TTEC Holdings, Inc. (TTEC) Financial Statements (2024 and earlier)

Company Profile

Business Address 6312 S. FIDDLER'S GREEN CIRCLE
GREENWOOD VILLAGE, CO 80111
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7363 - Help Supply Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments153158133827874
Cash and cash equivalents153158133827874
Receivables100987152360397
Contract with customer, asset, after allowance for credit loss4349262624✕
Deferred costs      14
Disposal group, including discontinued operation      8
Other undisclosed current assets4543934273896550
Total current assets:750698657550526543
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization   13 ✕✕
Operating lease, right-of-use asset9290121151✕✕
Nontrade receivables      
Property, plant and equipment    177162163
Intangible assets, net (including goodwill)1,042952588417286299
Goodwill808739364302205207
Intangible assets, net (excluding goodwill)2342122241168192
Contract with customer, asset, after allowance for credit loss   18  ✕
Deferred income tax assets19111513✕✕
Other noncurrent assets687769696562
Other undisclosed noncurrent assets18316836 1612
Total noncurrent assets:1,4041,299860827528536
TOTAL ASSETS:2,1541,9971,5161,3771,0551,079
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities128300306269171157
Taxes payable✕✕92011127
Employee-related liabilities✕✕1561641148384
Accounts payable947067645946
Accrued liabilities346356791619
Deferred revenue88964039✕✕
Debt23645  
Disposal group, including discontinued operation      1
Deferred revenue and credits✕✕✕✕✕✕22
Contract with customer, liability✕✕✕✕✕45✕
Other liabilities857101922
Other undisclosed current liabilities1854137   
Total current liabilities:411444396363235202
Noncurrent Liabilities
Long-term debt and lease obligation960855483417282344
Long-term debt, excluding current maturities960791385290282344
Liabilities, other than long-term debt149103126115184170
Deferred revenue and credits✕✕✕✕✕✕16
Accounts payable and accrued liabilities 91722253148
Deferred rent credit     17✕
Deferred tax liabilities, net✕✕✕✕✕1011
Deferred income tax liabilities45811✕✕
Other liabilities6680968012795
Operating lease, liability706498127✕✕
Total noncurrent liabilities:1,109958610533466514
Total liabilities:1,5201,4021,006896702716
Temporary equity, carrying amount 56565349  
Equity
Equity, attributable to parent559522444418345355
Treasury stock, value(593)(597)(601)(605)(610)(616)
Additional paid in capital368361360356354352
Accumulated other comprehensive loss(126)(98)(72)(106)(125)(102)
Retained earnings911856757773726722
Equity, attributable to noncontrolling interest1816131387
Other undisclosed equity000000
Total equity:578538458432353363
TOTAL LIABILITIES AND EQUITY:2,1541,9971,5161,3771,0551,079

Income Statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues2,4442,2731,9491,6441,5091,477
Revenue, net✕✕✕✕✕✕1,477
Cost of revenue(1,857)(1,704)(1,453)(1,243)(1,154)(1,107)
Cost of goods and services sold(1,857)(1,704)(1,453)(1,243)  
Gross profit:587569497401355371
Operating expenses(419)(352)(292)(277)(263)(270)
Operating income:16921720512492100
Nonoperating expense(24)(9)(34)(13)(36)(12)
Investment income, nonoperating212243
Other nonoperating income (expense)102(19)4(12)2
Interest and debt expense(36)(12)(17)(19)(29)(14)
Income (loss) from continuing operations before equity method investments, income taxes:108196153912875
Other undisclosed income from continuing operations before income taxes361217192914
Income from continuing operations before income taxes:1442081701105689
Income tax expense(27)(50)(41)(26)(16)(78)
Income from continuing operations:117158129854011
Income before gain (loss) on sale of properties:✕✕158129854011
Net income:117158129854011
Net loss attributable to noncontrolling interest(14)(17)(11)(8)(4)(4)
Net income available to common stockholders, diluted:10314111977367

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:117158129854011
Other comprehensive income (loss)(28)(26)3418(23)25
Comprehensive income:891321641031736
Comprehensive loss, net of tax, attributable to noncontrolling interest(13)(12)(8)(8)(4)(4)
Comprehensive income, net of tax, attributable to parent:76120155961432

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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