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.
Income Statement
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q1 '22 | Q4 '21 | Q3 '561 | Q2 '561 | Q1 '561 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $208.81M | $203.10M | - | $195.36M | $185.66M | - | $190.78M | $190.35M | $180.66M | - |
| Cost of Revenue | $140.22M | $129.03M | - | $128.12M | $130.37M | - | $130.03M | $130.46M | $124.57M | - |
| Gross Profit | $68.58M | $74.07M | - | $67.25M | $55.28M | - | $60.76M | $59.89M | $56.08M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $53.85M | $54.67M | - | $50.39M | $58.07M | - | $53.27M | $58.02M | $56.50M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $13.07M | $12.64M | - | $14.08M | $14.40M | - | $16.11M | $16.12M | $17.20M | - |
| Operating Income | $9.54M | $17.92M | - | $42.56M | ($11.79M) | - | $6.68M | ($4.94M) | $386.0K | - |
| Interest Expense | - | - | - | - | - | - | $8.00M | $7.96M | $8.37M | - |
| Income Tax | $4.29M | $3.58M | - | $1.66M | $1.52M | - | ($92.0K) | $2.96M | $400.0K | - |
| Net Income | ($8.57M) | ($407.0K) | - | $31.47M | ($21.48M) | - | $1.15M | ($15.56M) | ($7.12M) | - |
| EPS - Basic | - | - | - | $1.55 | ($1.06) | - | $0.06 | ($0.77) | ($0.35) | - |
| EPS - Diluted | - | - | - | $1.54 | ($1.06) | - | $0.06 | ($0.77) | ($0.35) | - |
Balance Sheet
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q1 '22 | Q4 '21 | Q3 '561 | Q2 '561 | Q1 '561 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $58.64M | $52.08M | $64.28M | $47.13M | $55.24M | $59.92M | $71.97M | $72.18M | $75.68M | $76.45M |
| Accounts Receivable | $112.76M | $111.56M | $109.75M | $95.41M | $93.53M | $100.15M | $93.22M | $96.59M | $105.61M | $102.73M |
| Inventory | $166.96M | $156.97M | $139.79M | $137.41M | $134.25M | $123.34M | $132.24M | $136.01M | $135.29M | $129.08M |
| Accounts Payable | $76.87M | $80.22M | $78.78M | $71.60M | $83.15M | $83.38M | $72.88M | $68.22M | $67.13M | $61.24M |
| Current Assets | $462.73M | $440.73M | $431.58M | $405.36M | $402.54M | $394.17M | $416.22M | $414.47M | $420.21M | $406.56M |
| Total Assets | $1.03B | $1.02B | $1.01B | $979.98M | $989.42M | $1.02B | $1.09B | $1.10B | $1.12B | $1.13B |
| Current Liabilities | $202.26M | $192.02M | $194.10M | $176.92M | $189.86M | $193.54M | $179.69M | $170.24M | $165.52M | $165.19M |
| Long-term Debt | $510.85M | $500.04M | $496.53M | $501.75M | $521.00M | $511.69M | $507.09M | $512.38M | $525.57M | $507.89M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $153.05M | $161.24M | $159.05M | $122.08M | $103.66M | $133.72M | $184.54M | $183.04M | $196.11M | $206.04M |
| Retained Earnings | ($187.67M) | ($179.10M) | ($178.69M) | ($184.13M) | ($215.60M) | ($198.08M) | ($108.00M) | ($109.14M) | ($93.58M) | ($86.46M) |
Cash Flow
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q1 '22 | Q4 '21 | Q3 '561 | Q2 '561 | Q1 '561 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($13.93M) | - | - | ($15.92M) | - | - | - | ($17.70M) | - |
| Investing Cash Flow | - | ($1.54M) | - | - | ($2.67M) | - | - | - | $4.61M | - |
| Financing Cash Flow | - | $2.23M | - | - | $20.55M | - | - | - | $13.88M | - |
| CapEx | - | $5.04M | - | - | $3.61M | - | - | - | $3.39M | - |
| Free Cash Flow | - | ($18.97M) | - | - | ($19.53M) | - | - | - | ($21.10M) | - |
Ratios
| Metric | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q1 '22 | Q4 '21 | Q3 '561 | Q2 '561 | Q1 '561 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 32.8% | 36.5% | - | 34.4% | 29.8% | - | 31.8% | 31.5% | 31.0% | - |
| Operating margin | 4.6% | 8.8% | - | 21.8% | -6.3% | - | 3.5% | -2.6% | 0.2% | - |
| EBITDA margin | 10.8% | 15.0% | - | 29.0% | 1.4% | - | 11.9% | 5.9% | 9.7% | - |
| Net margin | -4.1% | -0.2% | - | 16.1% | -11.6% | - | 0.6% | -8.2% | -3.9% | - |
| Free cash flow margin | - | -9.3% | - | - | -10.5% | - | - | - | -11.7% | - |
| FCF / Net income | - | 46.61 | - | - | 0.91 | - | - | - | 2.96 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 25.8% | 26.9% | - | 25.8% | 31.3% | - | 27.9% | 30.5% | 31.3% | - |
| Effective tax rate | - | 112.8% | - | 5.0% | - | - | -8.7% | - | - | - |
| Return on assets | -0.8% | -0.0% | - | 3.2% | -2.2% | - | 0.1% | -1.4% | -0.6% | - |
| Return on equity | -5.6% | -0.3% | - | 25.8% | -20.7% | - | 0.6% | -8.5% | -3.6% | - |
| Return on invested capital | 1.1% | 1.4% | - | 6.5% | -1.5% | - | 1.0% | -0.6% | 0.0% | - |
| Liquidity | ||||||||||
| Current ratio | 2.29 | 2.30 | 2.22 | 2.29 | 2.12 | 2.04 | 2.32 | 2.43 | 2.54 | 2.46 |
| Quick ratio | 1.46 | 1.48 | 1.50 | 1.51 | 1.41 | 1.40 | 1.58 | 1.64 | 1.72 | 1.68 |
| Cash ratio | 0.29 | 0.27 | 0.33 | 0.27 | 0.29 | 0.31 | 0.40 | 0.42 | 0.46 | 0.46 |
| Leverage | ||||||||||
| Debt / Equity | 3.34 | 3.10 | 3.12 | 4.11 | 5.03 | 3.83 | 2.75 | 2.80 | 2.68 | 2.46 |
| Debt / Assets | 0.50 | 0.49 | 0.49 | 0.51 | 0.53 | 0.50 | 0.47 | 0.46 | 0.47 | 0.45 |
| Debt / EBITDA | 22.59 | 16.37 | - | 8.86 | 199.77 | - | 22.25 | 45.84 | 29.88 | - |
| Interest coverage | - | - | - | - | - | - | 0.8x | -0.6x | 0.0x | - |
| Equity multiplier | 6.71 | 6.30 | 6.37 | 8.03 | 9.54 | 7.62 | 5.91 | 6.02 | 5.73 | 5.49 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.20 | 0.20 | - | 0.20 | 0.19 | - | 0.17 | 0.17 | 0.16 | - |
| Inventory turnover | 0.84 | 0.82 | - | 0.93 | 0.97 | - | 0.98 | 0.96 | 0.92 | - |
| Days sales outstanding | 197d | 200d | - | 178d | 184d | - | 178d | 185d | 213d | - |
| Days inventory outstanding | 435d | 444d | - | 391d | 376d | - | 371d | 381d | 396d | - |
| Days payable outstanding | 200d | 227d | - | 204d | 233d | - | 205d | 191d | 197d | - |
| Cash conversion cycle | 432d | 418d | - | 366d | 327d | - | 345d | 375d | 413d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | 9.4% | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | 3.9% | 1.9% | - | -7.5% | -11.8% | - | - | - | - | - |
| Revenue CAGR (5y) | -7.1% | -5.9% | - | 4.1% | 5.0% | - | - | - | - | - |
| Gross profit growth (YoY) | - | 34.0% | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | - | 98.1% | - | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | 47.6% | - | - | - | - | - | - |
| FCF growth (YoY) | - | 2.9% | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | 55.5% | 18.9% | - | - | -35.1% | - | - | - | -47.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2020-12-31.
Business segments
$1.55B totalEnergy 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 totalPumps$299.54M · 38.7%
Valves$205.91M · 26.6%
Defense$175.68M · 22.7%
Commercial Aerospaceand Other$92.14M · 11.9%
Geographic
$1.04B totalUS$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%
Peer comparison
Same SIC group: Miscellaneous Fabricated Metal Products
Comparing CIRCOR INTERNATIONAL INC against the 5 most active filers in the same SIC group.