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 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | $410.07M | $373.23M | $285.85M | - | $331.28M | $320.61M | $272.13M | - | $362.36M |
| Gross Profit | - | $116.57M | $119.57M | $82.26M | - | $126.27M | $105.58M | $58.74M | - | $102.16M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $51.83M | $56.26M | $55.04M | - | $57.05M | $53.28M | $54.24M | - | $55.23M |
| Total Operating Expenses | - | $51.44M | $55.94M | $43.33M | - | $58.22M | $54.55M | $54.73M | - | $54.93M |
| D&A | - | $12.40M | $12.20M | $12.20M | - | $12.00M | $12.10M | $12.20M | - | $12.30M |
| Operating Income | - | $65.13M | $63.63M | $38.93M | - | $68.06M | $51.03M | $4.01M | - | $47.23M |
| Interest Expense | - | $19.00M | $19.07M | $18.35M | - | $20.05M | $19.70M | $20.75M | - | $23.27M |
| Income Tax | - | $13.70M | $12.06M | $4.50M | - | $9.92M | $7.46M | $78.0K | - | $5.90M |
| Net Income | - | $35.77M | $36.06M | $18.68M | - | $28.83M | $27.11M | ($14.07M) | - | $22.43M |
| EPS - Basic | - | $0.53 | $0.54 | $0.28 | - | $0.44 | $0.42 | ($0.22) | - | $0.35 |
| EPS - Diluted | - | $0.51 | $0.52 | $0.27 | - | $0.42 | $0.40 | ($0.22) | - | $0.34 |
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 | $56.83M | $24.01M | $34.17M | $36.59M | $25.68M | $32.76M | $52.51M | $182.41M | $34.80M | $43.85M |
| Accounts Receivable | $293.86M | $345.82M | $309.06M | $263.86M | $227.95M | $276.82M | $271.60M | $228.63M | $205.80M | $286.35M |
| Inventory | $263.68M | $254.75M | $266.31M | $256.45M | $222.93M | $219.34M | $238.84M | $259.27M | $238.48M | $256.64M |
| Accounts Payable | $144.51M | $166.28M | $174.96M | $161.33M | $134.14M | $143.28M | $122.72M | $125.32M | $102.43M | $138.25M |
| Current Assets | $628.37M | $635.71M | $622.62M | $567.96M | $486.54M | $542.15M | $580.07M | $696.38M | $499.00M | $606.45M |
| Total Assets | $1.77B | $1.78B | $1.77B | $1.72B | $1.66B | $1.72B | $1.77B | $1.91B | $1.74B | $1.87B |
| Current Liabilities | $291.97M | $316.36M | $319.03M | $290.70M | $278.90M | $282.68M | $256.36M | $240.13M | $226.45M | $260.86M |
| Long-term Debt | $879.27M | $881.33M | $900.70M | $922.58M | $887.51M | $948.30M | $1.07B | $1.26B | $1.09B | $1.16B |
| Total Liabilities | $1.45B | $1.49B | $1.51B | $1.50B | $1.46B | $1.55B | $1.64B | $1.81B | $1.62B | $1.74B |
| Stockholders' Equity | $319.07M | $291.64M | $255.38M | $215.03M | $193.77M | $169.66M | $135.40M | $103.19M | $120.97M | $124.00M |
| Retained Earnings | $64.44M | $38.63M | $2.87M | ($33.20M) | ($51.88M) | ($74.48M) | ($103.31M) | ($130.43M) | ($116.36M) | ($108.69M) |
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 | - | - | - | ($16.96M) | - | - | - | ($19.23M) | - | - |
| Investing Cash Flow | - | - | - | ($8.06M) | - | - | - | ($4.28M) | - | - |
| Financing Cash Flow | - | - | - | $35.77M | - | - | - | $171.59M | - | - |
| CapEx | - | - | - | $11.05M | - | - | - | $4.28M | - | - |
| Free Cash Flow | - | - | - | ($28.01M) | - | - | - | ($23.50M) | - | - |
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 | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | -1.50 | - | - | - | 1.67 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | 27.7% | 25.1% | 19.4% | - | 25.6% | 21.6% | - | - | 20.8% |
| Return on assets | - | 2.0% | 2.0% | 1.1% | - | 1.7% | 1.5% | -0.7% | - | 1.2% |
| Return on equity | - | 12.3% | 14.1% | 8.7% | - | 17.0% | 20.0% | -13.6% | - | 18.1% |
| Return on invested capital | - | 4.0% | 4.1% | 2.8% | - | 4.5% | 3.3% | 0.2% | - | 2.9% |
| Liquidity | ||||||||||
| Current ratio | 2.15 | 2.01 | 1.95 | 1.95 | 1.74 | 1.92 | 2.26 | 2.90 | 2.20 | 2.32 |
| Quick ratio | 1.25 | 1.20 | 1.12 | 1.07 | 0.95 | 1.14 | 1.33 | 1.82 | 1.15 | 1.34 |
| Cash ratio | 0.19 | 0.08 | 0.11 | 0.13 | 0.09 | 0.12 | 0.20 | 0.76 | 0.15 | 0.17 |
| Leverage | ||||||||||
| Debt / Equity | 2.76 | 3.02 | 3.53 | 4.29 | 4.58 | 5.59 | 7.89 | 12.19 | 8.98 | 9.32 |
| Debt / Assets | 0.50 | 0.49 | 0.51 | 0.54 | 0.54 | 0.55 | 0.60 | 0.66 | 0.62 | 0.62 |
| Debt / EBITDA | - | 11.37 | 11.88 | 18.04 | - | 11.85 | 16.91 | 77.63 | - | 19.42 |
| Interest coverage | - | 3.4x | 3.3x | 2.1x | - | 3.4x | 2.6x | 0.2x | - | 2.0x |
| Equity multiplier | 5.56 | 6.11 | 6.92 | 7.99 | 8.55 | 10.13 | 13.08 | 18.53 | 14.38 | 15.05 |
| Liabilities / Assets | 0.82 | 0.84 | 0.86 | 0.87 | 0.88 | 0.90 | 0.92 | 0.95 | 0.93 | 0.93 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | 1.61 | 1.40 | 1.11 | - | 1.51 | 1.34 | 1.05 | - | 1.41 |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | 227d | 260d | 327d | - | 242d | 272d | 348d | - | 259d |
| Days payable outstanding | - | 148d | 171d | 206d | - | 158d | 140d | 168d | - | 139d |
| 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) | - | -7.7% | 13.3% | 40.0% | - | 23.6% | 23.0% | 40.5% | - | 32.4% |
| Operating income growth (YoY) | - | -4.3% | 24.7% | 871.3% | - | 44.1% | 94.7% | - | - | 469.4% |
| Net income growth (YoY) | - | 24.1% | 33.0% | - | - | 28.5% | 817.9% | 43.8% | - | 307.6% |
| EPS growth (YoY) | - | 21.4% | 30.0% | - | - | 23.5% | 700.0% | 43.6% | - | 277.8% |
| EPS CAGR (3y) | - | 78.3% | 67.8% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | -19.2% | - | - | - | 55.8% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 64.7% | 71.9% | 88.6% | 108.4% | 60.2% | 36.8% | 37.0% | 10.3% | 11.8% | -3.8% |
Peer comparison
Same SIC group: Concrete Products, Except Block & Brick
Comparing Forterra against the 3 most active filers in the same SIC group.