The Valspar Corporation

Valspar is the fourth largest global manufacturer and distributor of paints and coatings. Since 1806, Valspar has provided customers and consumers with industry-leading innovation, high quality products and superior customer service. The company manufactures and distributes industrial coatings used in a variety of applications including automotive, general metals, consumer packaging and wood. In addition, Valspar's paints and stains are sold to consumers and professional painters under recognized global brands including the flagship Valspar brand, Cabot wood stains, Huarun paints in China and Wattyl paints in Australia. Valspar supports the mission of Habitat for Humanity, a charitable organization committed to helping eliminate poverty and improving people's lives with housing for individuals and families in need. As the national paint sponsor for their operations in the United States, our commitment as an organization extends well beyond financial support. In 2015, Valspar donated more than $6 million in paint and $350,000 to support Habitat’s affordable housing work, and anticipates maintaining this level of support through 2019. For more than 200 years, Valspar’s leadership in technology and innovation has enhanced the beauty of homes, improved the durability of industrial products and protected what we eat and drink. It's why we say, "if it matters, we're on it."
Type
Public
HQ
Minneapolis, US
Founded
1806
Size (employees)
10,740 (est)-2%
The Valspar Corporation was founded in 1806 and is headquartered in Minneapolis, US

The Valspar Corporation Office Locations

The Valspar Corporation has an office in Minneapolis
Minneapolis, US (HQ)
1101 S 3rd St

The Valspar Corporation Data and Metrics

The Valspar Corporation Financial Metrics

The Valspar Corporation's revenue was reported to be $4.2 b in FY, 2016 which is a 5% decrease from the previous period.
USD

Revenue (FY, 2016)

4.2 b

Revenue growth (FY, 2015 - FY, 2016), %

(5%)

Gross profit (FY, 2016)

1.5 b

Gross profit margin (FY, 2016), %

37%

Net income (FY, 2016)

353 m

EBIT (FY, 2016)

529 m

Market capitalization (31-May-2017)

9 b

Closing share price (31-May-2017)

113

Cash (28-Oct-2016)

174.7 m

EV

10.5 b
The Valspar Corporation's current market capitalization is $9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.1 b4.5 b4.4 b4.2 b

Revenue growth, %

10%(3%)(5%)

Cost of goods sold

2.7 b3 b2.8 b2.7 b

Gross profit

1.4 b1.6 b1.6 b1.5 b

Gross profit Margin, %

34%35%36%37%

R&D expense

121.6 m134.1 m132.8 m139.3 m

General and administrative expense

727.8 m832.3 m810.1 m867.2 m

Operating expense total

849.4 m966.5 m942.9 m1 b

EBIT

492.4 m559.9 m648 m529 m

EBIT margin, %

12%12%15%13%

Interest expense

64.8 m65.3 m81.3 m90.6 m

Pre tax profit

423.8 m491.9 m563.8 m434.5 m

Income tax expense

134.5 m146.5 m164.3 m81.5 m

Net Income

289.3 m345.4 m399.5 m353 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

216.2 m128.2 m186 m174.7 m

Accounts Receivable

425 k88.8 m

Inventories

439 m486.3 m451.9 m473.3 m

Current Assets

1.6 b1.6 b1.6 b1.6 b

PP&E

633.5 m645.1 m632.8 m668.4 m

Goodwill

1.1 b1.1 b1.3 b1.3 b

Total Assets

4 b4 b4.3 b4.3 b

Accounts Payable

618.8 m600.9 m553.7 m553.2 m

Total Debt

1.1 b1.7 b1.7 b

Current Liabilities

1.5 b1.7 b1.4 b1.3 b

Common Stock

59.2 m59.2 m59.2 m59.2 m

Additional Paid-in Capital

444.6 m458.4 m474 m495.9 m

Retained Earnings

1.6 b1.9 b2.2 b2.5 b

Total Equity

1.1 b1 b855 m1.1 b

Debt to Equity Ratio

1.1 x2 x1.5 x

Debt to Assets Ratio

0.3 x0.4 x0.4 x

Financial Leverage

3.6 x4 x5.1 x3.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

289.3 m345.4 m399.5 m353 m

Depreciation and Amortization

81.1 m92.6 m83 m86.2 m

Accounts Receivable

(1.9 m)(1.1 m)(1 m)

Inventories

(2.5 m)1.5 m(2 m)

Accounts Payable

173 k(520 k)465 k

Purchases of PP&E

(116.7 m)(121.3 m)(97.1 m)(120.4 m)

Cash From Investing Activities

(314 m)(112 m)(380 m)(134.3 m)

Dividends Paid

(81.2 m)(87.4 m)(96.9 m)(104.6 m)

Cash From Financing Activities

(108 m)(312.7 m)82.6 m(356.2 m)

Interest Paid

90.4 m

Income Taxes Paid

120.2 m
USDY, 2016

EV/EBIT

19.9 x

Revenue/Employee

381 k

Debt/Equity

1.5 x

Debt/Assets

0.4 x

Financial Leverage

3.9 x

The Valspar Corporation Market Value History

The Valspar Corporation Median Salaries

Source: 11 public H-1B filings from The Valspar Corporation

The Valspar Corporation Online and Social Media Presence

The Valspar Corporation Company Life and Culture

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