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Steel Partners (SPLP) Financials

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$39.51 +0.01 (+0.03%)
As of 05/29/2025 12:57 PM Eastern
Annual Income Statements for Steel Partners

Annual Income Statements for Steel Partners

This table shows Steel Partners' 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
262 151 206 131 73 -1.60 -33 -0.02 6.63 137 -7.56
Consolidated Net Income / (Loss)
271 154 206 133 73 -1.69 -31 6.01 2.57 157 -7.27
Net Income / (Loss) Continuing Operations
271 154 206 132 83 79 -31 6.01 2.57 70 -18
Total Pre-Tax Income
224 161 275 201 125 102 -9.42 40 22 23 25
Total Operating Income
224 161 296 223 155 141 -9.42 40 22 23 25
Total Gross Profit
868 751 575 521 451 503 475 414 348 295 259
Total Revenue
2,028 1,905 1,695 1,525 1,311 1,455 1,585 1,372 1,164 965 847
Operating Revenue
2,028 1,905 1,695 1,525 1,311 1,455 1,585 1,372 1,164 965 847
Total Cost of Revenue
1,160 1,155 1,120 1,004 860 952 1,110 958 816 670 588
Operating Cost of Revenue
1,152 1,103 1,097 1,004 860 952 1,110 958 816 670 588
Other Cost of Revenue
7.74 52 23 - - - - - - - -
Total Operating Expenses
644 589 279 298 296 362 484 373 326 272 234
Selling, General & Admin Expense
547 505 383 304 291 335 353 338 282 230 188
Other Operating Expenses / (Income)
96 84 -107 -6.33 3.37 11 123 33 1.72 -46 1.44
Impairment Charge
0.67 0.87 3.16 0.00 1.71 17 8.11 2.03 42 88 44
Total Other Income / (Expense), net
0.00 0.00 -21 -22 -30 -39 0.00 0.00 0.00 0.00 0.00
Interest & Investment Income
0.00 0.00 0.00 - - - - - - - -
Income Tax Expense
-53 -1.67 74 84 38 15 13 51 24 -79 24
Other Gains / (Losses), net
-5.62 -8.88 4.61 16 -3.79 -8.04 -9.51 17 4.09 -32 -19
Net Income / (Loss) Attributable to Noncontrolling Interest
9.66 3.17 0.19 1.17 0.60 -0.10 1.11 6.03 -4.06 20 0.29
Basic Earnings per Share
$13.07 $7.04 $9.03 $6.09 $2.93 ($0.06) ($1.25) $0.00 $0.25 $5.00 ($0.27)
Weighted Average Basic Shares Outstanding
20.01M 21.43M 22.81M 21.56M 24.81M 24.96M 25.98M 26.05M 26.35M 27.32M 28.71M
Diluted Earnings per Share
$11.38 $6.43 $8.12 $4.97 $1.65 ($0.06) - - $0.25 $4.98 ($0.27)
Weighted Average Diluted Shares Outstanding
24.05M 25.36M 26.87M 28.92M 51.39M 24.96M 25.98M 26.05M 26.49M 27.44M 28.71M
Weighted Average Basic & Diluted Shares Outstanding
20.01M 21.43M 22.81M 21.56M 24.81M 24.96M 25.98M 26.05M 26.35M 27.32M 28.71M

Quarterly Income Statements for Steel Partners

This table shows Steel Partners' 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
75 36 116 34 41 26 59 25 73 36
Consolidated Net Income / (Loss)
75 37 125 35 43 28 59 25 73 36
Net Income / (Loss) Continuing Operations
75 37 125 35 43 28 59 25 73 36
Total Pre-Tax Income
59 53 66 46 40 30 48 43 84 45
Total Operating Income
57 53 66 47 34 30 48 49 91 50
Total Gross Profit
221 218 228 201 194 172 208 176 134 152
Total Revenue
498 520 533 476 467 492 501 445 423 426
Operating Revenue
498 520 533 476 467 492 501 445 423 426
Total Cost of Revenue
277 303 306 275 273 320 293 269 288 274
Operating Cost of Revenue
279 296 303 274 269 283 289 261 266 274
Other Cost of Revenue
-2.42 7.09 2.32 0.76 3.85 37 3.20 7.81 - -
Total Operating Expenses
163 165 162 154 160 142 160 127 44 102
Selling, General & Admin Expense
135 137 140 135 129 125 136 115 103 94
Other Operating Expenses / (Income)
28 27 22 19 31 17 24 12 -59 5.80
Total Other Income / (Expense), net
1.39 0.00 0.00 -1.39 5.99 0.00 0.00 -5.99 -6.20 -5.11
Income Tax Expense
-21 16 -59 11 0.03 -0.98 -15 15 18 9.21
Other Gains / (Losses), net
-5.61 0.00 0.00 -0.01 3.07 -3.14 -4.84 -3.97 6.38 0.62
Net Income / (Loss) Attributable to Noncontrolling Interest
0.03 0.46 8.61 0.57 1.44 2.32 -0.54 -0.04 0.07 0.11
Basic Earnings per Share
$3.87 $1.83 $5.72 $1.65 $1.94 $1.20 $2.75 $1.15 $3.22 $1.57
Weighted Average Basic Shares Outstanding
20.01M 19.93M 20.33M 20.76M 21.43M 21.30M 21.51M 21.69M 22.81M 23.15M
Diluted Earnings per Share
$3.38 $1.65 $4.85 $1.50 $1.76 $1.14 $2.44 $1.09 $2.95 $1.45
Weighted Average Diluted Shares Outstanding
24.05M 23.99M 24.62M 24.81M 25.36M 25.08M 25.46M 25.54M 26.87M 27.25M
Weighted Average Basic & Diluted Shares Outstanding
20.01M 19.93M 20.33M 20.76M 21.43M 21.30M 21.51M 21.69M 22.81M 23.15M

Annual Cash Flow Statements for Steel Partners

This table details how cash moves in and out of Steel Partners' 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
-172 344 -90 190 -0.82 -201 -87 -30 266 -2.41 -15
Net Cash From Operating Activities
363 21 -210 78 324 110 53 -16 195 -14 78
Net Cash From Continuing Operating Activities
363 21 -210 78 311 118 53 -16 195 -12 59
Net Income / (Loss) Continuing Operations
271 154 206 132 83 79 -31 6.01 2.57 70 -18
Consolidated Net Income / (Loss)
271 154 206 133 73 -1.69 -31 6.01 2.57 157 -7.27
Depreciation Expense
59 57 54 61 65 66 80 72 71 49 38
Non-Cash Adjustments To Reconcile Net Income
43 86 -97 0.20 3.22 20 90 0.53 39 84 70
Changes in Operating Assets and Liabilities, net
-10 -275 -373 -116 159 -47 -86 -94 83 -215 -31
Net Cash From Investing Activities
111 -142 -177 1,517 -1,899 -275 -366 -170 -161 65 -63
Net Cash From Continuing Investing Activities
111 -143 -177 1,517 -1,899 -272 -366 -170 -161 65 -60
Purchase of Property, Plant & Equipment
-65 -51 -48 -52 -23 -40 -47 -55 -34 -23 -29
Purchase of Investments
-142 -209 -311 -50 -14 -105 -153 -91 -30 -52 -138
Sale of Property, Plant & Equipment
2.09 1.85 1.24 6.98 3.00 1.29 5.91 15 32 11 2.46
Sale and/or Maturity of Investments
284 259 176 568 44 124 93 29 89 87 125
Other Investing Activities, net
32 -144 -90 1,029 -1,905 -206 -203 -66 -18 2.71 -24
Net Cash From Financing Activities
-646 465 297 -1,405 1,574 -36 227 156 231 -53 -30
Net Cash From Continuing Financing Activities
-644 465 297 -1,405 1,574 -34 227 156 231 -53 -30
Repayment of Debt
-12 -27 -382 -1,939 2,075 -71 -1.88 -55 -10 -109 -185
Repurchase of Common Equity
-16 -2.93 -8.61 -45 -20 - - - -21 -34 -86
Payment of Dividends
-9.52 -9.63 -9.63 -9.63 -40 0.00 - -3.92 0.00 0.00 -
Issuance of Debt
-72 11 - 120 -41 0.00 66 70 156 4.81 250
Other Financing Activities, net
-535 493 697 469 -399 37 163 145 106 85 -7.86

Quarterly Cash Flow Statements for Steel Partners

This table details how cash moves in and out of Steel Partners' 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
18 -42 -18 -131 14 210 49 71 -127 159
Net Cash From Operating Activities
-4.89 102 69 197 9.55 66 -6.26 -48 -152 42
Net Cash From Continuing Operating Activities
-4.89 102 69 197 9.55 66 -6.26 -48 -152 42
Net Income / (Loss) Continuing Operations
75 37 125 35 43 28 59 25 73 36
Consolidated Net Income / (Loss)
75 37 125 35 43 28 59 25 73 36
Depreciation Expense
15 15 14 14 15 15 14 13 14 13
Non-Cash Adjustments To Reconcile Net Income
15 16 8.69 3.28 10 40 18 17 -51 3.82
Changes in Operating Assets and Liabilities, net
-110 34 -79 145 -59 -17 -97 -103 -187 -11
Net Cash From Investing Activities
109 -54 17 39 26 -25 10 -154 -91 -58
Net Cash From Continuing Investing Activities
109 -54 17 39 26 -25 10 -155 -91 -58
Purchase of Property, Plant & Equipment
-9.25 -37 -8.30 -10 -15 -13 -13 -11 -17 -12
Purchase of Investments
-92 -7.52 -29 -14 -4.23 -190 -8.47 -5.73 -26 -141
Sale of Property, Plant & Equipment
0.59 0.18 0.15 1.17 1.36 0.49 - 0.00 - -
Sale and/or Maturity of Investments
253 4.80 19 7.18 10 211 1.74 37 20 149
Other Investing Activities, net
-44 -14 35 55 34 -32 30 -175 -56 -21
Net Cash From Financing Activities
-86 -90 -103 -367 -22 168 45 273 115 175
Net Cash From Continuing Financing Activities
-86 -90 -103 -365 -22 168 45 273 115 175
Repayment of Debt
-1.30 -1.15 -2.84 -6.59 -5.23 -5.39 -5.97 -9.97 -108 -59
Payment of Dividends
-2.38 -2.38 -2.38 -2.38 -2.41 -2.41 -2.41 -2.41 -2.41 -2.41
Issuance of Debt
-0.50 42 -14 -99 4.21 2.06 1.90 2.95 - 1.19
Other Financing Activities, net
-82 -123 -73 -258 -18 177 52 282 132 236

Annual Balance Sheets for Steel Partners

This table presents Steel Partners' 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
3,580 3,990 3,236 2,675 3,934 2,332 2,356 2,164 1,967 1,685 1,490
Total Current Assets
2,444 2,627 1,805 1,284 803 1,090 1,092 1,029 916 719 634
Cash & Equivalents
404 578 234 325 136 138 335 419 450 186 189
Note & Lease Receivable
1,567 1,583 1,132 530 306 548 342 182 91 165 42
Accounts Receivable
228 216 185 197 166 172 210 189 163 116 88
Inventories, net
196 202 214 184 137 148 159 143 119 102 64
Prepaid Expenses
49 48 40 48 58 42 33 20 18 45 15
Plant, Property, & Equipment, net
276 254 239 235 229 250 297 272 261 255 184
Total Noncurrent Assets
861 1,109 1,192 1,156 2,902 992 966 863 790 710 672
Long-Term Investments
85 41 310 261 291 276 258 236 120 167 312
Noncurrent Note & Lease Receivables
231 386 423 511 2,183 196 164 88 62 62 76
Goodwill
146 149 126 148 151 150 184 170 167 102 46
Intangible Assets
97 114 95 120 139 159 184 199 227 139 119
Noncurrent Deferred & Refundable Income Taxes
80 0.58 - - 67 91 96 109 183 213 74
Employee Benefit Assets
5.90 0.00 - - - - - - - - -
Other Noncurrent Operating Assets
216 418 239 116 72 103 80 61 31 27 45
Total Liabilities & Shareholders' Equity
3,580 3,990 3,236 2,675 3,934 2,332 2,356 2,164 1,967 1,685 1,490
Total Liabilities
2,407 2,985 2,434 2,006 3,395 1,865 1,864 1,597 1,263 944 826
Total Current Liabilities
1,818 2,065 1,649 715 517 936 697 515 466 321 230
Accounts Payable
132 132 110 125 105 89 107 107 90 61 38
Accrued Expenses
102 118 113 87 70 104 120 74 82 61 41
Customer Deposits
1,483 1,712 1,360 447 285 615 432 305 197 155 88
Other Current Liabilities
102 104 66 55 46 91 34 26 32 41 30
Total Noncurrent Liabilities
588 920 785 1,291 2,878 929 1,167 1,082 797 623 596
Long-Term Debt
120 191 180 604 2,414 322 478 413 330 236 296
Noncurrent Deferred & Payable Income Tax Liabilities
10 18 41 14 2.17 2.50 2.23 3.01 3.73 4.76 3.80
Noncurrent Employee Benefit Liabilities
16 46 85 82 183 183 206 268 285 277 208
Other Noncurrent Operating Liabilities
442 664 480 591 279 334 481 398 178 106 89
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,173 1,005 801 669 539 467 493 567 704 740 664
Total Preferred & Common Equity
1,132 959 800 663 535 463 489 546 549 558 495
Total Common Equity
1,132 959 800 663 535 463 489 546 549 558 495
Common Stock
1,235 1,080 952 795 707 654 666 650 618 612 492
Accumulated Other Comprehensive Income / (Loss)
-102 -121 -152 -132 -173 -191 -177 -104 -69 -54 2.81
Noncontrolling Interest
41 47 1.24 5.71 4.56 3.81 3.72 21 156 182 169

Quarterly Balance Sheets for Steel Partners

This table presents Steel Partners' 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
3,634 3,675 3,641 3,951 3,767 3,553 3,069
Total Current Assets
2,318 2,292 2,313 2,498 2,305 2,082 1,712
Cash & Equivalents
388 429 447 562 353 305 362
Note & Lease Receivable
1,430 1,367 1,401 1,443 1,428 1,314 882
Accounts Receivable
240 242 224 234 255 200 208
Inventories, net
211 205 205 215 224 221 211
Prepaid Expenses
48 48 37 44 44 42 50
Plant, Property, & Equipment, net
279 252 253 249 247 240 230
Total Noncurrent Assets
1,037 1,131 1,074 1,204 1,215 1,231 1,127
Long-Term Investments
78 73 58 39 240 306 264
Noncurrent Note & Lease Receivables
237 323 349 475 463 496 419
Goodwill
146 149 149 149 148 126 125
Intangible Assets
102 106 110 118 123 91 98
Noncurrent Deferred & Refundable Income Taxes
81 80 - - - - -
Other Noncurrent Operating Assets
393 401 409 423 242 212 220
Total Liabilities & Shareholders' Equity
3,634 3,675 3,641 3,951 3,767 3,553 3,069
Total Liabilities
2,550 2,561 2,640 3,016 2,851 2,733 2,321
Total Current Liabilities
1,821 1,821 1,865 2,088 1,975 1,868 1,445
Accounts Payable
155 152 143 132 136 120 136
Accrued Expenses
99 98 98 138 136 107 120
Customer Deposits
1,475 1,476 1,526 1,722 1,613 1,572 1,117
Other Current Liabilities
92 95 98 95 90 67 72
Total Noncurrent Liabilities
730 740 775 928 876 865 876
Long-Term Debt
120 84 101 207 211 214 236
Noncurrent Deferred & Payable Income Tax Liabilities
35 26 19 5.97 16 48 31
Noncurrent Employee Benefit Liabilities
43 43 44 84 90 88 64
Other Noncurrent Operating Liabilities
531 587 610 632 559 516 544
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,084 1,114 1,001 935 916 820 748
Total Preferred & Common Equity
1,043 1,068 954 886 866 819 746
Total Common Equity
1,043 1,068 954 886 866 819 746
Common Stock
1,164 1,191 1,076 1,038 1,017 969 883
Accumulated Other Comprehensive Income / (Loss)
-121 -123 -122 -153 -151 -151 -137
Noncontrolling Interest
41 45 48 49 50 1.20 1.17

Annual Metrics And Ratios for Steel Partners

This table displays calculated financial ratios and metrics derived from Steel Partners' 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
6.42% 12.39% 11.18% 16.35% -9.92% -8.18% 15.49% 17.92% 20.57% 13.90% 17.49%
EBITDA Growth
29.90% -37.76% 23.36% 28.78% 6.35% 192.09% -36.90% 20.84% 29.27% 12.90% 34.09%
EBIT Growth
38.69% -45.57% 32.73% 44.03% 9.94% 1,595.56% -123.31% 80.15% -3.98% -7.53% 52.94%
NOPAT Growth
69.96% -24.82% 67.03% 20.32% -10.77% 1,931.71% 39.36% -618.36% -101.48% 10,264.26% -90.20%
Net Income Growth
76.12% -25.30% 55.50% 80.92% 4,425.74% 94.62% -623.79% 133.84% -98.36% 2,254.21% -116.22%
EPS Growth
76.98% -20.81% 63.38% 201.21% 2,850.00% 0.00% 0.00% 0.00% -94.98% 1,944.44% -142.86%
Operating Cash Flow Growth
1,611.82% 110.09% -370.32% -76.00% 194.03% 108.95% 434.50% -108.07% 1,512.41% -117.74% -17.82%
Free Cash Flow Firm Growth
120.03% -95.08% -76.42% 199.57% -4,329.23% 138.84% -160.95% 228.38% 136.30% -267.59% 231.98%
Invested Capital Growth
39.19% 31.97% -36.35% -72.89% 474.47% 20.08% 45.16% -45.25% -11.81% 104.90% -27.76%
Revenue Q/Q Growth
1.55% 2.38% -0.54% 6.51% -0.28% -2.43% 2.81% 1.24% 9.00% 2.72% 11.59%
EBITDA Q/Q Growth
2.07% -20.26% 4.41% -3.94% 13.05% 47.83% -9.67% 10.45% 26.81% 9.20% -13.50%
EBIT Q/Q Growth
2.47% -26.09% 5.93% -4.44% 20.13% 99.45% -1,225.69% 72.34% 75.97% 8.57% -37.42%
NOPAT Q/Q Growth
9.76% -19.04% 14.65% -10.32% -31.04% 186.90% 79.60% -16.77% -101.55% 1,322.46% -96.81%
Net Income Q/Q Growth
13.33% -16.48% 26.75% -34.52% 218.63% -143.56% -65.74% 629.61% -96.85% 150.60% -110.08%
EPS Q/Q Growth
16.60% -15.62% 23.22% -28.49% 159.35% 0.00% 0.00% 0.00% 0.00% 144.12% -118.62%
Operating Cash Flow Q/Q Growth
-3.82% 115.16% -428.59% -12.15% -7.48% 58.40% -55.56% 31.28% 81.55% -127.94% 35.76%
Free Cash Flow Firm Q/Q Growth
-9.53% 18.74% -52.26% 434.75% -875.25% 198.01% -213.01% 146.61% 159.48% -423.27% 297.79%
Invested Capital Q/Q Growth
9.03% 6.77% 21.88% -40.08% 516.03% -13.72% -12.80% -54.85% -28.91% 16.22% -40.17%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
42.79% 39.39% 33.93% 34.15% 34.39% 34.57% 29.95% 30.14% 29.91% 30.57% 30.58%
EBITDA Margin
13.95% 11.43% 20.64% 18.60% 16.80% 14.23% 4.47% 8.19% 7.99% 7.45% 7.52%
Operating Margin
11.03% 8.46% 17.47% 14.63% 11.82% 9.68% -0.59% 2.95% 1.93% 2.42% 2.98%
EBIT Margin
11.03% 8.46% 17.47% 14.63% 11.82% 9.68% -0.59% 2.95% 1.93% 2.42% 2.98%
Profit (Net Income) Margin
13.37% 8.08% 12.16% 8.69% 5.59% -0.12% -1.99% 0.44% 0.22% 16.22% -0.86%
Tax Burden Percent
121.31% 95.53% 74.83% 66.00% 58.44% -1.66% 334.22% 14.87% 11.46% 669.98% -28.76%
Interest Burden Percent
100.00% 100.00% 93.03% 90.03% 80.95% 72.44% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
-23.82% -1.04% 26.84% 41.86% 30.41% 14.27% 0.00% 126.91% 106.75% -336.85% 96.10%
Return on Invested Capital (ROIC)
40.08% 32.09% 38.51% 8.05% 7.24% 29.86% -2.12% -3.04% -0.31% 26.15% 0.32%
ROIC Less NNEP Spread (ROIC-NNEP)
41.49% 34.33% 44.59% 8.33% 3.74% 193.28% 9.23% -9.12% -2.09% 8.69% 2.10%
Return on Net Nonoperating Assets (RNNOA)
-15.18% -15.04% -10.47% 13.90% 7.33% -30.21% -3.82% 3.98% 0.66% -3.86% -1.27%
Return on Equity (ROE)
24.90% 17.05% 28.04% 21.95% 14.57% -0.35% -5.94% 0.95% 0.36% 22.30% -0.95%
Cash Return on Invested Capital (CROIC)
7.31% 4.52% 82.94% 122.74% -133.45% 11.61% -38.96% 55.44% 12.24% -42.66% 32.55%
Operating Return on Assets (OROA)
5.91% 4.46% 10.02% 6.75% 4.94% 6.01% -0.42% 1.96% 1.23% 1.47% 1.68%
Return on Assets (ROA)
7.17% 4.26% 6.98% 4.01% 2.34% -0.07% -1.39% 0.29% 0.14% 9.86% -0.48%
Return on Common Equity (ROCE)
23.89% 16.59% 27.91% 21.76% 14.45% -0.35% -5.81% 0.81% 0.27% 16.71% -0.68%
Return on Equity Simple (ROE_SIMPLE)
23.95% 16.06% 25.76% 19.99% 13.71% -0.37% -6.44% 1.10% 0.47% 28.06% -1.47%
Net Operating Profit after Tax (NOPAT)
277 163 217 130 108 121 -6.60 -11 -1.51 102 0.99
NOPAT Margin
13.65% 8.55% 12.78% 8.51% 8.23% 8.30% -0.42% -0.79% -0.13% 10.58% 0.12%
Net Nonoperating Expense Percent (NNEP)
-1.41% -2.24% -6.08% -0.28% 3.50% -163.42% -11.35% 6.08% 1.79% 17.47% -1.78%
Return On Investment Capital (ROIC_SIMPLE)
21.41% 13.61% - - - - - - - - -
Cost of Revenue to Revenue
57.21% 60.61% 66.07% 65.85% 65.61% 65.43% 70.05% 69.86% 70.09% 69.43% 69.42%
SG&A Expenses to Revenue
26.98% 26.50% 22.61% 19.94% 22.19% 22.99% 22.26% 24.61% 24.26% 23.85% 22.23%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
31.77% 30.93% 16.47% 19.52% 22.57% 24.88% 30.55% 27.19% 27.98% 28.15% 27.59%
Earnings before Interest and Taxes (EBIT)
224 161 296 223 155 141 -9.42 40 22 23 25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
283 218 350 284 220 207 71 112 93 72 64
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.90 1.06 1.44 1.83 1.03 0.65 0.71 0.93 0.75 0.80 1.01
Price to Tangible Book Value (P/TBV)
1.15 1.46 1.98 3.07 2.25 1.95 2.87 2.88 2.66 1.40 1.52
Price to Revenue (P/Rev)
0.50 0.53 0.68 0.80 0.42 0.21 0.22 0.37 0.35 0.46 0.59
Price to Earnings (P/E)
3.91 6.72 5.58 9.24 7.60 0.00 0.00 0.00 61.92 3.26 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.97% 0.00% 0.00%
Earnings Yield
25.55% 14.87% 17.91% 10.82% 13.16% 0.00% 0.00% 0.00% 1.62% 30.72% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.86 1.10 1.80 1.80 1.01 0.52 0.62 0.85 0.70 0.78 1.28
Enterprise Value to Revenue (EV/Rev)
0.34 0.33 0.46 0.81 1.95 0.16 0.14 0.16 0.28 0.43 0.39
Enterprise Value to EBITDA (EV/EBITDA)
2.46 2.91 2.25 4.37 11.60 1.11 3.20 1.92 3.48 5.72 5.13
Enterprise Value to EBIT (EV/EBIT)
3.11 3.93 2.66 5.55 16.49 1.63 0.00 5.35 14.44 17.60 12.92
Enterprise Value to NOPAT (EV/NOPAT)
2.51 3.89 3.63 9.55 23.69 1.90 0.00 0.00 0.00 4.03 331.50
Enterprise Value to Operating Cash Flow (EV/OCF)
1.91 29.84 0.00 15.93 7.88 2.09 4.31 0.00 1.66 0.00 4.18
Enterprise Value to Free Cash Flow (EV/FCFF)
13.76 27.58 1.69 0.63 0.00 4.90 0.00 1.09 5.36 0.00 3.29
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.10 0.19 0.23 0.90 4.50 0.72 0.98 0.73 0.56 0.32 0.48
Long-Term Debt to Equity
0.10 0.19 0.22 0.90 4.48 0.69 0.97 0.73 0.47 0.32 0.45
Financial Leverage
-0.37 -0.44 -0.23 1.67 1.96 -0.16 -0.41 -0.44 -0.32 -0.44 -0.60
Leverage Ratio
3.47 4.00 4.02 5.47 6.23 4.89 4.27 3.25 2.53 2.26 1.96
Compound Leverage Factor
3.47 4.00 3.74 4.92 5.04 3.54 4.27 3.25 2.53 2.26 1.96
Debt to Total Capital
9.25% 15.99% 18.37% 47.49% 81.81% 42.01% 49.46% 42.24% 35.90% 24.43% 32.23%
Short-Term Debt to Total Capital
0.00% 0.00% 0.08% 0.09% 0.36% 1.99% 0.40% 0.21% 5.85% 0.35% 2.05%
Long-Term Debt to Total Capital
9.25% 15.99% 18.29% 47.39% 81.44% 40.02% 49.06% 42.03% 30.05% 24.08% 30.18%
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
3.17% 3.91% 0.13% 0.45% 0.15% 0.47% 0.38% 2.13% 14.15% 18.61% 17.27%
Common Equity to Total Capital
87.58% 80.11% 81.51% 52.07% 18.04% 57.51% 50.16% 55.63% 49.94% 56.96% 50.50%
Debt to EBITDA
0.42 0.88 0.52 2.13 11.01 1.63 6.80 3.69 4.24 3.33 4.96
Net Debt to EBITDA
-1.31 -1.96 -1.04 0.07 9.07 -0.37 -1.76 -2.80 -2.60 -3.01 -5.41
Long-Term Debt to EBITDA
0.42 0.88 0.51 2.13 10.96 1.56 6.74 3.67 3.55 3.28 4.64
Debt to NOPAT
0.43 1.17 0.83 4.66 22.49 2.80 -73.08 -38.13 -260.53 2.34 320.65
Net Debt to NOPAT
-1.33 -2.63 -1.68 0.14 18.53 -0.63 18.92 28.89 159.87 -2.12 -350.11
Long-Term Debt to NOPAT
0.43 1.17 0.83 4.66 22.39 2.67 -72.49 -37.94 -218.05 2.31 300.21
Altman Z-Score
1.24 0.98 1.17 1.46 0.65 1.00 0.97 1.17 1.10 1.19 1.31
Noncontrolling Interest Sharing Ratio
4.03% 2.66% 0.47% 0.85% 0.83% 0.78% 2.33% 13.88% 23.39% 25.03% 27.68%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.34 1.27 1.09 1.80 1.55 1.16 1.57 2.00 1.97 2.24 2.76
Quick Ratio
1.21 1.15 0.94 1.47 1.18 0.92 1.27 1.65 1.63 1.70 1.99
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
51 23 467 1,979 -1,987 47 -121 198 60 -166 99
Operating Cash Flow to CapEx
577.83% 42.78% -454.06% 171.50% 1,602.34% 286.13% 128.11% -39.68% 10,096.95% -109.88% 296.57%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 22.60 88.92 -67.33 1.21 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 -10.18 3.50 10.98 2.84 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 -12.42 1.46 10.30 1.85 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.54 0.53 0.57 0.46 0.42 0.62 0.70 0.66 0.64 0.61 0.56
Accounts Receivable Turnover
9.13 9.50 8.88 8.40 7.75 7.62 7.95 7.79 8.34 9.45 9.52
Inventory Turnover
5.83 5.55 5.62 6.25 6.02 6.20 7.36 7.32 7.37 8.06 9.48
Fixed Asset Turnover
7.66 7.74 7.16 6.57 5.47 5.31 5.57 5.14 4.50 4.39 4.62
Accounts Payable Turnover
8.80 9.56 9.54 8.73 8.89 9.76 10.41 9.72 10.80 13.57 15.80
Days Sales Outstanding (DSO)
40.00 38.43 41.09 43.46 47.10 47.91 45.93 46.83 43.78 38.62 38.33
Days Inventory Outstanding (DIO)
62.60 65.80 64.90 58.41 60.60 58.91 49.57 49.86 49.56 45.31 38.52
Days Payable Outstanding (DPO)
41.48 38.16 38.25 41.81 41.07 37.41 35.07 37.54 33.80 26.91 23.10
Cash Conversion Cycle (CCC)
61.11 66.07 67.75 60.06 66.63 69.41 60.43 59.14 59.54 57.02 53.75
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
804 578 438 688 2,536 442 368 253 463 525 256
Invested Capital Turnover
2.94 3.75 3.01 0.95 0.88 3.60 5.10 3.83 2.36 2.47 2.78
Increase / (Decrease) in Invested Capital
226 140 -250 -1,849 2,095 74 114 -209 -62 269 -98
Enterprise Value (EV)
695 633 787 1,239 2,554 230 227 216 324 411 327
Market Capitalization
1,024 1,014 1,150 1,215 552 302 348 509 411 445 502
Book Value per Share
$59.02 $44.99 $36.95 $31.38 $21.21 $18.50 $19.01 $20.99 $20.98 $20.96 $17.96
Tangible Book Value per Share
$46.36 $32.65 $26.77 $18.71 $9.73 $6.18 $4.72 $6.79 $5.89 $11.92 $11.99
Total Capital
1,293 1,197 982 1,274 2,964 805 974 982 1,099 980 980
Total Debt
120 191 180 605 2,424 338 482 415 394 239 316
Total Long-Term Debt
120 191 180 604 2,414 322 478 413 330 236 296
Net Debt
-370 -428 -364 19 1,997 -76 -125 -314 -242 -216 -345
Capital Expenditures (CapEx)
63 50 46 45 20 39 41 40 1.94 13 26
Debt-free, Cash-free Net Working Capital (DFCFNWC)
221 -16 -78 245 161 32 51 23 -2.36 113 76
Debt-free Net Working Capital (DFNWC)
625 562 157 570 297 170 399 516 514 402 424
Net Working Capital (NWC)
625 562 156 569 286 154 396 514 450 398 404
Net Nonoperating Expense (NNE)
5.62 8.88 10 -2.87 35 123 25 -17 -4.09 -54 8.25
Net Nonoperating Obligations (NNO)
-370 -428 -364 19 1,997 -25 -125 -314 -242 -216 -408
Total Depreciation and Amortization (D&A)
59 57 54 61 65 66 80 72 71 49 38
Debt-free, Cash-free Net Working Capital to Revenue
10.89% -0.82% -4.58% 16.06% 12.30% 2.19% 3.20% 1.68% -0.20% 11.74% 8.93%
Debt-free Net Working Capital to Revenue
30.84% 29.51% 9.25% 37.40% 22.67% 11.69% 25.21% 37.59% 44.18% 41.62% 50.09%
Net Working Capital to Revenue
30.84% 29.51% 9.21% 37.32% 21.84% 10.59% 24.96% 37.44% 38.65% 41.26% 47.71%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$13.07 $7.04 $9.03 $6.09 $0.00 $0.16 ($1.25) $0.00 $0.25 $5.00 ($0.27)
Adjusted Weighted Average Basic Shares Outstanding
20.01M 21.43M 22.81M 21.56M 24.81M 24.96M 24.79M 26.05M 26.35M 27.32M 28.71M
Adjusted Diluted Earnings per Share
$11.38 $6.43 $8.12 $4.97 $1.65 $0.00 $0.00 $0.00 $0.25 $4.98 ($0.27)
Adjusted Weighted Average Diluted Shares Outstanding
24.05M 25.36M 26.87M 28.92M 51.39M 24.97M 24.79M 26.05M 26.49M 27.44M 28.71M
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 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
20.01M 21.43M 22.81M 21.56M 24.81M 24.96M 25.98M 26.05M 26.35M 27.32M 28.71M
Normalized Net Operating Profit after Tax (NOPAT)
157 113 219 130 109 135 -0.92 30 45 78 48
Normalized NOPAT Margin
7.74% 5.95% 12.92% 8.51% 8.32% 9.29% -0.06% 2.17% 3.85% 8.05% 5.72%
Pre Tax Income Margin
11.03% 8.46% 16.25% 13.17% 9.57% 7.02% -0.59% 2.95% 1.93% 2.42% 2.98%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 14.34 10.03 5.25 3.63 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 10.49 5.83 3.65 3.11 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 12.10 7.99 4.56 2.64 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 8.25 3.79 2.97 2.12 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
3.51% 6.26% 4.67% 7.27% 54.59% 0.00% 0.00% 65.25% 0.00% 0.00% 0.00%
Augmented Payout Ratio
9.48% 8.16% 8.85% 41.24% 82.51% 0.00% 0.00% 65.25% 815.09% 21.94% -1,188.90%

Quarterly Metrics And Ratios for Steel Partners

This table displays calculated financial ratios and metrics derived from Steel Partners' 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
6.64% 5.72% 6.43% 6.95% 10.48% 15.64% 13.48% 9.77% -2.14% 8.56%
EBITDA Growth
49.43% 52.20% 29.82% -1.33% -53.13% -28.80% -58.01% 75.60% 16.54% 22.50%
EBIT Growth
70.64% 76.72% 37.06% -4.65% -62.82% -40.07% -64.12% 131.55% 22.38% 38.11%
NOPAT Growth
132.72% 18.84% 96.91% 9.56% -53.00% -22.19% -31.92% 180.84% 63.31% 38.35%
Net Income Growth
74.72% 32.22% 113.16% 40.31% -41.58% -23.45% -36.37% 446.20% 147.17% 64.80%
EPS Growth
92.05% 44.74% 98.77% 37.61% -40.34% -21.38% -30.68% 445.00% 107.75% 57.61%
Operating Cash Flow Growth
-151.23% 53.75% 1,200.99% 509.26% 106.29% 56.33% 92.85% -262.49% -909.01% -3.55%
Free Cash Flow Firm Growth
-39.28% -5.75% -29.51% -397.87% -133.05% -118.21% -101.45% -98.12% -83.01% 217.17%
Invested Capital Growth
39.19% 36.30% 30.46% 40.99% 31.97% 50.64% 20.96% -3.10% -36.35% -68.70%
Revenue Q/Q Growth
-4.32% -2.39% 11.93% 2.02% -5.15% -1.73% 12.47% 5.38% -0.72% -3.56%
EBITDA Q/Q Growth
7.12% -15.29% 30.75% 7.36% 9.10% -27.75% -0.62% -40.17% 65.73% -57.39%
EBIT Q/Q Growth
8.23% -19.50% 40.14% 11.71% 12.09% -37.56% -2.51% -45.51% 80.70% -62.62%
NOPAT Q/Q Growth
112.38% -70.49% 248.33% -14.79% 8.45% -51.10% 93.80% -54.28% 79.56% -57.21%
Net Income Q/Q Growth
102.32% -70.49% 259.03% -18.49% 53.11% -52.42% 136.32% -66.06% 100.62% -60.45%
EPS Q/Q Growth
104.85% -65.98% 223.33% -14.77% 54.39% -53.28% 123.85% -63.05% 103.45% -58.81%
Operating Cash Flow Q/Q Growth
-104.81% 47.57% -65.08% 1,968.29% -85.58% 1,156.78% 87.02% 68.20% -458.33% 148.36%
Free Cash Flow Firm Q/Q Growth
7.21% -324.02% 72.71% -22.03% 29.54% -419.27% -162.76% -85.61% -61.17% -58.61%
Invested Capital Q/Q Growth
9.03% 5.89% 16.54% 0.81% 6.77% 1.35% 25.95% -3.17% 21.88% -18.62%
Profitability Metrics
- - - - - - - - - -
Gross Margin
44.37% 41.84% 42.70% 42.29% 41.55% 34.94% 41.59% 39.58% 31.81% 35.71%
EBITDA Margin
14.65% 13.08% 15.08% 12.91% 10.45% 9.09% 12.36% 13.99% 24.64% 14.76%
Operating Margin
11.54% 10.20% 12.37% 9.88% 7.21% 6.10% 9.61% 11.08% 21.44% 11.78%
EBIT Margin
11.54% 10.20% 12.37% 9.88% 7.21% 6.10% 9.61% 11.08% 21.44% 11.78%
Profit (Net Income) Margin
14.98% 7.09% 23.44% 7.31% 9.14% 5.67% 11.70% 5.57% 17.29% 8.56%
Tax Burden Percent
126.74% 69.44% 189.44% 76.20% 107.65% 92.81% 121.81% 57.18% 86.60% 80.91%
Interest Burden Percent
102.43% 100.00% 100.00% 97.04% 117.77% 100.00% 100.00% 87.87% 93.16% 89.81%
Effective Tax Rate
-36.27% 30.56% -89.44% 23.78% 0.08% -3.27% -31.86% 33.67% 20.96% 20.46%
Return on Invested Capital (ROIC)
46.17% 22.14% 75.02% 28.56% 27.05% 26.07% 46.63% 29.63% 51.06% 21.20%
ROIC Less NNEP Spread (ROIC-NNEP)
47.10% 22.14% 75.02% 28.82% 24.77% 26.87% 48.09% 32.21% 50.20% 16.72%
Return on Net Nonoperating Assets (RNNOA)
-17.24% -8.12% -29.55% -12.66% -10.85% -12.50% -19.49% -13.40% -11.79% 1.90%
Return on Equity (ROE)
28.93% 14.02% 45.46% 15.90% 16.20% 13.57% 27.14% 16.23% 39.27% 23.10%
Cash Return on Invested Capital (CROIC)
7.31% 8.74% 13.88% 1.85% 4.52% 4.30% 24.10% 58.27% 82.94% 129.75%
Operating Return on Assets (OROA)
6.18% 5.37% 6.55% 5.32% 3.80% 3.24% 5.21% 6.26% 12.30% 7.04%
Return on Assets (ROA)
8.03% 3.73% 12.40% 3.93% 4.82% 3.00% 6.35% 3.15% 9.92% 5.12%
Return on Common Equity (ROCE)
27.77% 13.39% 43.33% 15.47% 15.77% 13.16% 26.30% 16.20% 39.08% 22.99%
Return on Equity Simple (ROE_SIMPLE)
0.00% 22.95% 21.56% 17.20% 0.00% 20.82% 22.27% 27.66% 0.00% 21.79%
Net Operating Profit after Tax (NOPAT)
78 37 125 36 34 31 63 33 72 40
NOPAT Margin
15.73% 7.09% 23.44% 7.53% 7.21% 6.30% 12.67% 7.35% 16.94% 9.37%
Net Nonoperating Expense Percent (NNEP)
-0.93% 0.00% 0.00% -0.27% 2.29% -0.80% -1.46% -2.59% 0.86% 4.48%
Return On Investment Capital (ROIC_SIMPLE)
6.06% - - - 2.81% - - - - -
Cost of Revenue to Revenue
55.63% 58.16% 57.30% 57.71% 58.45% 65.06% 58.41% 60.42% 68.19% 64.29%
SG&A Expenses to Revenue
27.08% 26.38% 26.20% 28.40% 27.57% 25.38% 27.22% 25.81% 24.32% 22.00%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
32.83% 31.64% 30.33% 32.41% 34.34% 28.84% 31.98% 28.50% 10.37% 23.93%
Earnings before Interest and Taxes (EBIT)
57 53 66 47 34 30 48 49 91 50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
73 68 80 61 49 45 62 62 104 63
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.90 0.94 0.86 1.03 1.06 1.20 1.40 1.37 1.44 1.51
Price to Tangible Book Value (P/TBV)
1.15 1.24 1.13 1.42 1.46 1.72 2.03 1.86 1.98 2.16
Price to Revenue (P/Rev)
0.50 0.49 0.47 0.51 0.53 0.57 0.67 0.65 0.68 0.66
Price to Earnings (P/E)
3.91 4.30 4.22 6.14 6.72 5.84 6.26 4.95 5.58 6.98
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
25.55% 23.24% 23.72% 16.29% 14.87% 17.12% 15.98% 20.18% 17.91% 14.32%
Enterprise Value to Invested Capital (EV/IC)
0.86 0.92 0.78 1.05 1.10 1.33 1.64 1.71 1.80 2.07
Enterprise Value to Revenue (EV/Rev)
0.34 0.34 0.28 0.32 0.33 0.39 0.49 0.42 0.46 0.44
Enterprise Value to EBITDA (EV/EBITDA)
2.46 2.44 2.15 2.67 2.91 2.64 3.01 1.93 2.25 2.22
Enterprise Value to EBIT (EV/EBIT)
3.11 3.10 2.79 3.54 3.93 3.31 3.68 2.24 2.66 2.66
Enterprise Value to NOPAT (EV/NOPAT)
2.51 2.68 2.20 3.43 3.89 3.59 4.18 3.06 3.63 3.93
Enterprise Value to Operating Cash Flow (EV/OCF)
1.91 1.79 1.59 2.35 29.84 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
13.76 12.12 6.38 66.29 27.58 37.33 7.46 2.89 1.69 0.76
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.10 0.11 0.08 0.10 0.19 0.22 0.23 0.26 0.23 0.32
Long-Term Debt to Equity
0.10 0.11 0.08 0.10 0.19 0.22 0.23 0.26 0.22 0.32
Financial Leverage
-0.37 -0.37 -0.39 -0.44 -0.44 -0.47 -0.41 -0.42 -0.23 0.11
Leverage Ratio
3.47 3.76 3.67 3.95 4.00 4.17 4.04 4.16 4.02 4.22
Compound Leverage Factor
3.56 3.76 3.67 3.83 4.71 4.17 4.04 3.66 3.74 3.79
Debt to Total Capital
9.25% 9.98% 7.03% 9.18% 15.99% 18.16% 18.71% 20.77% 18.37% 24.06%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.03% 0.10% 0.08% 0.05%
Long-Term Debt to Total Capital
9.25% 9.98% 7.03% 9.18% 15.99% 18.14% 18.68% 20.67% 18.29% 24.02%
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
3.17% 3.39% 3.80% 4.31% 3.91% 4.33% 4.40% 0.12% 0.13% 0.12%
Common Equity to Total Capital
87.58% 86.63% 89.18% 86.51% 80.11% 77.51% 76.89% 79.11% 81.51% 75.82%
Debt to EBITDA
0.42 0.43 0.33 0.43 0.88 0.76 0.72 0.57 0.52 0.71
Net Debt to EBITDA
-1.31 -1.25 -1.64 -1.72 -1.96 -1.44 -1.31 -1.05 -1.04 -1.16
Long-Term Debt to EBITDA
0.42 0.43 0.33 0.43 0.88 0.76 0.72 0.57 0.51 0.71
Debt to NOPAT
0.43 0.48 0.34 0.55 1.17 1.03 1.00 0.91 0.83 1.25
Net Debt to NOPAT
-1.33 -1.37 -1.68 -2.20 -2.63 -1.96 -1.82 -1.67 -1.68 -2.06
Long-Term Debt to NOPAT
0.43 0.48 0.34 0.55 1.17 1.03 1.00 0.90 0.83 1.25
Altman Z-Score
1.08 0.99 0.96 0.95 0.88 0.83 0.88 0.85 0.96 1.01
Noncontrolling Interest Sharing Ratio
4.03% 4.47% 4.68% 2.67% 2.66% 3.01% 3.09% 0.15% 0.47% 0.47%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.34 1.27 1.26 1.24 1.27 1.20 1.17 1.11 1.09 1.18
Quick Ratio
1.21 1.13 1.12 1.11 1.15 1.07 1.03 0.97 0.94 1.00
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-148 -160 -38 -138 -106 -151 -29 46 322 828
Operating Cash Flow to CapEx
-56.48% 273.76% 846.28% 2,220.40% 71.10% 524.20% -48.77% -450.58% -874.24% 361.30%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 -98.89 0.00 0.00 0.00 7.73 51.89 162.08
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 141.65 0.00 0.00 0.00 -8.06 -24.48 8.29
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 135.27 0.00 0.00 0.00 -9.85 -27.28 5.99
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.54 0.53 0.53 0.54 0.53 0.53 0.54 0.57 0.57 0.60
Accounts Receivable Turnover
9.13 8.42 7.92 9.15 9.50 8.42 7.60 8.26 8.88 8.24
Inventory Turnover
5.83 5.43 5.46 5.45 5.55 5.50 5.15 5.36 5.62 5.92
Fixed Asset Turnover
7.66 7.56 7.90 7.85 7.74 7.77 7.55 7.41 7.16 7.69
Accounts Payable Turnover
8.80 8.07 8.16 8.83 9.56 8.75 8.02 8.09 9.54 8.34
Days Sales Outstanding (DSO)
40.00 43.37 46.07 39.88 38.43 43.36 48.05 44.21 41.09 44.32
Days Inventory Outstanding (DIO)
62.60 67.19 66.79 66.94 65.80 66.39 70.94 68.11 64.90 61.69
Days Payable Outstanding (DPO)
41.48 45.24 44.72 41.35 38.16 41.71 45.52 45.09 38.25 43.78
Cash Conversion Cycle (CCC)
61.11 65.32 68.14 65.47 66.07 68.04 73.47 67.23 67.75 62.23
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
804 737 696 597 578 541 534 424 438 359
Invested Capital Turnover
2.94 3.12 3.20 3.79 3.75 4.14 3.68 4.03 3.01 2.26
Increase / (Decrease) in Invested Capital
226 196 163 174 140 182 92 -14 -250 -788
Enterprise Value (EV)
695 677 545 628 633 722 877 726 787 743
Market Capitalization
1,024 982 917 984 1,014 1,066 1,209 1,121 1,150 1,131
Book Value per Share
$59.02 $50.93 $52.38 $46.03 $44.99 $41.45 $39.98 $37.99 $36.95 $34.28
Tangible Book Value per Share
$46.36 $38.84 $39.91 $33.55 $32.65 $28.96 $27.46 $27.91 $26.77 $24.01
Total Capital
1,293 1,204 1,198 1,102 1,197 1,142 1,127 1,035 982 985
Total Debt
120 120 84 101 191 207 211 215 180 237
Total Long-Term Debt
120 120 84 101 191 207 211 214 180 236
Net Debt
-370 -346 -417 -404 -428 -394 -382 -396 -364 -389
Capital Expenditures (CapEx)
8.66 37 8.15 8.89 13 13 13 11 17 12
Debt-free, Cash-free Net Working Capital (DFCFNWC)
221 109 42 1.62 -16 -152 -23 -89 -78 -94
Debt-free Net Working Capital (DFNWC)
625 497 471 448 562 410 330 216 157 268
Net Working Capital (NWC)
625 497 471 448 562 410 330 215 156 267
Net Nonoperating Expense (NNE)
3.71 0.00 0.00 1.07 -9.05 3.14 4.84 7.94 -1.48 3.45
Net Nonoperating Obligations (NNO)
-370 -346 -417 -404 -428 -394 -382 -396 -364 -389
Total Depreciation and Amortization (D&A)
15 15 14 14 15 15 14 13 14 13
Debt-free, Cash-free Net Working Capital to Revenue
10.89% 5.47% 2.14% 0.08% -0.82% -8.16% -1.30% -5.15% -4.58% -5.51%
Debt-free Net Working Capital to Revenue
30.84% 24.91% 23.92% 23.15% 29.51% 22.05% 18.38% 12.43% 9.25% 15.70%
Net Working Capital to Revenue
30.84% 24.91% 23.92% 23.15% 29.51% 22.03% 18.36% 12.37% 9.21% 15.67%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$3.87 $1.83 $5.72 $1.65 $1.94 $1.20 $2.75 $1.15 $3.22 $1.57
Adjusted Weighted Average Basic Shares Outstanding
20.01M 19.93M 20.33M 20.76M 21.43M 21.30M 21.51M 21.69M 22.81M 23.15M
Adjusted Diluted Earnings per Share
$3.38 $1.65 $4.85 $1.50 $1.76 $1.14 $2.44 $1.09 $2.95 $1.45
Adjusted Weighted Average Diluted Shares Outstanding
24.05M 23.99M 24.62M 24.81M 25.36M 25.08M 25.46M 25.54M 26.87M 27.25M
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
20.01M 19.93M 20.33M 20.76M 21.43M 21.30M 21.51M 21.69M 22.81M 23.15M
Normalized Net Operating Profit after Tax (NOPAT)
40 37 46 36 34 21 34 33 72 42
Normalized NOPAT Margin
8.08% 7.16% 8.66% 7.53% 7.21% 4.27% 6.77% 7.35% 16.99% 9.83%
Pre Tax Income Margin
11.82% 10.20% 12.37% 9.59% 8.50% 6.10% 9.61% 9.74% 19.97% 10.58%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 33.76 0.00 0.00 0.00 8.25 14.62 9.81
NOPAT to Interest Expense
0.00 0.00 0.00 25.73 0.00 0.00 0.00 5.47 11.55 7.80
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 27.38 0.00 0.00 0.00 6.46 11.82 7.52
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 19.35 0.00 0.00 0.00 3.68 8.75 5.51
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
3.51% 3.99% 4.16% 5.86% 6.26% 5.22% 4.99% 4.25% 4.67% 5.92%
Augmented Payout Ratio
9.48% 10.81% 10.17% 7.66% 8.16% 6.73% 4.99% 4.25% 8.85% 38.90%

Frequently Asked Questions About Steel Partners' Financials

When does Steel Partners's financial year end?

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

How has Steel Partners' net income changed over the last 10 years?

Steel Partners' net income appears to be on an upward trend, with a most recent value of $271.22 million in 2024, falling from -$7.27 million in 2014. The previous period was $154.00 million in 2023.

What is Steel Partners's operating income?
Steel Partners's total operating income in 2024 was $223.58 million, based on the following breakdown:
  • Total Gross Profit: $867.75 million
  • Total Operating Expenses: $644.17 million
How has Steel Partners revenue changed over the last 10 years?

Over the last 10 years, Steel Partners' total revenue changed from $847.26 million in 2014 to $2.03 billion in 2024, a change of 139.3%.

How much debt does Steel Partners have?

Steel Partners' total liabilities were at $2.41 billion at the end of 2024, a 19.4% decrease from 2023, and a 191.2% increase since 2014.

How much cash does Steel Partners have?

In the past 10 years, Steel Partners' cash and equivalents has ranged from $135.79 million in 2020 to $577.93 million in 2023, and is currently $404.44 million as of their latest financial filing in 2024.

How has Steel Partners' book value per share changed over the last 10 years?

Over the last 10 years, Steel Partners' book value per share changed from 17.96 in 2014 to 59.02 in 2024, a change of 228.6%.



This page (NYSE:SPLP) was last updated on 5/30/2025 by MarketBeat.com Staff
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