U.S. Silica is a producer of commercial silica used in the oil and gas industry, and in a wide range of industrial applications. The Company's operations are organized into two segments based on end markets served: Oil & Gas Proppants and Industrial & Specialty Products. In its largest end market, oil and gas proppants, the frac sand is used to stimulate and maintain the flow of hydrocarbons in oil and natural gas wells. U.S. Silica produces a wide range of frac sand sizes and are capable of efficient delivery of large quantities of API grade frac sand to most of the major U.S. shale basins via our logistics network. The Company's silica is also used as an economically irreplaceable raw material in a wide range of industrial applications, including glassmaking and chemical manufacturing. Additionally, U.S. Silica markets high-margin, performance silica products, including high-performance glass, specialty coatings, polymer additives and geothermal energy systems. U.S.
U.S. Silica Office Locations
U.S. Silica Data and Metrics
U.S. Silica Financial Metrics
Revenue (FY, 2016) | 559.6 m |
Gross profit (FY, 2016) | 82.3 m |
Gross profit margin (FY, 2016), % | 15% |
Net income (FY, 2016) | (41.1 m) |
EBIT (FY, 2016) | (53.5 m) |
Market capitalization (19-Jul-2017) | 2.8 b |
Closing share price (19-Jul-2017) | 33.4 |
Cash (31-Dec-2016) | 711.2 m |
EV | 2.6 b |
| USD | FY, 2016 |
|---|---|
Revenue | 559.6 m |
Cost of goods sold | 477.3 m |
Gross profit | 82.3 m |
Gross profit Margin, % | 15% |
General and administrative expense | 67.7 m |
Operating expense total | 135.9 m |
EBIT | (53.5 m) |
EBIT margin, % | (10%) |
Interest expense | (28 m) |
Pre tax profit | (77.7 m) |
Income tax expense | 36.7 m |
Net Income | (41.1 m) |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 78.3 m | 267.3 m | 277.1 m | 711.2 m |
Accounts Receivable | 75.2 m | 120.9 m | 58.7 m | 89 m |
Inventories | 11.1 m | 9.3 m | 9.9 m | 78.7 m |
Current Assets | 321.5 m | 562.3 m | 439.1 m | 892.9 m |
Goodwill | 68.4 m | 68.6 m | 68.6 m | 241 m |
Total Assets | 863.5 m | 1.2 b | 1.1 b | 2.1 b |
Accounts Payable | 37.4 m | 85.8 m | 49.6 m | 70.8 m |
Dividends Payable | 6.7 m | 6.8 m | 3.5 m | 5.2 m |
Total Debt | 371.5 m | 502.3 m | 491.7 m | 513.2 m |
Current Liabilities | 64.1 m | 146.3 m | 83.9 m | 110 m |
Total Liabilities | 799.9 m | |||
Common Stock | 534 k | 539 k | 539 k | 811 k |
Additional Paid-in Capital | 174.8 m | 191.1 m | 194.7 m | 1.1 b |
Retained Earnings | 138 m | (542 k) | (15.8 m) | 163.2 m |
Total Equity | 309.3 m | 1.1 b | 1.3 b | |
Debt to Equity Ratio | 1.2 x | 0.4 x | 0.4 x | |
Debt to Assets Ratio | 0.4 x | 0.4 x | 0.4 x | 0.2 x |
Financial Leverage | 2.8 x | 1 x | 1.6 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 75.3 m | 121.5 m | 11.9 m | (41.1 m) |
Depreciation and Amortization | 10.1 m | 12.7 m | 58.5 m | 68.1 m |
Accounts Receivable | (17 m) | (47 m) | 62.5 m | (13 m) |
Inventories | (24 m) | 34 k | 1.7 m | (10.2 m) |
Cash From Operating Activities | 46.5 m | 171.4 m | 61.5 m | 381 k |
Capital Expenditures | (60.5 m) | (92.6 m) | (53.6 m) | (46.5 m) |
Cash From Investing Activities | (135.1 m) | (201.7 m) | ||
Long-term Borrowings | (258 m) | (3.8 m) | (5.1 m) | (5.2 m) |
Dividends Paid | (13.3 m) | (26.9 m) | (26.8 m) | (15.1 m) |
Cash From Financing Activities | 105.9 m | 208.5 m | (47.5 m) | 635.4 m |
Interest Paid | 14.7 m | 15.9 m | 21.7 m | 22 m |
Income Taxes Paid | (18.2 m) | 2.1 m | (5.8 m) | 11.6 m |
Free Cash Flow | 106.9 m | 264 m | 115.1 m | (46.1 m) |
| USD | Y, 2016 |
|---|---|
EV/EBIT | -49.4 x |
EV/CFO | 6.9 k x |
EV/FCF | -57.3 x |
Revenue/Employee | 561.9 k |
Debt/Equity | 0.4 x |
Debt/Assets | 0.2 x |
Financial Leverage | 1.6 x |
