← PERRIGO Co plc
| 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) Attributable to Parent | ($4.0b) |
$119.6m
+102.98%
|
$131.0m
+9.53%
|
$146.1m
+11.53%
|
($162.6m)
-211.29%
|
($68.9m)
+57.63%
|
($140.6m)
-104.06%
|
($12.7m)
+90.97%
|
($171.8m)
-1252.76%
|
($1.4b)
-729.69%
|
— | |
| Depreciation, Depletion and Amortization | $457.0m | $444.8m | $423.6m | $396.5m | $384.8m | $312.2m | $338.6m | $359.5m | $325.9m | $337.5m | $350.4m | |
| Depreciation | $100.2m | $95.2m | $90.0m | $91.0m | $90.1m | $86.8m | $86.2m | $93.7m | $97.4m | $114.8m | $350.4m | |
| Amortization of Intangible Assets | $356.8m | $349.6m | $333.6m | $305.5m | $294.7m | $210.0m | $252.4m | $265.8m | $228.5m | $222.7m | — | |
| Deferred Income Tax Expense (Benefit) | ($990.9m) | ($48.9m) | ($17.9m) | ($43.9m) | ($54.5m) | $9.4m | ($50.5m) | ($106.6m) | $9.8m | ($50.8m) | ($79.7m) | |
| Share-based Payment Arrangement, Noncash Expense | $23.0m | $43.8m | $37.7m | $52.2m | $58.5m | $60.1m | $54.9m | $68.8m | $64.4m | $54.6m | $47.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | — | — | $19.1m | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | — | — | — | $57.0m | $54.9m | $68.8m | $64.4m | $54.6m | $47.4m | |
| Equity Method Investment, Other than Temporary Impairment | $22.3m | — | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $1.1b | — | $136.7m | $109.2m | $346.8m | $16.1m | — | $90.0m | $27.5m | $1.3b | $1.7b | |
| Impairment of Intangible Assets, Finite-lived | $665.6m | — | — | — | — | — | — | — | — | $1.5m | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $849.5m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | ($4.1m) | — | — | — | — | — | — | ($1.9m) | ($1.5m) | — | — | |
| Other Nonoperating Income (Expense) | ($22.7m) | $10.1m | ($6.1m) | $66.0m | ($17.2m) | ($26.7m) | ($53.1m) | $10.4m | $900k | ($13.2m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $600k | ($3.2m) | ($21.0m) | $140.7m | ($168.9m) | $159.7m | ($100k) | $57.1m | $11.1m | ($30.7m) | ($65.7m) | |
| Increase (Decrease) in Inventories | ($100.7m) | $16.0m | $98.6m | $67.0m | $170.6m | $2.4m | $76.7m | ($19.4m) | ($13.7m) | $61.1m | $110.5m | |
| Increase (Decrease) in Accounts Payable | ($75.7m) | ($39.6m) | $28.8m | $17.0m | ($2.7m) | ($7.9m) | $100.3m | ($65.9m) | $54.2m | ($28.7m) | ($75.6m) | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | — | — | — | $28.1m | $0 | — | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | ($6.0m) | ($30.5m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $654.9m |
$698.9m
+6.72%
|
$593.0m
-15.15%
|
$387.8m
-34.60%
|
$636.2m
+64.05%
|
$156.3m
-75.43%
|
$307.3m
+96.61%
|
$405.5m
+31.96%
|
$362.9m
-10.51%
|
$238.5m
-34.28%
|
$195.9m
-17.86%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $106.2m | $88.6m | $102.6m | $137.7m | $170.4m | $152.1m | $96.4m | $101.7m | $118.3m | $93.4m | ($76.8m) | |
| Payments to Acquire Investments | — | — | — | — | $0 | — | — | — | — | — | ($2.4m) | |
| Unrealized Gain (Loss) on Investments | $8.7m | — | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $427.4m | $400k | $0 | $747.7m | $168.5m | $0 | $2.0b | $0 | $0 | — | $0 | |
| Payments for (Proceeds from) Other Investing Activities | $3.6m | $14.8m | $0 | ($3.0m) | ($9.4m) | ($2.8m) | $0 | $0 | — | $500k | — | |
| Net Cash Provided by (Used in) Investing Activities | ($175.0m) | $2.3b | ($126.8m) | ($596.1m) | ($187.8m) | $1.3b | ($2.0b) | ($77.5m) | $78.8m | ($75.4m) | $291.1m | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $559.2m | $2.6b | $482.5m | $476.0m | $590.0m | $0 | $958.9m | $325.3m | $1.5b | $34.8m | ($776.5m) | |
| Gain (Loss) on Extinguishment of Debt | ($1.1m) | ($135.2m) | ($500k) | ($200k) | ($20.0m) | $0 | ($8.9m) | $3.2m | ($6.7m) | $0 | — | |
| Proceeds from Issuance of Long-term Debt | $1.2b | $0 | $431.0m | $600.0m | $743.8m | $0 | $1.6b | $295.1m | $1.1b | $0 | $0 | |
| Payments for Repurchase of Common Stock | $0 | $191.5m | $400.0m | $0 | $164.2m | $0 | $0 | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $8.3m | $700k | $1.3m | $900k | $0 | $0 | — | — | — | — | $600k | |
| Dividends paid | $83.2m | $91.1m | $104.9m | $112.4m | $123.9m | $129.6m | $142.4m | $149.7m | $152.5m | $159.3m | ($159.9m) | |
| Proceeds from (Payments for) Other Financing Activities | ($8.7m) | $2.3m | ($10.0m) | ($10.2m) | ($17.2m) | ($18.5m) | ($19.6m) | ($7.3m) | ($16.0m) | ($7.3m) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($268.7m) |
($3.0b)
-1018.24%
|
($571.9m)
+80.97%
|
$1.8m
+100.31%
|
($181.1m)
-10161.11%
|
($178.7m)
+1.33%
|
$421.6m
+335.93%
|
($187.2m)
-144.40%
|
($611.0m)
-226.39%
|
($220.5m)
+63.91%
|
($538.9m)
-144.40%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($6.7m) | $24.1m | ($21.9m) | ($196.8m) | $287.2m | $1.2b | ($1.3b) | $150.6m | ($192.5m) | ($24.9m) | $402.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $354.3m | $641.5m | $1.9b | $600.7m | $751.3m | $558.8m | $531.6m | $402.6m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($6.7m) | $24.1m | ($21.9m) | $9.7m | $19.9m | ($15.6m) | ($48.9m) | $9.8m | ($23.2m) | $32.5m | ($2.9m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $205.1m | $187.6m | $133.8m | $136.8m | $145.8m | $133.0m | $217.0m | $276.9m | $251.4m | $202.0m | — | |
| Income Taxes Paid, Net | $139.5m | $186.9m | $144.2m | $136.2m | $81.2m | $448.0m | $100.2m | $107.5m | $155.7m | $78.7m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | $7.0m | ($5.9m) | — | — | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | — | — | ($400k) | ($200k) | $100k | — | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | ($2.6b) | ($24.9m) | $188.7m | $22.1m | ($96.4m) | $0 | $0 | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | ($39.4m) | $0 | $0 | — | — | |
| Gain (Loss) on Disposition of Business | — | $0 | $0 | $71.7m | ($20.9m) | $47.5m | $0 | $0 | $6.4m | ($1.6m) | — | |
| General and Administrative Expense | $452.2m | $461.1m | $435.9m | $503.0m | $496.0m | $482.0m | $512.3m | $522.3m | $468.0m | $435.9m | — | |
| Goodwill | $4.0b | $4.2b | $4.0b | $4.1b | $3.8b | $3.0b | $3.5b | $3.5b | $3.3b | $2.1b | $1.7b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | ($130.9m) | ($130.9m) | ($4.4m) | ($160.7m) | ($1.4b) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $62.0m | ($9.7m) | ($8.3m) | ($11.1m) | ($23.1m) | — | |
| Income Tax Expense (Benefit) | ($835.5m) | $160.5m | $159.6m | $24.9m | $13.2m | $389.6m | ($8.2m) | ($3.9m) | $80.0m | $104.4m | — | |
| Operating Expenses | $4.1b | $1.4b | $1.6b | $1.6b | $1.7b | $1.0b | $1.4b | $1.5b | $1.4b | $2.6b | — | |
| Payments of Financing Costs | $2.8m | $4.8m | $2.4m | $1.0m | $6.7m | $0 | $20.9m | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.