Nextracker Inc. | Mid-cap | Technology
$57.56
0.52%
| Nextracker Stock Comparison:
Nextracker vs First SolarNextracker vs Enphase EnergyNextracker vs SunrunNextracker vs Array TechnologiesNextracker vs SolarEdgeNextracker vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 2.5B
Gross Profit 813.0M 32.52%
Operating Income 587.1M 23.49%
Net Income 496.2M 19.85%
EPS (Diluted) $3.37

Balance Sheet Metrics

Total Assets 2.5B
Total Liabilities 1.5B
Shareholders Equity 992.0M
Debt to Equity 1.54

Cash Flow Metrics

Operating Cash Flow 426.5M
Free Cash Flow 422.3M

Revenue & Profitability Trend

Nextracker Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 2.5B 1.9B 1.5B 1.2B 1.2B
Cost of Goods Sold 1.7B 1.6B 1.3B 963.6M 958.4M
Gross Profit 813.0M 287.0M 147.0M 232.0M 212.9M
Operating Expenses 225.9M 118.5M 81.1M 73.4M 64.0M
Operating Income 587.1M 168.5M 65.9M 158.5M 148.9M
Pre-tax Income 608.0M 169.1M 65.1M 158.0M 148.9M
Income Tax 111.8M 47.8M 14.2M 33.7M 30.7M
Net Income 496.2M 121.3M 50.9M 124.3M 118.3M
EPS (Diluted) $3.37 $0.02 $0.00 $0.00 $2.82

Income Statement Trend

Nextracker Balance Sheet From 2021 to 2024

Metric 2024 2023 2022 2021
Assets
Current Assets 1.8B 872.3M 714.1M 583.3M
Non-Current Assets 750.5M 547.4M 303.2M 297.7M
Total Assets 2.5B 1.4B 1.0B 881.0M
Liabilities
Current Liabilities 891.5M 507.4M 473.4M 391.4M
Non-Current Liabilities 635.3M 427.4M 547.0M 33.6M
Total Liabilities 1.5B 934.8M 1.0B 424.9M
Equity
Total Shareholders Equity 992.0M 484.9M -3.0M 456.0M

Balance Sheet Composition

Nextracker Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 496.2M 121.3M 50.9M 124.3M 118.3M
Operating Cash Flow 426.5M 129.7M -156.2M 104.5M 225.5M
Investing Activities
Capital Expenditures -6.2M -3.2M -5.8M -2.5M -1.7M
Investing Cash Flow -6.2M -3.2M -5.8M -2.5M -1.7M
Financing Activities
Dividends Paid - 0 0 -331.4M 0
Financing Cash Flow -78.3M -3.6M -8.7M 96.3M -250.8M
Free Cash Flow 422.3M 104.5M -153.0M 91.3M 239.3M

Cash Flow Trend

Nextracker Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 16.15
Forward P/E 16.58
Price to Book 5.01
Price to Sales 2.84
PEG Ratio 16.58

Profitability Ratios

Profit Margin 17.21%
Operating Margin 20.62%
Return on Equity 39.48%
Return on Assets 13.99%

Financial Health

Current Ratio 2.09
Debt to Equity 2.09
Beta 2.04

Per Share Data

EPS (TTM) $3.47
Book Value per Share $11.18
Revenue per Share $20.62

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
nxt 8.4B 16.15 5.01 39.48% 17.21% 2.09
First Solar 15.6B 12.32 1.90 16.77% 29.72% 7.70
Enphase Energy 4.5B 31.71 5.59 17.13% 10.43% 152.29
Sunrun 1.6B 21.07 0.62 -80.13% -129.97% 334.12
Array Technologies 1.1B 61.85 3.48 -49.11% -21.21% 215.17
SolarEdge 948.2M 100.75 1.58 -123.30% -190.67% 127.58

Financial data is updated regularly. All figures are in the company's reporting currency.