Macquarie Infrastructure Corporation (MIC)
Stock Price Chart
Key Info
| Market Cap | 2.69B |
| Revenue (ttm) | 1.51B |
| Net Income (ttm) | 78.00M |
| Shares Out | 87.02M |
| EPS (ttm) | 0.90 |
| PE Ratio | 34.38 |
| Forward PE | n/a |
| Dividend | $4.00 |
| Dividend Yield | 12.93% |
Stock Quote
| Trading Day | Aug 14, 2020 |
| Last Price | $30.94 |
| Previous Close | $30.91 |
| Change ($) | 0.03 |
| Change (%) | 0.10% |
| Day's Open | 30.72 |
| Day's Range | 30.42 - 31.36 |
| Day's Volume | 480,010 |
| 52-Week Range | 12.50 - 45.93 |
More Stats
| Market Cap | 2.69B |
| Enterprise Value | 5.41B |
| Earnings Date (est) | Oct 28, 2020 |
| Ex-Dividend Date | n/a |
| Shares Outstanding | 87.02M |
| Float | 73.02M |
| EPS (basic) | 0.91 |
| EPS (diluted) | 0.90 |
| FCF / Share | 0.59 |
| Dividend | $4.00 |
| Dividend Yield | 12.93% |
| Earnings Yield | 2.91% |
| FCF Yield | 1.89% |
| Payout Ratio | n/a |
| Shares Short | 2.00M |
| Short Ratio | 3.59 |
| Short % of Float | 3.35% |
| Beta | 1.50 |
| PE Ratio | 34.38 |
| Forward PE | n/a |
| P/FCF Ratio | 52.79 |
| PS Ratio | 1.79 |
| PB Ratio | 0.97 |
| Revenue | 1.51B |
| Operating Income | 190.00M |
| Net Income | 78.00M |
| Free Cash Flow | 51.00M |
| Net Cash | -2.71B |
| Net Cash / Share | -31.18 |
| Gross Margin | 60.36% |
| Operating Margin | 12.62% |
| Profit Margin | 5.20% |
| FCF Margin | 3.39% |
| ROA | 2.07% |
| ROE | 1.18% |
| ROIC | n/a |
Analyst Summary
Analyst Consensus: Hold
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,727 | 1,761 | 1,669 | 1,502 | 1,639 | 1,351 | 1,041 | 1,034 | 989 | 841 |
| Revenue Growth | -1.93% | 5.51% | 11.12% | -8.37% | 21.34% | 29.77% | 0.67% | 4.58% | 17.6% | - |
| Gross Profit | 909 | 870 | 901 | 858 | 919 | 611 | 421 | 397 | 383 | 370 |
| Operating Income | 289 | 234 | 282 | 276 | -57.23 | 36.86 | 45.64 | 29.53 | 87.18 | 76.10 |
| Net Income | 156 | 137 | 451 | 156 | -109 | 1,042 | 31.25 | 13.32 | 27.34 | 90.67 |
| Shares Outstanding | 86.18 | 85.23 | 83.20 | 80.89 | 78.00 | 62.99 | 51.38 | 46.64 | 46.00 | 45.55 |
| Earnings Per Share | 1.82 | 1.60 | 5.13 | 1.85 | -1.39 | 16.10 | 0.61 | 0.29 | 0.59 | 1.99 |
| EPS Growth | 13.75% | -68.81% | 177.3% | - | - | 2539.34% | 110.34% | -50.85% | -70.35% | - |
| Dividend Per Share | 4.00 | 4.44 | 4.43 | 4.89 | 4.33 | 3.78 | 2.45 | 2.40 | 0.60 | - |
| Dividend Growth | -9.91% | 0.23% | -9.41% | 12.93% | 14.64% | 54.48% | 1.75% | 300.5% | - | - |
| Operating Cash Flow | 420 | 519 | 529 | 560 | 381 | 252 | 155 | 218 | 91.04 | 85.85 |
| Capital Expenditures | -260 | -177 | -214 | -257 | -194 | -124 | -111 | -39.29 | -33.76 | -22.69 |
| Free Cash Flow | 160 | 342 | 315 | 303 | 187 | 128 | 43.91 | 179 | 57.28 | 63.16 |
| Cash & Equivalents | 358 | 612 | 68.10 | 66.70 | 41.34 | 69.30 | 285 | 156 | 35.56 | 38.34 |
| Total Debt | 3,006 | 3,014 | 3,013 | 3,095 | 2,822 | 2,452 | 1,010 | 1,176 | 1,179 | 1,236 |
| Net Cash / Debt | -2,648 | -2,402 | -2,945 | -3,029 | -2,781 | -2,383 | -725 | -1,020 | -1,144 | -1,197 |
| Assets | 6,861 | 7,444 | 8,009 | 7,559 | 7,309 | 6,625 | 2,501 | 2,224 | 2,169 | 2,197 |
| Liabilities | 4,050 | 4,327 | 4,658 | 4,412 | 4,106 | 3,655 | 1,348 | 1,526 | 1,475 | 1,510 |
| Book Value | 2,802 | 2,965 | 3,154 | 2,953 | 3,030 | 2,787 | 1,042 | 655 | 704 | 691 |
Company Profile
Company Details
| Full Name | Macquarie Infrastructure Corporation |
| Country | United States |
| Employees | 3,379 |
| CEO | Christopher Timothy Frost |
Stock Information
| Ticker Symbol | MIC |
| Stock Exchange | New York Stock Exchange |
| Sector | Industrials |
| Industry | Airports & Air Services |
| Unique Identifier | NYSE: MIC |
| IPO Date | December 16, 2004 |
Description
Macquarie Infrastructure Corporation owns and operates a portfolio of infrastructure and infrastructure-like businesses that provide services to corporations, government agencies and individual customers primarily in the United States. It operates through: International-Matex Tank Terminals (IMTT), Atlantic Aviation, and MIC Hawaii segments. The IMTT segment offers bulk liquid storage, handling, and other services for petroleum products, various commodity and specialty chemicals, renewable fuels, and vegetable and tropical oils through a network of 19 terminals, including 17 in the United States and 2 in Canada. The Atlantic Aviation segment offers fuel delivery, de-icing, aircraft parking and hangar rental, and aircraft cleaning and catering services to owners/operators of jet aircraft, as well as for commercial, military, freight, and government aviation customers. The MIC Hawaii segment processes, distributes, and sells synthetic and renewable natural gas; and distributes and sells liquefied natural gas to industrial, commercial, residential, hospitality, military, public sector, and wholesale users. This segment's products are used in various applications, such as water heating, drying, cooking, emergency power generation, and other uses. The company was founded in 2004 and is headquartered in New York, New York.