Focus Financial Partners Inc. logo FOCS - Focus Financial Partners Inc.

Inactive Ticker FOCS is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 7
HOLD 8
SELL 0
STRONG
SELL 0
| PRICE TARGET: $56.00 DETAILS
HIGH: $75.00
LOW: $37.00
MEDIAN: $56.00
CONSENSUS: $56.00
UPSIDE: 5.68%
Annual Quarterly
Metric 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue 2,143.3 1,798.0 1,361.3 1,218.3 910.9 662.9 485.4 382.3
Cost of Revenue 1,260.2 1,082.6 825.7 736.2 590.8 429.2 293.0 241.4
Gross Profit 883.1 715.4 535.6 482.2 320.1 233.7 192.4 141.0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0
SG&A Expenses 376.4 297.6 236.4 232.9 170.3 134.6 98.6 79.1
Other Expenses 277.1 202.5 160.2 142.8 (2.4) (3.2) 1.4 0.3
Operating Expenses 653.5 500.1 396.6 375.7 269.0 205.7 155.3 119.8
Operating Income
Operating Income 215.3 211.9 119.8 103.9 44.4 5.8 38.3 21.3
Interest Expense 99.9 55.0 41.7 58.3 56.4 41.9 21.3 10.0
Interest Income 0.8 0.4 0.5 1.2 1.3 0.2 0.1 0.1
Profitability
EBITDA 476.4 411.1 296.8 245.3 145.8 93.5 93.5 60.5
EBIT 199.2 208.6 111.3 53.3 24.8 15.4 62.9 31.8
Income Before Tax 178.4 44.5 69.6 (5.0) (31.6) (49.9) 16.7 10.0
Income Tax Expense 53.1 20.1 20.7 7.0 9.4 (1.5) 1.0 0.6
Net Income 125.3 24.4 49.0 (12.0) (0.6) (48.4) 15.7 9.3
Per Share Data
EPS (Basic) 1.90 0.42 1.00 -0.26 -0.01 -0.77 0.25 0.15
EPS (Diluted) 1.90 0.42 1.00 -0.26 -0.01 -0.77 0.25 0.15
Shares Outstanding 65.6 57.3 48.7 46.8 43.1 62.6 62.6 62.6
Metric 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 140.0 310.7 65.9 65.2 33.2 51.5 16.5
Short-Term Investments 0 0 0 0 0 0 0
Net Receivables 217.2 198.8 169.2 129.3 98.6 73.5 43.1
Inventory 0 0 0 0 0 0 0
Other Current Assets 151.4 123.8 65.6 58.6 76.2 37.4 42.9
Total Current Assets 508.5 633.3 300.7 253.1 208.0 162.4 102.6
Non-Current Assets
Property, Plant & Equipment 313.4 297.0 279.0 221.7 24.8 21.4 15.3
Goodwill 2,167.9 1,925.3 1,255.6 1,090.2 860.5 515.5 316.5
Intangible Assets 1,639.1 1,581.7 1,113.5 1,003.5 762.2 522.3 309.1
Long-Term Investments 0 0 0 0 0 0 0
Other Non-Current Assets 7.6 4.3 7.0 9.6 12.3 13.3 9.5
Total Non-Current Assets 4,358.2 4,075.7 2,762.2 2,400.5 1,729.8 1,072.4 650.4
Total Assets 4,866.8 4,709.0 3,062.9 2,653.6 1,937.8 1,234.8 752.9
Current Liabilities
Account Payables 12.2 11.6 9.6 8.1 8.9 5.8 6.9
Short-Term Debt 2,510.7 2,393.7 1,507.1 1,273.0 0 980.5 457
Deferred Revenue 10.7 10.9 9.2 7.8 6.2 6.1 4.4
Other Current Liabilities (2,221.9) (2,116.3) (1,456.3) 100.0 912.5 57.3 50.5
Total Current Liabilities 2,685.3 2,594.5 1,646.2 1,389.0 927.6 1,049.7 518.8
Non-Current Liabilities
Long-Term Debt 0 0 0 0 836.6 980.5 457
Deferred Tax Liabilities 29.6 32.0 0 48.4 39.2 (121.8) (8.9)
Other Non-Current Liabilities 3,222.0 3,040.2 2,134.4 404.5 (678.1) (144.6) 25.8
Total Non-Current Liabilities 878.1 997.1 557.8 460.7 197.7 963.8 496.0
Total Liabilities 3,563.5 3,591.6 2,204.0 1,849.7 1,125.3 2,013.5 1,014.8
Stockholders' Equity
Common Stock 0.8 0.8 0.7 0.7 0.7 0 0
Retained Earnings 116.8 25.0 14.6 (13.5) (0.6) 0 0
Accumulated Other Comprehensive Income 18.3 3.0 (2.2) (1.3) (1.8) 0 0
Total Stockholders' Equity 1,053.9 870.5 539.8 484.1 469.7 (778.7) (261.9)
Total Liabilities & Equity 4,866.8 4,709.0 3,062.9 2,653.6 1,937.8 1,234.8 752.9
Debt Metrics
Total Debt 2,799.6 2,671.0 1,760.4 1,469.4 836.6 980.5 457
Net Debt 2,659.7 2,360.3 1,694.6 1,404.2 803.4 929.0 440.5
Metric 2022 2021 2020 2019 2018 2017 2016 2015
Operating Activities
Net Income 125.3 24.4 49.0 (12.0) (41.1) (48.4) 15.7 9.3
Depreciation & Amortization 277.1 202.5 160.2 141.4 98.8 71.1 56.6 40.7
Stock-Based Compensation 30.5 31.6 22.3 18.3 44.5 34.9 8.5 13.5
Change in Working Capital (118.6) (53.0) (51.0) (10.5) (32.6) (18.6) (5.1) (4.4)
Other Non-Cash Items (57.9) 117.0 28.2 54.0 16.8 30.1 1.4 1.9
Operating Cash Flow 288.6 313.9 211.4 194.8 105.9 69.1 77.2 61.1
Investing Activities
Capital Expenditure (21.0) (11.0) (19.3) (25.5) (9.1) (10.5) (3.4) (6.4)
Acquisitions (461.5) (979.1) (348.7) (532.5) (413.0) (365.7) (171.2) (105.4)
Purchases of Investments 0 0 0 556.5 (24.3) (0.5) (12.9) (3.1)
Sales/Maturities of Investments 0 0 0 1.5 376.7 0 0 0
Other Investing Activities 7.4 (17.2) (5.0) (556.5) (376.7) 0 0.7 0
Investing Cash Flow (475.2) (1,007.3) (373.0) (556.5) (446.4) (376.7) (186.8) (114.9)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0
Stock Repurchased 0 (57.7) 0 0 (61.5) (795.9) (0.0) (61.1)
Dividends Paid (23.0) (32.3) (22.5) (20.6) (2.7) (5.8) (7.9) (6.3)
Other Financing Activities 40.0 971.1 184.3 414.2 325.2 348.2 118.7 66.6
Financing Cash Flow 17.0 938.8 161.8 393.6 322.5 342.4 110.9 60.3
Cash Position
Net Change in Cash (170.7) 244.8 0.7 32.0 (18.2) 34.9 1.0 6.4
Cash at Beginning 310.7 65.9 65.2 33.2 51.5 16.5 15.5 9.1
Cash at End 140.0 310.7 65.9 65.2 33.2 51.5 16.5 15.5
Free Cash Flow 267.6 302.9 192.0 169.3 96.8 58.6 73.7 54.7
Key Metrics 2022 2021 2020 2019 2018 2017 2016 2015
Income Statement
Revenue 2,143.3 1,798.0 1,361.3 1,218.3 910.9 662.9 485.4 382.3
Gross Profit 883.1 715.4 535.6 482.2 320.1 233.7 192.4 141.0
Operating Income 215.3 211.9 119.8 103.9 44.4 5.8 38.3 21.3
Net Income 125.3 24.4 49.0 (12.0) (0.6) (48.4) 15.7 9.3
EPS (Diluted) 1.90 0.42 1.00 -0.26 -0.01 -0.77 0.25 0.15
Balance Sheet
Cash & Equivalents 140.0 310.7 65.9 65.2 33.2 51.5 16.5
Total Assets 4,866.8 4,709.0 3,062.9 2,653.6 1,937.8 1,234.8 752.9
Total Debt 2,799.6 2,671.0 1,760.4 1,469.4 836.6 980.5 457
Stockholders' Equity 1,053.9 870.5 539.8 484.1 469.7 (778.7) (261.9)
Cash Flow
Operating Cash Flow 288.6 313.9 211.4 194.8 105.9 69.1 77.2 61.1
Capital Expenditure (21.0) (11.0) (19.3) (25.5) (9.1) (10.5) (3.4) (6.4)
Free Cash Flow 267.6 302.9 192.0 169.3 96.8 58.6 73.7 54.7