Cash flow ITV plc

Equities

ITV

GB0033986497

Broadcasting

Market Closed - London S.E. Other stock markets 16:35:05 06/02/2026 GMT			5-day change	1st Jan Change
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Published financial data: ITV PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2.78B	3.45B	3.73B	3.62B	3.49B
Total Revenues	2.78B	3.45B	3.73B	3.62B	3.49B
Cost of Goods Sold, Total	2.18B	2.6B	3.01B	3.17B	2.91B
Gross Profit	597M	855M	721M	458M	581M
Selling General & Admin Expenses, Total	2.1M	12M	-	-	-
Depreciation & Amortization - (IS)	57M	128M	137M	135M	190M
Amortization of Goodwill and Intangible Assets - (IS)	87M	-	-	-	-
Other Operating Expenses, Total	146M	140M	137M	135M	190M
Operating Income	451M	715M	584M	323M	391M
Interest Expense, Total	-27M	-26M	-18M	-15M	-22M
Interest And Investment Income	2M	4M	9M	14M	22M
Net Interest Expenses	-25M	-22M	-9M	-1M	0
Income (Loss) On Equity Invest.	9M	12M	8M	-	-9M
Currency Exchange Gains (Loss)	-3M	4M	2M	-5M	2M
Other Non Operating Income (Expenses)	-14M	-22M	-19M	-47M	-10M
EBT, Excl. Unusual Items	418M	687M	566M	270M	374M
Restructuring Charges	-11M	-16M	-28M	-25M	-50M
Merger & Related Restructuring Charges	-13M	-11M	-4M	-24M	-8M
Gain (Loss) On Sale Of Investments	-	-	-	-	212M
Gain (Loss) On Sale Of Assets	4M	-1M	-	-	-
Asset Writedown	-23M	-1M	-3M	-6M	-
Insurance Settlements	-	-	-	3M	-
Legal Settlements	-	-	-	-13M	-
Other Unusual Items	-50M	-178M	-30M	-12M	-7M
EBT, Incl. Unusual Items	325M	480M	501M	193M	521M
Income Tax Expense	44M	92M	66M	-16M	115M
Earnings From Continuing Operations	281M	388M	435M	209M	406M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	281M	388M	435M	209M	406M
Minority Interest	4M	-10M	-7M	1M	2M
Net Income - (IS)	285M	378M	428M	210M	408M
Net Income to Common Incl Extra Items	285M	378M	428M	210M	408M
Net Income to Common Excl. Extra Items	285M	378M	428M	210M	408M
Per Share Items
Net EPS - Basic	0.07	0.09	0.11	0.05	0.1
Basic EPS - Continuing Operations	0.07	0.09	0.11	0.05	0.1
Basic Weighted Average Shares Outstanding	4B	4B	4.01B	4.02B	3.94B
Net EPS - Diluted	0.07	0.09	0.11	0.05	0.1
Diluted EPS - Continuing Operations	0.07	0.09	0.11	0.05	0.1
Diluted Weighted Average Shares Outstanding	4.02B	4.05B	4.05B	4.06B	3.98B
Normalized Basic EPS	0.07	0.1	0.09	0.04	0.06
Normalized Diluted EPS	0.07	0.1	0.09	0.04	0.06
Dividend Per Share	-	0.03	0.05	0.05	0.05
Payout Ratio	-	-	46.96	95.71	48.53
American Depositary Receipts Ratio (ADR)	10	10	10	10	10
Supplemental Items
EBITDA	547M	805M	669M	375M	448M
EBITA	517M	763M	641M	348M	421M
EBIT	451M	715M	584M	323M	391M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	13.54	19.17	13.17	-8.29	22.07
Total Current Taxes	45M	104M	22M	-23M	83M
Total Deferred Taxes	-1M	-12M	44M	7M	32M
Normalized Net Income	265M	419M	347M	170M	236M
Interest on Long-Term Debt	4M	3M	4M	4M	5M
Non-Cash Pension Expense	14M	6M	10M	-1M	-1M
Supplemental Operating Expense Items
General and Administrative Expenses	2.1M	-	-	-	-
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., COGS (Total)	6M	-	-	16M	18M
Stock-Based Comp., SG&A Exp. (Total)	-	12M	-	-	-
Total Stock-Based Compensation	6M	12M	-	16M	18M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	668M	686M	348M	340M	427M
Total Cash And Short Term Investments	668M	686M	348M	340M	427M
Accounts Receivable, Total	802M	1.01B	685M	653M	620M
Other Receivables	68M	148M	234M	281M	324M
Total Receivables	870M	1.16B	919M	934M	944M
Inventory	-	-	493M	234M	342M
Prepaid Expenses	49M	48M	54M	58M	78M
Restricted Cash	-	50M	-	-	-
Other Current Assets, Total	314M	316M	379M	483M	375M
Total Current Assets	1.9B	2.26B	2.19B	2.05B	2.17B
Gross Property Plant And Equipment	489M	514M	545M	481M	537M
Accumulated Depreciation	-204M	-260M	-259M	-218M	-300M
Net Property Plant And Equipment	285M	254M	286M	263M	237M
Long-term Investments	77M	98M	130M	68M	31M
Goodwill	1.24B	1.24B	1.38B	1.36B	1.31B
Other Intangibles, Total	310M	249M	230M	178M	189M
Accounts Receivable Long-Term	7M	6M	-	13M	4M
Deferred Tax Assets Long-Term	34M	37M	19M	6M	7M
Other Long-Term Assets, Total	98M	99M	234M	249M	241M
Total Assets	3.95B	4.24B	4.48B	4.19B	4.19B
Liabilities
Accounts Payable, Total	108M	109M	158M	130M	199M
Accrued Expenses, Total	505M	611M	611M	631M	550M
Short-term Borrowings	7M	9M	60M	5M	10M
Current Portion of Long-Term Debt	-	281M	229M	-	-
Current Portion of Leases	22M	21M	21M	18M	15M
Current Income Taxes Payable	25M	20M	7M	-	1M
Unearned Revenue Current, Total	271M	359M	372M	187M	234M
Other Current Liabilities	466M	272M	295M	352M	320M
Total Current Liabilities	1.4B	1.68B	1.75B	1.32B	1.33B
Long-Term Debt	1.1B	768M	549M	773M	743M
Long-Term Leases	83M	71M	111M	97M	90M
Pension & Other Post Retirement Benefits	110M	96M	27M	26M	25M
Deferred Tax Liability Non Current	20M	12M	57M	59M	92M
Other Non Current Liabilities	84M	93M	102M	85M	75M
Total Liabilities	2.8B	2.72B	2.6B	2.36B	2.35B
Common Stock, Total	403M	403M	403M	406M	394M
Additional Paid In Capital	174M	174M	174M	174M	174M
Retained Earnings	296M	634M	928M	919M	923M
Comprehensive Income and Other	249M	269M	317M	287M	317M
Total Common Equity	1.12B	1.48B	1.82B	1.79B	1.81B
Minority Interest	29M	38M	54M	42M	24M
Total Equity	1.15B	1.52B	1.88B	1.83B	1.83B
Total Liabilities And Equity	3.95B	4.24B	4.48B	4.19B	4.19B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4B	4.01B	4.01B	4.02B	3.72B
ECS Total Common Shares Outstanding	4B	4.01B	4.01B	4.02B	3.72B
Book Value / Share	0.28	0.37	0.45	0.44	0.49
Tangible Book Value	-429M	-8M	209M	243M	308M
Tangible Book Value Per Share	-0.11	-0	0.05	0.06	0.08
Total Debt	1.21B	1.15B	970M	893M	858M
Net Debt	545M	464M	622M	553M	431M
Debt Equivalent of Unfunded Proj. Benefit Obligation	88M	70M	-145M	-161M	-137M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	29M	38M	54M	42M	24M
Equity Method Investments, Total	76M	94M	119M	47M	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Work In Process, Total	-	-	493M	234M	342M
Film Contract & Broadcasting Rights - Long-Term, Total	18M	21M	17M	14M	35M
Land - (BS)	12M	12M	12M	12M	11M
Machinery, Total	222M	235M	214M	207M	266M
Full Time Employees	6.27K	5.99K	7.27K	6.74K	6.13K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	46M	-	16M	8M	9M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	285M	378M	428M	210M	408M
Depreciation & Amortization - CF	57M	67M	53M	46M	47M
Amortization of Goodwill and Intangible Assets - (CF)	66M	48M	57M	25M	30M
Depreciation & Amortization, Total	123M	115M	110M	71M	77M
Amortization of Deferred Charges, Total - (CF)	21M	21M	27M	64M	37M
(Gain) Loss From Sale Of Asset	-4M	1M	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-212M
Asset Writedown & Restructuring Costs	0	9M	23M	25M	126M
(Income) Loss On Equity Investments - (CF)	-9M	-12M	-8M	-	9M
Stock-Based Compensation (CF)	6M	12M	19M	16M	18M
Provision and Write-off of Bad Debts	-	-	-	-	-
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-34M	-212M	-145M	-91M	14M
Change In Accounts Receivable	2M	-270M	-133M	274M	-177M
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	119M	135M	53M	-151M	15M
Change in Other Net Operating Assets	16M	-6M	-70M	-33M	18M
Cash from Operations	525M	171M	304M	385M	333M
Capital Expenditure	-35M	-22M	-34M	-31M	-14M
Sale of Property, Plant, and Equipment	4M	-	-	-	-
Cash Acquisitions	-	-	-96M	-1M	-13M
Divestitures	5M	-	-	-	295M
Sale (Purchase) of Intangible assets	-31M	-23M	-44M	-39M	-35M
Investment in Marketable and Equity Securities, Total	-18M	-19M	-13M	-19M	-11M
Other Investing Activities, Total	3M	-1M	-9M	-7M	24M
Cash from Investing	-72M	-65M	-196M	-97M	246M
Long-Term Debt Issued, Total	5M	21M	282M	351M	431M
Total Debt Issued	5M	21M	282M	351M	431M
Long-Term Debt Repaid, Total	-29M	-44M	-561M	-423M	-457M
Total Debt Repaid	-29M	-44M	-561M	-423M	-457M
Issuance of Common Stock	-	-	-	1M	-
Repurchase of Common Stock	-1M	-	-	-	-199M
Common Dividends Paid	-	-	-201M	-201M	-198M
Common & Preferred Stock Dividends Paid	-	-	-201M	-201M	-198M
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-3M	-12M	22M	-15M	-66M
Cash from Financing	-28M	-35M	-458M	-287M	-489M
Foreign Exchange Rate Adjustments	-3M	-3M	12M	-9M	-3M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	422M	68M	-338M	-8M	87M
Supplemental Items
Cash Interest Paid	34M	53M	56M	51M	48M
Cash Income Tax Paid (Refund)	88M	119M	55M	32M	27M
Levered Free Cash Flow	468M	241M	212M	266M	288M
Unlevered Free Cash Flow	485M	257M	223M	276M	301M
Change In Net Working Capital	-119M	293M	201M	7M	26M
Net Debt Issued / Repaid	-24M	-23M	-279M	-72M	-26M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	7.5	10.91	8.38	4.66	5.83
Return on Total Capital	12.82	17.76	13.24	7.25	9.03
Return On Equity %	27.7	29.07	25.63	11.28	22.19
Return on Common Equity	28.93	29.05	25.92	11.64	22.7
Margin Analysis
Gross Profit Margin %	21.47	24.76	19.34	12.64	16.66
SG&A Margin	0.08	0.35	-	-	-
EBITDA Margin %	19.67	23.31	17.95	10.35	12.84
EBITA Margin %	18.59	22.1	17.19	9.6	12.07
EBIT Margin %	16.22	20.71	15.67	8.91	11.21
Income From Continuing Operations Margin %	10.1	11.24	11.67	5.77	11.64
Net Income Margin %	10.25	10.95	11.48	5.79	11.7
Net Avail. For Common Margin %	10.25	10.95	11.48	5.79	11.7
Normalized Net Income Margin	9.54	12.15	9.3	4.68	6.76
Levered Free Cash Flow Margin	16.83	6.97	5.68	7.35	8.25
Unlevered Free Cash Flow Margin	17.44	7.44	5.98	7.61	8.64
Asset Turnover
Asset Turnover	0.74	0.84	0.86	0.84	0.83
Fixed Assets Turnover	10.04	12.81	13.81	13.2	13.95
Receivables Turnover (Average Receivables)	3.5	3.81	5.59	5.42	5.48
Inventory Turnover (Average Inventory)	-	-	7.05	8.71	10.09
Short Term Liquidity
Current Ratio	1.35	1.34	1.25	1.55	1.63
Quick Ratio	1.1	1.1	0.72	0.96	1.03
Operating Cash Flow to Current Liabilities	0.37	0.1	0.17	0.29	0.25
Days Sales Outstanding (Average Receivables)	104.43	95.77	65.35	67.38	66.79
Days Outstanding Inventory (Average Inventory)	-	-	51.77	41.91	36.26
Average Days Payable Outstanding	19.69	15.24	15.52	18.08	24.58
Cash Conversion Cycle (Average Days)	-	-	101.61	91.21	78.47
Long Term Solvency
Total Debt/Equity	105.39	75.76	51.71	48.85	46.83
Total Debt / Total Capital	51.31	43.1	34.08	32.82	31.9
LT Debt/Equity	102.87	55.27	35.18	47.59	45.47
Long-Term Debt / Total Capital	50.08	31.45	23.19	31.97	30.97
Total Liabilities / Total Assets	70.88	64.2	58.08	56.38	56.24
EBIT / Interest Expense	16.7	27.5	32.44	21.53	17.77
EBITDA / Interest Expense	21.26	31.92	38.56	26.27	21.27
(EBITDA - Capex) / Interest Expense	19.96	31.08	36.67	24.2	20.64
Total Debt / EBITDA	2.11	1.39	1.4	2.27	1.83
Net Debt / EBITDA	0.95	0.56	0.9	1.4	0.92
Total Debt / (EBITDA - Capex)	2.25	1.42	1.47	2.46	1.89
Net Debt / (EBITDA - Capex)	1.01	0.57	0.94	1.52	0.95
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-15.93	24.16	7.96	-2.79	-3.75
Gross Profit, 1 Yr. Growth %	-20.37	37.46	-14.47	-36.48	26.86
EBITDA, 1 Yr. Growth %	-22.74	41.73	-16.06	-43.95	20.43
EBITA, 1 Yr. Growth %	-23.63	41.82	-15.99	-45.71	20.98
EBIT, 1 Yr. Growth %	-27.02	51.48	-18.32	-44.69	21.05
Earnings From Cont. Operations, 1 Yr. Growth %	-41.21	38.08	12.11	-51.95	94.26
Net Income, 1 Yr. Growth %	-39.75	32.63	13.23	-50.93	94.29
Normalized Net Income, 1 Yr. Growth %	-21.99	50.65	-17.32	-51.05	38.88
Diluted EPS Before Extra, 1 Yr. Growth %	-39.83	30.99	13.98	-50.94	98.08
Accounts Receivable, 1 Yr. Growth %	2.17	25.94	5.38	-4.67	-5.05
Inventory, 1 Yr. Growth %	-	-	36.94	-52.54	46.15
Net Property, Plant and Equip., 1 Yr. Growth %	5.95	-10.88	12.6	-8.04	-9.89
Total Assets, 1 Yr. Growth %	10.79	7.26	5.54	-6.35	-0.12
Tangible Book Value, 1 Yr. Growth %	-43.1	-98.14	-2.71K	16.27	26.75
Common Equity, 1 Yr. Growth %	32.31	31.91	23.11	-1.98	1.23
Cash From Operations, 1 Yr. Growth %	12.18	-67.43	77.78	26.64	-13.51
Capital Expenditures, 1 Yr. Growth %	16.67	-37.14	54.55	-8.82	-54.84
Levered Free Cash Flow, 1 Yr. Growth %	-15.04	-44.19	-6.15	15.49	7.93
Unlevered Free Cash Flow, 1 Yr. Growth %	-14.97	-42.66	-5.86	14	9.24
Dividend Per Share, 1 Yr. Growth %	-	-	51.52	0	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-6.94	2.17	15.78	2.45	-3.27
Gross Profit, 2 Yr. CAGR %	-14.27	6.78	7.66	-26.29	-10.23
EBITDA, 2 Yr. CAGR %	-17.31	6.63	8.53	-31.41	-18.17
EBITA, 2 Yr. CAGR %	-18.17	6.16	9.15	-32.47	-18.96
EBIT, 2 Yr. CAGR %	-19.21	7.56	11.23	-32.79	-18.18
Earnings From Cont. Operations, 2 Yr. CAGR %	-22.68	-9.9	24.42	-26.61	-3.39
Net Income, 2 Yr. CAGR %	-21.8	-10.6	22.55	-25.46	-2.36
Normalized Net Income, 2 Yr. CAGR %	-18.8	11.06	11.61	-36.38	-17.54
Diluted EPS Before Extra, 2 Yr. CAGR %	-21.77	-11.22	22.19	-25.22	-1.43
Accounts Receivable, 2 Yr. CAGR %	2.26	13.43	-7.58	0.23	-4.86
Inventory, 2 Yr. CAGR %	-	-	-	-19.38	-16.71
Net Property, Plant and Equip., 2 Yr. CAGR %	22.15	-2.83	0.18	1.76	-8.97
Total Assets, 2 Yr. CAGR %	7.7	9.01	6.4	-0.58	-3.28
Tangible Book Value, 2 Yr. CAGR %	-27.4	-89.7	-30.2	451.14	21.4
Common Equity, 2 Yr. CAGR %	17.33	32.11	27.43	9.85	-0.38
Cash From Operations, 2 Yr. CAGR %	11.27	-39.55	-23.9	50.05	4.66
Capital Expenditures, 2 Yr. CAGR %	-20.94	-14.37	-1.44	18.71	-35.83
Levered Free Cash Flow, 2 Yr. CAGR %	23.04	-33.91	-29.92	8.68	11.65
Unlevered Free Cash Flow, 2 Yr. CAGR %	21.61	-32.88	-29.45	7.92	11.6
Dividend Per Share, 2 Yr. CAGR %	-	12.66	-	23.09	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.86	2.45	4.06	9.23	0.34
Gross Profit, 3 Yr. CAGR %	-11.01	1.71	-1.3	-9.7	-11.67
EBITDA, 3 Yr. CAGR %	-11.64	0.21	-1.87	-12.92	-17.47
EBITA, 3 Yr. CAGR %	-12.17	-0.39	-1.8	-13.52	-17.98
EBIT, 3 Yr. CAGR %	-13.34	1.14	-1.87	-11.88	-18.22
Earnings From Cont. Operations, 3 Yr. CAGR %	-12.05	-6.19	-3.09	-9.4	1.52
Net Income, 3 Yr. CAGR %	-11.34	-6.74	-3.28	-9.68	2.58
Normalized Net Income, 3 Yr. CAGR %	-12.87	1.4	0.66	-15.2	-17.47
Diluted EPS Before Extra, 3 Yr. CAGR %	-11.38	-7.1	-3.51	-9.86	3.46
Accounts Receivable, 3 Yr. CAGR %	5.55	9.61	-4.44	-6.62	-1.56
Inventory, 3 Yr. CAGR %	-	-	-	-	-1.7
Net Property, Plant and Equip., 3 Yr. CAGR %	3.64	9.97	2.06	-2.64	-2.28
Total Assets, 3 Yr. CAGR %	5.64	7.55	7.84	1.97	-0.43
Tangible Book Value, 3 Yr. CAGR %	-23.49	-78.58	-34.8	-17.26	237.67
Common Equity, 3 Yr. CAGR %	17.76	22	29.04	16.76	6.9
Cash From Operations, 3 Yr. CAGR %	4.81	-26.12	-13.4	-9.82	24.88
Capital Expenditures, 3 Yr. CAGR %	-8.71	-26.76	4.26	-3.96	-13.99
Levered Free Cash Flow, 3 Yr. CAGR %	4.9	-8.01	-27.29	-14.81	8.43
Unlevered Free Cash Flow, 3 Yr. CAGR %	4.56	-7.81	-26.87	-14.92	8.36
Dividend Per Share, 3 Yr. CAGR %	-	-25.56	24.36	-	14.86
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-1.32	2.42	3.56	2.45	1.07
Gross Profit, 5 Yr. CAGR %	-5.53	0.97	-3.18	-10.83	-4.97
EBITDA, 5 Yr. CAGR %	-8.26	-1.36	-3.34	-14.06	-8.75
EBITA, 5 Yr. CAGR %	-8.7	-1.69	-3.42	-14.73	-9.06
EBIT, 5 Yr. CAGR %	-10.03	-1.29	-3.36	-14.11	-8.75
Earnings From Cont. Operations, 5 Yr. CAGR %	-10.96	-3.05	1.04	-14.96	-3.21
Net Income, 5 Yr. CAGR %	-10.45	-3.34	0.91	-14.74	-2.91
Normalized Net Income, 5 Yr. CAGR %	-10.35	-1.17	-2.87	-15.85	-7.06
Diluted EPS Before Extra, 5 Yr. CAGR %	-10.41	-3.48	0.77	-14.83	-2.68
Accounts Receivable, 5 Yr. CAGR %	19.01	25.3	0.09	-3.17	-4.61
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	3.58	0.81	2.24	6.61	-2.5
Total Assets, 5 Yr. CAGR %	5.32	3.42	5.94	4.22	3.25
Tangible Book Value, 5 Yr. CAGR %	2.4	-61.17	-26.25	-21.48	-16.39
Common Equity, 5 Yr. CAGR %	0.14	15.44	21.54	16.99	16.35
Cash From Operations, 5 Yr. CAGR %	1.43	-23.37	-7.79	-1.91	-6.58
Capital Expenditures, 5 Yr. CAGR %	1.18	-5.38	-5.87	-11.15	-14.14
Levered Free Cash Flow, 5 Yr. CAGR %	-0.06	-18.93	-12.18	-2.92	-12.19
Unlevered Free Cash Flow, 5 Yr. CAGR %	0.2	-18.23	-12.06	-3.39	-11.97
Dividend Per Share, 5 Yr. CAGR %	-	-14.45	-8.51	-8.97	13.97