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PGT Innovations Inc

Industrials US PGTI

NoneUSD
-(-%)

Last update at 2024-04-15T21:01:03.111750Z

Day Range

--
LowHigh

52 Week Range

17.4341.38
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 131.07M 44.95M 56.99M 56.13M 65.20M
Minority interest -1.52300M -2.31800M - - -
Net income 96.88M 32.88M 45.11M 43.69M 53.93M
Selling general administrative 402.89M 303.04M 224.39M 171.91M 150.91M
Selling and marketing expenses - - - - -
Gross profit 570.67M 403.50M 321.32M 260.37M 243.47M
Reconciled depreciation 60.20M 51.57M 42.84M 34.73M 24.45M
Ebit 160.36M 48.89M 54.10M 49.32M 68.11M
Ebitda 227.98M 100.46M 96.94M 84.06M 92.56M
Depreciation and amortization 67.62M 51.57M 42.84M 34.73M 24.45M
Non operating income net other - - - - -
Operating income 160.36M 48.89M 54.10M 49.32M 95.11M
Other operating expenses 1324.17M 1061.01M 785.68M 660.90M 605.93M
Interest expense 28.88M 30.03M 27.72M 26.42M 26.53M
Tax provision 32.67M 9.76M 11.88M 12.44M 11.27M
Interest income 0.62M 0.03M 0.12M 0.34M 0.39M
Net interest income -28.87900M -30.02900M -27.71900M -26.41700M -26.52900M
Extraordinary items - - - - -0.20000M
Non recurring - - 12.23M - -
Other items - - - - -
Income tax expense 32.67M 9.76M 11.88M 12.44M 11.27M
Total revenue 1491.95M 1161.46M 882.62M 744.96M 698.49M
Total operating expenses 402.89M 303.04M 224.39M 176.31M 150.91M
Cost of revenue 921.28M 757.97M 561.30M 484.59M 455.02M
Total other income expense net -29.28900M -3.93200M 2.89M 6.80M -0.82400M
Discontinued operations - - - - -
Net income from continuing ops 98.41M 35.20M 45.11M 43.69M 53.93M
Net income applicable to common shares 98.88M 26.80M 45.11M 43.69M 53.93M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 1640.25M 1460.61M 1062.52M 922.73M 862.15M
Intangible assets 447.05M 394.52M 256.51M 255.96M 271.82M
Earning assets - - - - -
Other current assets 28.30M 28.98M 11.11M 10.52M 7.91M
Total liab 977.51M 894.65M 577.39M 491.19M 476.61M
Total stockholder equity 628.01M 529.10M 485.13M 431.55M 385.54M
Deferred long term liab - 37.49M 28.33M 27.95M 22.76M
Other current liab 91.85M 45.68M 42.74M 30.54M 45.46M
Common stock 0.64M 0.64M 0.62M 0.62M 0.61M
Capital stock 0.64M 0.64M 0.62M 0.62M 0.61M
Retained earnings 204.89M 106.40M 79.90M 34.79M -8.90000M
Other liab 54.87M 49.23M 39.68M 42.08M 41.27M
Good will 460.42M 364.60M 329.69M 277.60M 277.83M
Other assets 4.77M 3.30M 0.93M 0.97M 1.24M
Cash 66.55M 96.15M 100.32M 97.24M 52.65M
Cash and equivalents - - - - -
Total current liabilities 185.35M 135.86M 90.48M 56.10M 68.72M
Current deferred revenue 33.39M 36.98M 18.13M 7.41M 7.81M
Net debt 687.14M 626.59M 353.04M 300.47M 314.13M
Short term debt 16.39M 13.18M 6.13M 4.70M 0.16M
Short long term debt - - - - 0.16M
Short long term debt total 753.69M 722.74M 453.36M 397.71M 366.78M
Other stockholder equity 422.26M 415.06M 401.89M 396.38M 396.90M
Property plant equipment 311.05M 276.43M 135.16M 128.20M 115.71M
Total current assets 415.54M 421.76M 301.67M 233.61M 195.56M
Long term investments - - - - -
Net tangible assets -280.88100M -230.02600M -101.06800M -102.01400M -164.10100M
Short term investments - - - - -
Net receivables 208.03M 196.46M 121.57M 78.64M 87.47M
Long term debt 642.13M 625.65M 412.10M 368.97M 366.61M
Inventory 112.67M 91.44M 60.32M 43.85M 44.67M
Accounts payable 43.73M 40.02M 23.47M 13.44M 15.29M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.22M 7.01M 2.72M -0.23800M -3.06500M
Additional paid in capital - - - - -
Common stock total equity - 0.64M 0.62M 0.62M 0.61M
Preferred stock total equity - - - - -
Retained earnings total equity - 106.40M 79.90M 34.79M -8.90000M
Treasury stock - -18.28900M -18.30900M -18.30900M -12.75900M
Accumulated amortization - - - - -
Non currrent assets other -42.64100M 3.30M 0.93M 0.97M 1.24M
Deferred long term asset charges - - - - -
Non current assets total 1224.71M 1038.85M 760.85M 689.12M 666.59M
Capital lease obligations 111.55M 97.08M 41.26M 28.74M -
Long term debt total - 625.65M 412.10M 368.97M 366.61M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -233.92000M -253.91300M -114.40200M -31.19700M -378.39600M
Change to liabilities 37.31M -12.75000M 10.24M -19.48700M 26.43M
Total cashflows from investing activities -233.92000M -253.91300M -114.40200M -31.19700M -378.39600M
Net borrowings 16.35M 197.78M 41.92M -0.99200M 142.64M
Total cash from financing activities 7.95M 186.06M 41.98M -5.42600M 296.71M
Change to operating activities - - -11.34200M -4.42900M 4.21M
Net income 98.41M 35.20M 45.11M 43.69M 53.93M
Change in cash -29.59800M -4.17400M 3.08M 44.59M 18.62M
Begin period cash flow 96.15M 100.32M 97.24M 52.65M 34.03M
End period cash flow 66.55M 96.15M 100.32M 97.24M 52.65M
Total cash from operating activities 196.37M 63.68M 75.50M 81.22M 100.31M
Issuance of capital stock - - 0.00000M 0.00000M 152.50M
Depreciation 60.20M 51.57M 42.84M 34.73M 24.45M
Other cashflows from investing activities - -220.48900M -89.60200M 0.07M -348.62700M
Dividends paid - -0.46300M -0.30500M -0.05900M 317.27M
Change to inventory -12.01700M -15.98400M -14.79300M 0.81M 0.09M
Change to account receivables -20.62200M -34.39000M -13.77500M 12.68M -17.68100M
Sale purchase of stock -3.45300M -1.64800M -0.81500M -5.55000M -0.68700M
Other cashflows from financing activities 154.45M 688.23M 52.80M 64.26M 622.46M
Change to netincome 20.56M 45.02M 13.57M 11.54M 1.08M
Capital expenditures 45.38M 33.42M 24.80M 31.27M 29.77M
Change receivables - -34.39000M -13.77500M 12.68M -17.68100M
Cash flows other operating - -4.98000M -7.69400M -2.75500M 12.00M
Exchange rate changes - - - - -
Cash and cash equivalents changes - -4.17400M 3.08M 44.59M 18.62M
Change in working capital 17.50M -69.08200M -29.67000M -10.41900M 13.06M
Stock based compensation 9.67M 7.82M 5.46M 3.92M 3.38M
Other non cash items 21.95M 30.55M 12.35M 4.88M 10.45M
Free cash flow 151.00M 30.25M 50.70M 49.95M 70.54M

Fundamentals

  • Previous Close -
  • Market Cap2339.05M
  • VolumeNone
  • P/E Ratio21.35
  • Dividend Yield2.13%
  • EBITDA259.93M
  • Revenue TTM1502.63M
  • Revenue Per Share TTM25.43
  • Gross Profit TTM 570.67M
  • Diluted EPS TTM1.92

Peer Comparison

Sector: Industrials Industry: Building Products & Equipment

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
PGTI
PGT Innovations Inc
- -% - 21.35 - 1.53 3.48 2.00 12.29
TT
Trane Technologies plc
-3.08 1.04% 293.88 28.25 23.87 3.13 8.12 3.36 19.06
CARR
Carrier Global Corp
-1.38 2.43% 55.46 40.50 18.90 2.14 5.74 2.37 18.97
DKILY
Daikin Industries Ltd ADR
-0.04 0.31% 12.88 25.89 21.01 0.01 2.60 0.01 0.08
DKILF
Daikin IndustriesLtd
-1.41 1.09% 127.75 24.94 21.60 0.01 2.67 0.01 0.08

Reports Covered

Stock Research & News

Profile

PGT Innovations, Inc., together with its subsidiaries manufactures and supplies impact-resistant aluminum frame windows and doors in the United States and internationally. The company provides heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris; and non-impact resistant vinyl windows with insulating glass and multi-chambered frames for various climate zones. It also offers customizable non-impact-resistant aluminum frame windows and doors; and non-glass vertical and horizontal sliding panels for porch enclosures, including vinyl-glazed aluminum-framed products used for enclosing screened-in porches that provide protection from inclement weather. In addition, the company provides premium aluminum impact-resistant products; aluminum impact-resistant windows and doors; vinyl energy-efficient impact-resistant windows; and commercial storefront window system and entry doors. Further, it provides impact and non-impact sliding glass and terrace doors; fixed picture, single hung, and horizontal rolling windows; aluminum thermally broken doors and windows; fixed and operating windows; sliding, folding, and hinged doors; and moving glass walls and windows. The company offers its products under the PGT, CGI, WinDoor, Western Window Systems, NewSouth, Eco Window Systems, CGI Commercial, Anlin, and Martin brands. It serves window distributors, building supply distributors, window replacement dealers, enclosure contractors, and garage door installation dealers. The company was formerly known as PGT, Inc. and changed its name to PGT Innovations, Inc. in December 2016. PGT Innovations, Inc. was founded in 1980 and is headquartered in North Venice, Florida.

PGT Innovations Inc

1070 Technology Drive, North Venice, FL, United States, 34275

Key Executives

Name Title Year Born
Mr. Rodney Hershberger Co-Founder & Chairman 1957
Mr. Jeffrey T. Jackson Pres, CEO & Director 1966
Mr. Ryan S. Quinn Gen. Counsel & Corp. Sec. NA
Mr. Bradley R. West Sr. VP of Corp. Devel. & Treasurer 1966
Mr. Robert Andrew Keller Sr. VP of Customer Strategy & Innovation of Southeast Division 1972
Mr. Mike Wothe Pres of Western Division 1964
Mr. John E. Kunz Sr. VP & CFO 1965
Stephanie Cz Corp. Communications & PR Mang. NA
Ms. Deborah L. LaPinska Sr. VP & Chief HR Officer 1962
Mr. David McCutcheon Sr. VP of Bus. Integration 1966

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