Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Harsco.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.07B | $1.89B | $1.85B | $1.86B | $1.50B | $1.72B | $1.61B | $1.45B | $1.72B | $2.07B |
| Cost of Revenue | $1.63B | $1.55B | $1.49B | $1.50B | $1.14B | $1.29B | $1.22B | $1.17B | $1.36B | $1.65B |
| Gross Profit | $435.56M | $335.73M | $357.84M | $363.05M | $359.45M | $433.64M | $386.34M | $280.76M | $366.73M | $418.95M |
| Gross Profit Ratio | 21.00% | 17.77% | 19.40% | 19.48% | 23.90% | 25.18% | 24.04% | 19.35% | 21.28% | 20.28% |
| Research and Development Expenses | $1.29M | $690.00K | $956.00K | $3.25M | $4.82M | $5.55M | $4.23M | $4.28M | $4.51M | $6.35M |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $238.69M | $234.67M | $200.39M | $242.11M | $285.25M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $312.38M | $268.07M | $272.23M | $327.93M | $252.97M | $238.69M | $234.67M | $200.39M | $242.11M | $285.25M |
| Other Expenses | $10.88M | $1.25M | $19.36M | $-3.56M | $-2.87M | $- | $4.64M | $12.62M | $31.57M | $63.88M |
| Operating Expenses | $324.55M | $268.76M | $273.19M | $331.18M | $257.79M | $244.24M | $238.90M | $204.67M | $246.62M | $291.60M |
| Cost and Expenses | $1.96B | $1.82B | $1.76B | $1.83B | $1.40B | $1.53B | $1.46B | $1.38B | $1.60B | $1.94B |
| Interest Income | $6.67M | $3.56M | $2.23M | $2.17M | $1.98M | $2.15M | $2.47M | $2.48M | $1.57M | $1.70M |
| Interest Expense | $-103.87M | $75.16M | $63.23M | $61.61M | $44.29M | $38.15M | $47.55M | $51.58M | $46.80M | $47.11M |
| Depreciation and Amortization | $138.96M | $163.85M | $179.04M | $159.70M | $134.88M | $132.78M | $129.94M | $141.49M | $156.47M | $176.33M |
| EBITDA | $111.01M | $235.63M | $267.41M | $190.19M | $239.16M | $320.89M | $269.11M | $114.04M | $237.15M | $225.82M |
| EBITDA Ratio | 5.37% | 12.47% | 14.47% | 10.20% | 15.90% | 18.63% | 16.75% | 7.86% | 13.76% | 10.93% |
| Operating Income | $111.01M | $71.78M | $88.38M | $30.48M | $104.28M | $190.93M | $142.80M | $63.47M | $88.54M | $63.47M |
| Operating Income Ratio | 5.37% | 3.80% | 4.78% | 1.64% | 6.93% | 11.09% | 8.89% | 4.37% | 5.14% | 3.07% |
| Total Other Income Expenses Net | $-129.56M | $-194.74M | $-50.87M | $-52.21M | $-47.81M | $-33.67M | $-47.35M | $-142.94M | $-53.72M | $-55.15M |
| Income Before Tax | $-18.55M | $-122.96M | $37.51M | $-31.12M | $56.47M | $157.25M | $95.45M | $-79.47M | $34.81M | $8.32M |
| Income Before Tax Ratio | -0.90% | -6.51% | 2.03% | -1.67% | 3.76% | 9.13% | 5.94% | -5.48% | 2.02% | 0.40% |
| Income Tax Expense | $-28.18M | $10.38M | $9.09M | $-2.78M | $20.21M | $12.90M | $83.80M | $6.64M | $27.68M | $27.17M |
| Net Income | $-86.12M | $-133.34M | $28.42M | $-28.35M | $36.26M | $137.06M | $7.82M | $-85.67M | $6.19M | $-24.79M |
| Net Income Ratio | -4.16% | -7.06% | 1.54% | -1.52% | 2.41% | 7.96% | 0.49% | -5.90% | 0.36% | -1.20% |
| EPS | $-1.08 | $-1.68 | $0.36 | $-0.36 | $0.46 | $1.64 | $0.10 | $-1.07 | $0.08 | $-0.31 |
| EPS Diluted | $-1.08 | $-1.68 | $0.35 | $-0.36 | $0.45 | $1.64 | $0.09 | $-1.07 | $0.08 | $-0.31 |
| Weighted Average Shares Outstanding | 79.80M | 79.49M | 79.23M | 78.94M | 79.63M | 83.59M | 80.55M | 80.33M | 80.23M | 80.88M |
| Weighted Average Shares Outstanding Diluted | 79.80M | 79.49M | 80.29M | 78.94M | 81.38M | 83.59M | 82.84M | 80.33M | 80.36M | 80.88M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $121.24M | $81.33M | $82.91M | $76.45M | $57.26M | $64.26M | $62.10M | $71.88M | $79.76M | $62.84M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $121.24M | $81.33M | $82.91M | $76.45M | $57.26M | $64.26M | $62.10M | $71.88M | $79.76M | $62.84M |
| Net Receivables | $314.63M | $289.81M | $410.94M | $496.40M | $362.42M | $369.65M | $308.26M | $257.61M | $285.27M | $353.25M |
| Inventory | $86.29M | $81.38M | $70.49M | $173.01M | $156.99M | $133.11M | $178.29M | $187.68M | $216.97M | $177.26M |
| Other Current Assets | $305.20M | $315.22M | $310.63M | $69.96M | $76.14M | $38.01M | $43.44M | $60.52M | $82.53M | $88.47M |
| Total Current Assets | $827.36M | $767.74M | $874.97M | $815.82M | $652.81M | $605.03M | $592.09M | $577.69M | $664.52M | $681.82M |
| Property Plant Equipment Net | $759.12M | $758.13M | $755.49M | $765.06M | $613.85M | $469.90M | $479.75M | $490.25M | $564.03M | $663.24M |
| Goodwill | $767.95M | $759.25M | $883.11M | $902.07M | $738.37M | $411.55M | $401.76M | $382.25M | $400.37M | $416.15M |
| Intangible Assets | $324.86M | $352.16M | $402.80M | $438.56M | $299.08M | $79.83M | $38.25M | $41.57M | $53.06M | $58.52M |
| Goodwill and Intangible Assets | $1.09B | $1.11B | $1.29B | $1.34B | $1.04B | $491.38M | $440.01M | $423.82M | $453.43M | $474.68M |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $- | $1.94M | $252.61M | $288.50M |
| Tax Assets | $15.32M | $17.49M | $17.88M | $15.27M | $14.29M | $49.11M | $51.57M | $2.62M | $12.10M | $6.38M |
| Other Non-Current Assets | $159.94M | $136.09M | $119.65M | $56.49M | $49.06M | $17.44M | $15.26M | $85.06M | $124.64M | $149.17M |
| Total Non-Current Assets | $2.03B | $2.02B | $2.18B | $2.18B | $1.71B | $1.03B | $986.59M | $1.00B | $1.41B | $1.58B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $2.85B | $2.79B | $3.05B | $2.99B | $2.37B | $1.63B | $1.58B | $1.58B | $2.07B | $2.26B |
| Account Payables | $198.58M | $205.58M | $186.13M | $218.04M | $176.75M | $149.41M | $126.25M | $107.95M | $136.02M | $146.51M |
| Short Term Debt | $39.99M | $45.27M | $43.56M | $45.89M | $18.86M | $16.57M | $19.83M | $29.83M | $55.31M | $41.94M |
| Tax Payables | $6.13M | $3.64M | $6.38M | $3.50M | $18.69M | $2.63M | $5.11M | $4.30M | $4.41M | $1.99M |
| Deferred Revenue | $6.13M | $17.49M | $54.54M | $39.92M | $53.91M | $31.32M | $117.96M | $117.33M | $107.25M | $117.40M |
| Other Current Liabilities | $404.40M | $325.31M | $310.78M | $230.61M | $196.68M | $217.07M | $204.99M | $168.54M | $203.13M | $257.74M |
| Total Current Liabilities | $655.23M | $597.28M | $601.39M | $537.96M | $464.89M | $417.00M | $474.13M | $427.95M | $506.12M | $565.56M |
| Long Term Debt | $1.47B | $1.41B | $1.43B | $1.34B | $812.47M | $585.66M | $566.79M | $629.24M | $855.75M | $829.71M |
| Deferred Revenue Non-Current | $- | $- | $130.62M | $45.02M | $6.41M | $37.67M | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $28.81M | $30.07M | $33.83M | $40.65M | $202.11M | $- | $- | $2.62M | $12.10M | $6.38M |
| Other Non-Current Liabilities | $121.52M | $128.22M | $48.28M | $315.21M | $91.93M | $279.16M | $322.60M | $384.01M | $386.56M | $503.82M |
| Total Non-Current Liabilities | $1.62B | $1.57B | $1.65B | $1.74B | $1.11B | $902.50M | $889.39M | $1.02B | $1.25B | $1.34B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $2.28B | $2.17B | $2.25B | $2.28B | $1.58B | $1.32B | $1.36B | $1.44B | $1.76B | $1.91B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $146.10M | $145.45M | $144.88M | $144.29M | $143.40M | $141.84M | $141.11M | $140.62M | $140.50M | $140.44M |
| Retained Earnings | $1.53B | $1.61B | $1.79B | $1.80B | $1.82B | $1.30B | $1.16B | $1.15B | $1.24B | $1.29B |
| Accumulated Other Comprehensive Income Loss | $-539.69M | $-567.64M | $-560.14M | $-645.74M | $-587.62M | $-567.11M | $-546.58M | $-606.72M | $-515.69M | $-532.49M |
| Other Total Stockholders Equity | $-611.58M | $-622.81M | $-631.09M | $-639.15M | $-638.30M | $-605.22M | $-581.88M | $-588.29M | $-589.60M | $-584.15M |
| Total Stockholders Equity | $523.15M | $569.44M | $748.16M | $657.15M | $741.58M | $268.26M | $170.45M | $96.30M | $271.57M | $314.01M |
| Total Equity | $575.41M | $623.04M | $805.77M | $713.40M | $789.66M | $313.38M | $215.16M | $137.56M | $310.80M | $358.33M |
| Total Liabilities and Stockholders Equity | $2.85B | $2.79B | $3.05B | $2.99B | $2.37B | $1.63B | $1.58B | $1.58B | $2.07B | $2.26B |
| Minority Interest | $52.26M | $53.60M | $57.61M | $56.24M | $48.08M | $45.11M | $44.71M | $41.26M | $39.23M | $44.32M |
| Total Liabilities and Total Equity | $2.85B | $2.79B | $3.05B | $2.99B | $2.37B | $1.63B | $1.58B | $1.58B | $2.07B | $2.26B |
| Total Investments | $- | $- | $- | $- | $- | $- | $- | $1.94M | $252.61M | $288.50M |
| Total Debt | $1.51B | $1.46B | $1.48B | $1.39B | $831.33M | $602.23M | $586.62M | $659.07M | $911.06M | $871.64M |
| Net Debt | $1.39B | $1.38B | $1.39B | $1.31B | $774.07M | $537.97M | $524.52M | $587.19M | $831.31M | $808.80M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-88.10M | $-176.43M | $2.73M | $-21.98M | $512.22M | $137.06M | $7.82M | $-85.67M | $6.19M | $-24.79M |
| Depreciation and Amortization | $138.96M | $163.85M | $166.67M | $159.70M | $138.40M | $132.78M | $129.94M | $141.49M | $156.47M | $176.33M |
| Deferred Income Tax | $1.07M | $-12.03M | $-16.93M | $1.11M | $6.82M | $-6.52M | $57.35M | $-7.65M | $5.17M | $7.55M |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-47.39M | $57.53M | $-85.58M | $-67.08M | $-95.39M | $-81.62M | $-23.08M | $-29.59M | $-48.39M | $7.73M |
| Accounts Receivables | $-38.89M | $94.32M | $-19.78M | $34.22M | $-3.46M | $-16.88M | $-32.01M | $16.04M | $41.65M | $7.03M |
| Inventory | $-3.41M | $-16.80M | $-7.78M | $-12.28M | $-42.48M | $-14.71M | $19.56M | $-12.31M | $-44.81M | $-19.99M |
| Accounts Payables | $-5.09M | $19.26M | $14.12M | $-14.45M | $13.41M | $18.35M | $12.55M | $-20.29M | $-401.00K | $-28.90M |
| Other Working Capital | $47.39M | $-39.25M | $-72.13M | $-74.57M | $-62.84M | $-68.38M | $-23.18M | $-13.03M | $-44.83M | $49.59M |
| Other Non Cash Items | $76.04M | $121.55M | $2.06M | $-17.97M | $-567.37M | $11.45M | $-6.26M | $132.34M | $12.38M | $53.34M |
| Net Cash Provided by Operating Activities | $114.45M | $150.53M | $72.20M | $53.82M | $-163.00K | $192.02M | $176.89M | $159.78M | $121.51M | $225.85M |
| Investments in Property Plant and Equipment | $-139.03M | $-137.34M | $-158.68M | $-120.54M | $-186.28M | $-132.17M | $-98.31M | $-69.34M | $-123.55M | $-207.98M |
| Acquisitions Net | $- | $- | $- | $-395.64M | $32.55M | $-56.39M | $- | $165.61M | $-30.11M | $-32.96M |
| Purchases of Investments | $- | $- | $- | $- | $-2.76M | $- | $- | $-224.13M | $- | $- |
| Sales Maturities of Investments | $- | $20.95M | $- | $- | $1.45M | $- | $- | $224.13M | $- | $- |
| Other Investing Activities | $22.44M | $17.33M | $34.23M | $-4.47M | $22.85M | $27.41M | $-5.01M | $26.61M | $23.29M | $12.26M |
| Net Cash Used for Investing Activities | $-116.58M | $-99.06M | $-124.45M | $-520.64M | $-132.19M | $-161.14M | $-103.33M | $122.89M | $-130.37M | $-228.68M |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $125.00K | $88.00K | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $-31.84M | $-30.01M | $- | $- | $-12.14M | $-941.00K |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $44.77M | $-42.78M | $60.24M | $486.96M | $125.73M | $-25.54M | $-83.72M | $-292.27M | $22.45M | $-21.79M |
| Net Cash Used Provided by Financing Activities | $44.77M | $-42.78M | $60.24M | $486.96M | $125.73M | $-25.54M | $-83.72M | $-292.27M | $22.45M | $-21.79M |
| Effect of Forex Changes on Cash | $-3.12M | $-10.71M | $-527.00K | $-195.00K | $-793.00K | $-4.40M | $4.48M | $1.72M | $3.33M | $-6.13M |
| Net Change in Cash | $39.52M | $-2.03M | $7.46M | $19.94M | $-7.41M | $937.00K | $-5.67M | $-7.88M | $16.91M | $-30.76M |
| Cash at End of Period | $39.52M | $85.09M | $87.13M | $79.67M | $59.73M | $67.15M | $66.21M | $71.88M | $79.76M | $62.84M |
| Cash at Beginning of Period | $- | $87.13M | $79.67M | $59.73M | $67.15M | $66.21M | $71.88M | $79.76M | $62.84M | $93.61M |
| Operating Cash Flow | $114.45M | $150.53M | $72.20M | $53.82M | $-163.00K | $192.02M | $176.89M | $159.78M | $121.51M | $225.85M |
| Capital Expenditure | $-139.03M | $-137.34M | $-158.68M | $-120.54M | $-186.28M | $-132.17M | $-98.31M | $-69.34M | $-123.55M | $-207.98M |
| Free Cash Flow | $-24.58M | $13.18M | $-86.49M | $-66.72M | $-186.45M | $59.85M | $78.58M | $90.44M | $-2.04M | $17.87M |