Company Quick10K Filing
Wesco Aircraft
10-K 2019-09-30 Filed 2019-11-26
10-Q 2019-06-30 Filed 2019-08-09
10-Q 2019-03-31 Filed 2019-05-03
10-Q 2018-12-31 Filed 2019-02-01
10-K 2018-09-30 Filed 2018-11-16
10-Q 2018-06-30 Filed 2018-08-03
10-Q 2018-03-31 Filed 2018-05-04
10-Q 2017-12-31 Filed 2018-02-09
10-K 2017-09-30 Filed 2017-11-29
10-Q 2017-06-30 Filed 2017-08-09
10-Q 2017-03-31 Filed 2017-05-10
10-Q 2016-12-31 Filed 2017-02-08
10-K 2016-09-30 Filed 2016-11-28
10-Q 2016-06-30 Filed 2016-08-05
10-Q 2016-03-31 Filed 2016-05-06
10-Q 2015-12-31 Filed 2016-02-05
10-K 2015-09-30 Filed 2015-11-30
10-Q 2015-06-30 Filed 2015-08-07
10-Q 2015-03-31 Filed 2015-05-08
10-Q 2014-12-31 Filed 2015-02-06
10-K 2014-09-30 Filed 2014-12-01
10-Q 2014-06-30 Filed 2014-08-06
10-Q 2014-03-31 Filed 2014-05-12
10-Q 2013-12-31 Filed 2014-02-12
10-K 2013-09-30 Filed 2013-12-10
10-Q 2013-06-30 Filed 2013-08-06
10-Q 2013-03-31 Filed 2013-05-09
10-Q 2012-12-31 Filed 2013-02-08
10-K 2012-09-30 Filed 2012-11-30
10-Q 2012-06-30 Filed 2012-08-10
10-Q 2012-03-31 Filed 2012-05-11
10-Q 2011-12-31 Filed 2012-02-06
10-K 2011-09-30 Filed 2011-12-05
10-Q 2011-06-30 Filed 2011-08-17
8-K 2020-01-09 Leave Agreement, Shareholder Rights, Control, Officers, Exhibits
8-K 2020-01-02 Other Events
8-K 2019-11-25 Earnings, Other Events, Exhibits
8-K 2019-10-24 Shareholder Vote, Other Events, Exhibits
8-K 2019-10-14 Earnings, Other Events
8-K 2019-09-13 Other Events
8-K 2019-08-09 Earnings, Exhibits
8-K 2019-08-08 Enter Agreement, Officers, Other Events, Exhibits
8-K 2019-08-08 Regulation FD, Exhibits
8-K 2019-05-02 Earnings, Exhibits
8-K 2019-01-31 Earnings, Exhibits
8-K 2019-01-24 Officers, Shareholder Vote, Exhibits
8-K 2018-11-15 Earnings, Exhibits
8-K 2018-09-14 Officers
8-K 2018-08-02 Earnings, Exhibits
8-K 2018-06-26 Officers
8-K 2018-05-03 Earnings, Regulation FD, Exhibits
8-K 2018-02-09 Officers
8-K 2018-02-08 Earnings, Exhibits
8-K 2018-01-25 Shareholder Vote

Wesco Aircraft Financials

WAIR Metrics, Comps, Filings

Quarterly | Annual

Business

We are one of the world's leading distributors and providers of comprehensive supply chain management services to the global aerospace industry, based on annual sales. Our services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time (JIT) delivery, chemical management services (CMS), third-party logistics (3PL) or fourth-party logistics (4PL) programs and point-of-use inventory management. We supply over 550,000 active stock-keeping units (SKUs), including C-class hardware, chemicals, electronic components, bearings, tools and machined parts. In fiscal 2019, sales of hardware including bearings and other products represented 49.9% of our net sales, sales of chemicals represented 42.8% of our net sales and sales of electronic components represented 7.3% of our net sales. We serve our customers under both (1) long-term contractual arrangements (Contracts), which include JIT contracts that govern the provision of comprehensive outsourced supply chain management services and long-term agreements (LTAs) that typically set prices for specific products, and (2) ad hoc sales.

Founded in 1953 by the father of our current Chairman of the Board of Directors, we have grown to serve over 7,000 customers, which are primarily in the commercial, military and general aviation sectors, including the leading original equipment manufacturers (OEMs) and their subcontractors, through which we support nearly all major Western aircraft programs, and also sell products to airline-affiliated and independent maintenance, repair and overhaul (MRO) providers. We also service customers in the automotive, energy, health care, industrial, pharmaceutical and space sectors. We have approximately 3,300 employees and operate across 55 locations in 17 countries. The following charts illustrate the composition of our fiscal year 2019 net sales based on our sales data.

We offer more than 550,000 active SKUs, which fall into the following product categories during the year ended September 30, 2019 (dollars in thousands):


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Resideo Technologies (REZI) 1,661 25% 13.7 1% 5,133 3,560 4,950 1,228 61 203 2,782
Encore Wire (WIRE) 1,177 14% 9.7 8% 870 102 1,292 183 73 100 973
Matthews International (MATW) 1,128 35% 21.5 -2% 2,191 1,471 1,537 542 -38 95 2,033
Apogee Enterprises (APOG) 1,042 21% 12.0 4% 1,132 647 1,421 294 46 109 1,306
Kemet (KEM) 1,119 26% 6.1 11% 1,402 751 1,379 362 159 200 1,231
Varex Imaging (VREX) 1,105 44% 18.0 2% 1,039 580 578 257 16 82 1,474
Wesco Aircraft (WAIR) 1,101 24% 28.8 2% 1,795 1,081 1,696 403 32 64 1,849
Standard Motor Products (SMP) 1,096 29% 11.8 5% 921 427 1,144 331 50 92 1,082
MTS Systems (MTSC) 1,075 37% 17.5 3% 1,298 814 893 329 43 89 1,558
Tenneco (TEN) 1,047 0% 7.7 -1% 13,383 11,407 17,585 0 -91 793 6,128
MRC Global (MRC) 1,041 18% 14.2 3% 2,507 1,836 3,905 693 63 116 1,643
Accelerate Diagnostics (AXDX) 1,034 45% -15.4 -58% 147 137 8 3 -85 -72 1,112
Douglas Dynamics (PLOW) 1,033 30% 50.2 0% 767 467 563 167 0 25 1,270
Lindsay (LNN) 864 25% 24.2 1% 506 236 465 115 6 36 870
Mesa Laboratories (MLAB) 1,012 60% 79.1 0% 392 163 105 63 0 10 767
Omega Flex (OFLX) 996 63% 43.6 19% 93 23 110 70 18 22 971
PGT Innovations (PGTI) 991 36% 20.3 6% 922 496 760 270 51 64 1,289
Greenbrier Companies (GBX) 929 12% 2.4 4% 2,513 1,251 2,809 339 92 230 548
BlueLinx (BXC) 291 14% 13.8 -1% 1,073 1,093 2,024 274 -7 56 768

Balance Sheet ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash364645551646140546179564980105100102828386636577515457624236464625334538
Accounts Receivable10097100108116130130146146156159320299302286281272253238275261249247267264256254287302284297317333328
Inventory630672739752754801798802702724711714713752774803828856889893884913890880861
PP&E222117162044222121552848507948474688464849103505151116504846123444754148
Assets1,2841,3011,2991,3381,4671,5371,5311,5701,5831,6311,6502,3742,3922,4122,4232,3952,3702,0212,0302,0292,0001,9561,9582,0001,7741,7541,7581,8121,8301,7891,8131,8181,8361,795
Accounts Payable4653556867807388889994156144160175163157150166159170182173181176184162194193180185181216221
Long-Term Debt5845565315316266266156025785685681,1331,1281,1031,0881,0581,003953948923877842856817813876890892887855870858824787
Liabilities6796736466597657847667777547667541,4441,4251,4201,4201,3781,3221,2031,1951,1731,1371,0731,0681,0841,0861,1041,1061,1401,1481,0971,1151,1061,1101,081
Stockholders' Equity6286526787027537657938288658959319669921,0031,0181,048818834856863883890916688650652672682692698711726713
Income Statement ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue180181193182189212211226230234225327396408374386369370360377375366339365364362363390410407395426442432
Cost of Revenue111109119118122133137145148149147228274288262271259381263274276270250270274274269284306308297318337342
Gross Profit69737364677974818285789912212011211510969710299958995908794106104999810910690
R&D
SG&A375769727374735160615955636366687073757676798386
Tax1015151688914141513121614-10138-118899726-67481366235-72
Net Income1461214
Cash Flow ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating2351894282528-26-83651113834571145251-28-616-30-61737-32265637
Cash Investing2-1-5-133-1-1-1-6-2-562-5-3-2-2-2-5-1-4-4-3-1-3-3-2-1-2-1-2-2-6-8-5
Cash Financing-2669521-25-12-17-445631-25-15-30-55-51-5-23-44-3651140121-5-3414-13-35-40