Partners Group (PGHN.SW) stock price, revenue, and financials

Partners Group market cap is CHF24.8 b, and annual revenue was CHF1.55 b in FY 2019

CHF24.8 B

PGHN.SW Mkt cap, 19-Nov-2020

CHF603.7 M

Partners Group Revenue H1, 2020
Partners Group Net income (H1, 2020)313.1 M
Partners Group EBITDA (H1, 2020)409.1 M
Partners Group EBIT (H1, 2020)390.2 M
Partners Group Cash, 30-Jun-2020819.1 M
Partners Group EV24.9 B

Partners Group Revenue Breakdown

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Partners Group revenue breakdown by business segment: 12.4% from Private Infrastructure, 11.1% from Private Real Estate, 11.3% from Private Debt and 65.2% from Private Equity

Partners Group revenue breakdown by geographic segment: 28.2% from Guernsey, 32.0% from Switzerland , 7.9% from Other Europe, 8.8% from Rest of World and 23.1% from North America

Partners Group Income Statement

Annual

CHFFY, 2017FY, 2018FY, 2019

Revenue

1.2b1.3b1.5b

Revenue growth, %

28%5%21%

General and administrative expense

359.3m376.5m490.4m

Operating expense total

433.5m461.1m602.7m

Depreciation and amortization

14.0m16.8m33.8m

EBITDA

825.4m881.6m1.0b

EBITDA margin, %

68%69%67%

EBIT

811.4m864.8m1.0b

EBIT margin, %

67%68%65%

Interest expense

1.8m4.3m4.9m

Interest income

391.0k1.6m3.5m

Pre tax profit

847.2m887.5m1.0b

Income tax expense

94.8m118.2m137.3m

Net Income

752.3m769.3m899.9m

EPS

28.128.733.7

Half Year

CHFH1, 2018H1, 2019H1, 2020

Revenue

639.7m653.0m603.7m

General and administrative expense

188.7m200.7m178.3m

Operating expense total

229.8m250.5m232.4m

Depreciation and amortization

8.2m15.2m18.9m

EBITDA

437.0m446.7m409.1m

EBITDA margin, %

68%68%68%

EBIT

428.8m431.5m390.2m

EBIT margin, %

67%66%65%

Interest expense

2.5m2.5m4.0m

Interest income

500.0k1.3m2.0m

Pre tax profit

445.8m454.0m366.6m

Income tax expense

51.5m57.4m53.5m

Net Income

394.3m396.6m313.1m

EPS

14.714.811.7

Partners Group Balance Sheet

Annual

CHFFY, 2017FY, 2018FY, 2019

Cash

852.3m412.2m933.0m

Accounts Receivable

216.4m158.8m228.5m

Current Assets

2.2b2.0b2.7b

PP&E

28.0m67.6m237.2m

Goodwill

33.3m32.6m32.4m

Total Assets

2.9b2.9b3.9b

Accounts Payable

108.2m71.6m55.9m

Current Liabilities

555.8m492.2m542.0m

Long-term debt

299.2m299.4m853.8m

Non-Current Liabilities

421.2m489.0m1.1b

Total Debt

299.2m299.4m853.8m

Total Liabilities

976.9m981.2m1.7b

Common Stock

267.0k300.0k300.0k

Total Equity

2.0b2.0b2.3b

Debt to Equity Ratio

0.2 x0.2 x0.4 x

Debt to Assets Ratio

0.1 x0.1 x0.2 x

Financial Leverage

1.5 x1.5 x1.7 x

Half Year

CHFH1, 2018H1, 2019H1, 2020

Cash

280.1m282.9m819.1m

Accounts Receivable

216.4m211.9m262.8m

Current Assets

1.9b2.4b2.1b

PP&E

40.6m98.7m231.6m

Total Assets

2.7b3.5b3.4b

Accounts Payable

108.2m66.1m87.1m

Short-term debt

120.0m

Current Liabilities

421.7m473.0m590.8m

Long-term debt

299.3m859.0m849.3m

Non-Current Liabilities

442.6m1.1b1.1b

Total Debt

299.3m979.0m849.3m

Total Liabilities

864.3m1.5b1.7b

Common Stock

300.0k300.0k300.0k

Total Equity

1.8b1.9b1.7b

Debt to Equity Ratio

0.2 x0.5 x0.5 x

Debt to Assets Ratio

0.1 x0.3 x0.2 x

Financial Leverage

1.5 x1.8 x2 x

Partners Group Cash Flow

Annual

CHFFY, 2017FY, 2018FY, 2019

Net Income

752.3m769.3m899.9m

Depreciation and Amortization

14.0m16.8m33.8m

Accounts Payable

144.0m(89.5m)48.4m

Cash From Operating Activities

781.2m380.5m1.1b

Purchases of PP&E

(10.3m)(43.9m)(113.7m)

Cash From Investing Activities

8.4m(64.4m)(177.5m)

Long-term Borrowings

(160.0m)(175.0m)(1.0b)

Dividends Paid

(397.4m)(506.3m)(585.4m)

Cash From Financing Activities

(126.1m)(656.9m)(259.8m)

Net Change in Cash

663.4m(437.6m)523.5m

Interest Paid

1.5m4.1m3.6m

Income Taxes Paid

61.7m96.8m107.3m

Half Year

CHFH1, 2018H1, 2019H1, 2020

Net Income

394.3m396.6m313.1m

Depreciation and Amortization

8.2m15.2m18.9m

Accounts Payable

(112.8m)44.8m28.9m

Cash From Operating Activities

17.4m(23.4m)775.2m

Purchases of PP&E

(14.5m)(35.2m)(7.7m)

Cash From Investing Activities

(11.7m)(45.8m)(4.5m)

Long-term Borrowings

(316.3m)(381.8m)

Dividends Paid

(506.3m)(585.4m)(668.4m)

Cash From Financing Activities

(508.2m)37.7m(833.6m)

Net Change in Cash

(572.6m)(127.5m)(104.6m)

Interest Paid

2.4m2.5m4.0m

Income Taxes Paid

70.1m96.0m41.7m

Partners Group Ratios

CHFFY, 2017

Revenue/Employee

1.3m

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.5 x

Partners Group Operating Metrics

Partners Group's Assets Under Management was reported to be $94.1b in FY, 2019.
FY, 2017FY, 2018FY, 2019

Clients

1 k850 900

Offices

19 19 20

Private Markets Investments

$13.30 b$19.30 b$14.80 b

Assets Under Management

€61.90 b€72.80 b$94.10 b

Gross Client Demand

€13 b€13.30 b$16.50 b

Private Markets Portfolios

300