PATI · Patriot Transportation Holding, 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 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | - | - | $81.27M | $88.71M | $108.72M | $114.06M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $10.59M | $9.31M | $8.76M | $8.94M | $9.88M | $9.73M |
| Total Operating Expenses | $91.50M | $78.58M | $80.39M | $88.47M | $109.79M | $112.02M |
| D&A | $6.03M | $6.11M | $8.22M | $9.07M | $8.47M | $9.47M |
| Operating Income | $3.28M | $9.30M | $880.0K | $243.0K | $1.98M | $2.05M |
| Interest Expense | $18.0K | $18.0K | $27.0K | $31.0K | $32.0K | $39.0K |
| Income Tax | $915.0K | $2.15M | $233.0K | $90.0K | $630.0K | ($2.92M) |
| Net Income | $2.67M | $7.19M | $625.0K | $257.0K | $1.76M | $5.12M |
| EPS - Basic | $0.76 | $2.08 | $0.18 | $0.08 | $0.53 | $1.54 |
| EPS - Diluted | $0.74 | $1.98 | $0.18 | $0.08 | $0.53 | $1.54 |
Balance Sheet
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $6.43M | $8.30M | $10.90M | $15.96M | $15.23M | $1.0K |
| Accounts Receivable | $6.13M | $5.30M | $4.93M | $5.00M | $6.59M | $7.87M |
| Inventory | $898.0K | $1.01M | $871.0K | $903.0K | $949.0K | $895.0K |
| Accounts Payable | $2.61M | $1.96M | $1.86M | $2.68M | $3.18M | $3.27M |
| Current Assets | $19.47M | $20.56M | $23.38M | $26.54M | $34.42M | $31.44M |
| Total Assets | $52.67M | $47.57M | $52.56M | $64.67M | $72.29M | $69.82M |
| Current Liabilities | $9.06M | $8.71M | $8.84M | $9.68M | $8.83M | $10.16M |
| Long-term Debt | $0 | $0 | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $34.33M | $31.19M | $36.12M | $45.05M | $54.80M | $52.41M |
| Retained Earnings | ($6.52M) | ($9.19M) | ($3.57M) | $5.93M | $16.23M | $14.47M |
Cash Flow
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $8.87M | $4.24M | $2.77M | $9.38M | $10.43M | $7.77M |
| Investing Cash Flow | ($10.86M) | $5.66M | $2.17M | ($4.08M) | $5.36M | ($19.81M) |
| Financing Cash Flow | $117.0K | ($12.49M) | ($10.01M) | ($10.56M) | ($559.0K) | $749.0K |
| CapEx | $12.09M | $5.25M | $910.0K | $5.04M | $9.58M | $4.66M |
| Free Cash Flow | ($3.22M) | ($1.01M) | $1.86M | $4.34M | $853.0K | $3.12M |
Ratios
| Metric | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | 1.1% | 0.3% | 1.8% | 1.8% |
| EBITDA margin | - | - | 11.2% | 10.5% | 9.6% | 10.1% |
| Net margin | - | - | 0.8% | 0.3% | 1.6% | 4.5% |
| Free cash flow margin | - | - | 2.3% | 4.9% | 0.8% | 2.7% |
| FCF / Net income | -1.20 | -0.14 | 2.98 | 16.88 | 0.48 | 0.61 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | 10.8% | 10.1% | 9.1% | 8.5% |
| Effective tax rate | 25.5% | 23.0% | 27.2% | 25.9% | 26.3% | -133.0% |
| Return on assets | 5.1% | 15.1% | 1.2% | 0.4% | 2.4% | 7.3% |
| Return on equity | 7.8% | 23.1% | 1.7% | 0.6% | 3.2% | 9.8% |
| Return on invested capital | 7.1% | 22.9% | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 2.15 | 2.36 | 2.65 | 2.74 | 3.90 | 3.09 |
| Quick ratio | 2.05 | 2.24 | 2.55 | 2.65 | 3.79 | 3.01 |
| Cash ratio | 0.71 | 0.95 | 1.23 | 1.65 | 1.73 | 0.00 |
| Leverage | ||||||
| Debt / Equity | 0.00 | 0.00 | - | - | - | - |
| Debt / Assets | 0.00 | 0.00 | - | - | - | - |
| Debt / EBITDA | 0.00 | 0.00 | - | - | - | - |
| Interest coverage | 182.3x | 516.6x | 32.6x | 7.8x | 61.8x | 52.5x |
| Equity multiplier | 1.53 | 1.53 | 1.46 | 1.44 | 1.32 | 1.33 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | - | - | 1.55 | 1.37 | 1.50 | 1.63 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | 22d | 21d | 22d | 25d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | -8.4% | -18.4% | -4.7% | 1.7% |
| Revenue CAGR (3y) | - | - | -10.7% | -7.5% | -3.3% | 0.6% |
| Revenue CAGR (5y) | - | - | -7.5% | -4.6% | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -64.7% | 956.7% | 262.1% | -87.7% | -3.3% | -13.7% |
| Net income growth (YoY) | -62.8% | 1050.4% | 143.2% | -85.4% | -65.6% | 179.9% |
| EPS growth (YoY) | -62.6% | 1000.0% | 125.0% | -84.9% | -65.6% | 180.0% |
| EPS CAGR (3y) | 109.9% | 55.2% | -51.1% | -47.4% | -32.7% | -1.5% |
| EPS CAGR (5y) | -13.6% | 29.2% | -36.5% | -45.1% | - | - |
| FCF growth (YoY) | -217.5% | - | -57.1% | 408.4% | -72.6% | -28.0% |
| FCF CAGR (5y) | - | - | -11.6% | - | - | - |
| Book value growth (YoY) | 10.1% | -13.6% | -19.8% | -17.8% | 4.6% | 12.5% |
Stability scores
Piotroski F-score
FY 2023 · 9-point quality
4/9
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: Trucking & Courier Services (No Air)
Comparing PATRIOT TRANSPORTATION HOLDING against the 4 most active filers in the same SIC group.