MAXR · Maxar Technologies 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.

Annual Quarterly

Income Statement

Line item	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Revenue	$1.60B	$1.77B	$1.72B	$1.67B	$1.56B	$1.56B
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	$431.00M	$369.00M	$332.00M	$325.00M	$223.00M	-
Total Operating Expenses	-	-	-	-	-	-
D&A	$239.00M	$290.00M	$348.00M	$376.00M	$34.00M	$77.40M
Operating Income	$11.00M	$176.00M	$2.00M	$295.00M	$107.00M	$166.80M
Interest Expense	$156.00M	$144.00M	$191.00M	$194.00M	$33.00M	$37.60M
Income Tax	$2.00M	($13.00M)	($22.00M)	$5.00M	($1.00M)	$23.90M
Net Income	($150.00M)	$46.00M	$303.00M	$109.00M	$68.00M	$105.60M
EPS - Basic	($2.03)	$0.65	$4.99	$1.83	$1.87	$2.90
EPS - Diluted	($2.03)	$0.63	$4.99	$1.81	$1.86	$2.83

Balance Sheet

Line item	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Cash & Equivalents	$52.00M	$47.00M	$27.00M	$59.00M	$14.00M	$30.00M
Accounts Receivable	-	-	-	-	-	$273.90M
Inventory	$46.00M	$39.00M	$31.00M	$20.00M	$102.00M	$97.60M
Accounts Payable	$87.00M	$75.00M	$115.00M	$153.00M	$222.00M	$167.30M
Current Assets	$608.00M	$529.00M	$468.00M	$1.26B	$759.00M	$666.30M
Total Assets	$4.61B	$4.50B	$4.48B	$5.16B	$6.38B	$2.56B
Current Liabilities	$736.00M	$622.00M	$663.00M	$996.00M	$831.00M	$788.20M
Long-term Debt	$2.17B	$2.06B	$2.41B	$2.92B	$2.94B	-
Total Liabilities	$3.22B	$3.04B	$3.55B	$4.39B	$4.36B	$1.81B
Stockholders' Equity	$1.39B	$1.46B	$935.00M	$761.00M	$1.83B	$800.40M
Retained Earnings	($873.00M)	($720.00M)	($763.00M)	($1.08B)	$118.00M	$144.20M

Cash Flow

Line item	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Operating Cash Flow	$325.00M	$281.00M	$189.00M	$317.00M	$54.00M	$130.40M
Investing Cash Flow	($327.00M)	($234.00M)	$317.00M	($13.00M)	($56.00M)	($100.20M)
Financing Cash Flow	$7.00M	($31.00M)	($579.00M)	($238.00M)	($14.00M)	($63.20M)
CapEx	$226.00M	$135.00M	$221.00M	$257.00M	$40.00M	-
Free Cash Flow	$99.00M	$146.00M	($32.00M)	$60.00M	$14.00M	-

Ratios

Metric	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	0.7%	9.9%	0.1%	17.7%	6.9%	10.7%
EBITDA margin	15.6%	26.3%	20.3%	40.3%	9.1%	15.7%
Net margin	-9.3%	2.6%	17.6%	6.5%	4.4%	6.8%
Free cash flow margin	6.2%	8.2%	-1.9%	3.6%	0.9%	-
FCF / Net income	-0.66	3.17	-0.11	0.55	0.21	-
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	26.9%	20.8%	19.3%	19.5%	14.3%	-
Effective tax rate	-	-39.4%	-7.8%	4.4%	-1.5%	18.5%
Return on assets	-3.3%	1.0%	6.8%	2.1%	1.1%	4.1%
Return on equity	-10.8%	3.1%	32.4%	14.3%	3.7%	13.2%
Return on invested capital	0.2%	5.0%	0.1%	7.7%	2.2%	-
Liquidity
Current ratio	0.83	0.85	0.71	1.27	0.91	0.85
Quick ratio	0.76	0.79	0.66	1.25	0.79	0.72
Cash ratio	0.07	0.08	0.04	0.06	0.02	0.04
Leverage
Debt / Equity	1.57	1.41	2.58	3.83	1.61	-
Debt / Assets	0.47	0.46	0.54	0.57	0.46	-
Debt / EBITDA	8.69	4.42	6.90	4.34	20.87	-
Interest coverage	0.1x	1.2x	0.0x	1.5x	3.2x	4.4x
Equity multiplier	3.32	3.08	4.79	6.78	3.48	3.20
Liabilities / Assets	0.70	0.67	0.79	0.85	0.68	0.71
Efficiency
Asset turnover	0.35	0.39	0.38	0.32	0.24	0.61
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	-	-	-	-	64d
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	-	-	-	-	-	-
P / B	-	-	-	-	-	-
P / S	-	-	-	-	-	-
EV / EBITDA	-	-	-	-	-	-
Growth
Revenue growth (YoY)	-9.3%	2.7%	3.4%	6.9%	0.0%	-
Revenue CAGR (3y)	-1.2%	4.3%	3.4%	-	-	-
Revenue CAGR (5y)	0.6%	-	-	-	-	-
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	-93.8%	8700.0%	-99.3%	175.7%	-35.9%	-
Net income growth (YoY)	-	-84.8%	178.0%	60.3%	-35.6%	-
EPS growth (YoY)	-	-87.4%	175.7%	-2.7%	-34.3%	-
EPS CAGR (3y)	-	-30.3%	20.8%	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	-32.2%	-	-	328.6%	-	-
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	-5.1%	56.4%	22.9%	-58.5%	128.9%	-

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2021-12-31.

Business segments

$1.90B total

Earth Intelligence Segment$1.09B · 57.6%

Space Infrastructure Segment$740.00M · 39.0%

Space Infrastructure$62.00M · 3.3%

Earth Intelligence$1.00M · 0.1%

Product / service

$1.77B total

Service$1.09B · 61.7%

Product$678.00M · 38.3%

Geographic

$1.77B total

US$1.43B · 80.8%

Asia$97.00M · 5.5%

Europe$80.00M · 4.5%

AU$70.00M · 4.0%

Middle East$54.00M · 3.1%

South America$17.00M · 1.0%

Other Geographical Location Than United States And Asia And Canada And Europe And Australia And South America$11.00M · 0.6%

CA$10.00M · 0.6%

Stability scores

Altman Z′

FY 2022 · bankruptcy risk

0.36

Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2022 · 9-point quality

2/9

Weak

✗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: Radio & Tv Broadcasting & Communications Equipment

Company	Revenue (last FY)	Net margin	ROE
MSI	$11.68B	18.4%	89.4%
QCOM	$44.28B	12.5%	26.1%
VISN	$1.93B	118.2%	-227.4%
HLIT	$360.52M	-12.0%	-11.3%
CMTL	-	-	-

Comparing Maxar Technologies Inc. against the 5 most active filers in the same SIC group.