Juniper Networks Inc - Understand $jnpr stock

$JNPR Market Cap: $12 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$5.034B

TTM

Gross Margin

58.6%

TTM

Net Earnings

$250.2M

TTM

Current Assets

$3.526B

Q3 2024

Current Liabilities

$2.048B

Q3 2024

Current Ratio

172.14%

Q3 2024

Total Assets

$9.596B

Q3 2024

Total Liabilities

$4.953B

Q3 2024

Book Value

$4.643B

Q3 2024

Cash

$1.065B

Q3 2024

P/E

47.97

Nov 29, 2024 EST

Free Cash Flow

$393.7M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$5.565B	$5.301B	$4.735B	$4.445B	$4.445B	$4.648B	$5.027B	$4.990B	$4.858B	$4.627B	$4.669B	$4.365B	$4.449B	$4.093B	$3.316B	$3.572B
YoY Change	4.97%	11.95%	6.53%	-0.01%	-4.35%	-7.55%	0.74%	2.72%	4.99%	-0.9%	6.96%	-1.87%	8.68%	23.44%	-7.18%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$5.565B	$5.301B	$4.735B	$4.445B	$4.445B	$4.648B	$5.027B	$4.990B	$4.858B	$4.627B	$4.669B	$4.365B	$4.449B	$4.093B	$3.316B	$3.572B
Cost Of Revenue	$2.363B	$2.343B	$1.995B	$1.871B	$1.829B	$1.906B	$1.955B	$1.886B	$1.779B	$1.769B	$1.728B	$1.657B	$1.580B	$1.352B	$1.133B	$1.137B
Gross Profit	$3.202B	$2.958B	$2.740B	$2.574B	$2.617B	$2.741B	$3.072B	$3.105B	$3.079B	$2.858B	$2.941B	$2.709B	$2.869B	$2.742B	$2.183B	$2.435B
Gross Profit Margin	57.54%	55.8%	57.86%	57.9%	58.87%	58.98%	61.11%	62.21%	63.37%	61.77%	63.0%	62.05%	64.48%	66.98%	65.84%	68.18%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Selling, General & Admin	$1.489B	$1.383B	$1.303B	$1.194B	$1.184B	$1.159B	$1.178B	$1.198B	$1.173B	$1.255B	$1.293B	$1.252B	$1.193B	$1.035B	$918.6M	$956.9M
YoY Change	7.7%	6.17%	9.07%	0.9%	2.17%	-1.63%	-1.68%	2.14%	-6.54%	-2.98%	3.27%	5.0%	15.24%	12.67%	-4.0%
% of Gross Profit	46.52%	46.75%	47.53%	46.4%	45.23%	42.26%	38.34%	38.58%	38.09%	43.9%	43.97%	46.23%	41.58%	37.75%	42.08%	39.29%
Research & Development	$1.144B	$1.036B	$1.007B	$958.4M	$955.7M	$1.003B	$980.7M	$1.014B	$994.5M	$1.006B	$1.043B	$1.102B	$1.027B	$917.9M	$741.7M	$731.2M
YoY Change	10.45%	2.87%	5.09%	0.28%	-4.73%	2.29%	-3.26%	1.93%	-1.16%	-3.55%	-5.3%	7.28%	11.86%	23.75%	1.44%
% of Gross Profit	35.74%	35.02%	36.76%	37.24%	36.52%	36.6%	31.92%	32.65%	32.3%	35.2%	35.47%	40.67%	35.79%	33.48%	33.97%	30.02%
Depreciation & Amortization	$194.7M	$217.7M	$237.4M	$212.4M	$210.3M	$210.5M	$225.6M	$206.7M	$176.5M	$186.1M	$189.9M	$187.9M	$170.0M	$155.3M	$148.4M	$172.5M
YoY Change	-10.56%	-8.3%	11.77%	1.0%	-0.1%	-6.69%	9.14%	17.11%	-5.16%	-2.0%	1.06%	10.53%	9.47%	4.67%	-13.96%
% of Gross Profit	6.08%	7.36%	8.66%	8.25%	8.04%	7.68%	7.34%	6.66%	5.73%	6.51%	6.46%	6.94%	5.93%	5.66%	6.8%	7.08%
Operating Expenses	$2.732B	$2.419B	$2.353B	$2.221B	$2.175B	$2.169B	$2.224B	$2.215B	$2.167B	$3.278B	$2.376B	$2.401B	$2.250B	$1.974B	$1.873B	$1.741B
YoY Change	12.93%	2.82%	5.94%	2.12%	0.26%	-2.47%	0.42%	2.22%	-33.9%	37.99%	-1.05%	6.69%	13.98%	5.43%	7.58%
Operating Profit	$470.1M	$539.3M	$387.5M	$353.1M	$442.2M	$572.2M	$848.1M	$889.7M	$912.0M	-$419.7M	$565.9M	$308.1M	$618.5M	$767.6M	$310.7M	$695.0M
YoY Change	-12.83%	39.17%	9.74%	-20.15%	-22.72%	-32.53%	-4.68%	-2.45%	-317.3%	-174.17%	83.67%	-50.19%	-19.42%	147.06%	-55.29%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Interest Expense	$80.00M	$58.60M	$50.80M	$77.00M	$88.70M	$103.2M	$101.2M	$97.70M	$83.30M	$66.90M	$58.40M	$52.90M	$49.50M	$8.700M	$6.000M
YoY Change	36.52%	15.35%	-34.03%	-13.19%	-14.05%	1.98%	3.58%	17.29%	24.51%	14.55%	10.4%	6.87%	468.97%	45.0%
% of Operating Profit	17.02%	10.87%	13.11%	21.81%	20.06%	18.04%	11.93%	10.98%	9.13%		10.32%	17.17%	8.0%	1.13%	1.93%
Other Income/Expense, Net	-$23.80M	-$28.60M	-$16.80M	-$32.90M	-$12.50M	-$39.50M	-$36.30M	-$62.30M	-$59.80M	$333.4M	-$40.40M	-$16.60M	-$46.80M	$10.60M	$1.366M	-$900.0K
YoY Change	-16.78%	70.24%	-48.94%	163.2%	-68.35%	8.82%	-41.73%	4.18%	-117.94%	-925.25%	143.37%	-64.53%	-541.51%	675.99%	-251.78%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Pretax Income	$340.4M	$536.3M	$310.1M	$265.2M	$414.4M	$532.7M	$811.8M	$827.4M	$852.2M	-$86.30M	$525.5M	$291.5M	$571.7M	$778.2M	$312.1M	$363.7M
YoY Change	-36.53%	72.94%	16.93%	-36.0%	-22.21%	-34.38%	-1.89%	-2.91%	-1087.49%	-116.42%	80.27%	-49.01%	-26.54%	149.37%	-14.2%
Income Tax	$29.20M	$60.50M	$57.40M	$7.400M	$69.40M	-$34.20M	$505.6M	$234.7M	$218.5M	$248.0M	$85.70M	$105.0M	$146.7M	$158.8M	$196.8M	$217.1M
% Of Pretax Income	8.58%	11.28%	18.51%	2.79%	16.75%	-6.42%	62.28%	28.37%	25.64%		16.31%	36.02%	25.66%	20.41%	63.08%	59.7%
Net Earnings	$310.2M	$471.0M	$252.7M	$257.8M	$345.0M	$566.9M	$306.2M	$592.7M	$633.7M	-$334.3M	$439.8M	$186.5M	$425.1M	$618.4M	$117.0M	$511.7M
YoY Change	-34.14%	86.39%	-1.98%	-25.28%	-39.14%	85.14%	-48.34%	-6.47%	-289.56%	-176.01%	135.82%	-56.13%	-31.26%	428.55%	-77.14%
Net Earnings / Revenue	5.57%	8.88%	5.34%	5.8%	7.76%	12.2%	6.09%	11.88%	13.04%	-7.22%	9.42%	4.27%	9.56%	15.11%	3.53%	14.33%
Basic Earnings Per Share	$0.97	$1.46	$0.78	$0.78	$1.01	$1.62	$0.81	$1.55	$1.62	-$0.73	$0.88	$0.36	$0.80	$1.18	$0.22	$0.96
Diluted Earnings Per Share	$0.95	$1.429M	$0.76	$0.77	$0.99	$1.60	$0.80	$1.53	$1.59	-$0.73	$0.86	$0.35	$0.79	$1.15	$0.22	$0.93

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$1.208B	$1.090B	$1.238B	$1.774B	$1.954B	$3.559B	$3.033B	$2.586B
YoY Change	10.74%	-11.92%	-30.21%	-9.2%	-45.1%	17.36%	17.29%
Cash & Equivalents	$1.068B	$880.1M	$922.5M	$1.362B	$1.216B	$2.489B	$2.007B	$1.833B
Short-Term Investments	$139.4M	$210.3M	$315.5M	$412.1M	$738.0M	$1.070B	$1.026B	$752.3M
Other Short-Term Assets	$591.5M	$680.0M	$451.6M	$322.9M	$285.7M	$187.5M	$206.1M	$240.9M
YoY Change	-13.01%	50.58%	39.86%	13.02%	52.37%	-9.02%	-14.45%
Inventory	$952.4M	$619.4M	$272.6M	$210.2M	$90.60M	$80.60M	$93.80M	$91.40M
Prepaid Expenses
Receivables	$1.044B	$1.227B	$994.4M	$964.1M	$879.7M	$754.6M	$852.0M	$1.054B
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$3.796B	$3.617B	$2.957B	$3.271B	$3.210B	$4.582B	$4.185B	$3.972B
YoY Change	4.93%	22.34%	-9.62%	1.91%	-29.94%	9.49%	5.35%
Property, Plant & Equipment	$801.3M	$808.4M	$864.3M	$946.9M	$1.001B	$951.7M	$1.021B	$1.064B
YoY Change	-0.88%	-6.47%	-8.72%	-5.37%	5.14%	-6.8%	-4.01%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$116.8M	$139.6M	$455.5M	$656.6M	$589.8M	$199.0M	$988.4M	$1.135B
YoY Change	-16.33%	-69.35%	-30.63%	11.33%	196.38%	-79.87%	-12.88%
Other Assets	$978.7M	$866.7M	$564.2M	$567.3M	$514.6M	$403.5M	$415.5M	$230.6M
YoY Change	12.92%	53.62%	-0.55%	10.24%	27.53%	-2.89%	80.18%
Total Long-Term Assets	$5.723B	$5.710B	$5.930B	$6.107B	$5.628B	$4.782B	$5.649B	$5.685B
YoY Change	0.23%	-3.72%	-2.89%	8.51%	17.7%	-15.36%	-0.62%
Total Assets	$9.519B	$9.327B	$8.887B	$9.378B	$8.838B	$9.363B	$9.834B	$9.657B
YoY Change
Accounts Payable	$295.1M	$347.4M	$273.7M	$277.0M	$219.5M	$208.8M	$217.6M	$221.0M
YoY Change	-15.05%	26.93%	-1.19%	26.2%	5.12%	-4.04%	-1.54%
Accrued Expenses	$678.9M	$711.0M	$664.9M	$595.3M	$511.5M	$454.5M	$490.3M	$482.9M
YoY Change	-4.51%	6.93%	11.69%	16.38%	12.54%	-7.3%	1.53%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due			$0.00	$421.5M	$0.00	$349.9M
YoY Change			-100.0%		-100.0%
Total Short-Term Liabilities	$2.104B	$2.079B	$1.877B	$2.161B	$1.544B	$1.843B	$1.738B	$1.736B
YoY Change	1.21%	10.79%	-13.17%	39.98%	-16.21%	6.0%	0.13%
Long-Term Debt	$1.617B	$1.601B	$1.687B	$1.706B	$1.684B	$1.789B	$2.136B	$2.134B
YoY Change	0.97%	-5.07%	-1.11%	1.3%	-5.88%	-16.25%	0.12%
Other Long-Term Liabilities	$1.305B	$1.171B	$1.007B	$967.9M	$999.3M	$908.5M	$1.278B	$824.4M
YoY Change	11.41%	16.35%	4.02%	-3.14%	9.99%	-28.93%	55.07%
Total Long-Term Liabilities	$2.922B	$2.773B	$2.694B	$2.674B	$2.683B	$2.698B	$3.415B	$2.958B
YoY Change	5.38%	2.94%	0.74%	-0.35%	-0.53%	-21.0%	15.44%
Total Liabilities	$5.026B	$4.852B	$4.570B	$4.835B	$4.227B	$4.540B	$5.153B	$4.694B
YoY Change	3.59%	6.16%	-5.47%	14.38%	-6.89%	-11.89%	9.78%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Basic Shares Outstanding	320.0M shares	322.1M shares	324.4M shares	330.4M shares	343.2M shares	349.0M shares	377.7M shares	381.7M shares	390.6M shares	457.4M shares	501.8M shares	520.9M shares	529.8M shares	522.4M shares	523.6M shares	530.3M shares
Diluted Shares Outstanding	325.9M shares	329.5M shares	331.6M shares	335.2M shares	348.2M shares	354.4M shares	384.2M shares	387.8M shares	399.4M shares	457.4M shares	510.3M shares	526.2M shares	541.4M shares	538.8M shares	534.0M shares	551.4M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $12.002 Billion

About JUNIPER NETWORKS INC

Juniper Networks, Inc. engages in the business of designing, developing, and selling products and services for networks to enable customers to build networks for their businesses. The company is headquartered in Sunnyvale, California and currently employs 11,144 full-time employees. The company designs and builds products and solutions, such as Automated Wide Area Networking that provides Routing solutions for Wide Area Networking; AI-Driven Enterprise, which includes cloud management, networking and security solution for campus and branch environments, such as universities, hospitals, and bank branches, and Cloud-Ready Data Center that offers fabric management, switching, network security and software-defined networking solutions for public and private data centers. The company also offers a variety of services, including maintenance and support, professional services, Software-as-a-Service, and education and training programs to provide solutions that address its customers' needs.

Industry: Computer Communications Equipment Peers: Arista Networks, Inc. CALIX, INC CIENA CORP CISCO SYSTEMS, INC. F5, INC. VIAVI SOLUTIONS INC. Lumentum Holdings Inc. Motorola Solutions, Inc. Ubiquiti Inc.