PGTI · Pgt Innovations, 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 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | $238.16M | $230.98M | $227.60M | - | $236.03M | $241.39M | $224.07M | $196.23M | $188.49M |
| Gross Profit | - | $161.77M | $153.95M | $149.23M | - | $149.80M | $165.13M | $134.59M | $104.20M | $97.01M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $101.87M | $100.00M | $95.91M | - | $102.40M | $109.50M | $95.88M | $78.59M | $75.75M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | $8.89M | - | - | - | $8.47M | - | - |
| Operating Income | - | $60.69M | $51.43M | $53.32M | - | $47.40M | $55.63M | $38.71M | $25.61M | $21.26M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | $13.71M | $11.46M | $11.23M | - | $10.10M | $12.01M | $7.80M | ($2.41M) | $2.73M |
| Net Income | - | $39.21M | $31.49M | $33.59M | - | $30.04M | $36.16M | $23.17M | ($5.82M) | $10.14M |
| EPS - Basic | - | $0.68 | $0.53 | $0.54 | - | $0.51 | $0.61 | $0.35 | ($0.11) | $0.11 |
| EPS - Diluted | - | $0.67 | $0.53 | $0.54 | - | $0.50 | $0.61 | $0.35 | ($0.11) | $0.11 |
Balance Sheet
| Line item | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $32.71M | $37.67M | $39.40M | $48.31M | $66.55M | $218.84M | $159.26M | $103.63M | $114.72M | $47.59M |
| Accounts Receivable | $117.62M | $149.29M | $150.53M | $159.52M | $160.11M | $166.88M | $178.19M | $179.17M | $142.74M | $139.69M |
| Inventory | $111.78M | $117.94M | $117.16M | $114.88M | $112.67M | $112.26M | $110.25M | $97.40M | $79.25M | $78.23M |
| Accounts Payable | $40.63M | - | - | - | $43.73M | - | - | $40.02M | - | - |
| Current Assets | $328.29M | $389.39M | $392.85M | $401.97M | $415.54M | $582.62M | $535.84M | $471.14M | $431.65M | $348.89M |
| Total Assets | $1.58B | $1.61B | $1.61B | $1.62B | $1.64B | $1.60B | $1.57B | $1.50B | $1.36B | $1.28B |
| Current Liabilities | $134.19M | $168.54M | $144.18M | $159.58M | $185.35M | $195.79M | $190.01M | $151.09M | $127.47M | $136.19M |
| Long-term Debt | $612.10M | $631.77M | $670.44M | $645.11M | $642.13M | $626.58M | $626.27M | $625.96M | $565.66M | $474.48M |
| Total Liabilities | $918.01M | $947.29M | $963.61M | $953.41M | $977.51M | $949.43M | $945.95M | $905.81M | $804.78M | $725.55M |
| Stockholders' Equity | $659.87M | $661.37M | $647.81M | $634.27M | $628.01M | $613.46M | $580.80M | $553.65M | $516.84M | $521.62M |
| Retained Earnings | $311.10M | $306.45M | $267.25M | $236.48M | $204.89M | $193.87M | $163.62M | $127.10M | $91.87M | $98.68M |
Cash Flow
| Line item | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | $23.92M | - | - | - | $17.32M | - | - |
| Investing Cash Flow | - | - | - | ($11.96M) | - | - | - | ($8.17M) | - | - |
| Financing Cash Flow | - | - | - | ($30.19M) | - | - | - | ($1.66M) | - | - |
| CapEx | - | - | - | $11.79M | - | - | - | $8.18M | - | - |
| Free Cash Flow | - | - | - | $12.13M | - | - | - | $9.14M | - | - |
Ratios
| Metric | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | 0.36 | - | - | - | 0.39 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | 25.9% | 26.7% | 25.1% | - | 25.2% | 24.9% | 25.2% | - | 21.2% |
| Return on assets | - | 2.4% | 2.0% | 2.1% | - | 1.9% | 2.3% | 1.5% | -0.4% | 0.8% |
| Return on equity | - | 5.9% | 4.9% | 5.3% | - | 4.9% | 6.2% | 4.2% | -1.1% | 1.9% |
| Return on invested capital | - | 3.5% | 2.9% | 3.1% | - | 2.9% | 3.5% | 2.5% | 1.9% | 1.7% |
| Liquidity | ||||||||||
| Current ratio | 2.45 | 2.31 | 2.72 | 2.52 | 2.24 | 2.98 | 2.82 | 3.12 | 3.39 | 2.56 |
| Quick ratio | 1.61 | 1.61 | 1.91 | 1.80 | 1.63 | 2.40 | 2.24 | 2.47 | 2.76 | 1.99 |
| Cash ratio | 0.24 | 0.22 | 0.27 | 0.30 | 0.36 | 1.12 | 0.84 | 0.69 | 0.90 | 0.35 |
| Leverage | ||||||||||
| Debt / Equity | 0.93 | 0.96 | 1.03 | 1.02 | 1.02 | 1.02 | 1.08 | 1.13 | 1.09 | 0.91 |
| Debt / Assets | 0.39 | 0.39 | 0.42 | 0.40 | 0.39 | 0.39 | 0.40 | 0.42 | 0.42 | 0.37 |
| Debt / EBITDA | - | - | - | 10.37 | - | - | - | 13.27 | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.39 | 2.43 | 2.49 | 2.56 | 2.61 | 2.61 | 2.70 | 2.71 | 2.62 | 2.45 |
| Liabilities / Assets | 0.58 | 0.59 | 0.60 | 0.59 | 0.60 | 0.59 | 0.60 | 0.60 | 0.59 | 0.57 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | 2.02 | 1.97 | 1.98 | - | 2.10 | 2.19 | 2.30 | 2.48 | 2.41 |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | 181d | 185d | 184d | - | 174d | 167d | 159d | 147d | 151d |
| Days payable outstanding | - | - | - | - | - | - | - | 65d | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | 8.0% | -6.8% | 10.9% | - | 43.8% | 70.2% | 43.2% | 19.9% | 30.3% |
| Operating income growth (YoY) | - | 28.0% | -7.5% | 37.7% | - | 85.1% | 161.6% | 60.0% | -14.5% | 147.6% |
| Net income growth (YoY) | - | 30.5% | -12.9% | 45.0% | - | - | 256.4% | 87.1% | - | 361.3% |
| EPS growth (YoY) | - | 34.0% | -13.1% | 54.3% | - | - | 454.5% | 66.7% | - | 175.0% |
| EPS CAGR (3y) | - | 32.2% | 136.6% | 27.6% | - | 24.4% | 28.1% | 35.7% | - | -36.5% |
| EPS CAGR (5y) | - | 41.1% | 4.3% | 31.0% | - | 33.0% | 25.0% | 42.3% | - | -6.0% |
| FCF growth (YoY) | - | - | - | 32.7% | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | 40.3% | - | - | - | - | - | - |
| Book value growth (YoY) | 5.1% | 7.8% | 11.5% | 14.6% | - | 18.7% | 11.3% | 8.7% | 9.7% | 15.7% |
Peer comparison
Same SIC group: Metal Doors, Sash, Frames, Moldings & Trim
Comparing PGT Innovations against the 3 most active filers in the same SIC group.