Balance Sheet Intertek Group plc

Equities

ITRK

GB0031638363

Business Support Services

Market Closed - London S.E. Other stock markets 11:35:22 2026-02-13 am EST			5-day change	1st Jan Change
4,450.00 ^GBX	+0.82%		-0.63%	-3.80%

Feb. 11	VEGOILS-Palm falls on weaker Dalian palm olein futures, ringgit strength	RE
Jan. 14	Davy raises IAG, cuts Jet2; RBC cuts Reckitt	AN

682611ae73d0bae17832.M2tHCUl9nh57kjuaeF1GDUNo9pMEpYsl3fFBQuJvX0s.ZhoQbx0y8mwJ8QjvSg8sQwUwr8c34OZ9jJB2KrIhECZsIR1wfjfHbQHjWA

Published financial data: INTERTEK GROUP PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2.74B	2.79B	3.19B	3.33B	3.39B
Total Revenues	2.74B	2.79B	3.19B	3.33B	3.39B
Cost of Goods Sold, Total	1.2B	1.23B	1.36B	1.42B	1.47B
Gross Profit	1.54B	1.56B	1.83B	1.91B	1.92B
Provision for Bad Debts	-	-	-	2.3M	3.2M
Depreciation & Amortization - (IS)	174M	169M	180M	175M	162M
Other Operating Expenses	969M	941M	1.17B	1.22B	1.2B
Other Operating Expenses, Total	1.14B	1.11B	1.35B	1.39B	1.37B
Operating Income	399M	444M	485M	518M	555M
Interest Expense, Total	-28.9M	-26.7M	-39.8M	-44.4M	-41.3M
Interest And Investment Income	1.1M	1.5M	2.2M	3.8M	2.5M
Net Interest Expenses	-27.8M	-25.2M	-37.6M	-40.6M	-38.8M
Currency Exchange Gains (Loss)	-5.6M	2.3M	8.6M	-2.5M	-2.4M
Other Non Operating Income (Expenses)	-1.3M	-5.4M	-3M	-1.8M	-2.1M
EBT, Excl. Unusual Items	365M	416M	453M	473M	512M
Restructuring Charges	-19M	-	-27.4M	-22.4M	-15.8M
Merger & Related Restructuring Charges	-2.4M	-11.4M	-5.5M	-8.3M	-2.5M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	600K	8.6M	-700K	-20M	-3.4M
EBT, Incl. Unusual Items	344M	413M	420M	422M	490M
Income Tax Expense	81.3M	107M	113M	104M	123M
Earnings From Continuing Operations	263M	307M	307M	318M	367M
Net Income to Company	263M	307M	307M	318M	367M
Minority Interest	-15.3M	-18.6M	-18M	-20.7M	-21.8M
Net Income - (IS)	247M	288M	289M	297M	345M
Net Income to Common Incl Extra Items	247M	288M	289M	297M	345M
Net Income to Common Excl. Extra Items	247M	288M	289M	297M	345M
Per Share Items
Net EPS - Basic	1.54	1.79	1.79	1.84	2.14
Basic EPS - Continuing Operations	1.54	1.79	1.79	1.84	2.14
Basic Weighted Average Shares Outstanding	161M	161M	161M	161M	161M
Net EPS - Diluted	1.52	1.78	1.78	1.83	2.13
Diluted EPS - Continuing Operations	1.52	1.78	1.78	1.83	2.13
Diluted Weighted Average Shares Outstanding	162M	162M	162M	162M	162M
Normalized Basic EPS	1.32	1.5	1.65	1.7	1.85
Normalized Diluted EPS	1.31	1.49	1.64	1.69	1.84
Dividend Per Share	1.06	1.06	1.06	1.12	1.56
Payout Ratio	68.9	59.22	59.07	59.28	59.67
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	584M	624M	680M	708M	732M
EBITA	428M	474M	520M	552M	587M
EBIT	399M	444M	485M	518M	555M
EBITDAR	604M	641M	700M	729M	755M
Effective Tax Rate - (Ratio)	23.64	25.81	26.92	24.67	25.06
Total Current Taxes	91.1M	114M	111M	116M	128M
Total Deferred Taxes	-9.8M	-7.3M	2.3M	-11.8M	-5M
Normalized Net Income	213M	242M	265M	275M	298M
Interest on Long-Term Debt	8.3M	9M	10.2M	10.8M	10.8M
Non-Cash Pension Expense	600K	500K	300K	-600K	-600K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	28M	27.1M	37.6M	38.7M	42.6M
Net Rental Expense, Total	20.3M	16.6M	19.7M	21.3M	23.2M
Imputed Operating Lease Interest Expense	4.81M	3.31M	4.69M	5.82M	6.5M
Imputed Operating Lease Depreciation	15.49M	13.29M	15.01M	15.48M	16.7M
Stock-Based Comp., COGS (Total)	17.7M	18.6M	17.5M	21.2M	24.4M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	17.7M	18.6M	17.5M	21.2M	24.4M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	204M	266M	322M	299M	343M
Total Cash And Short Term Investments	204M	266M	322M	299M	343M
Accounts Receivable, Total	529M	559M	620M	620M	634M
Other Receivables	78.2M	78.5M	91.3M	82M	103M
Total Receivables	607M	638M	711M	702M	737M
Inventory	15.5M	14.9M	16.9M	17.2M	19M
Prepaid Expenses	38.8M	45M	47.4M	53.2M	60.4M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	865M	963M	1.1B	1.07B	1.16B
Gross Property Plant And Equipment	1.69B	1.75B	1.94B	1.91B	1.96B
Accumulated Depreciation	-1.1B	-1.11B	-1.25B	-1.24B	-1.27B
Net Property Plant And Equipment	586M	642M	694M	670M	693M
Long-term Investments	-	-	-	-	-
Goodwill	836M	1.24B	1.42B	1.39B	1.37B
Other Intangibles, Total	280M	358M	363M	331M	304M
Accounts Receivable Long-Term	-	-	13.1M	13.9M	7.5M
Deferred Tax Assets Long-Term	48.6M	39.3M	45M	36.4M	34.5M
Other Long-Term Assets, Total	-	5.4M	29.7M	29.7M	35.1M
Total Assets	2.62B	3.25B	3.66B	3.54B	3.6B
Liabilities
Accounts Payable, Total	142M	153M	172M	205M	223M
Accrued Expenses, Total	248M	296M	308M	306M	319M
Short-term Borrowings	20.5M	1.9M	900K	700K	6.5M
Current Portion of Long-Term Debt	10.5M	460M	262M	96.8M	94.8M
Current Portion of Leases	61.4M	63.5M	70.6M	69.9M	70.1M
Current Income Taxes Payable	53.8M	59.1M	71M	60.5M	67.2M
Unearned Revenue Current, Total	103M	135M	157M	148M	137M
Other Current Liabilities	112M	96.6M	102M	94.8M	133M
Total Current Liabilities	751M	1.27B	1.14B	982M	1.05B
Long-Term Debt	593M	537M	797M	812M	742M
Long-Term Leases	163M	229M	252M	238M	230M
Unearned Revenue Non Current	2.6M	6.1M	6.6M	6.4M	22M
Pension & Other Post Retirement Benefits	12.1M	4M	2.2M	4.8M	5.2M
Deferred Tax Liability Non Current	59.7M	67.4M	99.2M	75.3M	69.9M
Other Non Current Liabilities	30.9M	26.3M	42.6M	59.5M	36.2M
Total Liabilities	1.61B	2.14B	2.34B	2.18B	2.15B
Common Stock, Total	1.6M	1.6M	1.6M	1.6M	1.6M
Additional Paid In Capital	258M	258M	258M	258M	258M
Retained Earnings	796M	925M	1.07B	1.19B	1.33B
Comprehensive Income and Other	-80.8M	-102M	-41.3M	-128M	-191M
Total Common Equity	975M	1.08B	1.28B	1.32B	1.4B
Minority Interest	28M	32.3M	34M	36.7M	43M
Total Equity	1B	1.11B	1.32B	1.36B	1.44B
Total Liabilities And Equity	2.62B	3.25B	3.66B	3.54B	3.6B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	161M	161M	161M	161M	161M
ECS Total Common Shares Outstanding	161M	161M	161M	161M	161M
Book Value / Share	6.05	6.72	7.96	8.21	8.71
Tangible Book Value	-141M	-518M	-497M	-393M	-268M
Tangible Book Value Per Share	-0.87	-3.21	-3.08	-2.44	-1.67
Total Debt	848M	1.29B	1.38B	1.22B	1.14B
Net Debt	644M	1.03B	1.06B	918M	799M
Debt Equivalent of Unfunded Proj. Benefit Obligation	12.1M	-1.4M	-19.1M	-17M	-22M
Debt Equivalent Oper. Leases	162M	133M	158M	170M	186M
Minority Interest, Total (Incl. Fin. Div)	28M	32.3M	34M	36.7M	43M
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	514M	577M	645M	634M	658M
Machinery, Total	1.15B	1.15B	1.27B	1.23B	1.25B
Full Time Employees	43.77K	44.06K	43.6K	43.91K	45K
Accumulated Allowance for Doubtful Accounts (Supple)	18.9M	13.8M	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	247M	288M	289M	297M	345M
Depreciation & Amortization - CF	157M	151M	160M	156M	144M
Amortization of Goodwill and Intangible Assets - (CF)	28.1M	29.3M	34.8M	34.2M	32.3M
Depreciation & Amortization, Total	185M	180M	195M	190M	177M
Amortization of Deferred Charges, Total - (CF)	17.4M	18.7M	20.3M	19.3M	17.3M
(Gain) Loss From Sale Of Asset	-900K	100K	-400K	-3.2M	-3.9M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	15.3M	2.6M	6.9M
Stock-Based Compensation (CF)	17.7M	18.6M	17.5M	21.2M	24.4M
Other Operating Activities, Total	4.5M	16.1M	19.4M	-2.1M	11.6M
Change In Accounts Receivable	52.9M	-29.2M	-54.3M	-41.2M	-45.6M
Change In Inventories	3.5M	600K	-800K	-1.2M	-2.2M
Change In Accounts Payable	36.8M	62M	61.1M	47.7M	69.8M
Change in Other Net Operating Assets	-5.1M	-4.7M	-2M	4.3M	-3.3M
Cash from Operations	559M	550M	560M	535M	597M
Capital Expenditure	-79.8M	-97.1M	-116M	-117M	-135M
Sale of Property, Plant, and Equipment	7.6M	1M	4.2M	11.5M	5M
Cash Acquisitions	-500K	-492M	-63.2M	-43.2M	-14.9M
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	1.1M	1.5M	2.2M	3.5M	2.7M
Cash from Investing	-71.6M	-586M	-173M	-145M	-142M
Long-Term Debt Issued, Total	280M	471M	477M	160M	24.7M
Total Debt Issued	280M	471M	477M	160M	24.7M
Long-Term Debt Repaid, Total	-579M	-143M	-618M	-327M	-173M
Total Debt Repaid	-579M	-143M	-618M	-327M	-173M
Repurchase of Common Stock	-20.7M	-18.1M	-6.7M	-17.2M	-32.1M
Common Dividends Paid	-170M	-171M	-171M	-176M	-206M
Common & Preferred Stock Dividends Paid	-170M	-171M	-171M	-176M	-206M
Other Financing Activities, Total	-18.6M	-17M	-16.6M	-15.8M	-16.1M
Cash from Financing	-509M	123M	-335M	-376M	-402M
Foreign Exchange Rate Adjustments	-7.9M	-6M	5M	-35.8M	-14.6M
Net Change in Cash	-29.6M	80.6M	56.7M	-22.1M	37.9M
Supplemental Items
Cash Interest Paid	34.8M	27M	37.5M	71.9M	52.2M
Cash Income Tax Paid (Refund)	91.6M	102M	107M	119M	126M
Levered Free Cash Flow	502M	426M	387M	417M	425M
Unlevered Free Cash Flow	521M	443M	412M	444M	451M
Change In Net Working Capital	-131M	-45.1M	7.9M	-7M	-20.6M
Net Debt Issued / Repaid	-299M	328M	-141M	-167M	-148M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	9.19	9.47	8.78	8.99	9.72
Return on Total Capital	12.67	13.05	11.88	12.27	13.43
Return On Equity %	26.41	28.97	25.23	23.76	26.18
Return on Common Equity	25.61	28.01	24.41	22.81	25.35
Margin Analysis
Gross Profit Margin %	56.26	55.81	57.35	57.45	56.68
EBITDA Margin %	21.3	22.41	21.31	21.27	21.56
EBITA Margin %	15.59	17	16.29	16.59	17.31
EBIT Margin %	14.57	15.95	15.2	15.56	16.36
Income From Continuing Operations Margin %	9.58	11.01	9.61	9.56	10.82
Net Income Margin %	9.02	10.34	9.04	8.93	10.18
Net Avail. For Common Margin %	9.02	10.34	9.04	8.93	10.18
Normalized Net Income Margin	7.76	8.67	8.31	8.26	8.78
Levered Free Cash Flow Margin	18.33	15.3	12.12	12.52	12.53
Unlevered Free Cash Flow Margin	18.99	15.9	12.9	13.35	13.29
Asset Turnover
Asset Turnover	1.01	0.95	0.92	0.92	0.95
Fixed Assets Turnover	4.46	4.54	4.78	4.88	4.98
Receivables Turnover (Average Receivables)	4.92	5.12	5.42	5.37	5.41
Inventory Turnover (Average Inventory)	69.12	81.01	85.64	83.06	81.21
Short Term Liquidity
Current Ratio	1.15	0.76	0.96	1.09	1.1
Quick Ratio	1.08	0.71	0.9	1.02	1.03
Operating Cash Flow to Current Liabilities	0.74	0.43	0.49	0.55	0.57
Days Sales Outstanding (Average Receivables)	74.32	71.24	67.37	67.96	67.64
Days Outstanding Inventory (Average Inventory)	5.29	4.51	4.26	4.39	4.51
Average Days Payable Outstanding	46.81	43.8	43.56	48.56	53.2
Cash Conversion Cycle (Average Days)	32.8	31.94	28.07	23.79	18.95
Long Term Solvency
Total Debt/Equity	84.55	115.9	104.83	89.53	79.06
Total Debt / Total Capital	45.81	53.68	51.18	47.24	44.15
LT Debt/Equity	75.33	68.74	79.57	77.22	67.2
Long-Term Debt / Total Capital	40.82	31.84	38.84	40.74	37.53
Total Liabilities / Total Assets	61.65	65.71	63.99	61.56	59.86
EBIT / Interest Expense	13.82	16.65	12.2	11.66	13.44
EBITDA / Interest Expense	20.21	23.39	17.1	15.95	17.72
(EBITDA - Capex) / Interest Expense	17.45	19.75	14.17	13.32	14.45
Total Debt / EBITDA	1.45	2.07	2.03	1.72	1.56
Net Debt / EBITDA	1.1	1.64	1.56	1.3	1.09
Total Debt / (EBITDA - Capex)	1.68	2.45	2.45	2.06	1.91
Net Debt / (EBITDA - Capex)	1.28	1.95	1.88	1.55	1.34
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-8.21	1.63	14.59	4.25	1.94
Gross Profit, 1 Yr. Growth %	-8.33	0.81	17.76	3.9	0.56
EBITDA, 1 Yr. Growth %	-14.25	6.9	8.97	4.07	3.33
EBITA, 1 Yr. Growth %	-18.57	10.83	9.79	6.13	6.38
EBIT, 1 Yr. Growth %	-19.46	11.29	9.2	6.7	7.16
Earnings From Cont. Operations, 1 Yr. Growth %	-21.28	16.79	0.03	3.68	15.44
Net Income, 1 Yr. Growth %	-21.02	16.5	0.24	2.98	16.14
Normalized Net Income, 1 Yr. Growth %	-19.74	13.59	9.87	3.6	8.4
Diluted EPS Before Extra, 1 Yr. Growth %	-20.87	16.73	0.28	2.8	15.98
Accounts Receivable, 1 Yr. Growth %	-9.58	5.73	10.84	0.05	2.31
Inventory, 1 Yr. Growth %	-19.27	-3.87	13.42	1.78	10.47
Net Property, Plant and Equip., 1 Yr. Growth %	-9.07	9.56	8.2	-3.57	3.46
Total Assets, 1 Yr. Growth %	-7.21	24.27	12.64	-3.34	1.74
Tangible Book Value, 1 Yr. Growth %	-31.85	268.35	-3.98	-20.91	-31.81
Common Equity, 1 Yr. Growth %	2	10.97	18.67	3.07	5.93
Cash From Operations, 1 Yr. Growth %	-0.71	-1.54	1.76	-4.45	11.61
Capital Expenditures, 1 Yr. Growth %	-31.68	21.68	19.98	0.34	15.48
Levered Free Cash Flow, 1 Yr. Growth %	32.87	-15.15	-9.25	7.71	2
Unlevered Free Cash Flow, 1 Yr. Growth %	30.02	-14.89	-7.05	7.94	1.44
Dividend Per Share, 1 Yr. Growth %	0	0	0	5.58	40.11
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1.07	-3.42	7.92	9.3	3.09
Gross Profit, 2 Yr. CAGR %	-0.62	-3.87	8.96	10.9	2.22
EBITDA, 2 Yr. CAGR %	2.25	-4.26	7.93	6.49	3.7
EBITA, 2 Yr. CAGR %	-5.87	-5	10.31	7.95	6.25
EBIT, 2 Yr. CAGR %	-6.61	-5.32	10.24	7.94	6.93
Earnings From Cont. Operations, 2 Yr. CAGR %	-7.24	-4.12	8.09	1.84	9.4
Net Income, 2 Yr. CAGR %	-6.75	-4.08	8.07	1.6	9.36
Normalized Net Income, 2 Yr. CAGR %	-7.74	-4.52	11.71	6.69	5.97
Diluted EPS Before Extra, 2 Yr. CAGR %	-6.6	-3.89	8.19	1.53	9.19
Accounts Receivable, 2 Yr. CAGR %	-4.93	-2.22	8.26	5.31	1.17
Inventory, 2 Yr. CAGR %	-7.97	-11.91	4.42	7.44	6.03
Net Property, Plant and Equip., 2 Yr. CAGR %	15.23	-0.19	8.88	2.14	-0.12
Total Assets, 2 Yr. CAGR %	-0.35	7.38	18.31	4.34	-0.84
Tangible Book Value, 2 Yr. CAGR %	-34.77	58.44	88.07	-12.86	-26.56
Common Equity, 2 Yr. CAGR %	5.62	6.39	14.76	10.59	4.49
Cash From Operations, 2 Yr. CAGR %	10.4	-1.13	0.1	-1.39	3.27
Capital Expenditures, 2 Yr. CAGR %	-5.2	-8.82	20.83	9.72	7.65
Levered Free Cash Flow, 2 Yr. CAGR %	25.5	6.18	-12.25	-1.13	4.82
Unlevered Free Cash Flow, 2 Yr. CAGR %	24.58	5.19	-11.06	0.17	4.64
Dividend Per Share, 2 Yr. CAGR %	3.33	0	0	2.75	21.62
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.33	-0.18	2.25	6.68	6.79
Gross Profit, 3 Yr. CAGR %	-0.11	-0.15	2.86	7.43	7.34
EBITDA, 3 Yr. CAGR %	2.05	3.78	-0.04	6.63	5.43
EBITA, 3 Yr. CAGR %	-3	-0.6	-0.31	8.9	7.42
EBIT, 3 Yr. CAGR %	-4.07	-0.99	-0.71	9.05	7.68
Earnings From Cont. Operations, 3 Yr. CAGR %	-5.01	0.16	-2.75	6.6	6.18
Net Income, 3 Yr. CAGR %	-4.89	0.43	-2.66	6.34	6.23
Normalized Net Income, 3 Yr. CAGR %	-4.76	-1.12	0.06	8.94	7.26
Diluted EPS Before Extra, 3 Yr. CAGR %	-4.74	0.61	-2.52	6.37	6.14
Accounts Receivable, 3 Yr. CAGR %	-1.9	-1.5	1.95	5.45	4.3
Inventory, 3 Yr. CAGR %	-5.38	-6.62	-4.16	3.53	8.44
Net Property, Plant and Equip., 3 Yr. CAGR %	11.68	13.31	2.53	4.56	2.58
Total Assets, 3 Yr. CAGR %	8.41	7.26	9.1	10.6	3.46
Tangible Book Value, 3 Yr. CAGR %	42.98	16.16	34.08	40.9	-19.7
Common Equity, 3 Yr. CAGR %	11.17	7.38	10.34	10.72	9.02
Cash From Operations, 3 Yr. CAGR %	7.48	6.27	-0.17	-1.44	2.76
Capital Expenditures, 3 Yr. CAGR %	-4.53	3.02	-0.09	13.57	11.61
Levered Free Cash Flow, 3 Yr. CAGR %	14.76	10.15	0.77	-6.05	-0.1
Unlevered Free Cash Flow, 3 Yr. CAGR %	14.37	9.72	0.94	-5.13	0.59
Dividend Per Share, 3 Yr. CAGR %	14.06	2.2	0	1.83	13.94
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.82	1.65	2.89	3.51	2.58
Gross Profit, 5 Yr. CAGR %	4.99	1.75	3.42	4.13	2.71
EBITDA, 5 Yr. CAGR %	7.12	5.26	4.36	4.85	1.44
EBITA, 5 Yr. CAGR %	4.75	3.09	2.12	2.73	2.27
EBIT, 5 Yr. CAGR %	4.69	2.5	1.42	2.49	2.28
Earnings From Cont. Operations, 5 Yr. CAGR %	-5.42	2.46	0.03	0.83	1.94
Net Income, 5 Yr. CAGR %	-7.26	2.47	0.1	0.9	1.98
Normalized Net Income, 5 Yr. CAGR %	4.53	2.31	1.52	1.93	2.38
Diluted EPS Before Extra, 5 Yr. CAGR %	-7.43	2.56	0.24	0.98	2.01
Accounts Receivable, 5 Yr. CAGR %	5.03	3.41	2.04	1.17	1.64
Inventory, 5 Yr. CAGR %	-0.76	-4.85	-1.58	-1.23	-0.21
Net Property, Plant and Equip., 5 Yr. CAGR %	9.91	7.68	10.55	8.7	1.47
Total Assets, 5 Yr. CAGR %	7.8	8.65	12.27	6.08	5.01
Tangible Book Value, 5 Yr. CAGR %	-15.16	18.98	59.55	3.55	5.39
Common Equity, 5 Yr. CAGR %	25.63	13.77	12.59	8.65	7.96
Cash From Operations, 5 Yr. CAGR %	10.12	5.57	4.46	3.13	1.19
Capital Expenditures, 5 Yr. CAGR %	-3.51	2.46	4.9	5.65	2.94
Levered Free Cash Flow, 5 Yr. CAGR %	21.37	13.99	3.08	5.49	2.37
Unlevered Free Cash Flow, 5 Yr. CAGR %	20.23	13.22	3.43	5.79	2.41
Dividend Per Share, 5 Yr. CAGR %	15.13	11.14	8.21	2.42	8.14