Balance Sheet Forterra plc

Stocks

FORT

GB00BYYW3C20

Construction Materials

Market Closed - London S.E. Other stock markets 16:35:23 11/06/2026 BST			5-day change	1st Jan Change
127.80 ^GBX	-2.07%		-5.89%	-31.07%

11:49am	Forterra CFO Ben Guyatt to step down in October	AN
08:05am	Forterra plc Announces Resignation of Ben Guyatt from Chief Financial Officer	CI

33ae7d6b6246aa4.jsdQaQHYDSfFgZRaW9VNOQYxup3oydXSxA9bXznOaTc.-fchAke5Wha87cw7Dq86cHAB2NSr5LbjoT0PBV6CL3u2qjRQT-xdQpzIxQ

Published financial data: FORTERRA PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	370M	456M	346M	344M	386M
Total Revenues	370M	456M	346M	344M	386M
Cost of Goods Sold, Total	240M	293M	234M	241M	258M
Gross Profit	130M	163M	113M	103M	128M
Selling General & Admin Expenses, Total	78.6M	91.3M	75.1M	72.7M	86.8M
Other Operating Expenses	-800K	-1M	-700K	-6.4M	5.4M
Other Operating Expenses, Total	77.8M	90.3M	74.4M	66.3M	92.2M
Operating Income	52.5M	72.3M	38.3M	36.8M	36M
Interest Expense, Total	-2.9M	-2M	-7M	-9M	-5.9M
Net Interest Expenses	-2.9M	-2M	-7M	-9M	-5.9M
Other Non Operating Income (Expenses)	-400K	-100K	-	-100K	-100K
EBT, Excl. Unusual Items	49.2M	70.2M	31.3M	27.7M	30M
Restructuring Charges	6.1M	-	-9M	-200K	-6.7M
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	1.5M	2.7M	-200K	-	-
Asset Writedown	-	-	-5M	-	-
Other Unusual Items	-	-	-	-2.7M	-
EBT, Incl. Unusual Items	56.8M	72.9M	17.1M	24.8M	23.3M
Income Tax Expense	11.3M	14.1M	4.3M	7.3M	6.3M
Earnings From Continuing Operations	45.5M	58.8M	12.8M	17.5M	17M
Net Income to Company	45.5M	58.8M	12.8M	17.5M	17M
Net Income - (IS)	45.5M	58.8M	12.8M	17.5M	17M
Net Income to Common Incl Extra Items	45.5M	58.8M	12.8M	17.5M	17M
Net Income to Common Excl. Extra Items	45.5M	58.8M	12.8M	17.5M	17M
Per Share Items
Net EPS - Basic	0.2	0.27	0.06	0.08	0.08
Basic EPS - Continuing Operations	0.2	0.27	0.06	0.08	0.08
Basic Weighted Average Shares Outstanding	228M	216M	207M	211M	211M
Net EPS - Diluted	0.2	0.27	0.06	0.08	0.08
Diluted EPS - Continuing Operations	0.2	0.27	0.06	0.08	0.08
Diluted Weighted Average Shares Outstanding	230M	219M	208M	211M	212M
Normalized Basic EPS	0.13	0.2	0.09	0.08	0.09
Normalized Diluted EPS	0.13	0.2	0.09	0.08	0.09
Dividend Per Share	0.1	0.15	0.04	0.03	0.06
Payout Ratio	30.11	41.16	200.78	36	48.24
Supplemental Items
EBITDA	64M	83.7M	52.3M	51.4M	49.7M
EBITA	53.8M	74.2M	40.3M	38.5M	36.9M
EBIT	52.5M	72.3M	38.3M	36.8M	36M
EBITDAR	67.3M	87.3M	56M	54.6M	51.9M
Effective Tax Rate - (Ratio)	19.89	19.34	25.15	29.44	27.04
Current Domestic Taxes	9.1M	12.8M	2.8M	800K	5.3M
Total Current Taxes	9.1M	12.8M	2.8M	800K	5.3M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	2.2M	1.3M	1.5M	6.5M	1M
Normalized Net Income	30.75M	43.88M	19.56M	17.31M	18.75M
Interest Capitalized	-	-	-	2.1M	2.5M
Interest on Long-Term Debt	3.3M	2.1M	7M	9.1M	6M
Supplemental Operating Expense Items
Selling and Marketing Expenses	51.2M	57.7M	47M	46.1M	52.5M
General and Administrative Expenses	27.4M	33.6M	28.1M	26.6M	34.3M
Net Rental Expense, Total	3.3M	3.6M	3.7M	3.2M	2.2M
Imputed Operating Lease Interest Expense	3.65M	1.53M	2.16M	2.23M	1.46M
Imputed Operating Lease Depreciation	-346K	2.07M	1.54M	966K	741K
Stock-Based Comp., Other (Total)	2.5M	3.4M	900K	1M	1.4M
Total Stock-Based Compensation	2.5M	3.4M	900K	1M	1.4M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	41.5M	34.3M	16M	15.2M	6.1M
Total Cash And Short Term Investments	41.5M	34.3M	16M	15.2M	6.1M
Accounts Receivable, Total	35.4M	40.2M	25.2M	34.4M	31.7M
Other Receivables	2M	800K	3.7M	3.6M	1.2M
Total Receivables	37.4M	41M	28.9M	38M	32.9M
Inventory	32.8M	43M	95.8M	82M	78.6M
Prepaid Expenses	2.7M	3.3M	4.4M	3.4M	2.7M
Other Current Assets, Total	-	600K	1.6M	5.1M	3.7M
Total Current Assets	114M	122M	147M	144M	124M
Gross Property Plant And Equipment	445M	479M	514M	522M	523M
Accumulated Depreciation	-227M	-228M	-241M	-237M	-242M
Net Property Plant And Equipment	218M	252M	274M	284M	282M
Goodwill	0	0	0	0	-
Other Intangibles, Total	17.7M	23.6M	19.2M	11.6M	11.5M
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	-	-	5M	2.8M	-
Total Assets	350M	398M	445M	442M	417M
Liabilities
Accounts Payable, Total	40.6M	44M	37.5M	39.9M	39.7M
Accrued Expenses, Total	35M	45.6M	28.8M	28.8M	30.1M
Current Portion of Long-Term Debt	600K	200K	400K	700K	200K
Current Portion of Leases	4.5M	4.7M	5.7M	5.8M	6.7M
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities	10.1M	14.3M	21.5M	6.7M	8.4M
Total Current Liabilities	90.8M	109M	93.9M	81.9M	85.1M
Long-Term Debt	-	40M	109M	99.4M	61.6M
Long-Term Leases	12M	13.3M	18.5M	15.1M	13.2M
Deferred Tax Liability Non Current	2.7M	5M	6.3M	12.9M	14M
Other Non Current Liabilities	9.7M	10M	9.4M	8.2M	8.7M
Total Liabilities	115M	177M	237M	218M	183M
Common Stock, Total	2.3M	2.1M	2.1M	2.1M	2.1M
Retained Earnings	213M	233M	220M	228M	238M
Treasury Stock	-4.6M	-15.8M	-14.2M	-5.4M	-6M
Comprehensive Income and Other	23.7M	800K	100K	0	200K
Total Common Equity	235M	220M	208M	225M	234M
Total Equity	235M	220M	208M	225M	234M
Total Liabilities And Equity	350M	398M	445M	442M	417M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	227M	206M	207M	211M	210M
ECS Total Common Shares Outstanding	227M	206M	207M	211M	210M
Book Value / Share	1.04	1.07	1	1.07	1.11
Tangible Book Value	217M	197M	189M	213M	223M
Tangible Book Value Per Share	0.96	0.95	0.91	1.01	1.06
Total Debt	17.1M	58.2M	133M	121M	81.7M
Net Debt	-24.4M	23.9M	117M	106M	75.6M
Debt Equivalent Oper. Leases	26.4M	28.8M	29.6M	25.6M	17.6M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	8.4M	12.4M	11.2M	11.3M	10.8M
Inventories - Work In Process, Total	1.8M	2M	2.4M	1.9M	1.8M
Inventories - Finished Goods, Total	19.8M	25.4M	79.7M	66.6M	62.7M
Inventories - Others	2.8M	3.2M	2.5M	2.2M	3.3M
Land - (BS)	133M	137M	175M	170M	144M
Machinery, Total	231M	229M	280M	282M	319M
Full Time Employees	1.79K	1.87K	1.79K	1.5K	1.5K
Accumulated Allowance for Doubtful Accounts (Supple)	1M	1M	700K	700K	700K

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	45.5M	58.8M	12.8M	17.5M	17M
Depreciation & Amortization - CF	15.1M	14.6M	18M	19.1M	18.7M
Amortization of Goodwill and Intangible Assets - (CF)	1.3M	1.9M	2M	1.7M	900K
Depreciation & Amortization, Total	16.4M	16.5M	20M	20.8M	19.6M
(Gain) Loss From Sale Of Asset	-1.5M	-400K	200K	-	-
Asset Writedown & Restructuring Costs	-	-	-	200K	6.7M
Stock-Based Compensation (CF)	2.5M	3.4M	900K	1M	1.4M
Other Operating Activities, Total	-4.5M	-1.8M	8.5M	-5.9M	6.5M
Change In Accounts Receivable	-3.4M	-5.2M	13.3M	-8M	3.5M
Change In Inventories	200K	-10.2M	-52.8M	13.8M	2.5M
Change In Accounts Payable	13M	14.5M	-22.9M	2.8M	1.8M
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	68.2M	75.6M	-20M	42.2M	59M
Capital Expenditure	-33M	-42.1M	-33M	-25.4M	-14.5M
Sale of Property, Plant, and Equipment	14.9M	2.9M	300K	-	-
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-1.6M	-2M	-1.1M	-200K	-
Other Investing Activities, Total	-300K	-	-	-	-
Cash from Investing	-20M	-41.2M	-33.8M	-25.6M	-14.5M
Long-Term Debt Issued, Total	5M	40M	137M	93M	47M
Total Debt Issued	5M	40M	137M	93M	47M
Long-Term Debt Repaid, Total	-25.3M	-5.3M	-72.9M	-109M	-91M
Total Debt Repaid	-25.3M	-5.3M	-72.9M	-109M	-91M
Issuance of Common Stock	1.2M	400K	1.1M	5.1M	-
Repurchase of Common Stock	-5M	-52.5M	-2.1M	-	-700K
Common Dividends Paid	-13.7M	-24.2M	-25.7M	-6.3M	-8.2M
Common & Preferred Stock Dividends Paid	-13.7M	-24.2M	-25.7M	-6.3M	-8.2M
Other Financing Activities, Total	-400K	-	-1.9M	-300K	-700K
Cash from Financing	-38.2M	-41.6M	35.5M	-17.4M	-53.6M
Net Change in Cash	10M	-7.2M	-18.3M	-800K	-9.1M
Supplemental Items
Cash Interest Paid	2.8M	2.4M	6.1M	10M	8M
Cash Income Tax Paid (Refund)	9.6M	11M	2.7M	-400K	1.1M
Levered Free Cash Flow	28.6M	22.94M	-52.54M	3.38M	38.71M
Unlevered Free Cash Flow	30.41M	24.19M	-48.16M	9M	42.4M
Change In Net Working Capital	-13.3M	-3.2M	58.9M	10.2M	-13.4M
Net Debt Issued / Repaid	-20.3M	34.7M	64.1M	-15.9M	-44M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	9.97	12.09	5.68	5.19	5.24
Return on Total Capital	13.65	17.03	7.72	6.69	6.8
Return On Equity %	20.73	25.83	5.98	8.09	7.4
Return on Common Equity	20.73	25.83	5.98	8.09	7.4
Margin Analysis
Gross Profit Margin %	35.18	35.7	32.53	29.94	33.21
SG&A Margin	21.22	20.04	21.68	21.12	22.49
EBITDA Margin %	17.28	18.38	15.1	14.93	12.88
EBITA Margin %	14.52	16.29	11.63	11.18	9.56
EBIT Margin %	14.17	15.87	11.06	10.69	9.33
Income From Continuing Operations Margin %	12.28	12.91	3.7	5.08	4.4
Net Income Margin %	12.28	12.91	3.7	5.08	4.4
Net Avail. For Common Margin %	12.28	12.91	3.7	5.08	4.4
Normalized Net Income Margin	8.3	9.63	5.65	5.03	4.86
Levered Free Cash Flow Margin	7.72	5.04	-15.17	0.98	10.03
Unlevered Free Cash Flow Margin	8.21	5.31	-13.9	2.61	10.98
Asset Turnover
Asset Turnover	1.13	1.22	0.82	0.78	0.9
Fixed Assets Turnover	1.79	1.94	1.32	1.23	1.36
Receivables Turnover (Average Receivables)	10.83	12.05	10.59	11.55	11.68
Inventory Turnover (Average Inventory)	7.3	7.73	3.37	2.71	3.21
Short Term Liquidity
Current Ratio	1.26	1.12	1.56	1.75	1.46
Quick Ratio	0.87	0.69	0.48	0.65	0.46
Operating Cash Flow to Current Liabilities	0.75	0.69	-0.21	0.52	0.69
Days Sales Outstanding (Average Receivables)	33.7	30.29	34.46	31.68	31.25
Days Outstanding Inventory (Average Inventory)	50.01	47.23	108.39	134.9	113.69
Average Days Payable Outstanding	55.76	50.94	51.92	62.29	57.1
Cash Conversion Cycle (Average Days)	27.95	26.58	90.93	104.29	87.84
Long Term Solvency
Total Debt/Equity	7.28	26.39	64.2	53.8	34.84
Total Debt / Total Capital	6.79	20.88	39.1	34.98	25.84
LT Debt/Equity	5.11	24.17	61.26	50.91	31.9
Long-Term Debt / Total Capital	4.76	19.12	37.31	33.1	23.66
Total Liabilities / Total Assets	32.91	44.54	53.27	49.16	43.78
EBIT / Interest Expense	18.1	36.15	5.47	4.09	6.1
EBITDA / Interest Expense	23.76	44.4	8.33	6.4	9.42
(EBITDA - Capex) / Interest Expense	12.38	23.35	3.61	3.58	6.97
Total Debt / EBITDA	0.25	0.66	2.29	2.1	1.47
Net Debt / EBITDA	-0.35	0.27	2.01	1.84	1.36
Total Debt / (EBITDA - Capex)	0.48	1.25	5.27	3.76	1.99
Net Debt / (EBITDA - Capex)	-0.68	0.51	4.64	3.29	1.84
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	26.89	22.98	-23.95	-0.61	12.11
Gross Profit, 1 Yr. Growth %	54.93	24.79	-30.69	-8.52	24.35
EBITDA, 1 Yr. Growth %	95.72	30.78	-37.52	-1.72	-3.31
EBITA, 1 Yr. Growth %	144.55	37.92	-45.69	-4.47	-4.16
EBIT, 1 Yr. Growth %	152.4	37.71	-47.03	-3.92	-2.17
Earnings From Cont. Operations, 1 Yr. Growth %	-912.5	29.23	-78.23	36.72	-2.86
Net Income, 1 Yr. Growth %	-912.5	29.23	-78.23	36.72	-2.86
Normalized Net Income, 1 Yr. Growth %	182.76	42.68	-55.41	-11.5	8.3
Diluted EPS Before Extra, 1 Yr. Growth %	-855.66	36.04	-76.88	33.97	-3.61
Accounts Receivable, 1 Yr. Growth %	7.27	13.56	-37.31	36.51	-7.85
Inventory, 1 Yr. Growth %	-0.61	31.1	122.79	-14.41	-4.15
Net Property, Plant and Equip., 1 Yr. Growth %	11.12	15.56	8.74	3.83	-0.95
Total Assets, 1 Yr. Growth %	13.67	13.6	11.85	-0.52	-5.72
Tangible Book Value, 1 Yr. Growth %	12.43	-9.3	-4.22	13.1	4.55
Common Equity, 1 Yr. Growth %	15.04	-6.09	-5.76	8.23	4.27
Cash From Operations, 1 Yr. Growth %	69.23	10.85	-126.46	-311	39.81
Capital Expenditures, 1 Yr. Growth %	40.43	27.58	-21.62	-23.03	-42.91
Levered Free Cash Flow, 1 Yr. Growth %	128.8	-19.8	-329.05	-106.42	1.05K
Unlevered Free Cash Flow, 1 Yr. Growth %	109.74	-20.47	-299.12	-118.69	371.11
Dividend Per Share, 1 Yr. Growth %	253.57	48.48	-70.07	-31.82	106.67
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1.27	24.92	-3.29	-13.06	5.56
Gross Profit, 2 Yr. CAGR %	-3.25	39.05	-7	-20.37	6.66
EBITDA, 2 Yr. CAGR %	-8.71	59.99	-9.6	-21.64	-2.52
EBITA, 2 Yr. CAGR %	-9.58	83.65	-13.45	-27.97	-4.31
EBIT, 2 Yr. CAGR %	-10.13	86.44	-14.59	-28.66	-3.05
Earnings From Cont. Operations, 2 Yr. CAGR %	-1.4	224.04	-46.96	-45.45	15.24
Net Income, 2 Yr. CAGR %	-1.4	224.04	-46.96	-45.45	15.24
Normalized Net Income, 2 Yr. CAGR %	-11.28	100.86	-20.24	-37.18	-2.1
Diluted EPS Before Extra, 2 Yr. CAGR %	-8.64	220.62	-43.92	-44.35	13.63
Accounts Receivable, 2 Yr. CAGR %	-2.97	10.37	-15.63	-7.49	12.16
Inventory, 2 Yr. CAGR %	-17.16	14.15	70.9	38.09	-9.42
Net Property, Plant and Equip., 2 Yr. CAGR %	5.36	13.32	12.1	6.26	1.41
Total Assets, 2 Yr. CAGR %	3.1	13.64	12.72	5.48	-3.15
Tangible Book Value, 2 Yr. CAGR %	25.43	0.98	-6.79	4.08	8.74
Common Equity, 2 Yr. CAGR %	22.61	3.94	-5.93	0.99	6.23
Cash From Operations, 2 Yr. CAGR %	13.87	36.96	-45.85	-25.29	71.76
Capital Expenditures, 2 Yr. CAGR %	21.11	33.85	0	-22.33	-33.71
Levered Free Cash Flow, 2 Yr. CAGR %	18.62	35.46	35.54	-61.64	-14.16
Unlevered Free Cash Flow, 2 Yr. CAGR %	18.05	29.16	25.84	-39	-6.17
Dividend Per Share, 2 Yr. CAGR %	57.32	129.13	-33.33	-54.82	18.71
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.26	6.23	5.87	-2.41	-5.37
Gross Profit, 3 Yr. CAGR %	-1.73	5.32	10.25	-7.51	-7.62
EBITDA, 3 Yr. CAGR %	-6.62	2.91	16.95	-7.05	-15.95
EBITA, 3 Yr. CAGR %	-7.28	4.09	22.36	-10.55	-20.77
EBIT, 3 Yr. CAGR %	-7.76	3.61	22.57	-11.17	-20.74
Earnings From Cont. Operations, 3 Yr. CAGR %	-4.84	7.91	31.73	-27.28	-33.88
Net Income, 3 Yr. CAGR %	-4.84	7.91	31.73	-27.28	-33.88
Normalized Net Income, 3 Yr. CAGR %	-8.68	3.95	21.62	-17.43	-24.68
Diluted EPS Before Extra, 3 Yr. CAGR %	-8.95	4.33	33.45	-25.03	-33.17
Accounts Receivable, 3 Yr. CAGR %	-0.19	2.25	-8.6	-0.95	-7.61
Inventory, 3 Yr. CAGR %	-4.28	-3.47	42.65	35.72	22.27
Net Property, Plant and Equip., 3 Yr. CAGR %	8.52	8.65	11.77	9.27	3.8
Total Assets, 3 Yr. CAGR %	6.58	6.48	13.04	8.12	1.61
Tangible Book Value, 3 Yr. CAGR %	22.92	12.58	-0.78	-0.59	4.24
Common Equity, 3 Yr. CAGR %	20.5	12.18	0.6	-1.43	2.07
Cash From Operations, 3 Yr. CAGR %	1.2	12.85	-20.83	-14.79	-7.93
Capital Expenditures, 3 Yr. CAGR %	25.99	23.23	11.98	-8.36	-29.9
Levered Free Cash Flow, 3 Yr. CAGR %	-6.36	4.11	61.38	-50.95	19.06
Unlevered Free Cash Flow, 3 Yr. CAGR %	-5.65	3.49	49.2	-33.36	20.58
Dividend Per Share, 3 Yr. CAGR %	-1.94	54.32	16.26	-32.83	-25.01
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.69	6.59	-1.18	-1.95	5.75
Gross Profit, 5 Yr. CAGR %	1.78	3.91	-3.87	-5.83	8.8
EBITDA, 5 Yr. CAGR %	-1.89	2.22	-7.82	-7.72	8.73
EBITA, 5 Yr. CAGR %	-2.26	2.81	-9.8	-10.16	10.9
EBIT, 5 Yr. CAGR %	-2.64	2.44	-10.56	-10.75	11.6
Earnings From Cont. Operations, 5 Yr. CAGR %	10.6	4.36	-24.68	-17.86	24.87
Net Income, 5 Yr. CAGR %	10.6	4.36	-24.68	-17.86	24.87
Normalized Net Income, 5 Yr. CAGR %	1.44	2.95	-13.49	-15.02	11.51
Diluted EPS Before Extra, 5 Yr. CAGR %	7.53	2.75	-25	-18.86	25.14
Accounts Receivable, 5 Yr. CAGR %	3.37	4.87	-6.68	-1.76	-0.8
Inventory, 5 Yr. CAGR %	-3.4	3.45	20.7	11.4	18.95
Net Property, Plant and Equip., 5 Yr. CAGR %	8.16	8.8	9.94	7.69	7.51
Total Assets, 5 Yr. CAGR %	3.97	7.32	8.99	6.08	6.26
Tangible Book Value, 5 Yr. CAGR %	31.36	17.24	10.04	9.1	2.92
Common Equity, 5 Yr. CAGR %	27.68	16.06	9.14	7.56	2.82
Cash From Operations, 5 Yr. CAGR %	12.71	-0.52	-21.19	-4.31	7.92
Capital Expenditures, 5 Yr. CAGR %	29.67	36.15	14.87	2.45	-9.21
Levered Free Cash Flow, 5 Yr. CAGR %	-6.28	-15.75	8.56	-30.17	25.37
Unlevered Free Cash Flow, 5 Yr. CAGR %	-8.84	-15.51	5.87	-16.24	23.94
Dividend Per Share, 5 Yr. CAGR %	11.29	9.12	-15.97	-5.59	17.23