Spartan Motors (SPAR) stock price, revenue, and financials

Spartan Motors market cap is $597.7 m, and annual revenue was $816.16 m in FY 2018

$597.7 M

SPAR Mkt cap, 22-Jan-2020

$289 M

Spartan Motors Revenue Q3, 2019
Spartan Motors Gross profit (Q3, 2019)42.2 M
Spartan Motors Gross profit margin (Q3, 2019), %14.6%
Spartan Motors Net income (Q3, 2019)10.4 M
Spartan Motors EBIT (Q3, 2019)13.5 M
Spartan Motors Cash, 30-Sept-201915 M
Spartan Motors EV745.9 M

Spartan Motors Revenue

Spartan Motors revenue was $816.16 m in FY, 2018 which is a 15.4% year over year increase from the previous period.

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Spartan Motors Revenue Breakdown

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Spartan Motors revenue breakdown by business segment: 23.4% from Specialty Chassis and Vehicles, 46.9% from Fleet Vehicles and Services and 29.7% from Emergency Response Vehicles

Spartan Motors revenue breakdown by geographic segment: 93.0% from United States and 7.0% from Other

Spartan Motors Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

590.8m707.1m816.2m

Revenue growth, %

7%20%15%

Cost of goods sold

518.2m617.9m717.9m

Gross profit

72.5m89.2m98.3m

Gross profit Margin, %

12%13%12%

R&D expense

6.8m6.5m7.3m

General and administrative expense

56.2m65.5m73.4m

Operating expense total

62.9m73.1m82.1m

EBIT

8.6m16.2m16.1m

EBIT margin, %

1%2%2%

Interest expense

410.0k864.0k1.1m

Interest income

488.0k717.0k2.2m

Pre tax profit

8.7m16.0m17.3m

Income tax expense

100.0k90.0k2.3m

Net Income

8.6m15.9m15.0m

Spartan Motors Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

32.0m33.5m27.4m

Accounts Receivable

65.4m83.1m106.8m

Inventories

58.9m77.7m70.0m

Current Assets

162.2m198.8m245.3m

PP&E

53.1m55.2m56.6m

Goodwill

16.0m27.4m33.8m

Total Assets

243.3m301.2m353.8m

Accounts Payable

31.3m40.6m76.4m

Short-term debt

65.0k64.0k60.0k

Current Liabilities

87.7m109.7m138.1m

Long-term debt

74.0k17.9m25.5m

Total Debt

139.0k18.0m25.6m

Total Liabilities

90.3m132.9m167.7m

Common Stock

344.0k351.0k353.0k

Additional Paid-in Capital

76.8m79.7m82.8m

Retained Earnings

76.4m88.9m103.6m

Total Equity

153.0m168.3m186.1m

Debt to Equity Ratio

0 x0.1 x0.1 x

Debt to Assets Ratio

0 x0.1 x0.1 x

Financial Leverage

1.6 x1.8 x1.9 x

Quarterly

USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

36.8m39.8m40.0m35.4m21.2m21.9m29.4m21.7m15.7m21.4m17.9m15.0m

Accounts Receivable

59.5m69.6m70.5m64.2m82.0m93.7m83.4m92.6m109.9m104.4m122.1m112.5m

Inventories

71.2m59.8m68.0m109.2m88.4m95.1m48.5m64.6m75.8m84.5m82.1m87.9m

Current Assets

175.2m174.4m182.2m214.1m197.6m215.1m207.2m229.7m249.8m259.7m273.8m287.7m

PP&E

47.4m49.9m51.0m58.1m57.1m56.0m55.0m54.6m55.5m56.2m55.6m62.2m

Goodwill

16.0m16.0m16.0m25.6m25.8m27.5m27.4m27.4m27.4m33.8m31.9m60.3m

Total Assets

247.6m249.8m261.2m313.8m296.3m320.9m308.2m329.7m349.9m382.1m394.8m512.6m

Accounts Payable

41.3m38.7m44.1m35.9m42.0m55.0m50.0m78.6m92.6m87.8m105.6m83.7m

Short-term debt

63.0k64.0k5.1m63.0k58.0k49.0k59.0k57.0k62.0k2.6m3.7m22.1m

Current Liabilities

88.2m91.9m105.1m124.3m116.3m126.3m110.5m129.4m143.2m153.6m170.0m167.5m

Long-term debt

5.1m5.1m90.0k32.9m22.8m22.8m17.9m17.9m18.6m36.6m32.6m141.1m

Total Debt

5.2m5.2m5.2m32.9m22.9m22.9m18.0m18.0m18.6m39.1m36.3m163.2m

Total Liabilities

98.1m99.3m107.7m37.8m144.0m154.2m133.7m152.1m166.2m195.4m207.2m313.0m

Common Stock

349.0k344.0k344.0k351.0k351.0k351.0k353.0k352.0k352.0k353.0k353.0k353.0k

Additional Paid-in Capital

77.0m76.3m76.7m76.7m77.9m78.8m78.0m79.2m80.1m82.5m81.9m83.6m

Retained Earnings

72.9m74.5m77.2m75.3m74.7m88.2m96.7m98.7m103.9m104.3m106.0m116.4m

Total Equity

149.5m150.5m153.6m151.7m152.3m166.6m174.5m177.6m183.7m186.7m187.6m199.6m

Debt to Equity Ratio

0 x0 x0 x0.2 x0.2 x0.1 x0.1 x0.1 x0.1 x0.2 x0.2 x0.8 x

Debt to Assets Ratio

0 x0 x0 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.3 x

Financial Leverage

1.7 x1.7 x1.7 x2.1 x1.9 x1.9 x1.8 x1.9 x1.9 x2 x2.1 x2.6 x

Spartan Motors Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

8.6m15.9m15.0m

Depreciation and Amortization

7.9m9.9m10.4m

Accounts Receivable

(8.8m)(18.6m)(22.5m)

Inventories

1.7m42.9m(24.3m)

Accounts Payable

4.0m5.4m35.3m

Cash From Operating Activities

23.5m22.0m8.0m

Purchases of PP&E

(13.4m)(5.3m)(9.0m)

Cash From Investing Activities

(13.4m)(34.2m)(14.6b)

Long-term Borrowings

(5.1m)(15.1m)(66.0k)

Dividends Paid

(3.4m)(3.5m)(3.5m)

Cash From Financing Activities

(10.7m)13.7m75.0k

Net Change in Cash

(660.0k)1.5m(6.1m)

Spartan Motors Ratios

USDY, 2019

EV/EBIT

55.2 x

EV/CFO

119.7 x

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.6 x

Spartan Motors Operating Metrics

Spartan Motors's Backlog was reported to be $458.8m in Q3, 2019.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Backlog

$243.74 m$264.60 m$262.70 m$275.30 m$270.76 m$318.90 m$304 m$272.10 m$249.46 m$351.27 m$372.80 m$537.75 m$535.09 m$554.62 m$524.10 m$484.91 m$472.96 m$432.32 m$494.53 m$458.84 m

Backlog (Delivery and Service Vehicles)

$60.63 m$96.12 m

Backlog (Emergency Response Vehicles)

$160.74 m$156.27 m$139.87 m$214.46 m$214.79 m$213.33 m$233.58 m$189.63 m$175.60 m$175.70 m$216.53 m$214.66 m$189.72 m$195.14 m

Backlog (Fleet Vehicles and Services)

$89.55 m$113.96 m$131.28 m$292.54 m$267.70 m$335.33 m$313.37 m$275.22 m$218.78 m$188.53 m$272.40 m$223.75 m

Backlog (Specialty Chassis and Vehicles)

$22.36 m$18.37 m$20.04 m$22.85 m$26.72 m$31.87 m$33.81 m$29.66 m$35.13 m$34 m$37.66 m$29.14 m$32.42 m$39.95 m

Facilities Leased (US), square feet

594.20 k758.80 k759.50 k

Facilities Owned (US), square feet

841 k1.24 m1.26 m

Manufacturing Facilities

8 7 7 12 13

Manufacturing Facilities, square feet

7 1.36 m1.38 m

Offices

6 11 12

Patents (US)

20 20 24 27 28

Patents Pending (US)

20 9 13 14 12

Research and Development Centers

2 2 2

Trademarks (US)

26 25 31 33 35

Warehouse Space, sq. ft

225.50 k165.70 k160.70 k239 k239 k

Warehouses

8 7 7 10 10

Spartan Motors Employee Rating

2.763 votes
Culture & Values
2.4
Work/Life Balance
2.5
Senior Management
2.4
Salary & Benefits
3.2
Career Opportunities
2.7
Source