NYSE$ST

Sensata Technologies Holding N.V. · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported strong financial performance with revenue growth and adjusted operating income growth from the third quarter.

Sensata Technologies reported a 7.1% increase in revenue compared to Q4 2019, reaching $906.5 million. Operating income increased by 27.7% to $154.2 million, and earnings per share rose by 126.5% to $0.77. The company's performance reflects a return to growth across automotive, heavy vehicle, and industrial markets.

  • Revenue increased by 7.1% compared to the fourth quarter of 2019, totaling $906.5 million.
  • Operating income increased by 27.7% compared to the fourth quarter of 2019, reaching $154.2 million.
  • Earnings per share increased by 126.5% compared to the fourth quarter of 2019, reaching $0.77.
  • Record free cash flow of $240 million in the fourth quarter.

Headline financials

Total Revenue

$906M

Previous: $847M+7.1%
EPS (adj)

$0.85

Previous: $0.89-4.5%
Operating Margin

17.0%

Previous: 14.3%+18.9%
Adjusted Operating Margin

21.6%

Previous: 22.7%-4.8%
Free Cash Flow

$240M

No prior period
Net Income

$122M

Previous: $53.5M+127.3%
Operating Income

$154M

Previous: $121M+27.7%
Gross Profit

$297M

Previous: $290M+2.2%
Cash & Equivalents

$1.86B

Previous: $774M+140.5%
Total Assets

$7.84B

Previous: $6.83B+14.8%
Stock-Based Comp

$4.91M

Previous: $3.57M+37.7%

Revenue & EPS history

Sensata · Revenue · Quarterly

$906M

Q4 2020+7.1%vs Q4 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

For Q1 2021, Sensata expects revenue of $875 to $915 million and adjusted EPS of $0.67 to $0.77. For FY 2021, Sensata expects revenue of $3,425 to $3,575 million and adjusted EPS of $3.06 to $3.42.

Tailwinds

  • Revenue $875 - $915 million (Q1 2021)
  • Organic growth 11% - 16% (Q1 2021)
  • Adjusted Operating Income $166 - $182 million (Q1 2021)
  • Adjusted Net Income $106 - $122 million (Q1 2021)
  • Adjusted EPS $0.67 - $0.77 (Q1 2021)

Headwinds

  • Changes in foreign currency exchange rates will decrease adjusted earnings per share by approximately ($0.01) in the first quarter of 2021.
  • Revenue $3,425 - $3,575 million (FY 2021)
  • Organic growth 10% - 15% (FY 2021)
  • Adjusted Operating Income $695 - $755 million (FY 2021)
  • Adjusted Net Income $488 - $544 million (FY 2021)

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-0.5%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.6%

Avg return

30 days after

38%

25 / 65 earnings

Positive

+14.7%

Q4 2022

Best reaction

-11.3%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.3%-1.0%+19.0%
Q4 2025+6.1%+4.7%-8.2%
Q3 2025+5.7%+3.2%+4.0%
Q1 2025+13.7%+23.7%+20.3%
Q4 2024+8.6%+14.5%+5.3%
Q3 2024-8.4%-4.0%-8.0%
Q2 2024-0.2%-5.2%-0.9%
Q1 2024+9.5%+14.6%+15.7%
Q4 2023-8.2%-8.8%-2.9%
Q3 2023-7.2%-4.8%-4.7%
Q2 2023-10.0%-9.5%-20.1%
Q1 2023-9.7%-9.2%-15.2%
Q4 2022+14.7%+16.2%+11.2%
Q3 2022-6.2%-3.1%+8.2%
Q2 2022-0.8%+1.2%-2.1%
Q1 2022-9.0%-6.8%-5.0%
Q4 2021-0.1%-3.6%-0.1%
Q3 2021-3.4%-2.8%+7.8%
Q2 2021+1.4%+5.6%+7.6%
Q1 2021-1.4%-3.8%-1.9%
Q4 2020-2.7%-4.5%+5.7%
Q3 2020-10.2%-9.4%+4.3%
Q2 2020-4.2%-9.1%-1.1%
Q1 2020-1.8%-10.3%-3.8%
Q4 2019+4.1%+2.2%-30.7%
Q3 2019-0.8%+2.3%-0.2%
Q2 2019-2.4%-5.3%-6.9%
Q1 2019+1.6%+1.3%-14.5%
Q4 2018-2.6%-2.6%+0.2%
Q3 2018+10.2%+12.6%+7.6%
Q2 2018+3.1%+6.0%+5.1%
Q1 2018-4.5%-4.9%-3.4%
Q4 2017-2.4%-5.2%-8.4%
Q3 2017-2.7%-1.8%-2.7%
Q2 2017+1.7%-0.3%-2.3%
Q1 2017-5.0%-3.7%-4.0%
Q4 2016-1.8%-3.3%-2.0%
Q3 2016-0.9%-4.4%+1.1%
Q2 2016+3.9%-0.4%+1.5%
Q1 2016+3.3%
Q4 2015-11.3%
Q3 2015+2.1%
Q2 2015-0.7%
Q1 2015-3.3%
Q4 2014-0.4%
Q3 2014+2.7%
Q2 2014-0.2%
Q1 2014-2.6%
Q4 2013+7.6%
Q3 2013-5.7%
Q2 2013-0.7%
Q1 2013+7.6%
Q4 2012-2.7%
Q3 2012-0.0%
Q2 2012+3.2%
Q1 2011+4.5%
Q1 2012+2.4%
Q4 2009-3.3%
Q1 2010-3.3%
Q4 2011-3.3%
Q3 2010-2.9%
Q3 2011-2.9%
Q2 2010+0.4%
Q4 2010+0.4%
Q2 2011+0.4%

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