Company Information

  

Address: 6060 PARKLAND BLVD  
City: MAYFIELD HEIGHTS 
State: OH 
Zip Code: 44124 
Telephone: 216-875-5458 

Description of Business

Primary SIC Code: 2851
(As filed with the SEC)  

Ferro Corporation was incorporated in Ohio in 1919 as an enameling company and today is a leading producer of specialty materials that are sold to a broad range of manufacturers who, in turn, make products for many end-use markets. When we use the terms "Ferro," "we," "us" or "the Company," we are referring to Ferro Corporation and its subsidiaries unless indicated otherwise. Ferro's products fall into two general categories: functional coatings, which perform specific functions in the manufacturing processes and end products of our customers; and color solutions, which provide aesthetic and performance characteristics to our customers' products. Our products are manufactured in approximately 51 facilities around the world. They include frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.68NA34.15
12/20170.67NA35.21
09/20170.51NA43.73
06/20170.48NA38.10
03/20170.55NA27.62
12/20160.51NA28.10
09/20161.43NA9.66
06/20161.36NA9.84

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.23Total Liab/Total Assets0.80
Net Inc/Total Assets0.03Total Liab/Inv Cap1.03
Net Inc/Inv Cap0.04Total Liab/Comm Equity5.38
Pretax Inc/Net Sales0.08Interest Coverage Ratio4.98
Net Inc/Net Sales0.04Curr Debt/Equity0.07
Cash Flow/Net Sales0.06LTD/Equity2.11
SG&A/NetSales0.19Total Debt/Equity2.18
Asset Utilization   Liquidity  
Net Receivables Turnover3.88Quick Ratio1.41
Inventory Turnover3.54Current Ratio2.32
Inventory Day Sales0.01Net Rec/Curr Assets0.51
Net Sales/Work Cap2.97Inv/Curr Assets0.39
Net Sales/PP&E4.34  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 405.53 377.54 350.01 348.63
Cost of Goods Sold 286.85 272.07 246.40 240.29
Selling & Admin Exps 73.09 71.65 65.49 62.03
Operating Income 41.49 30.13 36.66 43.09
Interest Exp 7.96 7.83 7.25 6.45
Pretax Income 31.11 21.02 30.32 29.92
Other Income -2.41 -1.28 0.91 -6.72
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 23.39 -8.55 22.97 21.45

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 53.30 63.55 52.21 78.87
Receivables - Total 459.35 421.55 387.94 371.35
Inventories - Total 358.08 324.18 286.85 272.18
Total Current Assets 886.89 825.73 746.54 736.21
Net Property, Plant & Equipment 325.74 321.74 288.77 273.96
Total Assets 1,761.78 1,682.20 1,575.67 1,477.80
Liabilities        
Accounts Payable 318.26 330.06 282.42 264.38
Debt in Current Liabilities 35.55 25.14 18.48 23.05
Total Current Liabilities 353.81 355.20 300.90 287.43
Long-Term Debt 773.22 726.49 673.46 637.86
Total Liabilities 1,380.44 1,337.39 1,239.01 1,162.90
Stockholder's Equity        
Minority Interest 9.97 11.87 10.46 7.99
Preferred Stock NA NA NA NA
Common Stock 93.44 93.44 93.44 93.44
Retained Earnings 199.28 171.74 180.43 157.61
Treasury Stock -138.85 -147.06 -151.90 -154.28
Total Stockholders' Equity 381.34 344.81 336.65 314.90
Total Liabilities and Stockholders' Equity 1,761.78 1,682.20 1,575.67 1,477.80

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -34.29 50.10 19.99 13.08
Net Cash Provided by Investing Activities -23.01 -79.67 -67.74 -24.74
Net Cash Provided by Financing Activities 45.78 40.33 20.11 -4.01

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20131,188.5872.440.92
12/20141,111.6386.230.82
12/20151,075.3463.101.14
12/20161,145.29-19.890.51
12/20171,396.7457.770.67
Growth Rates4.12---7.62

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1822080,93395.90




Report Date : 7/9/2018

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