Cash flow Rémy Cointreau

Equities

RCO

FR0000130395

Distillers & Wineries

Real-time Euronext Paris Other stock markets 09:21:52 16/01/2026 GMT			5-day change	1st Jan Change
41.06 ^EUR	-0.73%		+1.38%	+12.06%

01-08	European Stock Markets Struggle for Harmony Ahead of US Jobs Report
12-22	China's probes on EU products following EV tariffs	RE

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Published financial data: RÉMY COINTREAU

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	1.01B	1.31B	1.55B	1.19B	985M
Total Revenues	1.01B	1.31B	1.55B	1.19B	985M
Cost of Goods Sold, Total	330M	412M	445M	344M	290M
Gross Profit	680M	901M	1.1B	850M	695M
Selling General & Admin Expenses, Total	444M	567M	674M	546M	478M
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	444M	567M	674M	546M	478M
Operating Income	236M	334M	430M	304M	217M
Interest Expense, Total	-10.8M	-10.4M	-12M	-31.8M	-34M
Interest And Investment Income	100K	100K	300K	100K	400K
Net Interest Expenses	-10.7M	-10.3M	-11.7M	-31.7M	-33.6M
Income (Loss) On Equity Invest.	600K	800K	900K	600K	500K
Currency Exchange Gains (Loss)	-400K	-700K	-6.6M	-2M	-1.3M
Other Non Operating Income (Expenses)	-3.5M	-2.2M	-3.4M	-4.6M	-7.7M
EBT, Excl. Unusual Items	222M	322M	409M	267M	175M
Restructuring Charges	-	-	-	-12.4M	-5.4M
Merger & Related Restructuring Charges	-1.5M	-	-	-	-
Impairment of Goodwill	-	-500K	-7.5M	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-	-
Legal Settlements	-	-	-	-	-400K
Other Unusual Items	1.3M	-13.6M	8.5M	-400K	-200K
EBT, Incl. Unusual Items	222M	308M	410M	254M	169M
Income Tax Expense	77.6M	95.6M	116M	69.4M	48.2M
Earnings From Continuing Operations	144M	212M	294M	184M	121M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	144M	212M	294M	184M	121M
Minority Interest	300K	200K	300K	400K	500K
Net Income - (IS)	144M	212M	294M	185M	121M
Net Income to Common Incl Extra Items	144M	212M	294M	185M	121M
Net Income to Common Excl. Extra Items	144M	212M	294M	185M	121M
Per Share Items
Net EPS - Basic	2.89	4.21	5.79	3.64	2.36
Basic EPS - Continuing Operations	2.89	4.21	5.79	3.64	2.36
Basic Weighted Average Shares Outstanding	50.07M	50.44M	50.72M	50.72M	51.42M
Net EPS - Diluted	2.75	4.11	5.7	3.62	2.34
Diluted EPS - Continuing Operations	2.75	4.11	5.7	3.62	2.34
Diluted Weighted Average Shares Outstanding	52.65M	51.73M	51.6M	51.12M	51.8M
Normalized Basic EPS	2.78	3.99	5.04	3.29	2.14
Normalized Diluted EPS	2.64	3.89	4.96	3.27	2.12
Dividend Per Share	1.85	1.85	2	2	1.5
Payout Ratio	6.64	44.09	24.52	82.63	33.83
American Depositary Receipts Ratio (ADR)	0.1	0.1	0.1	0.1	0.1
Supplemental Items
EBITDA	263M	366M	461M	339M	255M
EBITA	242M	342M	435M	311M	223M
EBIT	236M	334M	430M	304M	217M
EBITDAR	263M	-	-	-	-
Effective Tax Rate - (Ratio)	34.99	31.05	28.38	27.34	28.54
Total Current Taxes	87.3M	103M	115M	61.2M	50.8M
Total Deferred Taxes	-9.7M	-7.4M	1.6M	8.3M	-2.6M
Normalized Net Income	139M	201M	256M	167M	110M
Interest on Long-Term Debt	10.3M	9M	7.2M	16.4M	25.1M
Non-Cash Pension Expense	400K	100K	300K	200K	400K
Supplemental Operating Expense Items
Advertising Expense	191M	269M	335M	255M	200M
Selling and Marketing Expenses	342M	433M	674M	255M	200M
General and Administrative Expenses	102M	134M	-	-	-
Net Rental Expense, Total	-100K	-	-	-	-
Imputed Operating Lease Interest Expense	-13.98K	-	-	-	-
Imputed Operating Lease Depreciation	-86.02K	-	-	-	-
Stock-Based Comp., Other (Total)	2.1M	8.3M	10.1M	6.2M	4.1M
Total Stock-Based Compensation	2.1M	8.3M	10.1M	6.2M	4.1M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	201M	116M	73.7M	93M	83.1M
Total Cash And Short Term Investments	201M	116M	73.7M	93M	83.1M
Accounts Receivable, Total	85.5M	124M	139M	132M	103M
Other Receivables	34.9M	56.2M	46.1M	68.4M	32.1M
Total Receivables	120M	180M	185M	201M	135M
Inventory	1.49B	1.62B	1.82B	1.96B	2.11B
Prepaid Expenses	9.5M	-	15.7M	15.6M	12.6M
Other Current Assets, Total	37.8M	84.1M	92.3M	61.1M	47.8M
Total Current Assets	1.86B	2B	2.18B	2.33B	2.38B
Gross Property Plant And Equipment	629M	697M	769M	823M	866M
Accumulated Depreciation	-274M	-304M	-319M	-336M	-369M
Net Property Plant And Equipment	356M	393M	450M	487M	497M
Long-term Investments	20.7M	17M	17.3M	19.8M	18.7M
Goodwill	31.9M	31.9M	24M	24.6M	25.2M
Other Intangibles, Total	476M	480M	482M	480M	478M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	29.5M	40.4M	31.2M	25.6M	21.3M
Other Long-Term Assets, Total	6.1M	20M	0	100K	-
Total Assets	2.78B	2.98B	3.19B	3.37B	3.42B
Liabilities
Accounts Payable, Total	330M	572M	609M	586M	554M
Accrued Expenses, Total	219M	77M	81.5M	60M	60.8M
Short-term Borrowings	77.5M	50.3M	55.2M	-	-
Current Portion of Long-Term Debt	6M	46.6M	220M	220M	188M
Current Portion of Leases	8M	8.8M	9.7M	8.2M	7.8M
Current Income Taxes Payable	27.4M	46.6M	23M	19.3M	22.2M
Unearned Revenue Current, Total	1.5M	1.4M	1.5M	1.5M	1.2M
Other Current Liabilities	50.6M	64.5M	34.8M	39.8M	30.8M
Total Current Liabilities	720M	867M	1.04B	935M	865M
Long-Term Debt	412M	347M	296M	485M	536M
Long-Term Leases	11.6M	17M	28.6M	30M	26.5M
Pension & Other Post Retirement Benefits	29.1M	26.4M	19M	20.2M	18M
Deferred Tax Liability Non Current	57.1M	56M	51.3M	54.5M	48.7M
Other Non Current Liabilities	2.1M	3.4M	1.2M	700K	700K
Total Liabilities	1.23B	1.32B	1.43B	1.53B	1.49B
Common Stock, Total	80.8M	81.8M	81.3M	82M	83.5M
Additional Paid In Capital	835M	857M	774M	824M	883M
Retained Earnings	-15.7M	-25.6M	-10.5M	-	-
Treasury Stock	-25.1M	-58.7M	-50.9M	-47M	-43.4M
Comprehensive Income and Other	674M	806M	961M	987M	1.01B
Total Common Equity	1.55B	1.66B	1.75B	1.85B	1.93B
Minority Interest	800K	1M	700K	300K	-400K
Total Equity	1.55B	1.66B	1.76B	1.85B	1.93B
Total Liabilities And Equity	2.78B	2.98B	3.19B	3.37B	3.42B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	50.26M	50.74M	50.44M	50.94M	51.89M
ECS Total Common Shares Outstanding	50.26M	50.74M	50.44M	50.94M	51.89M
Book Value / Share	30.81	32.73	34.78	36.22	37.19
Tangible Book Value	1.04B	1.15B	1.25B	1.34B	1.43B
Tangible Book Value Per Share	20.7	22.64	24.74	26.31	27.49
Total Debt	515M	470M	610M	743M	759M
Net Debt	314M	353M	537M	650M	676M
Debt Equivalent of Unfunded Proj. Benefit Obligation	28.6M	25.6M	18M	19.6M	17M
Debt Equivalent Oper. Leases	-800K	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	800K	1M	700K	300K	-400K
Equity Method Investments, Total	20.2M	16.5M	10.9M	12.7M	14M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	49.6M	59.1M	55.4M	60.7M	52.3M
Inventories - Work In Process, Total	1.32B	1.4B	1.57B	1.7B	1.82B
Inventories - Finished Goods, Total	125M	161M	193M	211M	239M
Land - (BS)	27.7M	29.5M	29.9M	30.7M	32.8M
Buildings, Total	186M	216M	224M	255M	282M
Machinery, Total	-	-	-	203M	220M
Full Time Employees	1.83K	1.92K	2.02K	1.94K	1.86K
Accumulated Allowance for Doubtful Accounts (Supple)	9.6M	400K	400K	300K	200K

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	144M	212M	294M	185M	121M
Depreciation & Amortization - CF	28.3M	32.8M	35.2M	38.8M	40.7M
Amortization of Goodwill and Intangible Assets - (CF)	5.7M	7.2M	5.8M	6.3M	6.1M
Depreciation & Amortization, Total	34M	40M	41M	45.1M	46.8M
Stock-Based Compensation (CF)	2.1M	8.3M	10.1M	6.2M	4.1M
Other Operating Activities, Total	9.3M	24.3M	-26.1M	2.7M	30M
Change In Accounts Receivable	9.3M	-38.5M	-16.7M	4.9M	30.5M
Change In Inventories	-100M	-118M	-203M	-149M	-136M
Change In Accounts Payable	79.7M	61.6M	37.3M	-8.3M	-36.8M
Change in Other Net Operating Assets	-1.6M	-45.4M	-12.5M	8.3M	11M
Cash from Operations	177M	145M	124M	94.6M	70.4M
Capital Expenditure	-54M	-54.5M	-75.6M	-80.9M	-51.2M
Sale of Property, Plant, and Equipment	1.4M	200K	-	-	200K
Cash Acquisitions	-6.7M	-	-	-	-
Investment in Marketable and Equity Securities, Total	67.8M	-11.5M	16.3M	500K	2.6M
Other Investing Activities, Total	-100K	100K	-	-	-
Cash from Investing	8.4M	-65.7M	-59.3M	-80.4M	-48.4M
Long-Term Debt Issued, Total	4.6M	114M	173M	390M	115M
Total Debt Issued	4.6M	114M	173M	390M	115M
Long-Term Debt Repaid, Total	-250M	-27.1M	-9M	-230M	-106M
Total Debt Repaid	-250M	-27.1M	-9M	-230M	-106M
Issuance of Common Stock	1.9M	3.1M	1.8M	-	-
Repurchase of Common Stock	-	-172M	-162M	-	-
Common Dividends Paid	-9.6M	-93.7M	-72.05M	-153M	-41M
Common & Preferred Stock Dividends Paid	-9.6M	-93.7M	-72.05M	-153M	-41M
Special Dividend Paid	-	-	-38.95M	-	-
Other Financing Activities, Total	100K	-	-	100K	-
Cash from Financing	-253M	-175M	-107M	7.2M	-31.9M
Foreign Exchange Rate Adjustments	-600K	11.4M	-200K	-2.2M	-
Miscellaneous Cash Flow Adjustments	-	-100K	-	-	100K
Net Change in Cash	-68.4M	-84.7M	-42.6M	19.2M	-9.8M
Supplemental Items
Cash Interest Paid	-	-	-	24.7M	-
Cash Income Tax Paid (Refund)	72.5M	89.6M	140M	88.4M	19.9M
Levered Free Cash Flow	96.45M	110M	-4.1M	-33.89M	15.48M
Unlevered Free Cash Flow	103M	116M	3.4M	-14.01M	36.72M
Change In Net Working Capital	26.4M	86.3M	241M	175M	98.6M
Net Debt Issued / Repaid	-246M	87.3M	164M	160M	9.1M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.3	7.26	8.71	5.8	3.99
Return on Total Capital	7.04	9.96	11.94	7.68	5.14
Return On Equity %	9.77	13.22	17.18	10.24	6.39
Return on Common Equity	9.79	13.24	17.21	10.27	6.42
Margin Analysis
Gross Profit Margin %	67.32	68.63	71.28	71.19	70.57
SG&A Margin	43.96	43.16	43.54	45.71	48.53
EBITDA Margin %	26.02	27.86	29.79	28.4	25.88
EBITA Margin %	23.93	26.02	28.12	26.01	22.66
EBIT Margin %	23.36	25.47	27.74	25.48	22.04
Income From Continuing Operations Margin %	14.27	16.17	18.95	15.44	12.26
Net Income Margin %	14.3	16.19	18.97	15.48	12.31
Net Avail. For Common Margin %	14.3	16.19	18.97	15.48	12.31
Normalized Net Income Margin	13.76	15.34	16.52	13.99	11.15
Levered Free Cash Flow Margin	9.55	8.38	-0.26	-2.84	1.57
Unlevered Free Cash Flow Margin	10.22	8.87	0.22	-1.17	3.73
Asset Turnover
Asset Turnover	0.36	0.46	0.5	0.36	0.29
Fixed Assets Turnover	2.93	3.51	3.67	2.55	2
Receivables Turnover (Average Receivables)	10.67	12.54	11.78	8.8	8.37
Inventory Turnover (Average Inventory)	0.23	0.26	0.26	0.18	0.14
Short Term Liquidity
Current Ratio	2.59	2.3	2.11	2.5	2.76
Quick Ratio	0.45	0.34	0.25	0.31	0.25
Operating Cash Flow to Current Liabilities	0.25	0.17	0.12	0.1	0.08
Days Sales Outstanding (Average Receivables)	34.22	29.11	30.97	41.59	43.61
Days Outstanding Inventory (Average Inventory)	1.58K	1.38K	1.41K	2.01K	2.56K
Average Days Payable Outstanding	262.07	359.34	334.22	445.61	481.06
Cash Conversion Cycle (Average Days)	1.35K	1.05K	1.1K	1.61K	2.12K
Long Term Solvency
Total Debt/Equity	33.26	28.26	34.78	40.24	39.32
Total Debt / Total Capital	24.96	22.03	25.8	28.69	28.22
LT Debt/Equity	27.36	21.9	18.52	27.9	29.16
Long-Term Debt / Total Capital	20.53	17.07	13.74	19.89	20.93
Total Liabilities / Total Assets	44.3	44.21	44.93	45.25	43.66
EBIT / Interest Expense	21.85	32.15	35.8	9.57	6.38
EBITDA / Interest Expense	25	36	39.22	10.99	7.76
(EBITDA - Capex) / Interest Expense	20	30.76	32.92	8.44	6.25
Total Debt / EBITDA	1.91	1.25	1.3	2.13	2.88
Net Debt / EBITDA	1.16	0.94	1.14	1.86	2.56
Total Debt / (EBITDA - Capex)	2.39	1.47	1.55	2.77	3.57
Net Debt / (EBITDA - Capex)	1.46	1.1	1.36	2.42	3.18
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-1.42	29.96	17.94	-22.89	-17.54
Gross Profit, 1 Yr. Growth %	0.47	32.5	22.49	-22.98	-18.27
EBITDA, 1 Yr. Growth %	8.91	35.48	23.21	-26.49	-24.86
EBITA, 1 Yr. Growth %	12.37	44.75	30.2	-27.7	-26.68
EBIT, 1 Yr. Growth %	9.72	41.69	28.47	-29.17	-28.69
Earnings From Cont. Operations, 1 Yr. Growth %	34.89	47.23	38.25	-37.17	-34.54
Net Income, 1 Yr. Growth %	27.42	47.06	38.26	-37.1	-34.42
Normalized Net Income, 1 Yr. Growth %	18.55	44.88	26.98	-34.7	-34.25
Diluted EPS Before Extra, 1 Yr. Growth %	34.8	49.45	38.69	-36.49	-35.36
Accounts Receivable, 1 Yr. Growth %	-17.71	44.91	12.11	-4.61	-22.42
Inventory, 1 Yr. Growth %	9.43	8.24	12.4	8.1	7.28
Net Property, Plant and Equip., 1 Yr. Growth %	6.72	10.63	14.31	8.32	1.99
Total Assets, 1 Yr. Growth %	-0.27	7.1	7	5.76	1.59
Tangible Book Value, 1 Yr. Growth %	15.04	10.43	8.64	7.41	6.39
Common Equity, 1 Yr. Growth %	10.4	7.25	5.64	5.18	4.57
Cash From Operations, 1 Yr. Growth %	119.88	-18.19	-14.3	-23.77	-25.58
Capital Expenditures, 1 Yr. Growth %	-16.67	0.93	38.72	7.01	-36.71
Levered Free Cash Flow, 1 Yr. Growth %	133.39	15.17	-103.73	726.52	-145.67
Unlevered Free Cash Flow, 1 Yr. Growth %	114.39	12.89	-97.08	-512.13	-362.09
Dividend Per Share, 1 Yr. Growth %	85	0	8.11	0	-25
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-5.28	13.19	23.81	-4.63	-20.26
Gross Profit, 2 Yr. CAGR %	-2.18	15.38	27.4	-2.87	-20.66
EBITDA, 2 Yr. CAGR %	-5.44	23.1	30.71	-4.83	-25.68
EBITA, 2 Yr. CAGR %	-4.26	26.02	35.83	-3.62	-27.94
EBIT, 2 Yr. CAGR %	-5.4	24.68	34.92	-4.61	-28.93
Earnings From Cont. Operations, 2 Yr. CAGR %	-4.77	40.92	42.67	-6.8	-35.87
Net Income, 2 Yr. CAGR %	-4.73	36.89	42.59	-6.75	-35.77
Normalized Net Income, 2 Yr. CAGR %	-1.67	31.06	35.63	-8.94	-34.48
Diluted EPS Before Extra, 2 Yr. CAGR %	-4.73	41.94	43.97	-6.15	-35.93
Accounts Receivable, 2 Yr. CAGR %	-33.7	9.2	27.46	3.41	-13.97
Inventory, 2 Yr. CAGR %	9.47	8.83	10.3	10.23	7.68
Net Property, Plant and Equip., 2 Yr. CAGR %	9.02	8.66	12.46	11.28	5.11
Total Assets, 2 Yr. CAGR %	2.94	3.35	7.05	6.38	3.65
Tangible Book Value, 2 Yr. CAGR %	6.94	12.71	9.53	8.02	6.9
Common Equity, 2 Yr. CAGR %	4.24	8.82	6.44	5.41	4.88
Cash From Operations, 2 Yr. CAGR %	82.57	34.12	-16.27	-19.17	-24.68
Capital Expenditures, 2 Yr. CAGR %	10.03	-8.29	18.32	21.84	-17.7
Levered Free Cash Flow, 2 Yr. CAGR %	35.67	63.15	-79.28	-44.46	94.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	31.46	55.57	-81.85	-65.32	228.66
Dividend Per Share, 2 Yr. CAGR %	5.89	36.01	3.98	3.98	-13.4
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.58	5.26	14.75	5.73	-9.15
Gross Profit, 3 Yr. CAGR %	-3.66	8.23	17.7	7.72	-8.3
EBITDA, 3 Yr. CAGR %	0.59	7.56	24.09	7.89	-12.04
EBITA, 3 Yr. CAGR %	0.7	9.01	26.5	9.59	-12.62
EBIT, 3 Yr. CAGR %	-0.1	8.24	25.93	8.84	-13.42
Earnings From Cont. Operations, 3 Yr. CAGR %	-0.86	10.12	40.03	8.54	-17.16
Net Income, 3 Yr. CAGR %	-0.84	10.1	37.34	8.55	-17.07
Normalized Net Income, 3 Yr. CAGR %	1.06	11.89	29.68	6.3	-18.31
Diluted EPS Before Extra, 3 Yr. CAGR %	-0.95	10.7	40.85	9.6	-17.12
Accounts Receivable, 3 Yr. CAGR %	-15.52	-13.96	10.16	15.72	-6.03
Inventory, 3 Yr. CAGR %	8.44	9.06	10.01	9.56	9.23
Net Property, Plant and Equip., 3 Yr. CAGR %	13.54	9.56	10.51	11.06	8.09
Total Assets, 3 Yr. CAGR %	3.05	4.31	4.55	6.62	4.76
Tangible Book Value, 3 Yr. CAGR %	5.04	8.09	11.34	8.82	7.48
Common Equity, 3 Yr. CAGR %	3.24	5.23	7.75	6.02	5.13
Cash From Operations, 3 Yr. CAGR %	-1.37	39.71	15.52	-18.85	-21.37
Capital Expenditures, 3 Yr. CAGR %	17.13	6.91	5.27	14.42	-2.06
Levered Free Cash Flow, 3 Yr. CAGR %	-8.64	28.04	-53.71	-29.21	-47.97
Unlevered Free Cash Flow, 3 Yr. CAGR %	-8.3	24.96	-58.66	-48.6	-31.94
Dividend Per Share, 3 Yr. CAGR %	3.89	3.89	25.99	2.63	-6.75
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-0.78	3.7	6.56	1.18	-0.8
Gross Profit, 5 Yr. CAGR %	0.43	4.28	7.73	3.64	0.52
EBITDA, 5 Yr. CAGR %	5.92	8.21	12.3	2.9	1.09
EBITA, 5 Yr. CAGR %	6.26	8.6	12.96	3.33	0.73
EBIT, 5 Yr. CAGR %	5.76	8.14	12.66	2.91	0.18
Earnings From Cont. Operations, 5 Yr. CAGR %	7.07	11.12	14.68	3.01	2.46
Net Income, 5 Yr. CAGR %	7.13	2.23	14.67	3.03	1.34
Normalized Net Income, 5 Yr. CAGR %	8.77	13.04	13.69	3.04	-1.31
Diluted EPS Before Extra, 5 Yr. CAGR %	5.46	11.17	15.03	3.62	2.78
Accounts Receivable, 5 Yr. CAGR %	-11.24	-4.4	-0.41	-7.39	-0.21
Inventory, 5 Yr. CAGR %	6.14	7.12	9.18	9.52	9.07
Net Property, Plant and Equip., 5 Yr. CAGR %	9.76	10.63	13.1	10.24	8.32
Total Assets, 5 Yr. CAGR %	4.04	4.06	4.63	5.13	4.19
Tangible Book Value, 5 Yr. CAGR %	10.75	8.15	6.81	8.06	9.54
Common Equity, 5 Yr. CAGR %	6.85	4.98	4.51	5.3	6.59
Cash From Operations, 5 Yr. CAGR %	11.18	1.47	-7.62	12.24	-2.65
Capital Expenditures, 5 Yr. CAGR %	11.88	8.11	17.61	12.65	-4.6
Levered Free Cash Flow, 5 Yr. CAGR %	19.96	1.86	-49.63	-8.35	-17.84
Unlevered Free Cash Flow, 5 Yr. CAGR %	14.6	0.77	-52.03	-25.17	-5.27
Dividend Per Share, 5 Yr. CAGR %	2.95	2.31	3.92	3.92	8.45