REV Group, Inc. (REVG) financial statements (2021 and earlier)
Company profile
| Business Address |
245 SOUTH EXECUTIVE DRIVE BROOKFIELD, WI 53005 |
| State of Incorp. | DE |
| Fiscal Year End | October 31 |
| SIC | 3711 - Motor Vehicles and Passenger Car Bodies (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 1/31/2021 TTM | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 9 | 11 | 3 | 12 | 18 | ||
| Cash and cash equivalents | 9 | 11 | 3 | 12 | 18 | ||
| Receivables | 208 | 229 | 254 | 267 | 243 | ||
| Inventory, net of allowances, customer advances and progress billings | 533 | 537 | 513 | 514 | 452 | ||
| Inventory | 533 | 537 | 513 | 514 | 452 | ||
| Disposal group, including discontinued operation | 10 | 20 | 26 | ||||
| Other current assets | 18 | 34 | 19 | 24 | 13 | ||
| Total current assets: | 777 | 812 | 809 | 843 | 727 | ||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 20 | 23 | ✕ | ✕ | |||
| Property, plant and equipment | 156 | 168 | 202 | 214 | 217 | ||
| Intangible assets, net (including goodwill) | 291 | 293 | 320 | 336 | 301 | ||
| Goodwill | 157 | 157 | 160 | 162 | 133 | ||
| Intangible assets, net (excluding goodwill) | 134 | 136 | 160 | 175 | 168 | ||
| Other noncurrent assets | 15 | 15 | 17 | 14 | 9 | ||
| Total noncurrent assets: | 482 | 500 | 538 | 565 | 528 | ||
| TOTAL ASSETS: | 1,259 | 1,312 | 1,347 | 1,408 | 1,254 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 151 | 194 | 217 | 237 | 243 | ||
| Accounts payable | 129 | 170 | 201 | 218 | 217 | ||
| Accrued liabilities | 22 | 24 | 16 | 19 | 26 | ||
| Deferred revenue | 168 | 170 | 130 | ✕ | ✕ | ||
| Debt | 2 | 2 | 4 | 1 | 1 | ||
| Disposal group, including discontinued operation | 9 | 15 | 6 | ||||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 96 | ||
| Other liabilities | 66 | 74 | 70 | 56 | 70 | ||
| Other undisclosed current liabilities | 8 | 8 | 118 | ||||
| Total current liabilities: | 403 | 447 | 436 | 417 | 410 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 344 | 357 | 377 | 421 | 229 | ||
| Long-term debt, excluding current maturities | 330 | 341 | 377 | 421 | 229 | ||
| Operating lease, liability | 14 | 17 | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 37 | 35 | 20 | 38 | 43 | ||
| Accounts payable and accrued liabilities | 7 | ||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 20 | 23 | ||
| Deferred income tax liabilities | 4 | 3 | ✕ | ✕ | |||
| Other liabilities | 33 | 32 | 14 | 18 | 20 | ||
| Other undisclosed noncurrent liabilities | 9 | ||||||
| Total noncurrent liabilities: | 381 | 393 | 406 | 459 | 272 | ||
| Total liabilities: | 784 | 840 | 842 | 876 | 682 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | 475 | 472 | 505 | 531 | 572 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 499 | 496 | 491 | 492 | 532 | ||
| Accumulated other comprehensive income (loss) | (3) | (3) | (2) | (1) | 0 | ||
| Retained earnings (accumulated deficit) | (21) | (21) | 16 | 41 | 40 | ||
| Stockholders' equity attributable to noncontrolling interest | 0 | 1 | |||||
| Total stockholders' equity: | 475 | 472 | 505 | 532 | 572 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,259 | 1,312 | 1,347 | 1,408 | 1,254 | ||
Income statement (P&L) ($ in millions)
| 1/31/2021 TTM | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | ||
|---|---|---|---|---|---|---|
| Revenues | 2,300 | 2,278 | 2,404 | 2,381 | 2,268 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 2,268 | |
| Cost of revenue | (2,057) | (2,050) | (2,152) | (2,103) | (1,973) | |
| Gross profit: | 242 | 228 | 252 | 278 | 295 | |
| Operating expenses | (246) | (246) | (236) | (250) | (212) | |
| Operating income (loss): | (4) | (18) | 16 | 28 | 83 | |
| Nonoperating income (Investment Income, Nonoperating) | 9 | 9 | ||||
| Interest and debt expense | (24) | (26) | (33) | (26) | (33) | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (11) | (11) | ||||
| Income (loss) from continuing operations before income taxes: | (30) | (46) | (17) | 2 | 50 | |
| Income tax expense (benefit) | 12 | 16 | 4 | 11 | (19) | |
| Net income (loss): | (19) | (31) | (13) | 13 | 31 | |
| Net income attributable to noncontrolling interest | 1 | |||||
| Net income (loss) attributable to parent: | (19) | (31) | (12) | 13 | 31 | |
| Preferred stock dividends and other adjustments | (13) | |||||
| Net income (loss) available to common stockholders, diluted: | (19) | (31) | (12) | 13 | 18 | |
Comprehensive Income ($ in millions)
| 1/31/2021 TTM | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (19) | (31) | (13) | 13 | 31 | |
| Comprehensive income (loss): | (19) | (31) | (13) | 13 | 31 | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1 | |||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (1) | (1) | (0) | (1) | (0) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (20) | (32) | (13) | 12 | 31 | |
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.