ServiceMaster Global Holdings, Inc. (SERV) financial statements (2021 and earlier)

Company profile

Business Address 150 PEABODY PLACE
MEMPHIS, TN 38103-3720
State of Incorp.
Fiscal Year End December 31
SIC 8741 - Management Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments615280669500316320408
Cash and cash equivalents615280224475291296389
Short-term investments  44525252419
Receivables206218186570536487441
Inventory, net of allowances, customer advances and progress billings44484541434042
Inventory44484541434042
Deferred costs   36343235
Deferred tax assets    76
Other undisclosed current assets145836295695442
Total current assets:1,0106299621,2429989331,044
Noncurrent Assets
Operating lease, right-of-use asset8097
Property, plant and equipment182212201237210160136
Long-term investments and receivables455864635689114
Long-term investments14132122195788
Accounts and financing receivable, after allowance for credit loss31454341373226
Intangible assets, net (including goodwill)3,2574,0703,5443,9483,9553,8333,765
Goodwill2,1462,2791,9562,2562,2472,1292,069
Intangible assets, net (excluding goodwill)1,1111,7911,5881,6921,7081,7041,696
Deferred costs989577   34
Other noncurrent assets75738768718341
Deferred tax assets, net    (715)
Other undisclosed noncurrent assets9088888896 715
Total noncurrent assets:3,8274,6934,0614,4044,3884,1654,090
TOTAL ASSETS:4,8375,3225,0235,6465,3865,0985,134
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities299284224249242243251
Accounts payable911048911511211084
Accrued liabilities991056156605951
Employee-related liabilities102596063546482
Interest and dividends payable7161415161034
Deferred revenue102111
Debt3520 14459 39
Disposal group, including discontinued operation      9
Self insurance reserve76725811711110692
Deferred revenue and credits663629552514
Contract with customer, liability95
Other undisclosed current liabilities7670481154 
Total current liabilities:5885574251,1741,042955905
Noncurrent Liabilities
Long-term debt and lease obligation, including:8261,6681,7272,6432,7722,6983,017
Finance lease, liability60 
Capital lease obligations9091885142
Operating lease, liability96111
Other undisclosed long-term debt and lease obligation6701,5571,6372,5522,6842,6472,975
Liabilities, other than long-term debt, including:681776666662886901853
Deferred tax liabilities, net484493719687715
Deferred income tax liabilities346501
Other liabilities239164182169167213138
Other undisclosed liabilities, other than long-term debt96111   1 
Other undisclosed noncurrent liabilities      (3,016)
Total noncurrent liabilities:1,5072,4442,3933,3053,6583,599854
Total liabilities:2,0953,0012,8184,4794,7004,5541,759
Stockholders' equity
Stockholders' equity attributable to parent, including:2,7412,3222,2041,167686545359
Common stock2222222
Treasury stock, value(423)(313)(267)(267)(182)(122)(122)
Additional paid in capital2,3592,3342,3092,3212,2742,2452,207
Accumulated other comprehensive income (loss)(39)955(3)(21)(8)
Retained earnings (accumulated deficit)841291156(895)(1,405)(1,560)(1,720)
Other undisclosed stockholders' equity attributable to parent1(1)(1)1 1 
Total stockholders' equity:2,7412,3222,2041,167686545359
Other undisclosed liabilities and equity1(1)1  (1)3,016
TOTAL LIABILITIES AND EQUITY:4,8375,3225,0235,6465,3865,0985,134

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,9612,0771,9002,9122,7462,5942,457
Revenue, net2,9122,7462,5942,457
Cost of revenue
(Cost of Goods and Services Sold)
(1,155)(1,178)(1,041)(1,552)(1,448)(1,375)(1,298)
Gross profit:8068998591,3601,2981,2191,159
Operating expenses(595)(624)(598)(840)(855)(709)(778)
Other operating expense, net      (20)
Other nonrecurring (income) expense      (21)
Operating income:211275261520443510361
Nonoperating income446546 7
Investment income, nonoperating44654697
Interest and debt expense(109)(95)(143)(156)(185)(225)(284)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(65)(70)(249)2(23)(15) 
Income (loss) from continuing operations before equity method investments, income taxes:41156(126)37024127084
Income (loss) from equity method investments3   (1)  
Income (loss) from continuing operations before income taxes:44156(126)37024027084
Income tax expense (benefit)(24)(27)(37)139(85)(107)(40)
Income (loss) from continuing operations:20129(163)50915516344
Income (loss) from discontinued operations38(1)122 (1)(2) 
Net income (loss):58128(41)50915416144
Other undisclosed net income (loss) attributable to parent493  11(1)(101)
Net income (loss) available to common stockholders, diluted:551128(41)510155160(57)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):58128(41)50915416144
Other comprehensive income (loss)(47)4(3)818(13)(13)
Comprehensive income (loss):11132(44)51717214831
Other undisclosed comprehensive income (loss), net of tax, attributable to parent493  11(1)(101)
Comprehensive income (loss), net of tax, attributable to parent:504132(44)518173147(70)

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.

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