Aerojet Rocketdyne Holdings, Inc. (AJRD) financial statements (2023 and earlier)
Company profile
| Business Address |
222 N. PACIFIC COAST HIGHWAY EL SEGUNDO, CA 90245 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 376 - Guided Missiles And Space Vehicles And Parts (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments, including: | 711 | 1,157 | 933 | 735 | 555 | 418 | ||
| Cash and cash equivalents | 700 | 1,150 | 933 | 735 | 535 | 410 | ||
| Short-term investments | 11 | 7 | 20 | |||||
| Other undisclosed cash, cash equivalents, and short-term investments | 8 | |||||||
| Restricted cash and investments | 3 | 3 | 3 | 5 | ||||
| Receivables | 61 | 76 | 113 | 141 | 216 | 142 | ||
| Inventory, net of allowances, customer advances and progress billings | 10 | 10 | 24 | 15 | 136 | 185 | ||
| Inventory | 10 | 10 | 24 | 15 | 136 | 185 | ||
| Contract with customer, asset | 354 | 289 | 224 | 235 | ✕ | ✕ | ||
| Other current assets | 108 | 137 | 146 | 118 | 110 | 92 | ||
| Other undisclosed current assets | (10) | (10) | (24) | (15) | 17 | |||
| Total current assets: | 1,237 | 1,660 | 1,418 | 1,234 | 1,017 | 855 | ||
| Noncurrent Assets | ||||||||
| Finance lease, right-of-use asset | 42 | 44 | 47 | ✕ | ✕ | ✕ | ||
| Operating lease, right-of-use asset | 53 | 47 | 48 | ✕ | ✕ | ✕ | ||
| Nontrade receivables | 62 | |||||||
| Property, plant and equipment | 421 | 423 | 400 | 359 | 366 | |||
| Intangible assets, net (including goodwill) | 196 | 206 | 220 | 233 | 247 | 253 | ||
| Goodwill | 161 | 161 | 161 | 161 | 161 | 158 | ||
| Intangible assets, net (excluding goodwill) | 35 | 45 | 58 | 72 | 86 | 94 | ||
| Contract with customer, asset, net | 193 | ✕ | ✕ | |||||
| Deferred income tax assets | 58 | 81 | 122 | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 243 | 255 | 256 | 255 | 259 | 90 | ||
| Other undisclosed noncurrent assets | 185 | 183 | 598 | 175 | 377 | 624 | ||
| Total noncurrent assets: | 1,197 | 1,240 | 1,290 | 1,256 | 1,242 | 1,395 | ||
| TOTAL ASSETS: | 2,434 | 2,900 | 2,708 | 2,490 | 2,259 | 2,250 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 132 | 547 | 127 | 89 | 101 | 206 | ||
| Accounts payable | 132 | 99 | 127 | 89 | 101 | 96 | ||
| Employee-related liabilities | 106 | |||||||
| Interest and dividends payable | 448 | 4 | ||||||
| Deferred revenue | 367 | 407 | 262 | ✕ | ✕ | ✕ | ||
| Debt | 167 | 300 | 285 | 273 | 25 | 56 | ||
| Postemployment benefits liability | 5 | |||||||
| Accrued environmental loss contingencies | 38 | 40 | 40 | 40 | 35 | 37 | ||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 238 | 222 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | 273 | ✕ | ✕ | ||
| Other liabilities | 173 | 162 | 156 | 204 | 196 | 168 | ||
| Other undisclosed current liabilities | (110) | |||||||
| Total current liabilities: | 876 | 1,456 | 870 | 878 | 595 | 584 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation, including: | 295 | 324 | 352 | 352 | 591 | 608 | ||
| Long-term debt, excluding current maturities | 352 | 352 | 591 | 608 | ||||
| Finance lease, liability | 42 | 43 | 46 | ✕ | ✕ | ✕ | ||
| Operating lease, liability | 41 | 36 | 39 | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 212 | 245 | (85) | |||||
| Liabilities, other than long-term debt | 688 | 851 | 909 | 838 | 970 | 1,022 | ||
| Liability, pension and other postretirement and postemployment benefits | 256 | 405 | 438 | 377 | 493 | 586 | ||
| Accrued environmental loss contingencies | 259 | 261 | 269 | 288 | 306 | 313 | ||
| Other liabilities | 174 | 185 | 202 | 173 | 171 | 124 | ||
| Other undisclosed noncurrent liabilities | 41 | 36 | ||||||
| Total noncurrent liabilities: | 1,024 | 1,211 | 1,261 | 1,191 | 1,562 | 1,630 | ||
| Total liabilities: | 1,900 | 2,666 | 2,131 | 2,069 | 2,156 | 2,214 | ||
| Temporary equity, carrying amount | 1 | |||||||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 534 | 234 | 577 | 421 | 102 | 35 | ||
| Common stock | 8 | 8 | 8 | 8 | 7 | 7 | ||
| Treasury stock, value | (64) | (64) | (13) | (13) | (65) | (65) | ||
| Additional paid in capital | 599 | 583 | 573 | 562 | 503 | 457 | ||
| Accumulated other comprehensive loss | (101) | (228) | (237) | (239) | (273) | (303) | ||
| Retained earnings (accumulated deficit) | 92 | (65) | 245 | 104 | (71) | (62) | ||
| Total stockholders' equity: | 534 | 234 | 577 | 421 | 102 | 35 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,434 | 2,900 | 2,708 | 2,490 | 2,259 | 2,250 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 2,188 | 2,073 | 1,982 | 1,896 | 1,877 | 1,761 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 1,877 | 1,761 | |
| Cost of revenue | (1,824) | (1,706) | (1,614) | (1,546) | (1,623) | (1,582) | |
| Cost of goods and services sold | (1,800) | (1,701) | (1,614) | (1,615) | (1,527) | ||
| Gross profit: | 364 | 366 | 368 | 350 | 254 | 180 | |
| Operating expenses | (107) | (126) | (130) | (79) | (140) | (119) | |
| Other operating income (expense), net | (24) | (5) | 1 | 3 | (8) | (20) | |
| Other nonrecurring (income) expense | 40 | ||||||
| Other undisclosed operating income (loss) | 24 | 5 | (3) | 8 | 20 | ||
| Operating income: | 257 | 241 | 238 | 271 | 114 | 61 | |
| Nonoperating expense | (62) | (60) | (46) | (82) | (27) | (32) | |
| Investment income, nonoperating | 3 | 6 | 16 | 10 | 4 | 1 | |
| Interest and debt expense | (11) | (30) | (36) | (34) | (31) | (0) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 30 | 36 | 34 | 31 | 0 | ||
| Income from continuing operations before equity method investments, income taxes: | 185 | 180 | 192 | 189 | 87 | 29 | |
| Other undisclosed income from continuing operations before income taxes | 11 | ||||||
| Income from continuing operations before income taxes: | 195 | 180 | 192 | 189 | 87 | 29 | |
| Income tax expense | (51) | (43) | (51) | (51) | (96) | (11) | |
| Income (loss) before gain (loss) on sale of properties: | 144 | 138 | 141 | 137 | (9) | 18 | |
| Unusual or infrequent item, or both, net (gain) loss | (8) | ||||||
| Net income (loss): | 144 | 130 | 141 | 137 | (9) | 18 | |
| Other undisclosed net income (loss) attributable to parent | 8 | (0) | |||||
| Net income (loss) attributable to parent: | 144 | 138 | 141 | 137 | (9) | 18 | |
| Undistributed earnings (loss) allocated to participating securities, basic | (1) | (2) | (3) | (3) | ✕ | ||
| Other undisclosed net loss available to common stockholders, basic | (0) | ||||||
| Net income (loss) available to common stockholders, diluted: | 143 | 136 | 138 | 134 | (9) | 18 | |
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 144 | 130 | 141 | 137 | (9) | 18 | |
| Other comprehensive income (loss) | 127 | 9 | 3 | 33 | 30 | (28) | |
| Comprehensive income (loss): | 270 | 139 | 144 | 171 | 21 | (10) | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 8 | 72 | |||||
| Comprehensive income, net of tax, attributable to parent: | 270 | 147 | 144 | 171 | 21 | 62 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.