CoverageForm 410-K10-Q8-K13D13G13F

PRLB · Proto Labs 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.

Price · PRLB

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue------
Cost of Revenue$295.99M$277.69M$281.88M$272.93M$265.41M$216.57M
Gross Profit$237.14M$223.20M$221.99M$215.47M$222.69M$217.83M
R&D$42.81M$41.30M$40.13M$38.22M$44.24M$36.94M
SG&A$69.81M$64.33M$65.79M$67.54M$55.93M$51.74M
Total Operating Expenses$212.03M$203.29M$193.83M$313.45M$182.35M$157.99M
D&A$33.81M$35.81M$37.53M$39.42M$40.49M$32.59M
Operating Income$25.11M$19.91M$28.17M($97.98M)$40.34M$59.84M
Interest Expense------
Income Tax$9.82M$8.08M$10.73M$5.58M$6.81M$12.08M
Net Income$21.24M$16.59M$17.22M($103.46M)$33.37M$50.87M
EPS - Basic$0.89$0.66$0.66($3.77)$1.21$1.90
EPS - Diluted$0.88$0.66$0.66($3.77)$1.21$1.89

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$110.83M$89.07M$83.79M$56.56M$65.93M$127.60M
Accounts Receivable$78.96M$66.50M$72.85M$76.22M$80.05M$57.88M
Inventory$14.40M$12.30M$13.66M$13.58M$13.16M$10.86M
Accounts Payable$15.10M$15.50M$15.64M$17.36M$25.36M$18.25M
Current Assets$233.54M$194.85M$200.66M$186.57M$183.49M$242.00M
Total Assets$763.41M$743.51M$772.35M$802.17M$928.58M$744.20M
Current Liabilities$67.00M$53.27M$49.68M$71.58M$54.90M$50.25M
Long-term Debt------
Total Liabilities$89.48M$73.36M$77.06M$104.52M$100.09M$99.85M
Stockholders' Equity$673.93M$670.15M$695.29M$697.65M$828.49M$644.36M
Retained Earnings$240.76M$244.41M$256.40M$258.24M$376.73M$362.90M

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$74.50M$77.83M$73.27M$62.08M$55.24M$106.97M
Investing Cash Flow($13.41M)($13.58M)($4.55M)($43.09M)($94.66M)($95.47M)
Financing Cash Flow($40.37M)($58.55M)($41.86M)($27.92M)($22.20M)($10.73M)
CapEx$14.84M$9.17M$28.12M$21.69M$34.21M$47.01M
Free Cash Flow$59.66M$68.66M$45.16M$40.39M$21.03M$59.96M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin------
EBITDA margin------
Net margin------
Free cash flow margin------
FCF / Net income2.814.142.62-0.390.631.18
R&D / Revenue------
SG&A / Revenue------
Effective tax rate31.6%32.7%38.4%-17.0%19.2%
Return on assets2.8%2.2%2.2%-12.9%3.6%6.8%
Return on equity3.2%2.5%2.5%-14.8%4.0%7.9%
Return on invested capital------
Liquidity
Current ratio3.493.664.042.613.344.82
Quick ratio3.273.433.762.423.104.60
Cash ratio1.651.671.690.791.202.54
Leverage
Debt / Equity------
Debt / Assets------
Debt / EBITDA------
Interest coverage------
Equity multiplier1.131.111.111.151.121.15
Liabilities / Assets0.120.100.100.130.110.13
Efficiency
Asset turnover------
Inventory turnover20.5522.5720.6420.1020.1719.94
Days sales outstanding------
Days inventory outstanding18d16d18d18d18d18d
Days payable outstanding19d20d20d23d35d31d
Cash conversion cycle------
Valuation
P / E57.5x59.2x59.0x-42.4x81.2x
P / B1.8x1.5x1.5x1.0x1.7x6.4x
P / S------
EV / EBITDA18.9x16.1x14.3x-16.8x43.3x
Growth
Revenue growth (YoY)------
Revenue CAGR (3y)------
Revenue CAGR (5y)------
Gross profit growth (YoY)6.2%0.5%3.0%-3.2%2.2%-7.4%
Operating income growth (YoY)26.1%-29.3%---32.6%-25.1%
Net income growth (YoY)28.0%-3.6%---34.4%-20.1%
EPS growth (YoY)33.3%0.0%---36.0%-19.6%
EPS CAGR (3y)--18.3%-29.6%--24.5%-0.7%
EPS CAGR (5y)-14.2%-22.4%-25.2%--5.6%1.3%
FCF growth (YoY)-13.1%52.0%11.8%92.0%-64.9%11.4%
FCF CAGR (5y)-0.1%5.0%4.7%-2.1%-12.6%33.4%
Book value growth (YoY)0.6%-3.6%-0.3%-15.8%28.6%10.0%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

5/9
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: Fabricated Structural Metal Products

CompanyRevenue (last FY)Net marginROE
VMI$4.10B8.5%21.5%
ACA$2.88B7.2%7.9%
GIFI---
VATE$1.25B-4.9%25.2%
TPCS$34.03M-8.1%-31.4%

Comparing Proto Labs Inc against the 5 most active filers in the same SIC group.