Get notified regarding key financial metrics and revenue changes at AEP IndustriesLearn more
Banner background

Summary - Funding Rounds

Founding Date

1970
AEP Industries is a subsidiary of Berry Global

AEP Industries Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

974.8m1.2b1.1b1.2b1.1b1.1b

Revenue growth, %

19%2510%(4%)

Cost of goods sold

989.4m1.1b959.7m905.5m

Gross profit

154.5m121.9m181.7m190.3m

Gross profit Margin, %

14%10%16%17%

Sales and marketing expense

38.8m36.6m37.8m38.5m

R&D expense

2.1m

General and administrative expense

23.9m32.4m28.8m25.8m32.6m37.6m

Operating expense total

103.5m127.1m121.2m112.0m118.9m123.8m

EBIT

25.2m55.6m33.3m9.9m62.7m66.5m

EBIT margin, %

3%5%3%1%5%6%

Interest expense

19.2m19.1m

Interest income

56.0k

Pre tax profit

14.5m37.4m16.0m(9.4m)44.2m46.5m

Income tax expense

2.1m14.2m5.2m(3.9m)15.4m17.7m

Net Income

12.4m23.2m10.7m(5.5m)28.8m28.8m

AEP Industries Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

6.4m2.8m13.3m867.0k20.2m3.7m

Accounts Receivable

109.1m109.9m112.6m119.4m104.9m

Prepaid Expenses

3.5m2.9m5.4m6.9m3.3m

Inventories

103.1m95.1m97.1m86.4m101.3m92.7m

Current Assets

228.9m213.4m234.7m216.2m233.3m201.9m

PP&E

169.6m196.0m220.3m216.5m194.0m

Goodwill

6.9m6.9m6.9m6.9m

Total Assets

415.7m431.4m471.6m446.9m440.2m392.6m

Accounts Payable

76.9m78.6m80.6m81.9m68.7m62.9m

Short-term debt

145.0k2.6m5.2m5.0m5.4m

Current Liabilities

111.6m117.1m116.1m113.0m111.6m114.9m

Long-term debt

214.7m238.9m253.7m211.0m133.1m

Total Debt

145.0k217.3m238.9m258.7m211.0m133.1m

Total Liabilities

365.7m357.7m386.2m387.2m350.6m279.3m

Common Stock

111.0k111.0k112.0k112.0k112.0k

Preferred Stock

Additional Paid-in Capital

109.5m111.5m112.5m113.0m115.0m115.5m

Retained Earnings

108.2m131.3m142.1m136.6m165.4m189.1m

Total Equity

50.0m73.7m85.4m59.7m89.6m113.3m

Debt to Equity Ratio

2.8 x2.4 x1.2 x

Debt to Assets Ratio

0.5 x0.5 x0.3 x

Financial Leverage

8.3 x5.9 x5.5 x7.5 x4.9 x3.5 x

Quarterly

USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

898.0k4.5m5.2m1.3m2.8m1.6m2.0m1.4m4.1m1.6m557.0k2.1m9.5m11.7m34.7m63.4m

Accounts Receivable

92.5m98.8m112.9m106.6m102.8m110.8m110.6m105.7m115.3m118.1m102.7m108.9m107.1m93.4m102.8m103.8m

Prepaid Expenses

3.1m5.0m4.3m3.8m3.8m5.0m5.1m5.9m6.8m7.6m6.3m3.2m3.2m4.7m3.9m3.2m

Inventories

86.9m123.0m103.2m96.9m110.7m101.5m96.0m106.3m103.7m95.4m91.9m91.1m84.1m106.0m112.2m97.8m

Current Assets

186.1m239.4m231.2m211.8m222.9m221.4m216.3m228.4m237.0m233.1m208.0m208.2m206.9m219.4m257.3m271.8m

PP&E

164.9m168.3m168.2m179.2m210.9m215.0m220.3m222.5m220.7m219.3m210.0m206.1m202.1m190.0m188.1m184.7m

Goodwill

6.9m6.9m6.9m6.9m6.9m6.9m6.9m6.9m6.9m6.9m

Total Assets

366.8m424.8m417.2m408.5m451.8m453.9m453.7m467.1m472.7m468.4m431.9m427.7m422.1m422.7m458.3m469.4m

Accounts Payable

62.1m77.8m58.2m74.5m88.9m80.3m91.3m89.9m79.8m82.3m76.9m82.9m69.2m50.8m75.2m66.5m

Short-term debt

144.0k147.0k149.0k268.0k3.4m3.3m3.3m5.6m5.2m5.1m5.1m5.0m5.1m5.6m5.7m5.8m

Current Liabilities

89.7m108.3m82.8m109.8m123.6m108.9m128.1m122.5m106.4m117.1m107.2m110.6m109.1m91.6m114.5m121.0m

Long-term debt

204.3m221.5m236.9m214.2m234.8m281.4m261.1m242.7m224.9m211.4m210.3m209.7m208.4m

Total Debt

144.0k147.0k149.0k204.6m224.8m240.2m217.5m234.8m281.4m261.1m242.7m224.9m211.4m210.3m209.7m208.4m

Total Liabilities

325.5m374.1m361.2m340.4m370.9m371.3m368.5m386.5m414.3m408.6m372.4m355.0m343.3m326.6m348.8m355.1m

Common Stock

111.0k111.0k111.0k111.0k111.0k112.0k112.0k112.0k112.0k112.0k112.0k112.0k112.0k112.0k112.0k112.0k

Preferred Stock

Additional Paid-in Capital

109.5m109.8m110.0m110.1m111.6m113.4m113.5m112.7m112.8m112.9m113.1m114.8m114.9m115.2m115.3m115.4m

Retained Earnings

98.7m108.5m113.4m125.6m138.2m138.4m141.1m138.3m135.6m136.8m137.0m148.2m154.7m172.0m184.5m189.5m

Total Equity

41.3m50.6m55.9m68.1m80.8m82.7m85.1m80.6m58.4m59.8m59.5m72.7m78.8m96.1m109.5m114.3m

Debt to Equity Ratio

2.9 x4.8 x4.4 x4.1 x3.1 x2.7 x2.2 x1.9 x1.8 x

Debt to Assets Ratio

0.5 x0.6 x0.6 x0.6 x0.5 x0.5 x0.5 x0.5 x0.4 x

Financial Leverage

8.9 x8.4 x7.5 x6 x5.6 x5.5 x5.3 x5.8 x8.1 x7.8 x7.3 x5.9 x5.4 x4.4 x4.2 x4.1 x

AEP Industries Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

12.4m23.2m10.7m(5.5m)28.8m28.8m

Depreciation and Amortization

21.8m22.8m28.6m31.5m31.6m29.5m

Accounts Receivable

(4.3m)(1.1m)(3.3m)(9.4m)10.4m4.9m

Inventories

(12.0m)6.8m11.3m4.6m

Accounts Payable

(1.3m)1.9m2.1m1.5m(13.6m)(5.4m)

Cash From Operating Activities

23.5m72.0m34.1m23.6m70.5m84.4m

Purchases of PP&E

(14.5m)(42.0m)(46.7m)(26.5m)(12.2m)(15.9m)

Cash From Investing Activities

(40.4m)(47.8m)(46.2m)(26.4m)(8.5m)(15.9m)

Long-term Borrowings

(1.1m)(1.3m)(2.8m)(3.0m)(2.4m)(78.8m)

Dividends Paid

(3.8m)

Cash From Financing Activities

22.2m(27.9m)23.1m(8.8m)(42.2m)(84.8m)

Net Change in Cash

5.4m(3.6m)10.5m(12.5m)19.3m(16.5m)

Interest Paid

18.0m

Income Taxes Paid

3.3m

Quarterly

USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

2.9m354.0k5.2m17.5m6.9m7.1m9.8m(3.7m)(6.5m)(5.2m)476.0k11.6m18.2m7.9m21.7m27.9m

Depreciation and Amortization

16.2m5.7m11.3m16.9m6.0m13.5m20.9m7.8m15.9m24.0m9.0m16.7m24.1m7.4m14.7m22.1m

Accounts Receivable

(5.7m)10.1m(4.2m)2.0m7.1m(1.1m)(1.2m)6.4m(3.1m)(8.0m)15.8m7.7m8.2m11.0m2.4m940.0k

Inventories

(11.3m)(13.3m)(3.1m)3.4m11.0m14.2m(470.0k)(8.8m)829.0k

Accounts Payable

(10.6m)967.0k(18.6m)(2.2m)10.3m1.7m12.7m9.4m(634.0k)1.8m(4.7m)1.2m(12.4m)(17.2m)5.6m(1.8m)

Cash From Operating Activities

(4.3m)(8.2m)(12.8m)53.6m8.6m2.6m38.4m3.7m(13.3m)11.2m14.8m36.0m60.8m(1.3m)27.5m64.3m

Purchases of PP&E

(11.2m)(4.4m)(9.6m)(26.3m)(14.5m)(26.1m)(38.7m)(9.3m)(14.8m)(21.4m)(3.0m)(6.4m)(10.0m)(4.1m)(8.3m)(13.5m)

Cash From Investing Activities

(11.2m)(4.4m)(10.4m)(27.0m)(14.4m)(25.9m)(38.5m)(9.3m)(14.7m)(21.1m)(3.0m)(6.4m)(10.0m)(4.1m)(8.3m)(13.5m)

Long-term Borrowings

(820.0k)(305.0k)(615.0k)(929.0k)(573.0k)(1.3m)(2.1m)(773.0k)(1.5m)(2.3m)(646.0k)(1.4m)(1.9m)(537.0k)(1.1m)(1.6m)

Dividends Paid

(1.3m)(2.6m)

Cash From Financing Activities

15.4m10.6m22.0m(31.6m)5.8m22.2m(443.0k)(5.6m)19.3m(1.3m)(11.8m)(28.2m)(41.7m)(2.9m)(4.9m)(7.6m)

Net Change in Cash

(151.0k)(1.9m)(1.2m)(5.1m)31.0k(1.2m)(837.0k)(11.9m)(9.2m)(11.7m)(310.0k)1.2m8.6m(8.5m)14.6m43.3m

Interest Paid

8.8m409.0k9.2m9.6m286.0k8.9m9.3m412.0k9.2m9.8m496.0k9.2m9.5m128.0k8.5m8.6m

Income Taxes Paid

749.0k135.0k1.3m1.6m480.0k2.5m2.9m453.0k1.2m1.7m325.0k417.0k624.0k3.3m8.0m8.2m

AEP Industries Ratios

USDQ3, 2011

Financial Leverage

8.9 x

AEP Industries Employee Rating

3.134 votes
Culture & Values
2.6
Work/Life Balance
3.2
Senior Management
2.5
Salary & Benefits
3
Career Opportunities
2.7
Source