Steel Partners Holdings LP (SPLPPA) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
590 MADISON AVENUE, 32ND FLOOR NEW YORK, NY 10022 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 339 - Miscellaneous Primary Metal Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 388,124 | 428,792 | 446,668 | 577,928 | 562,149 | 353,157 | |||
| Cash and cash equivalent | 388,124 | 428,792 | 446,668 | 577,928 | 562,149 | 353,157 | |||
| Receivables | 775,756 | 682,738 | 693,217 | 711,405 | 664,781 | 682,264 | |||
| Inventory, net of allowances, customer advances and progress billings | 210,714 | 205,410 | 204,823 | 202,294 | 214,846 | 224,102 | |||
| Inventory | 210,714 | 205,410 | 204,823 | 202,294 | 214,846 | 224,102 | |||
| Other undisclosed current assets | 943,351 | 974,842 | 968,524 | 1,135,729 | 1,056,083 | 1,045,401 | |||
| Total current assets: | 2,317,945 | 2,291,782 | 2,313,232 | 2,627,356 | 2,497,859 | 2,304,924 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | |||||||||
| Operating lease, right-of-use asset | 64,983 | 68,366 | 72,507 | 76,746 | 73,916 | 75,531 | |||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 278,882 | 251,596 | 253,330 | 253,980 | 249,269 | 246,503 | |||
| Long-term investments and receivables | 314,932 | 395,636 | 406,785 | 427,297 | 514,532 | 702,571 | |||
| Long-term investments | 78,329 | 72,838 | 58,211 | 41,225 | 39,373 | 239,842 | |||
| Accounts and financing receivable, after allowance for credit loss | 236,603 | 322,798 | 348,574 | 386,072 | 475,159 | 462,729 | |||
| Intangible asset, including goodwill, after accumulated amortization | 247,513 | 254,417 | 258,618 | 263,015 | 266,975 | 271,374 | |||
| Goodwill | 145,958 | 148,797 | 148,791 | 148,838 | 148,629 | 148,027 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 101,555 | 105,620 | 109,827 | 114,177 | 118,346 | 123,347 | |||
| Deferred income tax assets | 81,397 | 80,458 | |||||||
| Other noncurrent assets | 328,423 | 332,461 | 336,487 | 342,046 | 348,678 | 165,980 | |||
| Other undisclosed noncurrent assets | |||||||||
| Total noncurrent assets: | 1,316,130 | 1,382,934 | 1,327,727 | 1,363,084 | 1,453,370 | 1,461,959 | |||
| TOTAL ASSETS: | 3,634,075 | 3,674,716 | 3,640,959 | 3,990,440 | 3,951,229 | 3,766,883 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 253,511 | 249,351 | 241,069 | 249,865 | 269,865 | 272,014 | |||
| Accounts payable | 154,643 | 151,667 | 142,886 | 131,922 | 131,886 | 135,932 | |||
| Accrued liabilities | 98,868 | 97,684 | 98,183 | 117,943 | 137,979 | 136,082 | |||
| Deferred revenue | 6,073 | 7,017 | 7,243 | 7,388 | 6,218 | 7,056 | |||
| Debt | 67 | 67 | 71 | 2,153 | 262 | 350 | |||
| Other liabilities | 91,589 | 95,490 | 97,672 | 95,435 | 90,012 | ||||
| Other undisclosed current liabilities | 1,469,341 | 1,468,891 | 1,518,893 | 1,805,726 | 1,716,036 | 1,605,966 | |||
| Total current liabilities: | 1,820,581 | 1,820,816 | 1,864,948 | 2,065,132 | 2,087,816 | 1,975,398 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 120,104 | 78,621 | 92,738 | 193,935 | 186,922 | 184,788 | |||
| Long-term debt, excluding current maturities | 120,104 | 78,621 | 92,738 | 191,304 | 186,922 | 184,788 | |||
| Finance lease, liability | 2,631 | ||||||||
| Liabilities, other than long-term debt | 348,869 | 339,511 | 336,018 | 343,424 | 343,978 | 360,291 | |||
| Deferred income tax liabilities | 35,073 | 26,314 | 18,994 | 18,353 | 5,973 | 15,956 | |||
| Liability, pension and other postretirement and postemployment benefits | 43,198 | 42,523 | 44,353 | 46,195 | 83,694 | 90,053 | |||
| Financial instruments subject to mandatory redemption, settlement terms, share value, amount | 155,065 | 154,401 | 153,743 | 154,925 | 154,250 | 153,576 | |||
| Other liabilities | 63,439 | 61,241 | 60,621 | 62,161 | 39,876 | 38,970 | |||
| Operating lease, liability | 52,094 | 55,032 | 58,307 | 61,790 | 60,185 | 61,736 | |||
| Other undisclosed noncurrent liabilities | 260,848 | 322,036 | 346,045 | 382,541 | 397,541 | 330,524 | |||
| Total noncurrent liabilities: | 729,821 | 740,168 | 774,801 | 919,900 | 928,441 | 875,603 | |||
| Total liabilities: | 2,550,402 | 2,560,984 | 2,639,749 | 2,985,032 | 3,016,257 | 2,851,001 | |||
| Equity | |||||||||
| Equity, attributable to parent | (121,147) | (122,937) | (122,333) | (121,223) | (152,911) | (150,956) | |||
| Accumulated other comprehensive loss | (121,147) | (122,937) | (122,333) | (121,223) | (152,911) | (150,956) | |||
| Other undisclosed equity | 1,204,820 | 1,236,669 | 1,123,543 | 1,126,631 | 1,087,883 | 1,066,838 | |||
| Total equity: | 1,083,673 | 1,113,732 | 1,001,210 | 1,005,408 | 934,972 | 915,882 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,634,075 | 3,674,716 | 3,640,959 | 3,990,440 | 3,951,229 | 3,766,883 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 520,423 | 533,159 | 476,346 | 466,907 | 492,254 | 500,925 | ||
| Cost of revenue | (329,486) | (327,505) | (298,119) | (298,057) | (342,625) | (316,110) | ||
| Cost of product and service sold | (295,577) | (303,196) | (274,156) | (269,040) | (283,285) | (289,399) | ||
| Provision for loan, lease, and other losses | 47,979 | (36,969) | (3,204) | |||||
| Gross profit: | 190,937 | 205,654 | 178,227 | 168,850 | 149,629 | 184,815 | ||
| Operating expenses | (137,840) | (139,699) | (135,292) | (129,186) | (124,934) | (136,693) | ||
| Other operating income (expense), net | (123) | 1,797 | 815 | 2,309 | 801 | 3,829 | ||
| Operating income: | 52,974 | 67,752 | 43,750 | 41,973 | 25,496 | 51,951 | ||
| Interest and debt expense | (1,394) | (2,466) | (4,115) | (5,833) | ||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 123 | (1,797) | 3,313 | 157 | 8,665 | 2,004 | ||
| Income from continuing operations before equity method investments, income taxes: | 53,097 | 65,955 | 45,669 | 39,664 | 30,046 | 48,122 | ||
| Income (loss) from equity method investments | (7) | 3,066 | (3,140) | (4,837) | ||||
| Other undisclosed income (loss) from continuing operations before income taxes | 1,993 | 1,687 | 1,394 | (7,056) | 4,115 | 5,833 | ||
| Income from continuing operations before income taxes: | 55,090 | 67,642 | 47,056 | 35,674 | 31,021 | 49,118 | ||
| Income tax expense (benefit) | (16,224) | 58,991 | (10,861) | (33) | 981 | 15,330 | ||
| Other undisclosed income (loss) from continuing operations | (1,993) | (1,687) | (1,394) | 7,056 | (4,115) | (5,833) | ||
| Net income: | 36,873 | 124,946 | 34,801 | 42,697 | 27,887 | 58,615 | ||
| Other undisclosed net income (loss) attributable to parent | (457) | (8,608) | (570) | (1,436) | (2,315) | 535 | ||
| Net income available to common stockholders, basic: | 36,416 | 116,338 | 34,231 | 41,261 | 25,572 | 59,150 | ||
| Dilutive securities, effect on basic earnings per share | 3,044 | 3,037 | 3,101 | 3,083 | 3,083 | 3,076 | ||
| Net income available to common stockholders, diluted: | 39,460 | 119,375 | 37,332 | 44,344 | 28,655 | 62,226 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 36,873 | 124,946 | 34,801 | 42,697 | 27,887 | 58,615 | ||
| Other comprehensive income (loss) | 1,790 | (604) | (1,110) | 31,688 | (1,955) | (175) | ||
| Comprehensive income: | 38,663 | 124,342 | 33,691 | 74,385 | 25,932 | 58,440 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (457) | (8,608) | (570) | (1,436) | (2,315) | 535 | ||
| Comprehensive income, net of tax, attributable to parent: | 38,206 | 115,734 | 33,121 | 72,949 | 23,617 | 58,975 | ||
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.