SP - SP Plus Corporation
NASDAQ
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Industrials
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Specialty Business Services
Chicago,
United States
Type: Equity
SP price evolution
SP
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $17.8 | $19.1 | $38.5 | $24.6 |
| Short term investments | ||||
| Net receivables | $179.6 | $180.5 | $184.4 | $179 |
| Inventory | ||||
| Total current assets | $210.4 | $212.2 | $236 | $216.8 |
| Long term investments | ||||
| Property, plant & equipment | $245 | $247.7 | $239.7 | $235.9 |
| Goodwill & intangible assets | $601.1 | $604.3 | $606.5 | $607.1 |
| Total noncurrent assets | $932 | $939.7 | $932.3 | $929.5 |
| Total investments | ||||
| Total assets | $1142.4 | $1151.9 | $1168.3 | $1146.3 |
| Current liabilities | ||||
| Accounts payable | $145.2 | $136.6 | $142.7 | $136.6 |
| Deferred revenue | ||||
| Short long term debt | $72.8 | $72.7 | $71.1 | $70.8 |
| Total current liabilities | $325.9 | $337.4 | $342.7 | $325.1 |
| Long term debt | $482.2 | $493.6 | $500 | $508.5 |
| Total noncurrent liabilities | $555.9 | $563.8 | $573.5 | $579.8 |
| Total debt | $555 | $566.3 | $571.1 | $579.3 |
| Total liabilities | $881.8 | $901.2 | $916.2 | $904.9 |
| Shareholders' equity | ||||
| Retained earnings | $112.3 | $104.7 | $103.5 | $94.3 |
| Other shareholder equity | -$1.5 | -$1.3 | -$2 | -$1.1 |
| Total shareholder equity | $260.5 | $250.8 | $252.1 | $241.2 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $19.1 | $12.4 | $15.7 | $13.9 |
| Short term investments | ||||
| Net receivables | $180.5 | $167.7 | $139.6 | $111.2 |
| Inventory | ||||
| Total current assets | $212.2 | $196.8 | $187.5 | $151.9 |
| Long term investments | $10.1 | |||
| Property, plant & equipment | $247.7 | $227.1 | $250.1 | $288.4 |
| Goodwill & intangible assets | $604.3 | $612.1 | $581 | $589.7 |
| Total noncurrent assets | $939.7 | $924.6 | $928.7 | $985.8 |
| Total investments | $10.1 | |||
| Total assets | $1151.9 | $1121.4 | $1116.2 | $1137.7 |
| Current liabilities | ||||
| Accounts payable | $136.6 | $133.4 | $118.5 | $97.8 |
| Deferred revenue | ||||
| Short long term debt | $72.7 | $72.6 | $25.6 | $25 |
| Total current liabilities | $337.4 | $343.6 | $332.8 | $317.6 |
| Long term debt | $493.6 | $331.8 | $498.7 | $580.5 |
| Total noncurrent liabilities | $563.8 | $552.1 | $561.3 | $638.7 |
| Total debt | $566.3 | $562.9 | $524.3 | $605.5 |
| Total liabilities | $901.2 | $895.4 | $894.1 | $956.3 |
| Shareholders' equity | ||||
| Retained earnings | $104.7 | $73.6 | $28.4 | -$3.3 |
| Other shareholder equity | -$1.3 | -$1.82 | -$2.8 | -$4.4 |
| Total shareholder equity | $250.8 | $226 | $222.5 | $183.1 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $451.9 | $454.1 | $460.7 | $442.2 |
| Cost of revenue | $389.2 | $391.9 | $393.1 | $376.3 |
| Gross Profit | $62.7 | $62.2 | $67.6 | $65.9 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $34.8 | $40.4 | $37.6 | $31.8 |
| Total operating expenses | $43.8 | $50.3 | $46.6 | $40.6 |
| Operating income | $18.9 | $11.9 | $21 | $25.3 |
| Income from continuing operations | ||||
| EBIT | $18.1 | $11.2 | $20.1 | $24.4 |
| Income tax expense | $3.1 | $2.4 | $3.5 | $4.8 |
| Interest expense | $7.4 | $7.6 | $7.4 | $7.3 |
| Net income | ||||
| Net income | $7.6 | $1.2 | $9.2 | $12.3 |
| Income (for common shares) | $7.6 | $1.2 | $9.2 | $12.3 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1782.3 | $1553.5 | $1177.2 | $1086.9 |
| Cost of revenue | $1528.3 | $1331.8 | $997.4 | $1056.5 |
| Gross Profit | $254 | $221.7 | $179.8 | $30.4 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $140.4 | $109.1 | $88.2 | $85.4 |
| Total operating expenses | $176.5 | $138.8 | $113.3 | $250.1 |
| Operating income | $77.5 | $82.9 | $66.5 | -$219.7 |
| Income from continuing operations | ||||
| EBIT | $74.2 | $80.4 | $63.4 | -$218.8 |
| Income tax expense | $14 | $17.5 | $10.5 | -$67.5 |
| Interest expense | $29.1 | $17.7 | $21.2 | $21.5 |
| Net income | ||||
| Net income | $31.1 | $45.2 | $31.7 | -$172.8 |
| Income (for common shares) | $31.1 | $45.2 | $31.7 | -$172.8 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Net income | $7.6 | $1.2 | $9.2 | $12.3 |
| Operating activities | ||||
| Depreciation | $9 | $9.9 | $9 | $8.8 |
| Business acquisitions & disposals | -$0.1 | -$0.1 | -$3.2 | -$0.1 |
| Stock-based compensation | $2.3 | $2.3 | $2.7 | $3.2 |
| Total cash flows from operations | $14.6 | $2.3 | $32.5 | $13.3 |
| Investing activities | ||||
| Capital expenditures | -$5.5 | -$4.1 | -$5.7 | -$4.6 |
| Investments | ||||
| Total cash flows from investing | -$5.6 | -$4.2 | -$8.9 | -$4.7 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | -$6.7 | -$11.5 | -$8.1 | -$13.1 |
| Total cash flows from financing | -$10.2 | -$17.8 | -$9.2 | -$14 |
| Effect of exchange rate | -$0.1 | $0.3 | -$0.5 | $0.2 |
| Change in cash and equivalents | -$1.3 | -$19.4 | $13.9 | -$5.2 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $31.1 | $45.2 | $31.7 | -$172.8 |
| Operating activities | ||||
| Depreciation | $36.1 | $29.7 | $25.1 | $29.3 |
| Business acquisitions & disposals | -$5.5 | -$30.5 | -$1.7 | |
| Stock-based compensation | $10.4 | $9 | $6.1 | $0.5 |
| Total cash flows from operations | $55.8 | $93.3 | $53.4 | $40.2 |
| Investing activities | ||||
| Capital expenditures | -$21.1 | -$23.5 | -$9.1 | -$7.2 |
| Investments | -$2.6 | |||
| Total cash flows from investing | -$26.6 | -$54 | -$9.1 | -$11.5 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$11.1 | -$48.7 | -$15.3 | |
| Net borrowings | -$2 | $9.1 | -$40.1 | -$22.3 |
| Total cash flows from financing | -$22.3 | -$42.4 | -$42.4 | -$39 |
| Effect of exchange rate | -$0.2 | -$0.2 | -$0.1 | $0.1 |
| Change in cash and equivalents | $6.7 | -$3.3 | $1.8 | -$10.2 |
News
Fundamentals
| Market cap | $1.07B |
|---|---|
| Enterprise value | $1.61B |
| Shares outstanding | 19.80M |
| Revenue | $1.81B |
|---|---|
| EBITDA | $110.50M |
| EBIT | $73.80M |
| Net Income | $30.30M |
| Revenue Q/Q | N/A |
| Revenue Y/Y | N/A |
| P/E ratio | 35.28 |
|---|---|
| EV/Sales | 0.89 |
| EV/EBITDA | 14.54 |
| EV/EBIT | 21.76 |
| P/S ratio | 0.59 |
| P/B ratio | 4.08 |
| Book/Share | 13.23 |
| Cash/Share | 0.90 |
| EPS | $1.53 |
|---|---|
| ROA | 2.63% |
| ROE | 12.06% |
| Debt/Equity | 3.59 |
|---|---|
| Net debt/EBITDA | 7.82 |
| Current ratio | 0.65 |
| Quick ratio | 0.65 |