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Summary - Funding Rounds

Founding Date

1957

Symetra Revenue Breakdown

Embed Graph

Symetra revenue breakdown by business segment: 64.7% from Benefits, 35.9% from Individual Life and -0.6% from Other

Symetra Income Statement

Annual

USDFY, 2017FY, 2018

Revenue

2.5b2.3b

Revenue growth, %

17%(7%)

Operating expense total

1.6b1.5b

Depreciation and amortization

161.2m178.7m

Interest expense

29.0m24.6m

Pre tax profit

97.1m(143.3m)

Income tax expense

131.8m(81.5m)

Net Income

228.9m(61.8m)

Quarterly

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

Revenue

599.8m623.0m641.3m612.3m670.6m503.5m483.4m

Operating expense total

400.2m392.4m289.0m398.9m424.5m354.5m369.1m

Depreciation and amortization

40.8m43.4m34.9m25.4m44.3m49.6m49.7m

Interest expense

7.5m7.4m7.5m6.2m5.9m6.2m6.6m

Pre tax profit

11.4m45.4m(16.7m)24.7m(70.1m)(157.3m)

Income tax expense

(6.8m)(3.7m)9.8m(13.1m)(92.8m)(42.0m)

Net Income

18.2m49.1m(26.5m)37.8m22.7m(115.3m)

Symetra Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

390.1m362.0m297.8m

Accounts Receivable

216.1m240.3m219.4m

Goodwill

563.0m563.0m563.0m

Total Assets

40.3b42.9b49.3b

Accounts Payable

707.5m706.6m705.7m

Total Liabilities

36.5b38.6b45.9b

Additional Paid-in Capital

3.7b3.5b3.5b

Retained Earnings

17.0m144.8m127.3m

Total Equity

3.8b4.2b3.3b

Financial Leverage

10.5 x10.2 x14.8 x

Symetra Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

10.5m228.9m(61.8m)

Depreciation and Amortization

79.9m86.9m87.0m

Cash From Operating Activities

1.0b1.1b598.2m

Cash From Investing Activities

2.6b(2.0b)(2.2b)

Long-term Borrowings

(300.0m)(450.0m)

Dividends Paid

(180.0m)(70.0m)

Cash From Financing Activities

1.7b880.0m1.5b

Net Change in Cash

217.9m(28.1m)(62.6m)

Interest Paid

42.3m25.1m25.6m

Income Taxes Paid

(4.5m)28.2m19.3m

Quarterly

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

Net Income

18.2m43.6m92.7m(26.5m)11.3m34.0m(115.3m)

Depreciation and Amortization

21.7m43.5m65.2m21.7m43.5m65.2m21.8m

Cash From Operating Activities

258.6m556.2m845.1m353.2m711.1m553.0m259.3m

Cash From Investing Activities

(561.9m)(1.2b)(1.6b)(456.0m)(942.4m)(1.1b)(877.7m)

Long-term Borrowings

(450.0m)(450.0m)(450.0m)

Dividends Paid

(180.0m)(180.0m)(180.0m)(70.0m)(70.0m)(2.2b)

Cash From Financing Activities

416.7m710.5m837.8m133.5m336.7m738.6m874.4m

Net Change in Cash

113.4m35.9m56.5m30.7m105.4m228.6m256.0m

Symetra Ratios

USDFY, 2016

Financial Leverage

10.5 x

Symetra Operating Metrics

FY, 2018

Customers

2.6 m

Symetra Employee Rating

3.9364 votes
Culture & Values
3.9
Work/Life Balance
4
Senior Management
3.2
Salary & Benefits
3.7
Career Opportunities
3.3
Source