← REVVITY, 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) Attributable to Parent | $212.4m |
$292.6m
+37.76%
|
$237.9m
-18.69%
|
$227.6m
-4.36%
|
$727.9m
+219.87%
|
$943.2m
+29.57%
|
$943.2m
0.00%
|
$693.1m
-26.51%
|
$270.4m
-60.99%
|
$241.2m
-10.79%
|
— | |
| Depreciation, Depletion and Amortization | $112.0m | $105.0m | $180.6m | $214.0m | $246.5m | $358.0m | $358.0m | $431.8m | $427.8m | $405.3m | $412.2m | |
| Amortization of Debt Issuance Costs and Discounts | — | $2.6m | $3.3m | $3.8m | $3.4m | $5.0m | — | $7.3m | $6.1m | $4.6m | — | |
| Amortization of Intangible Assets | — | $73.7m | $135.9m | $164.3m | $192.6m | $290.2m | — | $365.1m | $359.4m | $335.6m | — | |
| Depreciation | $112.0m | $31.3m | $44.7m | $49.7m | $54.0m | $67.3m | $358.0m | $66.7m | $68.5m | $69.8m | $68.5m | |
| Amortization of deferred debt issuance costs, interest rate hedge and accretion of discounts | $1.5m | $2.1m | $3.3m | $3.8m | — | $3.4m | $5.0m | $7.3m | $6.1m | $4.6m | — | |
| Amortization of acquired inventory revaluation | $7.3m | $396k | $19.3m | $21.6m | — | $2.8m | $35.2m | $45.3m | $0 | — | — | |
| Deferred Income Tax Expense (Benefit) | — | $28.9m | ($51.1m) | ($61.4m) | ($29.1m) | ($49.3m) | — | ($123.7m) | ($102.2m) | ($61.5m) | ($61.6m) | |
| Deferred taxes | ($6.6m) | ($4.5m) | ($51.1m) | ($61.4m) | — | ($29.1m) | ($49.3m) | ($105.9m) | ($102.2m) | ($61.5m) | — | |
| Share-based Payment Arrangement, Noncash Expense | — | $25.4m | $28.8m | $31.5m | $29.1m | $32.8m | — | $41.4m | $37.8m | $22.8m | $24.4m | |
| Share-based Payment Arrangement, Expense | — | $25.4m | $28.8m | $31.5m | $29.1m | $32.8m | — | $41.4m | $37.8m | $22.8m | $24.4m | |
| Stock-based compensation | $17.7m | $17.2m | $28.8m | $31.5m | — | $29.1m | $32.8m | $51.5m | $37.8m | $22.8m | $24.4m | |
| Proceeds, Issuance of Shares, Share-based Payment Arrangement, Including Option Exercised | — | $18.0m | $24.8m | $19.7m | — | $37.7m | $25.1m | $14.1m | $7.7m | $2.9m | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | — | — | — | |
| Asset Impairment Charges | — | — | $0 | $0 | — | $7.9m | $3.9m | $0 | $22.8m | $4.8m | $4.8m | |
| Nonoperating Income (Expense) | — | ($8.1m) | ($66.2m) | ($124.8m) | ($72.2m) | ($52.5m) | — | ($117.6m) | ($30.6m) | ($88.4m) | — | |
| Other Nonoperating Income (Expense) | — | $33.6m | ($13.2m) | ($27.7m) | ($23.5m) | ($3.4m) | — | ($38.0m) | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | — | $36.6m | $94.5m | $100.6m | $373.9m | $155.4m | — | ($9.0m) | $16.0m | $101.0m | ($35.2m) | |
| Accounts receivable, net | $6.8m | ($19.0m) | ($94.5m) | ($100.6m) | — | ($373.9m) | $155.4m | $66.1m | ($16.0m) | ($101.0m) | ($35.2m) | |
| Purchases of investments and notes receivables | — | — | — | — | — | — | — | ($6.3m) | ($6.6m) | ($385k) | — | |
| Proceeds from investments and notes receivables | — | — | — | — | — | — | — | $0 | $2.5m | — | $0 | |
| Increase (Decrease) in Inventories | — | $17.9m | $30.2m | $9.6m | $122.5m | $2.4m | — | ($14.1m) | ($45.1m) | ($14.8m) | $4.4m | |
| Inventories, net | ($28.7m) | $6.8m | ($30.2m) | ($9.6m) | — | ($122.5m) | $2.4m | ($48.6m) | $45.1m | $14.8m | — | |
| Increase (Decrease) in Accounts Payable | — | $34.3m | $8.9m | $7.4m | $62.8m | $823k | — | ($76.4m) | ($26.0m) | $7.3m | ($14.0m) | |
| Accounts payable | ($16.1m) | $30.7m | $8.9m | $7.4m | — | $62.8m | $823k | ($43.8m) | ($26.0m) | $7.3m | ($14.0m) | |
| Accrued expenses and other | ($34.2m) | ($53.5m) | ($14.9m) | ($61.8m) | — | $314.5m | ($54.2m) | ($236.6m) | ($21.4m) | ($17.9m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $287.1m |
$288.5m
+0.47%
|
$311.0m
+7.83%
|
$363.5m
+16.86%
|
$892.2m
+145.46%
|
$1.4b
+58.12%
|
$1.4b
0.00%
|
$91.3m
-93.53%
|
$628.3m
+588.38%
|
$582.9m
-7.22%
|
$638.4m
+9.51%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | ($29.6m) | $39.1m | $93.3m | $76.3m | $77.5m | $99.9m | ($99.9m) | $81.4m | $86.6m | $73.5m | ($69.5m) | |
| Payments to Acquire Investments | — | $10.8m | $7.0m | $6.4m | $20.1m | $23.1m | — | $6.3m | — | — | ($3.9m) | |
| Change in fair value of investments | — | — | — | — | — | — | — | $33.9m | ($8.0m) | $11.5m | — | |
| Payments to Acquire Marketable Securities | — | — | — | — | — | — | — | ($1.2b) | $0 | $0 | — | |
| Proceeds from Sale and Maturity of Marketable Securities | — | — | — | — | — | — | — | $550.0m | $710.0m | $0 | $0 | |
| Proceeds from Divestiture of Businesses | $0 | $21.0m | $38.0m | $550k | — | $4.3m | $1.5m | $14.5m | $0 | $304k | $229k | |
| Cash paid for acquisitions, net of cash acquired | — | — | — | — | — | ($411.5m) | ($4.0b) | ($7.5m) | $0 | $0 | — | |
| Net cash (used in) provided by investing activities of continuing operations | ($100.9m) | ($99.5m) | ($159.9m) | ($487.6m) | — | ($504.5m) | ($4.1b) | ($116.9m) | $619.3m | ($73.6m) | — | |
| Net cash provided by investing activities of discontinued operations | $0 | ($1.3m) | $0 | $0 | — | $0 | ($23.0m) | ($15.9m) | $156.9m | $56.2m | ($120.8m) | |
| Net cash (used in) provided by investing activities | ($100.9m) | ($100.8m) | ($159.9m) | ($487.6m) | — | ($504.5m) | ($4.1b) | ($132.9m) | $776.2m | ($17.4m) | — | |
| Net Cash Provided by (Used in) Investing Activities | — | ($1.2b) | ($159.9m) | ($487.6m) | ($504.5m) | ($4.1b) | — | $1.3b | $776.2m | ($17.4m) | ($120.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | $0 | $0 | $32.5m | $0 | $0 | $0 | ($2.9m) | $0 | $0 | — | |
| Payments of Senior Debt | — | $0 | $0 | ($530.3m) | — | $0 | ($339.6m) | ($57.9m) | ($711.5m) | $0 | — | |
| Payments of debt financing and equity issuance costs | $0 | ($7.9m) | ($2.6m) | ($9.9m) | — | $0 | ($31.0m) | $0 | $0 | ($2.5m) | — | |
| Proceeds from (Repayments of) Other Debt | — | — | ($28.4m) | ($15.0m) | — | ($4.5m) | ($13.7m) | ($1.3m) | ($11.6m) | ($521k) | — | |
| Payments for Repurchase of Common Stock | — | $3.8m | $57.4m | $6.3m | $6.9m | $73.1m | — | $388.9m | $369.6m | $820.8m | — | |
| Payments of Ordinary Dividends, Common Stock | — | $31 | $31 | $31 | $31 | $32 | — | $35 | $34 | $33 | ($31.7m) | |
| Purchases of common stock | ($76.4m) | ($151.8m) | ($57.4m) | ($6.3m) | — | ($6.9m) | ($73.1m) | ($80.6m) | ($369.6m) | ($820.8m) | — | |
| Dividends Payable | — | $8 | $8 | $8 | $8 | $9 | — | $9 | — | — | — | |
| Dividends paid | ($32) | ($31) | ($31) | ($31) | — | ($31) | ($32) | ($35) | ($34) | ($33) | ($31.7m) | |
| Net cash used in financing activities of discontinued operations | — | ($533k) |
$0
+100.00%
|
$0 | — | $0 | — | — | — | — | ($503.4m) | |
| Net cash (used in) provided by financing activities | ($107.1m) |
($115.0m)
-7.35%
|
($179.2m)
-55.84%
|
$150.1m
+183.76%
|
— | ($202.9m) |
($2.9b)
-1350.01%
|
($661.8m)
+77.50%
|
($1.1b)
-70.48%
|
($857.5m)
+23.99%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | — | $782.2m |
($179.2m)
-122.91%
|
$150.1m
+183.76%
|
($202.9m)
-235.13%
|
($2.9b)
-1350.01%
|
— | ($947.1m) |
($1.1b)
-19.12%
|
($857.5m)
+23.99%
|
($503.4m)
+41.29%
|
|
| Net (decrease) increase in cash, cash equivalents and restricted cash | — | ($174.2m) | ($36.1m) | $25.6m | — | $210.7m | $216.7m | ($148.6m) | $250.1m | ($243.4m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($36.1m) | $25.6m | $210.7m | $216.7m | — | $443.6m | $250.1m | ($243.4m) | $1.0b | |
| Cash and cash equivalents at beginning of year | $237.9m | $359.3m | $163.1m | $191.9m | — | $402.0m | $618.3m | $454.4m | $1.2b | $919.9m | $993.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $202.4m | $166.3m | $191.9m | $402.6m | $619.3m | $619.3m | $914.4m | $1.2b | $921.0m | $1.0b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $21.7m | ($8.0m) | ($447k) | $25.9m | ($22.9m) | ($22.9m) | ($14.0m) | ($26.1m) | $48.5m | ($9.7m) | |
| Restricted Cash, Current | — | — | — | — | — | $578k | $1.0m | $1.0m | $1.1m | $6k | — | |
| Restricted Cash, Noncurrent | — | — | — | — | — | $0 | $0 | $349k | $0 | $1.2m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $35.8m | $56.5m | $82.7m | $42.1m | $54.1m | $54.1m | $94.0m | $91.1m | $86.2m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $131.3m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | — | $29.2m | $9.4m | ($6.5m) | $2.7m | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | — | — | — | — | — | — | — | — | $1.1m | ($273k) | — | |
| Goodwill | — | $3.0b | $3.0b | $3.1b | $3.4b | $7.4b | — | $6.5b | $6.5b | $6.6b | $4.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $156.9m | $237.5m | $227.8m | $728.1m | $943.3m | — | $179.5m | $283.1m | $239.9m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | ($513.6m) | ($12.7m) | $1.3m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | $135.7m | $452k | ($195k) | ($211k) | ($126k) | — | $513.6m | — | — | — | |
| Income Tax Expense (Benefit) | — | $139.8m | $20.2m | $9.4m | $178.3m | $336.6m | — | $3.5m | $33.1m | $28.4m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $96.3m | $92.2m | — | |
| Investment Income, Interest | — | $2.6m | $1.1m | $1.5m | $1.0m | $2.2m | — | $72.1m | $73.2m | $31.1m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | — | — | — | — | — | — | — | — | — | — | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | — | $55.9m | — | |
| Income from continuing operations | $212.7m | $215.7m | $237.5m | $227.8m | — | $728.1m | $943.3m | $512.7m | $283.1m | $239.9m | — | |
| Restructuring Charges and Changes in Estimates | — | — | — | — | — | — | — | $26.6m | $17.5m | $55.9m | — | |
| Pension and other post-retirement expense | $9.4m | $14.5m | $11.9m | $26.1m | — | $18.0m | ($30.9m) | ($23.1m) | $9.4m | $3.6m | — | |
| Business Combination, Contingent Consideration, Change in Contingent Consideration, Liability, Increase (Decrease) | $0 | $16.2m | $14.6m | $3.9m | — | ($8.8m) | $3.1m | ($1.4m) | ($1.9m) | ($1.4m) | — | |
| Contingencies and Non-Cash Tax Matters | — | $182k | ($671k) | ($424k) | — | $4.5m | $1.9m | ($1.5m) | ($8.1m) | ($86k) | — | |
| Gain on disposition of businesses and assets, net | — | — | — | — | — | — | ($2.0m) | $0 | $0 | — | — | |
| Unrealized Gain (Loss), Foreign Currency Transaction, before Tax | — | — | — | — | — | — | — | $24.1m | ($1.1m) | $273k | — | |
| Payments on revolving credit facility | ($485.0m) | ($902.5m) | ($1.3b) | ($1.7b) | — | ($897.7m) | ($1.6b) | ($240.0m) | $0 | — | — | |
| Proceeds from Long-term Lines of Credit | — | — | $857.0m | $1.6b | — | $714.7m | $1.4b | $240.0m | $0 | — | — | |
| Settlement of cash flow hedges | $18.7m | ($1.9m) | ($34.1m) | ($1.3m) | — | ($4.6m) | ($4.5m) | ($762k) | $0 | — | — | |
| Payments for acquisition-related contingent consideration | ($103k) | ($155k) | ($12.8m) | ($29.9m) | — | ($10.4m) | ($2.2m) | ($5k) | ($8.8m) | ($3.8m) | — | |
| Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents | — | — | — | — | — | $15.0m | $15.0m | $15.0m | $0 | — | — | |
| Income taxes | $49.3m | $43.5m | $59.8m | $77.1m | — | $162.5m | $364.6m | $323.1m | $154.9m | — | — | |
| Consideration receivable from sale of Business | — | — | — | — | — | — | $0 | $241.4m | $0 | $0 | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.