Will 2018 Be a Good Year for Starbucks?
2017 was a tough year for Starbucks (SBUX), with its stock returning only 3.4%. During the same period, peers McDonald’s (MCD), Dunkin’ Brands (DNKN), and Domino’s Pizza (DPZ) have increased their returns 41.4%, 22.9%, and 18.7%, respectively.
KBR has an assorted mix of business portfolios, which helps it combat cyclicality associated with any single market.
Among its peers in the industrial (XLI) sector, KBR has the highest PBV ratio for 2017 at 2.95x. It’s followed by Fluor (FLR).
As of September 30, 2017, KBR (KBR) has a long-term revolving credit agreement debt of $470 million, which is due in 2020.
As of September 30, 2017, KBR (KBR) had a total debt of $2.7 billion against $3.4 billion at the end of fiscal 2016. Nearly $1.2 billion of that is currently payable.
KBR (KBR) is subject to income taxes in the United States and numerous foreign jurisdictions. Its pre-tax profit fell 89% to $33 million in fiscal 2016, from $312 million in fiscal 2015.
KBR’s cost of revenue came in at $4.2 billion in 2016, which was 13% lower than $4.8 billion in 2015.
As of September 30, 2017, KBR’s backlog was $10.3 billion. According to company filings, 95% of earnings for 2017 is secured in backlogs.
In 2016, KBR recorded total revenue of $4.3 billion, which was 16% below $5.1 billion in 2015 and 33% lower than $6.4 billion in 2014.
KBR (KBR) has a diverse customer base. According to KBR, its customers are “domestic and foreign governments, international and national oil and gas companies, independent refiners, petrochemical producers, fertilizer producers and manufacturers.” Revenue…