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 | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | $20.86M | - | - | $19.01M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $2.71M | $2.70M | $2.33M | $2.33M | $2.15M | $2.46M | $2.28M | $2.14M | $2.14M | $1.84M |
| Total Operating Expenses | $22.75M | $22.88M | $22.23M | $22.59M | $21.57M | $12.03M | $20.40M | $19.06M | $20.53M | $27.10M |
| D&A | - | - | $1.42M | - | - | $1.89M | $1.81M | - | $2.15M | - |
| Operating Income | $1.50M | $584.0K | $620.0K | $913.0K | ($639.0K) | $8.54M | $452.0K | $671.0K | ($301.0K) | $794.0K |
| Interest Expense | $4.0K | $5.0K | $4.0K | $4.0K | $4.0K | $5.0K | $8.0K | $7.0K | $8.0K | $8.0K |
| Income Tax | $395.0K | $180.0K | $196.0K | $151.0K | ($150.0K) | $2.10M | $122.0K | $181.0K | ($85.0K) | $217.0K |
| Net Income | $1.19M | $475.0K | $485.0K | $771.0K | ($490.0K) | $6.44M | $323.0K | $484.0K | ($222.0K) | $573.0K |
| EPS - Basic | $0.34 | $0.14 | $0.14 | $0.22 | ($0.14) | $1.88 | $0.09 | $0.14 | ($0.07) | $0.17 |
| EPS - Diluted | $0.33 | $0.13 | $0.14 | $0.22 | ($0.14) | $1.74 | $0.09 | $0.14 | ($0.07) | $0.17 |
Balance Sheet
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $6.43M | $6.94M | $7.81M | $8.30M | $6.79M | $8.70M | $10.90M | $9.40M | $7.49M | $15.96M |
| Accounts Receivable | $6.13M | $6.12M | $5.74M | $5.30M | $6.18M | $4.38M | $4.93M | $4.94M | $4.63M | $5.00M |
| Inventory | $898.0K | $1.01M | $1.04M | $1.01M | $1.07M | $943.0K | $871.0K | $935.0K | $896.0K | $903.0K |
| Accounts Payable | $2.61M | $2.17M | $2.06M | $1.96M | $2.23M | $1.89M | $1.86M | $2.06M | $1.65M | $2.68M |
| Current Assets | $19.47M | $19.61M | $20.11M | $20.56M | $19.46M | $20.13M | $23.38M | $19.18M | $17.22M | $26.54M |
| Total Assets | $52.67M | $48.53M | $48.78M | $47.57M | $47.27M | $48.70M | $52.56M | $53.04M | $53.39M | $64.67M |
| Current Liabilities | $9.06M | $7.07M | $8.07M | $8.71M | $9.42M | $9.97M | $8.84M | $9.15M | $8.81M | $9.68M |
| Long-term Debt | $0 | - | $0 | $0 | $0 | $0 | $0 | - | - | - |
| Total Liabilities | $16.37M | $15.98M | $16.94M | $17.50M | $17.43M | $16.44M | $16.66M | $17.52M | $19.62M | $18.60M |
| Stockholders' Equity | $34.33M | $32.55M | $31.84M | $31.19M | $29.83M | $29.92M | $36.12M | $35.52M | $34.75M | $45.05M |
| Retained Earnings | ($6.52M) | ($8.23M) | ($8.71M) | ($9.19M) | ($10.43M) | ($9.94M) | ($3.57M) | ($3.94M) | ($4.42M) | $5.93M |
Cash Flow
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $1.41M | - | - | $1.60M | - | - | $1.94M | - |
| Investing Cash Flow | - | - | ($2.02M) | - | - | $8.89M | - | - | ($275.0K) | - |
| Financing Cash Flow | - | - | $117.0K | - | - | ($12.70M) | - | - | ($10.13M) | - |
| CapEx | - | - | $2.13M | - | - | $948.0K | - | - | $308.0K | - |
| Free Cash Flow | - | - | ($718.0K) | - | - | $657.0K | - | - | $1.63M | - |
Ratios
| Metric | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 | Q1 '21 | Q3 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | 2.2% | - | - | 4.2% |
| EBITDA margin | - | - | - | - | - | - | 10.9% | - | - | - |
| Net margin | - | - | - | - | - | - | 1.5% | - | - | 3.0% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | -1.48 | - | - | 0.10 | - | - | -7.35 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | 11.0% | - | - | 9.7% |
| Effective tax rate | 25.0% | 27.5% | 28.8% | 16.4% | - | 24.6% | 27.4% | 27.2% | - | 27.5% |
| Return on assets | 2.3% | 1.0% | 1.0% | 1.6% | -1.0% | 13.2% | 0.6% | 0.9% | -0.4% | 0.9% |
| Return on equity | 3.5% | 1.5% | 1.5% | 2.5% | -1.6% | 21.5% | 0.9% | 1.4% | -0.6% | 1.3% |
| Return on invested capital | 3.3% | - | 1.4% | 2.4% | -1.7% | 21.5% | 0.9% | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.15 | 2.77 | 2.49 | 2.36 | 2.07 | 2.02 | 2.65 | 2.09 | 1.95 | 2.74 |
| Quick ratio | 2.05 | 2.63 | 2.36 | 2.24 | 1.95 | 1.92 | 2.55 | 1.99 | 1.85 | 2.65 |
| Cash ratio | 0.71 | 0.98 | 0.97 | 0.95 | 0.72 | 0.87 | 1.23 | 1.03 | 0.85 | 1.65 |
| Leverage | ||||||||||
| Debt / Equity | 0.00 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | - | - |
| Debt / Assets | 0.00 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | - | - |
| Debt / EBITDA | - | - | 0.00 | - | - | 0.00 | 0.00 | - | - | - |
| Interest coverage | 374.8x | 116.8x | 155.0x | 228.3x | -159.8x | 1708.2x | 56.5x | 95.9x | -37.6x | 99.3x |
| Equity multiplier | 1.53 | 1.49 | 1.53 | 1.53 | 1.58 | 1.63 | 1.46 | 1.49 | 1.54 | 1.44 |
| Liabilities / Assets | 0.31 | 0.33 | 0.35 | 0.37 | 0.37 | 0.34 | 0.32 | 0.33 | 0.37 | 0.29 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | 0.40 | - | - | 0.29 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | 86d | - | - | 96d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | 9.7% | - | - | -30.9% |
| Revenue CAGR (3y) | - | - | - | - | - | - | -10.8% | - | - | -12.2% |
| Revenue CAGR (5y) | - | - | - | - | - | - | -7.8% | - | - | -9.4% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 64.2% | - | -92.7% | 102.0% | - | - | -43.1% | - | 58.4% | 87.7% |
| Net income growth (YoY) | 54.0% | - | -92.5% | 138.7% | - | - | -43.6% | - | 52.2% | 44.7% |
| EPS growth (YoY) | 50.0% | - | -92.0% | 144.4% | - | - | -47.1% | - | 50.0% | 41.7% |
| EPS CAGR (3y) | 24.7% | - | - | 22.4% | - | 86.1% | -35.2% | - | - | 6.7% |
| EPS CAGR (5y) | 0.0% | - | -33.7% | 9.5% | - | 44.1% | -26.5% | -11.6% | - | -16.9% |
| FCF growth (YoY) | - | - | - | - | - | -59.7% | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 10.1% | 9.1% | 6.4% | -13.6% | -16.0% | -13.9% | -19.8% | -19.0% | -20.7% | -17.8% |
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.