MCFE · McAfee 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 |
|---|---|---|
| Revenue | $1.92B | $2.41B |
| Cost of Revenue | $470.00M | $840.00M |
| Gross Profit | $1.45B | $1.57B |
| R&D | $184.00M | $406.00M |
| SG&A | $196.00M | $253.00M |
| Total Operating Expenses | $901.00M | $1.74B |
| D&A | $236.00M | $543.00M |
| Operating Income | $549.00M | $126.00M |
| Interest Expense | $295.00M | - |
| Income Tax | ($160.00M) | $62.00M |
| Net Income | $849.00M | ($118.00M) |
| EPS - Basic | $4.99 | ($0.73) |
| EPS - Diluted | $4.99 | ($0.73) |
Balance Sheet
| Line item | FY 2021 | FY 2020 |
|---|---|---|
| Cash & Equivalents | $816.00M | $231.00M |
| Accounts Receivable | $144.00M | $392.00M |
| Inventory | - | - |
| Accounts Payable | $226.00M | $266.00M |
| Current Assets | $1.24B | $914.00M |
| Total Assets | $3.42B | $5.43B |
| Current Liabilities | $1.52B | $2.38B |
| Long-term Debt | $2.86B | $3.94B |
| Total Liabilities | $5.04B | $7.23B |
| Stockholders' Equity | ($8.24B) | ($6.64B) |
| Retained Earnings | $41.00M | ($118.00M) |
Cash Flow
| Line item | FY 2021 | FY 2020 |
|---|---|---|
| Operating Cash Flow | $513.00M | $319.00M |
| Investing Cash Flow | $3.94B | ($677.00M) |
| Financing Cash Flow | ($3.85B) | ($651.00M) |
| CapEx | $22.00M | $61.00M |
| Free Cash Flow | $491.00M | $258.00M |
Ratios
| Metric | FY 2021 | FY 2020 |
|---|---|---|
| Profitability | ||
| Gross margin | 75.5% | 65.1% |
| Operating margin | 28.6% | 5.2% |
| EBITDA margin | 40.9% | 27.8% |
| Net margin | 44.2% | -4.9% |
| Free cash flow margin | 25.6% | 10.7% |
| FCF / Net income | 0.58 | -2.19 |
| R&D / Revenue | 9.6% | 16.9% |
| SG&A / Revenue | 10.2% | 10.5% |
| Effective tax rate | -23.2% | - |
| Return on assets | 24.8% | -2.2% |
| Return on equity | -10.3% | 1.8% |
| Return on invested capital | - | - |
| Liquidity | ||
| Current ratio | 0.82 | 0.38 |
| Quick ratio | 0.82 | 0.38 |
| Cash ratio | 0.54 | 0.10 |
| Leverage | ||
| Debt / Equity | -0.35 | -0.59 |
| Debt / Assets | 0.84 | 0.73 |
| Debt / EBITDA | 3.65 | 5.89 |
| Interest coverage | 1.9x | - |
| Equity multiplier | -0.42 | -0.82 |
| Liabilities / Assets | 1.47 | 1.33 |
| Efficiency | ||
| Asset turnover | 0.56 | 0.44 |
| Inventory turnover | - | - |
| Days sales outstanding | 27d | 59d |
| Days inventory outstanding | - | - |
| Days payable outstanding | 176d | 116d |
| Cash conversion cycle | - | - |
| Valuation | ||
| P / E | - | - |
| P / B | - | - |
| P / S | - | - |
| EV / EBITDA | - | - |
| Growth | ||
| Revenue growth (YoY) | -20.3% | - |
| Revenue CAGR (3y) | - | - |
| Revenue CAGR (5y) | - | - |
| Gross profit growth (YoY) | -7.6% | - |
| Operating income growth (YoY) | 335.7% | - |
| Net income growth (YoY) | - | - |
| EPS growth (YoY) | - | - |
| EPS CAGR (3y) | - | - |
| EPS CAGR (5y) | - | - |
| FCF growth (YoY) | 90.3% | - |
| FCF CAGR (5y) | - | - |
| Book value growth (YoY) | -24.1% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-25.
Geographic
$3.84B totalAmericas$1.28B · 33.4%
US$1.18B · 30.6%
Non Us$572.00M · 14.9%
EMEA$441.00M · 11.5%
Asia Pacific And Japan$198.00M · 5.2%
GB$173.00M · 4.5%
Stability scores
Altman Z′
FY 2021 · bankruptcy risk
0.32
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 2021 · 9-point quality
8/9
Strong
- ✓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: Services-Prepackaged Software
Comparing McAfee Corp. against the 5 most active filers in the same SIC group.