$572.6 M

United Refining Revenue Q3, 2017
United Refining Gross profit (Q3, 2017)62.5 M
United Refining Gross profit margin (Q3, 2017), %10.9%
United Refining Net income (Q3, 2017)2.5 M
United Refining EBIT (Q3, 2017)7.6 M
United Refining Cash, 31-May-201743.8 M

United Refining Revenue

United Refining revenue was $2.09 b in FY, 2016 which is a 194.6% year over year increase from the previous period.

Embed Graph

United Refining Funding

Summary Metrics

Founding Date

1902

United Refining Income Statement

Annual

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

Revenue

3.7b3.7b3.4b2.7b2.1b

Revenue growth, %

195%

Cost of goods sold

3.2b3.2b3.1b2.4b1.8b

Gross profit

532.9m521.7m338.7m364.7m244.3m

Gross profit Margin, %

14%14%10%13%12%

General and administrative expense

157.6m163.9m162.8m165.1m170.9m

Operating expense total

174.6m193.1m194.6m206.6m218.7m

Depreciation and amortization

26.9m31.8m41.6m47.8m

EBIT

358.4m328.6m144.2m158.0m25.6m

EBIT margin, %

10%9%4%6%1%

Interest expense

40.9m61.6m29.2m30.5m35.6m

Pre tax profit

312.8m267.0m114.9m127.5m(10.0m)

Income tax expense

122.0m98.3m43.8m45.5m(3.6m)

Net Income

190.8m168.7m71.1m82.1m(6.4m)

United Refining Balance Sheet

Annual

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

Cash

137.5m158.5m99.0m117.0m48.4m

Accounts Receivable

120.6m125.2m92.4m81.6m71.5m

Prepaid Expenses

19.8m42.1m67.2m28.0m

Inventories

156.2m131.0m151.5m206.1m167.1m

Current Assets

435.3m477.7m429.7m433.1m326.5m

PP&E

253.4m289.1m317.5m347.8m403.6m

Goodwill

1.3m1.3m1.3m1.3m1.3m

Total Assets

728.3m796.3m870.5m885.5m879.7m

Accounts Payable

42.2m54.2m91.9m44.8m61.8m

Short-term debt

1.3m1.6m1.6m3.1m

Current Liabilities

120.4m103.1m137.0m100.9m133.5m

Long-term debt

358.7m237.1m238.0m239.1m

Total Debt

360.0m238.7m239.5m242.2m

Total Liabilities

587.1m439.1m486.2m467.7m536.2m

Common Stock

72.4m100.0

Preferred Stock

14.1m

Additional Paid-in Capital

24.8m159.8m156.8m156.8m157.3m

Retained Earnings

136.0m190.3m222.5m263.5m208.5m

Total Equity

141.3m357.2m384.2m417.7m343.6m

Debt to Equity Ratio

2.5 x0.7 x0.6 x0.6 x

Debt to Assets Ratio

0.5 x0.3 x0.3 x0.3 x

Financial Leverage

5.2 x2.2 x2.3 x2.1 x2.6 x

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

58.3m17.5m51.2m183.8m116.6m124.1m119.4m172.3m46.0m67.7m60.0m146.3m100.9m80.6m78.9m50.6m43.9m43.8m

Accounts Receivable

104.3m113.2m122.3m101.8m109.5m103.9m103.0m98.0m108.0m93.4m72.4m74.7m66.7m50.9m67.3m60.2m69.1m79.1m

Prepaid Expenses

29.4m22.6m44.9m49.6m49.6m45.1m41.8m30.8m57.1m47.8m29.0m22.0m41.8m14.6m19.4m20.0m21.6m16.9m

Inventories

155.2m194.4m170.1m161.4m203.0m226.5m185.0m225.6m248.2m189.5m198.8m189.0m154.3m133.5m164.1m159.9m172.2m202.1m

Current Assets

356.6m350.1m388.5m497.7m479.2m499.5m470.6m526.7m465.9m418.4m384.1m442.9m370.2m301.2m342.4m315.4m335.9m370.4m

PP&E

272.8m271.8m273.2m254.9m258.3m269.3m295.4m299.6m309.7m323.0m326.7m332.6m360.6m380.0m393.6m410.1m410.0m408.7m

Goodwill

1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m

Total Assets

673.5m664.6m704.3m789.7m772.6m801.9m793.6m853.9m829.8m860.7m825.4m885.2m886.3m843.5m891.7m864.9m882.9m911.2m

Accounts Payable

66.3m44.0m41.7m49.6m54.9m59.4m57.8m51.4m65.3m53.1m37.9m43.8m47.3m44.4m59.3m47.0m47.2m47.7m

Short-term debt

1.1m1.1m1.2m1.5m1.5m1.6m1.9m1.7m1.6m1.6m1.5m1.5m26.6m28.1m28.1m28.8m29.6m29.8m

Current Liabilities

130.3m85.4m122.2m154.6m104.8m120.3m107.9m112.4m116.5m101.8m73.2m101.9m126.2m107.0m131.8m116.6m115.0m121.6m

Long-term debt

356.8m357.1m357.8m358.5m358.6m359.2m238.3m238.2m238.1m238.1m238.1m238.0m230.7m272.9m266.7m271.6m295.5m321.0m

Total Debt

357.9m358.2m359.0m360.0m360.1m360.8m240.2m239.9m239.7m239.7m239.6m239.5m257.3m301.0m294.8m300.5m325.1m350.8m

Total Liabilities

580.7m603.0m574.6m619.1m568.0m584.3m442.5m447.9m451.1m461.3m441.3m469.8m476.8m501.3m524.4m531.4m553.4m581.6m

Common Stock

100.0100.0100.0100.0100.0100.0100.0100.0

Preferred Stock

14.1m14.1m14.1m14.1m14.1m

Additional Paid-in Capital

24.8m24.8m24.8m24.8m24.8m24.8m157.3m157.3m157.3m156.8m156.8m156.8m156.8m156.8m156.8m157.3m157.3m157.3m

Retained Earnings

72.2m40.9m109.0m165.2m198.9m211.7m187.0m242.1m214.9m238.0m223.0m254.8m255.7m189.0m214.6m198.5m194.7m195.1m

Total Equity

92.8m61.5m129.6m170.7m204.6m217.6m351.1m406.0m378.7m399.4m384.0m415.4m409.5m342.2m367.3m333.4m329.5m329.7m

Debt to Equity Ratio

3.9 x5.8 x2.8 x2.1 x1.8 x1.7 x0.7 x0.6 x0.6 x0.6 x0.6 x0.6 x0.6 x0.9 x0.8 x0.9 x1 x1.1 x

Debt to Assets Ratio

0.5 x0.5 x0.5 x0.5 x0.5 x0.4 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.3 x0.4 x0.3 x0.3 x0.4 x0.4 x

Financial Leverage

7.3 x10.8 x5.4 x4.6 x3.8 x3.7 x2.3 x2.1 x2.2 x2.2 x2.1 x2.1 x2.2 x2.5 x2.4 x2.6 x2.7 x2.8 x

United Refining Cash Flow

Annual

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

Net Income

190.8m168.7m71.1m82.1m(6.4m)

Depreciation and Amortization

49.4m29.3m34.1m44.0m49.2m

Accounts Receivable

9.2m4.6m32.8m10.8m10.1m

Inventories

(15.7m)(25.3m)(20.5m)(54.6m)39.1m

Accounts Payable

37.7m9.1m(18.4m)17.0m

Cash From Operating Activities

231.9m164.4m111.2m143.7m102.0m

Purchases of PP&E

(19.8m)(41.6m)(49.3m)(50.2m)(81.9m)

Cash From Investing Activities

(20.9m)(42.8m)(128.2m)(82.6m)(159.9m)

Short-term Borrowings

24.0m

Long-term Borrowings

(1.2m)(129.4m)(2.0m)(1.7m)(258.7m)

Dividends Paid

(64.9m)(114.3m)(39.0m)(41.1m)(48.6m)

Cash From Financing Activities

(90.1m)(100.6m)(42.5m)(43.1m)(10.8m)

Net Change in Cash

120.9m21.0m(59.5m)18.0m(68.7m)

Interest Paid

39.3m38.8m25.6m25.5m11.6m

Income Taxes Paid

75.0m135.4m49.4m17.9m11.4m

Quarterly

USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

62.0m61.8m129.9m59.6m123.2m167.8m(1.1m)56.6m59.8m17.6m19.2m53.9m(5.6m)(31.2m)(3.5m)(7.8m)(9.5m)(7.0m)

Depreciation and Amortization

6.9m13.7m20.7m6.8m14.2m21.5m7.6m15.3m23.1m11.0m22.1m33.2m12.2m25.3m37.8m12.3m24.0m35.5m

Accounts Receivable

7.1m(1.8m)(10.9m)(18.8m)(11.1m)(16.7m)(22.2m)(27.2m)17.2m(986.0k)20.0m17.7m14.9m30.7m14.2m11.3m2.4m(7.6m)

Inventories

16.7m(22.5m)1.8m5.2m46.8m70.2m54.1m94.6m(117.3m)38.0m(47.3m)(37.5m)51.8m72.5m42.0m7.1m(5.2m)(35.1m)

Accounts Payable

(13.6m)(35.9m)(38.3m)(7.4m)(12.7m)(17.2m)11.1m(10.2m)(25.4m)(19.5m)2.5m(408.0k)14.4m(14.8m)(14.6m)(14.1m)

Cash From Operating Activities

72.8m1.6m106.6m82.9m54.7m109.5m(23.7m)44.2m(5.8m)12.4m31.7m133.3m51.1m68.7m94.9m604.0k(17.6m)(33.8m)

Purchases of PP&E

(6.1m)(10.0m)(15.7m)(5.7m)(14.3m)(29.5m)(11.1m)(20.4m)(36.6m)(10.9m)(20.1m)(31.2m)(18.7m)(44.9m)(64.4m)(12.7m)(20.0m)(26.7m)

Cash From Investing Activities

(6.9m)(11.2m)(16.2m)(5.8m)(14.5m)(29.7m)(11.6m)(23.4m)(68.8m)(41.3m)(51.3m)(63.2m)(73.4m)(112.7m)(132.1m)(13.9m)(24.6m)(31.6m)

Short-term Borrowings

(24.0m)42.0m(24.0m)

Long-term Borrowings

(275.0k)(560.0k)(854.0k)(354.0k)(793.0k)(1.2m)(454.0k)(1.0m)(1.5m)(414.0k)(804.0k)(1.2m)(237.7m)(244.5m)(251.6m)(7.1m)(14.6m)(22.1m)

Dividends Paid

(31.0m)(31.0m)(30.5m)(60.3m)(92.1m)(2.2m)(4.8m)(35.2m)(2.1m)(18.7m)(21.6m)(2.1m)(43.3m)(45.4m)(2.1m)(4.2m)(6.4m)

Cash From Financing Activities

(24.3m)10.4m(55.9m)(30.8m)(61.1m)(93.3m)(3.9m)(7.0m)(37.9m)(2.5m)(19.5m)(22.9m)6.1m7.6m(854.0k)15.5m37.7m60.9m

Net Change in Cash

41.7m802.0k34.6m46.3m(20.9m)(13.4m)(39.1m)13.8m(112.5m)(31.4m)(39.0m)47.2m(16.2m)(36.4m)(38.1m)2.2m(4.4m)(4.6m)

Interest Paid

427.0k19.7m20.1m66.0k19.3m19.4m156.0k12.8m13.0m163.0k12.8m12.9m3.8m6.6m9.2m2.5m5.2m8.2m

Income Taxes Paid

3.7m22.7m38.0m11.8m89.0m122.8m1.5m16.2m49.0m30.0k339.0k396.0k8.6m11.2m11.3m546.0k2.7m3.1m

United Refining Ratios

USDY, 2017

Revenue/Employee

2.3m

Debt/Equity

1.1 x

Debt/Assets

0.4 x

Financial Leverage

2.8 x

United Refining Employee Rating

4.110 votes
Culture & Values
2.9
Work/Life Balance
4.1
Senior Management
3.4
Salary & Benefits
3.7
Career Opportunities
3.6
Source