Sensient Technologies (SXT) Q4 2024 Earnings Report

Comprehensive analysis of Sensient Technologies's financial performance for Q4 2024 with historical comparisons and future outlook.

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Sensient Technologies [SXT] 1.15% $ 93.73
Exchange: NYSE Sector: Basic Materials Industry: Chemicals Specialty

Q4 2024 Report Published: Feb 19, 2025

Earnings Highlights

  • Revenue of $376.42M up 7.8% year-over-year
  • EPS of $0.71 increased by 607.1% from previous year
  • Gross margin of 31.7%
  • Net income of 30.10M
  • ""Our performance is a direct result of our continued focus on sales execution, customer service, and commercialization of new technologies." - Paul Manning, CEO" - Paul Manning

Sensient Technologies Corporation (SXT) Q4 2024 Financial Results: Strong Performance Amid Strategic Growth

Executive Summary

Sensient Technologies Corporation (SXT) reported a strong performance in Q4 2024, achieving a local currency revenue growth of 8.9%, alongside an 18.8% growth in adjusted EBITDA. For the full year, the company generated 7.4% growth in local currency revenue and 8.3% in adjusted EBITDA. Key drivers included robust sales execution and a significant push towards natural colors in response to market shifts. Management anticipates continued growth in 2025, particularly within the Color Group and Asia Pacific segments, forecasting mid-single-digit local currency revenue growth driven by ongoing innovation and customer service enhancements. The company's confidence in its strategic initiatives positions it favorably against industry competitors.

Key Performance Indicators

Revenue

376.42M
QoQ: -4.12% | YoY:7.76%

Gross Profit

119.42M
31.72% margin
QoQ: -8.42% | YoY:19.62%

Operating Income

42.00M
QoQ: -16.87% | YoY:420.85%

Net Income

30.10M
QoQ: -7.91% | YoY:616.10%

EPS

0.71
QoQ: -8.97% | YoY:607.14%

Revenue Trend

Margin Analysis

Key Insights

  • **Revenue:** $376.4 million (up 8.9% YoY, down 4.12% QoQ)
  • **Operating Income:** $42.0 million (compared to $8.1 million in Q4 2023)
  • **Net Income:** $30.1 million (up 616.1% YoY)
  • **EPS:** $0.71 (up 607.1% YoY)
  • **Adjusted EBITDA margin:** 18.8% growth reflecting operational efficiencies.
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Historical Earnings Comparison

Period Revenue ($M) EPS ($) YoY Growth Report
Q1 2025 0.39 0.81 -99.9% View
Q4 2024 376.42 0.71 +7.8% View
Q3 2024 392.61 0.77 +7.9% View
Q2 2024 403.53 0.73 +7.8% View
Q1 2024 384.67 0.73 +4.2% View