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Gogo (GOGO) Financials

Gogo logo
$10.82 -0.29 (-2.61%)
Closing price 05/28/2025 04:00 PM Eastern
Extended Trading
$10.96 +0.15 (+1.34%)
As of 09:07 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Gogo

Annual Income Statements for Gogo

This table shows Gogo's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Income / (Loss) Attributable to Common Shareholders
14 146 92 153 -250 -146 -162 -172 -125 -108 -85
Consolidated Net Income / (Loss)
14 146 92 153 -250 -146 -162 -172 -125 -108 -85
Net Income / (Loss) Continuing Operations
14 146 92 157 -49 -88 -52 -172 -125 -108 -85
Total Pre-Tax Income
18 98 106 -31 -49 -88 -56 -174 -123 -106 -83
Total Operating Income
51 124 142 121 76 97 82 -64 -27 -45 -51
Total Gross Profit
445 398 404 234 270 309 198 699 597 501 408
Total Revenue
445 398 404 336 270 309 290 699 597 501 408
Operating Revenue
445 398 404 336 270 309 290 699 597 501 408
Total Cost of Revenue
0.00 0.00 0.00 102 0.00 0.00 93 0.00 0.00 0.00 0.00
Total Operating Expenses
393 273 262 113 193 212 115 763 623 546 459
Selling, General & Admin Expense
125 57 58 52 54 55 58 94 85 87 71
Marketing Expense
38 30 25 21 15 21 24 64 61 56 42
Research & Development Expense
45 37 30 25 25 26 19 133 97 87 70
Depreciation Expense
19 17 13 15 14 17 14 145 106 87 64
Amortization Expense
167 133 136 - 84 94 - 327 275 228 212
Total Other Income / (Expense), net
-33 -27 -37 -151 -125 -184 -138 -110 -97 -62 -33
Interest Expense
38 35 39 151 126 188 142 112 99 59 33
Interest & Investment Income
8.34 7.40 2.39 0.19 0.72 4.00 4.12 2.96 1.64 0.18 0.06
Other Income / (Expense), net
-3.04 1.32 -0.12 -0.03 0.01 -0.03 -0.08 -0.75 0.86 -2.83 -0.01
Income Tax Expense
4.39 -48 14 -187 -0.15 0.56 -3.35 -2.00 1.31 1.24 1.18
Basic Earnings per Share
$0.11 $1.12 $0.75 $1.46 ($3.04) ($1.81) ($2.02) ($2.17) ($1.58) ($1.35) ($0.99)
Weighted Average Basic Shares Outstanding
128.53M 129.75M 123.27M 103.40M 82.27M 80.77M 80.04M 79.41M 78.92M 79.70M 85.15M
Diluted Earnings per Share
$0.10 $1.09 $0.71 $1.28 ($3.04) ($1.81) ($2.02) ($2.17) ($1.58) ($1.35) ($0.99)
Weighted Average Diluted Shares Outstanding
131.46M 133.28M 133.92M 127.21M 82.27M 80.77M 80.04M 79.41M 78.92M 79.70M 85.15M
Weighted Average Basic & Diluted Shares Outstanding
131.35M 128.07M 127.91M 110.88M 82.27M 80.77M 80.04M 79.41M 78.92M 79.70M 85.15M

Quarterly Income Statements for Gogo

This table shows Gogo's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
-28 11 0.84 30 14 21 90 20 86 20
Consolidated Net Income / (Loss)
-28 11 0.84 30 14 21 90 20 86 20
Net Income / (Loss) Continuing Operations
14 0.00 0.00 0.00 146 0.00 0.00 0.00 92 0.00
Total Pre-Tax Income
-36 12 0.97 41 19 28 26 25 89 28
Total Operating Income
-24 19 22 35 25 33 34 32 97 36
Total Gross Profit
171 101 102 71 98 98 103 99 234 105
Total Revenue
138 101 102 104 98 98 103 99 201 105
Operating Revenue
138 101 102 104 98 98 103 99 - 105
Total Cost of Revenue
-34 0.00 0.00 34 - 0.00 0.00 0.00 -33 0.00
Total Operating Expenses
196 81 80 36 73 65 69 67 136 69
Selling, General & Admin Expense
64 25 22 15 17 13 13 14 14 15
Marketing Expense
12 8.55 9.04 8.28 8.05 7.02 7.86 6.88 6.93 6.24
Research & Development Expense
15 9.76 10 9.22 10 9.15 9.23 7.88 - 7.99
Depreciation Expense
7.23 4.02 3.89 3.84 4.68 4.69 4.54 2.79 2.57 2.72
Total Other Income / (Expense), net
-12 -6.92 -21 6.74 -5.77 -5.68 -8.02 -7.09 -7.96 -8.19
Interest Expense
12 9.67 8.11 8.41 8.25 8.03 10 8.98 9.43 8.78
Interest & Investment Income
1.75 2.42 2.12 2.05 1.89 1.62 1.97 1.92 1.46 0.69
Other Income / (Expense), net
-1.76 0.33 -15 13 0.58 0.73 0.04 -0.03 - -0.10
Income Tax Expense
-8.19 1.52 0.13 11 4.64 6.73 -64 4.39 3.04 7.98
Basic Earnings per Share
($0.22) $0.08 $0.01 $0.24 $0.11 $0.16 $0.69 $0.16 $0.21 $0.16
Weighted Average Basic Shares Outstanding
128.53M 127.92M 128.30M 129.27M 129.75M 129.95M 129.81M 129.14M 123.27M 129.91M
Diluted Earnings per Share
($0.22) $0.08 $0.01 $0.23 $0.11 $0.16 $0.67 $0.15 $0.21 $0.15
Weighted Average Diluted Shares Outstanding
131.46M 130.39M 131.73M 132.44M 133.28M 133.32M 133.23M 133.60M 133.92M 134.22M
Weighted Average Basic & Diluted Shares Outstanding
131.35M 125.78M 126.95M 127.10M 128.07M 128.84M 128.70M 128.59M 127.91M 127.27M

Annual Cash Flow Statements for Gogo

This table details how cash moves in and out of Gogo's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Change in Cash & Equivalents
-97 -12 4.61 -290 258 -129 -13 78 -30 16 -135
Net Cash From Operating Activities
41 79 103 67 4.51 -129 1.89 60 65 105 29
Net Cash From Continuing Operating Activities
41 79 103 67 4.51 -13 1.89 60 65 105 29
Net Income / (Loss) Continuing Operations
14 146 92 157 -49 -88 -52 -172 -125 -108 -85
Consolidated Net Income / (Loss)
14 146 92 157 -49 -88 -52 -172 -125 -108 -85
Depreciation Expense
19 17 13 15 14 17 14 145 106 87 64
Amortization Expense
5.66 4.30 3.67 5.08 20 20 23 22 21 17 3.17
Non-Cash Adjustments To Reconcile Net Income
23 18 23 83 0.29 -81 27 36 73 25 13
Changes in Operating Assets and Liabilities, net
-20 -105 -28 -194 19 4.05 -9.20 29 -11 84 33
Net Cash From Investing Activities
-337 30 -70 -16 -8.99 33 163 -157 -296 -293 -232
Net Cash From Continuing Investing Activities
-337 30 -70 -16 -8.99 33 163 -157 -296 -293 -232
Purchase of Property, Plant & Equipment
-14 -16 -44 -4.26 -1.82 -1.49 -2.73 -252 -148 -135 -132
Acquisitions
-346 -7.82 -6.00 -4.40 -7.17 -4.98 -7.92 -28 -29 -18 -17
Purchase of Investments
-5.00 -54 -25 0.00 0.00 - -39 -317 -363 -369 -120
Sale and/or Maturity of Investments
0.00 81 0.00 0.00 0.00 39 213 443 244 230 40
Other Investing Activities, net
28 28 4.29 -8.63 0.00 0.00 - -2.85 0.08 -0.12 -2.50
Net Cash From Financing Activities
199 -120 -28 -331 44 -2.83 30 175 201 203 68
Net Cash From Continuing Financing Activities
199 -120 -28 -331 44 -2.83 30 175 201 203 68
Repayment of Debt
-4.02 0.00 0.00 -1,044 -28 -924 -208 -6.59 -14 -15 -2.99
Repurchase of Common Equity
-33 -4.82 -18 0.00 0.00 - - - - - -
Issuance of Debt
245 0.00 0.00 721 78 921 238 182 525 362 75
Other Financing Activities, net
-9.10 -116 -10 -8.16 -4.77 0.33 0.40 -0.23 -310 -144 -4.01
Effect of Exchange Rate Changes
0.03 0.09 0.01 0.04 -1.95 -0.25 - - - 0.79 -0.04
Cash Interest Paid
56 68 41 71 106 141 101 86 28 39 30
Cash Income Taxes Paid
3.10 1.00 0.38 0.38 0.40 0.49 0.40 0.10 0.31 0.45 0.41

Quarterly Cash Flow Statements for Gogo

This table details how cash moves in and out of Gogo's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-135 15 8.73 14 53 -11 -66 13 -1.61 -12
Net Cash From Operating Activities
-38 25 25 30 26 19 16 19 31 28
Net Cash From Continuing Operating Activities
-38 25 25 30 26 19 16 19 31 28
Net Income / (Loss) Continuing Operations
-28 11 0.84 30 14 21 90 20 28 20
Consolidated Net Income / (Loss)
-28 11 0.84 30 14 21 90 20 28 20
Depreciation Expense
7.23 4.02 3.89 3.84 4.68 4.69 4.54 2.79 2.57 2.72
Amortization Expense
1.56 1.30 1.32 1.48 1.32 1.22 0.88 0.87 0.84 0.82
Non-Cash Adjustments To Reconcile Net Income
11 0.22 6.59 4.73 5.54 8.72 -2.61 5.93 9.17 6.90
Changes in Operating Assets and Liabilities, net
-30 8.97 12 -11 0.15 -17 -77 -12 -8.78 -2.91
Net Cash From Investing Activities
-334 -0.54 -0.08 -2.60 33 -27 22 1.56 -31 -19
Net Cash From Continuing Investing Activities
-334 -0.54 -0.08 -2.60 33 -27 22 1.56 -31 -19
Purchase of Property, Plant & Equipment
-4.25 -4.42 -3.39 -1.45 -2.26 -3.60 -7.29 -3.11 -8.73 -18
Acquisitions
-337 -3.78 -3.14 -2.72 -3.11 -1.76 -1.47 -1.48 -1.26 -2.28
Other Investing Activities, net
6.91 7.66 6.45 6.57 7.64 7.68 6.40 6.09 3.49 0.80
Net Cash From Financing Activities
238 -9.45 -16 -13 -6.55 -2.41 -104 -7.45 -1.74 -20
Net Cash From Continuing Financing Activities
238 -9.45 -16 -13 -6.55 -2.41 -104 -7.45 -1.74 -20
Repurchase of Common Equity
-2.42 -7.61 -13 -10 -4.82 - - 0.00 - -
Other Financing Activities, net
-0.97 -1.84 -3.14 -3.16 -1.73 -2.41 -104 -7.45 -1.74 -2.03
Cash Interest Paid
13 15 14 14 14 14 25 15 12 9.16
Cash Income Taxes Paid
0.83 1.12 1.14 0.01 0.58 0.06 0.36 0.01 0.09 0.18

Annual Balance Sheets for Gogo

This table presents Gogo's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Assets
1,229 782 760 648 674 1,215 1,265 985 1,246 1,004 756
Total Current Assets
323 315 324 250 512 425 586 262 605 468 295
Cash & Equivalents
42 139 151 146 435 170 184 196 117 147 211
Accounts Receivable
112 48 54 38 40 42 134 - 74 69 49
Inventories, net
98 63 49 34 28 35 193 46 50 21 22
Prepaid Expenses
55 64 45 32 8.93 6.81 35 20 25 11 13
Other Current Assets
17 - - - - - - - - - -
Plant, Property, & Equipment, net
119 98 105 64 63 69 512 656 520 434 363
Total Noncurrent Assets
787 369 331 334 98 721 168 67 122 102 98
Long-Term Investments
4.21 - - - - - - - - - -
Goodwill
185 0.62 50 50 53 52 83 - 86 0.62 0.62
Intangible Assets
275 55 - - - - - - - 79 78
Noncurrent Deferred & Refundable Income Taxes
217 217 163 185 0.00 - - - - - -
Other Noncurrent Operating Assets
105 97 119 99 45 48 84 67 36 15 11
Total Liabilities & Shareholders' Equity
1,229 782 760 648 674 1,215 1,265 -911 1,246 1,004 756
Total Liabilities
1,160 741 861 968 1,315 1,614 1,534 178 1,287 938 559
Total Current Liabilities
182 72 84 189 438 253 300 43 251 198 151
Short-Term Debt
2.50 7.25 7.25 110 341 0.00 - - 2.80 21 10
Accounts Payable
67 16 14 17 11 5.50 24 - 32 28 41
Accrued Expenses
82 48 60 60 83 48 213 - 148 102 66
Current Deferred Revenue
30 1.00 3.42 1.83 3.11 2.23 63 43 69 46 34
Total Noncurrent Liabilities
978 669 777 779 877 1,361 1,234 135 1,036 741 407
Long-Term Debt
832 588 690 695 828 1,101 1,025 - 801 543 291
Capital Lease Obligations
68 - - - 38 - 129 - 136 122 84
Other Noncurrent Operating Liabilities
78 81 87 85 11 50 80 135 99 69 26
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
69 41 -102 -320 -641 -399 -269 -1,089 -40 66 198
Total Preferred & Common Equity
69 41 -102 -320 -641 -399 -269 -192 -40 66 198
Total Common Equity
69 41 -102 -320 -641 -399 -269 -1,089 -40 66 198
Common Stock
1,460 1,402 1,386 1,258 1,089 980 963 - 879 861 884
Retained Earnings
-1,200 -1,214 -1,360 -1,452 -1,630 -1,376 -1,229 -1,089 -917 -793 -685
Treasury Stock
-196 -163 -158 -129 -99 0.00 - - - - -
Accumulated Other Comprehensive Income / (Loss)
5.57 16 30 1.79 -1.01 -2.26 -3.55 - -2.16 -2.19 -1.20

Quarterly Balance Sheets for Gogo

This table presents Gogo's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
811 803 809 767 746 759 729
Total Current Assets
347 345 335 287 257 335 290
Cash & Equivalents
177 162 153 86 97 163 152
Accounts Receivable
46 54 49 49 51 47 49
Inventories, net
75 69 69 63 60 54 47
Prepaid Expenses
50 61 64 64 49 46 42
Plant, Property, & Equipment, net
94 95 96 101 104 105 99
Total Noncurrent Assets
369 363 378 379 385 319 340
Noncurrent Note & Lease Receivables
3.76 3.44 18 - - - -
Goodwill
65 61 58 53 51 50 50
Noncurrent Deferred & Refundable Income Taxes
209 207 206 218 224 161 164
Other Noncurrent Operating Assets
91 91 95 109 110 108 125
Total Liabilities & Shareholders' Equity
811 803 809 767 746 759 729
Total Liabilities
758 751 747 734 736 847 857
Total Current Liabilities
97 87 80 63 62 73 78
Short-Term Debt
7.25 7.25 7.25 7.25 7.25 7.25 7.25
Accounts Payable
26 25 23 15 17 14 18
Accrued Expenses
61 53 48 38 36 49 51
Current Deferred Revenue
1.84 1.86 2.15 1.70 1.88 2.36 1.60
Total Noncurrent Liabilities
661 663 667 671 674 774 779
Long-Term Debt
584 585 586 589 590 689 691
Other Noncurrent Operating Liabilities
77 78 8.59 83 84 85 88
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 -
Total Equity & Noncontrolling Interests
53 52 62 34 9.21 -88 -128
Total Preferred & Common Equity
53 52 62 34 9.21 -88 -128
Total Common Equity
53 52 62 34 9.21 -88 -128
Common Stock
1,414 1,409 1,404 1,396 1,392 1,386 1,384
Retained Earnings
-1,172 -1,183 -1,183 -1,228 -1,249 -1,339 -1,387
Treasury Stock
-194 -186 -173 -158 -158 -158 -158
Accumulated Other Comprehensive Income / (Loss)
4.96 12 15 24 25 23 33

Annual Metrics And Ratios for Gogo

This table displays calculated financial ratios and metrics derived from Gogo's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Growth Metrics
- - - - - - - - - - -
Revenue Growth
11.85% -1.61% 20.36% 24.47% -12.71% 6.49% -58.50% 17.19% 19.10% 22.62% 24.49%
EBITDA Growth
-50.26% -7.56% 12.25% 27.95% -17.15% 11.68% 16.32% 1.32% 80.36% 231.01% 174.87%
EBIT Growth
-61.56% -11.76% 17.91% 57.94% -20.87% 17.20% 226.65% -152.25% 45.93% 5.94% 37.41%
NOPAT Growth
-79.03% 49.53% 46.78% 57.99% -20.91% 17.13% 228.25% -141.25% 40.60% 11.50% -13.44%
Net Income Growth
-90.56% 58.24% -39.73% 161.09% -71.25% 9.89% 5.79% -38.14% -15.70% -27.30% 24.04%
EPS Growth
-90.83% 53.52% -44.53% 142.11% -67.96% 10.40% 6.91% -37.34% -17.04% -36.36% 67.54%
Operating Cash Flow Growth
-47.55% -23.63% 55.04% 1,377.89% 103.50% -6,907.40% -96.86% -7.28% -38.02% 261.92% 62.86%
Free Cash Flow Firm Growth
-457.78% 159.47% 134.09% -274.13% -87.82% 8,391.37% 103.22% -151.79% -86.09% 56.33% -9.10%
Invested Capital Growth
86.45% 18.14% 24.21% 159.19% -11.76% -77.65% 8.32% 37.83% 17.44% 3.85% 23.21%
Revenue Q/Q Growth
9.88% -20.59% 36.76% 4.57% 4,052.70% 185.60% -66.44% 4.17% 3.87% 6.04% 4.26%
EBITDA Q/Q Growth
-40.00% -31.81% 66.65% 9.40% -21.34% 37.06% -14.63% 6.79% 12.53% 51.44% 11.14%
EBIT Q/Q Growth
-51.58% -36.11% 83.42% 15.96% -28.01% -35.91% 357.09% -24.08% 37.13% -5.05% -1.52%
NOPAT Q/Q Growth
-49.43% -27.21% -71.69% 15.99% -29.97% -34.69% 360.34% -23.56% 32.36% 0.59% -1.57%
Net Income Q/Q Growth
-75.64% -32.97% -59.02% 334.51% 8.49% 20.36% -12.93% -9.00% 5.28% -9.98% -2.43%
EPS Q/Q Growth
-76.74% -8.40% -69.66% 341.51% 8.98% 20.61% -12.22% -9.05% 4.82% -11.57% -115.94%
Operating Cash Flow Q/Q Growth
-60.88% -6.30% 1.10% 224.51% 102.46% -176.15% 106.90% 285.49% 3.70% 7.60% -14.98%
Free Cash Flow Firm Q/Q Growth
-403.95% -29.17% -68.00% -117.81% 1.00% 676.77% 103.96% -33.93% 0.56% 7.33% 0.00%
Invested Capital Q/Q Growth
98.14% -4.29% 0.50% 202.68% -82.15% -79.60% -5.00% 11.88% 4.62% 3.04% 4.17%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
100.00% 100.00% 100.00% 69.56% 100.00% 100.00% 68.10% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin
16.38% 36.84% 39.21% 42.05% 40.90% 43.10% 41.09% 14.66% 16.96% 11.20% 4.15%
Operating Margin
11.53% 31.23% 35.22% 35.93% 28.31% 31.24% 28.40% -9.19% -4.47% -8.95% -12.40%
EBIT Margin
10.85% 31.56% 35.19% 35.92% 28.31% 31.23% 28.38% -9.30% -4.32% -9.52% -12.41%
Profit (Net Income) Margin
3.09% 36.64% 22.78% 45.50% -92.70% -47.25% -55.84% -24.60% -20.87% -21.48% -20.70%
Tax Burden Percent
75.80% 149.26% 87.08% -498.47% 513.37% 166.04% 290.31% 98.85% 101.07% 101.16% 101.42%
Interest Burden Percent
37.60% 77.78% 74.34% -25.41% -63.78% -91.12% -67.79% 267.63% 477.98% 223.16% 164.48%
Effective Tax Rate
24.20% -49.26% 12.92% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
5.47% 40.44% 32.68% 36.02% 38.39% 16.69% 9.07% -8.53% -4.54% -8.47% -10.77%
ROIC Less NNEP Spread (ROIC-NNEP)
1.64% 32.33% 27.28% 45.57% -7.65% -12.22% -7.64% -20.17% -31.18% -40.44% -62.31%
Return on Net Nonoperating Assets (RNNOA)
19.52% -516.94% -76.31% -67.80% 9.69% 27.05% 14.79% 38.98% -960.54% -73.07% -25.36%
Return on Equity (ROE)
24.98% -476.51% -43.63% -31.78% 48.08% 43.74% 23.86% 30.45% -965.08% -81.54% -36.13%
Cash Return on Invested Capital (CROIC)
-54.89% 23.80% 11.09% -52.62% 50.88% 143.62% 1.08% -40.35% -20.58% -12.25% -31.57%
Operating Return on Assets (OROA)
4.80% 16.28% 20.21% 18.26% 8.09% 7.78% 7.32% -5.83% -2.29% -5.41% -7.01%
Return on Assets (ROA)
1.37% 18.91% 13.08% 23.12% -26.48% -11.78% -14.40% -15.41% -11.06% -12.22% -11.70%
Return on Common Equity (ROCE)
24.98% -476.51% -43.63% -31.78% 48.08% 43.74% 23.86% 30.45% -965.08% -81.54% -36.13%
Return on Equity Simple (ROE_SIMPLE)
19.83% 357.71% -90.37% -47.71% 39.00% 36.60% 60.29% 89.78% 308.23% -162.57% -42.75%
Net Operating Profit after Tax (NOPAT)
39 185 124 84 53 68 58 -45 -19 -31 -35
NOPAT Margin
8.74% 46.61% 30.67% 25.15% 19.82% 21.87% 19.88% -6.43% -3.13% -6.27% -8.68%
Net Nonoperating Expense Percent (NNEP)
3.83% 8.11% 5.40% -9.55% 46.04% 28.91% 16.70% 11.63% 26.64% 31.97% 51.54%
Return On Investment Capital (ROIC_SIMPLE)
4.00% 29.16% 20.81% - - - - - - - -
Cost of Revenue to Revenue
0.00% 0.00% 0.00% 30.44% 0.00% 0.00% 31.90% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
28.12% 14.41% 14.40% 15.36% 20.19% 17.68% 19.96% 13.40% 14.24% 17.32% 17.32%
R&D to Revenue
10.07% 9.23% 7.32% 7.41% 9.35% 8.42% 6.38% 19.07% 16.21% 17.46% 17.02%
Operating Expenses to Revenue
88.47% 68.77% 64.78% 33.63% 71.69% 68.76% 39.70% 109.19% 104.47% 108.95% 112.40%
Earnings before Interest and Taxes (EBIT)
48 125 142 121 76 97 82 -65 -26 -48 -51
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
73 146 158 141 110 133 119 103 101 56 17
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
14.68 32.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 23.08 7.13
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 11.88
Price to Revenue (P/Rev)
2.29 3.28 4.65 4.43 3.04 1.83 0.90 1.40 1.33 3.05 3.45
Price to Earnings (P/E)
74.03 8.96 20.41 9.74 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
1.35% 11.16% 4.90% 10.27% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
2.02 3.55 5.71 6.34 12.20 10.11 1.80 1.28 2.89 4.89 4.36
Enterprise Value to Revenue (EV/Rev)
4.21 4.43 5.94 6.39 5.90 4.84 4.11 1.12 2.14 3.69 3.88
Enterprise Value to EBITDA (EV/EBITDA)
25.72 12.02 15.15 15.20 14.44 11.23 10.00 7.63 12.64 32.92 93.41
Enterprise Value to EBIT (EV/EBIT)
38.85 14.03 16.88 17.80 20.86 15.50 14.48 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
48.21 9.50 19.37 25.42 29.80 22.13 20.66 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
45.24 22.30 23.22 32.18 352.89 0.00 630.02 12.99 19.68 17.61 54.64
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 16.14 57.10 0.00 22.48 2.57 174.09 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
13.02 14.60 -6.85 -2.51 -1.88 -2.76 -4.29 0.00 -23.26 10.36 1.95
Long-Term Debt to Equity
12.98 14.43 -6.78 -2.17 -1.35 -2.76 -4.29 0.00 -23.19 10.04 1.89
Financial Leverage
11.92 -15.99 -2.80 -1.49 -1.27 -2.21 -1.94 -1.93 30.80 1.81 0.41
Leverage Ratio
18.27 -25.20 -3.33 -1.37 -1.82 -3.71 -1.66 -1.98 87.22 6.67 3.09
Compound Leverage Factor
6.87 -19.60 -2.48 0.35 1.16 3.38 1.12 -5.29 416.92 14.89 5.08
Debt to Total Capital
92.86% 93.59% 117.10% 166.12% 213.30% 156.79% 130.36% 0.00% 104.49% 91.19% 66.05%
Short-Term Debt to Total Capital
0.26% 1.14% 1.22% 22.64% 60.26% 0.00% 0.00% 0.00% 0.31% 2.83% 1.78%
Long-Term Debt to Total Capital
92.61% 92.45% 115.89% 143.48% 153.04% 156.79% 130.36% 0.00% 104.18% 88.36% 64.28%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
7.14% 6.41% -17.10% -66.12% -113.30% -56.79% -30.36% 100.00% -4.49% 8.81% 33.95%
Debt to EBITDA
12.38 4.06 4.40 5.70 10.94 8.27 9.68 0.00 9.29 12.22 22.71
Net Debt to EBITDA
11.75 3.11 3.29 4.66 6.99 6.99 7.80 0.00 4.78 5.68 10.24
Long-Term Debt to EBITDA
12.35 4.01 4.36 4.92 7.85 8.27 9.68 0.00 9.26 11.84 22.09
Debt to NOPAT
23.22 3.21 5.63 9.53 22.58 16.30 20.00 0.00 -50.38 -21.84 -10.85
Net Debt to NOPAT
22.03 2.46 4.21 7.80 14.44 13.78 16.13 0.00 -25.94 -10.15 -4.89
Long-Term Debt to NOPAT
23.15 3.17 5.57 8.23 16.20 16.30 20.00 0.00 -50.23 -21.16 -10.56
Altman Z-Score
-0.21 0.29 0.33 -0.97 -2.11 -0.69 -0.54 2.51 0.09 0.54 0.79
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.78 4.37 3.84 1.33 1.17 1.68 1.95 6.04 2.41 2.37 1.95
Quick Ratio
0.84 2.60 2.72 0.97 1.08 0.84 1.19 4.52 2.11 2.21 1.71
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-390 109 42 -123 71 581 6.85 -213 -84 -45 -104
Operating Cash Flow to CapEx
306.73% 485.46% 235.47% 2,043.41% 248.24% -8,644.03% 69.33% 23.88% 43.82% 77.56% 21.94%
Free Cash Flow to Firm to Interest Expense
-10.16 3.09 1.08 -0.81 0.56 3.09 0.05 -1.90 -0.85 -0.77 -3.17
Operating Cash Flow to Interest Expense
1.08 2.24 2.66 0.44 0.04 -0.68 0.01 0.54 0.66 1.78 0.89
Operating Cash Flow Less CapEx to Interest Expense
0.73 1.78 1.53 0.42 0.02 -0.69 -0.01 -1.72 -0.84 -0.52 -3.15
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.44 0.52 0.57 0.51 0.29 0.25 0.26 0.63 0.53 0.57 0.57
Accounts Receivable Turnover
5.57 7.76 8.79 8.66 6.57 3.50 0.00 0.00 8.34 8.50 11.01
Inventory Turnover
0.00 0.00 0.00 3.29 0.00 0.00 0.78 0.00 0.00 0.00 0.00
Fixed Asset Turnover
4.09 3.92 4.80 5.28 4.07 1.06 0.50 1.19 1.25 1.26 1.30
Accounts Payable Turnover
0.00 0.00 0.00 7.24 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
65.56 47.02 41.53 42.16 55.59 104.33 0.00 0.00 43.77 42.93 33.15
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 110.88 0.00 0.00 470.45 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 50.39 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
65.56 47.02 41.53 102.66 55.59 104.33 470.45 0.00 43.77 42.93 33.15
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
926 496 420 338 131 148 662 611 443 377 363
Invested Capital Turnover
0.63 0.87 1.07 1.43 1.94 0.76 0.46 1.33 1.45 1.35 1.24
Increase / (Decrease) in Invested Capital
429 76 82 208 -17 -514 51 168 66 14 68
Enterprise Value (EV)
1,874 1,761 2,401 2,146 1,593 1,495 1,192 782 1,279 1,847 1,583
Market Capitalization
1,018 1,305 1,879 1,488 821 564 262 979 795 1,528 1,409
Book Value per Share
$0.55 $0.32 ($0.80) ($3.10) ($7.52) ($4.52) ($3.07) ($12.55) ($0.47) $0.77 $2.32
Tangible Book Value per Share
($3.11) ($0.12) ($1.19) ($3.58) ($8.14) ($5.11) ($4.03) ($12.55) ($1.46) ($0.15) $1.39
Total Capital
972 635 596 484 566 702 885 -1,089 899 752 583
Total Debt
902 595 697 804 1,207 1,101 1,154 0.00 939 686 385
Total Long-Term Debt
900 588 690 695 866 1,101 1,154 0.00 937 664 374
Net Debt
856 456 522 658 772 931 931 -196 484 319 174
Capital Expenditures (CapEx)
14 16 44 3.26 1.82 1.49 2.73 252 148 135 132
Debt-free, Cash-free Net Working Capital (DFCFNWC)
102 111 72 25 -20 2.17 62 22 -99 -75 -57
Debt-free Net Working Capital (DFNWC)
144 250 247 171 415 172 286 219 356 292 154
Net Working Capital (NWC)
141 243 240 61 74 172 286 219 354 270 143
Net Nonoperating Expense (NNE)
25 40 32 -68 303 214 220 127 106 76 49
Net Nonoperating Obligations (NNO)
856 456 522 658 772 547 931 1,700 484 311 166
Total Depreciation and Amortization (D&A)
25 21 16 21 34 37 37 168 127 104 68
Debt-free, Cash-free Net Working Capital to Revenue
22.89% 27.87% 17.74% 7.48% -7.51% 0.70% 21.49% 3.20% -16.65% -15.00% -14.07%
Debt-free Net Working Capital to Revenue
32.28% 62.84% 61.14% 50.94% 153.90% 55.73% 98.51% 31.29% 59.75% 58.24% 37.64%
Net Working Capital to Revenue
31.72% 61.02% 59.34% 18.29% 27.47% 55.73% 98.51% 31.29% 59.29% 53.99% 35.11%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.11 $1.12 $0.75 $1.46 ($3.04) ($1.81) ($2.02) ($2.17) ($1.58) ($1.35) ($0.99)
Adjusted Weighted Average Basic Shares Outstanding
128.53M 129.75M 123.27M 103.40M 86.40M 83.32M 87.56M 86.84M 86.30M 85.91M 85.31M
Adjusted Diluted Earnings per Share
$0.10 $1.09 $0.71 $1.28 ($3.04) ($1.81) ($2.02) ($2.17) ($1.58) ($1.35) ($0.99)
Adjusted Weighted Average Diluted Shares Outstanding
131.46M 133.28M 133.92M 127.21M 86.40M 83.32M 87.56M 86.84M 86.30M 85.91M 85.31M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 ($3.04) ($1.81) ($2.02) ($2.17) ($1.58) ($1.35) ($0.99)
Adjusted Weighted Average Basic & Diluted Shares Outstanding
131.35M 128.07M 127.91M 110.88M 82.27M 80.77M 80.04M 79.41M 78.92M 79.70M 85.15M
Normalized Net Operating Profit after Tax (NOPAT)
39 87 124 84 53 68 58 -45 -19 -31 -35
Normalized NOPAT Margin
8.74% 21.86% 30.67% 25.15% 19.82% 21.87% 19.88% -6.43% -3.13% -6.27% -8.68%
Pre Tax Income Margin
4.08% 24.55% 26.16% -9.13% -18.06% -28.46% -19.24% -24.89% -20.65% -21.24% -20.41%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
1.26 3.56 3.66 0.80 0.61 0.51 0.58 -0.58 -0.26 -0.81 -1.55
NOPAT to Interest Expense
1.01 5.25 3.19 0.56 0.42 0.36 0.41 -0.40 -0.19 -0.53 -1.08
EBIT Less CapEx to Interest Expense
0.90 3.10 2.53 0.77 0.59 0.50 0.56 -2.84 -1.76 -3.11 -5.58
NOPAT Less CapEx to Interest Expense
0.66 4.79 2.06 0.54 0.41 0.35 0.39 -2.66 -1.69 -2.83 -5.12
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
241.42% 3.31% 19.96% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Gogo

This table displays calculated financial ratios and metrics derived from Gogo's official financial filings.

Metric Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - -
Revenue Growth
40.88% 2.63% -1.13% 5.81% -51.32% -7.00% 5.50% 0.00% 117.67% 20.82%
EBITDA Growth
-154.42% -38.14% -69.19% 49.29% -68.71% 0.43% 7.51% 290.91% 171.50% 10.57%
EBIT Growth
-201.78% -43.01% -79.57% 49.77% -73.79% -6.08% 5.52% 235.85% 200.57% 17.80%
NOPAT Growth
-189.75% -33.82% -84.06% -2.88% -79.92% -3.21% 275.07% 259.94% -70.16% -15.76%
Net Income Growth
-295.02% -49.17% -99.07% 49.10% -83.20% 3.65% 308.09% 156.40% -60.62% 84.10%
EPS Growth
-300.00% -50.00% -98.51% 53.33% -47.62% 6.67% 294.12% -16.67% -88.59% -6.25%
Operating Cash Flow Growth
-246.52% 34.57% 59.65% 60.19% -16.89% -32.57% -40.75% 3.63% 3.70% 3.53%
Free Cash Flow Firm Growth
-677.24% 190.54% -40.50% -344.40% -581.54% 73.11% 124.02% 113.71% -88.82% -143.09%
Invested Capital Growth
86.45% -9.94% -5.21% 36.85% 18.14% 24.05% 8.86% -5.96% 24.21% 274.10%
Revenue Q/Q Growth
37.07% -1.50% -2.17% 6.66% -0.14% -5.11% 4.69% -50.93% 90.77% 7.65%
EBITDA Q/Q Growth
-169.25% 103.16% -77.08% 68.76% -21.27% 1.16% 11.08% -64.63% 152.70% 8.28%
EBIT Q/Q Growth
-233.54% 178.62% -85.42% 87.65% -25.22% -0.11% 6.85% -67.16% 167.95% 12.23%
NOPAT Q/Q Growth
-201.36% -10.95% -26.62% 35.52% -25.26% -78.56% 347.18% -71.98% 260.24% -16.91%
Net Income Q/Q Growth
-365.41% 1,166.98% -97.25% 110.76% -30.82% -76.72% 339.38% -76.26% 326.87% -8.36%
EPS Q/Q Growth
-375.00% 700.00% -95.65% 109.09% -31.25% -76.12% 346.67% -28.57% 40.00% -11.76%
Operating Cash Flow Q/Q Growth
-252.46% 0.74% -15.87% 13.40% 40.02% 19.52% -15.59% -41.16% 13.60% 5.02%
Free Cash Flow Firm Q/Q Growth
-753.74% 50.71% 135.02% -125.28% 23.85% -199.05% 43.84% 343.86% 104.25% 11.53%
Invested Capital Q/Q Growth
98.14% -3.23% -16.03% 15.81% -4.29% 1.85% 21.24% -0.02% 0.50% -10.63%
Profitability Metrics
- - - - - - - - - -
Gross Margin
124.42% 100.00% 100.00% 67.74% 100.00% 100.00% 100.00% 100.00% 116.24% 100.00%
EBITDA Margin
-12.42% 24.59% 11.92% 50.89% 32.16% 40.80% 38.27% 36.07% 50.04% 37.78%
Operating Margin
-17.53% 18.97% 21.24% 33.24% 25.43% 34.01% 32.98% 32.38% 48.34% 34.51%
EBIT Margin
-18.80% 19.30% 6.82% 45.79% 26.03% 34.76% 33.02% 32.35% 48.34% 34.42%
Profit (Net Income) Margin
-20.47% 10.57% 0.82% 29.23% 14.79% 21.35% 87.05% 20.74% 42.87% 19.16%
Tax Burden Percent
77.51% 87.48% 86.41% 73.63% 75.73% 75.66% 345.28% 82.33% 96.59% 71.66%
Interest Burden Percent
140.48% 62.63% 13.94% 86.68% 75.04% 81.19% 76.35% 77.87% 91.80% 77.68%
Effective Tax Rate
0.00% 12.52% 13.59% 26.37% 24.27% 24.34% -245.28% 17.67% 3.41% 28.34%
Return on Invested Capital (ROIC)
-7.67% 13.62% 14.88% 19.84% 16.71% 27.51% 118.42% 30.92% 49.75% 27.57%
ROIC Less NNEP Spread (ROIC-NNEP)
-9.40% 12.28% 11.04% 20.81% 15.81% 26.67% 113.44% 29.98% 48.45% 26.61%
Return on Net Nonoperating Assets (RNNOA)
-112.04% 128.05% 167.80% -826.38% -252.89% -290.43% -926.08% -100.36% -135.52% -47.09%
Return on Equity (ROE)
-119.71% 141.68% 182.68% -806.54% -236.18% -262.92% -807.66% -69.44% -85.77% -19.52%
Cash Return on Invested Capital (CROIC)
-54.89% 26.05% 22.63% 3.67% 23.80% 32.88% 44.09% 47.31% 11.09% 49.59%
Operating Return on Assets (OROA)
-8.32% 9.90% 3.54% 23.55% 13.43% 23.27% 22.84% 22.52% 27.76% 17.35%
Return on Assets (ROA)
-9.06% 5.42% 0.43% 15.03% 7.63% 14.29% 60.21% 14.43% 24.62% 9.66%
Return on Common Equity (ROCE)
-119.71% 141.68% 182.68% -806.54% -236.18% -262.92% -807.66% -69.44% -85.77% -19.52%
Return on Equity Simple (ROE_SIMPLE)
0.00% 107.02% 128.26% 249.39% 0.00% 647.95% 2,351.27% -168.78% 0.00% -175.11%
Net Operating Profit after Tax (NOPAT)
-17 17 19 26 19 25 118 26 94 26
NOPAT Margin
-12.27% 16.59% 18.36% 24.47% 19.26% 25.73% 113.88% 26.66% 46.69% 24.73%
Net Nonoperating Expense Percent (NNEP)
1.72% 1.35% 3.84% -0.97% 0.89% 0.83% 4.98% 0.94% 1.30% 0.96%
Return On Investment Capital (ROIC_SIMPLE)
-1.74% - - - 2.96% - - - 15.75% -
Cost of Revenue to Revenue
-24.42% 0.00% 0.00% 32.26% 0.00% 0.00% 0.00% 0.00% -16.24% 0.00%
SG&A Expenses to Revenue
46.19% 24.79% 21.41% 14.04% 16.92% 13.62% 12.79% 14.40% 6.93% 14.69%
R&D to Revenue
11.24% 9.71% 10.10% 8.83% 10.66% 9.35% 8.94% 7.99% 0.00% 7.58%
Operating Expenses to Revenue
141.95% 81.03% 78.76% 34.50% 74.57% 65.99% 67.02% 67.62% 67.89% 65.49%
Earnings before Interest and Taxes (EBIT)
-26 19 6.96 48 25 34 34 32 97 36
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-17 25 12 53 31 40 40 36 101 40
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
14.68 17.29 23.51 18.01 32.05 45.77 237.43 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 246.10 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
2.29 2.25 3.04 2.79 3.28 3.07 4.31 3.69 4.65 5.28
Price to Earnings (P/E)
74.03 16.15 18.33 7.22 8.96 7.06 10.10 12.47 20.41 6.94
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
1.35% 6.19% 5.46% 13.85% 11.16% 14.16% 9.90% 8.02% 4.90% 14.40%
Enterprise Value to Invested Capital (EV/IC)
2.02 2.84 3.43 2.85 3.55 3.90 5.28 5.62 5.71 5.04
Enterprise Value to Revenue (EV/Rev)
4.21 3.28 4.11 4.06 4.43 4.04 5.29 4.70 5.94 7.13
Enterprise Value to EBITDA (EV/EBITDA)
25.72 10.92 12.10 9.98 12.02 9.41 12.47 11.10 15.15 22.15
Enterprise Value to EBIT (EV/EBIT)
38.85 13.31 14.47 11.58 14.03 10.29 13.47 11.95 16.88 27.17
Enterprise Value to NOPAT (EV/NOPAT)
48.21 17.25 19.29 9.46 9.50 7.94 10.46 13.24 19.37 4.81
Enterprise Value to Operating Cash Flow (EV/OCF)
45.24 12.52 16.63 18.17 22.30 23.97 28.80 22.71 23.22 20.59
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 10.33 14.73 89.63 16.14 13.12 12.48 11.52 57.10 16.03
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
13.02 11.21 11.39 10.66 14.60 17.77 64.84 -7.90 -6.85 -5.45
Long-Term Debt to Equity
12.98 11.07 11.25 10.54 14.43 17.55 64.05 -7.82 -6.78 -5.39
Financial Leverage
11.92 10.43 15.20 -39.71 -15.99 -10.89 -8.16 -3.35 -2.80 -1.77
Leverage Ratio
18.27 18.29 25.29 -61.01 -25.20 -15.79 -10.77 -3.91 -3.33 -1.70
Compound Leverage Factor
25.67 11.46 3.53 -52.88 -18.91 -12.82 -8.22 -3.05 -3.06 -1.32
Debt to Total Capital
92.86% 91.81% 91.93% 91.42% 93.59% 94.67% 98.48% 114.49% 117.10% 122.49%
Short-Term Debt to Total Capital
0.26% 1.13% 1.13% 1.00% 1.14% 1.15% 1.20% 1.19% 1.22% 1.27%
Long-Term Debt to Total Capital
92.61% 90.68% 90.80% 90.42% 92.45% 93.52% 97.29% 113.30% 115.89% 121.22%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
7.14% 8.19% 8.07% 8.58% 6.41% 5.33% 1.52% -14.49% -17.10% -22.49%
Debt to EBITDA
12.38 4.87 4.33 4.06 4.06 2.77 2.77 3.27 4.40 7.35
Net Debt to EBITDA
11.75 3.41 3.15 3.12 3.11 2.26 2.32 2.39 3.29 5.75
Long-Term Debt to EBITDA
12.35 4.81 4.28 4.01 4.01 2.74 2.74 3.24 4.36 7.27
Debt to NOPAT
23.22 7.69 6.91 3.84 3.21 2.34 2.33 3.90 5.63 1.60
Net Debt to NOPAT
22.03 5.39 5.02 2.96 2.46 1.91 1.95 2.85 4.21 1.25
Long-Term Debt to NOPAT
23.15 7.60 6.82 3.80 3.17 2.31 2.30 3.86 5.57 1.58
Altman Z-Score
-0.41 -0.35 -0.17 -0.07 -0.13 0.16 0.58 0.06 0.14 -0.65
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.78 3.58 3.95 4.20 4.37 4.59 4.11 4.57 3.84 3.73
Quick Ratio
0.84 2.29 2.46 2.53 2.60 2.56 2.37 3.20 2.72 2.58
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-446 68 45 -129 -57 -75 76 53 12 -280
Operating Cash Flow to CapEx
-901.62% 569.03% 736.83% 2,043.90% 1,156.66% 518.81% 214.24% 594.92% 360.56% 156.44%
Free Cash Flow to Firm to Interest Expense
-36.45 7.06 5.58 -15.37 -6.96 -9.39 7.59 5.89 1.26 -31.92
Operating Cash Flow to Interest Expense
-3.13 2.60 3.08 3.53 3.17 2.33 1.56 2.06 3.34 3.15
Operating Cash Flow Less CapEx to Interest Expense
-3.48 2.14 2.66 3.35 2.90 1.88 0.83 1.72 2.41 1.14
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.44 0.51 0.52 0.51 0.52 0.67 0.69 0.70 0.57 0.50
Accounts Receivable Turnover
5.57 8.50 7.72 8.39 7.76 10.16 10.68 11.32 8.79 6.60
Inventory Turnover
0.00 2.42 2.58 2.69 0.00 0.00 0.00 0.00 0.00 3.52
Fixed Asset Turnover
4.09 4.16 4.05 4.02 3.92 5.02 5.40 5.70 4.80 3.76
Accounts Payable Turnover
0.00 7.98 7.82 8.93 0.00 0.00 0.00 0.00 0.00 8.33
Days Sales Outstanding (DSO)
65.56 42.94 47.31 43.49 47.02 35.94 34.18 32.24 41.53 55.34
Days Inventory Outstanding (DIO)
0.00 150.77 141.64 135.60 0.00 0.00 0.00 0.00 0.00 103.64
Days Payable Outstanding (DPO)
0.00 45.76 46.68 40.87 0.00 0.00 0.00 0.00 0.00 43.84
Cash Conversion Cycle (CCC)
65.56 147.95 142.27 138.22 47.02 35.94 34.18 32.24 41.53 115.14
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
926 467 483 575 496 519 509 420 420 418
Invested Capital Turnover
0.63 0.82 0.81 0.81 0.87 1.07 1.04 1.16 1.07 1.12
Increase / (Decrease) in Invested Capital
429 -52 -27 155 76 101 41 -27 82 306
Enterprise Value (EV)
1,874 1,326 1,654 1,637 1,761 2,021 2,687 2,363 2,401 2,106
Market Capitalization
1,018 912 1,223 1,124 1,305 1,535 2,187 1,855 1,879 1,560
Book Value per Share
$0.55 $0.42 $0.41 $0.49 $0.32 $0.26 $0.07 ($0.69) ($0.80) ($1.00)
Tangible Book Value per Share
($3.11) ($0.10) ($0.07) $0.04 ($0.12) ($0.15) ($0.33) ($1.08) ($1.19) ($1.39)
Total Capital
972 644 644 728 635 630 607 608 596 570
Total Debt
902 591 592 665 595 596 597 696 697 699
Total Long-Term Debt
900 584 585 658 588 589 590 689 690 691
Net Debt
856 414 431 512 456 485 500 508 522 546
Capital Expenditures (CapEx)
4.25 4.42 3.39 1.45 2.26 3.60 7.29 3.11 8.73 18
Debt-free, Cash-free Net Working Capital (DFCFNWC)
102 81 103 110 111 121 104 81 72 68
Debt-free Net Working Capital (DFNWC)
144 258 265 263 250 232 202 269 247 220
Net Working Capital (NWC)
141 250 258 255 243 224 194 262 240 212
Net Nonoperating Expense (NNE)
11 6.05 18 -4.96 4.37 4.29 28 5.84 7.69 5.87
Net Nonoperating Obligations (NNO)
856 414 431 512 456 485 500 508 522 546
Total Depreciation and Amortization (D&A)
8.79 5.32 5.20 5.32 6.00 5.92 5.42 3.66 3.41 3.54
Debt-free, Cash-free Net Working Capital to Revenue
22.89% 20.01% 25.68% 27.24% 27.87% 24.12% 20.55% 16.18% 17.74% 22.86%
Debt-free Net Working Capital to Revenue
32.28% 63.66% 65.85% 65.13% 62.84% 46.25% 39.68% 53.58% 61.14% 74.36%
Net Working Capital to Revenue
31.72% 61.87% 64.05% 63.34% 61.02% 44.81% 38.25% 52.13% 59.34% 71.91%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.22) $0.08 $0.01 $0.24 $0.11 $0.16 $0.69 $0.16 $0.21 $0.16
Adjusted Weighted Average Basic Shares Outstanding
128.53M 127.92M 128.30M 129.27M 129.75M 129.95M 129.81M 129.14K 123.27M 129.91M
Adjusted Diluted Earnings per Share
($0.22) $0.08 $0.01 $0.23 $0.11 $0.16 $0.67 $0.15 $0.21 $0.15
Adjusted Weighted Average Diluted Shares Outstanding
131.46M 130.39M 131.73M 132.44M 133.28M 133.32M 133.23M 133.60K 133.92M 134.22M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
131.35M 125.78M 126.95M 127.10M 128.07M 128.84M 128.70M 128.59M 127.91M 127.27M
Normalized Net Operating Profit after Tax (NOPAT)
-17 17 19 26 19 25 24 26 94 26
Normalized NOPAT Margin
-12.27% 16.59% 18.36% 24.47% 19.26% 25.73% 23.09% 26.66% 46.69% 24.73%
Pre Tax Income Margin
-26.42% 12.09% 0.95% 39.70% 19.53% 28.22% 25.21% 25.19% 44.38% 26.73%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-2.12 2.01 0.86 5.68 3.09 4.24 3.40 3.55 10.30 4.13
NOPAT to Interest Expense
-1.38 1.73 2.31 3.04 2.28 3.14 11.72 2.93 9.95 2.97
EBIT Less CapEx to Interest Expense
-2.46 1.55 0.44 5.51 2.81 3.79 2.67 3.21 9.37 2.11
NOPAT Less CapEx to Interest Expense
-1.73 1.27 1.89 2.86 2.01 2.69 10.99 2.58 9.02 0.95
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
241.42% 63.06% 41.94% 9.61% 3.31% 0.00% 0.00% 0.00% 19.96% 8.18%

Frequently Asked Questions About Gogo's Financials

When does Gogo's financial year end?

According to the most recent income statement we have on file, Gogo's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Gogo's net income changed over the last 10 years?

Gogo's net income appears to be on a downward trend, with a most recent value of $13.75 million in 2024, falling from -$84.54 million in 2014. The previous period was $145.68 million in 2023. See where experts think Gogo is headed by visiting Gogo's forecast page.

What is Gogo's operating income?
Gogo's total operating income in 2024 was $51.27 million, based on the following breakdown:
  • Total Gross Profit: $444.71 million
  • Total Operating Expenses: $393.44 million
How has Gogo revenue changed over the last 10 years?

Over the last 10 years, Gogo's total revenue changed from $408.49 million in 2014 to $444.71 million in 2024, a change of 8.9%.

How much debt does Gogo have?

Gogo's total liabilities were at $1.16 billion at the end of 2024, a 56.6% increase from 2023, and a 107.7% increase since 2014.

How much cash does Gogo have?

In the past 10 years, Gogo's cash and equivalents has ranged from $41.77 million in 2024 to $435.35 million in 2020, and is currently $41.77 million as of their latest financial filing in 2024.

How has Gogo's book value per share changed over the last 10 years?

Over the last 10 years, Gogo's book value per share changed from 2.32 in 2014 to 0.55 in 2024, a change of -76.2%.



This page (NASDAQ:GOGO) was last updated on 5/29/2025 by MarketBeat.com Staff
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