Livent Corporation (LTHM) Financials

NYSE:LTHM

Market Cap

3.49B

Total Revenue

813.20M

Gross Profit

395.70M

Operating Income

316.00M

Net Income

273.50M

Metric	2016	2017	2018	2019	2020	2021	2022
revenue	264,100,000	347,400,000	442,500,000	388,400,000	288,200,000	420,400,000	813,200,000
costOfRevenue	175,800,000	198,600,000	236,800,000	273,500,000	251,400,000	332,000,000	417,500,000
grossProfit	88,300,000	148,800,000	205,700,000	114,900,000	36,800,000	88,400,000	395,700,000
researchAndDevelopmentExpenses	3,100,000	3,100,000	3,800,000	3,300,000	3,700,000	3,000,000	3,900,000
sellingAndMarketingExpenses	--	--	--	--	44,600,000	49,900,000	55,200,000
generalAndAdministrativeExpenses	25,200,000	35,500,000	46,100,000	46,800,000	-1,100,000	2,000,000	55,200,000
sellingGeneralAndAdministrativeExpenses	25,200,000	35,500,000	46,100,000	46,800,000	43,500,000	51,900,000	55,200,000
operatingExpenses	28,300,000	38,600,000	49,900,000	50,100,000	47,200,000	54,900,000	59,800,000
operatingIncome	60,000,000	110,200,000	165,100,000	43,100,000	-35,900,000	2,900,000	316,000,000
totalOtherIncomeExpensesNet	-4,600,000	-40,100,000	-2,400,000	14,700,000	10,500,000	21,000,000	19,400,000
ebitda	75,800,000	134,800,000	158,400,000	64,000,000	-10,900,000	28,000,000	343,700,000
depreciationAndAmortization	14,800,000	15,900,000	17,800,000	20,900,000	25,000,000	25,100,000	27,700,000
interestIncome	--	--	--	--	--	300,000	--
interestExpense	--	--	153,200,000	58,600,000	3,700,000	300,000	328,400,000
incomeBeforeTax	54,500,000	70,100,000	153,100,000	57,800,000	-25,400,000	23,900,000	335,400,000
incomeTaxExpense	7,400,000	27,900,000	27,000,000	7,600,000	-6,500,000	23,300,000	61,900,000
netIncome	47,100,000	42,200,000	126,100,000	50,200,000	-18,900,000	600,000	273,500,000
eps	0.33	0.29	0.99	0.34	-0.13	0.004	1.59
epsdiluted	0.33	0.29	0.99	0.34	-0.13	0.003	1.36
weightedAverageShsOut	143,000,000	143,000,000	127,700,000	146,000,000	146,200,000	154,700,000	171,800,000
weightedAverageShsOutDil	143,000,000	143,000,000	127,700,000	146,400,000	146,200,000	184,300,000	201,600,000
costAndExpenses	204,100,000	237,200,000	286,700,000	323,600,000	298,600,000	386,900,000	476,600,000
otherExpenses	-3,600,000	-31,400,000	200,000	12,500,000	-100,000	300,000	700,000

Key Facts

Industry

Specialty Chemicals

Sector

Basic Materials

Headquarters

Philadelphia, PA, US

Website

livent.com

CEO

Mr. Paul W. Graves

Employees

1350

About the Company

Livent Corporation manufactures and sells performance lithium compounds primarily used in lithium-based batteries, specialty polymers, and chemical synthesis applications in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers lithium compounds for use in applications that have specific performance requirements, including battery-grade lithium hydroxide for use in high performance lithium-ion batteries; and butyllithium, which is used in the production of polymers and pharmaceutical products, as well as a range of specialty lithium compounds, including high purity lithium metal, which is used in non-rechargeable batteries and the production of lightweight materials for aerospace applications. It also provides lithium phosphate, pharmaceutical-grade lithium carbonate, high purity lithium chloride, and specialty organics; and lithium carbonate and lithium chloride for use as feedstock in the process of producing performance lithium compounds. The company was incorporated in 2018 and is headquartered in Philadelphia, Pennsylvania.