Company profile

Ticker
APD
Exchange
CEO
Seifollah Ghasemi
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
231274455

APD stock data

(
)

Calendar

23 Jul 20
7 Aug 20
30 Sep 20

News

Company financial data Financial data

Quarter (USD) Jun 20 Mar 20 Dec 19 Sep 19
Revenue 2.07B 2.22B 2.25B 2.28B
Net income 457.1M 490.4M 488.9M 518.7M
Diluted EPS 2.01 2.15 2.14 2.27
Net profit margin 22.13% 22.13% 21.68% 22.72%
Operating income 539.2M 577.2M 561M 603.2M
Net change in cash 1.7B -186M 157.4M -448.1M
Cash on hand 3.92B 2.22B 2.41B 2.25B
Cost of revenue 1.34B 1.46B 1.49B 1.49B
Annual (USD) Sep 19 Sep 18 Sep 17 Sep 16
Revenue 8.92B 8.93B 8.19B 7.5B
Net income 1.81B 1.53B 3.02B 661.5M
Diluted EPS 7.94 6.78 13.65 2.89
Net profit margin 20.29% 17.17% 36.90% 8.82%
Operating income 2.14B 1.97B 1.44B 1.53B
Net change in cash -542.6M -482.3M 1.98B 1.11B
Cash on hand 2.25B 2.79B 3.27B 1.29B
Cost of revenue 5.98B 6.19B 5.75B 5.18B

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
30 Jun 20 Lisa Ann Davis Phantom Stock Common Stock Grant Aquire A No 238.61 3.38 806.6 605.323
30 Jun 20 Ho David H Y Phantom Stock Common Stock Grant Aquire A No 238.61 211.494 50.46K 15,483.596
30 Jun 20 Deaton Chad C Phantom Stock Common Stock Grant Aquire A No 238.61 78.968 18.84K 14,140.555
30 Jun 20 Cogut Charles I Phantom Stock Common Stock Grant Aquire A No 238.61 29.479 7.03K 5,278.684
30 Jun 20 Susan K Carter Phantom Stock Common Stock Grant Aquire A No 238.61 224.524 53.57K 17,816.719
83.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1162 1233 -5.8%
Opened positions 88 173 -49.1%
Closed positions 159 78 +103.8%
Increased positions 440 411 +7.1%
Reduced positions 452 419 +7.9%
13F shares
Current Prev Q Change
Total value 36.93B 43.45B -15.0%
Total shares 184.82M 184.92M -0.1%
Total puts 306.81K 320.5K -4.3%
Total calls 349.2K 473.1K -26.2%
Total put/call ratio 0.9 0.7 +29.7%
Largest owners
Shares Value Change
Vanguard 20.38M $4.07B +2.1%
BLK BlackRock 15.89M $3.17B -3.0%
State Farm Mutual Automobile Insurance 14.02M $2.8B 0.0%
STT State Street 9.78M $1.97B -3.7%
BAC Bank of America 8.44M $1.68B +28.9%
JPM JPMorgan Chase & Co. 6.08M $1.21B +0.5%
Capital International Investors 5.49M $1.1B +3.6%
BEN Franklin Resources 5.03M $1B +14.6%
WFC Wells Fargo & Company 4.15M $828.79M -0.3%
N Price T Rowe Associates 4.05M $808.18M -18.7%
Largest transactions
Shares Bought/sold Change
BAC Bank of America 8.44M +1.89M +28.9%
JHG Janus Henderson 2.16M -989.97K -31.5%
Capital World Investors 3.5M +941.07K +36.8%
N Price T Rowe Associates 4.05M -928.83K -18.7%
London Co Of Virginia 1.06M +842.1K +384.8%
American Century Companies 1.05M +751.36K +250.3%
BEN Franklin Resources 5.03M +641K +14.6%
Norges Bank 0 -535.93K EXIT
Ceredex Value Advisors 514.1K +514.1K NEW
BLK BlackRock 15.89M -487.71K -3.0%

Financial report summary

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Risks
  • Changes in global and regional economic conditions, the markets we serve, or the financial markets may adversely affect our results of operations and cash flows.
  • Our extensive international operations can be adversely impacted by operational, economic, political, security, legal, and currency translation risks that could decrease profitability.
  • Operational and project execution risks may adversely affect our operations or financial results.
  • We are subject to extensive government regulation in the jurisdictions in which we do business. Regulations addressing, among other things, import/export restrictions, anti-bribery and corruption, and taxes, can negatively impact our financial condition, results of operation, and cash flows.
  • We may be unable to successfully identify, execute or effectively integrate acquisitions, or effectively disentangle divested businesses.
  • The security of our information technology systems could be compromised, which could adversely affect our ability to operate.
  • Interruption in ordinary sources of raw material or energy supply or an inability to recover increases in energy and raw material costs from customers could result in lost sales or reduced profitability.
  • Catastrophic events could disrupt our operations or the operations of our suppliers or customers, having a negative impact on our business, financial results, and cash flows.
  • New technologies create performance risks that could impact our financial results or reputation.
  • Legislative, regulatory and societal responses to global climate change create financial risk.
  • Our financial results may be affected by various legal and regulatory proceedings, including those involving antitrust, tax, environmental, or other matters.
  • Costs and expenses resulting from compliance with environmental regulations may negatively impact our operations and financial results.
  • Implementation of the United Kingdom’s (“UK”) exit from European Union (“EU”) membership could adversely affect our European Operations.
  • Inability to compete effectively in a segment could adversely impact sales and financial performance.
  • A change of tax law in key jurisdictions could result in a material increase in our tax expense.
  • We could incur significant liability if the distribution of Versum common stock to our stockholders is determined to be a taxable transaction.
Management Discussion
  • Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
  • The discussion that follows includes a comparison of our results of operations and liquidity and capital resources for the third quarter and first nine months of fiscal years 2020 and 2019. The disclosures provided in this quarterly report are complementary to those made in our 2019 Form 10-K.
  • The financial measures included in the discussion that follows are presented in accordance with U.S. generally accepted accounting principles ("GAAP"), except as noted. We present certain financial measures on an "adjusted" or "non-GAAP" basis because we believe such measures, when viewed together with financial results computed in accordance with GAAP, provide a more complete understanding of the factors and trends affecting our historical financial performance. For each non-GAAP financial measure, including adjusted diluted earnings per share ("EPS"), adjusted EBITDA, adjusted EBITDA margin, and adjusted effective tax rate, we present a reconciliation to the most directly comparable financial measure calculated in accordance with GAAP. These reconciliations and explanations regarding the use of these measures are presented on pages 53-60.
Content analysis ?
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Readability
H.S. freshman Avg
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Removed: ASC, base, fulfillment, substantial