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ADAMS RESOURCES & ENERGY, INC.

CIK: 2178 SIC: 5172
$2.78B
Revenue
$-8.14M
Net Income
1.22%
Gross Margin
-0.32%
Op. Margin
$71.58M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 13 annual reports available (2011 - 2023)
Breakdown TTM
(Sep 30, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
+ Total Revenue $2.78B $2.75B $3.37B $2.03B $1.02B $1.81B
Revenue Growth % 1.4% -18.5% 66.3% 98.1% -43.6% nan%
Cost of Revenue $2.75B $2.70B $3.32B $1.98B $999.31M $1.78B
+ Gross Profit $33.87M $45.19M $46.20M $49.66M $23.11M $34.64M
Gross Margin % 1.2% 1.6% 1.4% 2.5% 2.3% 1.9%
Operating Expenses $2.79B $2.74B $3.36B $2.01B $1.03B $1.80B
+ Operating Income $-9.03M $2.40M $5.77M $16.16M $-5.75M $7.80M
Operating Margin % -0.3% 0.1% 0.2% 0.8% -0.6% 0.4%
Interest Expense $2.90M $3.38M $1.29M $746.00K $444.00K $636.00K
Interest Income - $1.47M $921.00K $243.00K $656.00K $2.77M
Other Income/Expense $-655.00K $-1.91M $-366.00K $-503.00K $212.00K $2.70M
Income Before Tax $-9.69M $486.00K $5.41M $15.66M $-5.54M $10.50M
Income Tax Expense $-1.55M $274.00K $1.92M $3.77M $-6.53M $2.30M
+ Net Income $-8.14M $212.00K $3.49M $11.89M $995.00K $8.21M
Net Margin % -0.3% 0.0% 0.1% 0.6% 0.1% 0.5%
Basic EPS -3.17 0.08 0.86 2.78 0.23 1.94
Diluted EPS -3.16 0.08 0.85 2.75 0.23 1.94
Breakdown FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
Cash & Cash Equivalents $33.26M $20.53M $97.83M $39.29M $112.99M
Accounts Receivable $164.29M $189.04M $137.79M $99.80M $94.53M
Other Current Assets $3.10M $3.12M - - -
Total Current Assets $232.47M $250.14M $273.21M $187.51M $247.32M
Property Plant & Equipment - $106.42M $88.04M $94.13M $69.05M
Goodwill $6.67M $6.43M - - -
Intangible Assets $7.99M $9.74M $3.32M $4.11M $1.60M
Other Non-current Assets $3.31M $3.70M $3.03M $2.38M $3.30M
Total Assets $361.33M $384.16M $374.70M $296.19M $330.84M
Accounts Payable - $204.39M $168.22M $85.99M $147.85M
Other Current Liabilities $16.15M $19.21M $11.62M $22.34M $7.30M
Total Current Liabilities $210.79M $231.06M $186.01M $114.55M $159.58M
Total Liabilities $268.62M $290.98M $214.32M $147.09M $179.20M
Common Stock $253.00K $248.00K $433.00K $423.00K $423.00K
Retained Earnings $70.66M $72.96M $143.04M $135.33M $138.44M
Total Stockholders Equity $92.72M $93.18M $160.39M $149.09M $151.64M
Total Liabilities & Equity $361.33M $384.16M $374.70M $296.19M $330.84M
Breakdown TTM
(Sep 30, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
Net Income $-10.87M $212.00K $3.49M $11.89M $995.00K $8.21M
Depreciation & Amortization $24.86M $27.86M $22.71M $19.80M $18.57M $16.64M
Stock-based Compensation $2.40M $1.19M $1.02M $854.00K $643.00K $478.00K
Deferred Income Tax $-7.25M $-2.42M $-2.14M $-1.40M $6.39M $2.08M
Change in Receivables $-46.80M $-24.71M $46.58M $37.98M $5.16M $8.37M
Change in Inventory $9.95M $-7.09M $7.33M $-394.00K $-4.75M $3.63M
Change in Payables $8.88M $-21.27M $34.76M $82.17M $-61.12M $31.80M
Operating Cash Flow $71.58M $30.27M $13.78M $81.03M $-44.00M $46.90M
Capital Expenditure - - - $12.38M $5.01M $35.74M
Acquisitions - - $33.15M - $20.20M $5.62M
Investing Cash Flow $-19.47M $-3.11M $-36.00M $-10.10M $-19.66M $-36.04M
Debt Repayment $16.38M $78.50M $92.62M $8.00M - -
Stock Repurchased - - $69.93M - - -
Dividends Paid $4.50M $2.52M $3.77M $4.14M $4.08M $3.98M
Financing Cash Flow $-34.05M $-12.98M $-54.02M $-15.68M $-6.53M $-5.67M
Net Change in Cash $18.06M $14.18M $-76.25M $55.25M $-70.19M $5.19M
SEC Filing Format - Data shown as it appears in the Q3 2024 (10-Q) filing Period ended: Sep 30, 2024
Condensed Consolidated Statements of Operations
Description Sep 30, 2024 Sep 30, 2024
Current Prior Year Current YTD Prior Year YTD
Total Revenue $695.16M - $2.07B -
Operating Expenses $700.73M - $2.08B -
Operating Income $-5.56M - $-8.36M -
Interest Expense $572.00K - $2.04M -
Other Income/Expense $-44.00K - $-374.00K -
Income Before Tax $-5.61M - $-8.73M -
Income Tax Expense $-1.07M - $-1.47M -
Net Income $-4.54M $827.00K $-7.27M -
Basic EPS -1.76 - -2.83 -
Diluted EPS -1.76 - -2.83 -
Condensed Consolidated Balance Sheets
Description Sep 30, 2024 Dec 31, 2023
Cash & Cash Equivalents $25.09M $33.26M
Accounts Receivable $144.33M $164.29M
Other Current Assets $2.32M $3.10M
Total Current Assets $213.04M $232.47M
Goodwill $6.67M $6.67M
Intangible Assets $6.74M $7.99M
Other Non-current Assets $2.96M $3.31M
Total Assets $332.99M $361.33M
Other Current Liabilities $16.72M $16.15M
Total Current Liabilities $205.37M $210.79M
Total Liabilities $248.21M $268.62M
Common Stock $256.00K $253.00K
Retained Earnings $61.46M $70.66M
Total Stockholders Equity $84.78M $92.72M
Total Liabilities & Equity $332.99M $361.33M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2024 Sep 30, 2024
Current Prior Year Current YTD Prior Year YTD
Net Income $-4.54M $827.00K $-7.27M -
Depreciation & Amortization $5.75M - $18.29M -
Stock-based Compensation - - $1.18M -
Deferred Income Tax - - $-2.71M -
Change in Receivables - - $-20.17M -
Change in Inventory - - $10.20M -
Change in Payables - - $-4.57M -
Operating Cash Flow - - $14.70M -
Investing Cash Flow - - $-10.81M -
Debt Repayment - - $6.88M -
Dividends Paid - - $1.93M -
Financing Cash Flow - - $-13.60M -
Net Change in Cash - - $-9.71M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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