CyrusOne Inc (CONE) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2850 N HARWOOD ST DALLAS, TX 75201 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 338,500 | 211,500 | 262,500 | 151,900 | 14,600 | 14,300 | |||
| Cash and cash equivalents | 271,400 | 76,400 | 64,400 | 151,900 | 14,600 | 14,300 | |||
| Short-term investments | 67,100 | 135,100 | 198,100 | ||||||
| Receivables | 6,500 | ||||||||
| Contract with customer, asset, after allowance for credit loss | 400 | ✕ | ✕ | ✕ | |||||
| Total current assets: | 338,900 | 211,500 | 262,500 | 151,900 | 14,600 | 20,800 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 27,600 | 29,900 | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, right-of-use asset | 211,400 | 161,900 | ✕ | ✕ | ✕ | ✕ | |||
| Inventory, real estate | 268,300 | 206,000 | 176,400 | ||||||
| Property, plant and equipment | 3,747,700 | 3,175,800 | 2,748,700 | 1,991,000 | 1,185,600 | 691,200 | |||
| Intangible assets, net (including goodwill) | 612,900 | 651,200 | 690,800 | 658,100 | 605,300 | 623,700 | |||
| Goodwill | 455,100 | 455,100 | 455,100 | 455,100 | 455,100 | 453,400 | |||
| Intangible assets, net (excluding goodwill) | 157,800 | 196,100 | 235,700 | 203,000 | 150,200 | 170,300 | |||
| Total noncurrent assets: | 4,867,900 | 4,224,800 | 3,615,900 | 2,649,100 | 1,790,900 | 1,314,900 | |||
| Other undisclosed assets | 1,690,600 | 1,705,700 | 1,714,100 | 1,511,100 | 1,046,900 | 859,900 | |||
| TOTAL ASSETS: | 6,897,400 | 6,142,000 | 5,592,500 | 4,312,100 | 2,852,400 | 2,195,600 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 2,231,400 | 1,386,600 | 1,158,700 | ||||||
| Other undisclosed long-term debt and lease obligation | 2,231,400 | 1,386,600 | 1,158,700 | ||||||
| Liabilities, other than long-term debt | 53,000 | ||||||||
| Deferred income tax liabilities | 53,000 | ✕ | ✕ | ✕ | ✕ | ||||
| Total noncurrent liabilities: | 53,000 | 2,231,400 | 1,386,600 | 1,158,700 | |||||
| Other undisclosed liabilities | 4,286,200 | 3,707,400 | 3,366,500 | 366,800 | 303,800 | 215,300 | |||
| Total liabilities: | 4,339,200 | 3,707,400 | 3,366,500 | 2,598,200 | 1,690,400 | 1,374,000 | |||
| Equity | |||||||||
| Equity, attributable to parent | 2,558,200 | 2,434,600 | 2,226,000 | 1,713,900 | 1,162,000 | 821,600 | |||
| Common stock | 1,200 | 1,100 | 1,100 | 1,000 | 800 | 700 | |||
| Additional paid in capital | 3,537,300 | 3,202,000 | 2,837,400 | 2,125,600 | 1,412,300 | 967,200 | |||
| Accumulated other comprehensive income (loss) | (13,700) | (1,200) | (12,300) | 74,200 | (1,300) | (400) | |||
| Accumulated deficit | (966,600) | (767,300) | (600,200) | (486,900) | (249,800) | (145,900) | |||
| Total equity: | 2,558,200 | 2,434,600 | 2,226,000 | 1,713,900 | 1,162,000 | 821,600 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,897,400 | 6,142,000 | 5,592,500 | 4,312,100 | 2,852,400 | 2,195,600 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,033,500 | 981,300 | 821,400 | 672,000 | 529,100 | 399,300 | ||
| Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | 787,300 | ✕ | ✕ | ✕ | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 672,000 | |||
| Cost of revenue | (422,700) | (383,400) | (292,400) | (235,100) | (347,900) | (280,600) | ||
| Cost of goods and services sold | (411,600) | (383,400) | (292,400) | (235,100) | (187,500) | (148,700) | ||
| Gross profit: | 610,800 | 597,900 | 529,000 | 436,900 | 181,200 | 118,700 | ||
| Operating expenses | (570,700) | (530,900) | (439,300) | (412,800) | (110,700) | (95,900) | ||
| Other undisclosed operating income | ||||||||
| Operating income: | 40,100 | 67,000 | 89,700 | 24,100 | 70,500 | 22,800 | ||
| Nonoperating expense (Other Nonoperating expense) | (300) | |||||||
| Interest and debt expense | (64,200) | (153,800) | (97,800) | (104,600) | (48,800) | (41,200) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (24,100) | (87,100) | (8,100) | (80,500) | 21,700 | (18,400) | ||
| Other undisclosed income from continuing operations before income taxes | 61,900 | 124,800 | 9,900 | |||||
| Income (loss) from continuing operations before income taxes: | 37,800 | 37,700 | 1,800 | (80,500) | 21,700 | (18,400) | ||
| Income tax expense (benefit) | 3,600 | 3,700 | (600) | (3,000) | (1,800) | (1,800) | ||
| Income (loss) from continuing operations: | 41,400 | 41,400 | 1,200 | (83,500) | 19,900 | (20,200) | ||
| Income (loss) before gain (loss) on sale of properties: | 41,400 | 41,400 | 1,200 | (83,500) | 19,900 | (20,200) | ||
| Net income (loss): | 41,400 | 41,400 | 1,200 | (83,500) | 19,900 | (20,200) | ||
| Net income attributable to noncontrolling interest | 4,800 | |||||||
| Net income (loss) attributable to parent: | 41,400 | 41,400 | 1,200 | (83,500) | 19,900 | (15,400) | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (500) | (700) | (1,100) | (900) | ✕ | ✕ | ||
| Other undisclosed net income (loss) available to common stockholders, basic | 1,100 | (700) | (1,000) | |||||
| Net income (loss) available to common stockholders, basic: | 40,900 | 40,700 | 1,200 | (84,400) | 19,200 | (16,400) | ||
| Other undisclosed net loss available to common stockholders, diluted | (1,100) | |||||||
| Net income (loss) available to common stockholders, diluted: | 40,900 | 40,700 | 100 | (84,400) | 19,200 | (16,400) | ||
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 41,400 | 41,400 | 1,200 | (83,500) | 19,900 | (20,200) | ||
| Other undisclosed comprehensive income (loss) | 75,500 | (900) | ||||||
| Comprehensive income (loss): | 41,400 | 41,400 | 1,200 | (8,000) | 19,000 | (20,200) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 4,800 | |||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (12,500) | 11,100 | (10,900) | (200) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 28,900 | 52,500 | (9,700) | (8,000) | 19,000 | (15,600) | ||
Statements Sources
The financial statements are based on the Company's filings with 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.