Meggitt market cap is £3.9 b, and annual revenue was £1.68 b in FY 2020

Meggitt Revenue growth (FY, 2019 - FY, 2020), %(26%)

Meggitt Gross profit (FY, 2020)483.5 M

Meggitt Gross profit margin (FY, 2020), %28.7%

Meggitt Net income (FY, 2020)-314.2 M

Meggitt EBIT (FY, 2020)-297.3 M

Meggitt Cash, 31-Dec-2020178.6 M

Meggitt EV4.6 B

Meggitt revenue was £1.68 b in FY, 2020 which is a 26% year over year decrease from the previous period.

Meggitt revenue breakdown by business segment: 47.0% from Airframe Systems, 13.8% from Engine Systems, 19.8% from Energy & Equipment and 19.3% from Services & Support

Meggitt revenue breakdown by geographic segment: 70.3% from United States of America, 18.5% from Rest of Europe, 8.9% from UK and 2.3% from Other

GBP | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Revenue | 2.1b | 2.3b | 1.7b |

| 3% | 9% | (26%) |

## Cost of goods sold | 1.3b | 1.5b | 1.2b |

## Gross profit | 760.5m | 818.2m | 483.5m |

| 37% | 36% | 29% |

## R&D expense | 138.3m | 118.5m | 97.9m |

## Operating expense total | 503.9m | 541.9m | 818.3m |

## EBIT | 256.6m | 325.3m | (297.3m) |

| 12% | 14% | (18%) |

## Interest expense | 34.3m | 35.6m | 31.8m |

## Interest income | 1.4m | 100.0k | |

## Pre tax profit | 216.1m | 286.7m | (334.0m) |

## Income tax expense | 37.1m | 64.1m | (19.8m) |

## Net Income | 179.0m | 222.6m | (314.2m) |

## EPS | 0.2 | 0.3 | (0.4) |

GBP | H1, 2018 | H1, 2019 | H1, 2020 |
---|---|---|---|

## Revenue | 952.2m | 1.1b | 916.8m |

## Cost of goods sold | 607.8m | 697.0m | 656.6m |

## Gross profit | 344.4m | 373.9m | 260.2m |

| 36% | 35% | 28% |

## R&D expense | 65.7m | 64.9m | 55.7m |

## Operating expense total | 220.6m | 282.5m | 644.3m |

## EBIT | 123.8m | 91.4m | (348.7m) |

| 13% | 9% | (38%) |

## Interest expense | 16.0m | 16.6m | 17.2m |

## Interest income | 100.0k | 100.0k | |

## Pre tax profit | 105.2m | 72.6m | (368.4m) |

## Income tax expense | 14.8m | 16.0m | (24.1m) |

## Net Income | 90.4m | 56.6m | (344.3m) |

## EPS | 0.1 | 0.1 | (0.4) |

GBP | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Cash | 181.9m | 155.3m | 178.6m |

## Accounts Receivable | 344.1m | 330.4m | 198.8m |

## Prepaid Expenses | 23.1m | 18.2m | 12.5m |

## Inventories | 441.2m | 489.8m | 426.9m |

## Current Assets | 1.1b | 1.1b | 937.0m |

## PP&E | 404.0m | 449.4m | 458.8m |

## Goodwill | 2.0b | 2.0b | 1.5b |

## Total Assets | 4.9b | 4.7b | 4.0b |

## Accounts Payable | 195.0m | 222.0m | 131.4m |

## Short-term debt | 26.3m | 235.8m | 25.2m |

## Current Liabilities | 618.0m | 885.1m | 487.3m |

## Long-term debt | 1.2b | 830.7m | 926.4m |

## Non-Current Liabilities | 1.7b | 1.4b | 1.5b |

## Total Debt | 1.3b | 1.1b | 951.6m |

## Total Liabilities | 2.4b | 2.3b | 2.0b |

## Common Stock | 38.8m | 38.8m | 39.0m |

## Additional Paid-in Capital | 1.2b | 1.2b | 1.2b |

## Retained Earnings | 720.2m | 750.4m | 402.4m |

## Total Equity | 2.5b | 2.5b | 2.0b |

## Debt to Equity Ratio | 0.5 x | 0.4 x | 0.5 x |

## Debt to Assets Ratio | 0.3 x | 0.2 x | 0.2 x |

## Financial Leverage | 1.9 x | 1.9 x | 2 x |

GBP | H1, 2018 | H1, 2019 | H1, 2020 |
---|---|---|---|

## Cash | 103.7m | 116.4m | 236.9m |

## Inventories | 452.7m | 492.2m | 521.2m |

## Current Assets | 1.0b | 1.1b | 1.2b |

## PP&E | 405.3m | 409.0m | 485.4m |

## Goodwill | 2.0b | 2.0b | 1.7b |

## Total Assets | 4.7b | 4.8b | 4.5b |

## Short-term debt | 77.3m | 127.7m | 279.4m |

## Current Liabilities | 632.3m | 694.9m | 800.2m |

## Long-term debt | 1.1b | 1.1b | 957.7m |

## Non-Current Liabilities | 1.7b | 1.7b | 1.6b |

## Total Debt | 1.2b | 1.2b | 1.2b |

## Total Liabilities | 2.3b | 2.4b | 2.4b |

## Common Stock | 38.8m | 38.8m | 39.0m |

## Additional Paid-in Capital | 1.2b | 1.2b | 1.2b |

## Retained Earnings | 688.2m | 646.6m | 363.0m |

## Total Equity | 2.4b | 2.4b | 2.2b |

## Debt to Equity Ratio | 0.5 x | 0.5 x | 0.6 x |

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

## Financial Leverage | 2 x | 2 x | 2.1 x |

GBP | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|

## Net Income | 179.0m | 222.6m | (314.2m) |

## Depreciation and Amortization | 185.8m | 195.7m | 197.3m |

## Accounts Receivable | 17.2m | 20.4m | 115.0m |

## Inventories | (33.5m) | (75.6m) | 39.8m |

## Accounts Payable | 30.0m | 29.3m | (146.2m) |

## Cash From Operating Activities | 295.3m | 366.9m | 154.2m |

## Purchases of PP&E | (52.6m) | (77.2m) | (80.8m) |

## Cash From Investing Activities | (96.0m) | (49.7m) | (22.0m) |

## Long-term Borrowings | (81.1m) | (229.2m) | (721.2m) |

## Dividends Paid | (124.2m) | (130.4m) | |

## Cash From Financing Activities | (142.4m) | (340.3m) | (101.2m) |

## Net Change in Cash | 56.9m | (23.1m) | 31.0m |

## Interest Paid | 33.1m | 34.9m | 32.2m |

## Income Taxes Paid | 20.0m | 14.4m | 42.1m |

GBP | H1, 2018 | H1, 2019 | H1, 2020 |
---|---|---|---|

## Net Income | 90.4m | 56.6m | (344.3m) |

## Depreciation and Amortization | 91.7m | 96.3m | 450.6m |

## Cash From Operating Activities | 88.2m | 85.2m | (50.5m) |

## Purchases of PP&E | (29.4m) | (33.4m) | (46.6m) |

## Cash From Investing Activities | (28.2m) | (34.6m) | 28.2m |

## Long-term Borrowings | (100.7m) | (44.5m) | (302.6m) |

## Dividends Paid | (83.3m) | (87.5m) | |

## Cash From Financing Activities | (73.9m) | (114.2m) | 93.8m |

## Net Change in Cash | (13.9m) | (63.6m) | 71.5m |

## Interest Paid | 15.5m | 16.2m | 16.6m |

## Income Taxes Paid | 11.4m | 4.4m | 24.4m |

GBP | H1, 2018 |
---|---|

## Debt/Equity | 0.5 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 2 x |

H1, 2018 | FY, 2018 | H1, 2019 | FY, 2019 | H1, 2020 | FY, 2020 | |
---|---|---|---|---|---|---|

## Order Volume | £1.09 b | £2.24 b | £1.19 b | £2.47 b | £882 m | £1.55 b |

## Aircraft Installed Base | 70 k | 71 k | 71 k | 73 k | 70 k | |

## Aircraft Installed Base (In-service Civil) | 48 k | 51 k | 48 k | 51 k | ||

## Aircraft Installed Base (Defence Aircraft) | 22 k | 22 k | 22 k | 22 k | 22 k | 22 k |

## Aircraft Installed Base (Aircraft Braking Systems) | 35 k | 35 k | 57 k | |||

## Book-to-Bill Ratio | 113% | 108% | 113% | 109% | 90% | 88% |

FY, 2020 | |
---|---|

## Water Consumed | 637.55 k cubic meters |

## Waste Generated | 8.6 k tonnes |

## Total Recordable Incident Rate | 0.7 |

## Greenhouse Gas Emissions (Scope 1 and Scope 2) | 87.06 k tonnes of carbon dioxide equivalent |

## Energy Consumption (Natural Gas) | 158 GWh |

## Electricity Consumption | 170 GWh |

FY, 2020 | FY, 2019 | FY, 2018 | |
---|---|---|---|

Female (Senior Managers), percent | 6% | ||

Male, percent | 23.3% | 23% | 17.8% |

Female, percent | 10% | 10.3% | 7.3% |

Male (Board of Directors), percent | 18.7% | 20% | 17.5% |

Male (Senior Managers), percent | 27.3% | ||

Female (Board of Directors), percent | 14.7% | 13.3% | 7.5% |

Female (Executive Team), percent | 27.3% | 20.5% | |

Male (Executive Team), percent | 6% | ||

Male (Senior Executives), percent | 22.5% | ||

Other | 7% |