Omnova Solutions

When the world’s top companies (or those aspiring to get there) are looking to create competitive advantage, they come to OMNOVA Solutions. Our technologies, products and services deliver distinctive performance features, thus helping to support our Customers’ reputations for trusted brands around the globe and in a wide variety of markets.

We start with curiosity: Probing to develop a deep understanding of the unmet needs of our Customers…We add collaboration: Working with Customers to find the right solution for their application instead of an off-the-shelf, me-too, anything-will-do kind of product…Then we draw upon our deep expertise in polymer, specialty chemical and material science, broad scale-up and manufacturing capabilities, and global delivery options to provide a product or service that consistently meets our Customers’ – and their Customers’ – expectations.

We bring our solutions to a global marketplace, serving more than 90 countries from operations in North America, Europe and Asia, and technology centers in all three regions as well.

Company Growth (employees)
Type
Public
HQ
Beachwood, US
Founded
1999
Size (employees)
2,000 (est)-4%
Website
omnova.com
Omnova Solutions was founded in 1999 and is headquartered in Beachwood, US

Omnova Solutions Office Locations

Omnova Solutions has an office in Beachwood
Beachwood, US (HQ)
25435 Harvard Rd

Omnova Solutions Data and Metrics

Omnova Solutions Financial Metrics

Omnova Solutions's revenue was reported to be $221.3 m in Q2, 2017
USD

Revenue (Q2, 2017)

221.3 m

Gross profit (Q2, 2017)

53.2 m

Gross profit margin (Q2, 2017), %

24%

Net income (Q2, 2017)

(2.8 m)

Market capitalization (15-Aug-2017)

412.9 m

Cash (31-May-2017)

68.6 m
Omnova Solutions's current market capitalization is $412.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1 b987.4 m838 m759.9 m

Revenue growth, %

(3%)(15%)(9%)

Cost of goods sold

788 m47.8 m556 m

Gross profit

199.4 m790.2 m203.9 m

Gross profit Margin, %

20%94%27%

Operating expense total

187.7 m194 m

Interest expense

32.9 m24.7 m

Pre tax profit

11.7 m9.9 m

Income tax expense

(400 k)(10.3 m)

Net Income

19.6 m11.5 m(17.8 m)(400 k)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

252.1 m206.9 m220.2 m210.9 m175.3 m202 m195.6 m174.6 m221.3 m

Cost of goods sold

202.9 m165.2 m167.3 m159.4 m131 m143.6 m143.5 m130.7 m168.1 m

Gross profit

49.2 m41.7 m52.9 m51.5 m44.3 m58.4 m52.1 m43.9 m53.2 m

Gross profit Margin, %

20%20%24%24%25%29%27%25%24%

General and administrative expense

29.9 m29.8 m32 m29.9 m28.3 m33.4 m29.3 m29.2 m30.1 m

Operating expense total

29.9 m29.8 m32 m29.9 m28.3 m33.4 m29.3 m29.2 m30.1 m

Interest expense

7.8 m6.8 m6.8 m6.8 m5.8 m5.7 m5.9 m5.2 m5.3 m

Pre tax profit

2.1 m(4.4 m)3.6 m(100 k)(800 k)10.4 m6.6 m2 m(3.9 m)

Income tax expense

300 k(1.2 m)600 k(500 k)300 k3.2 m1.9 m(1.6 m)2.4 m

Net Income

1.8 m(3.2 m)700 k1.1 m(1.1 m)6.1 m10.8 m3.6 m(2.8 m)
USDFY, 2014FY, 2015FY, 2016

Cash

99.5 m44.9 m78 m

Accounts Receivable

135.7 m105.3 m99.5 m

Inventories

92.7 m81.9 m77 m

Current Assets

355.9 m250.9 m273.9 m

PP&E

238.4 m214.9 m205.8 m

Goodwill

85.4 m80.8 m80.2 m

Total Assets

829.2 m687.2 m693.2 m

Accounts Payable

94.3 m72 m73.3 m

Total Debt

358.4 m

Current Liabilities

123.8 m112.5 m113.3 m

Total Liabilities

583.4 m

Retained Earnings

(56.1 m)(73.9 m)(74.3 m)

Total Equity

109.1 m109.8 m

Debt to Equity Ratio

3.3 x

Debt to Assets Ratio

0.5 x

Financial Leverage

6.3 x6.3 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

90.9 m101.6 m43.5 m60.6 m70.3 m70.4 m68.6 m

Accounts Receivable

126.2 m111.7 m102.1 m108.9 m105.2 m102.4 m112.5 m

Inventories

91.1 m93.4 m85.1 m83.2 m80.2 m90 m76.4 m

Current Assets

333.6 m332.2 m246.7 m270.3 m431.2 m277 m280.8 m

PP&E

228.8 m223.3 m212.9 m212.8 m212.7 m203.8 m202.3 m

Goodwill

80.9 m81.8 m81.5 m82.3 m82 m80.1 m83.4 m

Total Assets

789.2 m784.7 m677.6 m700 m862.3 m688.9 m696 m

Accounts Payable

78.4 m75.2 m65.9 m74.8 m75.5 m80.8 m81.7 m

Current Liabilities

111.2 m118.8 m99.4 m109.9 m265.6 m114.9 m123.9 m

Retained Earnings

(55.4 m)(55 m)(75 m)(67.8 m)(63.1 m)(67.9 m)(74.3 m)

Total Equity

133.5 m126.7 m114.8 m125.6 m130.4 m116.1 m115.9 m

Financial Leverage

5.9 x6.2 x5.9 x5.6 x6.6 x5.9 x6 x
USDFY, 2014FY, 2015FY, 2016

Net Income

11.5 m(17.8 m)(400 k)

Depreciation and Amortization

34.8 m34 m30.6 m

Accounts Receivable

(12 m)11.6 m4.1 m

Inventories

(6.8 m)2.5 m4.4 m

Accounts Payable

200 k(3.6 m)11.4 m

Cash From Operating Activities

15 m43.7 m50.7 m

Capital Expenditures

(29.8 m)(24 m)(25.6 m)

Cash From Investing Activities

(25 m)(29 m)(20.3 m)

Cash From Financing Activities

(52.5 m)(72.7 m)800 k

Free Cash Flow

44.8 m67.7 m25.1 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

1.8 m(3.2 m)700 k1.1 m(1.1 m)6.1 m10.8 m3.6 m(2.8 m)

Depreciation and Amortization

8.7 m7.1 m14.1 m23.9 m9.6 m16.7 m23.5 m6.7 m13.6 m

Accounts Receivable

139.9 m128.5 m(600 k)(13.9 m)2.1 m2.9 m(600 k)2.7 m26.7 m

Inventories

102.6 m96.5 m2 m4.2 m7.1 m900 k(2.4 m)13.4 m1.3 m

Accounts Payable

93.4 m78.4 m(4.6 m)4 m(3.7 m)6.2 m11 m1.7 m6.5 m

Cash From Operating Activities

10.5 m37.8 m(1.7 m)19.4 m41 m(4.7 m)8.3 m

Capital Expenditures

(10.5 m)(15.3 m)(6.1 m)(10.7 m)(16.5 m)(3.7 m)(9.9 m)

Cash From Investing Activities

(10.5 m)(20.3 m)(900 k)(5.3 m)(11.1 m)100 k(8.6 m)

Cash From Financing Activities

(11 m)(16.2 m)(600 k)(1.3 m)(4.1 m)(2.7 m)(3.9 m)

Interest Paid

12.3 m14.5 m2.2 m10.2 m12.3 m5.2 m9.4 m

Income Taxes Paid

1.9 m2.7 m500 k1.8 m3.2 m400 k1.7 m

Free Cash Flow

22.5 m(7.8 m)8.7 m24.5 m(8.4 m)(1.6 m)
USDY, 2017

Revenue/Employee

110.7 k

Financial Leverage

6 x

Omnova Solutions Market Value History

Traffic Overview of Omnova Solutions

Omnova Solutions Online and Social Media Presence

Omnova Solutions Company Life and Culture

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