$SXT
SENSIENT TECHNOLOGIES CORP Stock $sxt

$sxt Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000114036124036129 Filed on August 07, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$392.6M	$403.5M
YoY Change	7.91%	7.8%
Cost Of Revenue	$262.0M	$272.6M
YoY Change	4.72%	8.11%
Gross Profit	$130.6M	$130.9M
YoY Change	14.95%	7.16%
Gross Profit Margin	33.27%	32.45%
Selling, General & Admin	$78.88M	$79.52M
YoY Change	14.16%	12.66%
% of Gross Profit	60.39%	60.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$15.46M	$15.02M
YoY Change	4.67%	3.99%
% of Gross Profit	11.84%	11.47%
Operating Expenses	$78.88M	$79.52M
YoY Change	14.16%	12.66%
Operating Profit	$51.73M	$51.41M
YoY Change	16.17%	-0.35%
Interest Expense	-$7.696M	-$7.653M
YoY Change	-222.28%	20.48%
% of Operating Profit	-14.88%	-14.89%
Other Income/Expense, Net
YoY Change
Pretax Income	$42.82M	$42.00M
YoY Change	12.0%	-7.15%
Income Tax	$10.13M	$11.07M
% Of Pretax Income	23.66%	26.36%
Net Earnings	$32.69M	$30.93M
YoY Change	3.64%	-9.11%
Net Earnings / Revenue	8.33%	7.67%
Basic Earnings Per Share	$0.78	$0.73
Diluted Earnings Per Share	$0.77	$0.73
COMMON SHARES
Basic Shares Outstanding	42.37M	42.36M
Diluted Shares Outstanding	42.43M	42.40M

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$36.97M	$30.34M
YoY Change	15.58%	-16.98%
Cash & Equivalents	$36.97M	$30.34M
Short-Term Investments
Other Short-Term Assets	$38.97M	$44.90M
YoY Change	-6.04%	4.55%
Inventory	$580.8M	$553.4M
Prepaid Expenses
Receivables	$302.0M	$315.6M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$958.8M	$944.3M
YoY Change	1.44%	-2.52%
LONG-TERM ASSETS
Property, Plant & Equipment	$494.6M	$491.1M
YoY Change	-2.36%	-2.74%
Goodwill	$425.9M	$418.2M
YoY Change	2.49%	-0.95%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$151.0M	$129.7M
YoY Change	59.51%	-2.14%
Total Long-Term Assets	$1.084B	$1.051B
YoY Change	1.76%	-2.5%
TOTAL ASSETS
Total Short-Term Assets	$958.8M	$944.3M
Total Long-Term Assets	$1.084B	$1.051B
Total Assets	$2.043B	$1.995B
YoY Change	1.61%	-2.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$119.2M	$107.2M
YoY Change	7.45%	-10.16%
Accrued Expenses	$105.1M	$86.33M
YoY Change	27.43%	14.12%
Deferred Revenue
YoY Change
Short-Term Debt	$17.81M	$27.00M
YoY Change		74.88%
Long-Term Debt Due	$17.81M	$27.00M
YoY Change	-21.91%	74.88%
Total Short-Term Liabilities	$256.5M	$227.0M
YoY Change	14.58%	1.97%
LONG-TERM LIABILITIES
Long-Term Debt	$625.6M	$634.7M
YoY Change	-3.54%	-7.56%
Other Long-Term Liabilities	$80.08M	$75.39M
YoY Change	115.76%	-8.85%
Total Long-Term Liabilities	$705.7M	$710.1M
YoY Change	2.92%	-7.7%
TOTAL LIABILITIES
Total Short-Term Liabilities	$256.5M	$227.0M
Total Long-Term Liabilities	$705.7M	$710.1M
Total Liabilities	$962.2M	$937.1M
YoY Change	5.79%	-5.53%
SHAREHOLDERS EQUITY
Retained Earnings	$1.769B	$1.754B
YoY Change	1.11%	1.05%
Common Stock	$121.7M	$120.1M
YoY Change	-0.39%	0.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.080B	$1.058B
YoY Change
Total Liabilities & Shareholders Equity	$2.043B	$1.995B
YoY Change	1.61%	-2.51%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$32.69M	$30.93M
YoY Change	3.64%	-9.11%
Depreciation, Depletion And Amortization	$15.46M	$15.02M
YoY Change	4.67%	3.99%
Cash From Operating Activities	$76.82M	$43.81M
YoY Change	39.36%	-19.97%
INVESTING ACTIVITIES
Capital Expenditures	$13.24M	$11.82M
YoY Change	-41.38%	-48.29%
Acquisitions
YoY Change
Other Investing Activities	-$1.066M	-$132.0K
YoY Change	-1906.78%	-104.87%
Cash From Investing Activities	-$14.30M	-$11.95M
YoY Change	-36.49%	-40.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-49.06M	-16.96M
YoY Change	32.67%	-29.37%
NET CHANGE
Cash From Operating Activities	76.82M	43.81M
Cash From Investing Activities	-14.30M	-11.95M
Cash From Financing Activities	-49.06M	-16.96M
Net Change In Cash	13.46M	14.90M
YoY Change	-407.35%	40.81%
FREE CASH FLOW
Cash From Operating Activities	$76.82M	$43.81M
Capital Expenditures	$13.24M	$11.82M
Free Cash Flow	$63.58M	$31.99M
YoY Change	95.4%	0.33%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	WI
	dei	Security Exchange Name SecurityExchangeName	NYSE
	sxt	Portfolio Optimization Plan Costs PortfolioOptimizationPlanCosts	1495000
	sxt	Portfolio Optimization Plan Costs PortfolioOptimizationPlanCosts	0
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Entity Central Index Key EntityCentralIndexKey	0000310142
	dei	Entity Address State Or Province EntityAddressStateOrProvince	WI
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	1063936000
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	30932000
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-22449000
CY2024Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.41
CY2024Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	17373000
CY2024Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2916000
CY2024Q2	sxt	Nonvested Stock Issued Upon Vesting NonvestedStockIssuedUponVesting	0
CY2024Q2	us-gaap	Stockholders Equity Other StockholdersEquityOther	187000
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	1057775000
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	1028221000
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	34033000
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	7166000
CY2023Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.41
CY2023Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	17322000
CY2023Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2499000
CY2023Q2	sxt	Nonvested Stock Issued Upon Vesting NonvestedStockIssuedUponVesting	0
CY2023Q2	us-gaap	Stockholders Equity Other StockholdersEquityOther	333000
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	1054264000
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1053324000
	us-gaap	Net Income Loss NetIncomeLoss	61872000
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-26060000
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.82
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	34685000
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	4911000
	sxt	Nonvested Stock Issued Upon Vesting NonvestedStockIssuedUponVesting	0
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1421000
	us-gaap	Stockholders Equity Other StockholdersEquityOther	3008000
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	us-gaap	Net Income Loss NetIncomeLoss	67684000
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	23467000
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.82
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	34577000
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	4766000
	sxt	Nonvested Stock Issued Upon Vesting NonvestedStockIssuedUponVesting	0
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	1327000
	us-gaap	Stockholders Equity Other StockholdersEquityOther	8001000
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	1054264000
CY2024Q2	sxt	Portfolio Optimization Plan Cost Current PortfolioOptimizationPlanCostCurrent	2800000
CY2023Q4	sxt	Portfolio Optimization Plan Cost Current PortfolioOptimizationPlanCostCurrent	3700000
CY2024Q2	sxt	Portfolio Optimization Plan Expected Cost PortfolioOptimizationPlanExpectedCost	40000000
	sxt	Portfolio Optimization Plan Cost Incurred PortfolioOptimizationPlanCostIncurred	32400000
	sxt	Portfolio Optimization Plan Expected Reduction In Number Of Positions PortfolioOptimizationPlanExpectedReductionInNumberOfPositions	100
CY2024Q2	sxt	Portfolio Optimization Plan Expenses PortfolioOptimizationPlanExpenses	1752000
	sxt	Portfolio Optimization Plan Expenses PortfolioOptimizationPlanExpenses	4564000
	sxt	Number Of Portfolio Segments NumberOfPortfolioSegments	1
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3882000
CY2024Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	496000
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	5000
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	-98000
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4275000
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4045000
CY2023Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	371000
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	193000
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	70000
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4293000
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4373000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	803000
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	752000
	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	-149000
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4275000
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4436000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	491000
	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	807000
	us-gaap	Allowance For Doubtful Accounts Receivable Period Increase Decrease AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease	173000
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	4293000
CY2024Q2	us-gaap	Inventory Finished Goods And Work In Process InventoryFinishedGoodsAndWorkInProcess	407100000
CY2023Q4	us-gaap	Inventory Finished Goods And Work In Process InventoryFinishedGoodsAndWorkInProcess	437100000
CY2024Q2	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	146400000
CY2023Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	161300000
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	403525000
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	49657000
CY2024Q2	us-gaap	Interest Expense InterestExpense	7653000
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	42004000
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	374313000
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	51591000
CY2023Q2	us-gaap	Interest Expense InterestExpense	6352000
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	45239000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	788195000
	us-gaap	Operating Income Loss OperatingIncomeLoss	99063000
	us-gaap	Interest Expense InterestExpense	14698000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	84365000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	743319000
	us-gaap	Operating Income Loss OperatingIncomeLoss	102429000
	us-gaap	Interest Expense InterestExpense	12354000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	90075000
CY2024Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	403525000
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	374313000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	788195000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	743319000
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	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	788195000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	743319000
CY2024Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.264
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.248
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.267
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.249
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-25700000
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	360000
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CY2024Q2	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	70000
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	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	861000
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CY2023Q2	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	621000
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
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CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001140361-24-036129-index-headers.html	Edgar Link	pending
0001140361-24-036129-index.html	Edgar Link	pending
0001140361-24-036129.txt	Edgar Link	pending
0001140361-24-036129-xbrl.zip	Edgar Link	pending
ef20030107_10q.htm	Edgar Link	pending
ef20030107_ex31.htm	Edgar Link	pending
ef20030107_ex32.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
sxt-20240630.xsd	Edgar Link	pending
sxt-20240630_cal.xml	Edgar Link	unprocessable
ef20030107_10q_htm.xml	Edgar Link	completed
sxt-20240630_def.xml	Edgar Link	unprocessable
sxt-20240630_lab.xml	Edgar Link	unprocessable
sxt-20240630_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable

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$SXT
SENSIENT TECHNOLOGIES CORP Stock $sxt

2024 Q3 Form 10-Q Financial Statement

#000114036124036129 Filed on August 07, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SXT SENSIENT TECHNOLOGIES CORP Stock $sxt

2024 Q3 Form 10-Q Financial Statement

#000114036124036129 Filed on August 07, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SXT
SENSIENT TECHNOLOGIES CORP Stock $sxt