Acquired by JT Group in Nov 2024
VGR - Vector Group Ltd.
NYSE
->
Consumer Defensive
->
Tobacco
Miami,
United States
Type: Equity
VGR price evolution
VGR
| (in millions $) | 30 Jun 2024 | 1 May 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $390.76 | $332.59 | $268.6 | $436.52 |
| Short term investments | $140.98 | $129.02 | $110.94 | $128.7 |
| Net receivables | $29.64 | $24.1 | $26.44 | $25.03 |
| Inventory | $105.13 | $106.57 | $91.96 | $89.26 |
| Total current assets | $681.19 | $605.78 | $509.6 | $694.72 |
| Long term investments | $163.64 | $163.52 | $178.26 | $167.91 |
| Property, plant & equipment | $54.99 | $55.09 | $54.4 | $51.62 |
| Goodwill & intangible assets | $107.51 | $107.51 | $107.51 | $107.51 |
| Total noncurrent assets | $412.83 | $411.5 | $424.49 | $406.31 |
| Total investments | $304.62 | $292.54 | $289.19 | $296.62 |
| Total assets | $1094.02 | $1017.28 | $934.1 | $1101.02 |
| Current liabilities | ||||
| Accounts payable | $6.15 | $12.29 | $6.75 | $6.36 |
| Deferred revenue | ||||
| Short long term debt | $4.19 | $4.1 | $3.71 | $3.87 |
| Total current liabilities | $279.8 | $229 | $144.92 | $338.32 |
| Long term debt | $1382.03 | $1381.38 | $1379.99 | $1390.65 |
| Total noncurrent liabilities | $1527.57 | $1527.34 | $1530.99 | $1536.06 |
| Total debt | $1386.21 | $1385.48 | $1383.7 | $1394.52 |
| Total liabilities | $1807.37 | $1756.34 | $1675.91 | $1874.38 |
| Shareholders' equity | ||||
| Retained earnings | -$730.79 | -$753.03 | -$755.88 | -$782.13 |
| Other shareholder equity | -$12.8 | -$12.92 | -$12.91 | -$15.53 |
| Total shareholder equity | -$713.35 | -$739.06 | -$741.81 | -$773.36 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $268.6 | $224.58 | $193.41 | $352.84 |
| Short term investments | $110.94 | $116.44 | $146.69 | $135.59 |
| Net receivables | $26.44 | $49.13 | $16.07 | $40.71 |
| Inventory | $91.96 | $92.45 | $94.61 | $97.55 |
| Total current assets | $509.6 | $492.37 | $471.8 | $663.9 |
| Long term investments | $178.26 | $166.08 | $158.13 | $137.93 |
| Property, plant & equipment | $54.4 | $47.32 | $56.95 | $238.97 |
| Goodwill & intangible assets | $107.51 | $107.51 | $107.51 | $207.58 |
| Total noncurrent assets | $424.49 | $416.23 | $399.28 | $679.51 |
| Total investments | $289.19 | $282.51 | $304.82 | $273.51 |
| Total assets | $934.1 | $908.59 | $871.09 | $1343.41 |
| Current liabilities | ||||
| Accounts payable | $6.75 | $6.35 | $9.44 | $12.85 |
| Deferred revenue | ||||
| Short long term debt | $3.71 | $25.62 | $3.92 | $39.76 |
| Total current liabilities | $144.92 | $175.62 | $165.29 | $283.31 |
| Long term debt | $1379.99 | $1390.26 | $1407.44 | $1547.93 |
| Total noncurrent liabilities | $1530.99 | $1540.84 | $1547.35 | $1719.78 |
| Total debt | $1383.7 | $1421.35 | $1411.36 | $1587.69 |
| Total liabilities | $1675.91 | $1716.47 | $1712.64 | $2003.1 |
| Shareholders' equity | ||||
| Retained earnings | -$755.88 | -$812.38 | -$852.4 | -$653.95 |
| Other shareholder equity | -$12.91 | -$16.08 | -$15.72 | -$21.07 |
| Total shareholder equity | -$741.81 | -$807.88 | -$841.55 | -$659.69 |
| (in millions $) | 30 Jun 2024 | 1 May 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $371.91 | $360.35 | $364.11 | |
| Cost of revenue | $244.59 | $238.4 | $245.68 | |
| Gross Profit | $127.32 | $121.95 | $118.43 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $29.46 | $30.35 | $27.51 | |
| Total operating expenses | $29.53 | $30.36 | $27.93 | |
| Operating income | $97.79 | $91.59 | $90.5 | |
| Income from continuing operations | ||||
| EBIT | $101.52 | $100.63 | $100.41 | |
| Income tax expense | $20.76 | $15.87 | $20.45 | |
| Interest expense | $26.58 | $26.76 | $27.26 | |
| Net income | ||||
| Net income | $54.18 | $58 | $52.7 | |
| Income (for common shares) | $54.18 | $58 | $52.7 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1424.27 | $1441.01 | $1220.7 | $2002.67 |
| Cost of revenue | $965.35 | $998.66 | $769.54 | $1367.14 |
| Gross Profit | $458.92 | $442.35 | $451.16 | $635.52 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $112.09 | $103.1 | $131.42 | $329.52 |
| Total operating expenses | $130.88 | $103.34 | $130.72 | $390.38 |
| Operating income | $328.04 | $339.01 | $320.44 | $245.14 |
| Income from continuing operations | ||||
| EBIT | $357.07 | $331.23 | $395 | $256.26 |
| Income tax expense | $64.93 | $61.86 | $62.81 | $41.78 |
| Interest expense | $108.62 | $110.67 | $112.73 | $121.54 |
| Net income | ||||
| Net income | $183.53 | $158.7 | $219.46 | $92.94 |
| Income (for common shares) | $183.53 | $158.7 | $219.46 | $92.94 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Net income | $54.18 | $34.8 | $58 | $52.7 |
| Operating activities | ||||
| Depreciation | $2.48 | $2.41 | $2.57 | $2.65 |
| Business acquisitions & disposals | -$3.34 | $8.15 | -$10.89 | $3.81 |
| Stock-based compensation | $3.81 | $3.31 | $2.69 | $2.67 |
| Total cash flows from operations | $104.99 | $110.33 | -$130.99 | $122.75 |
| Investing activities | ||||
| Capital expenditures | -$1.82 | -$1.56 | -$1.49 | -$1.27 |
| Investments | -$9.03 | -$17.52 | $22.14 | -$12.27 |
| Total cash flows from investing | -$14.83 | -$11.64 | $9.86 | -$9.89 |
| Financing activities | ||||
| Dividends paid | -$31.54 | -$31.92 | -$31.52 | -$31.52 |
| Sale and purchase of stock | ||||
| Net borrowings | -$0.01 | -$15.26 | -$0.01 | |
| Total cash flows from financing | -$31.99 | -$35.33 | -$46.78 | -$31.55 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $58.17 | $63.35 | -$167.91 | $81.31 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $183.53 | $158.7 | $219.46 | $92.94 |
| Operating activities | ||||
| Depreciation | $10.35 | $10.6 | $38.27 | $38.13 |
| Business acquisitions & disposals | -$8.25 | -$20.62 | -$38.03 | $5.93 |
| Stock-based compensation | $10.11 | $7.85 | $14.8 | $9.75 |
| Total cash flows from operations | $209.98 | $181.32 | $255.22 | $267.55 |
| Investing activities | ||||
| Capital expenditures | -$10.55 | -$9.96 | -$13.49 | -$13.9 |
| Investments | $5.39 | $28.02 | -$9.23 | $15.51 |
| Total cash flows from investing | -$14.6 | -$3.73 | -$61.97 | $7.34 |
| Financing activities | ||||
| Dividends paid | -$126.23 | -$128.26 | -$131.8 | -$128.23 |
| Sale and purchase of stock | $52.56 | |||
| Net borrowings | -$45.71 | $9.76 | $12.05 | -$209.94 |
| Total cash flows from financing | -$175.65 | -$122.06 | -$364.08 | -$288.69 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $19.73 | $55.52 | -$170.83 | -$13.8 |
News
Fundamentals
| Market cap | $2.36B |
|---|---|
| Enterprise value | $3.35B |
| Shares outstanding | 157.38M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | 1.71% |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | -3.37 |
| Book/Share | -4.45 |
| Cash/Share | 2.48 |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | -2.26 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 2.43 |
| Quick ratio | 2.06 |