Financial Snapshot

Revenue
$425.9M
TTM
Gross Margin
52.5%
TTM
Net Earnings
$51.64M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
372.92%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$1.285B
Q4 2024
Cash
Q4 2024
P/E
31.47
Nov 29, 2024 EST
Free Cash Flow
-$15.80M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019
Revenue $405.5M $403.0M $372.5M $336.6M $270.6M $241.2M
YoY Change 0.62% 8.18% 10.66% 24.37% 12.21%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019
Revenue $405.5M $403.0M $372.5M $336.6M $270.6M $241.2M
Cost Of Revenue $190.6M $187.3M $187.3M $169.3M $133.8M $128.2M
Gross Profit $214.9M $215.7M $185.2M $167.3M $136.9M $113.0M
Gross Profit Margin 53.01% 53.52% 49.71% 49.72% 50.58% 46.85%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019
Selling, General & Admin $113.7M $109.7M $97.74M $89.82M $65.91M $65.74M
YoY Change 3.61% 12.24% 8.83% 36.27% 0.25%
% of Gross Profit 52.89% 50.87% 52.78% 53.67% 48.15% 58.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $37.17M $27.77M $23.43M $21.34M $22.76M $25.07M
YoY Change 33.85% 18.53% 9.76% -6.21% -9.23%
% of Gross Profit 17.29% 12.87% 12.65% 12.75% 16.62% 22.19%
Operating Expenses $118.0M $109.7M $97.74M $89.82M $65.91M $65.74M
YoY Change 7.52% 12.24% 8.83% 36.27% 0.25%
Operating Profit $96.97M $106.0M $87.31M $84.09M $63.19M $55.87M
YoY Change -8.5% 21.38% 3.83% 33.07% 13.11%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019
Interest Expense -$18.82M $11.72M $6.777M $13.62M $17.92M $20.94M
YoY Change -260.56% 72.95% -50.23% -24.02% -14.39%
% of Operating Profit -19.41% 11.06% 7.76% 16.19% 28.36% 37.48%
Other Income/Expense, Net $800.0K -$11.51M -$4.563M -$7.113M -$20.38M -$25.93M
YoY Change -106.95% 152.22% -35.85% -65.1% -21.38%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019
Pretax Income $76.82M $94.47M $82.75M $76.98M $42.81M $29.94M
YoY Change -18.68% 14.16% 7.5% 79.81% 42.97%
Income Tax $20.80M $25.18M $22.52M $21.01M $10.43M $7.842M
% Of Pretax Income 27.08% 26.66% 27.22% 27.29% 24.37% 26.19%
Net Earnings $56.01M $69.30M $60.19M $55.98M $32.38M $22.10M
YoY Change -19.17% 15.13% 7.53% 72.89% 46.52%
Net Earnings / Revenue 13.81% 17.2% 16.16% 16.63% 11.96% 9.16%
Basic Earnings Per Share $0.60 $0.52 $0.52 $0.32 $0.22
Diluted Earnings Per Share $0.45 $0.60 $0.52 $0.52 $0.32 $0.22

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019
Cash & Short-Term Investments $10.87M $6.400M $3.167M $4.244M $6.300M $3.800M
YoY Change 69.88% 102.08% -25.38% -32.63% 65.79%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $14.59M $10.20M $13.90M $9.167M $2.700M $2.100M
YoY Change 43.08% -26.61% 51.61% 239.52% 28.57%
Inventory $449.0M $322.2M $285.4M $267.7M $245.3M $234.7M
Prepaid Expenses
Receivables $52.26M $48.70M $37.03M $33.25M $26.50M $22.50M
Other Receivables $10.84M $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $537.5M $387.5M $339.5M $314.4M $280.7M $263.0M
YoY Change 38.72% 14.13% 7.99% 12.01% 6.73%
Property, Plant & Equipment $595.6M $343.9M $293.0M $240.9M $242.8M $243.9M
YoY Change 73.19% 17.36% 21.62% -0.77% -0.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.555M $6.800M $1.963M $2.021M $1.700M $1.700M
YoY Change 11.1% 246.41% -2.87% 18.88% 0.0%
Total Long-Term Assets $1.279B $960.2M $912.0M $868.7M $877.9M $898.6M
YoY Change 33.25% 5.29% 4.98% -1.05% -2.3%
Total Assets $1.817B $1.348B $1.252B $1.183B $1.159B $1.162B
YoY Change
Accounts Payable $5.774M $4.800M $3.382M $2.620M $3.700M $2.300M
YoY Change 20.29% 41.93% 29.08% -29.19% 60.87%
Accrued Expenses $44.49M $44.20M $43.72M $36.31M $22.20M $21.00M
YoY Change 0.65% 1.09% 20.43% 63.54% 5.71%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.721M $9.700M $9.810M $11.32M $13.40M $11.00M
YoY Change 0.22% -1.12% -13.37% -15.49% 21.82%
Total Short-Term Liabilities $66.74M $74.50M $60.00M $56.78M $51.80M $41.00M
YoY Change -10.41% 24.16% 5.67% 9.62% 26.34%
Long-Term Debt $301.7M $223.6M $213.7M $236.0M $365.5M $405.0M
YoY Change 34.94% 4.61% -9.42% -35.44% -9.75%
Other Long-Term Liabilities $24.99M $17.00M $20.12M $1.458M $2.000M $4.800M
YoY Change 47.01% -15.5% 1279.9% -27.1% -58.33%
Total Long-Term Liabilities $326.7M $240.6M $233.9M $237.4M $367.5M $409.8M
YoY Change 35.8% 2.88% -1.5% -35.39% -10.32%
Total Liabilities $545.2M $405.9M $384.9M $381.4M $504.5M $541.0M
YoY Change 34.31% 5.45% 0.92% -24.39% -6.75%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019
Basic Shares Outstanding 115.2M shares 115.1M shares 106.7M shares 101.7M shares 101.7M shares
Diluted Shares Outstanding 115.4M shares 115.4M shares 106.9M shares 101.7M shares 101.7M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.6251 Billion

About Duckhorn Portfolio, Inc.

The Duckhorn Portfolio, Inc. engages in the selection, winemaking techniques, and barrel-aging program. The firm makes a curated and comprehensive portfolio of luxury wines across multiple varieties, appellations, brands and price points. The company has eleven wineries, 10 winemaking facilities, eight tasting rooms and over 2,200 coveted acres of vineyards spanning 38 estate properties. The company sells its wines in all 50 states, the District of Columbia and over 50 countries at prices ranging from $20 to $230 per bottle under a portfolio of winery brands, including Duckhorn Vineyards, Decoy, Sonoma-Cutrer, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. The company sources grapes from its own estate vineyards and fine growers in Napa Valley, Sonoma County, Anderson Valley, California’s North and Central coasts, Oregon, and Washington State. The company sells wines in its wholesale channel, to distributors and directly to trade accounts in California, and to consumers in its direct to consumer (DTC) channel.

Industry: Beverages Peers: Vintage Wine Estates, Inc. CONSTELLATION BRANDS, INC. SPLASH BEVERAGE GROUP, INC. Crimson Wine Group, Ltd Fresh Vine Wine, Inc. Iconic Brands, Inc. MGP INGREDIENTS INC WILLAMETTE VALLEY VINEYARDS INC