IEA · Infrastructure & Energy Alternatives, 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 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $680.60M | $360.10M | - | $697.76M | $560.15M | $276.41M | - | $522.23M | $480.60M | $358.16M |
| Cost of Revenue | $619.03M | $356.26M | - | $625.59M | $506.67M | $259.87M | - | $463.34M | $426.36M | $325.12M |
| Gross Profit | $61.56M | $3.83M | - | $72.17M | $53.48M | $16.54M | - | $58.89M | $54.24M | $33.04M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $35.76M | $34.88M | - | $36.54M | $30.89M | $24.85M | - | $29.66M | $28.07M | $29.48M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $11.30M | $12.29M | - | $10.96M | $9.41M | $10.80M | - | $9.28M | $8.78M | $11.89M |
| Operating Income | $25.81M | ($31.05M) | - | $35.63M | $22.59M | ($8.30M) | - | $29.23M | $26.17M | $3.56M |
| Interest Expense | $6.86M | $6.03M | - | $9.40M | $14.49M | $14.36M | - | $14.97M | $16.20M | $16.07M |
| Income Tax | $6.54M | ($11.42M) | - | $2.25M | $4.17M | ($2.39M) | - | $6.15M | $4.74M | ($867.0K) |
| Net Income | $16.97M | ($27.07M) | - | ($99.65M) | $4.70M | ($20.43M) | - | $11.27M | $3.60M | ($12.74M) |
| EPS - Basic | $0.35 | ($0.56) | - | ($2.63) | $0.13 | ($0.91) | - | $0.37 | $0.11 | ($0.66) |
| EPS - Diluted | $0.31 | ($0.56) | - | ($2.63) | $0.12 | ($0.91) | - | $0.32 | $0.09 | ($0.66) |
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 | $46.48M | $124.03M | $124.03M | $158.26M | $117.67M | $95.17M | $164.04M | $57.30M | $59.39M | $58.08M |
| Accounts Receivable | $404.12M | $254.54M | $280.70M | $327.41M | $232.32M | $171.31M | $163.79M | $186.30M | $211.98M | $154.70M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $215.16M | $131.41M | $164.93M | $199.49M | $149.35M | $86.83M | $104.96M | $117.32M | $141.17M | $110.48M |
| Current Assets | $806.55M | $576.46M | $661.80M | $730.47M | $559.96M | $459.83M | $492.37M | $480.41M | $525.84M | $428.81M |
| Total Assets | $1.05B | $824.36M | $899.75M | $971.55M | $798.34M | $692.70M | $729.14M | $722.44M | $783.89M | $697.00M |
| Current Liabilities | $622.63M | $445.45M | $490.98M | $579.62M | $478.68M | $380.93M | $389.55M | $383.32M | $454.12M | $374.50M |
| Long-term Debt | $321.08M | $290.89M | $290.73M | $290.63M | $161.27M | $160.23M | $159.22M | $159.15M | $156.55M | $154.79M |
| Total Liabilities | $1.03B | $817.16M | $862.50M | $955.14M | $889.99M | $788.65M | $801.82M | $794.52M | $867.68M | $785.19M |
| Stockholders' Equity | $23.50M | $7.20M | $37.26M | $16.41M | ($109.14M) | ($113.43M) | ($90.16M) | ($89.56M) | ($101.27M) | ($105.67M) |
| Retained Earnings | ($219.30M) | ($236.27M) | ($209.20M) | ($240.85M) | ($141.20M) | ($145.90M) | ($125.47M) | ($124.08M) | ($135.34M) | ($138.94M) |
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 | - | ($79.02M) | - | - | - | ($53.78M) | - | - | - | ($74.18M) |
| Investing Cash Flow | - | ($4.08M) | - | - | - | ($3.52M) | - | - | - | $87.0K |
| Financing Cash Flow | - | ($12.20M) | - | - | - | ($11.57M) | - | - | - | ($15.09M) |
| CapEx | - | $4.79M | - | - | - | $3.92M | - | - | - | $2.23M |
| Free Cash Flow | - | ($83.81M) | - | - | - | ($57.70M) | - | - | - | ($76.41M) |
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 | 9.0% | 1.1% | - | 10.3% | 9.5% | 6.0% | - | 11.3% | 11.3% | 9.2% |
| Operating margin | 3.8% | -8.6% | - | 5.1% | 4.0% | -3.0% | - | 5.6% | 5.4% | 1.0% |
| EBITDA margin | 5.5% | -5.2% | - | 6.7% | 5.7% | 0.9% | - | 7.4% | 7.3% | 4.3% |
| Net margin | 2.5% | -7.5% | - | -14.3% | 0.8% | -7.4% | - | 2.2% | 0.7% | -3.6% |
| Free cash flow margin | - | -23.3% | - | - | - | -20.9% | - | - | - | -21.3% |
| FCF / Net income | - | 3.10 | - | - | - | 2.82 | - | - | - | 6.00 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 5.3% | 9.7% | - | 5.2% | 5.5% | 9.0% | - | 5.7% | 5.8% | 8.2% |
| Effective tax rate | 27.8% | - | - | - | 47.0% | - | - | 35.3% | 56.8% | - |
| Return on assets | 1.6% | -3.3% | - | -10.3% | 0.6% | -2.9% | - | 1.6% | 0.5% | -1.8% |
| Return on equity | 72.2% | -375.9% | - | -607.2% | -4.3% | 18.0% | - | -12.6% | -3.6% | 12.1% |
| Return on invested capital | 5.4% | -8.2% | - | 9.2% | 23.0% | -14.0% | - | 27.2% | 23.7% | 5.7% |
| Liquidity | ||||||||||
| Current ratio | 1.30 | 1.29 | 1.35 | 1.26 | 1.17 | 1.21 | 1.26 | 1.25 | 1.16 | 1.15 |
| Quick ratio | 1.30 | 1.29 | 1.35 | 1.26 | 1.17 | 1.21 | 1.26 | 1.25 | 1.16 | 1.15 |
| Cash ratio | 0.07 | 0.28 | 0.25 | 0.27 | 0.25 | 0.25 | 0.42 | 0.15 | 0.13 | 0.16 |
| Leverage | ||||||||||
| Debt / Equity | 13.66 | 40.40 | 7.80 | 17.71 | -1.48 | -1.41 | -1.77 | -1.78 | -1.55 | -1.46 |
| Debt / Assets | 0.31 | 0.35 | 0.32 | 0.30 | 0.20 | 0.23 | 0.22 | 0.22 | 0.20 | 0.22 |
| Debt / EBITDA | 8.65 | - | - | 6.24 | 5.04 | 64.25 | - | 4.13 | 4.48 | 10.02 |
| Interest coverage | 3.8x | -5.2x | - | 3.8x | 1.6x | -0.6x | - | 2.0x | 1.6x | 0.2x |
| Equity multiplier | 44.74 | 114.48 | 24.15 | 59.20 | -7.32 | -6.11 | -8.09 | -8.07 | -7.74 | -6.60 |
| Liabilities / Assets | 0.98 | 0.99 | 0.96 | 0.98 | 1.11 | 1.14 | 1.10 | 1.10 | 1.11 | 1.13 |
| Efficiency | ||||||||||
| Asset turnover | 0.65 | 0.44 | - | 0.72 | 0.70 | 0.40 | - | 0.72 | 0.61 | 0.51 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 217d | 258d | - | 171d | 151d | 226d | - | 130d | 161d | 158d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 127d | 135d | - | 116d | 108d | 122d | - | 92d | 121d | 124d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 21.5% | 30.3% | - | 33.6% | 16.6% | -22.8% | - | 23.7% | 46.5% | 87.7% |
| Revenue CAGR (3y) | 27.6% | 23.6% | - | 57.7% | 74.2% | 74.2% | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 15.1% | -76.8% | - | 22.6% | -1.4% | -49.9% | - | 11.4% | 72.6% | 387.8% |
| Operating income growth (YoY) | 14.2% | -273.9% | - | 21.9% | -13.7% | - | - | 35.6% | 372.0% | - |
| Net income growth (YoY) | 261.1% | -32.5% | - | - | 30.6% | -60.4% | - | -10.7% | -42.1% | 44.3% |
| EPS growth (YoY) | 158.3% | 38.5% | - | - | 33.3% | -37.9% | - | 33.3% | - | 37.7% |
| EPS CAGR (3y) | - | - | - | - | -5.0% | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | -45.2% | - | - | - | 24.5% | - | - | - | -93.7% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | -7.8% | -7.3% | 17.4% | 24.9% | 25.1% | 29.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$2.08B totalRenewables Segment$1.46B · 70.3%
Specialty Civil Segment$617.28M · 29.7%
Peer comparison
Same SIC group: Blank Checks
Comparing Infrastructure & Energy Alternatives against the 5 most active filers in the same SIC group.