W.R. Grace & Co. (GRA) Financial Statements (2024 and earlier)

Company Profile

Business Address 7500 GRACE DRIVE
COLUMBIA, MD 21044
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)

6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments290,800 268,700997,600193,200282,500
Cash and cash equivalents290,800 268,700997,600193,200282,500
Restricted cash and investments1,700 200200500400
Receivables267,100 239,800218,600258,300307,000
Inventory, net of allowances, customer advances and progress billings273,600 255,700267,100339,100309,900
Inventory273,600 255,700267,100339,100309,900
Other current assets53,200 69,200236,100245,100235,100
Total current assets:886,400 833,6001,719,6001,036,2001,134,900
Noncurrent Assets
Operating lease, right-of-use asset      34,900
Property, plant and equipment1,193,100 1,156,5001,144,4001,153,2001,143,800
Long-term investments and receivables177,400 167,400186,000182,600181,900
Long-term investments177,400 167,400186,000182,600181,900
Intangible assets, net (including goodwill)875,600 885,300888,600893,500899,700
Goodwill560,300 559,000556,800556,200556,900
Intangible assets, net (excluding goodwill)315,300 326,300331,800337,300342,800
Deferred income tax assets557,600 555,800515,300511,700 
Other noncurrent assets68,300 51,80051,10066,80054,700
Other undisclosed noncurrent assets      482,700
Total noncurrent assets:2,872,000 2,816,8002,785,4002,807,8002,797,700
TOTAL ASSETS:3,758,400 3,650,4004,505,0003,844,0003,932,600
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities262,000 210,200207,600258,600302,300
Accounts payable262,000 210,200207,600258,600302,300
Debt14,400 18,800724,30023,50023,100
Other liabilities282,700 266,200428,700414,600419,700
Total current liabilities:559,100 495,2001,360,600696,700745,100
Noncurrent Liabilities
Long-term debt and lease obligation1,974,800 1,985,6001,993,1001,954,8001,957,300
Long-term debt, excluding current maturities1,974,800 1,985,6001,993,1001,954,8001,957,300
Liabilities, other than long-term debt916,200 849,100801,700808,600828,000
Liability, pension and other postretirement and postemployment benefits592,800 532,500520,500514,800519,800
Other liabilities323,400 316,600281,200293,800308,200
Total noncurrent liabilities:2,891,000 2,834,7002,794,8002,763,4002,785,300
Total liabilities:3,450,100 3,329,9004,155,4003,460,1003,530,400
Equity
Equity, attributable to parent, including:305,000 316,500345,300377,300395,700
Treasury stock, value(915,100) (920,600)(920,800)(922,300)(892,200)
Additional paid in capital467,700 470,400468,600466,400477,900
Accumulated other comprehensive income56,300 53,90071,80080,20078,800
Retained earnings695,400 712,100725,000752,300730,500
Other undisclosed equity, attributable to parent700 700700700700
Equity, attributable to noncontrolling interest3,300 4,0004,3006,6006,500
Total equity:308,300 320,500349,600383,900402,200
Other undisclosed liabilities and equity      
TOTAL LIABILITIES AND EQUITY:3,758,400 3,650,4004,505,0003,844,0003,932,600

Income Statement (P&L) ($ in thousands)

6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
Revenues456,700(1,259,600)419,400418,700421,500504,500
Cost of revenue
(Cost of Goods and Services Sold)
(286,700) (263,000)(299,400)(261,900)(299,800)
Gross profit:170,000 156,400119,300159,600204,700
Operating expenses(92,000) (83,700)(88,600)(88,100)(91,600)
Operating income:78,000 72,70030,70071,500113,100
Nonoperating income (expense)42,100 (5,300)8,6008,800(83,800)
Gain (loss), foreign currency transaction, before tax100 (1,600)1,100900100
Net periodic defined benefits expense (reversal of expense), excluding service cost component19,300 4,0003,9003,900(84,500)
Other nonoperating income (expense)800 4,200(600)(2,000)(7,100)
Interest and debt expense   (19,800)(19,200)(18,300)(18,500)
Income from continuing operations before equity method investments, income taxes:120,100 47,60020,10062,00010,800
Income from equity method investments3,200 1,3003,4001,20013,900
Other undisclosed loss from continuing operations before income taxes(36,400) (72,400)(26,700)(5,400)(53,000)
Income (loss) from continuing operations before income taxes:86,900 (23,500)(3,200)57,800(28,300)
Income tax expense (benefit)(18,300) 30,200(6,400)(15,700)200
Income (loss) from continuing operations:68,600 6,700(9,600)42,100(28,100)
Income (loss) before gain (loss) on sale of properties:68,6006,700(9,600)42,100(28,100)
Net income (loss):68,600 6,700(9,600)42,100(28,100)
Net income (loss) attributable to noncontrolling interest(200) 3002,300(100)(200)
Net income (loss) attributable to parent:68,400 7,000(7,300)42,000(28,300)
Other undisclosed net loss available to common stockholders, basic      
Net income (loss) available to common stockholders, diluted:68,400 7,000(7,300)42,000(28,300)

Comprehensive Income ($ in thousands)

6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
Net income (loss):68,600 6,700(9,600)42,100(28,100)
Other comprehensive income (loss)27,000 (17,900)(8,400)1,400(6,500)
Comprehensive income (loss):95,600 (11,200)(18,000)43,500(34,600)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(200) 3002,300(100)(200)
Comprehensive income (loss), net of tax, attributable to parent:95,400 (10,900)(15,700)43,400(34,800)

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.

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