Rocket


Overview
Financials
News + Filings
Key Docs
Charts
Ownership
Insiders





Income Statement
Balance Sheet
Cash Flow Statement
Segments

Common Size IS
Op Efficiency
Credit Analysis

Switch, Inc. (SWCH)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Colocation  476.2413.8370.7324.2304.7259.0218.5
    Connectivity  105.891.985.074.067.753.743.1
    Other  10.05.96.67.65.95.64.2
Total revenues  592.0511.5462.3405.9378.3318.4265.9
            Revenue growth   [+]15.7%10.7%13.9%7.3%18.8%19.7% 
Cost of goods sold  339.6279.5242.7224.4198.2168.8141.1
Gross profit  252.4232.1219.6181.4180.0149.5124.8
            Gross margin  42.6%45.4%47.5%44.7%47.6%47.0%46.9%
Selling, general and administrative  161.4136.7142.7126.8160.671.445.3
Equity in earnings  -1.2  -0.3-1.1-10.10.8
Other operating expenses      0.627.0 
EBITDA   [+]262.4238.2196.9161.0106.9107.5135.7
            EBITDA margin  44.3%46.6%42.6%39.7%28.3%33.8%51.1%
Depreciation and amortization  172.6142.7119.9106.789.166.655.4
EBIT   [+]89.895.476.954.317.840.980.4
            EBIT margin  15.2%18.7%16.6%13.4%4.7%12.9%30.2%
Non-recurring items   [+]35.0      
Interest expense  47.629.829.226.425.110.87.7
Other income (expense), net   [+]10.2-22.7-13.43.3-2.21.30.8
Pre-tax income  17.442.934.331.3-9.631.473.5
Income taxes  2.74.52.71.9-1.00.00.0
            Tax rate  15.3%10.6%7.9%6.2%10.3%0.0%0.0%
Minority interest  9.322.822.625.36.6  
Net income  5.415.58.94.1-15.231.473.5
            Net margin  0.9%3.0%1.9%1.0%-4.0%9.9%27.6%
   
Basic EPS   [+]$0.04$0.15$0.12$0.09($1.88)$0.16$0.37
Diluted EPS   [+]$0.04$0.06$0.04$0.09($1.88)$0.15$0.37
   
Dividends per share   [+]$0.21$0.16$0.12$0.06$0.01$0.14$0.10
   
Shares outstanding (basic)   [+]134.1105.876.545.78.1199.0196.8
Shares outstanding (diluted)   [+]138.7243.5246.345.88.1203.5199.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

Rocket Data Systems, Inc. © 2019 | Contact Us | Data Disclaimer | Terms of Use | Privacy