RFP · Resolute Forest Products 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 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $974.00M | $1.06B | $945.00M | - | $817.00M | $1.14B | $873.00M | - | $730.00M | $612.00M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $57.00M | $40.00M | $36.00M | - | $32.00M | $36.00M | $46.00M | - | $35.00M | $32.00M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $124.00M | $217.00M | $235.00M | - | $102.00M | $406.00M | $177.00M | - | $97.00M | $6.00M |
| Interest Expense | $5.00M | $6.00M | $5.00M | - | $5.00M | $5.00M | $6.00M | - | $8.00M | $9.00M |
| Income Tax | $66.00M | ($35.00M) | $58.00M | - | $40.00M | $87.00M | $40.00M | - | $23.00M | $5.00M |
| Net Income | $87.00M | $256.00M | $210.00M | - | $80.00M | $268.00M | $87.00M | - | $57.00M | $6.00M |
| EPS - Basic | $1.12 | $3.32 | $2.71 | - | $1.00 | $3.37 | $1.07 | - | $0.66 | $0.07 |
| EPS - Diluted | $1.11 | $3.29 | $2.68 | - | $0.99 | $3.34 | $1.06 | - | $0.66 | $0.07 |
Balance Sheet
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $446.00M | $355.00M | $162.00M | $112.00M | $119.00M | $177.00M | $33.00M | $113.00M | $20.00M | $27.00M |
| Accounts Receivable | $297.00M | $314.00M | $301.00M | $257.00M | $279.00M | $309.00M | $292.00M | $230.00M | $273.00M | $239.00M |
| Inventory | $609.00M | $599.00M | $595.00M | $510.00M | $509.00M | $492.00M | $512.00M | $462.00M | $511.00M | $506.00M |
| Accounts Payable | $338.00M | $351.00M | $308.00M | $262.00M | $296.00M | $300.00M | $275.00M | $251.00M | $249.00M | $226.00M |
| Current Assets | $1.46B | $1.38B | $1.17B | $989.00M | $1.02B | $1.07B | $942.00M | $900.00M | $908.00M | $882.00M |
| Total Assets | $4.05B | $4.04B | $3.76B | $3.54B | $3.77B | $3.83B | $3.73B | $3.73B | $3.68B | $3.67B |
| Current Liabilities | $502.00M | $501.00M | $452.00M | $431.00M | $447.00M | $532.00M | $409.00M | $380.00M | $349.00M | $310.00M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.93B | $2.02B | $2.01B | $2.02B | $2.30B | $2.44B | $2.54B | $2.65B | $2.38B | $2.42B |
| Stockholders' Equity | $2.12B | $2.02B | $1.75B | $1.51B | $1.46B | $1.39B | $1.19B | $1.08B | $1.30B | $1.25B |
| Retained Earnings | ($456.00M) | ($543.00M) | ($799.00M) | ($1.01B) | ($881.00M) | ($961.00M) | ($1.15B) | ($1.24B) | ($1.18B) | ($1.24B) |
Cash Flow
| Line item | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $147.00M | - | - | - | $74.00M | - | - | - |
| Investing Cash Flow | - | - | ($95.00M) | - | - | - | ($43.00M) | - | - | - |
| Financing Cash Flow | - | - | ($2.00M) | - | - | - | ($99.00M) | - | - | - |
| CapEx | - | - | $13.00M | - | - | - | $14.00M | - | - | - |
| Free Cash Flow | - | - | $134.00M | - | - | - | $60.00M | - | - | - |
Ratios
| Metric | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 12.7% | 20.5% | 24.9% | - | 12.5% | 35.6% | 20.3% | - | 13.3% | 1.0% |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 8.9% | 24.2% | 22.2% | - | 9.8% | 23.5% | 10.0% | - | 7.8% | 1.0% |
| Free cash flow margin | - | - | 14.2% | - | - | - | 6.9% | - | - | - |
| FCF / Net income | - | - | 0.64 | - | - | - | 0.69 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 5.9% | 3.8% | 3.8% | - | 3.9% | 3.2% | 5.3% | - | 4.8% | 5.2% |
| Effective tax rate | 43.1% | -15.8% | 21.6% | - | 33.3% | 24.5% | 31.5% | - | 28.7% | 45.5% |
| Return on assets | 2.1% | 6.3% | 5.6% | - | 2.1% | 7.0% | 2.3% | - | 1.5% | 0.2% |
| Return on equity | 4.1% | 12.7% | 12.0% | - | 5.5% | 19.4% | 7.3% | - | 4.4% | 0.5% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.91 | 2.75 | 2.59 | 2.29 | 2.29 | 2.00 | 2.30 | 2.37 | 2.60 | 2.85 |
| Quick ratio | 1.70 | 1.56 | 1.27 | 1.11 | 1.15 | 1.08 | 1.05 | 1.15 | 1.14 | 1.21 |
| Cash ratio | 0.89 | 0.71 | 0.36 | 0.26 | 0.27 | 0.33 | 0.08 | 0.30 | 0.06 | 0.09 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 24.8x | 36.2x | 47.0x | - | 20.4x | 81.2x | 29.5x | - | 12.1x | 0.7x |
| Equity multiplier | 1.92 | 2.00 | 2.15 | 2.34 | 2.57 | 2.76 | 3.15 | 3.45 | 2.83 | 2.94 |
| Liabilities / Assets | 0.48 | 0.50 | 0.53 | 0.57 | 0.61 | 0.64 | 0.68 | 0.71 | 0.65 | 0.66 |
| Efficiency | ||||||||||
| Asset turnover | 0.24 | 0.26 | 0.25 | - | 0.22 | 0.30 | 0.23 | - | 0.20 | 0.17 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 111d | 108d | 116d | - | 125d | 99d | 122d | - | 137d | 143d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 19.2% | -7.2% | 8.2% | - | 11.9% | 86.3% | 26.7% | - | 3.5% | -18.9% |
| Revenue CAGR (3y) | 11.4% | 11.9% | 5.9% | - | -2.6% | 9.9% | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 21.6% | -46.6% | 32.8% | - | 5.2% | 6666.7% | - | - | - | -85.0% |
| Net income growth (YoY) | 8.8% | -4.5% | 141.4% | - | 40.4% | 4366.7% | - | - | - | -76.0% |
| EPS growth (YoY) | 12.1% | -1.5% | 152.8% | - | 50.0% | 4671.4% | - | - | - | -74.1% |
| EPS CAGR (3y) | - | 130.1% | 81.3% | - | -7.5% | 63.1% | 112.8% | - | 36.4% | - |
| EPS CAGR (5y) | 33.7% | - | - | - | 45.9% | - | - | - | - | - |
| FCF growth (YoY) | - | - | 123.3% | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 44.6% | 45.8% | 47.6% | 40.1% | 12.6% | 10.9% | -3.9% | -12.4% | -16.2% | -21.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$3.66B totalWood Products$1.72B · 46.9%
Paper$972.00M · 26.5%
Market Pulp$813.00M · 22.2%
Tissue Products$161.00M · 4.4%
Geographic
$4.74B totalUS$2.59B · 54.7%
Non Us$1.07B · 22.7%
CA$764.00M · 16.1%
Other Countries$249.00M · 5.3%
MX$60.00M · 1.3%
Peer comparison
Same SIC group: Paper Mills
Comparing Resolute Forest Products Inc. against the 5 most active filers in the same SIC group.