Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EV/FCF LTM | 16.5x | 6.5x | 15.1x | 10.4x | 15.0x | 12.2x | 12.5x | 15.2x | 11.6x | 8.8x | 11.3x | 8.0x | 17.1x | (4.2x) | 10.6x | 10.4x |
Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 1,102.8 0.0% | 1,771.4 60.6% | 1,729.6 (2.4%) | 1,815.0 4.9% | 1,886.3 3.9% | 1,963.4 4.1% | 2,173.3 10.7% | 2,364.5 8.8% | 2,639.6 11.6% | 3,150.1 19.3% | 3,458.0 9.8% | 3,769.6 9.0% | 2,781.9 (26.2%) | 2,187.7 (21.4%) | 2,251.6 2.9% | 1,519.4 (32.5%) | 1,645.1 8.3% | 1,788.5 8.7% |
Cost of Goods Sold (COGS) | 627.4 | 1,053.0 | 997.3 | 1,001.7 | 1,035.2 | 1,087.1 | 1,232.2 | 1,318.8 | 1,497.5 | 1,827.4 | 1,987.2 | 2,142.7 | 1,617.1 | 1,284.8 | 1,299.9 | 834.3 | 867.6 | 956.3 |
% margin | 475.4 43.1% | 718.4 40.6% | 732.3 42.3% | 813.3 44.8% | 851.1 45.1% | 876.3 44.6% | 941.1 43.3% | 1,045.7 44.2% | 1,142.1 43.3% | 1,322.7 42.0% | 1,470.8 42.5% | 1,626.9 43.2% | 1,164.8 41.9% | 902.9 41.3% | 951.7 42.3% | 685.1 45.1% | 777.5 47.3% | 832.2 46.5% |
Operating Expenses | 369.0 | 566.5 | 537.0 | 544.5 | 569.2 | 609.3 | 684.4 | 668.0 | 714.8 | 823.7 | 904.8 | 1,002.7 | 850.7 | 736.7 | 741.1 | 545.3 | 782.7 | 650.0 |
Research & Development Expenses (R&D) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Selling, General & Administrative Expenses (SG&A) | 242.4 | 383.7 | 364.6 | 373.2 | 389.4 | 419.1 | 490.0 | 471.4 | 502.0 | 583.1 | 640.2 | 732.8 | 662.0 | 545.4 | 558.1 | 445.1 | 430.4 | 408.6 |
% margin | 106.4 9.6% | (12.5) (0.7%) | 195.3 11.3% | 268.8 14.8% | 281.9 14.9% | 267.0 13.6% | 256.7 11.8% | 377.7 16.0% | 427.3 16.2% | 499.0 15.8% | 566.0 16.4% | 624.2 16.6% | 314.1 11.3% | 136.4 6.2% | 210.6 9.4% | 173.7 11.4% | (5.2) (0.3%) | 182.2 10.2% |
Interest Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 189.5 | 128.2 | 125.7 | 119.2 | 0.0 | 0.0 |
Interest Expense | 162.3 | 215.2 | 172.6 | 141.4 | 143.1 | 119.4 | 104.7 | 86.2 | 91.4 | 138.8 | 164.0 | 192.0 | 189.5 | 128.9 | 126.6 | 119.2 | 155.8 | 21.8 |
Pre-tax Income | (48.3) | (247.6) | 34.3 | 96.8 | 90.0 | 151.6 | 149.2 | 265.0 | 340.5 | 355.3 | 398.0 | 435.7 | 130.1 | 5.4 | 101.5 | 38.6 | (146.5) | 157.9 |
% effective tax rate | (10.0) 20.7% | (31.4) 12.7% | 11.1 32.4% | 27.2 28.1% | 17.8 19.8% | 59.6 39.3% | 81.5 54.6% | 95.7 36.1% | 125.9 37.0% | 132.9 37.4% | 36.0 9.0% | 107.7 24.7% | 37.7 29.0% | 4.9 90.7% | 35.0 34.5% | 10.0 25.9% | 8.3 (5.7%) | 48.0 30.4% |
% margin | (38.3) (3.5%) | (216.2) (12.2%) | 23.2 1.3% | 69.6 3.8% | 72.2 3.8% | 92.0 4.7% | 67.7 3.1% | 169.3 7.2% | 214.6 8.1% | 222.4 7.1% | 362.0 10.5% | 328.0 8.7% | 92.4 3.3% | 0.5 0.0% | 66.5 3.0% | 28.6 1.9% | (154.1) (9.4%) | 109.9 6.1% |
EPS | (0.36) | (2.02) | 0.21 | 0.52 | 0.53 | 0.67 | 0.49 | 1.21 | 1.53 | 1.62 | 2.66 | 2.44 | 0.70 | (0.16) | 0.28 | 0.25 | (1.82) | 1.02 |
Diluted EPS | (0.36) | (2.02) | 0.21 | 0.51 | 0.52 | 0.66 | 0.48 | 1.19 | 1.51 | 1.60 | 2.62 | 2.42 | 0.70 | (0.16) | 0.28 | 0.25 | (1.82) | 1.01 |
% margin | 240.6 21.8% | 150.4 8.5% | 379.3 21.9% | 409.5 22.6% | 412.9 21.9% | 461.2 23.5% | 448.3 20.6% | 547.8 23.2% | 644.7 24.4% | 734.7 23.3% | 827.4 23.9% | 512.5 13.6% | 508.3 18.3% | 325.6 14.9% | 237.4 10.5% | 258.0 17.0% | 110.8 6.7% | 274.9 15.4% |
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As of today, Microsoft Corp's last 12-month EV/FCF LTM is 10.4x, based on the financial report for Dec 30, 2024 (Q4’2024). The average annual EV/FCF LTM for KAR Auction Services, Inc. have been 1.0x over the past three years, and 3.9x over the past five years.
As of today, KAR Auction Services, Inc.'s EV/FCF LTM is 10.4x, which is lower than industry median of 10.6x. It indicates that KAR Auction Services, Inc.'s EV/FCF LTM is Good.