Cash flow Akamai Technologies, Inc.

Equities

AKAM

US00971T1016

IT Services & Consulting

Market Closed - Nasdaq Other stock markets 21:00:00 12/09/2024 BST			5-day change	1st Jan Change
97.30 ^USD	+0.66%		-1.84%	-17.79%

09:00am	Akamai Introduces New Video Workflow Capabilities At IBC	CI
09-05	Transcript : Akamai Technologies, Inc. Presents at Citi's 2024 Global TMT Conference, Sep-05-2024 03:50 PM

aea7643d7f6031c.jq9eacftb_AXZLj-GqoPAapZBrV53U1VIuj6xCNS1iI.2tg8Bq7dGa9GKc6kc8s6Z8AXd_0-iyQGeLuCiHEElRft6QcYt5sNtWEziA

Published financial data: AKAMAI TECHNOLOGIES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	2.89B	3.2B	3.46B	3.62B	3.81B
Total Revenues	2.89B	3.2B	3.46B	3.62B	3.81B
Cost of Goods Sold, Total	988M	1.13B	1.27B	1.38B	1.51B
Gross Profit	1.91B	2.07B	2.19B	2.24B	2.3B
Selling General & Admin Expenses, Total	1.03B	1.03B	1B	1.07B	1.12B
R&D Expenses	261M	269M	335M	389M	405M
Amortization of Goodwill and Intangible Assets - (IS)	38.58M	42.05M	48.02M	64.98M	66.75M
Other Operating Expenses, Total	1.33B	1.34B	1.39B	1.52B	1.6B
Operating Income	574M	721M	807M	719M	707M
Interest Expense, Total	-49.36M	-69.12M	-72.33M	-11.1M	-17.71M
Interest And Investment Income	34.36M	29.12M	15.62M	3.26M	45.19M
Net Interest Expenses	-15.01M	-40M	-56.71M	-7.84M	27.48M
Income (Loss) On Equity Invest.	-1.1M	-13.11M	-14.01M	-7.64M	1.48M
Currency Exchange Gains (Loss)	-1.37M	-9.68M	-1.9M	-2.17M	-12.61M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	556M	659M	735M	701M	724M
Restructuring Charges	-22.68M	-37.29M	-10.74M	-13.53M	-56.64M
Merger & Related Restructuring Charges	-	-	-	-	-13.35M
Gain (Loss) On Sale Of Investments	-60K	7.23M	3.68M	-8.26M	311K
Legal Settlements	-	-	-	-	-
Other Unusual Items	-1.92M	-25.58M	-13.32M	-29.05M	-
EBT, Incl. Unusual Items	531M	603M	714M	650M	654M
Income Tax Expense	53.35M	45.92M	62.57M	127M	106M
Earnings From Continuing Operations	478M	557M	652M	524M	548M
Net Income to Company	478M	557M	652M	524M	548M
Net Income - (IS)	478M	557M	652M	524M	548M
Net Income to Common Incl Extra Items	478M	557M	652M	524M	548M
Net Income to Common Excl. Extra Items	478M	557M	652M	524M	548M
Per Share Items
Net EPS - Basic	2.94	3.43	4.01	3.29	3.59
Basic EPS - Continuing Operations	2.94	3.43	4.01	3.29	3.59
Basic Weighted Average Shares Outstanding	163M	162M	163M	159M	153M
Net EPS - Diluted	2.9	3.37	3.93	3.26	3.52
Diluted EPS - Continuing Operations	2.9	3.37	3.93	3.26	3.52
Diluted Weighted Average Shares Outstanding	165M	165M	166M	160M	155M
Normalized Basic EPS	2.14	2.53	2.82	2.75	2.97
Normalized Diluted EPS	2.11	2.49	2.77	2.73	2.91
American Depositary Receipts Ratio (ADR)	0.08	0.08	0.08	0.08	0.08
Supplemental Items
EBITDA	845M	1.04B	1.19B	1.15B	1.1B
EBITA	612M	763M	855M	784M	774M
EBIT	574M	721M	807M	719M	707M
EBITDAR	1.05B	1.29B	1.46B	1.44B	1.43B
Effective Tax Rate - (Ratio)	10.04	7.62	8.76	19.48	16.26
Current Domestic Taxes	-18.87M	3.58M	20.34M	59.02M	30.14M
Current Foreign Taxes	71.29M	76.16M	90.03M	173M	99.22M
Total Current Taxes	52.42M	79.74M	110M	232M	129M
Total Deferred Taxes	933K	-33.82M	-47.79M	-105M	-22.99M
Normalized Net Income	348M	412M	459M	438M	452M
Interest Capitalized	6.2M	4.33M	3.67M	293K	462K
Interest on Long-Term Debt	55.56M	73.45M	76M	11.39M	18.17M
Supplemental Operating Expense Items
Marketing Expenses	52.79M	39.27M	40.55M	55.03M	59.15M
Selling and Marketing Expenses	524M	510M	462M	500M	532M
General and Administrative Expenses	418M	424M	439M	462M	503M
Research And Development Expense From Footnotes	430M	428M	500M	557M	583M
Net Rental Expense, Total	208M	246M	271M	291M	333M
Imputed Operating Lease Interest Expense	43.77M	53.15M	58.45M	8.79M	12.56M
Imputed Operating Lease Depreciation	165M	193M	212M	282M	321M
Stock-Based Comp., COGS (Total)	51.61M	52.86M	57.39M	57.15M	73.79M
Stock-Based Comp., R&D Exp. (Total)	49.68M	48.86M	65.95M	78.12M	124M
Stock-Based Comp., S&M Exp. (Total)	62.15M	65.26M	46.34M	47.79M	66.45M
Stock-Based Comp., G&A Exp. (Total)	52.83M	58.47M	63.32M	62.93M	94.32M
Stock-Based Comp., Other (Total)	1.47M	1.57M	2.15M	2.51M	2.52M
Total Stock-Based Compensation	218M	227M	235M	248M	361M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	394M	353M	537M	542M	489M
Short Term Investments	1.14B	745M	541M	563M	375M
Total Cash And Short Term Investments	1.54B	1.1B	1.08B	1.11B	864M
Accounts Receivable, Total	552M	660M	676M	679M	724M
Total Receivables	552M	660M	676M	679M	724M
Prepaid Expenses	53.92M	65.75M	74.07M	98.83M	96.31M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	88.76M	106M	92.24M	86.21M	120M
Total Current Assets	2.23B	1.93B	1.92B	1.97B	1.8B
Gross Property Plant And Equipment	3.79B	4.31B	4.61B	4.91B	5.61B
Accumulated Depreciation	-1.88B	-2.04B	-2.26B	-2.56B	-2.88B
Net Property Plant And Equipment	1.91B	2.27B	2.35B	2.35B	2.73B
Long-term Investments	870M	1.42B	1.1B	321M	1.43B
Goodwill	1.6B	1.67B	2.16B	2.76B	2.85B
Other Intangibles, Total	179M	235M	313M	442M	536M
Deferred Tax Assets Long-Term	76.53M	107M	168M	338M	418M
Deferred Charges Long-Term	25.7M	23.2M	30.44M	29.07M	42.74M
Other Long-Term Assets, Total	113M	103M	104M	87.45M	81.6M
Total Assets	7.01B	7.76B	8.14B	8.3B	9.9B
Liabilities
Accounts Payable, Total	139M	119M	110M	145M	147M
Accrued Expenses, Total	295M	330M	339M	291M	282M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	139M	155M	176M	196M	223M
Current Income Taxes Payable	40.34M	50.81M	72.95M	76.46M	70.02M
Unearned Revenue Current, Total	71.22M	76.6M	86.52M	105M	108M
Other Current Liabilities	8.84M	27.76M	6.62M	5.23M	6.44M
Total Current Liabilities	693M	758M	790M	819M	836M
Long-Term Debt	1.84B	1.91B	1.98B	2.29B	3.54B
Long-Term Leases	692M	715M	707M	693M	775M
Unearned Revenue Non Current	4.37M	5.26M	25.34M	22.12M	23.01M
Deferred Tax Liability Non Current	29.19M	37.46M	40.97M	18.4M	24.62M
Other Non Current Liabilities	90.06M	89.83M	68.75M	105M	106M
Total Liabilities	3.35B	3.51B	3.61B	3.94B	5.3B
Common Stock, Total	1.62M	1.63M	1.6M	1.56M	1.51M
Additional Paid In Capital	3.65B	3.66B	3.34B	2.58B	2.22B
Retained Earnings	48M	605M	1.26B	1.92B	2.47B
Comprehensive Income and Other	-45.14M	-20.2M	-69.1M	-140M	-95.33M
Total Common Equity	3.66B	4.25B	4.53B	4.36B	4.6B
Total Equity	3.66B	4.25B	4.53B	4.36B	4.6B
Total Liabilities And Equity	7.01B	7.76B	8.14B	8.3B	9.9B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	162M	163M	160M	156M	152M
ECS Total Common Shares Outstanding	162M	163M	161M	156M	151M
Book Value / Share	22.58	26.13	28.22	27.86	30.4
Tangible Book Value	1.88B	2.34B	2.06B	1.15B	1.21B
Tangible Book Value Per Share	11.59	14.39	12.84	7.38	8
Total Debt	2.67B	2.78B	2.86B	3.17B	4.54B
Net Debt	299M	280M	693M	1.75B	2.24B
Debt Equivalent Oper. Leases	1.67B	1.97B	2.17B	2.33B	2.67B
Equity Method Investments, Total	34.7M	21.6M	7.5M	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	1.57B	1.96B	2.1B	2.25B	2.56B
Full Time Employees	7.72K	8.37K	8.7K	9.8K	10.25K
Accumulated Allowance for Doubtful Accounts (Supple)	1.88M	1.82M	1.4M	5.92M	3.47M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	478M	557M	652M	524M	548M
Depreciation & Amortization - CF	233M	278M	338M	362M	327M
Amortization of Goodwill and Intangible Assets - (CF)	38.58M	42.05M	48.02M	64.98M	66.75M
Depreciation & Amortization, Total	272M	320M	386M	427M	394M
Amortization of Deferred Charges, Total - (CF)	215M	221M	230M	170M	182M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	15.9M	-311K
Asset Writedown & Restructuring Costs	3.78M	-	-	-	-
Stock-Based Compensation (CF)	187M	197M	203M	217M	328M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	5.68M	-10.79M	-25.97M	-73.91M	27.23M
Change In Accounts Receivable	-64.47M	-90.38M	-24.1M	-21.21M	-49.2M
Change In Accounts Payable	8.77M	39.21M	31.52M	-26.5M	-39.82M
Change in Unearned Revenues	-13.55M	-1.32M	-2.86M	16.71M	48K
Change in Other Net Operating Assets	-33.61M	-17.4M	-45.09M	25.68M	-41.72M
Cash from Operations	1.06B	1.22B	1.4B	1.27B	1.35B
Capital Expenditure	-360M	-551M	-329M	-241M	-579M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-165M	-128M	-599M	-872M	-106M
Sale (Purchase) of Intangible assets	-202M	-218M	-216M	-217M	-272M
Investment in Marketable and Equity Securities, Total	-941M	-155M	501M	714M	-885M
Other Investing Activities, Total	399K	8.12M	-4.32M	-6.12M	-6.07M
Cash from Investing	-1.67B	-1.04B	-647M	-622M	-1.85B
Short Term Debt Issued, Total	-	-	-	-	90M
Long-Term Debt Issued, Total	1.14B	-	-	-	1.34B
Total Debt Issued	1.14B	-	-	-	1.43B
Short Term Debt Repaid, Total	-	-	-	-	-90M
Long-Term Debt Repaid, Total	-690M	-	-	-	-
Total Debt Repaid	-690M	-	-	-	-90M
Issuance of Common Stock	57.11M	59.78M	59.63M	56.46M	62.98M
Repurchase of Common Stock	-410M	-283M	-621M	-690M	-720M
Other Financing Activities, Total	-129M	-	-268K	-393K	-237M
Cash from Financing	-35.68M	-224M	-562M	-634M	443M
Foreign Exchange Rate Adjustments	2.47M	10.94M	-11.38M	-12.92M	3.87M
Net Change in Cash	-643M	-40.68M	184M	5.27M	-52.55M
Supplemental Items
Cash Interest Paid	1.44M	5.95M	5.75M	6.16M	6.33M
Cash Income Tax Paid (Refund)	73.9M	79.16M	101M	184M	134M
Levered Free Cash Flow	448M	320M	766M	816M	431M
Unlevered Free Cash Flow	433M	301M	746M	818M	437M
Change In Net Working Capital	21.65M	87.34M	-508K	13.89M	85.85M
Net Debt Issued / Repaid	446M	-	-	-	1.34B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	5.75	6.1	6.34	5.46	4.86
Return on Total Capital	6.47	6.75	7	6.02	5.3
Return On Equity %	13.96	14.09	14.84	11.78	12.23
Return on Common Equity	13.96	14.09	14.84	11.78	12.23
Margin Analysis
Gross Profit Margin %	65.87	64.58	63.34	61.88	60.44
SG&A Margin	35.68	32.29	28.94	29.46	29.5
EBITDA Margin %	29.22	32.56	34.49	31.68	28.88
EBITA Margin %	21.15	23.87	24.71	21.67	20.31
EBIT Margin %	19.82	22.56	23.32	19.88	18.56
Income From Continuing Operations Margin %	16.52	17.42	18.83	14.48	14.37
Net Income Margin %	16.52	17.42	18.83	14.48	14.37
Net Avail. For Common Margin %	16.52	17.42	18.83	14.48	14.37
Normalized Net Income Margin	12.01	12.87	13.26	12.12	11.87
Levered Free Cash Flow Margin	15.49	10.02	22.14	22.56	11.31
Unlevered Free Cash Flow Margin	14.97	9.4	21.54	22.63	11.46
Asset Turnover
Asset Turnover	0.46	0.43	0.44	0.44	0.42
Fixed Assets Turnover	2.05	1.53	1.5	1.54	1.5
Receivables Turnover (Average Receivables)	5.61	5.28	5.18	5.34	5.43
Short Term Liquidity
Current Ratio	3.22	2.54	2.43	2.41	2.16
Quick Ratio	3.01	2.32	2.22	2.18	1.9
Operating Cash Flow to Current Liabilities	1.53	1.6	1.78	1.56	1.61
Days Sales Outstanding (Average Receivables)	65.08	69.35	70.44	68.38	67.19
Average Days Payable Outstanding	43.99	41.6	32.86	33.8