£2.1 B

Cobham Revenue FY, 2019
Cobham Revenue growth (FY, 2018 - FY, 2019), %11%
Cobham Gross profit (FY, 2019)545.8 M
Cobham Gross profit margin (FY, 2019), %26.5%
Cobham Net income (FY, 2019)63.4 M
Cobham EBIT (FY, 2019)83.2 M
Cobham Cash, 31-Dec-2019419 M

Cobham Revenue

Cobham revenue was £2.06 b in FY, 2019 which is a 10.5% year over year increase from the previous period.

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Cobham Funding

Summary Metrics

Founding Date

1934

Cobham Revenue Breakdown

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Cobham revenue breakdown by business segment: 32.1% from Advanced Electronic Solutions, 25.0% from Communications and Connectivity, 15.6% from Aviation Services and 27.2% from Mission Systems

Cobham revenue breakdown by geographic segment: 7.2% from Asia, 10.7% from Australia, 14.8% from Other EU, 6.7% from UK, 57.3% from USA and 3.3% from Other

Cobham Income Statement

Annual

GBPFY, 2017FY, 2018FY, 2019

Revenue

2.1b1.9b2.1b

Revenue growth, %

6%(9%)11%

Cost of goods sold

1.5b1.5b1.5b

Gross profit

594.6m323.4m545.8m

Gross profit Margin, %

29%17%27%

Operating expense total

490.5m438.5m468.5m

EBIT

104.1m111.9m83.2m

EBIT margin, %

5%6%4%

Interest expense

40.6m22.0m23.5m

Interest income

3.9m4.5m5.1m

Pre tax profit

66.9m71.0m69.4m

Income tax expense

(11.9m)(2.7m)6.0m

Net Income

78.8m73.7m63.4m

EPS

0.00.00.0

Half Year

GBPH1, 2018H1, 2019

Revenue

924.5m1.0b

Cost of goods sold

714.6m744.1m

Gross profit

209.9m284.8m

Gross profit Margin, %

23%28%

Operating expense total

217.4m215.9m

EBIT

208.8m68.7m

EBIT margin, %

23%7%

Interest expense

13.3m11.7m

Interest income

4.2m2.8m

Pre tax profit

179.3m60.5m

Income tax expense

13.9m12.6m

Net Income

165.4m47.9m

Cobham Balance Sheet

Annual

GBPFY, 2016FY, 2017FY, 2018FY, 2019

Cash

236.2m451.9m406.9m419.0m

Accounts Receivable

307.5m235.7m259.1m222.0m

Inventories

405.3m389.4m276.0m269.0m

Current Assets

1.1b1.4b1.1b1.1b

PP&E

422.9m380.9m388.2m473.6m

Total Assets

2.8b2.8b2.6b2.5b

Accounts Payable

155.3m140.7m171.8m115.7m

Short-term debt

60.9m100.0k58.6m141.1m

Current Liabilities

864.0m770.5m862.4m851.7m

Long-term debt

1.2b835.3m338.0m171.3m

Non-Current Liabilities

1.4b994.6m543.8m440.0m

Total Debt

1.3b835.4m396.6m312.4m

Total Liabilities

2.3b1.8b1.4b1.3b

Common Stock

44.6m61.7m61.7m61.7m

Additional Paid-in Capital

778.3m1.3b1.3b1.3b

Retained Earnings

(372.0m)(284.0m)(161.7m)(161.7m)

Total Equity

489.9m1.0b1.2b1.2b

Debt to Equity Ratio

2.6 x0.8 x0.3 x0.3 x

Debt to Assets Ratio

0.5 x0.3 x0.2 x0.1 x

Financial Leverage

5.7 x2.7 x2.2 x2.1 x

Half Year

USDH1, 2017H1, 2018H1, 2019

Cash

482.5m333.7m393.7m

Inventories

415.8m275.3m288.0m

Current Assets

1.3b1.1b1.2b

PP&E

403.0m375.8m469.5m

Total Assets

2.9b2.5b2.6b

Short-term debt

57.9m12.5m229.4m

Current Liabilities

824.5m734.8m920.9m

Long-term debt

885.4m374.8m312.6m

Non-Current Liabilities

1.1b523.8m454.0m

Total Debt

943.3m387.3m542.0m

Total Liabilities

1.9b1.3b1.4b

Common Stock

61.7m61.7m61.7m

Additional Paid-in Capital

1.3b1.3b1.3b

Retained Earnings

(342.5m)(73.0m)(122.4m)

Total Equity

993.6m1.3b1.2b

Debt to Equity Ratio

0.9 x0.3 x0.4 x

Debt to Assets Ratio

0.3 x0.2 x0.2 x

Financial Leverage

2.9 x2 x2.1 x

Cobham Cash Flow

Annual

GBPFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

223.9m169.1m194.2m

Accounts Receivable

24.1m(13.9m)29.8m

Inventories

(26.7m)(10.9m)(2.3m)

Accounts Payable

71.1m20.7m(2.0m)

Cash From Operating Activities

215.2m125.3m188.1m

Purchases of PP&E

(69.0m)(63.4m)(73.4m)

Cash From Investing Activities

(75.5m)262.0m(68.7m)

Long-term Borrowings

(359.6m)(470.3m)(65.7m)

Dividends Paid

(100.0k)(9.5m)

Cash From Financing Activities

137.5m(470.3m)(75.2m)

Net Change in Cash

277.2m(83.0m)44.2m

Interest Paid

41.6m43.5m69.4m

Income Taxes Paid

32.2m25.5m37.6m

Half Year

GBPH1, 2017H1, 2018H1, 2019

Depreciation and Amortization

113.8m84.9m96.4m

Accounts Receivable

(40.0m)(10.0m)14.1m

Inventories

(22.4m)(16.4m)(10.0m)

Accounts Payable

27.0m(13.1m)(39.5m)

Cash From Operating Activities

129.5m30.2m12.2m

Purchases of PP&E

(21.7m)(20.6m)(27.7m)

Cash From Investing Activities

(27.1m)303.3m(22.3m)

Long-term Borrowings

(281.5m)(469.9m)(8.9m)

Dividends Paid

(91.6m)

Cash From Financing Activities

215.5m(469.9m)(8.9m)

Net Change in Cash

279.5m(136.4m)(19.0m)

Interest Paid

34.8m25.3m

Income Taxes Paid

17.0m59.1m

Cobham Ratios

GBPFY, 2016

Debt/Equity

2.6 x

Debt/Assets

0.5 x

Financial Leverage

5.7 x

Cobham Operating Metrics

FY, 2014H1, 2015FY, 2015H1, 2016FY, 2016H1, 2017FY, 2017H1, 2018FY, 2018H1, 2019

Countries

100100100100100

Order Intake

£1.91 b£960 m£2.15 b£1.17 b£2.08 b£915.8 m£1.92 b£1.03 b£1.95 b£970.2 m

Book-to-Bill Ratio

103%100%104%128%107%93%111%111%94%

Order Volume

£2.51 b£2.34 b£2.48 b£2.94 b£2.95 b£2.7 b

Twelve-Month Backlog

£1.13 b£1.3 b£1.37 b

Order Book (Advanced Electronic Solutions)

£630.1 m£606.4 m£679.5 m

Order Book (Aviation Services)

£1.04 b£1.07 b£1.44 b£1.28 b£1 b£877.5 m

Order Book (Communications and Connectivity)

£263.4 m£284.1 m£268.8 m

Order Book (Mission Systems)

£646.1 m£762 m£785.8 m

Order Intake (Advanced Electronic Solutions)

£257.2 m£563 m£379.6 m£721.6 m£346.6 m

Order Intake (Aviation Services)

£86 m£122.4 m£74.8 m£228.7 m£47.9 m

Order Intake (Communications and Connectivity)

£354.5 m£715.2 m£336.2 m£597.1 m£254.6 m

Order Intake (Mission Systems)

£219.6 m£518.2 m£237.1 m£400.5 m£321.8 m

Cobham Employee Rating

3.1675 votes
Culture & Values
2.5
Work/Life Balance
2.9
Senior Management
2.2
Salary & Benefits
2.8
Career Opportunities
2.5
Source