SolarWinds (SWI) Financials

$18.49 0.00 (0.00%)

As of 04/17/2025

Annual Income Statements for SolarWinds

This table shows SolarWinds' 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
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
Net Income / (Loss) Attributable to Common Shareholders	112	-9.11	-929	-51	158	19	365	-352
Consolidated Net Income / (Loss)	112	-9.11	-929	-51	158	19	-102	-84
Net Income / (Loss) Continuing Operations	112	-9.11	-929	-64	116	-25	-102	-84
Total Pre-Tax Income	104	34	-908	-97	-24	-28	-122	-61
Total Operating Income	208	150	-820	-33	52	80	115	70
Total Gross Profit	714	672	623	492	505	471	586	496
Total Revenue	797	759	719	719	717	669	833	728
Operating Revenue	797	759	719	719	717	669	833	728
Total Cost of Revenue	83	87	96	227	211	198	247	232
Operating Cost of Revenue	83	87	96	227	211	198	247	232
Total Operating Expenses	505	521	1,443	524	453	391	471	427
Selling, General & Admin Expense	126	124	149	131	98	74	81	67
Marketing Expense	225	249	258	236	218	194	227	206
Research & Development Expense	109	100	92	102	86	76	96	87
Amortization Expense	46	48	52	55	51	47	67	67
Impairment Charge	0.00	0.00	891	0.00	0.00	-	-	-
Total Other Income / (Expense), net	-105	-116	-88	-64	-76	-108	-237	-131
Interest & Investment Income	-104	-116	-83	-65	-76	-108	-142	-170
Other Income / (Expense), net	-0.82	-0.39	-5.07	0.45	-0.47	0.01	-95	39
Income Tax Expense	-8.10	43	21	-32	-140	-3.15	-20	22
Basic Earnings per Share	$0.66	($0.06)	($5.78)	($0.33)	$1.01	$0.12	$2.60	($3.50)
Weighted Average Basic Shares Outstanding	169.31M	164.63M	160.84M	158.04M	155.28M	153.38M	140.30M	100.43M
Diluted Earnings per Share	$0.64	($0.06)	($5.78)	($0.33)	$1.00	$0.12	$2.56	($3.50)
Weighted Average Diluted Shares Outstanding	174.49M	164.63M	160.84M	158.04M	157.78M	153.38M	142.54M	100.43M
Weighted Average Basic & Diluted Shares Outstanding	171.61M	166.67M	161.97M	160.46M	315.62M	311.36M	309.94M	-
Cash Dividends to Common per Share	$1.00	-	-	$1.50	-	-	-	-

This table shows SolarWinds' 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	73	13	11	16	-0.58	-3.17	0.26	-5.62	-10	-292
Consolidated Net Income / (Loss)	73	13	11	16	-0.58	-3.17	0.26	-5.62	-10	-292
Net Income / (Loss) Continuing Operations	73	13	11	16	-0.58	-3.17	0.26	-5.62	-10	-292
Total Pre-Tax Income	37	25	21	20	15	9.09	3.22	7.16	-0.88	-288
Total Operating Income	60	52	49	47	43	39	33	36	28	-262
Total Gross Profit	189	179	173	172	176	168	163	164	165	159
Total Revenue	210	200	193	193	198	190	185	186	187	179
Operating Revenue	210	200	193	193	198	190	185	186	187	179
Total Cost of Revenue	21	21	20	21	22	21	22	22	22	20
Operating Cost of Revenue	21	21	20	21	22	21	22	22	22	20
Total Operating Expenses	129	127	124	126	133	130	130	128	137	422
Selling, General & Admin Expense	32	33	30	31	33	31	34	26	33	43
Marketing Expense	58	57	55	55	64	60	60	66	67	65
Research & Development Expense	28	26	26	28	25	27	24	24	24	23
Amortization Expense	11	11	11	12	11	12	12	13	13	13
Total Other Income / (Expense), net	-23	-27	-28	-27	-29	-29	-29	-29	-29	-26
Interest & Investment Income	-23	-26	-28	-27	-29	-29	-29	-29	-26	-23
Other Income / (Expense), net	-0.10	-0.70	-0.06	0.05	-0.19	-0.12	0.01	-0.09	-3.21	-2.42
Income Tax Expense	-35	12	10	4.56	15	12	2.96	13	9.53	4.14
Basic Earnings per Share	$0.43	$0.07	$0.07	$0.09	($0.01)	($0.02)	$0.00	($0.03)	($0.06)	($1.81)
Weighted Average Basic Shares Outstanding	169.31M	169.97M	168.77M	167.42M	164.63M	165.28M	164.19M	162.77M	160.84M	161.11M
Diluted Earnings per Share	$0.42	$0.07	$0.06	$0.09	($0.01)	($0.02)	$0.00	($0.03)	($0.06)	($1.81)
Weighted Average Diluted Shares Outstanding	174.49M	173.90M	172.56M	171.17M	164.63M	165.28M	165.39M	162.77M	160.84M	161.11M
Weighted Average Basic & Diluted Shares Outstanding	171.61M	170.57M	169.41M	168.19M	166.67M	165.85M	164.74M	163.70M	161.97M	161.67M

This table details how cash moves in and out of SolarWinds' 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
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
Net Change in Cash & Equivalents	-33	163	-610	362	197	-209	110	176
Net Cash From Operating Activities	188	183	155	118	273	210	254	233
Net Cash From Continuing Operating Activities	188	183	155	118	273	210	254	233
Net Income / (Loss) Continuing Operations	112	-9.11	-929	-64	116	-25	-102	-84
Consolidated Net Income / (Loss)	112	-9.11	-929	-	-	-	-102	-84
Depreciation Expense	74	82	95	230	221	209	258	251
Amortization Expense	8.60	11	9.06	9.10	9.17	9.23	12	19
Non-Cash Adjustments To Reconcile Net Income	81	87	980	58	66	28	105	-38
Changes in Operating Assets and Liabilities, net	-88	13	0.21	-114	-139	-12	-19	84
Net Cash From Investing Activities	-23	4.44	-54	-28	-164	-459	-68	-34
Net Cash From Continuing Investing Activities	-23	4.44	-54	-13	-164	-459	-68	-34
Purchase of Property, Plant & Equipment	-20	-18	-21	-14	-17	-11	-16	-7.59
Acquisitions	-0.47	-0.24	-6.75	0.19	-147	-451	-63	-29
Purchase of Investments	-32	-8.39	-67	0.00	0.00	-	-	-
Sale and/or Maturity of Investments	30	31	40	0.00	0.00	3.04	11	2.00
Other Investing Activities, net	0.00	0.56	0.44	0.00	0.00	-	-	-
Net Cash From Financing Activities	-197	-25	-709	238	-26	-26	-76	-35
Net Cash From Continuing Financing Activities	-197	-25	-709	239	-26	-26	-76	-35
Repayment of Debt	-16	-9.34	-701	-21	-20	-55	-1,057	-38
Repurchase of Common Equity	-26	-19	-11	-14	-12	-7.43	-4.24	-0.93
Payment of Dividends	-168	0.00	0.00	-237	0.00	0.00	-	-
Issuance of Debt	10	0.00	0.00	-	-	35	627	3.50
Issuance of Common Equity	3.26	3.38	3.15	5.66	5.40	1.08	359	0.31
Other Financing Activities, net	0.05	0.14	0.06	506	1.06	0.62	0.02	0.00
Other Net Changes in Cash	-1.08	-0.30	-1.38	34	-	68	-	13
Cash Interest Paid	105	112	80	56	67	101	143	147
Cash Income Taxes Paid	62	41	33	44	55	48	8.95	-32

This table details how cash moves in and out of SolarWinds' 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	59	34	-146	20	52	55	48	7.44	-320	-281
Net Cash From Operating Activities	73	42	37	36	65	68	49	0.80	48	25
Net Cash From Continuing Operating Activities	73	42	37	36	65	68	49	0.80	48	25
Net Income / (Loss) Continuing Operations	73	13	11	16	-0.58	-3.17	0.26	-5.62	-10	-292
Consolidated Net Income / (Loss)	73	13	11	16	-0.58	-3.17	0.26	-5.62	-10	-292
Depreciation Expense	18	18	19	19	19	20	21	22	21	20
Amortization Expense	1.47	1.77	2.70	2.66	2.67	2.69	2.70	2.67	2.26	2.26
Non-Cash Adjustments To Reconcile Net Income	21	21	20	19	20	19	25	23	21	304
Changes in Operating Assets and Liabilities, net	-41	-11	-16	-20	24	30	-0.01	-41	14	-8.66
Net Cash From Investing Activities	-6.18	0.24	-8.54	-8.59	-6.31	-7.11	5.74	12	20	-0.70
Net Cash From Continuing Investing Activities	-6.18	0.24	-8.54	-8.59	-6.31	-7.11	5.74	12	20	-0.70
Purchase of Property, Plant & Equipment	-4.73	-4.35	-6.21	-4.72	-4.80	-5.09	-4.72	-3.43	-15	-2.04
Acquisitions	-0.23	-0.06	-0.12	-0.05	-0.07	-0.06	-0.06	-0.05	11	-3.59
Purchase of Investments	-7.42	-6.12	-11	-8.31	-4.44	-2.96	-0.99	0.00	-	-11
Sale and/or Maturity of Investments	6.20	11	8.42	4.50	3.00	1.00	12	15	24	16
Net Cash From Financing Activities	-5.98	-9.17	-174	-7.72	-7.22	-5.97	-6.19	-5.27	-388	-305
Net Cash From Continuing Financing Activities	-5.98	-9.17	-174	-7.72	-7.22	-5.97	-6.19	-5.27	-388	-305
Repurchase of Common Equity	-5.98	-6.25	-5.98	-8.29	-4.13	-4.53	-3.18	-6.99	-2.01	-1.20
Other Financing Activities, net	0.01	0.03	0.00	0.01	0.03	0.00	0.10	0.01	0.00	0.02
Cash Interest Paid	24	27	27	27	29	28	28	27	25	24
Cash Income Taxes Paid	9.82	7.91	33	11	8.49	8.34	18	6.57	7.94	5.76

This table presents SolarWinds' 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
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
Total Assets	3,168	3,251	3,200	4,792	5,710	5,311	5,195	5,327
Total Current Assets	404	421	307	859	513	320	500	389
Cash & Equivalents	252	285	122	732	271	173	383	278
Short-Term Investments	7.47	4.48	27	0.00	-	-	-	-
Accounts Receivable	113	103	100	95	86	122	101	85
Prepaid Expenses	29	28	57	31	20	23	16	24
Current Deferred & Refundable Income Taxes	1.85	0.46	0.99	1.11	1.01	1.12	0.89	1.71
Plant, Property, & Equipment, net	16	20	27	30	39	39	36	34
Total Noncurrent Assets	2,749	2,810	2,866	3,904	5,159	4,952	4,658	4,904
Goodwill	2,363	2,398	2,380	3,308	3,375	4,058	3,684	3,696
Intangible Assets	129	184	244	343	566	772	956	1,194
Noncurrent Deferred & Refundable Income Taxes	175	133	135	144	147	4.53	6.87	4.43
Other Noncurrent Operating Assets	82	95	107	108	127	118	11	9.40
Total Liabilities & Shareholders' Equity	3,168	3,251	3,200	4,792	5,710	5,311	5,195	5,327
Total Liabilities	1,768	1,809	1,830	2,504	2,700	2,661	2,579	2,910
Total Current Liabilities	475	469	457	414	491	423	368	328
Short-Term Debt	12	12	9.34	20	20	20	20	17
Accounts Payable	7.45	9.70	14	7.33	12	14	9.74	9.66
Accrued Expenses	53	57	68	41	53	47	52	40
Current Deferred Revenue	343	345	338	328	337	312	270	242
Current Deferred & Payable Income Tax Liabilities	45	29	12	3.09	12	16	16	9.05
Other Current Liabilities	14	15	15	14	15	14	0.00	-
Other Current Nonoperating Liabilities	0.25	0.94	0.58	0.15	42	0.25	0.29	12
Total Noncurrent Liabilities	1,292	1,340	1,374	2,090	2,209	2,238	2,210	2,582
Long-Term Debt	1,194	1,191	1,193	1,871	1,883	1,893	1,904	2,246
Noncurrent Deferred Revenue	46	42	39	35	37	31	26	20
Noncurrent Deferred & Payable Income Tax Liabilities	1.70	1.93	8.58	17	55	98	147	168
Other Noncurrent Operating Liabilities	50	105	133	168	215	216	134	148
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,401	1,442	1,370	2,288	3,011	2,650	2,616	-730
Total Preferred & Common Equity	1,401	1,442	1,370	2,288	3,011	2,650	2,616	-730
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,401	1,442	1,370	2,288	3,011	2,650	2,616	-730
Common Stock	2,575	2,689	2,628	2,567	3,112	3,042	3,011	0.10
Retained Earnings	-1,107	-1,219	-1,210	-280	-229	-387	-412	-805
Accumulated Other Comprehensive Income / (Loss)	-68	-28	-48	1.31	127	-5.25	17	75

This table presents SolarWinds' 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	3,118	3,059	3,239	3,178	3,180	3,191	3,479
Total Current Assets	326	283	443	361	331	314	635
Cash & Equivalents	193	159	304	232	177	129	442
Short-Term Investments	6.18	11	8.38	2.98	1.00	12	51
Accounts Receivable	100	88	103	91	83	108	93
Prepaid Expenses	25	24	26	33	67	64	49
Current Deferred & Refundable Income Taxes	1.43	1.02	0.60	1.13	2.00	1.32	1.01
Plant, Property, & Equipment, net	17	19	19	20	21	23	27
Total Noncurrent Assets	2,775	2,757	2,777	2,796	2,829	2,854	2,816
Goodwill	2,406	2,380	2,384	2,372	2,387	2,389	2,328
Intangible Assets	144	155	169	197	213	228	256
Noncurrent Deferred & Refundable Income Taxes	138	134	133	133	137	137	125
Other Noncurrent Operating Assets	88	88	91	95	93	100	107
Total Liabilities & Shareholders' Equity	3,118	3,059	3,239	3,178	3,180	3,191	3,479
Total Liabilities	1,754	1,753	1,954	1,783	1,782	1,806	2,178
Total Current Liabilities	457	455	626	436	436	430	433
Short-Term Debt	9.27	12	9.27	12	12	12	20
Accounts Payable	9.41	9.51	9.54	9.00	11	8.85	9.59
Accrued Expenses	44	43	41	45	40	35	60
Current Deferred Revenue	335	332	344	328	332	344	313
Current Deferred & Payable Income Tax Liabilities	44	42	38	25	26	15	15
Other Current Liabilities	14	14	15	15	15	15	15
Other Current Nonoperating Liabilities	0.26	0.89	1.18	0.63	0.31	0.31	0.26
Total Noncurrent Liabilities	1,297	1,299	1,328	1,347	1,345	1,375	1,745
Long-Term Debt	1,196	1,195	1,196	1,191	1,192	1,192	1,564
Noncurrent Deferred Revenue	44	43	42	42	42	42	37
Noncurrent Deferred & Payable Income Tax Liabilities	1.96	1.90	1.90	7.02	5.00	10	6.79
Other Noncurrent Operating Liabilities	55	58	88	107	106	131	137
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,364	1,305	1,285	1,395	1,399	1,386	1,300
Total Preferred & Common Equity	1,364	1,305	1,285	1,395	1,399	1,386	1,300
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,364	1,305	1,285	1,395	1,399	1,386	1,300
Common Stock	2,562	2,546	2,532	2,672	2,654	2,639	2,613
Retained Earnings	-1,180	-1,192	-1,203	-1,218	-1,215	-1,215	-1,199
Accumulated Other Comprehensive Income / (Loss)	-18	-49	-44	-59	-41	-38	-113

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

Metric	2024	2023	2022	2021	2020	2019	2018	2017
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
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	5.03%	5.47%	0.10%	0.26%	7.12%	-19.68%	14.43%	0.00%
EBITDA Growth	19.62%	133.71%	-448.43%	-26.75%	-5.32%	2.71%	-23.20%	0.00%
EBIT Growth	38.41%	118.19%	-2,443.89%	-162.60%	-35.17%	293.52%	-81.26%	0.00%
NOPAT Growth	660.00%	93.01%	-2,393.32%	-162.91%	-34.57%	-30.67%	65.37%	0.00%
Net Income Growth	1,328.49%	99.02%	-1,707.92%	-132.44%	750.10%	118.26%	-21.70%	0.00%
EPS Growth	1,166.67%	98.96%	-1,651.52%	-133.00%	750.10%	118.26%	173.14%	0.00%
Operating Cash Flow Growth	2.63%	18.74%	30.84%	-56.81%	30.47%	-17.53%	9.22%	0.00%
Free Cash Flow Firm Growth	793.12%	-94.18%	187.51%	-80.47%	554.60%	-152.32%	0.00%	0.00%
Invested Capital Growth	-0.38%	-2.74%	-29.68%	-4.95%	-17.40%	5.58%	-5.80%	0.00%
Revenue Q/Q Growth	1.55%	1.48%	81.58%	-19.59%	8.30%	-26.16%	0.00%	0.00%
EBITDA Q/Q Growth	5.37%	7.66%	-2.11%	19.87%	11.44%	-21.74%	0.00%	0.00%
EBIT Q/Q Growth	8.96%	13.95%	2.49%	52.01%	-23.84%	-27.79%	0.00%	0.00%
NOPAT Q/Q Growth	146.47%	70.85%	4.48%	39.21%	-24.42%	-38.81%	0.00%	0.00%
Net Income Q/Q Growth	189.48%	51.92%	13.99%	-121.16%	306.50%	299.94%	0.00%	0.00%
EPS Q/Q Growth	204.76%	45.45%	13.21%	-122.15%	306.50%	299.94%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	4.15%	10.54%	8.14%	-16.65%	32.46%	-31.26%	-3.32%	0.00%
Free Cash Flow Firm Q/Q Growth	175.51%	123.94%	-12.57%	-78.23%	977.66%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-0.94%	-0.30%	1.29%	-1.73%	-14.94%	2.35%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	89.55%	88.53%	86.66%	68.41%	70.50%	70.39%	70.38%	68.17%
EBITDA Margin	36.46%	32.01%	-100.17%	28.78%	39.39%	44.57%	34.85%	51.93%
Operating Margin	26.15%	19.82%	-113.93%	-4.57%	7.29%	11.94%	13.83%	9.57%
EBIT Margin	26.05%	19.77%	-114.64%	-4.51%	7.22%	11.94%	2.44%	14.88%
Profit (Net Income) Margin	14.04%	-1.20%	-129.20%	-7.15%	22.11%	2.79%	-12.25%	-11.52%
Tax Burden Percent	107.81%	-26.68%	102.36%	53.03%	-657.52%	-66.10%	83.86%	136.44%
Interest Burden Percent	50.00%	22.76%	110.11%	299.04%	-46.54%	-35.31%	-599.62%	-56.75%
Effective Tax Rate	-7.81%	126.68%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	9.55%	-1.68%	-19.55%	-0.65%	0.91%	1.31%	1.88%	1.10%
ROIC Less NNEP Spread (ROIC-NNEP)	-2.56%	1.47%	-51.70%	-3.85%	11.26%	-0.96%	-8.45%	-5.54%
Return on Net Nonoperating Assets (RNNOA)	-1.68%	1.03%	-31.27%	-1.29%	4.69%	-0.60%	-5.94%	-4.57%
Return on Equity (ROE)	7.87%	-0.65%	-50.82%	-1.94%	5.60%	0.71%	-4.06%	-3.47%
Cash Return on Invested Capital (CROIC)	9.93%	1.09%	15.31%	4.42%	19.97%	-4.12%	7.85%	0.00%
Operating Return on Assets (OROA)	6.47%	4.65%	-20.64%	-0.62%	0.94%	1.52%	0.39%	2.03%
Return on Assets (ROA)	3.49%	-0.28%	-23.26%	-0.98%	2.88%	0.35%	-1.94%	-1.57%
Return on Common Equity (ROCE)	7.87%	-0.65%	-50.82%	-1.94%	5.60%	0.71%	-1.52%	1.05%
Return on Equity Simple (ROE_SIMPLE)	7.99%	-0.63%	-67.86%	-2.25%	5.26%	0.70%	-3.90%	11.49%
Net Operating Profit after Tax (NOPAT)	225	-40	-574	-23	37	56	81	49
NOPAT Margin	28.20%	-5.29%	-79.75%	-3.20%	5.10%	8.36%	9.68%	6.70%
Net Nonoperating Expense Percent (NNEP)	12.11%	-3.15%	32.15%	3.20%	-10.35%	2.27%	10.33%	6.64%
Return On Investment Capital (ROIC_SIMPLE)	8.62%	-1.52%	-22.31%	-	-	-	-	-
Cost of Revenue to Revenue	10.45%	11.47%	13.34%	31.59%	29.50%	29.61%	29.62%	31.83%
SG&A Expenses to Revenue	15.79%	16.31%	20.78%	18.23%	13.72%	11.11%	9.68%	9.24%
R&D to Revenue	13.63%	13.20%	12.83%	14.17%	11.96%	11.34%	11.56%	11.90%
Operating Expenses to Revenue	63.39%	68.71%	200.59%	72.98%	63.21%	58.45%	56.56%	58.60%
Earnings before Interest and Taxes (EBIT)	208	150	-825	-32	52	80	20	108
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	291	243	-721	207	282	298	290	378
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.74	1.32	1.02	0.91	1.33	1.86	1.40	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	3.05	2.52	1.94	2.89	5.59	7.36	4.39	0.52
Price to Earnings (P/E)	21.72	0.00	0.00	0.00	25.28	264.27	10.03	0.00
Dividend Yield	7.02%	0.00%	0.00%	11.47%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.60%	0.00%	0.00%	0.00%	3.96%	0.38%	9.97%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.44	1.20	1.01	0.94	1.56	1.52	1.25	1.25
Enterprise Value to Revenue (EV/Rev)	4.24	3.72	3.40	4.51	7.87	9.96	6.24	7.56
Enterprise Value to EBITDA (EV/EBITDA)	11.63	11.62	0.00	15.66	19.97	22.35	17.91	14.57
Enterprise Value to EBIT (EV/EBIT)	16.27	18.82	0.00	0.00	108.89	83.46	256.17	50.84
Enterprise Value to NOPAT (EV/NOPAT)	15.03	0.00	0.00	0.00	154.16	119.25	64.49	112.94
Enterprise Value to Operating Cash Flow (EV/OCF)	17.94	15.39	15.84	27.42	20.62	31.81	20.46	23.67
Enterprise Value to Free Cash Flow (EV/FCFF)	14.46	107.89	5.45	20.72	7.05	0.00	15.45	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.86	0.83	0.88	0.83	0.63	0.72	0.74	0.94
Long-Term Debt to Equity	0.85	0.83	0.87	0.82	0.63	0.71	0.73	0.93
Financial Leverage	0.66	0.70	0.60	0.33	0.42	0.62	0.70	0.83
Leverage Ratio	2.26	2.29	2.19	1.98	1.95	2.00	2.09	2.20
Compound Leverage Factor	1.13	0.52	2.41	5.93	-0.91	-0.70	-12.53	-1.25
Debt to Total Capital	46.28%	45.49%	46.74%	45.25%	38.72%	41.93%	42.38%	48.35%
Short-Term Debt to Total Capital	0.47%	0.47%	0.36%	0.48%	0.41%	0.44%	0.44%	0.36%
Long-Term Debt to Total Capital	45.80%	45.02%	46.38%	44.77%	38.32%	41.50%	41.94%	47.99%
Preferred Equity to Total Capital	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%	67.25%
Common Equity to Total Capital	53.72%	54.51%	53.26%	54.75%	61.28%	58.07%	57.62%	-15.59%
Debt to EBITDA	4.15	4.95	-1.67	9.14	6.74	6.42	6.63	5.98
Net Debt to EBITDA	3.26	3.76	-1.46	5.60	5.78	5.83	5.31	5.25
Long-Term Debt to EBITDA	4.11	4.90	-1.66	9.05	6.67	6.35	6.56	5.94
Debt to NOPAT	5.37	-29.99	-2.10	-82.17	52.02	34.23	23.86	46.40
Net Debt to NOPAT	4.22	-22.79	-1.84	-50.35	44.61	31.12	19.12	40.71
Long-Term Debt to NOPAT	5.32	-29.68	-2.08	-81.30	51.47	33.87	23.62	46.06
Altman Z-Score	0.78	0.48	-0.75	0.66	0.99	1.16	0.94	0.08
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	62.52%	130.19%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.85	0.90	0.67	2.08	1.04	0.76	1.36	1.18
Quick Ratio	0.78	0.84	0.55	2.00	0.73	0.70	1.31	1.10
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	234	26	449	156	800	-176	337	0.00
Operating Cash Flow to CapEx	940.93%	1,017.72%	753.69%	864.64%	1,619.75%	1,838.91%	1,593.87%	3,064.17%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.25	0.24	0.18	0.14	0.13	0.13	0.16	0.14
Accounts Receivable Turnover	7.35	7.45	7.37	7.96	6.91	6.02	8.97	8.55
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	44.71	32.77	25.53	20.90	18.38	17.89	23.78	21.28
Accounts Payable Turnover	9.72	7.33	8.98	23.03	16.15	16.84	25.44	24.00
Days Sales Outstanding (DSO)	49.66	48.99	49.55	45.87	52.82	60.68	40.67	42.68
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	37.57	49.81	40.64	15.85	22.60	21.68	14.35	15.21
Cash Conversion Cycle (CCC)	12.09	-0.82	8.91	30.02	30.22	39.00	26.32	27.47
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	2,348	2,357	2,423	3,447	3,626	4,390	4,158	4,414
Invested Capital Turnover	0.34	0.32	0.25	0.20	0.18	0.16	0.19	0.16
Increase / (Decrease) in Invested Capital	-8.98	-66	-1,023	-179	-764	232	-256	0.00
Enterprise Value (EV)	3,378	2,823	2,447	3,238	5,639	6,666	5,200	5,507
Market Capitalization	2,431	1,908	1,394	2,080	4,007	4,926	3,658	375
Book Value per Share	$8.21	$8.70	$8.47	$14.38	$9.59	$8.51	$8.44	($7.27)
Tangible Book Value per Share	($6.40)	($6.87)	($7.76)	($8.57)	($2.96)	($7.01)	($6.53)	($55.96)
Total Capital	2,607	2,645	2,572	4,179	4,913	4,563	4,540	4,680
Total Debt	1,207	1,203	1,202	1,891	1,903	1,913	1,924	2,263
Total Long-Term Debt	1,194	1,191	1,193	1,871	1,883	1,893	1,904	2,246
Net Debt	947	914	1,053	1,159	1,632	1,740	1,541	1,985
Capital Expenditures (CapEx)	20	18	21	14	17	11	16	7.59
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-319	-324	-289	-267	-229	-257	-231	-200
Debt-free Net Working Capital (DFNWC)	-59	-35	-140	465	41	-83	152	77
Net Working Capital (NWC)	-72	-47	-149	445	22	-103	132	60
Net Nonoperating Expense (NNE)	113	-31	356	28	-122	37	183	133
Net Nonoperating Obligations (NNO)	948	915	1,054	1,159	615	1,740	1,542	1,996
Total Depreciation and Amortization (D&A)	83	93	104	239	231	218	270	270
Debt-free, Cash-free Net Working Capital to Revenue	-40.00%	-42.73%	-40.14%	-37.19%	-31.99%	-38.35%	-27.67%	-27.51%
Debt-free Net Working Capital to Revenue	-7.45%	-4.62%	-19.45%	64.69%	5.78%	-12.44%	18.26%	10.64%
Net Working Capital to Revenue	-9.00%	-6.26%	-20.75%	61.92%	3.00%	-15.41%	15.87%	8.31%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.66	($0.06)	($5.78)	($0.33)	$0.56	$0.07	$2.84	($3.82)
Adjusted Weighted Average Basic Shares Outstanding	169.31M	164.63M	160.84M	158.04M	284.49M	281.02M	128.53M	92.00M
Adjusted Diluted Earnings per Share	$0.64	($0.06)	($5.78)	($0.33)	$0.55	$0.07	$2.79	($3.82)
Adjusted Weighted Average Diluted Shares Outstanding	174.49M	164.63M	160.84M	158.04M	289.08M	285.05M	130.58M	92.00M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.07	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	171.61M	166.67M	161.97M	160.46M	289.14M	285.23M	283.93M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	146	105	50	-23	37	56	81	49
Normalized NOPAT Margin	18.31%	13.87%	6.96%	-3.20%	5.10%	8.36%	9.68%	6.70%
Pre Tax Income Margin	13.03%	4.50%	-126.23%	-13.49%	-3.36%	-4.21%	-14.61%	-8.44%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	150.27%	0.00%	0.00%	-461.43%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	173.96%	-206.72%	-1.20%	-489.11%	7.65%	39.84%	-4.15%	-1.11%

This table displays calculated financial ratios and metrics derived from SolarWinds' 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	6.14%	5.50%	4.44%	3.94%	5.92%	5.68%	5.11%	5.15%	237.43%	-1.03%
EBITDA Growth	22.69%	16.81%	25.11%	13.99%	36.02%	125.05%	109.85%	27.33%	-23.66%	-523.33%
EBIT Growth	39.52%	32.75%	51.34%	31.35%	73.95%	114.50%	105.48%	217.10%	562.68%	-11,201.07%
NOPAT Growth	7,006.42%	293.23%	873.61%	228.98%	-108.68%	92.68%	100.63%	-451.11%	370.60%	-6,767.58%
Net Income Growth	12,716.32%	496.28%	4,170.77%	376.80%	94.47%	98.91%	100.04%	-20.65%	93.56%	-3,154.47%
EPS Growth	4,300.00%	450.00%	0.00%	400.00%	83.33%	98.90%	100.00%	0.00%	93.88%	-2,916.67%
Operating Cash Flow Growth	11.50%	-38.44%	-24.20%	4,439.92%	36.62%	170.59%	18.91%	-98.02%	32.18%	2,413.45%
Free Cash Flow Firm Growth	95.99%	31.78%	-64.86%	-85.08%	-93.81%	-98.40%	-77.00%	-12.49%	506.01%	23.61%
Invested Capital Growth	-0.38%	0.27%	-3.32%	-4.22%	-2.74%	-1.18%	-11.01%	-28.24%	-29.68%	-31.78%
Revenue Q/Q Growth	5.14%	3.51%	-0.03%	-2.44%	4.51%	2.46%	-0.51%	-0.58%	4.28%	1.91%
EBITDA Q/Q Growth	12.76%	0.48%	2.56%	5.59%	7.35%	7.62%	-6.55%	26.00%	119.77%	57.70%
EBIT Q/Q Growth	18.18%	3.15%	5.27%	8.73%	12.44%	17.59%	-8.63%	43.99%	109.37%	55.54%
NOPAT Q/Q Growth	352.72%	1.06%	-29.13%	2,229.93%	87.33%	-609.22%	109.39%	-243.28%	110.68%	56.00%
Net Income Q/Q Growth	478.12%	13.20%	-28.63%	2,801.22%	81.84%	-1,320.00%	104.63%	46.01%	96.44%	53.03%
EPS Q/Q Growth	500.00%	16.67%	-33.33%	1,000.00%	50.00%	0.00%	100.00%	50.00%	96.69%	53.23%
Operating Cash Flow Q/Q Growth	72.78%	13.48%	2.33%	-44.43%	-4.60%	39.73%	6,028.66%	-98.33%	88.96%	-38.60%
Free Cash Flow Firm Q/Q Growth	544.99%	-81.54%	-23.86%	116.24%	333.68%	-95.08%	-67.67%	-10.23%	12.02%	-29.25%
Invested Capital Q/Q Growth	-0.94%	1.11%	-0.10%	-0.44%	-0.30%	-2.51%	-1.02%	1.10%	1.29%	-12.20%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	89.91%	89.49%	89.52%	89.22%	88.97%	88.73%	88.13%	88.26%	88.44%	88.75%
EBITDA Margin	38.06%	35.49%	36.56%	35.63%	32.92%	32.05%	30.52%	32.49%	25.64%	-135.23%
Operating Margin	28.70%	25.84%	25.61%	24.26%	21.89%	20.32%	17.64%	19.27%	14.99%	-146.31%
EBIT Margin	28.65%	25.49%	25.58%	24.29%	21.79%	20.26%	17.65%	19.22%	13.27%	-147.66%
Profit (Net Income) Margin	34.55%	6.28%	5.75%	8.05%	-0.29%	-1.67%	0.14%	-3.02%	-5.57%	-162.89%
Tax Burden Percent	194.86%	50.26%	51.94%	77.33%	-3.93%	-34.90%	8.09%	-78.47%	1,181.73%	101.44%
Interest Burden Percent	61.90%	49.06%	43.25%	42.85%	33.98%	23.67%	9.84%	20.04%	-3.55%	108.75%
Effective Tax Rate	-94.86%	49.74%	48.06%	22.67%	103.93%	134.90%	91.91%	178.47%	0.00%	0.00%
Return on Invested Capital (ROIC)	18.94%	4.30%	4.32%	5.99%	-0.27%	-2.23%	0.41%	-3.76%	2.57%	-13.76%
ROIC Less NNEP Spread (ROIC-NNEP)	14.12%	2.95%	2.90%	4.04%	-0.16%	-1.23%	0.19%	-1.71%	-0.14%	-23.29%
Return on Net Nonoperating Assets (RNNOA)	9.25%	2.11%	2.22%	3.22%	-0.11%	-0.94%	0.13%	-1.03%	-0.09%	-14.63%
Return on Equity (ROE)	28.19%	6.41%	6.54%	9.21%	-0.38%	-3.17%	0.54%	-4.79%	2.48%	-28.39%
Cash Return on Invested Capital (CROIC)	9.93%	3.58%	6.01%	6.04%	1.09%	-4.60%	7.14%	13.90%	15.31%	17.43%
Operating Return on Assets (OROA)	7.11%	6.35%	6.35%	5.79%	5.13%	4.55%	3.59%	3.52%	2.39%	-14.07%
Return on Assets (ROA)	8.58%	1.57%	1.43%	1.92%	-0.07%	-0.38%	0.03%	-0.55%	-1.00%	-15.53%
Return on Common Equity (ROCE)	28.19%	6.41%	6.54%	9.21%	-0.38%	-3.17%	0.54%	-4.79%	2.48%	-28.39%
Return on Equity Simple (ROE_SIMPLE)	0.00%	2.83%	1.76%	0.94%	0.00%	-1.36%	-22.02%	-67.14%	0.00%	-83.10%
Net Operating Profit after Tax (NOPAT)	118	26	26	36	-1.70	-13	2.64	-28	20	-184
NOPAT Margin	55.92%	12.99%	13.30%	18.76%	-0.86%	-7.09%	1.43%	-15.12%	10.49%	-102.42%
Net Nonoperating Expense Percent (NNEP)	4.82%	1.36%	1.41%	1.95%	-0.11%	-1.00%	0.22%	-2.04%	2.72%	9.53%
Return On Investment Capital (ROIC_SIMPLE)	4.51%	-	-	-	-0.06%	-	-	-	0.76%	-
Cost of Revenue to Revenue	10.09%	10.51%	10.48%	10.78%	11.03%	11.27%	11.87%	11.74%	11.56%	11.26%
SG&A Expenses to Revenue	15.05%	16.28%	15.69%	16.20%	16.45%	16.40%	18.60%	13.77%	17.62%	23.72%
R&D to Revenue	13.32%	13.18%	13.66%	14.40%	12.61%	14.40%	13.01%	12.79%	12.96%	12.58%
Operating Expenses to Revenue	61.22%	63.66%	63.92%	64.96%	67.08%	68.41%	70.49%	68.99%	73.45%	235.06%
Earnings before Interest and Taxes (EBIT)	60	51	49	47	43	38	33	36	25	-265
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	80	71	71	69	65	61	56	60	48	-243
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.74	1.62	1.55	1.50	1.32	1.03	1.11	0.93	1.02	0.88
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
Price to Revenue (P/Rev)	3.05	2.82	2.62	2.52	2.52	1.92	2.10	1.76	1.94	2.90
Price to Earnings (P/E)	21.72	57.19	88.44	159.75	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	7.02%	7.66%	8.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.60%	1.75%	1.13%	0.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.44	1.36	1.31	1.20	1.20	1.02	1.06	0.96	1.01	0.94
Enterprise Value to Revenue (EV/Rev)	4.24	4.10	3.96	3.68	3.72	3.21	3.49	3.22	3.40	5.66
Enterprise Value to EBITDA (EV/EBITDA)	11.63	11.67	11.54	11.22	11.62	10.64	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	16.27	16.88	17.22	17.50	18.82	18.24	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	15.03	35.29	48.96	68.17	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	17.94	17.79	14.80	12.88	15.39	14.47	20.95	20.40	15.84	15.68
Enterprise Value to Free Cash Flow (EV/FCFF)	14.46	37.93	21.40	19.48	107.89	0.00	14.00	5.76	5.45	4.36
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.86	0.88	0.93	0.94	0.83	0.86	0.86	0.87	0.88	1.22
Long-Term Debt to Equity	0.85	0.88	0.92	0.93	0.83	0.85	0.85	0.86	0.87	1.20
Financial Leverage	0.66	0.72	0.76	0.80	0.70	0.76	0.71	0.60	0.60	0.63
Leverage Ratio	2.26	2.28	2.31	2.41	2.29	2.47	2.41	2.17	2.19	2.29
Compound Leverage Factor	1.40	1.12	1.00	1.03	0.78	0.58	0.24	0.44	-0.08	2.50
Debt to Total Capital	46.28%	46.90%	48.06%	48.39%	45.49%	46.32%	46.27%	46.51%	46.74%	54.92%
Short-Term Debt to Total Capital	0.47%	0.36%	0.49%	0.37%	0.47%	0.48%	0.48%	0.48%	0.36%	0.69%
Long-Term Debt to Total Capital	45.80%	46.54%	47.57%	48.02%	45.02%	45.84%	45.79%	46.02%	46.38%	54.23%
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	53.72%	53.10%	51.94%	51.61%	54.51%	53.68%	53.73%	53.49%	53.26%	45.08%
Debt to EBITDA	4.15	4.37	4.55	4.79	4.95	5.34	-15.49	-1.70	-1.67	-2.24
Net Debt to EBITDA	3.26	3.65	3.91	3.55	3.76	4.29	-13.20	-1.50	-1.46	-1.55
Long-Term Debt to EBITDA	4.11	4.34	4.50	4.76	4.90	5.28	-15.33	-1.68	-1.66	-2.22
Debt to NOPAT	5.37	13.22	19.29	29.12	-29.99	-8.75	-10.37	-2.16	-2.10	-2.64
Net Debt to NOPAT	4.22	11.03	16.58	21.56	-22.79	-7.04	-8.83	-1.91	-1.84	-1.82
Long-Term Debt to NOPAT	5.32	13.12	19.10	28.90	-29.68	-8.66	-10.26	-2.14	-2.08	-2.60
Altman Z-Score	0.62	0.48	0.39	0.29	0.37	0.19	0.21	0.11	0.12	-0.23
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	0.85	0.71	0.62	0.71	0.90	0.83	0.76	0.73	0.67	1.47
Quick Ratio	0.78	0.65	0.57	0.66	0.84	0.75	0.60	0.58	0.55	1.35
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	127	20	106	140	65	15	303	936	1,043	931
Operating Cash Flow to CapEx	1,538.04%	967.92%	598.03%	768.35%	1,361.33%	1,345.30%	1,038.12%	23.30%	320.03%	1,241.34%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.25	0.25	0.25	0.24	0.24	0.22	0.20	0.18	0.18	0.10
Accounts Receivable Turnover	7.35	8.19	9.03	7.27	7.45	8.13	8.83	7.06	7.37	4.56
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	44.71	41.74	38.75	36.40	32.77	31.56	30.24	28.33	25.53	12.74
Accounts Payable Turnover	9.72	9.12	8.25	9.35	7.33	9.34	9.28	10.32	8.98	11.35
Days Sales Outstanding (DSO)	49.66	44.56	40.44	50.22	48.99	44.92	41.32	51.68	49.55	79.99
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	37.57	40.01	44.23	39.02	49.81	39.08	39.32	35.36	40.64	32.16
Cash Conversion Cycle (CCC)	12.09	4.55	-3.80	11.20	-0.82	5.83	2.00	16.32	8.91	47.83
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,348	2,371	2,344	2,347	2,357	2,364	2,425	2,450	2,423	2,393
Invested Capital Turnover	0.34	0.33	0.32	0.32	0.32	0.31	0.29	0.25	0.25	0.13
Increase / (Decrease) in Invested Capital	-8.98	6.35	-81	-103	-66	-28	-300	-964	-1,023	-1,115
Enterprise Value (EV)	3,378	3,217	3,065	2,821	2,823	2,401	2,573	2,347	2,447	2,241
Market Capitalization	2,431	2,211	2,027	1,928	1,908	1,433	1,547	1,283	1,394	1,149
Book Value per Share	$8.21	$8.05	$7.76	$7.68	$8.70	$8.47	$8.54	$8.56	$8.47	$8.08
Tangible Book Value per Share	($6.40)	($7.00)	($7.31)	($7.57)	($6.87)	($7.12)	($7.34)	($7.60)	($7.76)	($7.98)
Total Capital	2,607	2,569	2,513	2,490	2,645	2,599	2,603	2,591	2,572	2,885
Total Debt	1,207	1,205	1,208	1,205	1,203	1,204	1,204	1,205	1,202	1,584
Total Long-Term Debt	1,194	1,196	1,195	1,196	1,191	1,191	1,192	1,192	1,193	1,564
Net Debt	947	1,006	1,038	892	914	969	1,026	1,064	1,053	1,092
Capital Expenditures (CapEx)	4.73	4.35	6.21	4.72	4.80	5.09	4.72	3.43	15	2.04
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-319	-321	-329	-487	-324	-297	-272	-245	-289	-271
Debt-free Net Working Capital (DFNWC)	-59	-122	-160	-174	-35	-62	-93	-104	-140	222
Net Working Capital (NWC)	-72	-131	-172	-183	-47	-74	-106	-116	-149	202
Net Nonoperating Expense (NNE)	45	13	15	21	-1.13	-10	2.38	-22	30	108
Net Nonoperating Obligations (NNO)	948	1,006	1,039	1,062	915	969	1,026	1,064	1,054	1,092
Total Depreciation and Amortization (D&A)	20	20	21	22	22	22	24	25	23	22
Debt-free, Cash-free Net Working Capital to Revenue	-40.00%	-40.95%	-42.52%	-63.53%	-42.73%	-39.75%	-36.82%	-33.58%	-40.14%	-68.33%
Debt-free Net Working Capital to Revenue	-7.45%	-15.56%	-20.62%	-22.70%	-4.62%	-8.29%	-12.66%	-14.26%	-19.45%	55.99%
Net Working Capital to Revenue	-9.00%	-16.74%	-22.21%	-23.91%	-6.26%	-9.95%	-14.35%	-15.97%	-20.75%	50.97%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.43	$0.07	$0.07	$0.09	($0.01)	($0.02)	$0.00	($0.03)	($0.06)	($1.81)
Adjusted Weighted Average Basic Shares Outstanding	169.31M	169.97M	168.77M	167.42M	164.63M	165.28M	164.19M	162.77M	160.84M	161.11M
Adjusted Diluted Earnings per Share	$0.42	$0.07	$0.06	$0.09	($0.01)	($0.02)	$0.00	($0.03)	($0.06)	($1.81)
Adjusted Weighted Average Diluted Shares Outstanding	174.49M	173.90M	172.56M	171.17M	164.63M	165.28M	165.39M	162.77M	160.84M	161.11M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	($0.06)	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	171.61M	170.57M	169.41M	168.19M	166.67M	165.85M	164.74M	163.70M	161.97M	161.67M
Normalized Net Operating Profit after Tax (NOPAT)	42	26	26	36	30	27	23	25	20	11
Normalized NOPAT Margin	20.09%	12.99%	13.30%	18.76%	15.32%	14.22%	12.35%	13.49%	10.49%	6.33%
Pre Tax Income Margin	17.73%	12.50%	11.06%	10.41%	7.40%	4.79%	1.74%	3.85%	-0.47%	-160.58%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	150.27%	435.01%	733.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	173.96%	498.78%	833.93%	166.75%	-206.72%	-88.17%	-4.34%	-1.26%	-1.20%	-1.17%

Frequently Asked Questions About SolarWinds' Financials

When does SolarWinds's fiscal year end?

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

How has SolarWinds' net income changed over the last 7 years?

SolarWinds' net income appears to be on an upward trend, with a most recent value of $111.90 million in 2024, falling from -$83.87 million in 2017. The previous period was -$9.11 million in 2023. Find out what analysts predict for SolarWinds in the coming months.

What is SolarWinds's operating income?

SolarWinds's total operating income in 2024 was $208.42 million, based on the following breakdown:

Total Gross Profit: $713.59 million
Total Operating Expenses: $505.17 million

How has SolarWinds revenue changed over the last 7 years?

Over the last 7 years, SolarWinds' total revenue changed from $728.02 million in 2017 to $796.90 million in 2024, a change of 9.5%.

How much debt does SolarWinds have?

SolarWinds' total liabilities were at $1.77 billion at the end of 2024, a 2.3% decrease from 2023, and a 39.3% decrease since 2017.

How much cash does SolarWinds have?

In the past 7 years, SolarWinds' cash and equivalents has ranged from $121.74 million in 2022 to $732.12 million in 2021, and is currently $251.85 million as of their latest financial filing in 2024.

How has SolarWinds' book value per share changed over the last 7 years?

Over the last 7 years, SolarWinds' book value per share changed from -7.27 in 2017 to 8.21 in 2024, a change of -213.0%.

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

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SolarWinds (SWI) Financials

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SolarWinds (SWI) Financials

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