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Evoqua Water Technologies Corp. (AQUA)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Revenues:  
    Integrated Solutions and Services  1,278.91,244.91,184.51,118.61,060.9990.2959.9919.8
    Applied Product Technologies  679.5662.4653.2539.7527.7518.3520.6457.0
    Intersegment Eliminations  133.5134.3138.3133.8121.1116.2104.594.1
Total revenues  1,857.71,806.71,737.11,658.31,588.71,508.51,464.41,422.3
            Revenue growth   [+]16.9%19.8%18.6%16.6%13.4%7.3%2.4%-2.5%
Cost of goods sold  1,278.91,250.91,201.11,143.71,093.21,036.01,007.1981.4
Gross profit  578.8555.8536.0514.6495.5472.5457.4440.9
            Gross margin  31.2%30.8%30.9%31.0%31.2%31.3%31.2%31.0%
Selling, general and administrative   [+]446.2432.0421.9403.1387.7367.6349.6323.8
Research and development  16.715.815.414.614.113.813.413.5
Other operating expenses  -0.9-5.0-5.3-6.5-7.1-6.3-5.0-1.6
EBITDA   [+]249.9245.1231.6227.3221.0212.3213.0216.2
            EBITDA margin  13.5%13.6%13.3%13.7%13.9%14.1%14.5%15.2%
Depreciation and amortization  133.1132.2127.6123.8120.2114.9113.7110.9
EBIT   [+]116.8112.9104.0103.5100.897.499.3105.3
            EBIT margin  6.3%6.3%6.0%6.2%6.3%6.5%6.8%7.4%
Interest expense  38.538.234.734.337.035.537.637.7
Pre-tax income  78.374.869.369.263.761.961.767.6
Income taxes  -0.5-0.8-3.011.310.210.610.111.7
            Tax rate  -0.6%-1.0% 16.3%15.9%17.2%16.3%17.3%
Minority interest    0.2 0.3 0.3-0.1
Net income  78.675.372.257.753.351.051.456.0
            Net margin  4.2%4.2%4.2%3.5%3.4%3.4%3.5%3.9%
   
Basic EPS   [+]$0.65$0.62$0.60$0.48$0.44$0.43$0.43$0.47
Diluted EPS   [+]$0.63$0.60$0.58$0.46$0.43$0.41$0.42$0.46
   
Shares outstanding (basic)   [+]121.6121.3121.0120.6120.0119.5118.8118.1
Shares outstanding (diluted)   [+]125.2125.0124.9124.4123.8123.0122.2121.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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