NYSE$ST

Sensata Technologies Holding N.V. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Sensata's revenue growth outpaced markets by 800 basis points offsetting meaningful declines in automotive production versus the prior-year quarter, and the company adapted effectively to supply chain challenges, delivering record annual revenue.

Sensata Technologies reported a 3.1% increase in revenue and a 1.0% increase in adjusted operating income compared to the fourth quarter of 2020. The company's revenue growth outpaced markets by 800 basis points, offsetting declines in automotive production. Sensata also adapted effectively to supply chain challenges, delivering record annual revenue.

  • Revenue was $934.6 million, an increase of 3.1% compared to Q4 2020.
  • Operating income was $149.7 million, a decrease of 2.9% compared to Q4 2020.
  • Adjusted earnings per share was $0.87, an increase of 2.4% compared to Q4 2020.
  • Sensata generated $160.9 million of operating cash flow, and free cash flow totaled $116.9 million.

Headline financials

Total Revenue

$935M

Previous: $906M+3.1%
EPS (adj)

$0.87

Previous: $0.85+2.4%
Operating Margin

16.0%

Previous: 17.0%-5.9%
Adjusted Operating Margin

21.1%

Previous: 21.6%-2.3%
Net Income

$112M

Previous: $122M-8.0%
Operating Income

$150M

Previous: $154M-2.9%
Gross Profit

$315M

Previous: $297M+6.1%
Cash & Equivalents

$1.71B

Previous: $1.86B-8.2%
Total Assets

$8.61B

Previous: $7.84B+9.8%
Stock-Based Comp

$6.79M

Previous: $4.91M+38.2%

Revenue & EPS history

Sensata · Revenue · Quarterly

$935M

Q4 2021+3.1%vs Q4 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

For the full year 2022, Sensata expects revenue of $4,125 to $4,275 million and adjusted EPS of $3.80 to $4.06. For the first quarter of 2022, the company expects revenue of $935 to $975 million and adjusted EPS of $0.70 to $0.78.

Tailwinds

  • Full year 2022 revenue is expected to be $4,125 to $4,275 million.
  • Full year 2022 organic revenue growth is expected to be 6% - 10%.
  • Full year 2022 adjusted operating income is expected to be $848 - $892 million.
  • Full year 2022 adjusted net income is expected to be $600 - $640 million.
  • Full year 2022 adjusted EPS is expected to be $3.80 - $4.06.

Headwinds

  • First quarter 2022 revenue is expected to be $935 to $975 million.
  • First quarter 2022 organic revenue growth is expected to be (4%) - 1%.
  • First quarter 2022 adjusted operating income is expected to be $171 - $183 million.
  • First quarter 2022 adjusted net income is expected to be $112 - $124 million.
  • First quarter 2022 adjusted EPS is expected to be $0.70 - $0.78.

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 2021

Historical avgQ4 2021

-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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