Sprague (SRLP) stock price, revenue, and financials

Sprague market cap is $382.8 m, and annual revenue was $3.77 b in FY 2018

$382.8 M

SRLP Mkt cap, 15-Nov-2019

$662 M

Sprague Revenue Q2, 2019
Sprague Gross profit (Q2, 2019)53.4 M
Sprague Gross profit margin (Q2, 2019), %8.1%
Sprague Net income (Q2, 2019)-4.8 M
Sprague EBIT (Q2, 2019)6 M
Sprague Cash, 30-Jun-20196.1 M
Sprague EV953.8 M

Sprague Revenue

Sprague revenue was $3.77 b in FY, 2018

Embed Graph

Sprague Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

4.6b5.1b3.5b2.4b2.9b3.8b

Revenue growth, %

10%(31%)(31%)

Cost of goods sold

4.5b4.8b3.2b2.2b2.6b3.4b

Gross profit

126.0m314.7m293.0m210.9m252.2m325.7m

Gross profit Margin, %

3%6%8%9%9%9%

General and administrative expense

53.6m76.4m94.4m84.3m87.6m80.8m

Operating expense total

120.9m157.0m186.2m171.4m188.0m202.8m

Depreciation and amortization

17.6m20.3m21.2m28.1m33.4m

EBIT

5.1m157.7m106.8m39.5m64.2m122.9m

EBIT margin, %

0%3%3%2%2%3%

Interest expense

28.7m

Interest income

603.0k569.0k456.0k388.0k339.0k577.0k

Pre tax profit

(22.4m)128.3m80.2m12.3m33.3m84.9m

Income tax expense

5.1m5.5m1.8m2.1m3.8m5.0m

Net Income

(27.5m)122.8m78.3m10.2m29.5m79.8m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

940.3m1.9b846.8m728.8m1.6b661.7m558.0m722.9m477.5m422.8m917.8m513.6m491.4m1.3b741.7m618.5m1.3b662.0m

Cost of goods sold

914.6m1.8b827.9m708.5m1.5b616.1m498.5m639.6m441.1m383.2m795.1m469.1m456.7m1.2b696.7m581.6m1.2b608.7m

Gross profit

25.7m123.9m18.9m20.3m108.0m45.7m59.5m83.3m36.4m39.6m122.7m44.6m34.7m147.2m45.0m36.8m99.2m53.4m

Gross profit Margin, %

3%7%2%3%7%7%11%12%8%9%13%9%7%11%6%6%8%8%

General and administrative expense

12.6m25.5m9.9m13.3m32.4m18.9m19.9m24.1m18.2m19.7m26.3m19.6m17.6m27.9m18.6m16.9m20.9m17.8m

Operating expense total

29.5m41.3m24.6m27.3m56.3m41.7m43.0m46.0m40.4m40.8m49.1m43.5m41.1m59.5m49.2m46.3m53.1m47.3m

Depreciation and amortization

4.0m2.3m2.3m2.4m5.0m5.2m

EBIT

(3.8m)82.6m(5.7m)(7.0m)51.7m3.9m16.5m37.3m(4.0m)(1.2m)73.6m1.1m(6.4m)87.7m(4.2m)(9.5m)46.1m6.0m

EBIT margin, %

0%4%(1%)(1%)3%1%3%5%(1%)0%8%0%(1%)7%(1%)(2%)4%1%

Interest expense

7.2m6.4m7.0m6.5m6.7m7.2m8.3m7.2m9.9m9.4m9.1m12.0m10.0m

Interest income

261.0k106.0k160.0k122.0k112.0k117.0k138.0k127.0k212.0k40.0k84.0k88.0k75.0k112.0k169.0k123.0k187.0k140.0k

Pre tax profit

77.2m(9.8m)(11.1m)44.6m(2.4m)10.3m30.3m(10.3m)(7.9m)66.6m(7.0m)(13.5m)77.9m(13.5m)(18.1m)34.3m(3.7m)

Income tax expense

4.6m1.9m(275.0k)(356.0k)650.0k148.0k1.7m525.0k(573.0k)909.0k2.1m813.0k853.0k3.0m(286.0k)295.0k413.0k1.1m

Net Income

(6.4m)75.3m(9.5m)(10.7m)43.9m(2.5m)8.6m29.8m(9.7m)(8.8m)64.5m(7.8m)(14.3m)74.9m(13.2m)(18.4m)33.9m(4.8m)

Sprague Balance Sheet

Annual

usdY, 2012FY, 2013Y, 2013Y, 2014FY, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018

Cash

3.7m998.0k2.0m4.1m4.1m31.0m31.0m2.7m6.8m7.5m

Accounts Receivable

240.8m240.8m289.4m289.4m160.8m160.8m222.0m316.6m269.9m

Prepaid Expenses

25.4m52.4m57.0m39.9m8.9m

Inventories

348.1m348.1m390.6m390.6m241.3m241.3m318.9m335.9m259.6m

Current Assets

682.6m682.6m967.3m967.3m647.9m647.9m653.7m806.5m699.3m

PP&E

116.8m116.8m250.1m250.1m250.9m250.9m251.1m350.1m349.8m

Goodwill

37.4m37.4m63.3m63.3m63.3m63.3m70.6m115.0m115.0m

Total Assets

853.6m853.6m1.3b1.3b1.0b1.0b1.0b1.4b1.2b

Accounts Payable

175.2m175.2m198.6m198.6m91.4m91.4m138.4m205.1m198.0m

Short-term debt

126.8m126.7m397.2m398.5m333.9m332.9m275.6m154.3m

Current Liabilities

471.2m471.2m765.5m765.5m524.3m524.3m451.2m704.2m523.2m

Long-term debt

335.9m332.8m418.4m423.8m283.6m283.6m449.7m506.8m

Total Debt

459.5m459.5m815.6m822.3m616.5m616.5m725.4m661.1m

Total Liabilities

823.6m1.2b842.8m887.0m1.2b1.1b

Common Stock

89.2m

Total Equity

853.6m1.3b1.0b1.4b1.2b

Debt to Equity Ratio

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

Debt to Assets Ratio

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

Financial Leverage

1 x1 x1 x1 x1 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

800.05.2m1.2m385.0k21.6m9.2m15.0m8.3m11.2m3.4m14.5m3.6m3.2m5.6m8.6m18.6m6.5m6.1m

Accounts Receivable

284.2m153.2m153.5m342.2m164.1m139.7m167.8m117.1m133.3m196.5m119.3m144.4m281.5m184.2m190.8m274.8m160.9m

Prepaid Expenses

24.6m18.9m49.3m50.1m41.6m41.8m54.7m43.9m46.2m32.3m25.6m30.0m27.4m11.8m19.8m23.8m25.1m

Inventories

201.5m148.1m269.7m217.9m208.8m229.4m152.0m160.4m266.7m224.3m159.1m249.1m234.6m179.4m211.9m209.8m126.6m

Current Assets

552.7m378.9m571.4m802.1m558.9m576.9m516.7m414.6m548.0m531.6m375.1m491.0m602.6m428.7m491.6m572.3m385.1m

PP&E

115.4m114.0m113.8m251.3m250.6m250.7m250.3m250.6m250.7m257.9m297.1m311.4m349.0m350.3m350.1m347.1m345.0m

Goodwill

37.4m37.4m37.4m63.3m63.3m63.3m63.3m70.6m70.6m70.6m85.7m85.7m115.0m115.0m115.0m115.0m115.0m

Total Assets

800.0721.3m545.9m737.3m1.2b922.1m938.0m883.0m777.9m908.9m950.8m868.7m996.7m1.2b985.8m1.0b1.1b945.7m

Accounts Payable

153.4m67.2m104.0m125.0m74.3m90.9m67.2m60.4m63.3m81.6m50.7m62.3m90.7m69.5m94.4m113.9m64.2m

Short-term debt

90.7m206.0k150.4m259.7m208.2m231.1m92.6m1.5m198.3m92.5m19.1m22.3m243.2m57.2m40.5m131.4m21.2m

Current Liabilities

354.6m195.6m409.6m508.8m409.2m435.8m235.0m157.9m370.3m284.9m179.9m208.8m455.2m239.7m265.4m349.9m189.4m

Long-term debt

250.1m250.7m244.7m474.0m339.0m328.8m439.3m432.9m371.4m455.5m438.9m568.8m448.8m512.2m575.0m565.0m555.9m

Total Debt

464.3m337.6m247.7m391.8m728.4m542.0m555.2m527.5m434.4m569.7m548.0m458.0m591.1m692.1m569.5m615.5m696.4m577.0m

Total Liabilities

620.8m462.6m670.6m1.0b782.3m799.7m705.9m621.5m772.5m774.5m681.7m838.4m976.3m826.4m916.9m987.8m822.2m

Common Stock

76.2m103.6m55.7m70.3m

Retained Earnings

(200.0)

Total Equity

721.3m545.9m737.3m1.2b922.1m938.0m883.0m777.9m908.9m950.8m868.7m996.7m1.2b985.8m1.0b1.1b945.7m

Debt to Equity Ratio

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

Debt to Assets Ratio

580.4 k x0.5 x0.5 x0.5 x0.6 x0.6 x0.6 x0.6 x0.6 x0.6 x0.6 x0.5 x0.6 x0.6 x0.6 x0.6 x0.6 x0.6 x

Financial Leverage

1 x1 x1 x1 x1 x1 x1 x1 x1 x1 x1 x1 x1 x1 x1 x1 x1 x

Sprague Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(27.5m)122.8m78.3m10.2m29.5m79.8m

Depreciation and Amortization

15.5m17.6m20.3m25.2m33.4m36.9m

Accounts Receivable

(172.1m)(19.1m)127.2m(61.5m)(94.5m)45.0m

Inventories

57.8m84.5m149.2m(77.2m)(12.2m)76.3m

Accounts Payable

(6.6m)7.2m(127.4m)47.7m71.5m8.1m

Cash From Operating Activities

(79.5m)15.6m287.6m131.7m57.0m159.0m

Purchases of PP&E

(22.1m)(18.6m)(14.9m)(16.0m)(47.0m)(17.2m)

Cash From Investing Activities

(40.7m)(132.5m)(14.6m)(44.9m)(153.3m)(16.9m)

Short-term Borrowings

(34.6m)(244.7m)198.9m

Long-term Borrowings

32.0m

Dividends Paid

(40.0m)(31.6m)

Cash From Financing Activities

117.6m118.4m(246.0m)(115.1m)100.3m(141.3m)

Net Change in Cash

(2.7m)2.0m26.9m(28.3m)4.1m715.0k

Interest Paid

25.0m25.0m24.4m24.2m25.8m35.2m

Income Taxes Paid

3.2m1.8m3.9m789.0k1.7m4.1m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

5.2m75.3m65.8m55.1m43.9m41.4m50.0m29.8m20.1m11.3m64.5m56.7m42.4m74.9m61.7m43.3m33.9m29.1m

Depreciation and Amortization

12.5m3.0m6.1m9.1m5.9m12.0m15.4m5.0m10.7m16.0m5.9m12.9m19.5m8.4m16.8m25.1m8.4m16.8m

Accounts Receivable

56.8m(44.0m)86.5m84.1m(53.5m)124.3m147.9m(7.2m)43.4m27.1m25.5m102.7m77.7m34.7m131.4m124.9m(4.9m)108.5m

Inventories

144.2m146.6m200.0m78.4m172.6m181.8m161.1m89.7m81.3m(25.1m)95.5m163.9m73.9m101.2m156.5m123.9m49.8m133.0m

Accounts Payable

(61.7m)(11.1m)(103.0m)(67.8m)(80.4m)(141.6m)(124.7m)(27.5m)(36.4m)(30.2m)(52.4m)(91.5m)(80.5m)(116.7m)(130.3m)(114.8m)(109.5m)(161.2m)

Cash From Operating Activities

149.9m132.7m228.1m93.9m122.4m310.0m317.7m116.4m233.2m107.1m105.4m223.4m126.9m56.7m205.3m191.3m(3.0m)137.5m

Purchases of PP&E

(17.1m)(797.0k)(1.7m)(3.6m)(3.5m)(6.9m)(11.0m)(3.6m)(6.8m)(11.4m)(7.2m)(19.1m)(39.8m)(3.7m)(9.3m)(13.3m)(2.2m)(5.4m)

Cash From Investing Activities

(35.7m)(793.0k)(1.7m)(3.6m)(3.2m)(6.6m)(10.6m)(32.6m)(35.8m)(40.4m)(65.9m)(90.4m)(111.0m)(3.7m)(9.3m)(13.0m)(2.2m)(5.2m)

Short-term Borrowings

260.3m89.0m187.5m51.9m11.7m97.9m(35.0m)33.0m155.5m109.5m(22.5m)97.0m

Dividends Paid

(5.7m)(14.0m)(22.7m)(9.6m)(19.5m)

Cash From Financing Activities

(114.4m)(127.8m)(226.2m)(90.9m)(101.6m)(298.2m)(296.0m)(106.6m)(217.2m)(94.3m)(27.7m)(132.0m)(15.5m)(54.3m)(194.3m)(166.6m)4.0m(133.7m)

Net Change in Cash

4.2m240.0k(613.0k)17.5m5.2m10.9m(22.7m)(19.8m)(27.5m)11.8m966.0k512.0k(1.2m)1.8m11.8m(1.1m)(1.4m)

Interest Paid

17.7m4.7m8.6m12.2m6.9m12.9m18.3m5.8m11.5m17.7m5.9m11.8m18.3m9.0m17.6m25.4m10.8m20.2m

Income Taxes Paid

3.2m4.0k988.0k1.3m773.0k2.7m3.5m153.0k857.0k755.0k922.0k1.5m1.6m1.6m3.0m3.5m2.9m5.7m

Sprague Ratios

USDY, 2019

EV/EBIT

157.7 x

EV/CFO

6.9 x

Debt/Equity

0.6 x

Debt/Assets

0.6 x

Financial Leverage

1 x

Sprague Employee Rating

3.630 votes
Culture & Values
3.3
Work/Life Balance
3.3
Senior Management
3.4
Salary & Benefits
3.4
Career Opportunities
3.1
Source