DSKE · Daseke, 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 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $402.30M | $407.30M | $399.80M | - | $462.80M | $481.30M | $421.00M | - | $424.60M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $20.40M | $16.20M | $18.80M | - | $17.60M | $17.10M | $16.90M | - | $17.00M |
| Total Operating Expenses | - | $382.30M | $386.20M | $387.90M | - | $430.60M | $448.50M | $402.80M | - | $384.20M |
| D&A | - | $28.30M | $25.90M | $25.10M | - | $23.90M | $22.70M | $21.60M | - | $22.30M |
| Operating Income | - | $20.00M | $21.10M | $11.90M | - | $32.20M | $32.80M | $18.20M | - | $40.40M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | $4.60M | $3.80M | $400.0K | - | $9.90M | $7.70M | $3.40M | - | $8.70M |
| Net Income | - | $3.20M | $5.70M | $500.0K | - | $12.60M | $17.70M | $13.00M | - | $20.90M |
| EPS - Basic | - | $0.02 | $0.07 | ($0.05) | - | $0.18 | $0.26 | $0.19 | - | $0.31 |
| EPS - Diluted | - | $0.02 | $0.07 | ($0.05) | - | $0.17 | $0.24 | $0.18 | - | $0.30 |
Balance Sheet
| Line item | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $76.60M | $77.20M | $93.70M | $161.30M | $153.40M | $188.30M | $152.00M | $153.50M | $147.50M | $143.60M |
| Accounts Receivable | $157.80M | $185.60M | $180.10M | $175.30M | $179.00M | $208.40M | $221.40M | $202.20M | $172.30M | $189.10M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $13.60M | $19.20M | $14.10M | $18.30M | $14.70M | $18.10M | $17.90M | $20.20M | $14.70M | $16.10M |
| Current Assets | $281.70M | $311.90M | $320.30M | $379.90M | $378.20M | $433.20M | $412.00M | $385.40M | $350.10M | $367.80M |
| Total Assets | $1.14B | $1.19B | $1.17B | $1.20B | $1.20B | $1.22B | $1.17B | $1.13B | $1.09B | $1.11B |
| Current Liabilities | $250.60M | $276.70M | $264.00M | $248.20M | $243.80M | $258.40M | $243.20M | $234.60M | $212.20M | $224.50M |
| Long-term Debt | $563.50M | $558.20M | $557.30M | $581.80M | $582.30M | $562.60M | $536.90M | $524.30M | $531.40M | $536.20M |
| Total Liabilities | $984.70M | $1.01B | $991.80M | $1.00B | $1.00B | $991.20M | $950.90M | $929.40M | $911.40M | $941.20M |
| Stockholders' Equity | $151.40M | $179.30M | $176.50M | $193.40M | $193.00M | $231.60M | $218.70M | $200.20M | $176.00M | $168.50M |
| Retained Earnings | ($259.30M) | ($230.20M) | ($231.30M) | ($234.50M) | ($232.30M) | ($237.20M) | ($248.50M) | ($265.00M) | ($276.80M) | ($282.60M) |
Cash Flow
| Line item | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | $31.00M | - | - | - | $29.20M | - | - |
| Investing Cash Flow | - | - | - | $2.70M | - | - | - | ($16.60M) | - | - |
| Financing Cash Flow | - | - | - | ($25.80M) | - | - | - | ($6.30M) | - | - |
| CapEx | - | - | - | $9.30M | - | $60.60M | $50.40M | $8.80M | - | $42.00M |
| Free Cash Flow | - | - | - | $21.70M | - | - | - | $20.40M | - | - |
Ratios
| Metric | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | 5.0% | 5.2% | 3.0% | - | 7.0% | 6.8% | 4.3% | - | 9.5% |
| EBITDA margin | - | 12.0% | 11.5% | 9.3% | - | 12.1% | 11.5% | 9.5% | - | 14.8% |
| Net margin | - | 0.8% | 1.4% | 0.1% | - | 2.7% | 3.7% | 3.1% | - | 4.9% |
| Free cash flow margin | - | - | - | 5.4% | - | - | - | 4.8% | - | - |
| FCF / Net income | - | - | - | 43.40 | - | - | - | 1.57 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | 5.1% | 4.0% | 4.7% | - | 3.8% | 3.6% | 4.0% | - | 4.0% |
| Effective tax rate | - | 59.0% | 40.0% | 44.4% | - | 44.0% | 30.3% | 20.7% | - | 29.4% |
| Return on assets | - | 0.3% | 0.5% | 0.0% | - | 1.0% | 1.5% | 1.2% | - | 1.9% |
| Return on equity | - | 1.8% | 3.2% | 0.3% | - | 5.4% | 8.1% | 6.5% | - | 12.4% |
| Return on invested capital | - | 1.4% | 1.7% | 0.9% | - | 2.3% | 3.0% | 2.0% | - | 4.0% |
| Liquidity | ||||||||||
| Current ratio | 1.12 | 1.13 | 1.21 | 1.53 | 1.55 | 1.68 | 1.69 | 1.64 | 1.65 | 1.64 |
| Quick ratio | 1.12 | 1.13 | 1.21 | 1.53 | 1.55 | 1.68 | 1.69 | 1.64 | 1.65 | 1.64 |
| Cash ratio | 0.31 | 0.28 | 0.35 | 0.65 | 0.63 | 0.73 | 0.63 | 0.65 | 0.70 | 0.64 |
| Leverage | ||||||||||
| Debt / Equity | 3.72 | 3.11 | 3.16 | 3.01 | 3.02 | 2.43 | 2.45 | 2.62 | 3.02 | 3.18 |
| Debt / Assets | 0.50 | 0.47 | 0.48 | 0.49 | 0.49 | 0.46 | 0.46 | 0.46 | 0.49 | 0.48 |
| Debt / EBITDA | - | 11.56 | 11.86 | 15.72 | - | 10.03 | 9.67 | 13.17 | - | 8.55 |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 7.50 | 6.62 | 6.62 | 6.19 | 6.19 | 5.28 | 5.35 | 5.64 | 6.18 | 6.59 |
| Liabilities / Assets | 0.87 | 0.85 | 0.85 | 0.84 | 0.84 | 0.81 | 0.81 | 0.82 | 0.84 | 0.85 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.34 | 0.35 | 0.33 | - | 0.38 | 0.41 | 0.37 | - | 0.38 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | 168d | 161d | 160d | - | 164d | 168d | 175d | - | 163d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | -13.1% | -15.4% | -5.0% | - | 9.0% | 19.1% | 26.1% | - | 13.0% |
| Revenue CAGR (3y) | - | 2.3% | 5.0% | 0.7% | - | 0.9% | 2.2% | -0.9% | - | 22.4% |
| Revenue CAGR (5y) | - | 11.7% | 1.6% | 4.1% | - | 21.6% | 19.5% | 21.8% | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | -37.9% | -35.7% | -34.6% | - | -20.3% | -27.6% | 124.7% | - | 43.8% |
| Net income growth (YoY) | - | -74.6% | -67.8% | -96.2% | - | -39.7% | -49.9% | - | - | 33.1% |
| EPS growth (YoY) | - | -88.2% | -70.8% | - | - | -43.3% | -51.0% | - | - | 36.4% |
| EPS CAGR (3y) | - | -55.0% | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | 6.4% | - | - | - | -16.0% | - | - |
| FCF CAGR (5y) | - | - | - | 26.8% | - | - | - | 102.2% | - | - |
| Book value growth (YoY) | -21.6% | -22.6% | -19.3% | -3.4% | 9.7% | 37.4% | 38.4% | 52.0% | 21.3% | 23.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Business segments
$1.57B totalSpecialized Solutions$924.50M · 58.9%
Flatbed Solutions$644.90M · 41.1%
Product / service
$1.57B totalCargo And Freight$654.90M · 41.7%
Owner Operator Freight$422.30M · 26.9%
Brokerage$242.10M · 15.4%
Fuel$190.20M · 12.1%
Logistics$59.90M · 3.8%
Peer comparison
Same SIC group: Transportation Services
Comparing Daseke against the 5 most active filers in the same SIC group.