Gannett (GCI) stock price, revenue, and financials

Gannett market cap is $181 m, and annual revenue was $2.92 b in FY 2018

$181 M

GCI Mkt cap, 22-May-2020

$635.6 M

Gannett Revenue Q3, 2019
Gannett Gross profit (Q3, 2019)239.4 M
Gannett Gross profit margin (Q3, 2019), %37.7%
Gannett Net income (Q3, 2019)10.6 M
Gannett EBIT (Q3, 2019)25.6 M
Gannett Cash, 30-Sept-2019101.4 M
Gannett EV372.7 M

Gannett Revenue

Gannett revenue was $2.92 b in FY, 2018 which is a 7.3% year over year decrease from the previous period.

Embed Graph

Gannett Revenue Breakdown

Embed Graph

Gannett revenue breakdown by business segment: 14.1% from ReachLocal, 87.8% from Publishing and -1.9% from Other

Gannett Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

3.0b3.1b2.9b

Revenue growth, %

6%3%(7%)

Cost of goods sold

2.0b2.0b1.8b

Gross profit

1.1b1.2b1.1b

Gross profit Margin, %

35%38%38%

General and administrative expense

807.4m836.3m808.5m

Operating expense total

998.5m1.1b1.1b

Depreciation and amortization

133.0m191.9m157.7m

EBIT

67.6m28.8m

EBIT margin, %

2%1%

Interest expense

12.8m17.1m24.7m

Pre tax profit

66.4m40.7m30.2m

Income tax expense

13.7m33.8m15.1m

Net Income

52.7m6.9m15.0m

Gannett Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

114.3m120.6m93.6m

Accounts Receivable

358.0m352.5m343.6m

Prepaid Expenses

30.0m55.9m60.7m

Inventories

40.4m30.2m44.6m

Current Assets

603.5m589.8m580.6m

PP&E

1.1b933.3m796.0m

Goodwill

698.3m737.7m779.6m

Total Assets

2.8b2.6b2.5b

Accounts Payable

438.7m387.4m387.0m

Current Liabilities

572.0m510.2m551.6m

Long-term debt

355.0m

Non-Current Liabilities

1.4b1.0b891.7m

Total Debt

355.0m

Total Liabilities

2.0b1.6b1.4b

Common Stock

1.2m1.2m

Additional Paid-in Capital

1.8b1.8b1.8b

Retained Earnings

1.3m(64.2m)(121.4m)

Total Equity

856.8m1.0b1.0b

Debt to Equity Ratio

0.3 x

Debt to Assets Ratio

0.1 x

Financial Leverage

3.3 x2.5 x2.4 x

Gannett Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

52.7m6.9m15.0m

Depreciation and Amortization

133.0m191.9m157.7m

Accounts Receivable

28.1m(3.8m)16.1m

Inventories

(7.5m)10.6m(14.4m)

Accounts Payable

(22.5k)(22.2m)(13.9m)

Cash From Operating Activities

236.5m157.5m

Purchases of PP&E

(60.0m)(72.3m)(63.1m)

Cash From Investing Activities

(519.1m)(87.6m)(128.5m)

Short-term Borrowings

(45.0m)(220.0m)

Long-term Borrowings

195.3m

Dividends Paid

92.5m(72.3m)(72.3m)

Cash From Financing Activities

271.4m(141.8m)(57.9m)

Net Change in Cash

(82.4m)6.3m

Quarterly

USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(2.1m)(2.6m)20.5m(377.0k)15.9m29.3m(11.9m)14.8m25.5m

Depreciation and Amortization

46.8m98.7m148.5m40.3m78.6m117.1m37.0m72.5m104.8m

Accounts Receivable

34.5m

Accounts Payable

(59.0m)

Cash From Operating Activities

31.1m129.5m163.7m65.2m80.5m141.4m37.5m35.6m99.9m

Purchases of PP&E

(41.3m)

Capital Expenditures

(15.0m)(29.8m)(46.9m)(13.5m)(27.5m)(43.9m)(12.6m)(25.9m)

Cash From Investing Activities

(19.2m)(60.5m)(67.6m)(8.0m)(5.3m)(149.5m)(11.7m)(16.9m)(15.5m)

Short-term Borrowings

(70.0m)

Long-term Borrowings

(15.0m)(15.0m)(25.0m)(12.3m)52.0m52.1m(5.0m)

Dividends Paid

(18.2m)(36.4m)(54.4m)(18.1m)(36.1m)(54.2m)(18.3m)(36.7m)(55.0m)

Cash From Financing Activities

(36.6m)(54.8m)(100.6m)(33.0m)13.0m(5.5m)(29.6m)(43.0m)(76.7m)

Net Change in Cash

(24.8m)12.6m(4.4m)25.2m89.4m(11.6m)(3.4m)(24.1m)8.9m

Interest Paid

5.8m9.2m12.1m3.1m4.1m5.4m1.7m8.1m9.7m

Income Taxes Paid

(1.6m)(16.5m)(15.6m)687.0k5.2m5.7m(1.2m)(327.0k)(559.0k)

Free Cash Flow

16.0m99.7m116.8m51.6m53.0m97.6m25.0m9.7m

Gannett Ratios

USDY, 2019

EV/EBIT

14.6 x

EV/CFO

3.7 x

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.4 x

Gannett Operating Metrics

FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q2, 2019

Average Daily Circulation (Monday through Saturday, US)

5 m5 m

Average Daily Circulation (Sundays, US)

11 m11 m

Average Daily Circulation (UK)

5.50 m5.70 m8 m

Average Daily Circulation (USA TODAY, Monday to Friday)

2.60 m1.60 m

Average Monthly Unique Visitors

100 m100 m107 m118 m110 m114.50 m117 m126 m

Average Monthly Unique Visitors (UK)

26.30 m25.30 m

Average Monthly Unique Visitors (US)

43 m45 m

Average Monthly Unique Visitors (USA TODAY)

93 m81 m

Daily Newspaper's Circulation

4 m3.60 m

Digital Subscribers

250 k290 k312 k340.81 k382 k413 k472 k504 k561 k

Markets

100 120 120 120 120

Mobile Applications Downloaded

25.70 m25.70 m26 m27 m27.70 m27 m28 m

Gannett Employee Rating

3.21416 votes
Culture & Values
3.1
Work/Life Balance
3.4
Senior Management
2.9
Salary & Benefits
3.2
Career Opportunities
2.9
Source