	4.77	3.84	1.88
Days sales outstanding	51d	48d	48d	45d	57d	124d
Days inventory outstanding	96d	85d	89d	76d	95d	194d
Days payable outstanding	54d	58d	42d	44d	54d	93d
Cash conversion cycle	93d	76d	95d	77d	98d	225d
Valuation
P / E	-	-	-	-	-	-
P / B	-	-	-	-	-	-
P / S	-	-	-	-	-	-
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	3.7%	-1.9%	-23.7%	-13.8%	77.7%	12.1%
Revenue CAGR (3y)	-8.1%	-13.6%	5.3%	19.7%	21.5%	-7.7%
Revenue CAGR (5y)	3.5%	5.1%	3.3%	3.8%	6.5%	-4.8%
Gross profit growth (YoY)	11.6%	-5.0%	-21.5%	-9.6%	70.1%	9.7%
Operating income growth (YoY)	-	51.5%	-	301.5%	-54.4%	88.4%
Net income growth (YoY)	-	66.8%	-38.5%	-240.1%	-	16.7%
EPS growth (YoY)	-	67.1%	-37.9%	-238.2%	-	14.8%
EPS CAGR (3y)	-	-	-	-	-	-37.3%
EPS CAGR (5y)	6.3%	-	-	-	-	-16.8%
FCF growth (YoY)	-430.6%	87.7%	-	-93.2%	-	-
FCF CAGR (5y)	-	-	-	-48.7%	-11.1%	-
Book value growth (YoY)	18.9%	-35.1%	-47.4%	-26.0%	-12.1%	48.9%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2020-12-31.

Business segments

$1.55B total

Energy Segment$505.45M · 32.7%

Industrial$505.45M · 32.7%

Aerospace Defense$267.82M · 17.3%

Aerospace$267.82M · 17.3%

Product / service

$773.27M total

Pumps$299.54M · 38.7%

Valves$205.91M · 26.6%

Defense$175.68M · 22.7%

Commercial Aerospaceand Other$92.14M · 11.9%

Geographic

$1.04B total

US$344.02M · 33.0%

North America$190.63M · 18.3%

Europe$87.68M · 8.4%

FR$81.33M · 7.8%

Asia Pacific$80.31M · 7.7%

EMEA$61.52M · 5.9%

Other Countries$44.53M · 4.3%

SA$36.62M · 3.5%

DE$34.08M · 3.3%

NO$27.04M · 2.6%

CA$18.42M · 1.8%

Geographical Other$15.68M · 1.5%

CN$12.79M · 1.2%

GB$6.47M · 0.6%

Stability scores

Piotroski F-score

FY 2022 · 9-point quality

6/9

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: Miscellaneous Fabricated Metal Products

Company	Revenue (last FY)	Net margin	ROE
PH	$19.85B	17.8%	25.8%
HLIO	$839.00M	5.8%	5.2%
MWA	$1.43B	13.4%	19.5%
WTS	$2.44B	14.0%	16.8%
CXT	$1.66B	8.8%	11.6%

Comparing CIRCOR INTERNATIONAL INC against the 5 most active filers in the same SIC group.