KRA · Kraton 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 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | $1.38B | $1.17B | $1.39B | - | - | - |
| Gross Profit | $588.76M | $397.87M | $414.43M | $580.61M | $541.90M | $479.02M |
| R&D | $40.41M | $40.74M | $41.07M | $41.30M | $40.73M | $39.49M |
| SG&A | $164.17M | $161.94M | $149.80M | $153.90M | $161.89M | $177.63M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $126.47M | $126.02M | $136.17M | $141.41M | $137.16M | $125.66M |
| Operating Income | $256.83M | ($331.59M) | $119.46M | $250.73M | $202.12M | $136.25M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $39.50M | ($32.03M) | ($11.81M) | $3.57M | ($57.88M) | ($91.95M) |
| Net Income | $170.23M | ($225.60M) | $51.30M | $67.02M | $97.55M | $107.31M |
| EPS - Basic | $5.30 | ($7.08) | $1.61 | $2.10 | $3.12 | $3.48 |
| EPS - Diluted | $5.21 | ($7.08) | $1.60 | $2.08 | $3.07 | $3.43 |
Balance Sheet
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $130.52M | $85.90M | $35.03M | $85.89M | $89.05M | $121.75M |
| Accounts Receivable | $230.94M | $180.26M | $169.60M | $198.05M | $196.68M | $200.86M |
| Inventory | - | - | - | $410.64M | $367.80M | $328.00M |
| Accounts Payable | $251.99M | $176.23M | $168.54M | $182.15M | $169.26M | $150.08M |
| Current Assets | $876.36M | $646.39M | $650.04M | $765.56M | $729.75M | $746.51M |
| Total Assets | $2.65B | $2.46B | $2.83B | $2.89B | $2.93B | $2.91B |
| Current Liabilities | $533.78M | $433.09M | $366.64M | $349.09M | $350.71M | $336.97M |
| Long-term Debt | $818.57M | $865.52M | $1.31B | $1.49B | $1.57B | $1.70B |
| Total Liabilities | $1.81B | $1.81B | $2.04B | $2.15B | $2.27B | $2.42B |
| Stockholders' Equity | $797.33M | $604.36M | $751.44M | $715.14M | $636.48M | $457.90M |
| Retained Earnings | $409.62M | $240.46M | $464.71M | $420.60M | $356.50M | $254.44M |
Cash Flow
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $171.22M | $151.33M | $234.94M | $246.58M | $255.44M | $138.47M |
| Investing Cash Flow | ($107.02M) | $424.53M | ($108.72M) | ($111.10M) | ($122.59M) | ($1.36B) |
| Financing Cash Flow | ($22.90M) | ($520.93M) | ($176.14M) | ($136.72M) | ($175.11M) | $1.28B |
| CapEx | $90.45M | $73.89M | $103.69M | $100.12M | $99.22M | $99.20M |
| Free Cash Flow | $80.77M | $77.44M | $131.25M | $146.46M | $156.22M | $39.26M |
Ratios
| Metric | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | 0.47 | -0.34 | 2.56 | 2.19 | 1.60 | 0.37 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 18.8% | - | -29.9% | 5.1% | -145.9% | -598.9% |
| Return on assets | 6.4% | -9.2% | 1.8% | 2.3% | 3.3% | 3.7% |
| Return on equity | 21.3% | -37.3% | 6.8% | 9.4% | 15.3% | 23.4% |
| Return on invested capital | 12.9% | -17.8% | 5.8% | 10.8% | 9.1% | 6.3% |
| Liquidity | ||||||
| Current ratio | 1.64 | 1.49 | 1.77 | 2.19 | 2.08 | 2.22 |
| Quick ratio | 1.64 | 1.49 | 1.77 | 1.02 | 1.03 | 1.24 |
| Cash ratio | 0.24 | 0.20 | 0.10 | 0.25 | 0.25 | 0.36 |
| Leverage | ||||||
| Debt / Equity | 1.03 | 1.43 | 1.75 | 2.08 | 2.47 | 3.71 |
| Debt / Assets | 0.31 | 0.35 | 0.46 | 0.51 | 0.54 | 0.58 |
| Debt / EBITDA | 2.14 | - | 5.13 | 3.79 | 4.64 | 6.48 |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 3.33 | 4.07 | 3.77 | 4.05 | 4.61 | 6.35 |
| Liabilities / Assets | 0.68 | 0.74 | 0.72 | 0.74 | 0.77 | 0.83 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 67d | 55d | 44d | - | - | - |
| 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) | 48.0% | -4.0% | -28.6% | 7.1% | 13.1% | 109.5% |
| Operating income growth (YoY) | - | - | -52.4% | 24.0% | 48.3% | 647.4% |
| Net income growth (YoY) | - | - | -23.4% | -31.3% | -9.1% | - |
| EPS growth (YoY) | - | - | -23.1% | -32.2% | -10.5% | - |
| EPS CAGR (3y) | 35.8% | - | -22.4% | - | 252.7% | - |
| EPS CAGR (5y) | 8.7% | - | 87.0% | - | - | - |
| FCF growth (YoY) | 4.3% | -41.0% | -10.4% | -6.2% | 297.9% | -16.1% |
| FCF CAGR (5y) | 15.5% | 10.6% | - | 43.1% | 13.9% | 2.5% |
| Book value growth (YoY) | 31.9% | -19.6% | 5.1% | 12.4% | 39.0% | 27.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$1.97B totalPolymer$1.10B · 55.8%
Chemical$871.34M · 44.2%
Product / service
$1.97B totalPerformance Products$627.62M · 31.9%
Performance Chemicals$503.13M · 25.5%
Specialty Polymers$409.74M · 20.8%
Adhesives$306.66M · 15.6%
Tires$61.55M · 3.1%
Isoprene Rubber$59.90M · 3.0%
Other Productand Services$1.53M · 0.1%
Stability scores
Piotroski F-score
FY 2021 · 9-point quality
6/9
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: Plastic Materials, Synth Resins & Nonvulcan Elastomers
Comparing Kraton Corp against the 5 most active filers in the same SIC group.