← ESCO TECHNOLOGIES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $45.9m | $53.7m | $92.1m | $81.0m | $102.0m | $63.5m | $82.3m | $92.5m | $101.9m | $299.2m | — | |
| Depreciation, Depletion and Amortization | $23.6m | $32.2m | $37.8m | $40.0m | $41.3m | $42.0m | $48.3m | $50.5m | $55.4m | $75.0m | $106.7m | |
| Amortization of Intangible Assets | $11.6m | $16.3m | $18.3m | $19.5m | $21.8m | $20.8m | $25.9m | $29.0m | $32.8m | $53.3m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $48.3m | $47.7m | $52.2m | $75.0m | $106.7m | |
| Deferred Income Tax Expense (Benefit) | ($3.0m) | $1.4m | ($21.6m) | $61k | ($2.6m) | ($3.0m) | $8.9m | ($6.3m) | ($9.0m) | ($11.0m) | $189k | |
| Deferred Income Tax | — | — | — | — | — | — | $8.9m | ($5.5m) | ($8.4m) | ($11.0m) | $189k | |
| Deferred Tax | — | — | — | — | — | — | $8.9m | ($5.5m) | ($8.4m) | ($11.0m) | $189k | |
| Share-based Payment Arrangement, Noncash Expense | $4.7m | $5.4m | $5.2m | $5.4m | $5.5m | $6.9m | $7.3m | $8.9m | $8.6m | $10.7m | $12.9m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | $180k | — | — | $180k | $180k | $180k | $180k | $180k | $12.9m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($11.7m) | ($56.1m) | ($33.4m) | $9.4m | $45.8m | |
| Increase (Decrease) in Accounts Receivable | $9.1m | $23.6m | $2.8m | $7.2m | ($14.6m) | ($11.3m) | $17.7m | $32.2m | $40.9m | $8.3m | ($8.3m) | |
| Change In Receivables | — | — | — | — | — | — | ($17.7m) | ($31.4m) | ($31.6m) | ($8.3m) | ($8.3m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($17.7m) | ($31.4m) | ($31.6m) | ($8.3m) | ($8.3m) | |
| Increase (Decrease) in Inventories | ($1.1m) | ($4.0m) | $9.8m | ($10.2m) | $11.2m | ($612k) | $13.8m | $18.5m | $23.5m | $5.1m | ($5.1m) | |
| Change In Inventory | — | — | — | — | — | — | ($13.8m) | ($16.3m) | ($24.4m) | ($5.1m) | ($5.1m) | |
| Increase (Decrease) in Accounts Payable | ($2.0m) | $8.7m | $9.4m | $7.4m | ($13.3m) | ($688k) | $22.0m | $7.0m | $10.7m | ($2.2m) | ($2.2m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $22.8m | $9.1m | $20.2m | $7.2m | ($2.2m) | |
| Change In Accrued Expense | — | — | — | — | — | — | $832k | $4.0m | $8.7m | $9.4m | $9.4m | |
| Other Operating Income (Expense), Net | ($7.8m) | $680k | ($3.7m) | ($2.2m) | ($7.1m) | $894k | $304k | ($1.9m) | ($2.1m) | ($2.8m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $73.9m |
$67.3m
-8.83%
|
$93.3m
+38.49%
|
$105.1m
+12.74%
|
$82.3m
-21.74%
|
$123.1m
+49.66%
|
$135.3m
+9.86%
|
$76.9m
-43.16%
|
$127.5m
+65.88%
|
$241.9m
+89.69%
|
$305.5m
+26.26%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | $8.9m | — | — | — | — | — | — | — | |
| Capital Expenditure | $13.8m | $29.7m | $20.6m | $37.2m | $32.1m | $26.7m | ($45.0m) | ($29.9m) | ($40.2m) | ($52.2m) | ($47.4m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $82.1m | $198.6m | $11.4m | $96.8m | — | $168.9m | $10.9m | $17.7m | $56.4m | $472.0m | ($10.2m) | |
| Net Cash Provided by (Used in) Investing Activities | ($104.6m) | ($233.9m) | ($41.6m) | ($125.1m) | $141.0m | ($202.4m) | ($55.9m) | ($52.5m) | ($104.6m) | ($255.8m) | ($57.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $80.0m | $92.0m | $110.0m | $65.0m | $235.0m | $124.4m | $101.0m | $154.0m | $197.0m | $597.0m | ($586.0m) | |
| Proceeds from Issuance of Long-term Debt | $140.0m | $257.0m | $55.0m | $131.3m | $12.4m | $216.0m | $100.0m | $103.0m | $217.0m | $661.0m | $146.0m | |
| Issuance Of Debt | — | — | — | — | — | — | $100.0m | $103.0m | $217.0m | $661.0m | $146.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $100.0m | $103.0m | $217.0m | $661.0m | $146.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($101.0m) | ($154.0m) | ($197.0m) | ($597.0m) | ($586.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($1.0m) | ($51.0m) | $20.0m | $64.0m | ($440.0m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($1.0m) | ($51.0m) | $20.0m | $64.0m | ($440.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($101.0m) | ($154.0m) | ($197.0m) | ($597.0m) | ($586.0m) | |
| Payments for Repurchase of Common Stock | $4.3m | $0 | $0 | — | — | — | $19.9m | $12.4m | $8.0m | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | ($8.3m) | ($8.3m) | — | — | — | — | |
| Common Stock Payments | — | — | — | — | — | — | ($19.9m) | ($12.4m) | ($8.0m) | $0 | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($19.9m) | ($12.4m) | ($8.0m) | $0 | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($19.9m) | ($12.4m) | ($8.0m) | $0 | $0 | |
| Dividends paid | $8.2m | $8.3m | $8.3m | $8.3m | $8.3m | $8.3m | $8.3m | $8.3m | $8.2m | $8.3m | ($8.3m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($8.3m) | ($8.3m) | ($8.2m) | ($8.3m) | ($8.3m) | |
| Proceeds from (Payments for) Other Financing Activities | ($128k) | $20k | ($3.1m) | ($3.4m) | ($3.1m) | ($1.8m) | ($3.0m) | ($4.9m) | ($1.5m) | ($6.2m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($3.0m) | ($6.7m) | ($4.5m) | ($6.2m) | ($11.9m) | |
| Net Cash Provided by (Used in) Financing Activities | $46.2m |
$156.8m
+239.14%
|
($66.4m)
-142.33%
|
$53.5m
+180.65%
|
($236.2m)
-541.39%
|
$81.5m
+134.49%
|
($32.1m)
-139.43%
|
($78.3m)
-143.85%
|
($773k)
+99.01%
|
$49.5m
+6508.93%
|
($460.2m)
-1028.95%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($1.1m) | $1.5m | ($335k) | $31.3m | ($9.2m) | $3.7m | $41.5m | ($55.9m) | $24.1m | $35.4m | $75.9m | |
| Beginning Cash Position | — | — | — | — | — | — | $56.2m | $97.7m | $41.9m | $66.0m | $78.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $61.8m | $52.6m | $56.2m | $97.7m | $41.9m | $66.0m | $101.3m | $75.9m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($5.7m) | ($1.9m) | $2.0m | ($304k) | ($2.6m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.4m | $3.7m | $8.5m | $8.1m | $5.9m | $590k | $2.8m | $8.7m | $14.5m | $17.4m | — | |
| Income Taxes Paid, Net | $22.6m | $3.7m | $8.8m | $26.1m | $37.7m | $26.1m | $9.9m | $30.2m | $38.0m | $50.0m | — | |
| Additional Financial Items | ||||||||||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | $0 | — | — | — | — | — | — | — | — | — | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | $0 | $0 | — | — | $77.1m | — | — | ($6.9m) | $747k | $172.6m | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $0 | $0 | — | — | ($601k) | — | — | ($6.9m) | $747k | $10.3m | — | |
| Gain (Loss) on Sale of Properties | — | — | — | — | — | $1.9m | — | — | — | — | — | |
| Goodwill | $323.6m | $377.9m | $381.7m | $409.2m | $408.1m | $504.9m | $492.7m | $503.2m | $539.9m | $761.9m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $45.9m | $53.7m | — | — | $25.5m | $63.5m | $82.3m | ($6.9m) | $747k | $116.3m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | $0 | — | — | — | — | — | ($6.9m) | $747k | $182.9m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | $0 | — | — | $76.5m | — | — | ($6.9m) | $747k | $182.9m | — | |
| Income Tax Expense (Benefit) | $22.5m | $26.4m | ($4.1m) | $21.2m | $14.3m | $17.2m | $24.1m | $26.4m | $28.0m | $36.6m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $33k | ($19k) | ($37k) | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($32.1m) | ($78.3m) | ($773k) | $49.5m | ($460.2m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($55.9m) | ($47.6m) | ($96.6m) | ($524.2m) | ($57.6m) | |
| Cash From Discontinued Financing Activities | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Cash From Discontinued Investing Activities | — | — | — | — | — | — | $0 | ($4.8m) | ($8.1m) | $268.4m | $270.9m | |
| Change In Account Payable | — | — | — | — | — | — | $22.0m | $5.1m | $11.5m | ($2.2m) | ($2.2m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $41.5m | ($55.9m) | $24.1m | $35.4m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($3.0m) | ($17.4m) | $2.4m | $15.7m | $15.7m | |
| Change In Payable | — | — | — | — | — | — | $22.0m | $5.1m | $11.5m | ($2.2m) | ($2.2m) | |
| Changes In Cash | — | — | — | — | — | — | $47.2m | ($53.9m) | $22.1m | $35.7m | ($3.0m) | |
| End Cash Position | — | — | — | — | — | — | $97.7m | $41.9m | $66.0m | $101.3m | $75.9m | |
| Financing Cash Flow | — | — | — | — | — | — | ($32.1m) |
($78.3m)
-143.85%
|
($773k)
+99.01%
|
$49.5m
+6508.93%
|
($460.2m)
-1028.95%
|
|
| Free Cash Flow | — | — | — | — | — | — | $90.3m | $47.0m | $87.4m | $189.8m | $196.6m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | ($1.9m) | $0 | $0 | — | — | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($55.9m) | ($52.5m) | ($104.6m) | ($255.8m) | ($57.6m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($10.9m) | ($17.7m) | ($56.4m) | ($472.0m) | ($10.2m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | $1.9m | $0 | $0 | — | — | $0 | |
| Other Non Cash Items | — | — | — | — | — | ($180k) | — | ($6.9m) | $747k | ($182.9m) | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Purchase Of Business | — | — | — | — | — | — | ($10.9m) | ($17.7m) | ($56.4m) | ($472.0m) | ($10.2m) | |
| Sale Of PPE | — | — | — | — | — | $1.9m | $0 | $0 | — | — | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $7.3m | $8.9m | $8.6m | $10.7m | $12.9m |