CACI Financials

$1.1 B

Revenue Q1, 2018

$3.4 B

Mkt cap, 13-Dec-2017
Gross profit (Q1, 2018)346.1 M
Gross profit margin (Q1, 2018), %32%
Net income (Q1, 2018)56.1 M
EBIT (Q1, 2018)67.3 M
Cash, 30-Sep-201767 M
EV4.5 B

Financials

Market Value

Revenue/Financials

Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.6 b3.3 b3.7 b4.4 b

Revenue growth, %

(7%)13%16%

Cost of goods sold

2.4 b2.2 b2.5 b2.9 b

Gross profit

1.1 b1.1 b1.3 b1.4 b

Gross profit Margin, %

32%34%34%33%

Operating expense total

815.5 m817.4 m926.9 m1.1 b

Depreciation and amortization

65.2 m66.1 m64.8 m71.8 m

EBIT

257.4 m236.4 m264.8 m297.3 m

EBIT margin, %

7%7%7%7%

Pre tax profit

219.2 m201.6 m223.6 m248.6 m

Income tax expense

83.3 m75.3 m80.8 m48.6 m

Net Income

135.9 m126.3 m142.8 m163.7 m

    Balance Sheet

    Annual

    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    64.5 m35.4 m49.1 m65.5 m

    Accounts Receivable

    615.6 m596.2 m803.8 m757.3 m

    Current Assets

    735.8 m676.5 m921.8 m879.9 m

    PP&E

    68.5 m63.7 m81.4 m91.7 m

    Goodwill

    2.2 b2.2 b2.6 b2.6 b

    Total Assets

    3.4 b3.3 b4 b3.9 b

    Accounts Payable

    55.8 m56.8 m95.3 m62.9 m

    Short-term debt

    41.6 m39 m54 m54 m

    Current Liabilities

    422.6 m399.7 m565.2 m526.7 m

    Long-term debt

    1.2 b1 b1.4 b1.2 b

    Total Debt

    1.3 b1.1 b1.5 b1.2 b

    Total Liabilities

    2 b1.8 b2.4 b2.1 b

    Additional Paid-in Capital

    537.3 m548 m558.3 m569.1 m

    Retained Earnings

    1.4 b1.5 b1.7 b1.8 b

    Total Equity

    1.4 b1.5 b1.6 b1.8 b

    Debt to Equity Ratio

    0.9 x0.7 x0.9 x0.7 x

    Debt to Assets Ratio

    0.4 x0.3 x0.4 x0.3 x

    Financial Leverage

    2.5 x2.2 x2.5 x2.2 x

    Quarterly

    USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

    Cash

    29 m69 m34.8 m49.7 m72.7 m54.4 m67 m

    Accounts Receivable

    547 m561.1 m765.5 m727.2 m717.7 m726.3 m788.8 m

    Current Assets

    629.7 m675.7 m873.1 m860.7 m860.1 m854.4 m933.2 m

    PP&E

    61.3 m59.4 m81.8 m83.6 m86.4 m90.7 m94.9 m

    Goodwill

    2.2 b2.2 b2.6 b2.6 b2.6 b2.6 b2.6 b

    Total Assets

    3.2 b3.3 b4 b3.9 b3.9 b3.9 b4 b

    Accounts Payable

    48.4 m65.8 m112.1 m55 m39.3 m68.1 m125.1 m

    Short-term debt

    39 m39 m54 m54 m67.5 m54 m67.5 m

    Current Liabilities

    382 m399.3 m543.4 m502.1 m498.9 m520.6 m609.2 m

    Long-term debt

    954.9 m955.5 m1.4 b1.3 b1.3 b1.2 b1.1 b

    Total Debt

    993.9 m994.5 m1.5 b1.4 b1.4 b1.3 b1.2 b

    Total Liabilities

    1.7 b1.7 b2.4 b2.3 b2.2 b2.2 b2.1 b

    Additional Paid-in Capital

    550.3 m555.3 m555.4 m560.3 m565.1 m563.7 m562.9 m

    Retained Earnings

    1.6 b1.6 b1.6 b1.7 b1.7 b1.8 b1.9 b

    Total Equity

    1.5 b1.5 b1.6 b1.6 b1.7 b1.7 b1.8 b

    Debt to Equity Ratio

    0.7 x0.6 x0.9 x0.9 x0.8 x0.7 x0.6 x

    Debt to Assets Ratio

    0.3 x0.3 x0.4 x0.4 x0.3 x0.3 x0.3 x

    Financial Leverage

    2.1 x2.1 x2.5 x2.4 x2.3 x2.2 x2.2 x

    Cash Flow

    Annual

    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    135.9 m126.3 m142.8 m163.7 m

    Depreciation and Amortization

    65.2 m66.1 m64.8 m71.8 m

    Accounts Receivable

    91 m18.9 m(105 k)46.2 m

    Cash From Operating Activities

    198.6 m223.2 m242.6 m281.3 m

    Capital Expenditures

    (15.3 m)(17.4 m)(20.8 m)(43.3 m)

    Cash From Investing Activities

    (851.7 m)(31.4 m)(607.6 m)(24.8 m)

    Long-term Borrowings

    (902.8 m)(650.1 m)(660 m)(714.5 m)

    Cash From Financing Activities

    651.5 m(218.9 m)381.5 m(240 m)

    Net Change in Cash

    124 k(29.1 m)13.7 m16.5 m

    Interest Paid

    23.9 m33.5 m37.4 m45 m

    Income Taxes Paid

    52.3 m45.1 m55 m79.3 m

    Free Cash Flow

    183.4 m205.8 m221.7 m238 m

    Quarterly

    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

    Net Income

    31.3 m55.9 m85 m33.8 m64.1 m98.2 m36.7 m79.1 m119.4 m42 m

    Depreciation and Amortization

    17.2 m34 m50.1 m14.8 m29.5 m46.1 m18.1 m36.2 m53.9 m17.6 m

    Accounts Receivable

    47.1 m(7.4 m)15.8 m48.2 m35.2 m42.2 m63.3 m71.1 m62.4 m(30 m)

    Cash From Operating Activities

    111.7 m93.3 m190.4 m78.5 m134.7 m188.3 m57.8 m135.4 m216.5 m79.7 m

    Capital Expenditures

    (3.4 m)(7.3 m)(13.1 m)(4.5 m)(7.6 m)(13.2 m)(11.2 m)(21.8 m)(34.9 m)(7.5 m)

    Cash From Investing Activities

    (2.2 m)(6.2 m)(11.8 m)(8 m)(23.9 m)(600.9 m)4.6 m(8.1 m)(20.8 m)(7.7 m)

    Long-term Borrowings

    (105.9 m)(263.8 m)(498.1 m)(157.2 m)(229 m)(415 m)(222.5 m)(339 m)(552 m)(208.5 m)

    Cash From Financing Activities

    (73.3 m)(119.4 m)(207.2 m)(76.2 m)(75.8 m)413.6 m(61.2 m)(102.1 m)(189.1 m)(71.4 m)

    Net Change in Cash

    35.5 m(33.6 m)(30.9 m)(6.4 m)33.6 m(551 k)586 k23.6 m5.3 m1.5 m

    Interest Paid

    8.6 m16.8 m25.3 m8.4 m16.4 m26.3 m11.5 m22.5 m33.9 m10.5 m

    Income Taxes Paid

    (743 k)29 m41.7 m13.3 m28.2 m45.6 m23.1 m41.3 m57.7 m15.4 m

    Free Cash Flow

    108.4 m85.9 m177.3 m74 m127.1 m175.1 m46.5 m113.5 m181.5 m72.2 m

    Ratios

    USDY, 2017

    EV/EBIT

    66.6 x

    EV/CFO

    56.2 x

    EV/FCF

    62.1 x

    Revenue/Employee

    58.4 k

    Debt/Equity

    0.6 x

    Debt/Assets

    0.3 x

    Financial Leverage

    2.2 x

    Operating Metrics

    CACI's Backlog was reported to be $11.2 b in FY, 2017, which is a 2% increase from the previous period
    FY, 2015FY, 2016FY, 2017

    Backlog

    $9.6 b$11 b$11.2 b