Farmer Brothers

Farmer Brothers is a leading national coffee roaster, wholesaler and distributor of coffee, tea and culinary products. Our product lines incorporate organic, fair trade and sustainably produced coffee beans. The Company’s portfolio features a wide range of coffees including Artisan Collection™, Metropolitan™, Superior®, Cain’s™ and McGarvey®.

With a full line of hot and iced teas, spices, mixes and coffee/tea brewing equipment, Farmer Brothers delivers comprehensive beverage planning services to its 65,000+ customers across the US. Our Company is a direct distributor to restaurants, hotels, casinos, offices, quick service restaurants (“QSR's”), convenience stores, healthcare facilities and other foodservice providers, as well as private brand retailers. 

To meet our customers' needs we carry hundreds of items including roasted coffee, liquid coffee, coffee related products such as coffee filters, sugar and creamers, assorted teas, cappuccino, cocoa, spices, gelatins and puddings, soup, salad dressings, pancake and biscuit mixes, and jellies and preserves. Approximately 50% of our total sales are from roasted coffee products. We distribute our products through direct and brokered sales, primarily through our “off-the-truck” distribution network, to our foodservice customers at their places of business. Our signature fleet of vehicles can be seen throughout the 48 contiguous United States. 

Our mission is to “sell great coffee and culinary products and provide superior service one customer at a time.” We also provide private brand specialty coffee programs to retailers through our independent, wholly-owned subsidiary, Coffee Bean International (CBI), one of the nation’s leading specialty coffee roasters.

Type
Public
HQ
Fort Worth, US
Founded
1912
Size (employees)
1,634 (est)-8%
Farmer Brothers was founded in 1912 and is headquartered in Fort Worth, US

Farmer Brothers Office Locations

Farmer Brothers has an office in Fort Worth
Fort Worth, US (HQ)
200 13601 N Fwy Service Rd E

Farmer Brothers Metrics

Farmer Brothers Financial Metrics

Farmer Brothers's revenue was reported to be $544.4 m in FY, 2016 which is a 0% decrease from the previous period.

Revenue (FY, 2016)

$544.4 m

Revenue growth (FY, 2015 - FY, 2016), %

(0%)

Gross profit (FY, 2016)

$208.5 m

Gross profit margin (FY, 2016), %

38%

Net income (FY, 2016)

$89.9 m

EBIT (FY, 2016)

$8.2 m

Market capitalization (19-May-2017)

$512.3 m

Closing share price (19-May-2017)

$30.1

Cash (31-Dec-2016)

$21.1 m
Farmer Brothers's current market capitalization is $512.3 m.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$128.8 m$528.4 m$545.9 m$544.4 m

Revenue growth, %

310%3%(0%)

Cost of goods sold

$254.7 m$306.5 m$332.3 m$328.7 m$332.5 m$348.8 m$335.9 m

Gross profit

($199.9 m)$195.9 m$197 m$208.5 m

Gross profit Margin, %

(155%)37%36%38%

Operating expense total

$187 m$193.8 m$200.3 m

EBIT

($2.7 m)$8.9 m$3.3 m$8.2 m

EBIT margin, %

(2%)2%1%2%

Interest expense

$986 k$2 m$2.1 m$1.8 m$1.3 m$769 k$425 k

Interest income

$92 k$381 k$496 k

Pre tax profit

$9.9 m

Income tax expense

($2.5 m)($13.4 m)($347 k)($825 k)$705 k$402 k($80 m)

Net Income

$3 m$12.1 m$652 k$89.9 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016

Cash

$20 m$4.1 m$6.1 m$3.5 m$5.5 m$12 m$15.2 m$21.1 m

Accounts Receivable

Inventories

$60.9 m$71 m$50.5 m$46.4 m

Current Assets

$139.7 m$157.5 m$135.7 m$153.4 m

PP&E

$92.2 m$95.6 m$90.2 m$118.4 m

Goodwill

$6.7 m$6.5 m

Total Assets

$244.1 m$266.2 m$240.9 m$369 m

Accounts Payable

$27.7 m$44.3 m$27 m$23.9 m

Current Liabilities

$76.6 m$76.9 m$64.9 m$56.8 m

Additional Paid-in Capital

$34.7 m$35.9 m$38.1 m$39.1 m

Retained Earnings

$94.1 m$106.2 m$106.9 m$196.8 m

Total Equity

$81.8 m$90 m$182.6 m

Financial Leverage

3 x2.7 x2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$3 m$12.1 m$652 k$89.9 m

Depreciation and Amortization

$8.3 m$27.3 m$24.2 m$20.8 m

Accounts Receivable

Inventories

($3.9 m)($14 m)$20.5 m$3.6 m

Accounts Payable

$2.3 m$17.5 m($16.8 m)($3.3 m)

Cash From Operating Activities

$3.7 m$52.9 m$26.9 m$27.6 m

Purchases of PP&E

($3.6 m)($25.3 m)($19.2 m)($31.1 m)

Cash From Investing Activities

$214 k($20.7 m)($20.1 m)($39.5 m)

Cash From Financing Activities

($5.2 m)($22.8 m)($3.6 m)$17.8 m

Interest Paid

$1.3 m$769 k$425 k

Income Taxes Paid

$361 k$858 k$324 k
Y, 2016

Revenue/Employee

$305.1 k

Financial Leverage

2 x

Farmer Brothers Market Value History

Farmer Brothers Online Presence

Farmer Brothers Company Life

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