Spectrum Brands (SPB) stock price, revenue, and financials

Spectrum Brands market cap is $2.1 b, and annual revenue was $5.01 b in FY 2017

$2.1 B

SPB Mkt cap, 13-Mar-2020

$766.1 M

Spectrum Brands Revenue Q2, 2018
Spectrum Brands Net income (Q2, 2018)1.4 M
Spectrum Brands EBIT (Q2, 2018)43.2 M
Spectrum Brands Cash, 01-Apr-2018135.2 M
Spectrum Brands EV6.3 B

Spectrum Brands Income Statement

Annual

USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.3b4.1b4.4b4.7b5.0b5.0b

Revenue growth, %

7%

Cost of goods sold

2.1b2.7b2.9b3.0b

Gross profit

1.1b1.4b1.6b1.7b

Gross profit Margin, %

35%34%36%36%

Sales and marketing expense

521.2m637.0m678.2m720.7m776.6m781.2m

R&D expense

33.1m43.3m47.9m51.3m58.7m59.5m

General and administrative expense

218.8m286.4m321.6m338.8m372.3m391.3m

Operating expense total

813.9m1.0b1.1b1.2b1.3b1.3b

EBIT

301.7m351.2m481.9m474.1m656.2m561.4m

EBIT margin, %

9%9%11%10%13%11%

Interest expense

191.9m375.6m202.1m271.9m

Pre tax profit

109.0m(28.0m)273.5m193.3m397.6m344.6m

Income tax expense

60.4m27.4m59.0m43.9m40.0m47.5m

Net Income

48.6m(55.2m)214.1m148.9m357.1m295.8m

Quarterly

USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

804.6m848.8m746.3m824.8m987.8m1.1b1.1b1.0b1.1b1.1b1.1b1.2b1.2b1.2b1.4b1.2b1.3b646.5m766.1m

Cost of goods sold

508.7m560.1m484.6m531.1m662.3m706.1m717.7m661.0m710.9m697.4m692.1m789.5m778.0m746.6m

Gross profit

296.0m288.6m261.7m293.7m325.5m383.8m382.9m360.7m417.6m370.4m374.9m458.0m440.8m463.0m

Gross profit Margin, %

37%34%35%36%33%35%35%35%37%35%35%37%36%38%

Sales and marketing expense

133.2m131.8m129.9m129.9m171.0m165.2m164.2m165.7m171.8m159.8m173.1m184.8m187.1m189.5m201.7m187.4m199.5m113.3m126.6m

R&D expense

9.2m7.2m8.0m8.6m11.9m11.5m10.8m12.3m12.2m11.2m12.8m12.9m13.8m14.5m14.6m15.1m14.5m7.0m7.2m

General and administrative expense

60.3m50.6m56.5m50.9m70.4m70.4m73.0m75.9m78.5m68.3m84.3m89.9m86.3m95.6m94.2m99.4m85.8m62.8m66.7m

Operating expense total

214.9m200.3m204.8m196.5m270.6m267.1m256.2m267.0m268.3m254.6m286.3m322.3m298.2m314.3m323.9m311.1m315.6m206.9m225.0m

Depreciation and amortization

20.5m22.3m

EBIT

78.8m83.7m55.3m95.2m52.3m115.7m125.0m92.6m148.8m115.6m88.4m135.7m142.5m148.5m206.7m144.1m157.8m34.0m43.2m

EBIT margin, %

10%10%7%12%5%11%11%9%13%11%8%11%12%12%15%12%12%5%6%

Interest expense

40.4m41.1m69.3m39.7m60.4m61.5m57.0m47.4m47.3m44.4m49.2m112.9m58.4m57.5m59.9m

Pre tax profit

37.6m40.4m(11.8m)53.3m(11.8m)51.6m67.2m44.4m98.6m70.5m36.0m21.1m80.6m90.2m144.6m91.7m103.3m(5.9m)(300.0k)

Income tax expense

9.0m27.3m16.8m(5.4m)29.1m15.2m12.7m10.6m20.6m20.5m8.1m(23.8m)6.9m14.9m42.5m33.1m24.7m(126.0m)(1.1m)

Net Income

28.6m13.1m(28.7m)58.6m(41.2m)36.1m54.3m33.8m78.1m49.8m27.8m44.9m73.6m75.2m101.9m58.8m76.9m160.1m1.4m

Spectrum Brands Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

142.4m158.0m207.3m194.6m247.9m275.3m168.2m

Accounts Receivable

356.6m335.3m481.3m439.0m498.8m55.6m526.1m

Prepaid Expenses

48.8m49.3m62.8m63.5m116.8m93.9m

Inventories

434.6m452.6m632.9m624.5m780.8m740.6m775.5m

Current Assets

1.0b1.1b1.5b1.4b1.7b1.6b1.6b

PP&E

206.4m214.0m412.6m428.9m507.1m542.1m699.9m

Goodwill

2.5b2.5b2.6b

Total Assets

3.6b3.8b5.6b5.5b7.3b7.1b7.4b

Accounts Payable

323.2m325.0m525.5m519.7m620.6m580.1m727.6m

Short-term debt

16.1m16.4m102.9m96.7m33.8m164.0m36.7m

Current Liabilities

606.9m610.6m952.4m915.7m1.0b1.1b1.1b

Long-term debt

1.5b1.7b3.1b2.9b3.9b3.5b3.8b

Total Debt

1.6b1.7b3.1b96.7m3.6b3.8b

Total Liabilities

2.6b2.8b4.7b4.4b5.7b5.2b5.6b

Common Stock

525.0k528.0k535.0k542.0k600.0k600.0k

Additional Paid-in Capital

1.4b1.4b1.4b1.4b2.0b2.1b2.1b

Retained Earnings

(336.1m)(340.6m)(435.9m)(283.1m)(205.5m)262.3m

Total Equity

1.0b989.1m940.1m1.1b1.6b1.8b1.8b

Debt to Equity Ratio

1.5 x1.7 x3.3 x0.1 x2 x2.1 x

Debt to Assets Ratio

0.4 x0.4 x0.6 x0 x0.5 x0.5 x

Financial Leverage

3.6 x3.8 x6 x5.1 x4.5 x3.8 x4 x

Quarterly

USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

88.4m73.8m51.8m62.4m77.5m99.0m131.8m93.4m85.1m408.4m87.8m107.2m162.0m133.3m117.0m137.2m109.9m137.9m135.2m

Accounts Receivable

359.7m362.3m370.2m342.4m480.0m479.3m524.0m525.2m523.6m489.7m494.8m619.8m513.8m557.2m588.9m528.5m616.1m278.4m337.6m

Prepaid Expenses

56.8m54.8m60.3m55.5m160.1m69.9m66.9m72.8m87.6m69.4m68.9m80.7m80.0m85.7m82.2m88.8m94.1m56.2m58.7m

Inventories

548.4m482.3m551.0m552.5m705.4m707.3m683.3m725.9m734.8m701.9m814.0m903.7m867.7m924.4m842.3m836.3m843.7m580.7m610.5m

Current Assets

1.1b1.0b1.1b1.1b1.5b1.4b1.5b1.5b1.6b1.8b1.6b1.8b1.7b1.8b1.7b1.6b1.7b3.1b3.1b

PP&E

216.5m204.0m207.8m208.6m316.3m355.3m435.3m444.2m440.4m419.8m461.7m500.1m504.4m528.9m523.2m660.8m675.1m506.0m503.9m

Goodwill

2.5b2.5b2.5b2.5b2.6b2.3b2.3b

Total Assets

3.8b3.8b3.8b3.8b5.5b5.5b5.6b5.7b5.7b5.8b5.8b7.5b7.2b7.3b7.1b7.1b7.5b7.5b7.6b

Accounts Payable

305.4m293.2m260.5m251.1m389.6m427.5m414.6m380.3m419.6m447.7m444.3m453.6m420.9m472.2m473.5m525.0m557.6m320.7m359.6m

Short-term debt

26.7m23.4m33.9m28.3m29.5m40.8m107.9m119.3m121.5m105.3m96.3m51.4m34.5m34.7m35.3m35.0m33.9m20.1m20.3m

Current Liabilities

583.3m538.1m521.5m489.9m708.2m745.1m817.8m786.0m802.2m822.2m810.6m805.5m792.2m820.8m833.1m838.1m905.1m1.1b1.1b

Long-term debt

1.7b1.8b1.8b1.8b3.2b3.2b3.3b3.3b3.2b3.3b3.3b4.3b4.1b4.1b3.8b3.7b4.1b4.0b4.3b

Total Debt

1.7b1.8b1.9b1.8b3.3b3.2b107.9m119.3m121.5m3.4b3.4b4.3b4.1b4.1b3.9b35.0m4.1b3.7b4.3b

Total Liabilities

2.8b2.8b2.9b2.8b4.6b4.6b4.7b4.7b4.6b4.7b4.7b5.8b5.6b5.6b5.3b5.3b5.7b5.5b5.9b

Common Stock

513.0k527.0k527.0k527.0k534.0k535.0k541.0k541.0k542.0k500.0k500.0k600.0k600.0k600.0k600.0k600.0k600.0k600.0k600.0k

Additional Paid-in Capital

1.3b1.4b1.4b1.4b1.4b1.4b1.4b1.4b1.4b1.4b1.5b2.0b2.0b2.1b2.1b2.1b2.1b2.1b2.1b

Retained Earnings

(302.2m)(323.0m)(351.7m)(293.0m)(408.7m)(385.9m)(394.9m)(377.1m)(315.1m)(249.4m)(239.2m)(212.1m)(151.6m)(99.1m)(2.6m)139.9m191.9m397.9m375.3m

Total Equity

1.1b1.0b984.4m1.0b942.1m969.5m962.4m982.8m1.1b1.1b1.1b1.7b1.6b1.7b1.8b1.8b1.8b2.0b1.7b

Debt to Equity Ratio

1.7 x1.8 x1.9 x1.8 x3.5 x3.3 x0.1 x0.1 x0.1 x3.1 x3.1 x2.6 x2.6 x2.4 x2.1 x0 x2.3 x1.9 x2.5 x

Debt to Assets Ratio

0.5 x0.5 x0.5 x0.5 x0.6 x0.6 x0 x0 x0 x0.6 x0.6 x0.6 x0.6 x0.6 x0.5 x0 x0.5 x0.5 x0.6 x

Financial Leverage

3.6 x3.8 x3.9 x3.7 x5.9 x5.7 x5.9 x5.8 x5.4 x5.3 x5.4 x4.5 x4.4 x4.3 x4 x3.9 x4.1 x3.8 x4.4 x

Spectrum Brands Cash Flow

Annual

Quarterly

USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(41.3m)13.1m(15.6m)43.1m(41.2m)36.1m54.4m88.3m166.4m50.0m77.9m122.8m73.7m149.0m268.6m123.9m202.5m161.0m162.6m

Depreciation and Amortization

34.7m9.2m18.9m28.7m20.0m20.3m38.0m77.2m117.6m38.9m78.8m122.7m46.6m91.4m136.7m93.7m143.1m33.0m

Cash From Operating Activities

(1.4m)(89.0m)(148.9m)(65.8m)(136.0m)(155.6m)(49.2m)(146.6m)(180.3m)(159.2m)(223.5m)(144.5m)117.9m30.1m162.4m(153.0m)(202.7m)

Purchases of PP&E

(27.4m)(8.9m)(18.6m)(33.1m)(15.9m)(36.8m)(50.9m)(14.2m)(29.9m)(49.5m)(17.4m)(38.7m)(59.6m)(51.3m)(78.1m)(17.9m)(34.2m)

Cash From Investing Activities

(32.8m)(192.1m)(203.7m)(217.9m)(15.9m)(62.2m)(67.3m)(43.2m)(322.3m)(1.2b)(17.3m)(37.9m)(60.7m)(51.7m)(379.7m)(24.2m)(47.5m)

Short-term Borrowings

(55.0m)(11.4m)(50.0m)(6.2m)(8.5m)

Long-term Borrowings

(905.0k)(809.0k)(1.4m)(3.0m)(513.8m)(532.4m)(571.9m)(1.8m)(18.8m)(2.3b)(5.9m)(13.3m)(270.2m)(151.6m)(223.3m)(29.8m)(37.8m)

Dividends Paid

(13.2m)(29.0m)(44.8m)(15.9m)(33.5m)(51.0m)(19.5m)(42.0m)(64.6m)(47.3m)(72.1m)(24.2m)(48.5m)

Cash From Financing Activities

(45.6m)210.8m262.6m205.1m77.0m105.0m(5.6m)409.9m407.7m1.3b158.0m68.1m(186.4m)(112.5m)53.4m147.1m214.0m

Net Change in Cash

(82.2m)(68.7m)(90.6m)(80.0m)(75.5m)(113.9m)(122.1m)213.8m(106.8m)(87.4m)(85.9m)(114.6m)(130.9m)(138.1m)(165.4m)(30.3m)(33.0m)

Interest Paid

61.6m120.5m186.8m97.1m138.1m57.5m103.9m

Income Taxes Paid

10.0m23.9m30.7m19.0m28.7m10.0m24.8m

Spectrum Brands Ratios

USDY, 2018

EV/EBIT

146 x

EV/CFO

-31.1 x

Debt/Equity

2.5 x

Debt/Assets

0.6 x

Financial Leverage

4.4 x

Spectrum Brands Employee Rating

3.2423 votes
Culture & Values
3.1
Work/Life Balance
3.5
Senior Management
2.9
Salary & Benefits
3.5
Career Opportunities
3.1
Source