BIO-TECHNE Corp financial data

Symbol
TECH on Nasdaq
Industry
Biological Products, (No Diagnostic Substances)
Location
614 Mckinley Pl N E, Minneapolis, Minnesota
State of incorporation
Minnesota
Fiscal year end
June 30
Former names
TECHNE CORP /MN/ (to 10/28/2014)
Latest financial report
Q1 2024 - May 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 446 % +13.4%
Quick Ratio 133 % +24.6%
Return On Equity 10.2 % -32.4%
Return On Assets 7.49 % -33.7%
Operating Margin 22.1 % -12.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 158 M shares +0.09%
Common Stock, Shares, Outstanding 158 M shares +0.14%
Entity Public Float 13 B USD -36%
Common Stock, Value, Issued 1.58 M USD +0.19%
Weighted Average Number of Shares Outstanding, Basic 157 M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 160 M shares -0.69%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.15 B USD +2.73%
Operating Income (Loss) 255 M USD -10.4%
Nonoperating Income (Expense) -23 M USD -152%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 232 M USD -29.5%
Income Tax Expense (Benefit) 29.3 M USD -49%
Net Income (Loss) Attributable to Parent 203 M USD -25.2%
Earnings Per Share, Basic 1.27 USD/shares +226%
Earnings Per Share, Diluted 1.26 USD/shares +215%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 140 M USD +9.93%
Accounts Receivable, after Allowance for Credit Loss, Current 228 M USD +5.3%
Inventory, Net 179 M USD +5.92%
Other Assets, Current 31.3 M USD +12.1%
Assets, Current 611 M USD +6.95%
Property, Plant and Equipment, Net 244 M USD +9.02%
Operating Lease, Right-of-Use Asset 97.3 M USD -0.73%
Intangible Assets, Net (Excluding Goodwill) 526 M USD -4.85%
Goodwill 971 M USD +11.5%
Other Assets, Noncurrent 272 M USD -3.96%
Assets 2.72 B USD +4.67%
Accounts Payable, Current 28.9 M USD +6.55%
Employee-related Liabilities, Current 44.3 M USD +15%
Accrued Liabilities, Current 17.8 M USD +13.8%
Contract with Customer, Liability, Current 30.1 M USD +21%
Liabilities, Current 150 M USD +6.13%
Long-term Debt and Lease Obligation 389 M USD +5.14%
Deferred Income Tax Liabilities, Net 63.7 M USD -32.7%
Operating Lease, Liability, Noncurrent 92.8 M USD -0.55%
Other Liabilities, Noncurrent 11.6 M USD +5.32%
Accumulated Other Comprehensive Income (Loss), Net of Tax -75.3 M USD -2.39%
Retained Earnings (Accumulated Deficit) 1.3 B USD +4.1%
Stockholders' Equity Attributable to Parent 2.01 B USD +6.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.01 B USD +6.6%
Liabilities and Equity 2.72 B USD +4.67%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 59.4 M USD +5.89%
Net Cash Provided by (Used in) Financing Activities 71.5 M USD
Net Cash Provided by (Used in) Investing Activities -154 M USD -683%
Common Stock, Shares Authorized 400 M shares 0%
Common Stock, Shares, Issued 158 M shares +0.14%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -31.9 M USD -336%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.51 M USD +32.2%
Deferred Tax Assets, Valuation Allowance 9.34 M USD -1.29%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 106 M USD +1.67%
Payments to Acquire Property, Plant, and Equipment 13.6 M USD +42.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 201 M USD -20.4%
Lessee, Operating Lease, Liability, to be Paid 128 M USD -1.54%
Property, Plant and Equipment, Gross 496 M USD +9.17%
Operating Lease, Liability, Current 13 M USD +21%
Lessee, Operating Lease, Liability, to be Paid, Year Two 16.6 M USD +27.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 16.5 M USD +22.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) 4.15 M USD +5.71%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 22 M USD -14.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 13.8 M USD +3.8%
Deferred Tax Assets, Operating Loss Carryforwards 20.3 M USD -27.3%
Deferred Federal Income Tax Expense (Benefit) -28.8 M USD -455%
Current Income Tax Expense (Benefit) 83 M USD +166%
Unrecognized Tax Benefits 5.29 M USD -0.21%
Lessee, Operating Lease, Liability, to be Paid, Year Four 13.7 M USD +17.1%
Operating Lease, Payments 3.88 M USD +6.12%
Current State and Local Tax Expense (Benefit) 12.8 M USD +91.4%
Current Federal Tax Expense (Benefit) 59.8 M USD +493%
Amortization of Intangible Assets 20.2 M USD +3.73%
Depreciation, Depletion and Amortization 28.5 M USD +7.13%
Deferred Tax Assets, Net of Valuation Allowance 95 M USD +24.7%
Share-based Payment Arrangement, Expense 41.2 M USD -11.2%
Deferred State and Local Income Tax Expense (Benefit) -2.41 M USD -263%
Interest Expense 16.9 M USD +69%