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.
Income Statement
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $419.00M | - | $436.00M | $438.00M | $405.00M | - | $437.00M | $473.00M | $392.00M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $117.00M | - | $110.00M | $106.00M | $104.00M | - | $89.00M | $88.00M | $84.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $39.00M | - | $64.00M | $67.00M | $68.00M | - | $74.00M | $73.00M | $74.00M | - |
| Operating Income | $13.00M | - | $43.00M | $45.00M | $13.00M | - | $37.00M | $56.00M | ($7.00M) | - |
| Interest Expense | $46.00M | - | $43.00M | $34.00M | $33.00M | - | $33.00M | $33.00M | $44.00M | - |
| Income Tax | - | - | $5.00M | $1.00M | - | - | - | ($10.00M) | - | - |
| Net Income | ($14.00M) | - | ($4.00M) | ($30.00M) | ($7.00M) | - | $14.00M | $45.00M | ($84.00M) | - |
| EPS - Basic | ($0.19) | - | ($0.05) | ($0.41) | ($0.10) | - | $0.19 | $0.62 | ($1.30) | - |
| EPS - Diluted | ($0.19) | - | ($0.05) | ($0.41) | ($0.10) | - | $0.19 | $0.60 | ($1.30) | - |
Balance Sheet
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $26.00M | $52.00M | $28.00M | $15.00M | $22.00M | $47.00M | $36.00M | $10.00M | $22.00M | $27.00M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $45.00M | $46.00M | $39.00M | $37.00M | $36.00M | $39.00M | $42.00M | $43.00M | $38.00M | $31.00M |
| Accounts Payable | $92.00M | $87.00M | $91.00M | $77.00M | $81.00M | $75.00M | $92.00M | $112.00M | $104.00M | $115.00M |
| Current Assets | $628.00M | $608.00M | $589.00M | $547.00M | $469.00M | $529.00M | $511.00M | $533.00M | $463.00M | $468.00M |
| Total Assets | $4.64B | $4.61B | $4.56B | $4.51B | $4.44B | $4.50B | $4.41B | $4.47B | $4.42B | $4.48B |
| Current Liabilities | $779.00M | $736.00M | $599.00M | $546.00M | $570.00M | $622.00M | $606.00M | $623.00M | $638.00M | $663.00M |
| Long-term Debt | $2.19B | $2.17B | $2.17B | $2.19B | $2.06B | $2.06B | $2.06B | $2.12B | $2.10B | $2.41B |
| Total Liabilities | $3.28B | $3.22B | $3.10B | $3.06B | $2.96B | $3.04B | $3.08B | $3.17B | $3.18B | $3.55B |
| Stockholders' Equity | $1.36B | $1.39B | $1.46B | $1.45B | $1.47B | $1.46B | $1.33B | $1.30B | $1.25B | $935.00M |
| Retained Earnings | ($887.00M) | ($873.00M) | ($763.00M) | ($758.00M) | ($727.00M) | ($720.00M) | ($790.00M) | ($803.00M) | ($847.00M) | ($763.00M) |
Cash Flow
| Line item | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $44.00M | - | - | - | $48.00M | - | - | - | $27.00M | - |
| Investing Cash Flow | ($57.00M) | - | - | - | ($66.00M) | - | - | - | ($50.00M) | - |
| Financing Cash Flow | ($2.00M) | - | - | - | ($7.00M) | - | - | - | $17.00M | - |
| CapEx | $39.00M | - | $51.00M | $65.00M | $43.00M | - | $27.00M | $31.00M | $26.00M | - |
| Free Cash Flow | $5.00M | - | - | - | $5.00M | - | - | - | $1.00M | - |
Ratios
| Metric | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 3.1% | - | 9.9% | 10.3% | 3.2% | - | 8.5% | 11.8% | -1.8% | - |
| EBITDA margin | 12.4% | - | 24.5% | 25.6% | 20.0% | - | 25.4% | 27.3% | 17.1% | - |
| Net margin | -3.3% | - | -0.9% | -6.8% | -1.7% | - | 3.2% | 9.5% | -21.4% | - |
| Free cash flow margin | 1.2% | - | - | - | 1.2% | - | - | - | 0.3% | - |
| FCF / Net income | -0.36 | - | - | - | -0.71 | - | - | - | -0.01 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 27.9% | - | 25.2% | 24.2% | 25.7% | - | 20.4% | 18.6% | 21.4% | - |
| Effective tax rate | - | - | 500.0% | - | - | - | - | -28.6% | - | - |
| Return on assets | -0.3% | - | -0.1% | -0.7% | -0.2% | - | 0.3% | 1.0% | -1.9% | - |
| Return on equity | -1.0% | - | -0.3% | -2.1% | -0.5% | - | 1.1% | 3.5% | -6.7% | - |
| Return on invested capital | - | - | 0.6% | 1.0% | - | - | - | 1.6% | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.81 | 0.83 | 0.98 | 1.00 | 0.82 | 0.85 | 0.84 | 0.86 | 0.73 | 0.71 |
| Quick ratio | 0.75 | 0.76 | 0.92 | 0.93 | 0.76 | 0.79 | 0.77 | 0.79 | 0.67 | 0.66 |
| Cash ratio | 0.03 | 0.07 | 0.05 | 0.03 | 0.04 | 0.08 | 0.06 | 0.02 | 0.03 | 0.04 |
| Leverage | ||||||||||
| Debt / Equity | 1.61 | 1.57 | 1.49 | 1.52 | 1.40 | 1.41 | 1.55 | 1.63 | 1.68 | 2.58 |
| Debt / Assets | 0.47 | 0.47 | 0.48 | 0.49 | 0.46 | 0.46 | 0.47 | 0.47 | 0.47 | 0.54 |
| Debt / EBITDA | 42.17 | - | 20.30 | 19.59 | 25.43 | - | 18.59 | 16.44 | 31.31 | - |
| Interest coverage | 0.3x | - | 1.0x | 1.3x | 0.4x | - | 1.1x | 1.7x | -0.2x | - |
| Equity multiplier | 3.41 | 3.32 | 3.12 | 3.12 | 3.01 | 3.08 | 3.32 | 3.44 | 3.55 | 4.79 |
| Liabilities / Assets | 0.71 | 0.70 | 0.68 | 0.68 | 0.67 | 0.67 | 0.70 | 0.71 | 0.72 | 0.79 |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | - | 0.10 | 0.10 | 0.09 | - | 0.10 | 0.11 | 0.09 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 3.5% | - | -0.2% | -7.4% | 3.3% | - | 0.2% | 7.7% | 2.9% | - |
| Revenue CAGR (3y) | 3.2% | - | -3.1% | -3.7% | -7.0% | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 0.0% | - | 16.2% | -19.6% | - | - | 428.6% | 40.0% | 75.9% | - |
| Net income growth (YoY) | -100.0% | - | - | - | 91.7% | - | -83.5% | -85.3% | -75.0% | - |
| EPS growth (YoY) | -90.0% | - | - | - | 92.3% | - | -85.8% | -87.9% | -62.5% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 0.0% | - | - | - | 400.0% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -7.6% | -5.1% | 9.9% | 11.3% | 18.3% | 56.4% | 33.2% | 44.2% | 89.9% | 22.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$1.90B totalEarth 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 totalService$1.09B · 61.7%
Product$678.00M · 38.3%
Geographic
$1.77B totalUS$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%
Peer comparison
Same SIC group: Radio & Tv Broadcasting & Communications Equipment
Comparing Maxar Technologies Inc. against the 5 most active filers in the same SIC group.