EXTN · Exterran Corp - 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 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $221.27M | $191.75M | - | $161.30M | $146.20M | $136.16M | - | $169.51M | $171.63M | $210.36M |
| Cost of Revenue | $127.98M | $119.46M | - | $101.95M | $78.30M | $91.57M | - | - | - | - |
| Gross Profit | $93.29M | $72.28M | - | $59.35M | $67.90M | $44.59M | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $38.13M | $41.88M | - | $34.94M | $33.63M | $32.63M | - | $29.96M | $34.41M | $38.05M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $36.88M | $40.35M | - | $43.89M | $45.71M | $42.50M | - | $36.63M | $32.96M | $32.61M |
| Operating Income | $3.23M | ($23.36M) | - | ($20.80M) | ($26.22M) | ($21.54M) | - | ($10.98M) | ($27.87M) | ($8.82M) |
| Interest Expense | $11.90M | $11.05M | - | $10.48M | $10.36M | $9.96M | - | $9.62M | $9.64M | $9.95M |
| Income Tax | $11.38M | $5.77M | - | ($5.19M) | $8.84M | $7.46M | - | $5.75M | $3.90M | $9.33M |
| Net Income | ($7.66M) | ($29.64M) | - | ($16.30M) | ($35.21M) | ($29.87M) | - | ($17.72M) | ($31.89M) | ($18.30M) |
| EPS - Basic | ($0.23) | - | - | ($0.54) | ($1.07) | - | - | - | ($0.97) | ($0.56) |
| EPS - Diluted | ($0.23) | - | - | ($0.49) | ($1.07) | - | - | - | ($0.97) | ($0.56) |
Balance Sheet
| Line item | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $57.09M | $60.00M | $56.26M | $57.52M | $45.49M | $42.58M | $40.32M | $28.16M | $27.05M | $18.14M |
| Accounts Receivable | $203.35M | $165.22M | $179.84M | $179.59M | $202.90M | $188.40M | $198.03M | $183.62M | $213.86M | $196.30M |
| Inventory | $80.50M | $80.09M | $102.49M | $104.02M | $107.79M | $107.53M | $109.84M | $114.52M | $130.15M | $137.88M |
| Accounts Payable | $85.85M | $73.77M | $70.78M | $60.30M | $46.38M | $52.29M | $60.08M | $59.23M | $91.70M | $84.97M |
| Current Assets | $428.37M | $413.86M | $408.40M | $449.36M | $431.81M | $422.75M | $429.37M | $424.88M | $436.74M | $423.25M |
| Total Assets | $1.30B | $1.22B | $1.18B | $1.20B | $1.22B | $1.25B | $1.30B | $1.33B | $1.36B | $1.36B |
| Current Liabilities | $332.26M | $290.64M | $290.09M | $284.93M | $267.69M | $271.83M | $274.65M | $308.35M | $305.33M | $302.24M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.15B | $1.06B | $995.61M | $987.94M | $985.01M | $982.30M | $1.01B | $1.00B | $1.01B | $981.97M |
| Stockholders' Equity | $146.91M | $158.00M | $183.59M | $215.18M | $233.14M | $264.70M | $295.83M | $325.98M | $345.12M | $379.63M |
| Retained Earnings | ($568.54M) | ($560.88M) | ($531.24M) | ($499.92M) | ($483.62M) | ($448.40M) | ($418.53M) | ($385.15M) | ($367.43M) | ($335.54M) |
Cash Flow
| Line item | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($24.94M) | - | - | - | $3.19M | - | - | - | $8.27M |
| Investing Cash Flow | - | ($31.00M) | - | - | - | ($6.99M) | - | - | - | ($16.86M) |
| Financing Cash Flow | - | $62.73M | - | - | - | $6.89M | - | - | - | $10.55M |
| CapEx | - | $31.18M | - | - | - | $7.20M | - | - | - | $17.02M |
| Free Cash Flow | - | ($56.12M) | - | - | - | ($4.01M) | - | - | - | ($8.75M) |
Ratios
| Metric | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 42.2% | 37.7% | - | 36.8% | 46.4% | 32.7% | - | - | - | - |
| Operating margin | 1.5% | -12.2% | - | -12.9% | -17.9% | -15.8% | - | -6.5% | -16.2% | -4.2% |
| EBITDA margin | 18.1% | 8.9% | - | 14.3% | 13.3% | 15.4% | - | 15.1% | 3.0% | 11.3% |
| Net margin | -3.5% | -15.5% | - | -10.1% | -24.1% | -21.9% | - | -10.5% | -18.6% | -8.7% |
| Free cash flow margin | - | -29.3% | - | - | - | -2.9% | - | - | - | -4.2% |
| FCF / Net income | - | 1.89 | - | - | - | 0.13 | - | - | - | 0.48 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 17.2% | 21.8% | - | 21.7% | 23.0% | 24.0% | - | 17.7% | 20.0% | 18.1% |
| Effective tax rate | 306.0% | - | - | - | - | - | - | - | - | - |
| Return on assets | -0.6% | -2.4% | - | -1.4% | -2.9% | -2.4% | - | -1.3% | -2.4% | -1.3% |
| Return on equity | -5.2% | -18.8% | - | -7.6% | -15.1% | -11.3% | - | -5.4% | -9.2% | -4.8% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.29 | 1.42 | 1.41 | 1.58 | 1.61 | 1.56 | 1.56 | 1.38 | 1.43 | 1.40 |
| Quick ratio | 1.05 | 1.15 | 1.05 | 1.21 | 1.21 | 1.16 | 1.16 | 1.01 | 1.00 | 0.94 |
| Cash ratio | 0.17 | 0.21 | 0.19 | 0.20 | 0.17 | 0.16 | 0.15 | 0.09 | 0.09 | 0.06 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 0.3x | -2.1x | - | -2.0x | -2.5x | -2.2x | - | -1.1x | -2.9x | -0.9x |
| Equity multiplier | 8.82 | 7.74 | 6.42 | 5.59 | 5.22 | 4.71 | 4.41 | 4.08 | 3.93 | 3.59 |
| Liabilities / Assets | 0.89 | 0.87 | 0.84 | 0.82 | 0.81 | 0.79 | 0.77 | 0.75 | 0.75 | 0.72 |
| Efficiency | ||||||||||
| Asset turnover | 0.17 | 0.16 | - | 0.13 | 0.12 | 0.11 | - | 0.13 | 0.13 | 0.15 |
| Inventory turnover | 1.59 | 1.49 | - | 0.98 | 0.73 | 0.85 | - | - | - | - |
| Days sales outstanding | 335d | 315d | - | 406d | 507d | 505d | - | 395d | 455d | 341d |
| Days inventory outstanding | 230d | 245d | - | 372d | 502d | 429d | - | - | - | - |
| Days payable outstanding | 245d | 225d | - | 216d | 216d | 208d | - | - | - | - |
| Cash conversion cycle | 320d | 334d | - | 563d | 793d | 725d | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 51.3% | 40.8% | - | -4.8% | -14.8% | -35.3% | - | -44.0% | -56.1% | -40.1% |
| Revenue CAGR (3y) | -17.3% | -18.3% | - | -20.0% | -24.8% | -27.0% | - | -19.7% | -19.6% | -9.2% |
| Revenue CAGR (5y) | -7.7% | -7.3% | - | -6.8% | -11.0% | -15.0% | - | -17.3% | - | - |
| Gross profit growth (YoY) | 37.4% | 62.1% | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | -8.4% | - | -89.4% | 5.9% | -144.3% | - | -40.4% | -568.4% | - |
| Net income growth (YoY) | 78.2% | 0.8% | - | 8.0% | -10.4% | -63.2% | - | -80.1% | -336.5% | -239.3% |
| EPS growth (YoY) | 78.5% | - | - | - | -10.3% | - | - | - | -361.9% | -273.3% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | -1298.0% | - | - | - | 54.1% | - | - | - | 68.0% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -37.0% | -40.3% | -37.9% | -34.0% | -32.4% | -30.3% | -27.8% | -33.4% | -33.6% | -29.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$630.25M totalContract Operations$338.51M · 53.7%
Product Sales$182.71M · 29.0%
Aftermarket Services$109.03M · 17.3%
Product / service
$291.74M totalProcessingand Treating Equipment$149.03M · 51.1%
Operationand Maintenance Services$48.98M · 16.8%
Part Sales$47.05M · 16.1%
Compression Equipment$17.35M · 5.9%
Other Services$13.00M · 4.5%
Other Product Sales$12.88M · 4.4%
Production Equipment$3.45M · 1.2%
Geographic
$1.26B totalMiddle Eastand Africa$302.33M · 24.0%
Latin America$267.58M · 21.2%
IQ$146.14M · 11.6%
Other International$139.76M · 11.1%
AR$99.64M · 7.9%
BO$74.01M · 5.9%
BR$61.13M · 4.8%
OM$60.41M · 4.8%
Asia Pacific$46.17M · 3.7%
TH$35.17M · 2.8%
North America$14.17M · 1.1%
US$14.00M · 1.1%
Peer comparison
Same SIC group: Services-Equipment Rental & Leasing, NEC
Comparing Exterran Corp against the 5 most active filers in the same SIC group.