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 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $526.89M | $493.62M | $427.27M | - | $373.44M | $355.68M | $427.27M | - | $444.22M |
| Cost of Revenue | - | $360.20M | $354.10M | $301.24M | - | $304.68M | $262.63M | $308.07M | - | $368.84M |
| Gross Profit | - | $166.69M | $139.53M | $136.03M | - | $68.75M | $93.04M | $119.20M | - | $101.28M |
| R&D | - | $10.38M | $9.72M | $9.52M | - | $9.45M | $9.91M | $10.79M | - | $10.37M |
| SG&A | - | $44.93M | $34.04M | $41.28M | - | $35.28M | $38.40M | $49.06M | - | $32.27M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | $31.67M | $31.72M | $31.56M | - | $31.31M | $31.34M | $31.17M | - | $34.80M |
| Operating Income | - | $79.53M | $64.01M | $53.37M | - | ($406.77M) | $12.83M | $28.24M | - | $38.10M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | $15.23M | $12.88M | $8.76M | - | ($18.19M) | $6.66M | ($36.55M) | - | $2.31M |
| Net Income | - | $53.02M | $36.41M | $33.23M | - | ($403.79M) | ($7.97M) | $208.09M | - | $18.69M |
| EPS - Basic | - | $1.65 | $1.13 | $1.04 | - | ($12.67) | ($0.25) | $6.55 | - | $0.59 |
| EPS - Diluted | - | $1.62 | $1.11 | $1.02 | - | ($12.67) | ($0.25) | $6.47 | - | $0.58 |
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 | $130.52M | $90.20M | $58.13M | $60.78M | $85.90M | $62.82M | $137.37M | $151.50M | $35.03M | $83.26M |
| Accounts Receivable | $230.94M | $263.23M | $257.57M | $220.83M | $180.26M | $169.52M | $167.84M | $201.04M | $169.60M | $212.39M |
| Inventory | - | $411.99M | $364.33M | $318.88M | - | $322.29M | $362.07M | $341.98M | - | $407.32M |
| Accounts Payable | $251.99M | $221.31M | $211.57M | $176.23M | $176.23M | $131.75M | $151.40M | $168.54M | $168.54M | $161.85M |
| Current Assets | $876.36M | $831.73M | $748.04M | $683.69M | $646.39M | $617.79M | $733.70M | $752.76M | $650.04M | $770.99M |
| Total Assets | $2.65B | $2.61B | $2.53B | $2.47B | $2.46B | $2.41B | $2.92B | $2.94B | $2.83B | $2.92B |
| Current Liabilities | $533.78M | $514.06M | $475.61M | $442.78M | $433.09M | $377.80M | $399.32M | $427.88M | $366.64M | $340.79M |
| Long-term Debt | $818.57M | $825.46M | $836.80M | $847.13M | $865.52M | $859.03M | $948.04M | $936.57M | $1.31B | $1.42B |
| Total Liabilities | $1.81B | $1.83B | $1.81B | $1.79B | $1.81B | $1.75B | $1.85B | $1.87B | $2.04B | $2.10B |
| Stockholders' Equity | $797.33M | $728.32M | $677.60M | $630.97M | $604.36M | $620.39M | $1.02B | $1.03B | $751.44M | $782.27M |
| Retained Earnings | $409.62M | $362.06M | $309.04M | $272.65M | $240.46M | $262.38M | $666.17M | $674.05M | $464.71M | $485.95M |
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 | - | - | - | ($7.09M) | - | - | - | $1.18M | - | - |
| Investing Cash Flow | - | - | - | ($24.72M) | - | - | - | $490.91M | - | - |
| Financing Cash Flow | - | - | - | $8.90M | - | - | - | ($368.31M) | - | - |
| CapEx | - | - | - | $22.43M | - | - | - | $17.45M | - | - |
| Free Cash Flow | - | - | - | ($29.52M) | - | - | - | ($16.26M) | - | - |
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 | - | 31.6% | 28.3% | 31.8% | - | 18.4% | 26.2% | 27.9% | - | 22.8% |
| Operating margin | - | 15.1% | 13.0% | 12.5% | - | -108.9% | 3.6% | 6.6% | - | 8.6% |
| EBITDA margin | - | 21.1% | 19.4% | 19.9% | - | -100.5% | 12.4% | 13.9% | - | 16.4% |
| Net margin | - | 10.1% | 7.4% | 7.8% | - | -108.1% | -2.2% | 48.7% | - | 4.2% |
| Free cash flow margin | - | - | - | -6.9% | - | - | - | -3.8% | - | - |
| FCF / Net income | - | - | - | -0.89 | - | - | - | -0.08 | - | - |
| R&D / Revenue | - | 2.0% | 2.0% | 2.2% | - | 2.5% | 2.8% | 2.5% | - | 2.3% |
| SG&A / Revenue | - | 8.5% | 6.9% | 9.7% | - | 9.4% | 10.8% | 11.5% | - | 7.3% |
| Effective tax rate | - | 22.3% | 26.1% | 20.9% | - | - | - | -21.3% | - | 11.0% |
| Return on assets | - | 2.0% | 1.4% | 1.3% | - | -16.8% | -0.3% | 7.1% | - | 0.6% |
| Return on equity | - | 7.3% | 5.4% | 5.3% | - | -65.1% | -0.8% | 20.3% | - | 2.4% |
| Return on invested capital | - | 4.0% | 3.1% | 2.9% | - | -21.7% | 0.5% | 1.4% | - | 1.5% |
| Liquidity | ||||||||||
| Current ratio | 1.64 | 1.62 | 1.57 | 1.54 | 1.49 | 1.64 | 1.84 | 1.76 | 1.77 | 2.26 |
| Quick ratio | 1.64 | 0.82 | 0.81 | 0.82 | 1.49 | 0.78 | 0.93 | 0.96 | 1.77 | 1.07 |
| Cash ratio | 0.24 | 0.18 | 0.12 | 0.14 | 0.20 | 0.17 | 0.34 | 0.35 | 0.10 | 0.24 |
| Leverage | ||||||||||
| Debt / Equity | 1.03 | 1.13 | 1.23 | 1.34 | 1.43 | 1.38 | 0.93 | 0.91 | 1.75 | 1.81 |
| Debt / Assets | 0.31 | 0.32 | 0.33 | 0.34 | 0.35 | 0.36 | 0.32 | 0.32 | 0.46 | 0.48 |
| Debt / EBITDA | - | 7.42 | 8.74 | 9.97 | - | - | 21.46 | 15.76 | - | 19.45 |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 3.33 | 3.58 | 3.74 | 3.91 | 4.07 | 3.88 | 2.85 | 2.86 | 3.77 | 3.74 |
| Liabilities / Assets | 0.68 | 0.70 | 0.71 | 0.73 | 0.74 | 0.72 | 0.64 | 0.64 | 0.72 | 0.72 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.20 | 0.19 | 0.17 | - | 0.15 | 0.12 | 0.15 | - | 0.15 |
| Inventory turnover | - | 0.87 | 0.97 | 0.94 | - | 0.95 | 0.73 | 0.90 | - | 0.91 |
| Days sales outstanding | - | 182d | 190d | 189d | - | 166d | 172d | 172d | - | 175d |
| Days inventory outstanding | - | 417d | 376d | 386d | - | 386d | 503d | 405d | - | 403d |
| Days payable outstanding | - | 224d | 218d | 214d | - | 158d | 210d | 200d | - | 160d |
| Cash conversion cycle | - | 376d | 348d | 361d | - | 394d | 465d | 377d | - | 417d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | 41.1% | 38.8% | 0.0% | - | -15.9% | -28.2% | -6.4% | - | -13.1% |
| Revenue CAGR (3y) | - | 1.0% | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | 142.4% | 50.0% | 14.1% | - | -32.1% | -28.0% | 11.4% | - | -34.3% |
| Operating income growth (YoY) | - | - | 398.8% | 89.0% | - | - | -77.2% | -19.6% | - | -47.4% |
| Net income growth (YoY) | - | - | - | -84.0% | - | - | - | 1542.6% | - | -55.9% |
| EPS growth (YoY) | - | - | - | -84.2% | - | - | - | 1559.0% | - | -55.7% |
| EPS CAGR (3y) | - | 7.3% | - | 14.5% | - | - | - | 218.6% | - | 5.8% |
| EPS CAGR (5y) | - | 27.0% | 35.8% | -18.5% | - | - | - | - | - | 3.0% |
| FCF growth (YoY) | - | - | - | -81.5% | - | - | - | 69.0% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 31.9% | 17.4% | -33.8% | -38.5% | -19.6% | -20.7% | 33.9% | 40.9% | 5.1% | 13.0% |
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%
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.