Echo Global Logistics, Inc. (ECHO) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
600 WEST CHICAGO AVENUE CHICAGO, IL 60654 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4731 - Arrangement of Transportation of Freight and Cargo (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2021 MRQ | 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 | 41 | 35 | 40 | 24 | 17 | 57 | |||
| Cash and cash equivalents | 41 | 35 | 40 | 24 | 17 | 57 | |||
| Receivables | 439 | 289 | 340 | 315 | 239 | 197 | |||
| Prepaid expense | 9 | 9 | 9 | 6 | 8 | 4 | |||
| Other current assets | 3 | 3 | 4 | 4 | 5 | 3 | |||
| Total current assets: | 493 | 336 | 394 | 348 | 268 | 261 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 17 | 20 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 54 | 59 | 62 | 63 | 57 | 27 | |||
| Intangible assets, net (including goodwill) | 396 | 407 | 419 | 425 | 439 | 456 | |||
| Goodwill | 310 | 310 | 310 | 307 | 307 | 308 | |||
| Intangible assets, net (excluding goodwill) | 87 | 98 | 110 | 117 | 132 | 148 | |||
| Other noncurrent assets | 4 | 5 | |||||||
| Other undisclosed noncurrent assets | 0 | 0 | 3 | 2 | 2 | 2 | |||
| Total noncurrent assets: | 470 | 490 | 485 | 490 | 498 | 486 | |||
| TOTAL ASSETS: | 964 | 827 | 878 | 838 | 767 | 747 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 373 | 223 | 264 | 233 | 167 | 134 | |||
| Taxes payable | 2 | ||||||||
| Accounts payable | 318 | 188 | 216 | 194 | 135 | 104 | |||
| Accrued liabilities | 53 | 35 | 48 | 40 | 32 | 30 | |||
| Self insurance reserve | 1 | 1 | |||||||
| Other liabilities | 4 | 7 | 0 | 1 | |||||
| Other undisclosed current liabilities | 0 | 1 | 1 | 1 | 1 | 1 | |||
| Total current liabilities: | 377 | 230 | 267 | 234 | 168 | 137 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 162 | 31 | |||||||
| Long-term debt, excluding current maturities | 134 | ||||||||
| Liabilities, other than long-term debt | 26 | 1 | 38 | 33 | 36 | 15 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 19 | 13 | 17 | 13 | ||
| Deferred income tax liabilities | 25 | ✕ | ✕ | ✕ | ✕ | ||||
| Other liabilities | 1 | 1 | 18 | 20 | 19 | 3 | |||
| Operating lease, liability | 28 | 31 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 181 | 184 | 212 | 205 | 198 | ||||
| Total noncurrent liabilities: | 187 | 213 | 221 | 245 | 241 | 214 | |||
| Other undisclosed liabilities | (0) | ||||||||
| Total liabilities: | 565 | 443 | 488 | 479 | 409 | 351 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 399 | 383 | 390 | 359 | 358 | 395 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (119) | (109) | (80) | (70) | (49) | (1) | |||
| Additional paid in capital | 366 | 357 | 348 | 337 | 329 | 319 | |||
| Retained earnings | 152 | 136 | 121 | 91 | 79 | 77 | |||
| Other undisclosed equity, attributable to parent | 0 | ||||||||
| Other undisclosed equity | 0 | (0) | |||||||
| Total equity: | 399 | 383 | 390 | 359 | 358 | 395 | |||
| TOTAL LIABILITIES AND EQUITY: | 964 | 827 | 878 | 838 | 767 | 747 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,512 | 2,185 | 2,440 | 1,943 | ||||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 1,943 | |||
| Cost of revenue (Cost of Goods and Services Sold) | (2,118) | (1,799) | (1,604) | |||||
| Gross profit: | 393 | 386 | 2,440 | 339 | ||||
| Operating expenses | (325) | (313) | (330) | (287) | (271) | (243) | ||
| Other undisclosed operating income (loss) | (38) | (38) | (2,056) | (33) | 286 | 266 | ||
| Operating income: | 29 | 35 | 54 | 19 | 16 | 23 | ||
| Nonoperating expense | (0) | |||||||
| Investment income, nonoperating | 0 | |||||||
| Other nonoperating expense | (0) | |||||||
| Interest and debt expense | (6) | (13) | (16) | (15) | (14) | (11) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 0 | 0 | ||||||
| Income from continuing operations before income taxes: | 24 | 22 | 38 | 4 | 1 | 12 | ||
| Income tax expense (benefit) | (8) | (7) | (9) | 8 | 0 | (4) | ||
| Income from continuing operations: | 16 | 15 | 29 | 13 | 2 | 8 | ||
| Income before gain (loss) on sale of properties: | ✕ | 16 | 15 | 29 | 13 | 2 | 8 | |
| Net income: | 16 | 15 | 29 | 13 | 2 | 8 | ||
| Other undisclosed net loss attributable to parent | (0) | (0) | ||||||
| Net income available to common stockholders, diluted: | 16 | 15 | 29 | 13 | 2 | 8 | ||
Comprehensive Income ($ in millions)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 16 | 15 | 29 | 13 | 2 | 8 | ||
| Comprehensive income, net of tax, attributable to parent: | 16 | 15 | 29 | 13 | 2 | 8 | ||
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.