Houghton Mifflin Harcourt market cap is $1.7 b, and annual revenue was $1.03 b in FY 2020

Houghton Mifflin Harcourt Gross profit (Q2, 2021)155.3 M

Houghton Mifflin Harcourt Gross profit margin (Q2, 2021), %50.3%

Houghton Mifflin Harcourt Net income (Q2, 2021)218.6 M

Houghton Mifflin Harcourt EBIT (Q2, 2021)22.8 M

Houghton Mifflin Harcourt Cash, 30-Jun-2021146.5 M

Houghton Mifflin Harcourt EV2.1 B

Houghton Mifflin Harcourt revenue was $1.03 b in FY, 2020 which is a 25.8% year over year decrease from the previous period.

Houghton Mifflin Harcourt revenue breakdown by business segment: 81.4% from Education and 18.6% from HMH Books & Media

Houghton Mifflin Harcourt revenue breakdown by geographic segment: 96.7% from USA and 3.3% from Other

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Revenue | 1.4b | 1.3b | 1.4b | 1.0b |

| (6%) | 5% | (26%) | |

## Cost of goods sold | 790.1m | 725.4m | 844.2m | 644.1m |

## Gross profit | 617.4m | 597.0m | 546.5m | 387.2m |

| 44% | 45% | 39% | 38% |

## General and administrative expense | 654.9m | 649.3m | 662.6m | 478.1m |

## Operating expense total | 731.0m | 687.5m | 709.7m | 816.3m |

## Depreciation and amortization | 30.7m | 26.9m | 25.3m | 25.6m |

## EBIT | (113.5m) | (90.5m) | (163.2m) | (429.1m) |

| (8%) | (7%) | (12%) | (42%) |

## Interest expense | 42.8m | 45.7m | 48.8m | 66.0m |

## Interest income | 1.3m | 2.6m | 3.2m | 899.0k |

## Pre tax profit | (153.6m) | (131.9m) | (209.6m) | (492.2m) |

## Income tax expense | (50.4m) | 5.6m | 4.2m | (12.4m) |

## Net Income | (103.2m) | (94.2m) | (213.8m) | (479.8m) |

## EPS | (0.8) | (0.8) | (1.7) | (3.8) |

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Cash | 149.0m | 253.4m | 296.4m | 281.2m |

## Accounts Receivable | 201.1m | 203.6m | 184.4m | 152.8m |

## Prepaid Expenses | 29.9m | 15.3m | 19.3m | 19.9m |

## Inventories | 154.6m | 184.2m | 213.1m | 167.0m |

## Current Assets | 621.1m | 706.3m | 713.1m | 620.9m |

## PP&E | 153.9m | 125.9m | 100.4m | 93.2m |

## Goodwill | 783.1m | 716.1m | 717.0m | 438.0m |

## Total Assets | 2.6b | 2.5b | 2.5b | 2.0b |

## Accounts Payable | 61.5m | 76.3m | 52.1m | 49.1m |

## Short-term debt | 8.0m | 8.0m | 27.7m | 28.7m |

## Current Liabilities | 504.2m | 487.7m | 555.2m | 551.8m |

## Long-term debt | 760.2m | 755.6m | 773.2m | 756.7m |

## Total Debt | 768.2m | 763.6m | 800.9m | 785.4m |

## Total Liabilities | 1.8b | 1.7b | 1.9b | 1.9b |

## Common Stock | 1.5m | 1.5m | 1.5m | 1.5m |

## Additional Paid-in Capital | 4.9b | 4.9b | 4.9b | 4.9b |

## Retained Earnings | (3.5b) | (3.6b) | (3.8b) | (4.3b) |

## Total Equity | 795.2m | 768.5m | 566.4m | 90.5m |

## Debt to Equity Ratio | 1 x | 1 x | 1.4 x | 8.7 x |

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x | 0.4 x |

## Financial Leverage | 3.2 x | 3.2 x | 4.4 x | 22.3 x |

USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|

## Net Income | (103.2m) | (94.2m) | (213.8m) | (479.8m) |

## Depreciation and Amortization | 278.5m | 250.5m | 272.7m | 236.5m |

## Accounts Receivable | 14.9m | (11.0m) | 19.2m | 31.6m |

## Inventories | 7.8m | (33.5m) | (28.8m) | 46.1m |

## Accounts Payable | (7.1m) | 16.1m | (12.1m) | (34.9m) |

## Cash From Operating Activities | 135.1m | 114.9m | 255.0m | 115.2m |

## Purchases of PP&E | (58.3m) | (53.7m) | (37.6m) | (50.9m) |

## Cash From Investing Activities | (204.9m) | (6.4m) | (96.3m) | (112.3m) |

## Long-term Borrowings | (8.0m) | (58.0m) | (832.0m) | (169.0m) |

## Cash From Financing Activities | (7.3m) | (4.1m) | (115.7m) | (18.1m) |

## Net Change in Cash | (77.1m) | 104.4m | 43.0m | (15.2m) |

## Interest Paid | 38.3m | 41.8m | 41.1m | 52.9m |

## Income Taxes Paid | 715.0k | 430.0k | 671.0k | 1.9m |

USD | FY, 2017 |
---|---|

## Revenue/Employee | 370.4k |

## Debt/Equity | 1 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 3.2 x |