Cash flow Schneider Electric SE

Equities

SU

FR0000121972

Electrical Components & Equipment

Market Closed - Euronext Paris Other stock markets 11:35:13 2024-09-19 am EDT			5-day change	1st Jan Change
238.40 ^EUR	+4.01%		+5.39%	+31.15%

Sep. 19	Schneider: presents joint offering with Alten	CF
Sep. 19	Alten signs partnership with Schneider Electric	CF

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Published financial data: SCHNEIDER ELECTRIC SE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	27.16B	25.16B	28.9B	34.18B	35.9B
Total Revenues	27.16B	25.16B	28.9B	34.18B	35.9B
Cost of Goods Sold, Total	16.42B	15B	17.06B	20.3B	20.89B
Gross Profit	10.74B	10.16B	11.84B	13.88B	15.01B
Selling General & Admin Expenses, Total	5.89B	5.56B	6.04B	6.86B	7.49B
Stock-Based Compensation (IS)	-	-	-	28M	-
R&D Expenses	657M	718M	855M	1.04B	1.17B
Amortization of Goodwill and Intangible Assets - (IS)	173M	207M	389M	423M	396M
Other Operating Expenses	23M	24M	19M	5M	18M
Other Operating Expenses, Total	6.75B	6.51B	7.3B	8.35B	9.07B
Operating Income	3.99B	3.65B	4.54B	5.52B	5.94B
Interest Expense, Total	-168M	-126M	-137M	-164M	-423M
Interest And Investment Income	76M	19M	7M	27M	82M
Net Interest Expenses	-92M	-107M	-130M	-137M	-341M
Income (Loss) On Equity Invest.	78M	66M	84M	29M	51M
Currency Exchange Gains (Loss)	-49M	-36M	-8M	-27M	-50M
Other Non Operating Income (Expenses)	-67M	-88M	1M	-15M	-52M
EBT, Excl. Unusual Items	3.86B	3.48B	4.49B	5.37B	5.55B
Restructuring Charges	-255M	-421M	-225M	-227M	-147M
Merger & Related Restructuring Charges	-98M	-169M	-166M	-180M	-111M
Gain (Loss) On Sale Of Investments	-	-	-	-	6M
Gain (Loss) On Sale Of Assets	-227M	37M	198M	-103M	257M
Asset Writedown	-63M	-54M	-55M	-118M	-64M
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	1M	-39M
EBT, Incl. Unusual Items	3.22B	2.88B	4.24B	4.75B	5.45B
Income Tax Expense	690M	638M	966M	1.21B	1.28B
Earnings From Continuing Operations	2.53B	2.24B	3.27B	3.54B	4.17B
Earnings Of Discontinued Operations	-3M	-	-	-	-
Net Income to Company	2.52B	2.24B	3.27B	3.54B	4.17B
Minority Interest	-110M	-112M	-69M	-59M	-166M
Net Income - (IS)	2.41B	2.13B	3.2B	3.48B	4B
Net Income to Common Incl Extra Items	2.41B	2.13B	3.2B	3.48B	4B
Net Income to Common Excl. Extra Items	2.42B	2.13B	3.2B	3.48B	4B
Per Share Items
Net EPS - Basic	4.38	3.84	5.76	6.23	7.15
Basic EPS - Continuing Operations	4.38	3.84	5.76	6.23	7.15
Basic Weighted Average Shares Outstanding	551M	554M	556M	558M	560M
Net EPS - Diluted	4.33	3.81	5.67	6.15	7.07
Diluted EPS - Continuing Operations	4.34	3.81	5.67	6.15	7.07
Diluted Weighted Average Shares Outstanding	558M	558M	565M	565M	567M
Normalized Basic EPS	4.18	3.73	4.92	5.91	5.9
Normalized Diluted EPS	4.13	3.7	4.84	5.84	5.83
Dividend Per Share	2.55	2.6	2.9	3.15	3.5
Payout Ratio	53.71	66.46	45.16	46.53	44.14
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	4.87B	4.25B	5.34B	6.38B	6.78B
EBITA	4.17B	3.86B	4.93B	5.94B	6.34B
EBIT	3.99B	3.65B	4.54B	5.52B	5.94B
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	21.46	22.18	22.79	25.51	23.56
Current Domestic Taxes	-	-	-	-	-
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	724M	785M	861M	1.2B	1.41B
Deferred Domestic Taxes	-	-	-	-	-
Deferred Foreign Taxes	-	-	-	-	-
Total Deferred Taxes	-34M	-147M	105M	16M	-126M
Normalized Net Income	2.3B	2.06B	2.74B	3.3B	3.3B
Interest on Long-Term Debt	-	-	-	-	36M
Non-Cash Pension Expense	44M	47M	13M	34M	49M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	1.43B	1.4B	1.47B	1.73B	1.94B
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	139M	133M	161M	166M	208M
Stock-Based Comp., Other (Total)	15M	12M	-	28M	-
Total Stock-Based Compensation	154M	145M	161M	194M	208M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	3.59B	6.9B	2.62B	3.99B	4.7B
Total Cash And Short Term Investments	3.59B	6.9B	2.62B	3.99B	4.7B
Accounts Receivable, Total	5.95B	5.63B	6.83B	7.51B	8.39B
Other Receivables	1.78B	1.83B	1.78B	1.77B	1.85B
Total Receivables	7.73B	7.46B	8.61B	9.29B	10.24B
Inventory	2.84B	2.88B	3.97B	4.35B	4.52B
Prepaid Expenses	235M	157M	173M	303M	320M
Other Current Assets, Total	377M	125M	52M	1.02B	331M
Total Current Assets	14.78B	17.52B	15.42B	18.94B	20.1B
Gross Property Plant And Equipment	9.21B	9.53B	10.26B	10.65B	11.15B
Accumulated Depreciation	-5.53B	-5.91B	-6.43B	-6.72B	-6.94B
Net Property Plant And Equipment	3.68B	3.62B	3.83B	3.94B	4.21B
Long-term Investments	843M	1.05B	1.68B	2.09B	2.2B
Goodwill	18.72B	19.96B	24.72B	25.14B	24.66B
Other Intangibles, Total	3.44B	3.85B	5.32B	5.14B	4.6B
Deferred Tax Assets Long-Term	2B	1.98B	1.82B	1.62B	1.64B
Deferred Charges Long-Term	1.2B	1.19B	1.17B	1.24B	1.24B
Other Long-Term Assets, Total	335M	327M	585M	280M	253M
Total Assets	45B	49.48B	54.55B	58.37B	58.9B
Liabilities
Accounts Payable, Total	3.15B	3.47B	4.14B	4.41B	5.19B
Short-term Borrowings	472M	1.65B	1.46B	1.76B	1.19B
Current Portion of Long-Term Debt	507M	609M	731M	5.93B	1.23B
Current Portion of Leases	258M	250M	248M	282M	284M
Current Income Taxes Payable	3.15B	3.41B	3.69B	3.79B	4.01B
Unearned Revenue Current, Total	1.07B	1.19B	1.57B	1.84B	2.4B
Other Current Liabilities	2.21B	2.31B	2.37B	2.81B	2.2B
Total Current Liabilities	10.81B	12.9B	14.22B	20.82B	16.51B
Long-Term Debt	6.4B	8.2B	7.55B	7.52B	11.64B
Long-Term Leases	872M	828M	884M	829M	788M
Unearned Revenue Non Current	-	-	-	-	-
Pension & Other Post Retirement Benefits	1.81B	1.71B	1.4B	1.19B	1.07B
Deferred Tax Liability Non Current	1.02B	917M	997M	885M	703M
Other Non Current Liabilities	951M	1.21B	1.39B	1.03B	1.02B
Total Liabilities	21.86B	25.76B	26.44B	32.27B	31.73B
Common Stock, Total	2.33B	2.27B	2.28B	2.28B	2.29B
Additional Paid In Capital	3.13B	2.25B	2.46B	2.66B	2.94B
Retained Earnings	19.28B	20.95B	19.69B	19.81B	21.53B
Treasury Stock	-3.25B	-3.3B	-	-	-
Comprehensive Income and Other	65M	-1.54B	14M	683M	-294M
Total Common Equity	21.56B	20.62B	24.44B	25.44B	26.46B
Minority Interest	1.58B	3.1B	3.67B	655M	706M
Total Equity	23.14B	23.73B	28.11B	26.09B	27.17B
Total Liabilities And Equity	45B	49.48B	54.55B	58.37B	58.9B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	551M	554M	557M	559M	558M
ECS Total Common Shares Outstanding	551M	554M	557M	559M	558M
Book Value / Share	39.13	37.2	43.91	45.5	47.4
Tangible Book Value	-601M	-3.18B	-5.6B	-4.83B	-2.8B
Tangible Book Value Per Share	-1.09	-5.74	-10.06	-8.65	-5.02
Total Debt	8.51B	11.53B	10.88B	16.32B	15.14B
Net Debt	4.92B	4.64B	8.26B	12.34B	10.44B
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.43B	1.5B	815M	726M	638M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	1.58B	3.1B	3.67B	655M	706M
Equity Method Investments, Total	589M	760M	1.28B	1.24B	1.21B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	1.2B	1.24B	1.83B	2.02B	2.28B
Inventories - Work In Process, Total	1.52B	1.49B	1.82B	2.09B	2.08B
Inventories - Finished Goods, Total	402M	516M	696M	681M	759M
Land - (BS)	141M	181M	199M	165M	161M
Buildings, Total	3.16B	1.99B	2.04B	2B	2.07B
Machinery, Total	4.76B	4.6B	4.8B	4.8B	4.94B
Full Time Employees	135K	135K	128K	132K	165K
Part Time Employees	-	-	-	2.7K	3.36K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	459M	510M	498M	489M	373M
Order Backlog	8.1B	9B	11.78B	16.49B	19.16B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	2.41B	2.13B	3.2B	3.48B	4B
Depreciation & Amortization - CF	701M	698M	726M	750M	743M
Amortization of Goodwill and Intangible Assets - (CF)	180M	214M	388M	418M	400M
Depreciation & Amortization, Total	881M	912M	1.11B	1.17B	1.14B
Amortization of Deferred Charges, Total - (CF)	294M	298M	300M	314M	317M
(Gain) Loss From Sale Of Asset	206M	-10M	-184M	70M	-252M
Asset Writedown & Restructuring Costs	90M	168M	-56M	85M	66M
(Income) Loss On Equity Investments - (CF)	-78M	-66M	-84M	-29M	-51M
Net Cash From Discontinued Operations	-59M	-	-	-	-
Other Operating Activities, Total	206M	223M	175M	308M	303M
Change In Accounts Receivable	22M	326M	-577M	-305M	62M
Change In Inventories	209M	-153M	-955M	-553M	-382M
Change In Accounts Payable	-41M	344M	418M	73M	493M
Change in Other Net Operating Assets	80M	267M	261M	-254M	205M
Cash from Operations	4.22B	4.44B	3.62B	4.35B	5.91B
Capital Expenditure	-506M	-485M	-543M	-707M	-914M
Sale of Property, Plant, and Equipment	38M	55M	59M	69M	52M
Cash Acquisitions	-172M	-2.44B	-4.58B	-559M	-307M
Divestitures	93M	48M	346M	262M	918M
Sale (Purchase) of Real Estate properties	-	-	-	-	-
Sale (Purchase) of Intangible assets	-338M	-332M	-333M	-386M	-451M
Investment in Marketable and Equity Securities, Total	59M	11M	16M	40M	-89M
Other Investing Activities, Total	-90M	-106M	-136M	-130M	-257M
Cash from Investing	-916M	-3.25B	-5.17B	-1.41B	-1.05B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	964M	3.48B	-	1.24B	4.45B
Total Debt Issued	964M	3.48B	-	1.24B	4.45B
Long-Term Debt Repaid, Total	-1.58B	-500M	-1.04B	-829M	-1.3B
Total Debt Repaid	-1.58B	-500M	-1.04B	-829M	-1.3B
Issuance of Common Stock	168M	43M	216M	208M	284M
Repurchase of Common Stock	-266M	-50M	-262M	-219M	-703M
Common Dividends Paid	-1.3B	-1.41B	-1.45B	-1.62B	-1.77B
Common & Preferred Stock Dividends Paid	-1.3B	-1.41B	-1.45B	-1.62B	-1.77B
Other Financing Activities, Total	-117M	1.03B	-556M	-230M	-4.79B
Cash from Financing	-2.12B	2.58B	-3.09B	-1.45B	-3.82B
Foreign Exchange Rate Adjustments	-18M	-403M	346M	-70M	-240M
Miscellaneous Cash Flow Adjustments	-	-	-	-20M	-4M
Net Change in Cash	1.16B	3.37B	-4.3B	1.4B	792M
Supplemental Items
Levered Free Cash Flow	3.63B	4.12B	2.66B	2.85B	4.26B
Unlevered Free Cash Flow	3.73B	4.19B	2.75B	2.95B	4.52B
Change In Net Working Capital	-753M	-1.38B	787M	1.08B	-504M
Net Debt Issued / Repaid	-614M	2.98B	-1.04B	406M	3.15B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	5.71	4.83	5.46	6.12	6.34
Return on Total Capital	8.12	6.81	7.64	8.46	8.77
Return On Equity %	11.13	9.55	12.63	13.05	15.65
Return on Common Equity	11.41	10.08	14.22	13.94	15.43
Margin Analysis
Gross Profit Margin %	39.53	40.37	40.97	40.6	41.81
SG&A Margin