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Financial statements

PYXUS INTERNATIONAL, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data PYXUS INTERNATIONAL, INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2016FY2017FY2018FY2019FY2020FY2022FY2023FY2024FY2025FY2026
Revenue1,9051,7151,8461,8021,5271,6401,9152,0332,4812,413
Cost of revenue1,6791,4981,6001,5511,3031,4131,6541,7202,1382,065
Gross profit226217246251225227261312343348
Selling, general and administrative124133148173199142152161171163
Operating income20287.311287.3-11.641.793.8137153163
Interest expense117135134136137
Interest income7.088.163.273.633.85
Pre-tax income91.7-39.6-16.1-42.9-144-79.4-22.615.533.528.6
Income tax32.223.5-58.837.813212.634.127.325.130.3
Net income to minority interests-0.09-0.34-0.53-0.7-5.660.070.90.521.371.09
Net income65.5-62.952.4-70.5-265-82.1-39.12.6615.214.6
EBITDA23012214612324.258.4113156174184
EPS, basic7.38-7.055.83-7.78-28.93-3.28-1.570.110.590.56
EPS, diluted7.38-7.055.81-7.78-28.93-3.28-1.570.110.590.56
Shares, basic (weighted)8.888.938.999.059.1525252525.625.8
Shares, diluted (weighted)8.888.939.029.059.1525252525.726

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2022FY2023FY2024FY2025FY2026
Cash and equivalents20047326519217019913792.678.3134
Receivables304240286290227248185169189239
Other current assets21.115.417.61514.725.518.216.321.921.8
Total current assets1,4901,5101,3501,2391,2321,3281,2211,3101,1581,330
Property, plant and equipment278257254276296138133134138143
Lease right-of-use assets041.53635.935.629.731.7
Goodwill16.516.527.534.300
Intangible assets50.646.170.771.865.945.138.633.928.524.1
Other non-current assets23.646.560.246.248.445.443.832.633.135.4
Total assets1,9681,9721,9671,8591,7631,6991,5821,6581,5041,695
Accounts payable81.689.476.58767.1179170181133147
Accrued liabilities74.491.388.491.389.982.292.79790.9115
Deferred revenue9.930.924.116.418.85342.590.7136175
Short-term debt0.36100.160.33451080.0820.30.010
Total current liabilities675713638647789814715905774933
Long-term debt910943920898904580618498455456
Lease liabilities027.828.625.626.119.621
Total liabilities1,6941,7651,6841,6671,8391,5171,4411,5111,3381,514
Total debt911953920899949688619518455456
Retained earnings-146-209-156-224-489-219-258-255-240-226
Other comprehensive income-53.8-60-45.3-61.3-59.13.85.527.797.326.12
Shareholders' equity271204272184-78175138142160174
Minority interests3.553.19118.311.696.093.984.545.686.62
Total equity275207283192-76.3181142147166181
Total liabilities and equity1,9681,9721,9671,8591,7631,6991,5821,6581,5041,695
Shares outstanding9.699.759.819.889.9825252524.624.6

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2022FY2023FY2024FY2025FY2026
Net income65.5-62.952.4-71.2-270-82.1-38.23.1816.515.7
Depreciation and amortization28.434.533.635.735.816.719.119.320.320.9
Stock-based compensation2.871.711.191.541.23004.111.02
Deferred income tax5.740.43-9013.1111-3.89-0.16-2.36-5.662.78
Change in payables46.813.2-147.44-15.659.35.1517.5-49.231.5
Cash from operations-13514.2-307-248-359-199-138-215-13.4-208
Capital expenditures-17.2-13.7-22.8-47.5-61.1-14.8-16.3-21-23-22.1
Acquisitions0-32.7000
Cash from investing-13.5221201195181181155159171191
Debt issued210472000.50.1557800
Debt repaid-32.9-425-35-25.1-0.34-1.64-578-60.3-55.80
Share buybacks00
Cash from financing19438.2-103-21.6160123-8325.6-16772.5
Exchange rate effect0.82-0.561.784.42-7.33-2.143.47-9.16-4.24-3.39
Net change in cash45.6273-207-70.2-24.7104-62.4-39.1-14.252.1
Free cash flow-1530.52-330-296-420-214-154-236-36.4-231
Interest paid10510711812511786.993.4110115119
Income taxes paid20.418.118.726.620.524.618.73531.120.4

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $2.99 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Gross margin14.7%Gross profit / revenue.
Operating margin6.7%Operating income / revenue.
EBITDA margin7.6%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin1.0%Pre-tax income / revenue.
Net margin1.0%Net income / revenue.
FCF margin-4.1%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-3.1%Cash from operations / revenue.
Effective tax rate83.6%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)13.9%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)1.2%Net income / average total assets.
Return on invested capital (ROIC)27.7%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue7.1%Selling, general and administrative expense / revenue.
Stock-based pay / revenue0.0%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.9%Capital expenditures / revenue.
D&A / revenue0.9%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-2.8%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y8.0%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y1.4%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y10.0%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y6.1%Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y20.2%Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y5.7%EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y17.6%Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y-3.9%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y-5.1%EPS vs the same period a year earlier. Only from a positive base.
Book value growth, 1y9.0%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y8.2%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y12.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y2.3%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y1.1%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y1.3%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.31xCurrent assets / current liabilities.
Quick ratio0.28x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.14x(Cash + short-term investments) / current liabilities.
Debt / equity2.71xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets22.6%Total debt / total assets.
Liabilities / assets91.3%Total liabilities / total assets.
Net debt$280.1MTotal debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA1.57xNet debt / EBITDA (twelve months), when EBITDA is positive.
Working capital$390.6MCurrent assets - current liabilities.
Goodwill and intangibles / assets1.1%(Goodwill + intangible assets) / total assets.
Tangible book value$145.0MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.16xRevenue / average total assets.
Fixed asset turnover16.6xRevenue / average property, plant and equipment.
Receivables turnover13.3xRevenue / average receivables.
Days sales outstanding27 days365 x average receivables / revenue.
Days payables21 days365 x average accounts payable / cost of revenue.
FCF conversion-405.3%Free cash flow / net income, when net income is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$0.90Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$89.88Revenue / diluted weighted shares.
FCF per share-$3.64Free cash flow / diluted weighted shares.
Operating cash flow per share-$2.80Cash from operations / diluted weighted shares.
Book value per share$6.83Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$5.89Tangible book value / shares outstanding.
Cash per share$7.15(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$73.6MShare price x shares outstanding.
Enterprise value$353.7MMarket cap + total debt - cash - short-term investments.
P/E3.14xMarket cap / net income. Only when net income is positive.
P/S0.03xMarket cap / revenue.
P/B0.44xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.51xMarket cap / tangible book value, when positive.
EV/Sales0.15xEnterprise value / revenue.
EV/EBIT2.25xEnterprise value / operating income, when both are positive.
EV/EBITDA1.98xEnterprise value / EBITDA, when both are positive.
FCF yield-128.9%Free cash flow / market cap.
Earnings yield31.8%Net income / market cap (the inverse of P/E).
What was PYXUS INTERNATIONAL, INC.'s revenue in fiscal 2026?

PYXUS INTERNATIONAL, INC. reported revenue of $2.41B for fiscal 2026, 2.8% lower than the year before.

Was PYXUS INTERNATIONAL, INC. profitable in fiscal 2026?

Yes. Net income was $14.6M, a net margin of 0.6%.

How much free cash flow did PYXUS INTERNATIONAL, INC. generate in fiscal 2026?

Cash from operations of $208.5M minus capital expenditures of $22.1M left free cash flow of -$230.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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