First Midwest Financials

$2.6 B

Mkt cap, 16-Feb-2018
Net income (Q3, 2017)38.2 M
EBIT (Q3, 2017)109.8 M

Market Value

Revenue/Financials

Income Statement

Annual

USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

287.2 m299.9 m336 m378.3 m

Revenue growth, %

4%12%13%

Cost of goods sold

24.4 m28.6 m

Gross profit

311.6 m349.7 m

Gross profit Margin, %

93%92%

EBIT

128 m100.5 m119.8 m318.7 m

EBIT margin, %

45%34%36%84%

Interest expense

39.9 m34.9 m27.1 m23 m24.4 m

Pre tax profit

119.8 m138.5 m

Income tax expense

(28.5 m)4.5 m(28.9 m)48.7 m31.2 m37.7 m46.2 m

Net Income

79.3 m69.3 m82.1 m92.3 m

    Quarterly

    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Revenue

    118.5 m119.3 m123.5 m134.4 m144 b163.7 m171.5 m

    Cost of goods sold

    5.7 m6.4 m6.8 m6.6 m6.9 b8.5 m8.9 m

    Gross profit

    112.9 m112.9 m116.6 m127.8 m137.1 b155.1 m162.5 m

    Gross profit Margin, %

    95%95%94%95%95%95%95%

    Sales and marketing expense

    40.3 m41.4 m44.6 m46.3 m46.4 b55.8 m54.6 m

    Operating expense total

    73.5 m74.4 m82.6 m81.4 m82.9 b116.6 m99.8 m

    EBIT

    78.9 m77.9 m73.1 m81.9 m81 b110.3 m109.3 m109.8 m

    EBIT margin, %

    67%65%59%61%56%67%64%

    Pre tax profit

    33.4 m34.5 m26.5 m38.4 m43.9 b33.6 m54.5 m

    Income tax expense

    10.9 m11.2 m8.5 m13.1 m15.5 b10.7 m19.6 m17.7 m

    Net Income

    29.3 m17.7 m18.5 m18.5 m19.9 m22.6 m23.3 m18 m25.3 m28.4 b22.9 m35 m38.2 m

      Balance Sheet

      Annual

      USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

      Cash

      585.8 m641.5 m716.3 m587.2 m606.3 m381.2 m155.1 m

      Inventories

      8.3 b

      Total Assets

      9.7 b11.4 b

      Accounts Payable

      8.8 b

      Total Liabilities

      10.2 b

      Common Stock

      882 k913 k

      Additional Paid-in Capital

      446.7 m498.9 m

      Retained Earnings

      953.5 m1 b

      Total Equity

      1.1 b1.3 b

      Financial Leverage

      8.5 x9.1 x

        Quarterly

        USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

        Cash

        135.5 m125.3 m135 m150 m139.5 m174.3 m181.2 m

        Inventories

        7.8 b8 b8.2 b10.1 b10.2 b

        Total Assets

        9.9 b9.9 b10.7 b11 b11.6 b13.8 b14 b14.3 b

        Accounts Payable

        8.2 b8.3 b8.8 b9 b9.1 b11 b11 b

        Total Liabilities

        8.7 b8.8 b9.5 b9.7 b10.3 b12 b12.1 b12.4 b

        Common Stock

        882 k882 k913 k913 k913 k1.1 m1.1 m1.1 m

        Additional Paid-in Capital

        443.6 m445 m493.2 m495.2 m496.9 m1 b1 b1 b

        Retained Earnings

        927.9 m944.2 m964.3 m982.3 m1 b1 b1.1 b1.1 b

        Total Equity

        1.1 b1.1 b1.2 b1.3 b1.3 b1.8 b1.8 b1.9 b

        Financial Leverage

        8.8 x8.7 x8.8 x8.8 x9.1 x7.6 x7.6 x7.6 x

          Cash Flow

          Annual

          USDFY, 2013FY, 2014FY, 2015FY, 2016

          Net Income

          79.3 m69.3 m82.1 m92.3 m

          Cash From Operating Activities

          (129 m)19 m158.5 m121 m

          Cash From Investing Activities

          (498.4 m)(1 b)

          Dividends Paid

          (27 m)(29.2 m)

          Cash From Financing Activities

          114.8 m809.2 m

          Income Taxes Paid

          25 m57.6 m

            Quarterly

            USDQ3, 2013Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017

            Net Income

            18.5 m18.5 m19.9 m22.6 m23.3 m18 m25.3 m28.4 b22.9 m38.2 m

            Accounts Receivable

            28.2 m

            Cash From Operating Activities

            63.7 m94.3 m9.9 m

            Cash From Investing Activities

            (83.9 m)(171.3 m)(384.1 m)

            Dividends Paid

            (13.2 m)(20.1 m)(6.9 m)

            Cash From Financing Activities

            360.8 m418.3 m299.4 m

            Income Taxes Paid

            8 m12.8 m2.4 m

              Ratios

              Y, 2017

              Financial Leverage

              7.6 x

              Operating Metrics

              First Midwest's Total Loans was reported to be $10.2 b in Q2, 2017