Meggitt (MGGT.L) stock price, revenue, and financials

Meggitt market cap is £25.1 m, and annual revenue was £2.28 b in FY 2019

£25.1 M

MGGT.L Mkt cap, 06-Jul-2020

£2.3 B

Meggitt Revenue FY, 2019
Meggitt Revenue growth (FY, 2018 - FY, 2019), %9%
Meggitt Gross profit (FY, 2019)818.2 M
Meggitt Gross profit margin (FY, 2019), %35.9%
Meggitt Net income (FY, 2019)222.6 M
Meggitt EBIT (FY, 2019)325.3 M
Meggitt Cash, 31-Dec-2019155.3 M
Meggitt EV936.3 M

Meggitt Revenue

Meggitt revenue was £2.28 b in FY, 2019 which is a 9.4% year over year increase from the previous period.

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Meggitt Revenue Breakdown

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Meggitt revenue breakdown by business segment: 20.7% from Services & Support, 18.1% from Energy & Equipment, 14.5% from Engine Systems, 46.5% from Airframe Systems and 0.2% from Other

Meggitt revenue breakdown by geographic segment: 15.0% from Rest of World, 59.0% from United States of America, 18.2% from Rest of Europe and 7.8% from UK

Meggitt Income Statement

Annual

GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.6b2.0b2.0b2.1b2.3b

Revenue growth, %

6%21%2%3%9%

Cost of goods sold

997.2m1.2b1.2b1.3b1.5b

Gross profit

650.0m775.2m793.3m760.5m818.2m

Gross profit Margin, %

39%39%39%37%36%

Operating expense total

413.4m541.5m489.1m503.9m541.9m

EBIT

236.6m233.7m304.2m256.6m325.3m

EBIT margin, %

14%12%15%12%14%

Interest expense

16.8m29.9m33.4m34.3m35.6m

Interest income

100.0k100.0k100.0k800.0k1.4m

Pre tax profit

210.2m195.5m262.4m216.1m286.7m

Income tax expense

28.1m24.3m(87.6m)37.1m64.1m

Net Income

182.1m171.2m350.0m179.0m222.6m

EPS

0.20.3

Half Year

GBPH1, 2016H1, 2017H1, 2018H1, 2019

Revenue

882.9m968.1m952.2m1.1b

Cost of goods sold

547.4m586.9m607.8m697.0m

Gross profit

335.5m381.2m344.4m373.9m

Gross profit Margin, %

38%39%36%35%

Operating expense total

272.5m173.0m220.6m282.5m

EBIT

63.0m208.2m123.8m91.4m

EBIT margin, %

7%22%13%9%

Pre tax profit

46.6m185.5m105.2m72.6m

Income tax expense

4.5m24.9m14.8m16.0m

Net Income

42.1m160.6m90.4m56.6m

Meggitt Balance Sheet

Annual

GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

145.4m173.8m118.5m181.9m155.3m

Accounts Receivable

265.9m334.1m320.1m344.1m330.4m

Prepaid Expenses

17.9m21.6m18.1m23.1m18.2m

Inventories

415.2m468.5m404.1m441.2m489.8m

Current Assets

928.2m1.1b977.3m1.1b1.1b

PP&E

290.3m336.9m322.9m404.0m449.4m

Goodwill

1.9b2.1b1.9b2.0b2.0b

Total Assets

4.5b5.3b4.8b4.9b4.7b

Accounts Payable

165.1m172.9m154.9m195.0m222.0m

Short-term debt

4.1m175.8m71.5m26.3m235.8m

Current Liabilities

492.2m760.2m645.9m618.0m885.1m

Long-term debt

1.2b1.2b1.0b1.2b830.7m

Non-Current Liabilities

1.9b2.1b1.6b1.7b1.4b

Total Debt

1.2b1.4b1.1b1.3b1.1b

Total Liabilities

2.4b2.9b2.3b2.4b2.3b

Common Stock

38.8m38.8m38.8m38.8m38.8m

Additional Paid-in Capital

1.2b1.2b1.2b1.2b1.2b

Retained Earnings

661.9m630.6m892.8m720.2m750.4m

Total Equity

2.2b2.5b2.6b2.5b2.5b

Debt to Equity Ratio

0.6 x0.6 x0.4 x0.5 x0.4 x

Debt to Assets Ratio

0.3 x0.3 x0.2 x0.3 x0.2 x

Financial Leverage

2.1 x2.2 x1.9 x1.9 x1.9 x

Half Year

GBPH1, 2016H1, 2017H1, 2018H1, 2019

Cash

61.2m96.6m103.7m116.4m

Inventories

496.5m469.7m452.7m492.2m

Current Assets

957.5m981.0m1.0b1.1b

PP&E

313.4m323.9m405.3m409.0m

Goodwill

2.0b2.0b2.0b2.0b

Total Assets

4.9b5.0b4.7b4.8b

Short-term debt

15.3m200.6m77.3m127.7m

Current Liabilities

492.4m716.6m632.3m694.9m

Long-term debt

1.3b1.0b1.1b1.1b

Non-Current Liabilities

2.1b1.8b1.7b1.7b

Total Debt

1.3b1.2b1.2b1.2b

Total Liabilities

2.6b2.5b2.3b2.4b

Common Stock

38.8m38.8m38.8m38.8m

Additional Paid-in Capital

1.2b1.2b1.2b1.2b

Retained Earnings

574.8m732.6m688.2m646.6m

Total Equity

2.3b2.5b2.4b2.4b

Debt to Equity Ratio

0.6 x0.5 x0.5 x0.5 x

Debt to Assets Ratio

0.3 x0.2 x0.3 x0.3 x

Financial Leverage

2.1 x2 x2 x2 x

Meggitt Cash Flow

Annual

GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

182.1m171.2m350.0m179.0m222.6m

Depreciation and Amortization

154.5m203.4m208.0m185.8m195.7m

Accounts Receivable

55.8m(31.3m)(22.7m)17.2m20.4m

Inventories

(14.6m)(12.5m)16.3m(33.5m)(75.6m)

Accounts Payable

27.3m11.3m8.4m30.0m29.3m

Cash From Operating Activities

375.4m321.8m377.2m295.3m366.9m

Purchases of PP&E

(45.8m)(51.7m)(62.0m)(52.6m)(77.2m)

Cash From Investing Activities

(539.6m)(130.9m)(130.8m)(96.0m)(49.7m)

Long-term Borrowings

(67.4m)(537.5m)(224.2m)(81.1m)(229.2m)

Dividends Paid

(111.1m)(113.0m)(118.6m)(124.2m)(130.4m)

Cash From Financing Activities

202.0m(185.7m)(296.9m)(142.4m)(340.3m)

Net Change in Cash

37.8m5.2m(50.5m)56.9m(23.1m)

Interest Paid

16.2m26.6m34.9m33.1m34.9m

Income Taxes Paid

15.3m27.4m24.1m20.0m14.4m

Half Year

GBPH1, 2016H1, 2017H1, 2018H1, 2019

Net Income

42.1m160.6m90.4m56.6m

Depreciation and Amortization

91.1m102.2m91.7m96.3m

Cash From Operating Activities

58.8m108.9m88.2m85.2m

Purchases of PP&E

(22.2m)(28.4m)(29.4m)(33.4m)

Cash From Investing Activities

(89.7m)(27.6m)(28.2m)(34.6m)

Long-term Borrowings

(1.1m)(103.8m)(100.7m)(44.5m)

Dividends Paid

(75.8m)(79.6m)(83.3m)(87.5m)

Cash From Financing Activities

(59.7m)(156.1m)(73.9m)(114.2m)

Net Change in Cash

(90.6m)(74.8m)(13.9m)(63.6m)

Interest Paid

15.6m18.0m15.5m16.2m

Income Taxes Paid

14.7m10.2m11.4m4.4m

Meggitt Ratios

GBPFY, 2015

Revenue/Employee

138.1k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.1 x

Meggitt Operating Metrics

FY, 2014H1, 2015FY, 2015H1, 2016FY, 2016H1, 2017FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019

Order Volume

£1.61 b£775.30 m£1.63 b£911.80 m£1.99 b£966.80 m£2.08 b£1.09 b£2.24 b£1.19 b£2.47 b

Aircraft Installed Base

63 k63 k64 k65 k67 k68 k69 k70 k71 k71 k73 k

Aircraft Installed Base (Aircraft Braking Systems)

34 k30 k34 k35 k34 k35 k35 k35 k35 k57 k

Aircraft Installed Base (Defence Aircraft)

22 k

Aircraft Installed Base (Fixed Wing and Rotary Aircraft)

20 k22 k22 k22 k22 k22 k22 k

Aircraft Installed Base (In-service Civil)

51 k

Book-to-bill Ratio

108%109%

Manufacturing Facilities

51 48

Meggitt Employee Rating

3.3472 votes
Culture & Values
3.3
Work/Life Balance
3.4
Senior Management
2.8
Salary & Benefits
3.5
Career Opportunities
3
Source