Symantec provides security, storage and systems management solutions that help consumers secure and manage their information. The Company operates through three segments: consumer security, enterprise security and information management. The consumer security segment offers Norton-branded services that provide multi-layer security and identity protection on desktop and mobile operating systems to defend against online threats to individuals, families and small businesses. The enterprise security segment provides secure socket layer certificates, authentication, mail and web security, data center security, data loss prevention, information security services, endpoint security and management, encryption and mobile security services. The information management segment focuses on backup and recovery, archiving and e-discovery, storage and high availability solutions helping to ensure that its customers’ IT infrastructure and mission-critical applications are protected, managed and available.

Company Growth (employees)
Type
Public
HQ
Mountain View, US
Founded
1982
Size (employees)
11,000 (est)
Symantec was founded in 1982 and is headquartered in Mountain View, US

Key People at Symantec

Greg Clark

Greg Clark

Chief Executive Officer
Nick Noviello

Nick Noviello

Executive Vice President and Chief Financial Officer
Amy Cappellanti-Wolf

Amy Cappellanti-Wolf

SVP & CHRO
Sheila Jordan

Sheila Jordan

SVP & Chief Information Officer
Fran Rosch

Fran Rosch

EVP
Scott Taylor

Scott Taylor

Executive Vice President, General Counsel and Secretary

Symantec Office Locations

Symantec has offices in Mountain View, Chennai, Lindon, Culver City and in 72 other locations
Mountain View, US (HQ)
350 Ellis Street
Show all (76)

Symantec Data and Metrics

Symantec Financial Metrics

Symantec's revenue was reported to be $4 b in FY, 2017 which is a 12% increase from the previous period.
USD

Revenue (FY, 2017)

4 b

Revenue growth (FY, 2016 - FY, 2017), %

12%

Gross profit (FY, 2017)

3.2 b

Gross profit margin (FY, 2017), %

79%

Net income (FY, 2017)

(106 m)

EBIT (FY, 2017)

(100 m)

Market capitalization (17-Aug-2017)

17.1 b

Cash (31-Mar-2017)

4.2 b

EV

21 b
Symantec's current market capitalization is $17.1 b.
USDFY, 2015FY, 2016FY, 2017

Revenue

4 b3.6 b4 b

Revenue growth, %

(9%)12%

Cost of goods sold

727 m615 m853 m

Gross profit

3.2 b3 b3.2 b

Gross profit Margin, %

82%83%79%

Sales and marketing expense

1.7 b1.3 b1.5 b

R&D expense

812 m748 m823 m

General and administrative expense

362 m295 m564 m

Operating expense total

3.1 b2.5 b3.3 b

EBIT

154 m457 m(100 m)

EBIT margin, %

4%13%(2%)

Interest expense

78 m75 m208 m

Interest income

11 m10 m21 m

Pre tax profit

101 m392 m(262 m)

Income tax expense

8 m1.2 b(26 m)

Net Income

878 m2.5 b(106 m)
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

1.7 b1.6 b1.6 b1.5 b1.5 b884 m979 m1 b

Cost of goods sold

309 m278 m279 m254 m264 m149 m210 m235 m

Gross profit

1.4 b1.3 b1.4 b1.2 b1.2 b735 m769 m806 m

Gross profit Margin, %

82%83%83%83%82%83%79%77%

Sales and marketing expense

644 m565 m563 m521 m516 m291 m338 m377 m

R&D expense

308 m276 m267 m284 m293 m170 m200 m204 m

General and administrative expense

103 m93 m94 m96 m94 m84 m145 m131 m

Operating expense total

1.1 b934 m924 m901 m903 m545 m683 m550 m

EBIT

322 m348 m327 m201 m203 m106 m(12 m)(16 m)

EBIT margin, %

19%22%20%13%14%12%(1%)(2%)

Interest expense

(21 m)(19 m)(20 m)(20 m)(19 m)(27 m)(52 m)(55 m)

Interest income

3 m3 m3 m3 m3 m5 m4 m5 m

Pre tax profit

305 m333 m312 m173 m189 m97 m(50 m)(61 m)

Income tax expense

69 m89 m90 m56 m33 m31 m19 m(5 m)

Net Income

236 m244 m222 m117 m156 m135 m(144 m)46 m
USDFY, 2015FY, 2016FY, 2017

Cash

2.8 b6 b4.2 b

Accounts Receivable

700 m556 m649 m

Current Assets

5.4 b7 b5.3 b

PP&E

950 m957 m937 m

Goodwill

3.1 b3.1 b8.6 b

Total Assets

13.2 b11.8 b18.2 b

Accounts Payable

169 m175 m180 m

Total Debt

2.1 b2.2 b8.2 b

Current Liabilities

4.5 b4 b4.6 b

Total Liabilities

7.3 b8.1 b14.7 b

Additional Paid-in Capital

6.1 b4.3 b4.2 b

Retained Earnings

(270 m)(655 m)(761 m)

Total Equity

5.9 b3.7 b3.5 b

Debt to Equity Ratio

0.4 x0.6 x2.3 x

Debt to Assets Ratio

0.2 x0.2 x0.5 x

Financial Leverage

2.2 x3.2 x5.2 x
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

3.1 b3 b2.8 b3 b3.1 b6.1 b5.6 b5.6 b

Accounts Receivable

685 m722 m982 m604 m738 m314 m459 m557 m

Inventories

11 m11 m12 m

Current Assets

5.3 b5 b5.3 b5 b4.7 b6.8 b6.5 b6.5 b

PP&E

1.1 b1.2 b1.2 b1.2 b1.3 b904 m933 m893 m

Goodwill

5.9 b5.9 b5.9 b5.8 b5.8 b3.1 b7.2 b7.2 b

Total Assets

13.2 b12.9 b13.1 b12.8 b12.5 b11.5 b16.9 b16.8 b

Accounts Payable

230 m219 m212 m184 m326 m115 m139 m143 m

Current Liabilities

4 b4 b4.2 b4.1 b3.7 b3.3 b3.5 b3.6 b

Common Stock

7 m7 m7 m

Additional Paid-in Capital

6.5 b6.4 b6.2 b5.9 b5.8 b5.2 b

Retained Earnings

(912 m)(668 m)(446 m)(153 m)3 m(520 m)(664 m)(618 m)

Total Equity

5.8 b5.9 b5.9 b3.8 b3.9 b3.9 b

Financial Leverage

2.3 x2.2 x2.1 x3.1 x4.4 x4.2 x
USDFY, 2015FY, 2016FY, 2017

Net Income

878 m2.5 b(106 m)

Depreciation and Amortization

147 m

Accounts Receivable

45 m

Accounts Payable

(67 m)

Cash From Operating Activities

1.3 b796 m(220 m)

Purchases of PP&E

(303 m)(272 m)(70 m)

Cash From Investing Activities

(1.1 b)7.2 b(6.8 b)

Dividends Paid

(222 m)

Cash From Financing Activities

(811 m)(4.8 b)5.3 b

Interest Paid

75 m70 m143 m

Income Taxes Paid

353 m302 m1.1 b
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

236 m244 m222 m117 m156 m135 m(144 m)46 m

Depreciation and Amortization

13 m13 m12 m13 m10 m14 m34 m43 m

Accounts Receivable

738 m314 m459 m557 m

Accounts Payable

230 m219 m212 m184 m326 m115 m139 m143 m
USDY, 2017

EV/EBIT

-210.2 x

EV/CFO

-95.5 x

Revenue/Employee

365.4 k

Debt/Equity

2.3 x

Debt/Assets

0.5 x

Financial Leverage

5.2 x

Symantec Operating Metrics

Symantec's Customers was reported to be 350 k in FY, 2016
FY, 2014FY, 2015FY, 2016FY, 2017

Patents (US)

2.2 k2.7 k1.7 k2.1 k

Countries

50503540

End Points Protected

175 m175 m175 m

Threat Response Centers

999

Customers

350 k

Symantec Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
FireglassJuly 06, 2017
LifeLockNovember 20, 2016$2.3 b
Blue CoatJune 13, 2016$4.7 b

Symantec Market Value History

Symantec Revenue Breakdown

Symantec Job Categories

Symantec Median Salaries

Source: 1.3 k public H-1B filings from Symantec

Traffic Overview of Symantec

Symantec Online and Social Media Presence

Symantec News and Updates

Google is fighting with Symantec over encrypting the internet

 Google, which has accused Symantec and its partners of misissuing tens of thousands of certificates for encrypted web connections, quietly announced Thursday that it’s downgrading the level and length of trust Chrome will place in certificates issued by Symantec. Encrypted web connections — HTTPS c…

LifeLock shares jump on $2.3-billion deal with Symantec

Shares of LifeLock Inc. jumped in early trading after the identity and fraud protection services company agreed to be acquired for $2.3 billion by security software maker Symantec Corp., but Symantec shares declined a bit.   Symantec said over the weekend that the deal will enable it to bolster.…

Symantec to purchase LifeLock for $2.3 billion

(Reuters) – Symantec said it would acquire U.S. identity theft protection services company LifeLock for $2.3 billion, in a deal that it hopes will prop up sales at its Norton cybersecurity unit. Symantec’s security software often comes bundled with personal computers. As a result, the company has su…

Symantec Is Acquiring LifeLock for $2.3 Billion

The deal includes $750 million in debt, Symantec said.

Symantec Warns Another Hacker Group Is Targeting SWIFT Users

It appears to be a financially motivated criminal group—not a nation state.

New spyware detected targeting firms in Russia, China: Symantec

FRANKFURT (Reuters) - A previously unknown group called "Strider" has been conducting cyber-espionage attacks against selected targets in Russia, China, Sweden, and Belgium, U.S.-based computer security firm Symantec Corp said on Monday.
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Symantec Company Life and Culture

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