Eurofins (ERF.PA) stock price, revenue, and financials

Eurofins market cap is €16.1 b, and annual revenue was €5.44 b in FY 2020

€16.1 B

ERF.PA Mkt cap, 04-Jun-2021

€5.4 B

Eurofins Revenue FY, 2020
Eurofins Revenue growth (FY, 2019 - FY, 2020), %19%
Eurofins Gross profit (FY, 2020)3.7 B
Eurofins Gross profit margin (FY, 2020), %67.9%
Eurofins Net income (FY, 2020)540.5 M
Eurofins EBITDA (FY, 2020)1.4 B
Eurofins EBIT (FY, 2020)800.3 M
Eurofins Cash, 31-Dec-2020912.4 M
Eurofins EV18.3 B

Eurofins Revenue

Eurofins revenue was €5.44 b in FY, 2020 which is a 19.2% year over year increase from the previous period.

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Eurofins Revenue Breakdown

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Eurofins revenue breakdown by business segment: 5.9% from Study-Based Business, 88.0% from Sample-Based usiness and 6.1% from Other

Eurofins revenue breakdown by geographic segment: 57.8% from Europe, 34.7% from North America and 7.5% from Rest of the World

Eurofins Income Statement

Annual

EURFY, 2018FY, 2019FY, 2020

Revenue

3.8b4.6b5.4b

Revenue growth, %

27%21%19%

Cost of goods sold

1.3b1.5b1.7b

Gross profit

2.4b3.1b3.7b

Gross profit Margin, %

64%67%68%

General and administrative expense

1.8b2.2b2.3b

Operating expense total

2.0b2.6b2.8b

Depreciation and amortization

223.7m395.9m426.0m

EBITDA

651.4m833.0m1.4b

EBITDA margin, %

17%18%25%

EBIT

344.0m366.6m800.3m

EBIT margin, %

9%8%15%

Interest expense

61.5m93.8m94.8m

Pre tax profit

289.8m271.5m694.4m

Income tax expense

66.3m76.3m153.9m

Net Income

223.6m195.3m540.5m

EPS

12.210.52.8

Half Year

EURH1, 2018H1, 2019H1, 2020

Revenue

1.7b2.2b2.3b

Depreciation and amortization

104.9m182.2m199.7m

EBITDA

287.8m370.9m458.6m

EBITDA margin, %

17%17%20%

EBIT

142.1m132.2m199.5m

EBIT margin, %

8%6%9%

Pre tax profit

122.5m88.1m150.6m

Income tax expense

31.7m30.0m56.0m

Net Income

90.9m58.2m94.6m

EPS

4.93.25.0

Eurofins Balance Sheet

Annual

EURFY, 2018FY, 2019FY, 2020

Cash

506.2m297.0m912.4m

Accounts Receivable

864.9m853.8m993.4m

Prepaid Expenses

42.7m42.5m59.6m

Inventories

66.4m79.3m157.0m

Current Assets

1.7b1.6b2.5b

PP&E

1.0b1.6b1.6b

Goodwill

3.4b3.6b3.5b

Total Assets

7.2b7.8b8.6b

Accounts Payable

373.0m409.8m542.0m

Short-term debt

391.1m454.8m237.6m

Current Liabilities

1.5b1.6b1.7b

Long-term debt

2.8b3.1b2.9b

Non-Current Liabilities

3.0m3.3b3.2b

Total Debt

3.2b3.5b3.2b

Total Liabilities

4.5b4.9b4.9b

Common Stock

1.8m1.8m1.9m

Retained Earnings

659.2m718.9m718.9m

Total Equity

2.7b2.9b3.7b

Debt to Equity Ratio

1.2 x1.2 x0.8 x

Debt to Assets Ratio

0.4 x0.5 x0.4 x

Financial Leverage

2.6 x2.7 x2.3 x

Half Year

EURH1, 2018H1, 2019H1, 2020

Cash

559.0m304.6m615.4m

Accounts Receivable

730.7m913.7m

Inventories

53.2m74.4m123.9m

Current Assets

1.6b1.6b1.9b

PP&E

792.6m1.5b1.6b

Goodwill

2.7b3.6b3.6b

Total Assets

5.9b7.7b8.1b

Accounts Payable

305.4k376.4m389.0m

Short-term debt

526.6m881.7m267.4m

Current Liabilities

1.5b2.0b1.4b

Long-term debt

1.7b2.9b2.9b

Non-Current Liabilities

1.9b2.9b3.2b

Total Debt

2.2b3.8b3.2b

Total Liabilities

3.4b4.9b4.6b

Common Stock

1.8m1.8m1.9m

Retained Earnings

556.6m597.8m821.4m

Total Equity

2.6b2.7b3.5b

Debt to Equity Ratio

0.9 x1.4 x0.9 x

Debt to Assets Ratio

0.4 x0.5 x0.4 x

Financial Leverage

2.3 x2.8 x2.3 x

Eurofins Cash Flow

Annual

EURFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

223.7m395.9m426.0m

Accounts Receivable

(159.2m)(136.2m)137.8m

Inventories

(14.6m)(12.9m)(77.7m)

Accounts Payable

71.1m36.8m132.2m

Cash From Operating Activities

543.9m677.9m1.2b

Purchases of PP&E

(322.2m)(380.8m)(310.8m)

Cash From Investing Activities

(1.6b)(540.2m)(525.0m)

Long-term Borrowings

(367.0m)(445.0m)(1.5b)

Dividends Paid

(42.6m)(51.4m)

Cash From Financing Activities

691.1m(342.2m)(48.6m)

Net Change in Cash

(321.0m)(200.5m)616.0m

Interest Paid

4.3m93.3m67.8m

Income Taxes Paid

67.8m95.0m94.0m

Half Year

EURH1, 2018H1, 2019H1, 2020

Depreciation and Amortization

104.9m182.2m199.7m

Cash From Operating Activities

217.8m232.0m445.0m

Purchases of PP&E

(151.8m)(141.0m)(113.0m)

Cash From Investing Activities

(383.8m)(223.0m)(205.3m)

Long-term Borrowings

(45.1m)(239.7m)(999.4m)

Dividends Paid

(439.0k)(238.0k)

Cash From Financing Activities

(100.9m)(226.2m)84.6m

Net Change in Cash

(265.4m)(212.2m)319.0m

Interest Paid

31.5m50.8m41.2m

Income Taxes Paid

36.6m50.3m17.7m

Eurofins Ratios

EURH1, 2018

Revenue/Employee

50.5k

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.3 x

Eurofins Operating Metrics

FY, 2017FY, 2018FY, 2019FY, 2020

Analytical Methods

150 k200 k200 k200 k

Business Sites

1.3 k1.4 k1.4 k

Countries

44475050

Facility Space, sq. m

1.25 m1.35 m1.4 m

Laboratories

400800800800

Laboratory Space, sq. m.

1 m1 m1.2 m

Tests Performed Annually

400 m450 m

Eurofins Human Capital

Ethnicity

FY, 2019FY, 2018
Asian, percent7%6%
White, percent82%82%
Other11%12%