FARO Financial Statements From 2010 to 2024

FARO Stock  USD 26.30  0.80  3.14%   
FARO Technologies financial statements provide useful quarterly and yearly information to potential FARO Technologies investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on FARO Technologies financial statements helps investors assess FARO Technologies' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting FARO Technologies' valuation are summarized below:
Gross Profit
175.8 M
Profit Margin
(0.02)
Market Capitalization
482.4 M
Enterprise Value Revenue
1.3908
Revenue
347.7 M
We have found one hundred twenty available fundamental signals for FARO Technologies, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify FARO Technologies' prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself for few more years. As of the 22nd of November 2024, Market Cap is likely to grow to about 429.4 M, while Enterprise Value is likely to drop about 384.1 M.

FARO Technologies Total Revenue

224.1 Million

Check FARO Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FARO Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.3 M, Interest Expense of 3.5 M or Total Revenue of 224.1 M, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0 or PTB Ratio of 1.51. FARO financial statements analysis is a perfect complement when working with FARO Technologies Valuation or Volatility modules.
  
Check out the analysis of FARO Technologies Correlation against competitors.
To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.

FARO Technologies Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets293.7 M504.7 M403.3 M
Slightly volatile
Short and Long Term Debt Total93.5 M89 M18.7 M
Slightly volatile
Other Current Liabilities18.4 M28.7 M24.9 M
Slightly volatile
Total Current Liabilities118.9 M113.3 M79.7 M
Slightly volatile
Total Stockholder Equity219.8 M268.6 M293.9 M
Slightly volatile
Property Plant And Equipment Net19.6 M33.4 M29.3 M
Slightly volatile
Accounts Payable28.8 M27.4 M15.7 M
Slightly volatile
Cash65.5 M76.8 M98.4 M
Pretty Stable
Non Current Assets Total255.2 M243.1 M147.4 M
Slightly volatile
Cash And Short Term Investments96.9 M96.3 M128.9 M
Pretty Stable
Net Receivables52.5 M92 M68 M
Slightly volatile
Common Stock Shares Outstanding16.4 M18.9 M16.8 M
Slightly volatile
Liabilities And Stockholders Equity293.7 M504.7 M403.3 M
Slightly volatile
Non Current Liabilities Total129 M122.8 M41.4 M
Slightly volatile
Inventory35.7 M34.5 M47.1 M
Pretty Stable
Other Current Assets40.7 M38.8 M24.4 M
Slightly volatile
Other Stockholder Equity158.7 M315.6 M200.9 M
Slightly volatile
Total Liabilities247.9 M236.1 M121 M
Slightly volatile
Property Plant And Equipment Gross145.4 M138.5 M44.6 M
Slightly volatile
Total Current Assets201.2 M261.6 M266.8 M
Pretty Stable
Short Term Debt11.4 M10.9 M6.4 M
Slightly volatile
Intangible Assets50.3 M47.9 M21.7 M
Slightly volatile
Common Stock Total Equity17.9 K23 K18.3 K
Slightly volatile
Common Stock18.1 K23 K18.3 K
Slightly volatile
Other Liabilities50 M47.6 M26.1 M
Slightly volatile
Other Assets34.3 M68 M44.5 M
Slightly volatile
Property Plant Equipment24.8 M44.5 M34.3 M
Slightly volatile
Current Deferred Revenue23.9 M40.6 M30.7 M
Slightly volatile
Good Will115 M109.5 M53.2 M
Slightly volatile
Net Tangible Assets322.2 M357.7 M294.5 M
Slightly volatile
Retained Earnings Total Equity40 M42.1 M112.1 M
Slightly volatile
Long Term Debt Total514.4 K489.9 K358.6 K
Slightly volatile
Capital Surpluse258.7 M377.5 M241.9 M
Slightly volatile
Capital Lease Obligations15.1 M16.3 M15.1 M
Slightly volatile
Deferred Long Term Liabilities7.3 M10.5 M9.2 M
Slightly volatile
Deferred Long Term Asset Charges18.8 M17.9 M10.6 M
Slightly volatile
Non Current Liabilities Other21.9 K23 K17.4 M
Slightly volatile
Net Invested Capital274.3 M341.4 M342.6 M
Slightly volatile
Net Working Capital149.2 M148.3 M198.9 M
Slightly volatile
Long Term Investments1.4 M1.5 M1.7 M
Slightly volatile
Capital Stock21.4 K23 K19.6 K
Slightly volatile

FARO Technologies Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization16.3 M15.5 M7.6 M
Slightly volatile
Total Revenue224.1 M358.8 M302.4 M
Slightly volatile
Gross Profit123.1 M165 M162.4 M
Slightly volatile
Other Operating Expenses218.8 M408.4 M297.8 M
Slightly volatile
Research Development20.9 M41.8 M30.9 M
Slightly volatile
Cost Of Revenue101 M193.8 M139.9 M
Slightly volatile
Total Operating Expenses117.2 M199.1 M156.8 M
Slightly volatile
Selling General Administrative163.6 M155.8 M81.8 M
Slightly volatile
Selling And Marketing Expenses68.7 M134.5 M89.5 M
Slightly volatile
Reconciled Depreciation12.6 M15.7 M16 M
Slightly volatile

FARO Technologies Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation18.7 M17.8 MM
Slightly volatile
Depreciation8.4 M15.5 M11.5 M
Slightly volatile
Capital Expenditures7.7 M14 M10.2 M
Slightly volatile
Begin Period Cash Flow64.5 M37.8 M96.6 M
Slightly volatile
Issuance Of Capital Stock16.7 M18.8 M20.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.131.18782.7313
Slightly volatile
PTB Ratio1.511.58684.2445
Slightly volatile
Days Sales Outstanding99.4793.610184.0824
Pretty Stable
Book Value Per Share9.7514.198616.767
Pretty Stable
Average Payables4.1 M7.7 M7.8 M
Very volatile
Stock Based Compensation To Revenue0.05220.04970.0242
Slightly volatile
Capex To Depreciation1.110.90411.0244
Pretty Stable
PB Ratio1.511.58684.2445
Slightly volatile
EV To Sales1.161.22192.4866
Slightly volatile
Inventory Turnover5.895.61363.1755
Slightly volatile
Days Of Inventory On Hand61.7765.0207125
Slightly volatile
Payables Turnover6.387.07319.6934
Very volatile
Sales General And Administrative To Revenue0.140.11810.1219
Pretty Stable
Average Inventory7.2 M10.8 M11.2 M
Very volatile
Research And Ddevelopement To Revenue0.06780.11650.0954
Slightly volatile
Capex To Revenue0.0430.0390.0334
Slightly volatile
Cash Per Share4.35.08967.3847
Pretty Stable
Days Payables Outstanding57.9551.603842.5324
Very volatile
Intangibles To Total Assets0.330.31190.1632
Slightly volatile
Current Ratio2.192.30953.6019
Slightly volatile
Tangible Book Value Per Share7.795.877113.0476
Pretty Stable
Receivables Turnover3.313.89924.4382
Slightly volatile
Graham Number32.4630.9121.7406
Slightly volatile
Shareholders Equity Per Share9.7514.198616.767
Pretty Stable
Debt To Equity0.310.29110.0779
Pretty Stable
Capex Per Share0.780.73970.6082
Slightly volatile
Revenue Per Share9.9418.967917.2794
Slightly volatile
Interest Debt Per Share4.534.31030.6995
Slightly volatile
Debt To Assets0.160.15490.0417
Pretty Stable
Operating Cycle258159214
Slightly volatile
Price Book Value Ratio1.511.58684.2445
Slightly volatile
Days Of Payables Outstanding57.9551.603842.5324
Very volatile
Ebt Per Ebit1.031.09141.6021
Slightly volatile
Company Equity Multiplier1.061.87891.402
Very volatile
Long Term Debt To Capitalization0.20.190.2093
Pretty Stable
Total Debt To Capitalization0.240.22550.0612
Pretty Stable
Debt Equity Ratio0.310.29110.0779
Pretty Stable
Quick Ratio3.82.00473.055
Slightly volatile
Cash Ratio0.640.67791.2536
Pretty Stable
Cash Conversion Cycle200107171
Slightly volatile
Days Of Inventory Outstanding61.7765.0207125
Slightly volatile
Days Of Sales Outstanding99.4793.610184.0824
Pretty Stable
Price To Book Ratio1.511.58684.2445
Slightly volatile
Fixed Asset Turnover18.2710.739612.7319
Slightly volatile
Debt Ratio0.160.15490.0417
Pretty Stable
Price Sales Ratio1.131.18782.7313
Slightly volatile
Asset Turnover0.910.7110.8373
Slightly volatile
Gross Profit Margin0.620.45980.544
Pretty Stable
Price Fair Value1.511.58684.2445
Slightly volatile

FARO Technologies Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap429.4 M426.2 M717.4 M
Pretty Stable
Enterprise Value384.1 M438.5 M630.7 M
Pretty Stable

FARO Fundamental Market Drivers

Forward Price Earnings30.7692
Cash And Short Term Investments96.3 M

FARO Upcoming Events

21st of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About FARO Technologies Financial Statements

FARO Technologies investors utilize fundamental indicators, such as revenue or net income, to predict how FARO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue40.6 M23.9 M
Total Revenue358.8 M224.1 M
Cost Of Revenue193.8 M101 M
Stock Based Compensation To Revenue 0.05  0.05 
Sales General And Administrative To Revenue 0.12  0.14 
Research And Ddevelopement To Revenue 0.12  0.07 
Capex To Revenue 0.04  0.04 
Revenue Per Share 18.97  9.94 
Ebit Per Revenue(0.14)(0.13)

Pair Trading with FARO Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FARO Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FARO Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with FARO Stock

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Moving against FARO Stock

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  0.35KNW Know Labs Fiscal Year End 17th of December 2024 PairCorr
The ability to find closely correlated positions to FARO Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FARO Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FARO Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FARO Technologies to buy it.
The correlation of FARO Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FARO Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FARO Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FARO Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether FARO Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FARO Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Faro Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Faro Technologies Stock:
Check out the analysis of FARO Technologies Correlation against competitors.
To learn how to invest in FARO Stock, please use our How to Invest in FARO Technologies guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FARO Technologies. If investors know FARO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FARO Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.33)
Revenue Per Share
18.152
Quarterly Revenue Growth
(0.05)
Return On Assets
0.013
Return On Equity
(0.03)
The market value of FARO Technologies is measured differently than its book value, which is the value of FARO that is recorded on the company's balance sheet. Investors also form their own opinion of FARO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FARO Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FARO Technologies' market value can be influenced by many factors that don't directly affect FARO Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FARO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FARO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FARO Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.