Investor Presentaiton

Made public by

sourced by PitchSend

1 of 26

Creator

PitchSend logo
PitchSend

Category

Technology

Published

FY2017

Slides

Transcriptions

#1A Atkore Investor Presentation & Company Overview December 2020 Atkore International, Inc. 1#2Cautionary Statements A Atkore This presentation contains forward-looking statements that are subject to known and unknown risks and uncertainties, many of which are beyond our control. All statements other than statements of historical fact included in this presentation are forward-looking statements. Forward-looking statements appearing throughout this presentation include, without limitation, statements regarding our intentions, beliefs, assumptions or current expectations concerning, among other things, financial position; results of operations; cash flows; prospects; growth strategies or expectations; customer retention; the outcome (by judgment or settlement) and costs of legal, administrative or regulatory proceedings, investigations or inspections, including, without limitation, collective, representative or any other litigation; and the impact of prevailing economic conditions. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "believes," "expects," "may," "will," "shall,” “should,” “would,” “could,” “seeks," "aims," "projects," "is optimistic," "intends,” “plans,” “estimates," "anticipates" and other comparable terms. We caution you that forward-looking statements are not guarantees of future performance or outcomes and that actual performance and outcomes, including, without limitation, our actual results of operations, financial condition and liquidity, and the development of the market in which we operate, may differ materially from those made in or suggested by the forward-looking statements contained in this presentation. In addition, even if our results of operations, financial condition and cash flows, and the development of the market in which we operate, are consistent with the forward-looking statements contained in this presentation, those results or developments may not be indicative of results or developments in subsequent periods. A number of important factors, including, without limitation, the risks and uncertainties discussed under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K and the Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission, could cause actual results and outcomes to differ materially from those reflected in the forward-looking statements. Because of these risks, we caution that you should not place undue reliance on any of our forward-looking statements. New risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect us. Further, any forward-looking statement speaks only as of the date on which it is made. We undertake no obligation to revise the forward-looking statements in this presentation after the date of this presentation. Market data and industry information used throughout this presentation are based on management's knowledge of the industry and the good faith estimates of management. We also relied, to the extent available, upon management's review of independent industry surveys, forecasts and publications and other publicly available information prepared by a number of third party sources. All of the market data and industry information used in this presentation involves a number of assumptions and limitations which we believe to be reasonable, and you are cautioned not to give undue weight to such estimates. Although we believe that these sources are reliable, we cannot guarantee the accuracy or completeness of this information, and we have not independently verified this information. While we believe the estimated market position, market opportunity and market size information included in this presentation are generally reliable, such information, which is derived in part from management's estimates and beliefs, is inherently uncertain and imprecise. Projections, assumptions and estimates of our future performance and the future performance of the industry in which we operate are subject to a high degree of uncertainty and risk due to a variety of factors, including those described above. These and other factors could cause results to differ materially from those expressed in our estimates and beliefs and in the estimates prepared by independent parties. We present Adjusted EBITDA, Adjusted EBITDA margin (Adjusted EBITDA over Net Sales), Net debt (total debt less cash and cash equivalents), Adjusted Net Income Per Share, and Leverage ratio (net debt or total debt less cash and cash equivalents, over Adjusted EBITDA on trailing twelve month ("TTM") basis) to help us describe our operating and financial performance. Adjusted EBITDA, Adjusted EBITDA margin, Net debt (total debt less cash and cash equivalents), Adjusted Net Income Per Share, and Leverage ratio are non-GAAP financial measures commonly used in our industry and have certain limitations and should not be construed as alternatives to net income, net sales and other income data measures (as determined in accordance with generally accepted accounting principles in the United States, or GAAP), or as better indicators of operating performance. Adjusted EBITDA, Adjusted EBITDA margin, Net debt, Adjusted Net Income Per Share, and Leverage ratio, as defined by us may not be comparable to similar non-GAAP measures presented by other issuers. Our presentation of such measures should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items. See the appendix to this presentation for a reconciliation of Adjusted EBITDA to net income, Adjusted EBITDA Margin, Adjusted Net Income Per Share to Net Income Per Share, net debt to total debt, and Leverage Ratio. Fiscal Periods - The Company has a fiscal year that ends on September 30th. It is the Company's practice to establish quarterly closings using a 4-5-4 calendar. The Company's fiscal quarters end on the last Friday in December, March and June. Any information contained in the following slides that has been previously publicly presented by Atkore speaks as of the date that it was originally presented, as indicated. Atkore is not updating or affirming any of such information as of today's date. The provision of this information shall not imply that the information has not changed since it was originally presented. A Atkore International, Inc. 2#3Atkore: a Compelling Investment ▲ Atkore A A A A values-based organization with a focus on continuous improvement driven by the Atkore Business System Strong track record of earnings growth, increasing free cash flow and excellent return on capital With a commitment to quality, delivery and value, we produce infrastructure solutions to power and protect the world around us, and to help our customers build better together We offer a broad platform of must-stock products to the electrical distribution channel, and our leading market positions and strong brands will be supported through both organic growth and M&A Our sound financial profile combined with our focus on environment, social and governance promotes long-term sustainable growth A Atkore International, Inc. 3#4Our Foundation is the Atkore Business System ^ Atkore Atkore Business System Strategy Strategy Fundamental ⚫ Market Insights • Portfolio Management * Innovation and New Product Development • ⚫ Strategy Development Lean Daily Management (LDM) How we run the business we have today People Fundamental • Engagement and Alignment Diversity and Inclusion • Communication • Talent Acquisition • Performance Management . Leadership Development • Total Rewards A Atkore International, Inc. Strategy Deployment Process (SDP) How we build the business we aspire to be People Process Process Fundamental • Continuous Improvement Methodologies • Visual Workplace and Lean Daily Management • Built in Quality • Information and Material Flow . Equipment Availability and Reliability • Commercial Excellence#5Atkore at a Glance ▲ Atkore A leading manufacturer of electrical, mechanical, and safety infrastructure solutions 1959 Founded 2016 Harvey, IL IPO (NYSE: ATKR) Headquarters ~3,700 Employees 65 Global Facilities FY 2020 Financial Highlights $ Millions (except per share amounts) FY 2020 Net Sales $1,765.4 Change vs. PY (7.9%) By Segment Net Income $152.3 +9.5% Mechanical Products & Adjusted EBITDA(1) $326.6 +0.7% Solutions 25% Adjusted EBITDA Margin 18.5% +160 bps Adjusted EPS(1) $3.78 +4.4% Free Cash Flow(1) $215.0 +23.0% Return on Capital(1) 17.8% +80 bps A 1. Atkore International, Inc. See non-GAAP reconciliation in appendix FY 2020 Net Sales Breakdown, $1.8B By Geography Intl. 11% Electrical Raceway 75% United States 89% By End Market Other 6% Intl. 11% U.S. Non- Residential Construction New OEM 33% 16% U.S. Residential U.S. Non- Residential Construction Construction - 14% R&R, 20%#6FY20 Sales Breakdown by Market A Atkore Est. % of Atkore FY20 Net Sales By End Market 33 New U.S. Non- Residential Construction 20 Repair & Remodel U.S. Residential 14 Construction 16 OEM 11 International Other 6 Category Description Includes Commercial & Industrial, Institutional and Infrastructure categories Largest sub-categories include Offices & Data Centers, Warehouses & Distribution Centers, Education, Healthcare, Infrastructure, Retail, Hotels and Manufacturing Primarily concentrated in the Commercial & Industrial and Institutional categories Largest sub-categories include Education, Offices, and Healthcare Includes Single Family as well as Multi-Unit new home construction Includes variety of manufacturers that use steel and metal tubing products Primarily electrical and infrastructure sales to support non-residential construction markets Market Review Products primarily sold through electrical distribution channel Long-term positive market trends in Data Centers, Warehouses, and Healthcare Weaker market trends in Retail and Hotels Products sold through the electrical distribution channel as well as large retailers Long-term positive outlook associated with renovation for K- 12 schools in certain regions of the U.S. Products primarily sold through electrical distribution channel Positive market trends for new home construction Products are primarily sold directly to the OEM Solid demand from the renewable energy end-markets as well as recreational equipment Sales channel differs by category and country Market trends vary by geography A Atkore International, Inc. Source: Atkore analysis and estimates. 6#7Our Products Are All Around You Everyday A Atkore Wire Basket Cable Tray & Fittings Electrical Prefabrication Cable Tray, Ladder & Fittings Metal Electrical Conduit Conduit & Cable Fittings Specialty Electrical Conduit: Stainless Steel, PVC-Coated & Aluminum PVC Trunking PVC Electrical Conduit & Fittings A Atkore International, Inc Related Segment Electrical Raceway Mechanical Products & Solutions + Armored Cable Flexible Electrical Conduit & Liquidtight Conduit Industrial Flexible Electrical Conduit Metal Framing & Fittings (Including Seismic) Roller Tube for Conveyor Perimeter Security Solutions Security Bollards Telescoping Sign Support System 7#8Outstanding Track Record of Growth Adjusted EBITDA1, $M Free Cash Flow1, $M 164 +15% CAGR 235 228 272 324 327 114 140 +13% CAGR 97 40 107 175 215 ▲ Atkore Return on Capital¹ (ROC), % 2.7 +1,510 bps 12.2 10.7 17.8 17.0 15.4 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 A Atkore International, Inc. 1. See non-GAAP reconciliation in appendix#9Electrical Raceway Segment: Quick Facts: Net Sales, $M FY 2020 $1,331.3 Adjusted EBITDA, $M Adjusted EBITDA Margin, % $299.5 22.5% KEY PRODUCT CATEGORIES AND MARKET POSITION PVC Conduit # #1 Stainless Steel Conduit Steel Conduit #2 Armored Cable #2 Cable Tray, Cable Ladder & Fittings PVC Coated Conduit A Atkore International, Inc. Key Brands: Atkore Allied Tube & Conduit A Atkore Atkore AFC Cable Systems Atkore Heritage Plastics Atkore Cope #1 # Electrical products that deploy, isolate and protect a structure's electrical circuitry from the original power source to the final outlet Atkore products are a staple for electrical distributors Comprehensive product portfolio enables solution selling and the ability to bundle Differentiated market position: Quality, market coverage and co-loading capability Organic growth opportunities driven through new product innovation, focused product category growth and digital enablement for customers, distributors and designers Flexible and HH #2 Liquidtight #3 Conduit #3 Elbows, Couplings & #3 Nipples 9#10Mechanical Products & Solutions Segment: Quick Facts: Net Sales, $M FY 2020 $436.7 Adjusted EBITDA, $M $61.2 Adjusted EBITDA Margin, % 14.0% Key Brands: Atkore Allied Tube & Conduit Atkore Unistrut A Atkore Atkore Razor Ribbon Atkore Unistrut Construction KEY PRODUCT CATEGORIES AND MARKET POSITION In-line Galvanized Mechanical Tube Barbed Tape Metal Framing and Related Fittings Security Bollards A Atkore International, Inc. #1 #1 #2 Top 10 A A A A Mechanical products and services that frame, support and secure component parts in a broad range of structures, equipment and systems in electrical, industrial and construction applications Global distribution capabilities for our broad portfolio of Safety & Security focused products and metal framing systems Market leader of in-line galvanized tubular products; preferred option for corrosion protection Value-added engineering, installation and pre-fabrication services Organic growth opportunities driven through new product innovation, global category expansion and improving the customer experience by providing additional value-add services 10#11Levers to Drive Organic Growth Recent Example & Highlights A A A Commercialized over 30 new products in the past two years Drove mid-single digit % revenue growth in Electrical Raceway "Focused Product Categories" in Q4 2020 Expanding global distribution and product capabilities for safety and security product solutions Increasing digital offerings and tools for our products such as BIM Models (Building Information Modeling) which help design professionals during the planning process Strategically aligned to several mega-trends such as electrification, growth in digital infrastructure, and safely protecting both people and critical assets Organic Growth Drivers Focused Product Categories ▲ Atkore Global Category Expansion Digital Capabilities & Resources New Product Innovation Organic Growth Improving Customer Experience A Atkore International, Inc. 11#12M&A Strategy Focused on Profitable Growth Bolt-On Acquisition Playbook Target Profile ■ ☐ Privately held small to medium sized businesses Build and foster long-term relationships Avoid auctions or competitive bidding situations where possible Sales and distribution through similar or existing channels for Atkore Strategy " Strategic fit from a product or category perspective, or fills a portfolio gap Identified path to synergy & value creation Debt responsible Within existing management bandwidth and capacity Value Creation Leverage global spend for key raw material input categories to reduce costs Add products into Atkore sales & distribution umbrella for "One order, one shipment, one invoice" Drive 1-2 turns of synergy Quick Facts: A ▲ Atkore Spent over $290 million of cash on acquisitions since FY2017 Added over $400 million in profitable revenue through M&A activities since 2012 Exited over $400 million in breakeven proforma revenue since 2012 Successful Track Record of Portfolio Management 2013 Acquired Heritage Plastics Closed manufacturing location in France Closed manufacturing location in Brazil Fiscal Year Related Segment A Electrical Raceway A Mechanical Products & Solutions A Atkore International, Inc. 2015 2017 Acquired American Pipe & Plastics Acquired SCI Acquired Marco Acquired Flexicon Closed manufacturing location in Ohio 2019 Acquired Vergokan Acquired U.S. Tray Acquired Rocky Mountain Colby Pipe Acquired FlyTec Systems 2021 A Acquired Queen City Plastics 2014 2016 2018 2020 Acquired Ridgeline Pipe Manufacturing A Ceased operations for fence & sprinkler business A Acquired CalPipe A A Divested Flexhead Closed manufacturing location in Wales 12#132.9x 2.8x Strong Financial Profile Ready for the Future Net Debt to TTM Adjusted EBITDA Debt Structure Debt Structure, $M Cash and Cash Equivalents A Atkore As of 9/30/20 $284.5 2.6x Senior Secured 1st Term Loan Matures 2023 $803.7 2.2x 2.1x 2.1x 1.9x Total Debt $803.7 1.6x Total Net Debt $519.3 Note: Undrawn Asset Based Loan of $325M (Matures 2023) Q1 2019 Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Disciplined Approach to Capital Allocation Ready to Support Future Growth Manage Leverage Target 2x times for - Net Debt to TTM Adjusted EBITDA Reinvest in the Business Maintain and grow the business with smart investments Mergers & Acquisitions Structured approach; focused on bolt-on targets Return Cash to Stockholders Annual target to at least offset dilution; Current outlook of $15-$35M for FY2021 with $15M A Atkore International, Inc. completed in October 13#14Focused on Environment, Social & Governance Atkore We seek to utilize sustainable business principles and processes that achieve a balance between profitability and protection of all stakeholders, while reducing our impact on the environment and climate. Our Focus A People and Community: We seek to protect people and communities in which our facilities are located. 32% Reduction in recordable incident rate since 2015 14% Less total water purchased since 2016 A A Energy and Climate: We are committed to safeguarding climate and ecosystems through preventive practices. Natural Resources: We promote social and environmental stewardship throughout our supply chain. Material Efficiency: We strive to prevent or minimize activities and conditions that pose a threat to human health and the environment. Strong Governance: We are dedicated to creating an organizational structure that is aligned with industry best practices and stockholder interests such as a separate independent Chairman and Delaware incorporation. 6% Reduction in greenhouse gas emitted since 2016 33% Percentage of female or minority members of the Board of Directors 21% Less tons of material waste rate avoided since 2015 89% Percentage of Independent members of the Board of Directors A Atkore International, Inc. 14#15Stable Business Model Supports Future Growth Atkore Disciplined Operational Focus ^ Driven by the Atkore Business System ▲ Input Cost Management Market Leadership Strong Financial Profile Opportunities for Growth A Atkore International, Inc. A Not a commodity company; proven track record of successfully managing input cost changes and value selling Leading market share in key product categories with a portfolio of must-stock products for electrical distributors A Strong liquidity position with a significant reduction in net leverage over the past two years ▲ Multiple levers and opportunities to drive both organic and inorganic growth 15#16A Atkore APPENDIX A Atkore International, Inc. 16#17Segment Information (in thousands) Electrical Raceway Mechanical Products & Solutions Eliminations Consolidated operations A Atkore September 30, 2020 Three months ended September 30, 2019 $ Net sales 364,148 113,904 (632) Adjusted EBITDA $ 92,855 16,111 Adjusted EBITDA Margin 25.5 % $ Net sales Adjusted EBITDA Adjusted EBITDA 373,344 $ 80,000 Margin 21.4 % 14.1 % 128,661 21,137 16.4 % (295) $ 477,420 $ 501,710 Fiscal Year Ended September 30, 2020 September 30, 2019 Net sales Adjusted EBITDA Adjusted EBITDA Margin Net sales Adjusted EBITDA Adjusted EBITDA Margin $ 1,331,275 $ 299,485 22.5 % $ 1,443,493 $ 292,585 20.3 % 61,152 14.0 % 70,040 14.8 % (in thousands) Electrical Raceway Mechanical Products & Solutions Eliminations Consolidated operations 436,700 (2,554) $ 1,765,421 A Atkore International, Inc. 474,260 (1,215) $ 1,916,538 17#18Adjusted Earnings Per Share Reconciliation A Atkore Consolidated Atkore International Group Inc. (in thousands, except per share data) Net income Stock-based compensation Intangible asset amortization Gain on purchase of business Loss on extinguishment of debt Other (a) Pre-tax adjustments to net income Tax effect Adjusted net income Weighted-Average Diluted Common Shares Outstanding Net income per diluted share Adjusted net income per diluted share September 30, 2020 Three months ended September 30, 2019 Fiscal Year Ended September 30, 2020 September 30, 2019 $ 54,241 $ 45,997 $ 152,302 $ 139,051 3,762 2,862 13,064 11,798 8,052 8,598 32,262 32,876 (7,384) (7,384) 273 273 (9,029) (712) (6,712) 3,058 3,364 38,887 7,501 44,791 (765) (824) (9,722) (10,974) $56,534 $48,537 $181,467 $172,868 47,925 47,845 48,044 47,777 SS $ 1.11 $ 0.94 3.10 $ 2.83 1.18 $ 1.01 $ 3.78 $ 3.62 (a) Represents other items, such as inventory reserves and adjustments, loss on disposal of property, plant and equipment, insurance recovery related to damages of property, plant and equipment, release of indemnified uncertain tax positions and realized or unrealized gain (loss) on foreign currency impacts of intercompany loans and related forward currency derivatives. A Atkore International, Inc. 18#19Net Income to Adjusted EBITDA Reconciliation Atkore ▲ Consolidated Atkore International Group Inc. (in thousands) Net income Income tax expense Depreciation and amortization Interest expense, net Restructuring charges Stock-based compensation Loss on extinguishment of debt Gain on purchase of a business Transaction costs Other (a) Adjusted EBITDA Three months ended September 30, 2020 September 30, 2019 2020 Fiscal Year Ended September 30, September 30, 2019 54,241 45,997 152,302 139,051 20,584 16,105 49,696 45,618 18,946 18,286 74,470 72,347 9,457 12,196 40,062 50,473 (55) 623 3,284 3,804 3,762 2,862 13,064 11,798 273 273 - (7,384) (7,384) 17 837 196 1,200 $ (9,029) 98,196 (712) (6,712) 7,501 $ 88,810 $ 326,635 $ 324,408 (a) Represents other items, such as inventory reserves and adjustments, loss on disposal of property, plant and equipment, insurance recovery related to damages of property, plant and equipment, release of indemnified uncertain tax positions and realized or unrealized gain (loss) on foreign currency impacts of intercompany loans and related forward currency derivatives. A Atkore International, Inc. 19#20Trailing Twelve Month Adjusted EBITDA Consolidated Atkore International Group Inc. (in thousands) Net income Interest expense, net Income tax expense Depreciation and amortization Restructuring charges Stock-based compensation Loss on extinguishment of debt Transaction costs Other(a) Adjusted EBITDA TTM September 30, 2020 September 30, 2020 A Atkore Three months ended June 26, 2020 March 27, 2020 December 27, 2019 $ 152,302 $ 54,241 $ 24,078 $ 39,193 $ 34,790 40,062 9,457 9,421 10,564 10,620 49,696 20,584 8,672 13,100 7,340 74,470 18,946 18,316 18,478 18,730 3,284 (55) 474 2,645 220 13,064 3,762 1,656 4,523 3,123 273 273 196 17 122 6 51 (6,712) $326,635 (9,029) 984 (1,503) 2,836 $ 98,196 $ 63,723 $ 87,006 $ 77,710 (a) Represents other items, such as inventory reserves and adjustments, loss on disposal of property, plant and equipment, insurance recovery related to damages of property, plant and equipment, release of indemnified uncertain tax positions and realized or unrealized gain (loss) on foreign currency impacts of intercompany loans and related forward currency derivatives. A Atkore International, Inc. 20 20#21Net Debt to Total Debt and Leverage Ratio A Atkore Consolidated Atkore International Group Inc. ($ in thousands) September 30, 2020 June 26, 2020 March 27, 2020 December 27, 2019 September 28, 2019 June 28, 2019 March 29, 2019 December 28, 2018 Short-term debt and current maturities of long-term debt Long-term debt $ $ $ $ $ $ $ $ 26,561 803,736 846,145 845,694 845,243 Total debt Less cash and cash equivalents Net debt 803,736 846,145 845,694 845,243 845,317 845,317 884,503 884,503 284,471 237,309 137,202 $ 164,135 123,415 100,734 884,095 884,095 51,498 878,094 904,655 75,919 $ 519,265 $ 608,836 $ 708,492 $ 681,108 $ 721,902 $ 783,769 $ 832,597 $ 828,736 TTM Adjusted EBITDA (a) Total debt/TTM Adjusted EBITDA Net debt/TTM Adjusted EBITDA $ 326,635 $ 317,249 $ 342,007 332,095 $ 324,408 $ 306,656 $ 294,839 $ 283,086 2.5 1.6 X X 2.7 1.9 X 2.5 X 2.5 X 2.6 X 2.9 X 3.0 X 3.2 X X 2.1 X 2.1 X 2.2 X 2.6 X 2.8 X 2.9 X Leverage ratio and TTM Adjusted EBITDA reconciliations for all periods above can be found either in the appendix, or in Exhibit 99.1 to form 8-K filed on November 19, 2020, August 4, 2020, May 5, 2020, February 4, 2020, November 22, 2019, August 8, 2019, May 7, 2019, or February 6, 2019. A Atkore International, Inc. 21#22Free Cash Flow Reconciliation Consolidated Atkore International Group Inc. (in thousands) Net cash provided by operating activities Capital expenditures Free Cash Flow A Atkore September September September 30, 2020 30, 2019 30, 2018 $ 248,762 $ 209,694 $ Fiscal Year Ended September 30, 2017 September 30, 2016 145,703 $ 121,654 $ 156,646 $ September 30, 2015 141,073 (33,770) $ 214,992 $ (34,860) 174,834 $ (38,501) 107,202 $ (25,122) 96,532 $ (16,830) (26,849) 139,816 $ 114,224 Inputs for all periods above can be found either in the appendix, or in our Annual Reports filed on November 19, 2020, November 22, 2019, November 28, 2018, November 29, 2017 and November 29, 2016. A Atkore International, Inc. 22 22#23Return on Capital Calculation Consolidated Atkore International Group Inc. (in thousands) Income (Loss) Before Taxes Income Tax Expense (Benefit) Tax Rate % [Income Tax Expense (Benefit) ÷ Income (Loss) Before Taxes] Operating Income Estimated Taxes on Operating Income [Tax Rate % x Operating Income] Fiscal Year Ended A Atkore September 30, 2020 September 30, 2019 2017 September 30, September 30, September 30, September 30, 2018 2016 2015 $ 201,998 $ 49,696 184,669 $ 45,618 166,352 $ 29,707 126,125 $ 41,486 86,781 $ 27,985 (7,871) (2,916) 24.6% 24.7% 17.9% 32.9% 32.2% 37.0% Net Operating Profit After Taxes [Operating Income - Estimated Taxes on Operating Income] $ 239,556 $ 58,936 180,620 $ 223,664 $ 55,251 168,413 $ 179,698 $ 32,090 147,608 $ 155,953 $ 51,297 104,656 $ 125,466 $ 36,938 40,460 13,685 85,006 $ 23,253 Total Assets Cash Current Liabilities 1,558,525 284,471 276,170 1,436,995 123,415 1,324,060 $ 126,662 1,215,092 $ 45,718 1,164,568 $ 1,113,799 200,279 80,598 287,534 272,747 211,837 204,822 210,498 Short-Term Debt & Current Maturities of Long-Term Debt 26,561 4,215 1,267 2,864 Capital Base [Total Assets - Cash - Current Liabilities + Short-Term Debt & Current Maturities of Long-Term Debt] Average Capital Base [Average of Prior Period Capital Base and Current Period Capital Base] $ 997,884 $ 1,011,965 $ 1,026,046 $ 988,629 $ 951,212 $ 956,482 $ 961,752 $ 861,243 $ 760,734 $ 793,151 $ 825,567 873,363 Return on Capital Percentage [Net Operating Profit After Taxes ÷ Average Capital Base] 17.8% 17.0% 15.4% 12.2% 10.7% 2.7% A Atkore International, Inc. Inputs for all periods above can be found either in the appendix, or in our Annual Reports filed on November 19, 2020, November 22, 2019, November 28, 2018, November 29, 2017 and November 29, 2016. 23#24Thank You! ▲ Atkore A Cope A Cii Allied Tube & Conduit A AFC Cable Systems A Heritage Plastics A Unistrut A Unistrut Construction US Tray A Calbrite A Calbond A Kaf-Tech A Columbia-MBF A Eastern Wire + Conduit A ACS/Uni-Fab Power-Strut A Calconduit A Razor Ribbon A Calpipe Security A Vergokan A Flexicon A Marco atkore.com 16100 South Lathrop Avenue, Harvey, IL 60426 Atkore International, Inc.

Download to PowerPoint

Download presentation as an editable powerpoint.

Related

1st Quarter 2021 Earnings Presentation image

1st Quarter 2021 Earnings Presentation

Technology

Rackspace Technology Q4 2022 Earnings Presentation image

Rackspace Technology Q4 2022 Earnings Presentation

Technology

CBAK Energy Technology Investor Presentation image

CBAK Energy Technology Investor Presentation

Technology

Jianpu Technology Inc 23Q1 Presentation image

Jianpu Technology Inc 23Q1 Presentation

Technology

High Performance Computing Capabilities image

High Performance Computing Capabilities

Technology

SOLOMON Deep Learning Case Studies image

SOLOMON Deep Learning Case Studies

Technology

1Q20 Earnings image

1Q20 Earnings

Technology

Nutanix Corporate Overview image

Nutanix Corporate Overview

Technology