$7.29B Market Cap.
ADC Market Cap. (MRY)
ADC Shares Outstanding (MRY)
ADC Assets (MRY)
Total Assets
$8.49B
Total Liabilities
$2.98B
Total Investments
$0
ADC Income (MRY)
Revenue
$617.10M
Net Income
$189.20M
Operating Expense
$241.62M
ADC Cash Flow (MRY)
CF Operations
$431.97M
CF Investing
-$885.41M
CF Financing
$445.31M
ADC Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $3.00 | 4.30% | 2.67% | 167.43% | 0.60 |
2023 | $2.92 | 4.60% | 4.06% | 171.71% | 0.58 |
2022 | $2.81 | 4.00% | 7.72% | 152.45% | 0.66 |
2021 | $2.60 | 3.60% | 8.27% | 145.47% | 0.69 |
2020 | $2.40 | 3.60% | - | 136.65% | 0.73 |
ADC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $8,486,446,000 (9.15%) | $7,774,836,000 (15.81%) | $6,713,189,000 (28.44%) | $5,226,906,000 (34.50%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $864,937,000 (1.27%) | $854,088,000 (6.83%) | $799,448,000 (18.96%) | $672,020,000 (41.90%) |
Shareholders Equity | $5,510,046,000 (5.98%) | $5,199,211,000 (12.32%) | $4,628,998,000 (35.44%) | $3,417,687,000 (35.38%) |
Property Plant & Equipment Net | $7,418,108,000 (10.01%) | $6,743,320,000 (17.46%) | $5,741,068,000 (31.46%) | $4,367,111,000 (32.17%) |
Cash & Equivalents | $6,399,000 (-55.94%) | $14,524,000 (-49.76%) | $28,909,000 (-36.11%) | $45,250,000 (468.82%) |
Accumulated Other Comprehensive Income | $40,076,000 (142.09%) | $16,554,000 (-29.71%) | $23,551,000 (527.97%) | -$5,503,000 (84.83%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $106,416,000 (28.28%) | $82,954,000 (25.99%) | $65,841,000 (23.20%) | $53,442,000 (41.35%) |
Trade & Non-Trade Payables | $116,273,000 (14.67%) | $101,401,000 (21.12%) | $83,722,000 (19.59%) | $70,005,000 (-1.94%) |
Accumulated Retained Earnings (Deficit) | -$470,622,000 (-35.83%) | -$346,473,000 (-51.87%) | -$228,132,000 (-54.81%) | -$147,366,000 (-61.33%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $2,785,421,000 (15.53%) | $2,410,921,000 (24.27%) | $1,940,018,000 (14.96%) | $1,687,629,000 (38.52%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $2,975,785,000 (15.58%) | $2,574,683,000 (23.62%) | $2,082,799,000 (15.23%) | $1,807,590,000 (32.92%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
ADC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $617,095,000 (14.81%) | $537,495,000 (25.05%) | $429,814,000 (26.67%) | $339,323,000 (36.51%) |
Cost of Revenue | $73,231,000 (12.57%) | $65,053,000 (28.40%) | $50,664,000 (28.23%) | $39,509,000 (29.75%) |
Selling General & Administrative Expense | $37,233,000 (7.03%) | $34,788,000 (15.49%) | $30,121,000 (18.33%) | $25,456,000 (22.43%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $241,621,000 (10.81%) | $218,055,000 (35.38%) | $161,065,000 (47.03%) | $109,545,000 (28.90%) |
Interest Expense | $108,904,000 (34.25%) | $81,119,000 (27.88%) | $63,435,000 (25.92%) | $50,378,000 (25.64%) |
Income Tax Expense | $4,306,000 (47.97%) | $2,910,000 (1.75%) | $2,860,000 (19.12%) | $2,401,000 (121.09%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $189,832,000 (11.31%) | $170,547,000 (11.44%) | $153,035,000 (24.54%) | $122,876,000 (33.60%) |
Net Income to Non-Controlling Interests | $635,000 (7.99%) | $588,000 (-1.67%) | $598,000 (-0.83%) | $603,000 (2.03%) |
Net Income | $189,197,000 (11.32%) | $169,959,000 (11.49%) | $152,437,000 (24.67%) | $122,273,000 (33.81%) |
Preferred Dividends Income Statement Impact | $7,437,000 (0.00%) | $7,437,000 (0.00%) | $7,437,000 (246.23%) | $2,148,000 (0%) |
Net Income Common Stock | $181,760,000 (11.84%) | $162,522,000 (12.08%) | $145,000,000 (20.71%) | $120,125,000 (31.46%) |
Weighted Average Shares | $101,099,252 (6.21%) | $95,191,409 (21.02%) | $78,659,333 (17.75%) | $66,802,242 (28.87%) |
Weighted Average Shares Diluted | $101,876,304 (6.75%) | $95,437,412 (20.56%) | $79,164,386 (17.91%) | $67,139,079 (28.14%) |
Earning Before Interest & Taxes (EBIT) | $302,407,000 (19.06%) | $253,988,000 (16.12%) | $218,732,000 (24.95%) | $175,052,000 (32.05%) |
Gross Profit | $543,864,000 (15.12%) | $472,442,000 (24.61%) | $379,150,000 (26.46%) | $299,814,000 (37.46%) |
Operating Income | $302,243,000 (18.81%) | $254,387,000 (16.65%) | $218,085,000 (14.62%) | $190,269,000 (42.92%) |
ADC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$885,407,000 (30.56%) | -$1,274,997,000 (21.10%) | -$1,615,975,000 (-16.54%) | -$1,386,615,000 (-6.68%) |
Net Cash Flow from Financing | $445,310,000 (-48.76%) | $869,014,000 (-29.78%) | $1,237,513,000 (5.09%) | $1,177,595,000 (4.89%) |
Net Cash Flow from Operations | $431,972,000 (10.31%) | $391,598,000 (8.14%) | $362,121,000 (47.02%) | $246,315,000 (72.30%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$8,125,000 (43.52%) | -$14,385,000 (11.97%) | -$16,341,000 (-143.82%) | $37,295,000 (209.04%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$2,404,000 (-437.81%) | -$447,000 (11.13%) | -$503,000 (-7.48%) | -$468,000 (61.86%) |
Capital Expenditure | -$883,003,000 (30.72%) | -$1,274,550,000 (21.10%) | -$1,615,472,000 (-16.54%) | -$1,386,147,000 (-6.74%) |
Issuance (Repayment) of Debt Securities | $356,735,000 (-23.76%) | $467,927,000 (122.49%) | $210,315,000 (-54.39%) | $461,120,000 (33.60%) |
Issuance (Purchase) of Equity Shares | $400,657,000 (-41.70%) | $687,212,000 (-45.28%) | $1,255,911,000 (69.02%) | $743,034,000 (-16.93%) |
Payment of Dividends & Other Cash Distributions | -$303,604,000 (-9.34%) | -$277,676,000 (-26.04%) | -$220,304,000 (-13.39%) | -$194,296,000 (-67.33%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $10,805,000 (29.59%) | $8,338,000 (28.99%) | $6,464,000 (34.72%) | $4,798,000 (2.04%) |
Depreciation Amortization & Accretion | $206,987,000 (17.42%) | $176,277,000 (31.97%) | $133,570,000 (39.53%) | $95,729,000 (43.40%) |
ADC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 88.10% (0.23%) | 87.90% (-0.34%) | 88.20% (-0.23%) | 88.40% (0.80%) |
Profit Margin | 29.50% (-2.32%) | 30.20% (-10.39%) | 33.70% (-4.80%) | 35.40% (-3.80%) |
EBITDA Margin | 82.50% (3.00%) | 80.10% (-2.32%) | 82.00% (2.76%) | 79.80% (-0.50%) |
Return on Average Equity (ROAE) | 3.40% (6.25%) | 3.20% (-5.88%) | 3.40% (-10.53%) | 3.80% (-9.52%) |
Return on Average Assets (ROAA) | 2.20% (0.00%) | 2.20% (-4.35%) | 2.30% (-8.00%) | 2.50% (-7.41%) |
Return on Sales (ROS) | 49.00% (3.59%) | 47.30% (-7.07%) | 50.90% (-1.36%) | 51.60% (-3.19%) |
Return on Invested Capital (ROIC) | 3.00% (3.45%) | 2.90% (-3.33%) | 3.00% (-3.23%) | 3.10% (-6.06%) |
Dividend Yield | 4.30% (-6.52%) | 4.60% (15.00%) | 4.00% (11.11%) | 3.60% (0.00%) |
Price to Earnings Ratio (P/E) | 39.36 (6.29%) | 37.03 (-3.94%) | 38.55 (-3.30%) | 39.87 (5.38%) |
Price to Sales Ratio (P/S) | 11.54 (3.52%) | 11.15 (-14.11%) | 12.98 (-7.60%) | 14.05 (1.18%) |
Price to Book Ratio (P/B) | 1.32 (8.79%) | 1.22 (-10.32%) | 1.36 (-6.86%) | 1.46 (-0.21%) |
Debt to Equity Ratio (D/E) | 0.54 (9.09%) | 0.49 (10.00%) | 0.45 (-14.93%) | 0.53 (-1.86%) |
Earnings Per Share (EPS) | 1.79 (5.29%) | 1.7 (-7.61%) | 1.84 (2.79%) | 1.79 (1.70%) |
Sales Per Share (SPS) | 6.1 (8.11%) | 5.65 (3.33%) | 5.46 (7.56%) | 5.08 (5.94%) |
Free Cash Flow Per Share (FCFPS) | -4.46 (51.91%) | -9.28 (41.78%) | -15.93 (6.62%) | -17.06 (23.46%) |
Book Value Per Share (BVPS) | 54.5 (-0.21%) | 54.62 (-7.19%) | 58.85 (15.03%) | 51.16 (5.06%) |
Tangible Assets Book Value Per Share (TABVPS) | 75.39 (3.69%) | 72.7 (-3.30%) | 75.18 (10.26%) | 68.19 (3.57%) |
Enterprise Value Over EBIT (EV/EBIT) | 33 (-2.94%) | 34 (-5.56%) | 36 (-2.70%) | 37 (2.78%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 19.54 (-1.69%) | 19.88 (-11.28%) | 22.41 (-5.26%) | 23.65 (-2.13%) |
Asset Turnover | 0.08 (5.56%) | 0.07 (4.35%) | 0.07 (-1.43%) | 0.07 (-5.41%) |
Current Ratio | - | - | - | - |
Dividends | $3 (2.67%) | $2.92 (4.06%) | $2.81 (7.72%) | $2.6 (8.27%) |
Free Cash Flow (FCF) | -$451,031,000 (48.92%) | -$882,952,000 (29.55%) | -$1,253,351,000 (-9.96%) | -$1,139,832,000 (1.37%) |
Enterprise Value (EV) | $9,955,523,595 (16.39%) | $8,553,697,185 (8.35%) | $7,894,199,481 (23.27%) | $6,404,028,817 (32.96%) |
Earnings Before Tax (EBT) | $193,503,000 (11.94%) | $172,869,000 (11.32%) | $155,297,000 (24.56%) | $124,674,000 (34.83%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $509,394,000 (18.39%) | $430,265,000 (22.13%) | $352,302,000 (30.11%) | $270,781,000 (35.85%) |
Invested Capital | $10,400,531,000 (11.63%) | $9,317,145,000 (19.07%) | $7,824,850,000 (26.26%) | $6,197,265,000 (34.05%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $7,621,509,000 (10.13%) | $6,920,748,000 (17.03%) | $5,913,741,000 (29.83%) | $4,554,886,000 (33.47%) |
Market Capitalization | $7,293,172,595 (15.26%) | $6,327,716,185 (0.72%) | $6,282,500,481 (26.17%) | $4,979,482,817 (35.07%) |
Average Equity | $5,286,216,000 (4.59%) | $5,054,219,000 (20.18%) | $4,205,707,250 (32.74%) | $3,168,497,750 (45.22%) |
Average Assets | $8,135,038,000 (9.64%) | $7,420,093,750 (18.98%) | $6,236,528,000 (29.47%) | $4,816,832,750 (43.20%) |
Invested Capital Average | $9,935,850,750 (13.15%) | $8,781,246,750 (20.36%) | $7,295,784,250 (29.33%) | $5,641,378,500 (42.38%) |
Shares | 103,522,677 (2.99%) | 100,519,717 (13.49%) | 88,573,248 (26.93%) | 69,779,748 (26.02%) |
