$2.4 B

SAFM Mkt cap, 16-Aug-2018

$1.6 B

Sanderson Farms Revenue Q2, 2018
Sanderson Farms Gross profit (Q2, 2018)179.9 M
Sanderson Farms Gross profit margin (Q2, 2018), %11.3%
Sanderson Farms Net income (Q2, 2018)93.2 M
Sanderson Farms EBIT (Q2, 2018)72.3 M
Sanderson Farms Cash, 30-Apr-2018327.3 M

Sanderson Farms Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.7 b2.8 b2.8 b2.8 b3.3 b

Revenue growth, %

3%1%0%

Cost of goods sold

2.4 b2.3 b2.3 b2.4 b2.7 b

Gross profit

305.9 m520.9 m491.1 m454 m641.5 m

Gross profit Margin, %

11%19%18%16%19%

General and administrative expense

216.3 m

Operating expense total

216.3 m

Depreciation and amortization

100.3 m

EBIT

205.7 m381.9 m336 m294.1 m425.2 m

EBIT margin, %

8%14%12%10%13%

Interest expense

6.1 m2.6 m2.1 m1.7 m1.9 m

Interest income

27 k60 k106 k244 k1.2 m

Pre tax profit

200.1 m379.5 m334.1 m292.7 m424.5 m

Income tax expense

69.5 m130.4 m118.1 m103.7 m144.8 m

Net Income

130.6 m249 m216 m189 m279.7 m

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018

Revenue

584.9 m660.7 m768.4 m667.4 m716.6 m739.9 m605.2 m692.1 m728 m688.3 m802 m931.9 m1.6 b

Cost of goods sold

516.1 m552.3 m607 m526.2 m577.6 m612.8 m555.1 m578.3 m598.6 m606.4 m655.3 m692.6 m1.4 b

Gross profit

68.8 m108.4 m161.4 m141.2 m139 m127.2 m50.1 m113.8 m129.4 m82 m146.8 m239.3 m179.9 m

Gross profit Margin, %

12%16%21%21%19%17%8%16%18%12%18%26%11%

General and administrative expense

23.6 m29.9 m45.7 m38.1 m29.5 m47.3 m30.3 m40 m44.6 m46.1 m43.6 m62 m107.6 m

Operating expense total

23.6 m29.9 m45.7 m38.1 m29.5 m47.3 m30.3 m40 m44.6 m46.1 m43.6 m62 m107.6 m

EBIT

45.2 m78.5 m115.7 m103.1 m109.5 m79.8 m19.8 m73.8 m84.9 m35.9 m103.1 m177.3 m72.3 m

EBIT margin, %

8%12%15%15%15%11%3%11%12%5%13%19%5%

Interest expense

911 k741 k439 k427 k686 k556 k431 k420 k428 k432 k428 k515 k1 m

Interest income

12 k10 k15 k26 k13 k77 k195 k301 k327 k1.3 m

Pre tax profit

44.3 m77.8 m115.3 m102.7 m108.9 m79.3 m19.4 m73.4 m84.5 m35.7 m103 m177.1 m72.6 m

Income tax expense

15.4 m26.8 m39.2 m36.2 m37.6 m28.4 m8.7 m25.8 m29.8 m12.5 m36 m61.3 m(20.6 m)

Net Income

28.9 m51 m76.1 m66.5 m71.2 m50.9 m10.7 m47.6 m54.7 m23.2 m66.9 m115.8 m93.2 m

Sanderson Farms Balance Sheet

Annual

usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017

Cash

8.2 m73.4 m11.1 m27.8 m85.6 m165.6 m196.7 m234.1 m419.3 m

Accounts Receivable

96.1 m(15.1 m)

Inventories

205.9 m190.8 m198.8 m220.3 m252.8 m

Current Assets

430.7 m510.7 m562.8 m613.3 m849.5 m

PP&E

682.3 m804 m876.8 m

Total Assets

924.6 m1.1 b1.3 b1.4 b1.7 b

Accounts Payable

81.4 m48.7 m62.8 m72.8 m90.9 m

Short-term debt

Current Liabilities

161.5 m147.6 m161.2 m148.2 m198.7 m

Long-term debt

Additional Paid-in Capital

142.5 m150.1 m111.7 m125.9 m135 m

Retained Earnings

506.1 m724.7 m895.7 m1 b1.3 b

Total Equity

671.6 m1 b1.2 b1.4 b

Financial Leverage

1.4 x1.2 x1.2 x1.2 x

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018

Cash

58.8 m84.4 m139.3 m173.1 m153.6 m180.8 m155.1 m223.1 m243 m225.8 m246.3 m398.3 m327.3 m

Accounts Receivable

94.1 m108.6 m115.2 m117 m118.9 m111.5 m119.9 m124.1 m118.6 m115.6 m138.5 m151 m145.6 m

Inventories

209.2 m219 m217.8 m213.2 m212.3 m203.2 m209.8 m210.9 m227.7 m236.4 m234.8 m256.1 m267.7 m

Current Assets

396.7 m443.7 m508.3 m543.6 m526.8 m545.5 m566.2 m598 m630.5 m619.8 m661.7 m846.7 m805.4 m

PP&E

688 m720.3 m748.9 m826.8 m850.1 m860.6 m955.8 m

Total Assets

904.5 m973.3 m1.1 b1.2 b1.2 b1.2 b1.3 b1.3 b1.4 b1.5 b1.5 b1.7 b1.8 b

Accounts Payable

61.1 m85.4 m83.2 m74.5 m89.6 m64.8 m76.1 m80.6 m81 m85.9 m75.6 m79 m104.2 m

Dividends Payable

5.5 m5.5 m5.5 m7.3 m

Current Liabilities

115.6 m155.5 m178.9 m145.7 m152 m151.3 m131.4 m147 m154.8 m141.6 m133.1 m216.4 m173.7 m

Additional Paid-in Capital

143.4 m148.4 m151.3 m153.8 m112.1 m114.7 m115.2 m122.9 m126 m131.5 m135.6 m138.6 m141.5 m

Retained Earnings

530.4 m576.7 m648.2 m786.1 m838.5 m884.4 m901.4 m944 m993.8 m1.1 b1.1 b1.2 b1.4 b

Total Equity

696.8 m748.2 m822.6 m1 b1 b1.1 b1.1 b1.2 b1.3 b1.4 b1.5 b

Financial Leverage

1.3 x1.3 x1.3 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x

Sanderson Farms Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

130.6 m249 m216 m189 m279.7 m

Depreciation and Amortization

62.2 m64.3 m74.7 m84.6 m100.3 m

Accounts Receivable

(11 m)(9.3 m)5.1 m(11.6 m)(15.1 m)

Inventories

30.1 m15 m(7.9 m)(21.6 m)(32.5 m)

Accounts Payable

(1.3 m)(32.7 m)11.6 m5.1 m12 m

Cash From Operating Activities

252.9 m306.5 m297.8 m292.8 m409 m

Cash From Investing Activities

(54.4 m)(171.1 m)(157.4 m)(200.4 m)(165.9 m)

Long-term Borrowings

(10 m)(10 m)(10 m)(10 m)

Dividends Paid

(16.3 m)(30.5 m)(31.1 m)(42.9 m)(46.4 m)

Cash From Financing Activities

(140.7 m)(55.3 m)(109.3 m)(55 m)(57.9 m)

Interest Paid

6.5 m3.5 m2.6 m

Income Taxes Paid

10.4 m(37.9 m)72.2 m140 m

Free Cash Flow

307.4 m478.1 m456.1 m92 m242.2 m

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q2, 2018

Net Income

28.9 m51 m76.1 m66.5 m71.2 m50.9 m10.7 m47.6 m54.7 m23.2 m66.9 m93.2 m

Depreciation and Amortization

53.9 m

Accounts Receivable

115.2 m117 m118.9 m111.5 m119.9 m124.1 m118.6 m115.6 m138.5 m(6.7 m)

Inventories

217.8 m213.2 m212.3 m203.2 m209.8 m210.9 m227.7 m236.4 m234.8 m(15 m)

Accounts Payable

83.2 m74.5 m89.6 m64.8 m76.1 m80.6 m81 m85.9 m75.6 m7 m

Cash From Operating Activities

46 m

Cash From Investing Activities

(126 m)

Dividends Paid

(7.3 m)

Cash From Financing Activities

(12 m)

Income Taxes Paid

(33.8 m)

Free Cash Flow

(80.9 m)

Sanderson Farms Ratios

USDY, 2018

Financial Leverage

1.2 x
Report incorrect company information

Sanderson Farms Operating Metrics

FY, 2014FY, 2015FY, 2016

Chickens Processed

452 m476 m507 m

Chickens Processed, dressed pounds

3 b3.40 b3.80 b

Product Lines

130 70 70

Plants

9 10 10

Grow-Out Farms

609 632 690

Breeder Farms

185 201 208

Hatcheries

8 9 9

Feed Mills

7 8 8
Report incorrect company information