FRTA · Forterra, 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 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Revenue | - | - | - | - | - |
| Cost of Revenue | $1.44B | $1.22B | $1.23B | $1.08B | - |
| Gross Profit | $420.40M | $376.67M | $296.38M | $280.45M | - |
| R&D | - | - | - | - | - |
| SG&A | $216.15M | $221.77M | $221.77M | $216.10M | - |
| Total Operating Expenses | $203.03M | $222.87M | - | - | - |
| D&A | $49.20M | $48.20M | $49.80M | $54.10M | $60.20M |
| Operating Income | $217.37M | $153.80M | ($10.61M) | ($62.78M) | - |
| Interest Expense | $74.98M | $79.89M | $94.97M | $125.05M | $84.40M |
| Income Tax | $38.67M | $8.46M | ($3.28M) | ($51.69M) | - |
| Net Income | $116.32M | $64.49M | ($7.33M) | ($7.61M) | - |
| EPS - Basic | $1.74 | $0.99 | - | ($0.16) | - |
| EPS - Diluted | $1.67 | $0.94 | - | ($0.16) | - |
Balance Sheet
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Cash & Equivalents | $56.83M | $25.68M | $34.80M | $35.79M | $104.53M |
| Accounts Receivable | $293.86M | $227.95M | $205.80M | $198.47M | $192.65M |
| Inventory | $263.68M | $222.93M | $238.48M | $285.03M | $236.66M |
| Accounts Payable | $144.51M | $134.14M | $102.43M | $114.71M | $108.56M |
| Current Assets | $628.37M | $486.54M | $499.00M | $544.09M | $578.52M |
| Total Assets | $1.77B | $1.66B | $1.74B | $1.79B | $1.81B |
| Current Liabilities | $291.97M | $278.90M | $226.45M | $222.05M | $242.10M |
| Long-term Debt | $879.27M | $887.51M | $1.09B | $1.18B | $1.18B |
| Total Liabilities | $1.45B | $1.46B | $1.62B | $1.69B | $1.68B |
| Stockholders' Equity | $319.07M | $193.77M | $120.97M | $108.22M | $132.49M |
| Retained Earnings | $64.44M | ($51.88M) | ($116.36M) | ($115.99M) | ($92.45M) |
Cash Flow
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Operating Cash Flow | $100.51M | $243.20M | $146.79M | $76.92M | - |
| Investing Cash Flow | ($48.01M) | ($18.37M) | ($42.30M) | ($1.06B) | - |
| Financing Cash Flow | ($21.24M) | ($234.27M) | ($106.18M) | $981.73M | - |
| CapEx | $65.64M | $34.02M | $53.71M | $54.29M | - |
| Free Cash Flow | $34.87M | $209.18M | $93.08M | $22.64M | - |
Ratios
| Metric | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | - | - | - | - | - |
| Operating margin | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - |
| FCF / Net income | 0.30 | 3.24 | -12.70 | -2.98 | - |
| R&D / Revenue | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - |
| Effective tax rate | 24.9% | 11.6% | - | - | - |
| Return on assets | 6.6% | 3.9% | -0.4% | -0.4% | - |
| Return on equity | 36.5% | 33.3% | -6.1% | -7.0% | - |
| Return on invested capital | 13.6% | 12.6% | -0.7% | -3.9% | - |
| Liquidity | |||||
| Current ratio | 2.15 | 1.74 | 2.20 | 2.45 | 2.39 |
| Quick ratio | 1.25 | 0.95 | 1.15 | 1.17 | 1.41 |
| Cash ratio | 0.19 | 0.09 | 0.15 | 0.16 | 0.43 |
| Leverage | |||||
| Debt / Equity | 2.76 | 4.58 | 8.98 | 10.87 | 8.92 |
| Debt / Assets | 0.50 | 0.54 | 0.62 | 0.66 | 0.65 |
| Debt / EBITDA | 3.30 | 4.39 | 27.71 | - | - |
| Interest coverage | 2.9x | 1.9x | -0.1x | -0.5x | - |
| Equity multiplier | 5.56 | 8.55 | 14.38 | 16.57 | 13.67 |
| Liabilities / Assets | 0.82 | 0.88 | 0.93 | 0.94 | 0.93 |
| Efficiency | |||||
| Asset turnover | - | - | - | - | - |
| Inventory turnover | 5.45 | 5.46 | 5.17 | 3.80 | - |
| Days sales outstanding | - | - | - | - | - |
| Days inventory outstanding | 67d | 67d | 71d | 96d | - |
| Days payable outstanding | 37d | 40d | 30d | 39d | - |
| Cash conversion cycle | - | - | - | - | - |
| Valuation | |||||
| P / E | - | - | - | - | - |
| P / B | - | - | - | - | - |
| P / S | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - |
| Growth | |||||
| Revenue growth (YoY) | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - |
| Gross profit growth (YoY) | 11.6% | 27.1% | 5.7% | - | - |
| Operating income growth (YoY) | 41.3% | - | 83.1% | - | - |
| Net income growth (YoY) | 80.4% | - | 3.6% | - | - |
| EPS growth (YoY) | 77.7% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - |
| FCF growth (YoY) | -83.3% | 124.7% | 311.2% | - | - |
| FCF CAGR (5y) | - | - | - | - | - |
| Book value growth (YoY) | 64.7% | 60.2% | 11.8% | -18.3% | - |
Stability scores
Piotroski F-score
FY 2021 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Concrete Products, Except Block & Brick
Comparing Forterra against the 3 most active filers in the same SIC group.