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CRESTWOOD EQUITY PARTNERS LP

CIK: 1136352 SIC: 4923
$4.83B
Revenue
$196.50M
Net Income
20.93%
Gross Margin
7.11%
Op. Margin
$624.40M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 12 annual reports available (2010 - 2022)
Breakdown TTM
(Sep 30, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2012
(Sep 30, 2012)
+ Total Revenue $4.83B $6.00B $4.57B $2.25B $3.18B $3.65B $3.88B $2.52B $2.63B $3.93B $2.01B
Revenue Growth % -19.6% 31.3% 102.7% -29.2% -12.9% -5.8% 54.0% -4.3% -33.0% 95.9% nan%
Cost of Revenue $3.82B $5.00B $3.84B $1.60B $2.54B $3.13B $3.37B $1.93B $1.88B $3.17B $1.40B
+ Gross Profit $1.01B $1.00B $725.10M $653.80M $637.00M $524.70M $506.20M $595.40M $749.30M $766.00M $610.60M
Gross Margin % 20.9% 16.7% 15.9% 29.0% 20.0% 14.4% 13.0% 23.6% 28.5% 19.5% 30.4%
Operating Expenses $667.10M $767.80M $502.40M $567.00M $234.80M $411.20M $424.20M $475.90M $606.60M $588.80M $300.80M
+ Operating Income $343.20M $235.80M $222.70M $86.80M $402.20M $113.50M $-79.40M $-108.70M $-2.08B $117.90M $134.50M
Operating Margin % 7.1% 3.9% 4.9% 3.9% 12.6% 3.1% -2.0% -4.3% -79.2% 3.0% 6.7%
Interest Expense $221.50M $177.40M $132.10M $133.60M $115.40M $99.20M $99.40M $125.10M $140.10M $127.10M $107.30M
Other Income/Expense $400.00K $300.00K $100.00K $-700.00K $600.00K $400.00K $1.30M $500.00K $600.00K $600.00K -
Income Before Tax $260.80M $74.40M $-37.20M $-14.90M $320.20M $67.10M $-167.40M $-191.80M $-2.31B $-9.30M $567.70M
Income Tax Expense $1.30M $1.90M $200.00K $400.00K $300.00K $100.00K $-800.00K $300.00K $-1.40M $1.10M $1.80M
+ Net Income $196.50M $31.30M $-78.50M $-56.10M $285.10M $50.80M $-191.90M $-216.30M $-1.67B $56.40M $554.90M
Net Margin % 4.1% 0.5% -1.7% -2.5% 9.0% 1.4% -4.9% -8.6% -63.3% 1.4% 27.7%
Breakdown FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2012
(Sep 30, 2012)
Cash & Cash Equivalents $7.50M $13.30M $14.00M $25.70M $900.00K $1.30M $1.60M $500.00K $8.80M -
Accounts Receivable $432.20M $378.00M $262.20M $242.20M $251.50M $442.70M $289.80M $236.50M $379.60M $133.60M
Other Current Assets $18.70M $14.80M $13.40M $11.60M $11.30M $10.90M $9.70M $21.70M $23.30M $20.30M
Total Current Assets $653.80M $604.70M $405.90M $376.40M $379.30M $530.50M $373.40M $335.80M $538.10M $278.50M
Property Plant & Equipment $4.53B $2.78B $2.92B $2.91B $2.03B $1.82B $2.10B $3.31B $3.89B $1.71B
Goodwill $223.00M $138.60M $138.60M $218.90M $138.60M $147.60M $199.00M $1.09B $2.49B $165.80M
Intangible Assets $1.01B $732.90M $794.30M $805.20M $553.80M $597.20M $657.40M $810.10M $1.23B $41.30M
Other Non-current Assets $10.30M $6.90M $7.30M $5.50M $4.90M $5.80M $6.10M $7.20M $11.30M $11.50M
Total Assets $6.57B $4.45B $5.24B $5.35B $4.29B $4.28B $4.45B $5.80B $8.46B $2.21B
Accounts Payable $305.50M $336.50M $160.30M $189.20M $213.00M $349.40M $217.20M $144.10M $241.20M $120.80M
Accrued Liabilities $180.80M $147.10M $122.00M $161.70M $112.40M $105.90M $90.50M $105.60M $154.60M $93.90M
Total Current Liabilities $510.20M $598.40M $377.80M $357.80M $332.10M $505.10M $337.30M $258.20M $424.90M $239.00M
Long-term Debt $3.38B $2.05B $2.48B $2.33B $1.75B $1.49B $1.52B $2.54B $2.39B $739.80M
Deferred Tax Liabilities $3.50M $2.30M $2.70M $2.60M $2.60M - - - - -
Other Non-current Liabilities $333.40M $258.70M $253.30M $301.60M $173.60M $104.70M $44.60M $47.50M $47.20M $23.40M
Total Liabilities $4.23B $2.91B $3.16B $2.99B $2.26B - - - - -
Total Stockholders Equity - - - - - - - - - $1.05B
Total Liabilities & Equity $6.57B $4.45B $5.24B $5.35B $4.29B $4.28B $4.45B $5.80B $8.46B $2.21B
Breakdown TTM
(Sep 30, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2012
(Sep 30, 2012)
Net Income $227.90M $31.30M $-78.50M $-56.10M $285.10M $50.80M $-191.90M $-216.30M $-1.67B $56.40M $554.90M
Stock-based Compensation - - - - - - - - - - $12.90M
Deferred Income Tax - - $-400.00K $100.00K - $-700.00K $-2.10M $-3.10M $-3.60M $-5.20M $400.00K
Change in Receivables - $-149.40M $114.30M $27.50M $-42.90M $-167.80M $170.70M $76.90M $-119.70M $-60.40M $1.30M
Change in Inventory - $-34.30M $67.40M $33.70M $-10.90M $24.10M $9.90M $22.50M $-2.00M $-26.90M $-85.70M
Operating Cash Flow $1.05B $439.20M $426.70M $408.10M $420.40M $253.60M $255.90M $346.10M $440.70M $283.00M $239.00M
Capital Expenditure $429.00M $229.30M $83.20M $168.30M $455.50M $305.50M $188.40M $100.70M $182.70M $424.00M $268.70M
Acquisitions - $604.30M - $162.30M $462.10M - - $7.20M - $19.50M $32.50M
Investing Cash Flow $136.60M $-391.10M $568.90M $-273.30M $-943.70M $-241.20M $38.70M $867.20M $-212.70M $-483.00M $-350.60M
Debt Repayment $5.92B $3.25B $3.29B $975.80M $1.73B $2.02B $2.91B $2.54B $4.11B $2.70B $-1.48B
Stock Issued - - - - - - $15.20M - - - -
Stock Repurchased - $123.70M $275.60M - - - - - - - $-2.20M
Financing Cash Flow $-1.17B $-53.90M $-996.30M $-146.50M $531.80M $3.50M $-294.90M $-1.21B $-236.30M $203.60M $100.10M
Net Change in Cash $18.70M $-5.80M $-700.00K $-11.70M $8.50M $15.90M $-300.00K $1.10M $-8.30M $3.60M $-11.50M
SEC Filing Format - Data shown as it appears in the Q3 2023 (10-Q) filing Period ended: Sep 30, 2023
Condensed Consolidated Statements of Operations
Description Sep 30, 2023 Sep 30, 2023
Current Prior Year Current YTD Prior Year YTD
Total Revenue $1.14B $1.57B $3.42B $4.60B
Cost of Revenue $901.60M $1.29B $2.68B $3.86B
Operating Expenses $169.90M $276.40M $501.00M $601.70M
Operating Income $67.90M $2.80M $239.10M $131.70M
Interest Expense $56.90M $47.60M $167.90M $123.80M
Other Income/Expense $200.00K - $300.00K $200.00K
Income Before Tax $12.30M $-41.60M $206.70M $20.30M
Income Tax Expense $200.00K $1.40M $1.10M $1.70M
Net Income $-20.00M $-53.30M $153.00M $-12.20M
Condensed Consolidated Balance Sheets
Description Sep 30, 2023 Dec 31, 2022
Cash & Cash Equivalents $23.80M $7.50M
Accounts Receivable $350.10M $432.20M
Other Current Assets $8.50M $18.70M
Total Current Assets $600.30M $653.80M
Property Plant & Equipment $4.47B $4.53B
Goodwill $223.00M $223.00M
Intangible Assets $956.70M $1.01B
Other Non-current Assets $11.50M $10.30M
Total Assets $6.36B $6.57B
Accounts Payable $256.90M $305.50M
Accrued Liabilities $183.60M $180.80M
Total Current Liabilities $458.10M $510.20M
Long-term Debt $3.30B $3.38B
Deferred Tax Liabilities $3.40M $3.50M
Other Non-current Liabilities $323.40M $333.40M
Total Liabilities $4.09B $4.23B
Total Liabilities & Equity $6.36B $6.57B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2023 Sep 30, 2023
Current Prior Year Current YTD Prior Year YTD
Net Income $-20.00M $-53.30M $153.00M $-12.20M
Deferred Income Tax - - $-100.00K $1.10M
Operating Cash Flow - - $378.50M $277.30M
Capital Expenditure - - $164.00M $147.30M
Acquisitions - - - $604.30M
Investing Cash Flow - - $21.40M $-517.20M
Debt Repayment - - $2.13B $2.39B
Stock Repurchased - - - $123.70M
Financing Cash Flow - - $-383.60M $233.00M
Net Change in Cash - - $16.30M $-6.90M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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