T1 Energy Inc (TE) 10-Year Financial Performance & Capital Metrics

TE • • Industrial / General

IndustrialsElectrical EquipmentBattery Materials & ComponentsLithium-ion Battery Manufacturing

AboutT1 Energy Inc engages in the production and sale of battery cells for stationary energy storage, electric mobility, and marine applications in Europe and internationally. The company designs and manufactures lithium-ion based battery cell facilities. The company was founded in 2018 and is based in Luxembourg.Show more

Revenue $3M
EBITDA -$64M -2.6%
Net Income -$450M -525.7%
EPS (Diluted) -3.20 -527.5%
Gross Margin 41.74%
EBITDA Margin -2168.86%
Operating Margin -2524.24%
Net Margin -15300.88%
ROE -103.26% -872.3%
ROIC -8.85% +50.3%
Debt/Equity 3.01
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 97 (top 3%)

✗Weaknesses

✗High debt to equity ratio of 3.0x
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-50.52%

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-410.23%

EPS CAGR

10Y-

5Y-

3Y-

TTM-397.37%

ROCE

10Y Avg-45.42%

5Y Avg-96.8%

3Y Avg-11.99%

Latest-9.25%

Peer Comparison

Lithium-ion Battery Manufacturing

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ULBIUltralife Corporation	117.21M	7.04	18.53	3.66%	0.92%	1.25%	12.55%	0.44
CBATCBAK Energy Technology, Inc.	77.12M	0.87	6.69	-13.61%	-4.03%	-5.5%	29.2%	0.25
ENREnergizer Holdings, Inc.	1.46B	21.24	6.40	2.28%	8.09%	140.67%	4.34%	20.79
XPONExpion360 Inc.	8.88M	0.92	-0.04	-5.96%	-21.76%	-22.74%		0.41
DFLIDragonfly Energy Holdings Corp.	46.38M	3.84	-0.65	-21.35%	-60.13%	-438.89%
TET1 Energy Inc	1.57B	7.41	-2.32		-243.61%	-351.25%		3.01
FLUXFlux Power Holdings, Inc.	32.44M	1.52	-3.80	9.22%	-10.05%
MVSTMicrovast Holdings, Inc.	974.7M	2.97	-4.87	23.87%	-34.01%	-42.22%		0.85

Profit & Loss

	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	3B	2.85B	2.57B	2.74B	0	0	0	0	0	2.94M
Revenue Growth %	-0.1%	-0.05%	-0.1%	0.07%	-1%	-	-	-	-	-
Cost of Goods Sold+	155M	23.1M	4.3M	3.1M	0	15K	120K	478K	0	1.71M
COGS % of Revenue	0.05%	0.01%	0%	0%	-	-	-	-	-	0.58%
Gross Profit+	2.84B	2.83B	2.56B	2.74B	0	-15K	-120K	-478K	0	1.23M
Gross Margin %	0.95%	0.99%	1%	1%	-	-	-	-	-	0.42%
Gross Profit Growth %	-0.15%	-0%	-0.09%	0.07%	-1%	-	-7%	-2.98%	1%	-
Operating Expenses+	470.4M	536.9M	577.3M	635.9M	121.07K	8.92M	75.45M	120.45M	65.53M	75.49M
OpEx % of Revenue	0.16%	0.19%	0.22%	0.23%	-	-	-	-	-	25.66%
Selling, General & Admin	13.5M	27.2M	22.5M	69.4M	121.07K	7.04M	61.63M	106.88M	65.53M	75.49M
SG&A % of Revenue	0%	0.01%	0.01%	0.03%	-	-	-	-	-	25.66%
Research & Development	0	0	0	0	0	1.86M	13.82M	13.57M	28.46M	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	456.9M	509.7M	554.8M	566.5M	0	15K	0	0	-28.46M	0
Operating Income+	556.5M	463.7M	505.4M	562.1M	-121.07K	-8.92M	-75.57M	-120.93M	-65.53M	-74.26M
Operating Margin %	0.19%	0.16%	0.2%	0.2%	-	-	-	-	-	-25.24%
Operating Income Growth %	-0.1%	-0.17%	0.09%	0.11%	-1%	-72.7%	-7.47%	-0.6%	0.46%	-0.13%
EBITDA+	887.1M	793.2M	1.16B	1.26B	209.71K	-8.91M	-75.45M	-120.45M	-62.18M	-63.81M
EBITDA Margin %	0.3%	0.28%	0.45%	0.46%	-	-	-	-	-	-21.69%
EBITDA Growth %	-0.06%	-0.11%	0.47%	0.08%	-1%	-43.48%	-7.47%	-0.6%	0.48%	-0.03%
D&A (Non-Cash Add-back)	330.6M	329.5M	657.2M	699.2M	0	15K	120K	478K	3.34M	10.46M
EBIT	429.5M	473.6M	516.4M	582.9M	209.71K	-8.92M	-93.38M	-99.12M	-65.53M	-74.26M
Net Interest Income+	0	0	0	0	290.67K	-33K	314K	0	9.95M	3.39M
Interest Income	0	0	0	0	290.67K	20K	317K	1.78M	9.95M	3.39M
Interest Expense	183.5M	166.9M	171.1M	186.4M	0	53K	3K	1.78M	0	0
Other Income/Expense	-310.5M	-157M	-160.1M	-165.6M	330.78K	-682K	-17.81M	21.81M	47.32M	-6.14M
Pretax Income+	246M	306.7M	345.3M	396.5M	209.71K	-9.61M	-93.38M	-99.12M	-18.2M	-80.4M
Pretax Margin %	0.08%	0.11%	0.13%	0.14%	-	-	-	-	-	-27.33%
Income Tax+	137.8M	108.9M	138.9M	155.3M	0	0	0	0	443K	-15.76M
Effective Tax Rate %	0.86%	0.64%	0.38%	0.44%	1%	1%	1%	1%	3.95%	5.6%
Net Income+	212.7M	197.7M	130.4M	173.5M	209.71K	-9.61M	-93.38M	-98.79M	-71.94M	-450.15M
Net Margin %	0.07%	0.07%	0.05%	0.06%	-	-	-	-	-	-153.01%
Net Income Growth %	-0.22%	-0.07%	-0.34%	0.33%	-1%	-46.8%	-8.72%	-0.06%	0.27%	-5.26%
Net Income (Continuing)	212.7M	197.7M	130.4M	173.5M	209.71K	-9.61M	-93.38M	-99.12M	-18.65M	-64.64M
Discontinued Operations	0	0	0	0	0	0	0	0	-54.45M	-385.91M
Minority Interest	0	0	0	0	0	0	0	2.67M	1.52M	0
EPS (Diluted)+	0.99	0.92	0.58	0.74	0.01	-0.08	-1.24	-0.83	-0.51	-3.20
EPS Growth %	-0.22%	-0.07%	-0.37%	0.28%	-0.99%	-	-14.03%	0.33%	0.39%	-5.27%
EPS (Basic)	0.99	0.92	0.58	0.74	0.01	-0.08	-0.85	-0.83	-0.51	-3.20
Diluted Shares Outstanding	215M	215.5M	223.7M	234.5M	35.94M	116.44M	112.66M	118.47M	139.71M	140.54M
Basic Shares Outstanding	214.3M	215M	223.1M	233.1M	35.94M	116.44M	112.66M	118.47M	139.71M	140.54M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	856.8M	857.7M	755.6M	570.3M	455K	15.85M	582.79M	579.46M	311.95M	583.17M
Cash & Short-Term Investments	209.5M	194.9M	34.4M	33.8M	179K	14.75M	563.96M	563.04M	254.31M	72.64M
Cash Only	200.5M	185.2M	25.4M	23.8M	179K	14.75M	563.96M	563.04M	254.31M	72.64M
Short-Term Investments	9M	9.7M	9M	10M	0	0	0	0	0	0
Accounts Receivable	4.6M	1.3M	2.4M	2.3M	0	0	0	0	0	0
Days Sales Outstanding	0.56	0.17	0.34	0.31	-	-	-	-	-	-
Inventory	82.1M	290.5M	268.2M	303.6M	0	0	0	0	0	274.55M
Days Inventory Outstanding	193.33	4.59K	22.77K	35.75K	-	-	-	-	-	58.47K
Other Current Assets	560.6M	371M	450.6M	230.6M	261K	638K	2.95M	8.12M	57.65M	235.98M
Total Non-Current Assets+	6.5B	6.59B	7.97B	8.39B	19K	80K	44.24M	248.98M	420.95M	752.68M
Property, Plant & Equipment	5.99B	6.17B	7.09B	7.48B	19K	80K	21.06M	225.31M	1.75M	396.27M
Fixed Asset Turnover	0.50x	0.46x	0.36x	0.37x	-	-	-	-	-	0.01x
Goodwill	0	0	408.3M	408.4M	0	0	0	0	0	74.53M
Intangible Assets	0	0	0	0	0	0	0	2.96M	0	281.88M
Long-Term Investments	200K	300K	0	0	0	0	2.94M	19.95M	0	0
Other Non-Current Assets	446.1M	319.6M	401.3M	500.6M	0	0	20.24M	11K	418.48M	0
Total Assets+	7.36B	7.45B	8.73B	8.96B	474K	15.93M	627.03M	828.44M	732.9M	1.34B
Asset Turnover	0.41x	0.38x	0.29x	0.31x	-	-	-	-	-	0.00x
Asset Growth %	0%	0.01%	0.17%	0.03%	-1%	32.61%	38.36%	0.32%	-0.12%	0.82%
Total Current Liabilities+	602.2M	765.4M	1.1B	1.2B	1.25M	10.94M	25.8M	62.58M	49.18M	414.02M
Accounts Payable	232.8M	261.7M	288.6M	255.4M	764K	910K	3.81M	6.76M	7.92M	61.71M
Days Payables Outstanding	548.21	4.14K	24.5K	30.07K	-	22.14K	11.6K	5.17K	-	13.14K
Short-Term Debt	32.1M	83.3M	274.5M	333.3M	0	7.57M	0	3.26M	0	94.37M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	0	0	1000K	200K	0	1000K
Other Current Liabilities	274.3M	320.4M	462.8M	40M	0	0	14.13M	39.42M	34.01M	135.57M
Current Ratio	1.42x	1.12x	0.69x	0.48x	0.36x	1.45x	22.59x	9.26x	6.34x	1.41x
Quick Ratio	1.29x	0.74x	0.44x	0.22x	0.36x	1.45x	22.59x	9.26x	6.34x	0.75x
Cash Conversion Cycle	-354.31	455.23	-1.73K	5.68K	-	-	-	-	-	-
Total Non-Current Liabilities+	3.25B	4.35B	5.05B	2.24B	173K	38K	55.75M	45.73M	49M	684.68M
Long-Term Debt	2.97B	2.84B	3.35B	3.52B	80K	0	0	0	0	507.91M
Capital Lease Obligations	0	0	0	0	0	0	0	11.14M	0	101.79M
Deferred Tax Liabilities	277.9M	444M	519.2M	570.7M	0	0	0	739K	1.16M	21.23M
Other Non-Current Liabilities	0	1.07B	1.18B	-1.85B	93K	38K	55.75M	33.85M	47.84M	53.76M
Total Liabilities	5.06B	5.11B	6.15B	6.4B	1.42M	10.97M	81.55M	108.31M	98.19M	1.1B
Total Debt+	2.97B	2.92B	3.63B	3.85B	80K	7.57M	0	14.4M	0	713.38M
Net Debt	2.77B	2.74B	3.6B	3.83B	-99K	-7.17M	-563.96M	-548.64M	-254.31M	640.74M
Debt / Equity	1.30x	1.25x	1.41x	1.50x	-	1.53x	-	0.02x	-	3.01x
Debt / EBITDA	3.35x	3.68x	3.12x	3.05x	0.38x	-	-	-	-	-
Net Debt / EBITDA	3.13x	3.45x	3.10x	3.03x	-0.47x	-	-	-	-	-
Interest Coverage	3.03x	2.78x	2.95x	3.02x	-	-168.36x	-25190.33x	-67.94x	-	-
Total Equity+	2.29B	2.33B	2.57B	2.56B	-949K	4.96M	545.49M	720.13M	634.72M	237.14M
Equity Growth %	0.01%	0.02%	0.1%	-0.01%	-1%	6.22%	109.07%	0.32%	-0.12%	-0.63%
Book Value per Share	10.66	10.83	11.51	10.91	-0.03	0.04	4.84	6.08	4.54	1.69
Total Shareholders' Equity	2.29B	2.33B	2.57B	2.56B	-949K	4.96M	545.49M	717.46M	633.2M	237.14M
Common Stock	216.6M	217.3M	234.9M	235.3M	143K	0	116.85M	139.85M	1.4M	1.56M
Retained Earnings	541.7M	548.3M	479.6M	441.4M	-1.28M	-10.88M	-104.26M	-203.05M	-275M	-725.24M
Treasury Stock	0	0	0	0	0	0	0	-1.04M	0	0
Accumulated OCI	-31M	-13.2M	-15.7M	-12.2M	-4K	658K	-524K	9.09M	-37.65M	-58.98M
Minority Interest	0	0	0	0	0	0	0	2.67M	1.52M	0

Cash Flow

	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	756.7M	658.6M	664.8M	609.6M	-228.9K	-7.34M	-63.14M	-90.01M	-87.93M	-102.82M
Operating CF Margin %	0.25%	0.23%	0.26%	0.22%	-	-	-	-	-	-34.95%
Operating CF Growth %	0%	-0.13%	0.01%	-0.08%	-1%	-31.05%	-7.61%	-0.43%	0.02%	-0.17%
Net Income	212.7M	197.7M	130.4M	173.5M	209.71K	-9.61M	-93.38M	-99.12M	-73.1M	-450.55M
Depreciation & Amortization	330.6M	329.5M	657.2M	699.2M	0	15K	120K	478K	3.34M	10.46M
Stock-Based Compensation	0	0	0	0	0	535K	14.82M	8.64M	10.99M	7.75M
Deferred Taxes	-136.9M	-110.4M	-89.4M	-117.5M	0	1.2M	0	0	-9.4M	-22.16M
Other Non-Cash Items	-138.1M	390.6M	388.5M	127.4M	-330.78K	-454K	21.79M	-12.14M	-40.28M	352M
Working Capital Changes	476.4M	-162.3M	-434.6M	-286.1M	-107.83K	969K	-6.49M	12.13M	20.51M	-314K
Change in Receivables	37M	-4M	-36M	36M	0	0	0	0	0	0
Change in Inventory	-2.4M	1.1M	12.8M	-22.6M	0	0	0	0	0	-7.88M
Change in Payables	-1.3M	35.9M	23.4M	-61.6M	0	0	0	0	20.04M	10M
Cash from Investing+	-299.2M	-521.8M	-1.46B	-740M	-287.5M	-71K	-33.79M	-175.03M	-186.98M	-137.73M
Capital Expenditures	-505.1M	-532.4M	-714.3M	-739.7M	0	-71K	-13.78M	-180.79M	-187.82M	-50.83M
CapEx % of Revenue	0.17%	0.19%	0.28%	0.27%	-	-	-	-	-	17.28%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	205.9M	10.6M	2.8M	-300K	0	0	-20.01M	8.76M	2.5M	22.73M
Cash from Financing+	-301M	-152.1M	638.4M	128.8M	290.01M	20.46M	649M	250.07M	0	45.87M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-301M	-152.1M	638.4M	128.8M	0	-799K	641.5M	0	0	-4.13M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	251.6M	126.2M	-49.5M	-130.1M	-228.9K	-7.41M	-76.91M	-270.8M	-275.75M	-153.65M
FCF Margin %	0.08%	0.04%	-0.02%	-0.05%	-	-	-	-	-	-52.23%
FCF Growth %	-0.16%	-0.5%	-1.39%	-1.63%	1%	-31.36%	-9.38%	-2.52%	-0.02%	0.44%
FCF per Share	1.17	0.59	-0.22	-0.55	-0.01	-0.06	-0.68	-2.29	-1.97	-1.09
FCF Conversion (FCF/Net Income)	3.56x	3.33x	5.10x	3.51x	-1.09x	0.76x	0.68x	0.91x	1.22x	0.23x
Interest Paid	0	0	0	0	0	0	3K	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	269K	21K

Key Ratios

Metric	2012	2013	2014	2015	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.33%	8.55%	5.31%	6.76%	0.02%	-479.41%	-33.93%	-15.61%	-10.62%	-103.26%
Return on Invested Capital (ROIC)	8.06%	6.86%	6.74%	6.71%	-0%	-	-	-118.55%	-17.81%	-8.85%
Gross Margin	94.83%	99.19%	99.83%	99.89%	-	-	-	-	-	41.74%
Net Margin	7.1%	6.93%	5.08%	6.32%	-	-	-	-	-	-15300.88%
Debt / Equity	1.30x	1.25x	1.41x	1.50x	-	1.53x	-	0.02x	-	3.01x
Interest Coverage	3.03x	2.78x	2.95x	3.02x	-	-168.36x	-25190.33x	-67.94x	-	-
FCF Conversion	3.56x	3.33x	5.10x	3.51x	-1.09x	0.76x	0.68x	0.91x	1.22x	0.23x
Revenue Growth	-10.37%	-4.85%	-9.99%	6.9%	-100%	-	-	-	-	-

Revenue by Segment

	2011	2012	2013	2014	2015
External Customer	-	-	2.85B	2.57B	2.74B
External Customer Growth	-	-	-	-9.99%	6.90%
Peoples Gas	3M	2.3M	-	-	-
Peoples Gas Growth	-	-23.33%	-	-	-
Tampa Electric	1.3M	600K	-	-	-
Tampa Electric Growth	-	-53.85%	-	-	-
Teco Guatemala	-	-	-	-	-
Teco Guatemala Growth	-	-	-	-	-
Teco Coal	-	-	-	-	-
Teco Coal Growth	-	-	-	-	-
Other Eliminations	-4.3M	-2.9M	-	-	-
Other Eliminations Growth	-	32.56%	-	-	-

Frequently Asked Questions

Growth & Financials

T1 Energy Inc (TE) reported $224.4M in revenue for fiscal year 2024. This represents a 93% decrease from $3.38B in 2008.

T1 Energy Inc (TE) grew revenue by 0.0% over the past year. Growth has been modest.

T1 Energy Inc (TE) reported a net loss of $546.7M for fiscal year 2024.

Dividend & Returns

T1 Energy Inc (TE) has a return on equity (ROE) of -103.3%. Negative ROE indicates the company is unprofitable.

T1 Energy Inc (TE) had negative free cash flow of $54.7M in fiscal year 2024, likely due to heavy capital investments.

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T1 Energy Inc (TE) 10-Year Financial Performance & Capital Metrics

TE • • Industrial / General

IndustrialsElectrical EquipmentBattery Materials & ComponentsLithium-ion Battery Manufacturing

Revenue $3M
EBITDA -$64M -2.6%
Net Income -$450M -525.7%
EPS (Diluted) -3.20 -527.5%
Gross Margin 41.74%
EBITDA Margin -2168.86%
Operating Margin -2524.24%
Net Margin -15300.88%
ROE -103.26% -872.3%
ROIC -8.85% +50.3%
Debt/Equity 3.01
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 97 (top 3%)

✗Weaknesses

✗High debt to equity ratio of 3.0x
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-50.52%

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-410.23%

EPS CAGR

10Y-

5Y-

3Y-

TTM-397.37%

ROCE

10Y Avg-45.42%

5Y Avg-96.8%

3Y Avg-11.99%

Latest-9.25%

Peer Comparison

Lithium-ion Battery Manufacturing

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ULBIUltralife Corporation	117.21M	7.04	18.53	3.66%	0.92%	1.25%	12.55%	0.44
CBATCBAK Energy Technology, Inc.	77.12M	0.87	6.69	-13.61%	-4.03%	-5.5%	29.2%	0.25
ENREnergizer Holdings, Inc.	1.46B	21.24	6.40	2.28%	8.09%	140.67%	4.34%	20.79
XPONExpion360 Inc.	8.88M	0.92	-0.04	-5.96%	-21.76%	-22.74%		0.41
DFLIDragonfly Energy Holdings Corp.	46.38M	3.84	-0.65	-21.35%	-60.13%	-438.89%
TET1 Energy Inc	1.57B	7.41	-2.32		-243.61%	-351.25%		3.01
FLUXFlux Power Holdings, Inc.	32.44M	1.52	-3.80	9.22%	-10.05%
MVSTMicrovast Holdings, Inc.	974.7M	2.97	-4.87	23.87%	-34.01%	-42.22%		0.85

Profit & Loss

	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	3B	2.85B	2.57B	2.74B	0	0	0	0	0	2.94M
Revenue Growth %	-0.1%	-0.05%	-0.1%	0.07%	-1%	-	-	-	-	-
Cost of Goods Sold+	155M	23.1M	4.3M	3.1M	0	15K	120K	478K	0	1.71M
COGS % of Revenue	0.05%	0.01%	0%	0%	-	-	-	-	-	0.58%
Gross Profit+	2.84B	2.83B	2.56B	2.74B	0	-15K	-120K	-478K	0	1.23M
Gross Margin %	0.95%	0.99%	1%	1%	-	-	-	-	-	0.42%
Gross Profit Growth %	-0.15%	-0%	-0.09%	0.07%	-1%	-	-7%	-2.98%	1%	-
Operating Expenses+	470.4M	536.9M	577.3M	635.9M	121.07K	8.92M	75.45M	120.45M	65.53M	75.49M
OpEx % of Revenue	0.16%	0.19%	0.22%	0.23%	-	-	-	-	-	25.66%
Selling, General & Admin	13.5M	27.2M	22.5M	69.4M	121.07K	7.04M	61.63M	106.88M	65.53M	75.49M
SG&A % of Revenue	0%	0.01%	0.01%	0.03%	-	-	-	-	-	25.66%
Research & Development	0	0	0	0	0	1.86M	13.82M	13.57M	28.46M	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	456.9M	509.7M	554.8M	566.5M	0	15K	0	0	-28.46M	0
Operating Income+	556.5M	463.7M	505.4M	562.1M	-121.07K	-8.92M	-75.57M	-120.93M	-65.53M	-74.26M
Operating Margin %	0.19%	0.16%	0.2%	0.2%	-	-	-	-	-	-25.24%
Operating Income Growth %	-0.1%	-0.17%	0.09%	0.11%	-1%	-72.7%	-7.47%	-0.6%	0.46%	-0.13%
EBITDA+	887.1M	793.2M	1.16B	1.26B	209.71K	-8.91M	-75.45M	-120.45M	-62.18M	-63.81M
EBITDA Margin %	0.3%	0.28%	0.45%	0.46%	-	-	-	-	-	-21.69%
EBITDA Growth %	-0.06%	-0.11%	0.47%	0.08%	-1%	-43.48%	-7.47%	-0.6%	0.48%	-0.03%
D&A (Non-Cash Add-back)	330.6M	329.5M	657.2M	699.2M	0	15K	120K	478K	3.34M	10.46M
EBIT	429.5M	473.6M	516.4M	582.9M	209.71K	-8.92M	-93.38M	-99.12M	-65.53M	-74.26M
Net Interest Income+	0	0	0	0	290.67K	-33K	314K	0	9.95M	3.39M
Interest Income	0	0	0	0	290.67K	20K	317K	1.78M	9.95M	3.39M
Interest Expense	183.5M	166.9M	171.1M	186.4M	0	53K	3K	1.78M	0	0
Other Income/Expense	-310.5M	-157M	-160.1M	-165.6M	330.78K	-682K	-17.81M	21.81M	47.32M	-6.14M
Pretax Income+	246M	306.7M	345.3M	396.5M	209.71K	-9.61M	-93.38M	-99.12M	-18.2M	-80.4M
Pretax Margin %	0.08%	0.11%	0.13%	0.14%	-	-	-	-	-	-27.33%
Income Tax+	137.8M	108.9M	138.9M	155.3M	0	0	0	0	443K	-15.76M
Effective Tax Rate %	0.86%	0.64%	0.38%	0.44%	1%	1%	1%	1%	3.95%	5.6%
Net Income+	212.7M	197.7M	130.4M	173.5M	209.71K	-9.61M	-93.38M	-98.79M	-71.94M	-450.15M
Net Margin %	0.07%	0.07%	0.05%	0.06%	-	-	-	-	-	-153.01%
Net Income Growth %	-0.22%	-0.07%	-0.34%	0.33%	-1%	-46.8%	-8.72%	-0.06%	0.27%	-5.26%
Net Income (Continuing)	212.7M	197.7M	130.4M	173.5M	209.71K	-9.61M	-93.38M	-99.12M	-18.65M	-64.64M
Discontinued Operations	0	0	0	0	0	0	0	0	-54.45M	-385.91M
Minority Interest	0	0	0	0	0	0	0	2.67M	1.52M	0
EPS (Diluted)+	0.99	0.92	0.58	0.74	0.01	-0.08	-1.24	-0.83	-0.51	-3.20
EPS Growth %	-0.22%	-0.07%	-0.37%	0.28%	-0.99%	-	-14.03%	0.33%	0.39%	-5.27%
EPS (Basic)	0.99	0.92	0.58	0.74	0.01	-0.08	-0.85	-0.83	-0.51	-3.20
Diluted Shares Outstanding	215M	215.5M	223.7M	234.5M	35.94M	116.44M	112.66M	118.47M	139.71M	140.54M
Basic Shares Outstanding	214.3M	215M	223.1M	233.1M	35.94M	116.44M	112.66M	118.47M	139.71M	140.54M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	856.8M	857.7M	755.6M	570.3M	455K	15.85M	582.79M	579.46M	311.95M	583.17M
Cash & Short-Term Investments	209.5M	194.9M	34.4M	33.8M	179K	14.75M	563.96M	563.04M	254.31M	72.64M
Cash Only	200.5M	185.2M	25.4M	23.8M	179K	14.75M	563.96M	563.04M	254.31M	72.64M
Short-Term Investments	9M	9.7M	9M	10M	0	0	0	0	0	0
Accounts Receivable	4.6M	1.3M	2.4M	2.3M	0	0	0	0	0	0
Days Sales Outstanding	0.56	0.17	0.34	0.31	-	-	-	-	-	-
Inventory	82.1M	290.5M	268.2M	303.6M	0	0	0	0	0	274.55M
Days Inventory Outstanding	193.33	4.59K	22.77K	35.75K	-	-	-	-	-	58.47K
Other Current Assets	560.6M	371M	450.6M	230.6M	261K	638K	2.95M	8.12M	57.65M	235.98M
Total Non-Current Assets+	6.5B	6.59B	7.97B	8.39B	19K	80K	44.24M	248.98M	420.95M	752.68M
Property, Plant & Equipment	5.99B	6.17B	7.09B	7.48B	19K	80K	21.06M	225.31M	1.75M	396.27M
Fixed Asset Turnover	0.50x	0.46x	0.36x	0.37x	-	-	-	-	-	0.01x
Goodwill	0	0	408.3M	408.4M	0	0	0	0	0	74.53M
Intangible Assets	0	0	0	0	0	0	0	2.96M	0	281.88M
Long-Term Investments	200K	300K	0	0	0	0	2.94M	19.95M	0	0
Other Non-Current Assets	446.1M	319.6M	401.3M	500.6M	0	0	20.24M	11K	418.48M	0
Total Assets+	7.36B	7.45B	8.73B	8.96B	474K	15.93M	627.03M	828.44M	732.9M	1.34B
Asset Turnover	0.41x	0.38x	0.29x	0.31x	-	-	-	-	-	0.00x
Asset Growth %	0%	0.01%	0.17%	0.03%	-1%	32.61%	38.36%	0.32%	-0.12%	0.82%
Total Current Liabilities+	602.2M	765.4M	1.1B	1.2B	1.25M	10.94M	25.8M	62.58M	49.18M	414.02M
Accounts Payable	232.8M	261.7M	288.6M	255.4M	764K	910K	3.81M	6.76M	7.92M	61.71M
Days Payables Outstanding	548.21	4.14K	24.5K	30.07K	-	22.14K	11.6K	5.17K	-	13.14K
Short-Term Debt	32.1M	83.3M	274.5M	333.3M	0	7.57M	0	3.26M	0	94.37M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	0	0	1000K	200K	0	1000K
Other Current Liabilities	274.3M	320.4M	462.8M	40M	0	0	14.13M	39.42M	34.01M	135.57M
Current Ratio	1.42x	1.12x	0.69x	0.48x	0.36x	1.45x	22.59x	9.26x	6.34x	1.41x
Quick Ratio	1.29x	0.74x	0.44x	0.22x	0.36x	1.45x	22.59x	9.26x	6.34x	0.75x
Cash Conversion Cycle	-354.31	455.23	-1.73K	5.68K	-	-	-	-	-	-
Total Non-Current Liabilities+	3.25B	4.35B	5.05B	2.24B	173K	38K	55.75M	45.73M	49M	684.68M
Long-Term Debt	2.97B	2.84B	3.35B	3.52B	80K	0	0	0	0	507.91M
Capital Lease Obligations	0	0	0	0	0	0	0	11.14M	0	101.79M
Deferred Tax Liabilities	277.9M	444M	519.2M	570.7M	0	0	0	739K	1.16M	21.23M
Other Non-Current Liabilities	0	1.07B	1.18B	-1.85B	93K	38K	55.75M	33.85M	47.84M	53.76M
Total Liabilities	5.06B	5.11B	6.15B	6.4B	1.42M	10.97M	81.55M	108.31M	98.19M	1.1B
Total Debt+	2.97B	2.92B	3.63B	3.85B	80K	7.57M	0	14.4M	0	713.38M
Net Debt	2.77B	2.74B	3.6B	3.83B	-99K	-7.17M	-563.96M	-548.64M	-254.31M	640.74M
Debt / Equity	1.30x	1.25x	1.41x	1.50x	-	1.53x	-	0.02x	-	3.01x
Debt / EBITDA	3.35x	3.68x	3.12x	3.05x	0.38x	-	-	-	-	-
Net Debt / EBITDA	3.13x	3.45x	3.10x	3.03x	-0.47x	-	-	-	-	-
Interest Coverage	3.03x	2.78x	2.95x	3.02x	-	-168.36x	-25190.33x	-67.94x	-	-
Total Equity+	2.29B	2.33B	2.57B	2.56B	-949K	4.96M	545.49M	720.13M	634.72M	237.14M
Equity Growth %	0.01%	0.02%	0.1%	-0.01%	-1%	6.22%	109.07%	0.32%	-0.12%	-0.63%
Book Value per Share	10.66	10.83	11.51	10.91	-0.03	0.04	4.84	6.08	4.54	1.69
Total Shareholders' Equity	2.29B	2.33B	2.57B	2.56B	-949K	4.96M	545.49M	717.46M	633.2M	237.14M
Common Stock	216.6M	217.3M	234.9M	235.3M	143K	0	116.85M	139.85M	1.4M	1.56M
Retained Earnings	541.7M	548.3M	479.6M	441.4M	-1.28M	-10.88M	-104.26M	-203.05M	-275M	-725.24M
Treasury Stock	0	0	0	0	0	0	0	-1.04M	0	0
Accumulated OCI	-31M	-13.2M	-15.7M	-12.2M	-4K	658K	-524K	9.09M	-37.65M	-58.98M
Minority Interest	0	0	0	0	0	0	0	2.67M	1.52M	0

Cash Flow

	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	756.7M	658.6M	664.8M	609.6M	-228.9K	-7.34M	-63.14M	-90.01M	-87.93M	-102.82M
Operating CF Margin %	0.25%	0.23%	0.26%	0.22%	-	-	-	-	-	-34.95%
Operating CF Growth %	0%	-0.13%	0.01%	-0.08%	-1%	-31.05%	-7.61%	-0.43%	0.02%	-0.17%
Net Income	212.7M	197.7M	130.4M	173.5M	209.71K	-9.61M	-93.38M	-99.12M	-73.1M	-450.55M
Depreciation & Amortization	330.6M	329.5M	657.2M	699.2M	0	15K	120K	478K	3.34M	10.46M
Stock-Based Compensation	0	0	0	0	0	535K	14.82M	8.64M	10.99M	7.75M
Deferred Taxes	-136.9M	-110.4M	-89.4M	-117.5M	0	1.2M	0	0	-9.4M	-22.16M
Other Non-Cash Items	-138.1M	390.6M	388.5M	127.4M	-330.78K	-454K	21.79M	-12.14M	-40.28M	352M
Working Capital Changes	476.4M	-162.3M	-434.6M	-286.1M	-107.83K	969K	-6.49M	12.13M	20.51M	-314K
Change in Receivables	37M	-4M	-36M	36M	0	0	0	0	0	0
Change in Inventory	-2.4M	1.1M	12.8M	-22.6M	0	0	0	0	0	-7.88M
Change in Payables	-1.3M	35.9M	23.4M	-61.6M	0	0	0	0	20.04M	10M
Cash from Investing+	-299.2M	-521.8M	-1.46B	-740M	-287.5M	-71K	-33.79M	-175.03M	-186.98M	-137.73M
Capital Expenditures	-505.1M	-532.4M	-714.3M	-739.7M	0	-71K	-13.78M	-180.79M	-187.82M	-50.83M
CapEx % of Revenue	0.17%	0.19%	0.28%	0.27%	-	-	-	-	-	17.28%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	205.9M	10.6M	2.8M	-300K	0	0	-20.01M	8.76M	2.5M	22.73M
Cash from Financing+	-301M	-152.1M	638.4M	128.8M	290.01M	20.46M	649M	250.07M	0	45.87M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-301M	-152.1M	638.4M	128.8M	0	-799K	641.5M	0	0	-4.13M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	251.6M	126.2M	-49.5M	-130.1M	-228.9K	-7.41M	-76.91M	-270.8M	-275.75M	-153.65M
FCF Margin %	0.08%	0.04%	-0.02%	-0.05%	-	-	-	-	-	-52.23%
FCF Growth %	-0.16%	-0.5%	-1.39%	-1.63%	1%	-31.36%	-9.38%	-2.52%	-0.02%	0.44%
FCF per Share	1.17	0.59	-0.22	-0.55	-0.01	-0.06	-0.68	-2.29	-1.97	-1.09
FCF Conversion (FCF/Net Income)	3.56x	3.33x	5.10x	3.51x	-1.09x	0.76x	0.68x	0.91x	1.22x	0.23x
Interest Paid	0	0	0	0	0	0	3K	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	269K	21K

Key Ratios

Metric	2012	2013	2014	2015	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.33%	8.55%	5.31%	6.76%	0.02%	-479.41%	-33.93%	-15.61%	-10.62%	-103.26%
Return on Invested Capital (ROIC)	8.06%	6.86%	6.74%	6.71%	-0%	-	-	-118.55%	-17.81%	-8.85%
Gross Margin	94.83%	99.19%	99.83%	99.89%	-	-	-	-	-	41.74%
Net Margin	7.1%	6.93%	5.08%	6.32%	-	-	-	-	-	-15300.88%
Debt / Equity	1.30x	1.25x	1.41x	1.50x	-	1.53x	-	0.02x	-	3.01x
Interest Coverage	3.03x	2.78x	2.95x	3.02x	-	-168.36x	-25190.33x	-67.94x	-	-
FCF Conversion	3.56x	3.33x	5.10x	3.51x	-1.09x	0.76x	0.68x	0.91x	1.22x	0.23x
Revenue Growth	-10.37%	-4.85%	-9.99%	6.9%	-100%	-	-	-	-	-

Revenue by Segment

	2011	2012	2013	2014	2015
External Customer	-	-	2.85B	2.57B	2.74B
External Customer Growth	-	-	-	-9.99%	6.90%
Peoples Gas	3M	2.3M	-	-	-
Peoples Gas Growth	-	-23.33%	-	-	-
Tampa Electric	1.3M	600K	-	-	-
Tampa Electric Growth	-	-53.85%	-	-	-
Teco Guatemala	-	-	-	-	-
Teco Guatemala Growth	-	-	-	-	-
Teco Coal	-	-	-	-	-
Teco Coal Growth	-	-	-	-	-
Other Eliminations	-4.3M	-2.9M	-	-	-
Other Eliminations Growth	-	32.56%	-	-	-

Frequently Asked Questions

Growth & Financials

T1 Energy Inc (TE) reported $224.4M in revenue for fiscal year 2024. This represents a 93% decrease from $3.38B in 2008.

T1 Energy Inc (TE) grew revenue by 0.0% over the past year. Growth has been modest.

T1 Energy Inc (TE) reported a net loss of $546.7M for fiscal year 2024.

Dividend & Returns

T1 Energy Inc (TE) has a return on equity (ROE) of -103.3%. Negative ROE indicates the company is unprofitable.

T1 Energy Inc (TE) had negative free cash flow of $54.7M in fiscal year 2024, likely due to heavy capital investments.