DSEY · Diversey Holdings, Ltd. - 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 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $696.00M | - | $689.00M | $715.30M | $660.00M | - | $664.90M | $625.80M | $654.90M | - |
| Cost of Revenue | $476.40M | - | $447.30M | $478.30M | $423.90M | - | $410.90M | $384.50M | $373.60M | - |
| Gross Profit | $219.60M | - | $241.70M | $237.00M | $236.10M | - | $261.00M | $260.30M | $281.30M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $219.10M | - | $191.30M | $209.70M | $213.70M | - | $193.20M | $179.80M | $214.10M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $43.40M | - | $5.80M | $6.80M | $47.40M | - | $6.10M | $5.40M | $48.40M | - |
| Operating Income | ($29.90M) | - | ($23.00M) | ($23.00M) | ($16.10M) | - | $16.30M | $23.00M | $34.30M | - |
| Interest Expense | $28.20M | - | $25.70M | $27.00M | $30.30M | - | $25.80M | $30.80M | $31.60M | - |
| Income Tax | $9.30M | - | $1.10M | $500.0K | $1.90M | - | $19.20M | $5.60M | $11.20M | - |
| Net Income | ($53.60M) | - | ($36.50M) | ($34.20M) | ($39.10M) | - | $13.00M | ($1.30M) | $3.90M | - |
| EPS - Basic | ($0.17) | - | ($0.11) | ($0.11) | ($0.12) | - | ($0.14) | $0.07 | $0.02 | - |
| EPS - Diluted | ($0.17) | - | ($0.11) | ($0.11) | ($0.12) | - | ($0.14) | $0.07 | $0.02 | - |
Balance Sheet
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $125.70M | $205.60M | $249.10M | $248.20M | $216.20M | $207.60M | $68.80M | $70.70M | $192.90M | $90.50M |
| Accounts Receivable | $434.60M | $457.40M | $416.40M | $416.20M | $410.20M | $414.30M | $403.90M | $372.80M | $332.80M | - |
| Inventory | $405.50M | $354.60M | $368.70M | $369.70M | $378.20M | $337.60M | $327.50M | $331.20M | $317.50M | - |
| Accounts Payable | $547.10M | $552.60M | $479.20M | $516.30M | $500.50M | $434.30M | $396.80M | $426.70M | $404.60M | - |
| Current Assets | $1.16B | $1.21B | $1.22B | $1.20B | $1.15B | $1.09B | $915.60M | $921.10M | $950.30M | - |
| Total Assets | $4.21B | $4.25B | $4.14B | $4.29B | $4.35B | $4.30B | $4.10B | $4.15B | $4.29B | - |
| Current Liabilities | $998.50M | $996.00M | $905.20M | $933.90M | $927.10M | $857.10M | $832.70M | $855.30M | $886.10M | - |
| Long-term Debt | $1.97B | $1.97B | $1.97B | $1.97B | $1.97B | $1.97B | $1.97B | $1.94B | $2.69B | - |
| Total Liabilities | $3.58B | $3.58B | $3.48B | $3.56B | $3.58B | $3.51B | $3.53B | $3.53B | $4.79B | - |
| Stockholders' Equity | $628.80M | $673.00M | $666.10M | $730.30M | $775.00M | $785.60M | $568.90M | $624.20M | ($508.60M) | ($356.90M) |
| Retained Earnings | ($943.00M) | ($889.40M) | ($829.90M) | ($793.40M) | ($759.20M) | ($720.10M) | ($684.40M) | ($642.30M) | ($641.00M) | - |
Cash Flow
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($42.40M) | - | - | - | $45.90M | - | - | - | ($56.20M) | - |
| Investing Cash Flow | ($30.00M) | - | - | - | ($68.70M) | - | - | - | ($3.90M) | - |
| Financing Cash Flow | ($7.70M) | - | - | - | $33.80M | - | - | - | $24.80M | - |
| CapEx | $6.10M | - | - | - | $10.00M | - | - | - | $7.30M | - |
| Free Cash Flow | ($48.50M) | - | - | - | $35.90M | - | - | - | ($63.50M) | - |
Ratios
| Metric | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 31.6% | - | 35.1% | 33.1% | 35.8% | - | 39.3% | 41.6% | 43.0% | - |
| Operating margin | -4.3% | - | -3.3% | -3.2% | -2.4% | - | 2.5% | 3.7% | 5.2% | - |
| EBITDA margin | 1.9% | - | -2.5% | -2.3% | 4.7% | - | 3.4% | 4.5% | 12.6% | - |
| Net margin | -7.7% | - | -5.3% | -4.8% | -5.9% | - | 2.0% | -0.2% | 0.6% | - |
| Free cash flow margin | -7.0% | - | - | - | 5.4% | - | - | - | -9.7% | - |
| FCF / Net income | 0.90 | - | - | - | -0.92 | - | - | - | -16.28 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 31.5% | - | 27.8% | 29.3% | 32.4% | - | 29.1% | 28.7% | 32.7% | - |
| Effective tax rate | - | - | - | - | - | - | 59.6% | 130.2% | 74.2% | - |
| Return on assets | -1.3% | - | -0.9% | -0.8% | -0.9% | - | 0.3% | -0.0% | 0.1% | - |
| Return on equity | -8.5% | - | -5.5% | -4.7% | -5.0% | - | 2.3% | -0.2% | -0.8% | - |
| Return on invested capital | -0.9% | - | -0.7% | -0.7% | -0.5% | - | 0.3% | 0.4% | 0.8% | - |
| Liquidity | ||||||||||
| Current ratio | 1.16 | 1.21 | 1.35 | 1.29 | 1.24 | 1.27 | 1.10 | 1.08 | 1.07 | - |
| Quick ratio | 0.75 | 0.85 | 0.94 | 0.89 | 0.84 | 0.88 | 0.71 | 0.69 | 0.71 | - |
| Cash ratio | 0.13 | 0.21 | 0.28 | 0.27 | 0.23 | 0.24 | 0.08 | 0.08 | 0.22 | - |
| Leverage | ||||||||||
| Debt / Equity | 3.13 | 2.93 | 2.96 | 2.70 | 2.54 | 2.51 | 3.46 | 3.10 | -5.28 | - |
| Debt / Assets | 0.47 | 0.46 | 0.48 | 0.46 | 0.45 | 0.46 | 0.48 | 0.47 | 0.63 | - |
| Debt / EBITDA | 145.61 | - | - | - | 62.96 | - | 87.79 | 68.15 | 32.49 | - |
| Interest coverage | -1.1x | - | -0.9x | -0.9x | -0.5x | - | 0.6x | 0.7x | 1.1x | - |
| Equity multiplier | 6.70 | 6.32 | 6.22 | 5.87 | 5.61 | 5.47 | 7.20 | 6.66 | -8.43 | - |
| Liabilities / Assets | 0.85 | 0.84 | 0.84 | 0.83 | 0.82 | 0.82 | 0.86 | 0.85 | 1.12 | - |
| Efficiency | ||||||||||
| Asset turnover | 0.17 | - | 0.17 | 0.17 | 0.15 | - | 0.16 | 0.15 | 0.15 | - |
| Inventory turnover | 1.17 | - | 1.21 | 1.29 | 1.12 | - | 1.25 | 1.16 | 1.18 | - |
| Days sales outstanding | 228d | - | 221d | 212d | 227d | - | 222d | 217d | 185d | - |
| Days inventory outstanding | 311d | - | 301d | 282d | 326d | - | 291d | 314d | 310d | - |
| Days payable outstanding | 419d | - | 391d | 394d | 431d | - | 352d | 405d | 395d | - |
| Cash conversion cycle | 119d | - | 130d | 101d | 122d | - | 160d | 127d | 100d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 5.5% | - | 3.6% | 14.3% | 0.8% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -7.0% | - | -7.4% | -9.0% | -16.1% | - | - | - | - | - |
| Operating income growth (YoY) | -85.7% | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | -37.1% | - | - | -2530.8% | - | - | - | - | - | - |
| EPS growth (YoY) | -41.7% | - | 21.4% | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -18.9% | -14.3% | 17.1% | 17.0% | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$2.62B totalInstitutional Segment$1.92B · 73.3%
Food And Beverage Segment$700.50M · 26.7%
Geographic
$3.12B totalEurope$1.16B · 37.1%
North America$708.70M · 22.7%
US$503.50M · 16.1%
Asia Pacific$338.30M · 10.8%
Middle East And Africa$231.10M · 7.4%
Latin America$183.50M · 5.9%
Peer comparison
Same SIC group: Specialty Cleaning, Polishing and Sanitation Preparations
Comparing Diversey Holdings against the 4 most active filers in the same SIC group.