Cerner Corp. designs, develops, markets, installs, hosts and supports health care information technology, health care devices, hardware and content solutions for health care organizations and consumers. The company also provides value-added services, including implementation & training, remote hosting, operational management services, revenue cycle services, support and maintenance, health care data analysis, clinical process optimization, transaction processing, employer health centers, employee wellness programs and third party administrator services for employer-based health plans. It operates through the following segments: Domestic and International. The Domestic segment includes revenue contributions and expenditures associated with business activity in the United States. The International segment includes revenue contributions and expenditures linked to business activity in Aruba, Australia, Austria, the Bahamas, Belgium, Bermuda, Brazil, Canada, Cayman Islands, Chile, Denmark, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Kuwait, Luxembourg, Malaysia, Mexico, Netherlands, Norway, Portugal, Qatar, Romania, Saudi Arabia, Singapore, Slovakia, Spain, Sweden, Switzerland and the United Arab Emirates. The company was founded by Neal L. Patterson, Clifford W. Illig and Paul N. Gorup in 1979 and is headquartered in North Kansas City, MO.
Highlights
CERN's quick ratio is down by 24% year-on-year but it is up by 6% since the previous quarter
The equity has decreased by 15% YoY but it has increased by 4% QoQ
The price to earnings (P/E) is 33% higher than the 5-year quarterly average of 33.0 and 4.7% higher than the last 4 quarters average of 41.8
CERN's debt is up by 29% YoY
Key stats
What are the main financial stats of CERN
Market
Shares outstanding
305.38M
Market cap
$22.32B
Enterprise value
$23.39B
Valuations
Price to earnings (P/E)
43.76
Price to book (P/B)
5.54
Price to sales (P/S)
3.97
EV/EBIT
36.01
EV/EBITDA
17.39
EV/Sales
4.17
Earnings
Revenue
$5.61B
EBIT
$649.51M
EBITDA
$1.34B
Free cash flow
$690.82M
Per share
EPS
$1.67
Free cash flow per share
$2.27
Book value per share
$13.2
Revenue per share
$18.42
TBVPS
$15.25
Balance sheet
Total assets
$6.88B
Total liabilities
$2.86B
Debt
$1.34B
Equity
$4.02B
Working capital
$1.05B
Liquidity
Debt to equity
0.33
Current ratio
2.04
Quick ratio
1.61
Net debt/EBITDA
0.79
Margins
EBITDA margin
24%
Gross margin
81.9%
Net margin
9.2%
Operating margin
10.6%
Efficiency
Return on assets
7.6%
Return on equity
12.5%
Return on invested capital
14.5%
Return on capital employed
11.1%
Return on sales
11.6%
Dividend
Dividend yield
0.99%
DPS
$0.72
Payout ratio
43.1%
CERN stock price
How has the CERNER stock price performed over time
Financial performance
How have CERNER's revenue and profit performed over time
Revenue
$5.61B
Gross profit
$4.6B
Operating income
$596.88M
Net income
$518.17M
Gross margin
81.9%
Net margin
9.2%
The operating margin has declined by 17% year-on-year but it has increased by 3.9% since the previous quarter
The company's operating income fell by 15% YoY but it rose by 2.7% QoQ
CERN's net margin is down by 14% YoY but it is up by 3.4% from the previous quarter
CERN's net income is down by 13% year-on-year
Valuation
What is CERNER stock price valuation
P/E
43.76
P/B
5.54
P/S
3.97
EV/EBIT
36.01
EV/EBITDA
17.39
EV/Sales
4.17
The price to earnings (P/E) is 33% higher than the 5-year quarterly average of 33.0 and 4.7% higher than the last 4 quarters average of 41.8
CERNER's EPS has decreased by 8% YoY but it has increased by 2.5% from the previous quarter
The P/B is 18% higher than the 5-year quarterly average of 4.7 and 9% higher than the last 4 quarters average of 5.1
The equity has decreased by 15% YoY but it has increased by 4% QoQ
The price to sales (P/S) is 4.5% higher than the last 4 quarters average of 3.8
Efficiency
How efficient is CERNER business performance
The company's return on invested capital fell by 24% YoY
CERNER's ROS has decreased by 14% YoY but it has increased by 4.5% from the previous quarter
The ROA fell by 12% YoY but it rose by 4.1% QoQ
The company's return on equity rose by 6% QoQ and by 4.2% YoY
Dividends
What is CERN's dividend history
DPS
$0.72
Dividend yield
0.99%
Payout ratio
43.1%
Recent dividends
Financial health
How did CERNER financials performed over time
CERNER's total assets is 140% more than its total liabilities
CERN's quick ratio is down by 24% year-on-year but it is up by 6% since the previous quarter
The current ratio has contracted by 19% YoY but it has grown by 6% from the previous quarter
CERN's debt is 67% less than its equity
The debt to equity has soared by 50% YoY but it has decreased by 6% from the previous quarter
The equity has decreased by 15% YoY but it has increased by 4% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.