Aerojet Financial Statements From 2010 to 2022

AJRD
 Stock
  

USD 41.17  0.57  1.40%   

Aerojet Rocketdyne financial statements provide useful quarterly and yearly information to potential Aerojet Rocketdyne Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Aerojet Rocketdyne financial statements helps investors assess Aerojet Rocketdyne's valuation, profitability, and current liquidity needs.
There are over one hundred eight available fundamental signals for Aerojet Rocketdyne Holdings, which can be analyzed over time and compared to other ratios. Please make sure to validate all of Aerojet Rocketdyne's prevailing performance against the performance from 2010 to 2022 to make sure the company is sustainable down the road.
Aerojet Rocketdyne Average Assets are projected to increase significantly based on the last few years of reporting. The past year's Average Assets were at 2.38 Billion. The current year Earnings before Tax is expected to grow to about 210.4 M, whereas Earnings Before Interest Taxes and Depreciation Amortization EBITDA are forecasted to decline to about 241.9 M.
  
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Check Aerojet Rocketdyne financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aerojet main balance sheet or income statement drivers, such as Direct Expenses of 1.5 B, Consolidated Income of 155 M or Cost of Revenue of 1.8 B, as well as many exotic indicators such as Interest Coverage of 15.75, Long Term Debt to Equity of 0.56 or Calculated Tax Rate of 26.47. Aerojet financial statements analysis is a perfect complement when working with Aerojet Rocketdyne Valuation or Volatility modules. It can also supplement various Aerojet Rocketdyne Technical models. Please continue to the analysis of Aerojet Rocketdyne Correlation against competitors.

Aerojet Rocketdyne Revenues

2.12 Billion

Share

Aerojet Rocketdyne Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.5 B2.4 B2.1 B
Increasing
Slightly volatile
Cash and Equivalents659.8 M703.4 M505.5 M
Increasing
Slightly volatile
Investments10.9 M10.6 M15.6 M
Decreasing
Slightly volatile
Investments Current10.9 M10.6 M15.6 M
Decreasing
Slightly volatile
Deferred Revenue376.5 M366.5 M300 M
Increasing
Slightly volatile
Property Plant and Equipment Net454.8 M473.7 M363.4 M
Increasing
Slightly volatile
Inventory177.9 M212.9 M153.8 M
Increasing
Slightly volatile
Tax Assets57.1 M55.6 M152.4 M
Decreasing
Stable
Trade and Non Trade Receivables62.2 M60.6 M151.6 M
Decreasing
Slightly volatile
Trade and Non Trade Payables125.7 M132.2 M99.1 M
Increasing
Slightly volatile
Goodwill and Intangible Assets230.5 M196.3 M223 M
Increasing
Stable
Total Liabilities2.1 B1.9 BB
Increasing
Slightly volatile
Shareholders Equity564.6 M523.3 M124.2 M
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit110.7 M102.6 M(17.7 M)
Increasing
Slightly volatile
Current Assets1.2 B1.2 B933.3 M
Increasing
Slightly volatile
Assets Non Current1.3 B1.2 B1.2 B
Increasing
Slightly volatile
Current Liabilities854.5 M875.8 M685.8 M
Increasing
Slightly volatile
Liabilities Non Current1.3 BB1.3 B
Increasing
Very volatile
Tax Liabilities12.6 M13.3 M11.5 M
Increasing
Slightly volatile
Total Debt603.5 M502.6 M592.9 M
Increasing
Slightly volatile
Debt Current146.9 M166.7 M102 M
Increasing
Slightly volatile
Debt Non Current380.3 M335.9 M485 M
Decreasing
Stable
Shareholders Equity USD564.6 M523.3 M124.2 M
Increasing
Slightly volatile
Cash and Equivalents USD659.8 M703.4 M505.5 M
Increasing
Slightly volatile
Total Debt USD603.5 M502.6 M592.9 M
Increasing
Slightly volatile
Accounts Payable107 M132.2 M94.6 M
Increasing
Slightly volatile
Receivables62.2 M60.6 M170 M
Decreasing
Slightly volatile
Inventories11.8 M11.5 M80.8 M
Decreasing
Slightly volatile

Aerojet Rocketdyne Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues2.1 B2.2 B1.7 B
Increasing
Slightly volatile
Cost of Revenue1.8 B1.8 B1.4 B
Increasing
Slightly volatile
Selling General and Administrative Expense50.8 M46 M45.4 M
Increasing
Slightly volatile
Research and Development Expense28.7 M28.9 M31.6 M
Decreasing
Slightly volatile
Operating Expenses139.9 M130.9 M122.3 M
Increasing
Stable
Interest Expense25.5 M20.1 M34.4 M
Decreasing
Slightly volatile
Income Tax Expense55.4 M51.3 M16.4 M
Increasing
Slightly volatile
Net Loss Income from Discontinued Operations868.6 K805 K67.2 K
Increasing
Slightly volatile
Consolidated Income155 M143.7 M64.5 M
Increasing
Slightly volatile
Net Income155 M143.7 M64.5 M
Increasing
Slightly volatile
Net Income Common Stock155 M143.7 M64.5 M
Increasing
Slightly volatile
Weighted Average Shares80.8 M79.2 M68.5 M
Increasing
Slightly volatile
Weighted Average Shares Diluted84 M81.7 M71.5 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT176.4 M215.1 M110.7 M
Increasing
Slightly volatile
Revenues USD2.1 B2.2 B1.7 B
Increasing
Slightly volatile
Net Income Common Stock USD155 M143.7 M64.5 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USD176.4 M215.1 M110.7 M
Increasing
Slightly volatile
Gross Profit357.1 M387.9 M272.8 M
Increasing
Slightly volatile
Operating Income217.2 M257 M150.5 M
Increasing
Slightly volatile
Direct Expenses1.5 B1.8 B1.3 B
Increasing
Slightly volatile

Aerojet Rocketdyne Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals(21.1 M)(19.6 M)(107.2 M)
Increasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals(1.9 M)(1.9 M)(5.5 M)
Decreasing
Very volatile
Net Cash Flow from Financing(625.5 M)(609.5 M)(81.9 M)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (187.4 M)(182.6 M)(3.3 M)
Decreasing
Slightly volatile
Issuance Purchase of Equity Shares8.3 M7.7 M(5 M)
Increasing
Very volatile
Net Cash Flow from Investing(42.3 M)(39.2 M)(72.6 M)
Increasing
Stable
Net Cash Flow from Operations205.4 M199.6 M174.7 M
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(460.9 M)(449.1 M)20.4 M
Decreasing
Slightly volatile
Share Based Compensation19.8 M20.7 M15.5 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion65.5 M61.4 M58.5 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share1.941.80.8509
Increasing
Slightly volatile
Earnings per Diluted Share1.891.750.7753
Increasing
Slightly volatile
Earnings per Basic Share USD1.941.80.8509
Increasing
Slightly volatile
Dividends per Basic Common Share4.474.54.9211
Decreasing
Slightly volatile
Return on Average Equity0.40.3730.1051
Increasing
Slightly volatile
Return on Average Assets0.06470.060.0281
Increasing
Slightly volatile
Return on Invested Capital0.140.1750.0856
Increasing
Slightly volatile
Gross Margin0.180.1770.1557
Increasing
Slightly volatile
Profit Margin0.08190.07590.0354
Increasing
Slightly volatile
EBITDA Margin0.120.1260.0933
Increasing
Slightly volatile
Return on Sales0.08610.0980.0596
Increasing
Slightly volatile
Asset Turnover0.850.9180.8678
Decreasing
Slightly volatile
Payout Ratio2.482.52.734
Decreasing
Slightly volatile
Enterprise Value over EBITDA12.913.16114.0116
Decreasing
Stable
Enterprise Value over EBIT24.0317.034.2332
Decreasing
Slightly volatile
Price to Earnings Ratio28.0325.978(13.5893)
Increasing
Stable
Sales per Share28.7127.62624.9847
Increasing
Slightly volatile
Price to Sales Ratio1.511.6931.0624
Increasing
Slightly volatile
Price to Book Value9.217.19311.4385
Increasing
Stable
Debt to Equity Ratio3.733.63113.5139
Increasing
Very volatile
Dividend Yield0.0970.09630.1054
Decreasing
Slightly volatile
Current Ratio1.521.4021.3717
Increasing
Slightly volatile
Free Cash Flow per Share2.142.0491.8537
Increasing
Slightly volatile
Book Value per Share7.136.6071.3427
Increasing
Slightly volatile
Tangible Assets Book Value per Share30.2128.1227.1829
Increasing
Slightly volatile
Total Assets Per Share28.0630.38229.5915
Increasing
Slightly volatile
Cash Flow Per Share2.252.49192.3156
Increasing
Slightly volatile
Return on Investment29.9327.744815.8033
Increasing
Slightly volatile
Operating Margin12.6711.74597.4955
Increasing
Slightly volatile
Calculated Tax Rate26.4726.307725.0199
Increasing
Stable
Receivables Turnover34.6732.129212.7049
Increasing
Slightly volatile
Inventory Turnover19418051.6615
Increasing
Slightly volatile
PPandE Turnover5.795.18365.173
Decreasing
Stable
Cash and Equivalents Turnover2.432.36554.5814
Decreasing
Slightly volatile
Accounts Payable Turnover21.818.919219.8139
Decreasing
Stable
Accrued Expenses Turnover6.516.346613.5732
Decreasing
Slightly volatile
Interest Coverage15.7514.60235.9115
Increasing
Slightly volatile
Long Term Debt to Equity0.560.55229.2299
Decreasing
Slightly volatile
Quick Ratio0.870.8810.9633
Increasing
Stable
Net Current Assets as percentage of Total Assets12.0814.825810.2644
Increasing
Slightly volatile
Revenue to Assets0.930.89910.777
Decreasing
Very volatile

Aerojet Rocketdyne Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax210.4 M195 M80.9 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA241.9 M276.5 M169.2 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD241.9 M276.5 M169.2 M
Increasing
Slightly volatile
Market Capitalization3.1 B3.8 BB
Increasing
Slightly volatile
Enterprise Value3.2 B3.6 B2.2 B
Increasing
Slightly volatile
Invested Capital1.3 B1.2 B1.3 B
Increasing
Stable
Average Equity415.3 M384.9 M106.2 M
Increasing
Slightly volatile
Average Assets2.4 B2.4 BB
Increasing
Slightly volatile
Invested Capital Average1.4 B1.2 B1.4 B
Increasing
Slightly volatile
Tangible Asset Value2.2 B2.2 B1.9 B
Increasing
Slightly volatile
Free Cash Flow161.8 M162.3 M132.6 M
Increasing
Slightly volatile
Working Capital323.6 M352.5 M247.5 M
Increasing
Slightly volatile
Revenue Per Employee371.6 K437.6 K342.6 K
Increasing
Slightly volatile
Net Income Per Employee31 K28.7 K13.9 K
Increasing
Slightly volatile

Aerojet Fundamental Market Drivers

Forward Price Earnings18.87
Short Percent Of Float7.72%
Average Daily Volume Last 10 Day896.38k
Shares Short Prior Month4.46M
Average Daily Volume In Three Month849.82k
Date Short Interest29th of April 2022
Fifty Day Average40.22
Two Hundred Day Average41.52

Aerojet Upcoming Events

Upcoming Quarterly Report17th of February 2022
Next Financial Report25th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End17th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Aerojet Rocketdyne Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Aerojet Rocketdyne income statement, its balance sheet, and the statement of cash flows. Aerojet Rocketdyne investors use historical funamental indicators, such as Aerojet Rocketdyne's revenue or net income, to determine how well the company is positioned to perform in the future. Although Aerojet Rocketdyne investors may use each financial statement separately, they are all related. The changes in Aerojet Rocketdyne's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Aerojet Rocketdyne's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Aerojet Rocketdyne Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Aerojet Rocketdyne. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue366.5 M376.5 M
Cost of Revenue1.8 B1.8 B
Revenues2.2 B2.1 B
Revenue to Assets 0.90  0.93 
Revenue Per Employee437.6 K371.6 K
Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. Aerojet Rocketdyne Holdings, Inc. was incorporated in 1915 and is headquartered in El Segundo, California. Aerojet Rocketdyne operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 5000 people.

Aerojet Rocketdyne Investors Sentiment

The influence of Aerojet Rocketdyne's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Aerojet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Aerojet Rocketdyne's public news can be used to forecast risks associated with investment in Aerojet. The trend in average sentiment can be used to explain how an investor holding Aerojet can time the market purely based on public headlines and social activities around Aerojet Rocketdyne Holdings. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Aerojet Rocketdyne's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Aerojet Rocketdyne's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Aerojet Rocketdyne's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Aerojet Rocketdyne.

Aerojet Rocketdyne Implied Volatility

    
  23.26  
Aerojet Rocketdyne's implied volatility exposes the market's sentiment of Aerojet Rocketdyne Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Aerojet Rocketdyne's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Aerojet Rocketdyne stock will not fluctuate a lot when Aerojet Rocketdyne's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aerojet Rocketdyne in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aerojet Rocketdyne's short interest history, or implied volatility extrapolated from Aerojet Rocketdyne options trading.

Current Sentiment - AJRD

Aerojet Rocketdyne Investor Sentiment

Most of Macroaxis users are presently bullish on Aerojet Rocketdyne Holdings. What is your sentiment towards investing in Aerojet Rocketdyne Holdings? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Aerojet Rocketdyne

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aerojet Rocketdyne position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aerojet Rocketdyne will appreciate offsetting losses from the drop in the long position's value.

Aerojet Rocketdyne Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Aerojet Rocketdyne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aerojet Rocketdyne when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aerojet Rocketdyne - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aerojet Rocketdyne Holdings to buy it.
The correlation of Aerojet Rocketdyne is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aerojet Rocketdyne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aerojet Rocketdyne moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aerojet Rocketdyne can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Aerojet Rocketdyne Correlation against competitors. Note that the Aerojet Rocketdyne information on this page should be used as a complementary analysis to other Aerojet Rocketdyne's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Aerojet Rocketdyne price analysis, check to measure Aerojet Rocketdyne's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aerojet Rocketdyne is operating at the current time. Most of Aerojet Rocketdyne's value examination focuses on studying past and present price action to predict the probability of Aerojet Rocketdyne's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Aerojet Rocketdyne's price. Additionally, you may evaluate how the addition of Aerojet Rocketdyne to your portfolios can decrease your overall portfolio volatility.
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Is Aerojet Rocketdyne's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aerojet Rocketdyne. If investors know Aerojet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aerojet Rocketdyne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.51
Market Capitalization
3.3 B
Quarterly Revenue Growth YOY
0.03
Return On Assets
0.0679
Return On Equity
0.37
The market value of Aerojet Rocketdyne is measured differently than its book value, which is the value of Aerojet that is recorded on the company's balance sheet. Investors also form their own opinion of Aerojet Rocketdyne's value that differs from its market value or its book value, called intrinsic value, which is Aerojet Rocketdyne's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aerojet Rocketdyne's market value can be influenced by many factors that don't directly affect Aerojet Rocketdyne's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aerojet Rocketdyne's value and its price as these two are different measures arrived at by different means. Investors typically determine Aerojet Rocketdyne value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aerojet Rocketdyne's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.