FLOW · Spx Flow, 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 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $389.60M | $381.60M | $363.80M | - | $356.90M | $308.10M | $289.50M | - | $383.50M |
| Cost of Revenue | - | $250.60M | $249.90M | $235.30M | - | $230.80M | $194.60M | $188.40M | - | $248.90M |
| Gross Profit | - | $139.00M | $131.70M | $128.50M | - | $126.10M | $113.50M | $101.10M | - | $134.60M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $93.30M | $93.80M | $90.40M | - | $89.90M | $90.80M | $85.20M | - | $94.30M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | $9.80M | - | - | - | $9.80M | - | - |
| Operating Income | - | $39.20M | $28.90M | $25.90M | - | $31.60M | $14.20M | $8.60M | - | $26.40M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | $8.60M | $14.70M | $8.30M | - | $700.0K | $3.90M | ($900.0K) | - | $2.50M |
| Net Income | - | $23.50M | $10.80M | $18.60M | - | $12.10M | ($25.10M) | ($5.30M) | - | ($31.60M) |
| EPS - Basic | - | $0.56 | $0.26 | $0.44 | - | $0.29 | ($0.59) | ($0.12) | - | ($0.74) |
| EPS - Diluted | - | $0.56 | $0.26 | $0.44 | - | $0.29 | ($0.59) | ($0.12) | - | ($0.74) |
Balance Sheet
| Line item | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $313.90M | $313.60M | $324.10M | $380.70M | $441.50M | $352.30M | $657.10M | $235.90M | $299.20M | $217.60M |
| Accounts Receivable | $246.00M | $241.20M | $251.00M | $242.30M | $232.60M | $232.10M | $217.30M | $220.50M | $243.10M | $261.00M |
| Inventory | $242.80M | $245.70M | $238.60M | $211.00M | $199.30M | $222.20M | $232.00M | $214.50M | $208.10M | $212.90M |
| Accounts Payable | $173.80M | $169.30M | $178.10M | $167.00M | $149.10M | $133.90M | $135.70M | $129.40M | $142.60M | $145.50M |
| Current Assets | $872.30M | $859.90M | $876.70M | $892.10M | $925.20M | $871.70M | $1.17B | $1.17B | $1.27B | $1.37B |
| Total Assets | $2.09B | $2.09B | $2.13B | $2.08B | $2.10B | $2.02B | $2.29B | $2.28B | $2.44B | $2.52B |
| Current Liabilities | $517.00M | $520.00M | $530.80M | $495.60M | $482.90M | $470.20M | $466.30M | $639.00M | $707.40M | $676.90M |
| Long-term Debt | $374.10M | $379.10M | $397.60M | $397.50M | $397.30M | $397.10M | $694.30M | $694.00M | - | $693.30M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $1.04B | $1.04B | $1.04B | $1.03B | $1.06B | $1.00B | $972.70M | $790.40M | $862.40M | $967.50M |
| Retained Earnings | ($308.00M) | ($321.80M) | ($341.50M) | ($348.50M) | ($363.30M) | ($387.50M) | ($399.60M) | ($374.50M) | ($369.20M) | ($223.60M) |
Cash Flow
| Line item | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | $5.10M | - | - | - | ($32.70M) | - | - |
| Investing Cash Flow | - | - | - | ($47.10M) | - | - | - | ($10.20M) | - | - |
| Financing Cash Flow | - | - | - | ($7.70M) | - | - | - | ($15.80M) | - | - |
| CapEx | - | - | - | $9.30M | - | - | - | $5.30M | - | - |
| Free Cash Flow | - | - | - | ($4.20M) | - | - | - | ($38.00M) | - | - |
Ratios
| Metric | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | 35.7% | 34.5% | 35.3% | - | 35.3% | 36.8% | 34.9% | - | 35.1% |
| Operating margin | - | 10.1% | 7.6% | 7.1% | - | 8.9% | 4.6% | 3.0% | - | 6.9% |
| EBITDA margin | - | - | - | 9.8% | - | - | - | 6.4% | - | - |
| Net margin | - | 6.0% | 2.8% | 5.1% | - | 3.4% | -8.1% | -1.8% | - | -8.2% |
| Free cash flow margin | - | - | - | -1.2% | - | - | - | -13.1% | - | - |
| FCF / Net income | - | - | - | -0.23 | - | - | - | 7.17 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | 23.9% | 24.6% | 24.8% | - | 25.2% | 29.5% | 29.4% | - | 24.6% |
| Effective tax rate | - | 26.8% | 57.6% | 30.9% | - | 5.5% | - | - | - | - |
| Return on assets | - | 1.1% | 0.5% | 0.9% | - | 0.6% | -1.1% | -0.2% | - | -1.3% |
| Return on equity | - | 2.3% | 1.0% | 1.8% | - | 1.2% | -2.6% | -0.7% | - | -3.3% |
| Return on invested capital | - | 2.0% | 1.0% | 1.3% | - | 2.1% | 0.7% | 0.5% | - | 1.3% |
| Liquidity | ||||||||||
| Current ratio | 1.69 | 1.65 | 1.65 | 1.80 | 1.92 | 1.85 | 2.50 | 1.83 | 1.80 | 2.02 |
| Quick ratio | 1.22 | 1.18 | 1.20 | 1.37 | 1.50 | 1.38 | 2.00 | 1.49 | 1.51 | 1.70 |
| Cash ratio | 0.61 | 0.60 | 0.61 | 0.77 | 0.91 | 0.75 | 1.41 | 0.37 | 0.42 | 0.32 |
| Leverage | ||||||||||
| Debt / Equity | 0.36 | 0.36 | 0.38 | 0.38 | 0.37 | 0.40 | 0.71 | 0.88 | - | 0.72 |
| Debt / Assets | 0.18 | 0.18 | 0.19 | 0.19 | 0.19 | 0.20 | 0.30 | 0.30 | - | 0.28 |
| Debt / EBITDA | - | - | - | 11.13 | - | - | - | 37.72 | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.01 | 2.01 | 2.05 | 2.01 | 1.98 | 2.02 | 2.36 | 2.89 | 2.83 | 2.60 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | - | 0.19 | 0.18 | 0.17 | - | 0.18 | 0.13 | 0.13 | - | 0.15 |
| Inventory turnover | - | 1.02 | 1.05 | 1.12 | - | 1.04 | 0.84 | 0.88 | - | 1.17 |
| Days sales outstanding | - | 226d | 240d | 243d | - | 237d | 257d | 278d | - | 248d |
| Days inventory outstanding | - | 358d | 348d | 327d | - | 351d | 435d | 416d | - | 312d |
| Days payable outstanding | - | 247d | 260d | 259d | - | 212d | 255d | 251d | - | 213d |
| Cash conversion cycle | - | 337d | 328d | 311d | - | 377d | 438d | 443d | - | 347d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | 9.2% | 23.9% | 25.7% | - | -6.9% | -20.1% | -41.1% | - | -27.7% |
| Revenue CAGR (3y) | - | -9.8% | -10.4% | -9.5% | - | -10.1% | -14.8% | -12.6% | - | -6.3% |
| Revenue CAGR (5y) | - | -3.6% | -6.3% | -6.3% | - | -9.5% | - | - | - | - |
| Gross profit growth (YoY) | - | 10.2% | 16.0% | 27.1% | - | -6.3% | -13.1% | -34.6% | - | -17.5% |
| Operating income growth (YoY) | - | 24.1% | 103.5% | 201.2% | - | 19.7% | -52.2% | -76.6% | - | -52.7% |
| Net income growth (YoY) | - | 94.2% | - | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | 93.1% | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | -10.1% | -21.6% | 6.9% | - | -1.1% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | -26.6% | - | - | - | - |
| FCF growth (YoY) | - | - | - | 88.9% | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -2.3% | 3.8% | 6.9% | 30.8% | 23.1% | 3.6% | -5.5% | -17.1% | -9.5% | -1.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$1.53B totalPrecision Solutions$852.60M · 55.8%
Nutrition And Health Segment$676.40M · 44.2%
Product / service
$676.40M totalOriginal Equipment$436.50M · 64.5%
Aftermarket$239.90M · 35.5%
Geographic
$1.53B totalUS$558.20M · 36.5%
Geographical Component Other$528.50M · 34.6%
CN$222.30M · 14.5%
DE$109.10M · 7.1%
DK$65.70M · 4.3%
FR$45.20M · 3.0%
Peer comparison
Same SIC group: Metalworkg Machinery & Equipment
Comparing SPX FLOW against the 5 most active filers in the same SIC group.