GCP Applied Technologies Inc. (GCP) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
62 WHITTEMORE AVENUE CAMBRIDGE, MA 02140 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 28 - Chemicals And Allied Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 471,300 | 500,600 | 481,500 | 488,900 | 472,900 | 482,700 | |||
| Cash and cash equivalents | 471,300 | 500,600 | 481,500 | 488,900 | 472,900 | 482,700 | |||
| Receivables | 168,400 | 162,400 | 168,500 | 167,700 | 161,900 | 169,400 | |||
| Inventory, net of allowances, customer advances and progress billings | 143,500 | 130,700 | 130,000 | 128,300 | 117,100 | 98,400 | |||
| Inventory | 143,500 | 130,700 | 130,000 | 128,300 | 117,100 | 98,400 | |||
| Disposal group, including discontinued operation | 22,000 | ||||||||
| Other current assets | 45,500 | 45,900 | 50,400 | 46,300 | 43,900 | 41,200 | |||
| Total current assets: | 828,700 | 861,600 | 830,400 | 831,200 | 795,800 | 791,700 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 35,100 | 37,700 | 40,000 | ||||||
| Property, plant and equipment | 216,600 | 213,200 | 215,100 | 216,800 | 216,600 | 225,600 | |||
| Intangible assets, net (including goodwill) | 265,500 | 254,300 | 272,900 | 281,100 | 280,900 | 285,900 | |||
| Goodwill | 207,000 | 205,500 | 209,700 | 214,500 | 212,800 | 215,000 | |||
| Intangible assets, net (excluding goodwill) | 58,500 | 48,800 | 63,200 | 66,600 | 68,100 | 70,900 | |||
| Deferred income tax assets | 11,200 | 9,600 | 9,600 | ||||||
| Other noncurrent assets | 114,700 | 117,500 | 121,700 | 33,400 | 35,200 | 35,100 | |||
| Other undisclosed noncurrent assets | 30,400 | 30,000 | 29,700 | ||||||
| Total noncurrent assets: | 596,800 | 585,000 | 609,700 | 608,000 | 610,000 | 625,900 | |||
| TOTAL ASSETS: | 1,425,500 | 1,446,600 | 1,440,100 | 1,439,200 | 1,405,800 | 1,417,600 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 99,500 | 102,300 | 90,900 | 107,400 | 94,000 | 87,800 | |||
| Accounts payable | 99,500 | 102,300 | 90,900 | 107,400 | 94,000 | 87,800 | |||
| Debt | 1,200 | 2,100 | 2,700 | 2,400 | 2,400 | 2,800 | |||
| Disposal group, including discontinued operation | 2,600 | ||||||||
| Other liabilities | 111,900 | 124,900 | 126,400 | 116,700 | 113,400 | 125,800 | |||
| Other undisclosed current liabilities | 7,200 | 7,600 | 8,000 | ||||||
| Total current liabilities: | 212,600 | 231,900 | 220,000 | 233,700 | 217,400 | 224,400 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 348,100 | 348,800 | 348,900 | 373,600 | 374,400 | 375,100 | |||
| Long-term debt, excluding current maturities | 348,100 | 348,900 | 348,900 | 349,000 | 348,900 | ||||
| Other undisclosed long-term debt and lease obligation | 348,800 | ||||||||
| Liabilities, other than long-term debt | 170,900 | 169,900 | 180,400 | 139,000 | 135,000 | 135,600 | |||
| Deferred income tax liabilities | 16,700 | 14,800 | 14,900 | ||||||
| Liability for uncertainty in income taxes | 41,200 | 41,100 | 41,200 | 41,100 | 41,200 | 41,000 | |||
| Liability, pension and other postretirement and postemployment benefits | 57,000 | 56,500 | 64,900 | 64,400 | 63,000 | 62,900 | |||
| Other liabilities | 72,700 | 72,300 | 74,300 | 16,800 | 16,000 | 16,800 | |||
| Operating lease, liability | 24,700 | 25,400 | 26,200 | ||||||
| Other undisclosed noncurrent liabilities | 24,100 | 24,100 | 24,100 | 23,200 | 28,400 | 28,400 | |||
| Total noncurrent liabilities: | 543,100 | 542,800 | 553,400 | 535,800 | 537,800 | 539,100 | |||
| Total liabilities: | 755,700 | 774,700 | 773,400 | 769,500 | 755,200 | 763,500 | |||
| Equity | |||||||||
| Equity, attributable to parent | 667,400 | 669,200 | 664,100 | 667,100 | 648,100 | 651,700 | |||
| Common stock | 700 | 700 | 700 | 700 | 700 | 700 | |||
| Treasury stock, value | (14,000) | (13,800) | (12,300) | (12,300) | (11,400) | (10,700) | |||
| Additional paid in capital | 84,100 | 80,200 | 72,000 | 70,200 | 65,500 | 61,900 | |||
| Accumulated other comprehensive loss | (130,900) | (129,400) | (126,000) | (113,500) | (118,500) | (110,500) | |||
| Retained earnings | 727,500 | 731,500 | 729,700 | 722,000 | 711,800 | 710,300 | |||
| Equity, attributable to noncontrolling interest | 2,400 | 2,700 | 2,600 | 2,600 | 2,500 | 2,400 | |||
| Total equity: | 669,800 | 671,900 | 666,700 | 669,700 | 650,600 | 654,100 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,425,500 | 1,446,600 | 1,440,100 | 1,439,200 | 1,405,800 | 1,417,600 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 237,300 | 244,300 | 249,600 | 253,400 | 222,800 | 242,700 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (164,300) | (164,500) | (165,100) | (160,300) | (136,300) | (144,500) | ||
| Gross profit: | 73,000 | 79,800 | 84,500 | 93,100 | 86,500 | 98,200 | ||
| Operating expenses | (66,000) | (97,400) | (65,900) | (75,600) | (83,900) | (93,700) | ||
| Other operating income (expense), net | (3,100) | 5,200 | (3,600) | |||||
| Other undisclosed operating income (loss) | (78,600) | 280,900 | (90,100) | 17,700 | 46,700 | |||
| Operating income (loss): | (74,700) | 268,500 | (75,100) | 35,200 | 2,600 | 51,200 | ||
| Interest and debt expense | (5,600) | (5,700) | (5,600) | (5,600) | (5,600) | (5,200) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (80,300) | 262,800 | (80,700) | 29,600 | (3,000) | 46,000 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 78,600 | (258,400) | 90,100 | (12,100) | 5,600 | (41,500) | ||
| Income (loss) from continuing operations before income taxes: | (1,700) | 4,400 | 9,400 | 17,500 | 2,600 | 4,500 | ||
| Income tax expense | (1,900) | (2,500) | (1,600) | (7,000) | (1,000) | (3,500) | ||
| Income (loss) from continuing operations: | (3,600) | 1,900 | 7,800 | 10,500 | 1,600 | 1,000 | ||
| Income (loss) before gain (loss) on sale of properties: | (3,900) | 1,900 | 7,700 | 10,300 | 1,600 | 1,100 | ||
| Income (loss) from discontinued operations | (300) | (100) | (200) | 100 | ||||
| Net income (loss): | (3,900) | 1,900 | 7,700 | 10,300 | 1,600 | 1,100 | ||
| Net loss attributable to noncontrolling interest | (100) | (100) | (100) | (100) | (100) | |||
| Net income (loss) available to common stockholders, diluted: | (4,000) | 1,800 | 7,700 | 10,200 | 1,500 | 1,000 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (3,900) | 1,900 | 7,700 | 10,300 | 1,600 | 1,100 | ||
| Other comprehensive income (loss) | (1,500) | (3,400) | (12,500) | 5,000 | (8,000) | 24,400 | ||
| Comprehensive income (loss): | (5,400) | (1,500) | (4,800) | 15,300 | (6,400) | 25,500 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (100) | (100) | (100) | (100) | (100) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (5,500) | (1,600) | (4,800) | 15,200 | (6,500) | 25,400 | ||
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.