$3.17B Market Cap.
VRN Market Cap. (MRY)
VRN Shares Outstanding (MRY)
VRN Assets (MRY)
Total Assets
$11.75B
Total Liabilities
$4.99B
Total Investments
$184.70M
VRN Income (MRY)
Revenue
$3.94B
Net Income
$273.30M
Operating Expense
$2.01B
VRN Cash Flow (MRY)
CF Operations
$2.11B
CF Investing
-$525.00M
CF Financing
-$1.59B
VRN Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0.46 | 8.90% | 28.13% | 104.55% | 0.96 |
2023 | $0.36 | 5.20% | 54.74% | 34.19% | 2.92 |
2022 | $0.23 | 3.20% | 673.33% | 8.85% | 11.29 |
2021 | $0.03 | 0.60% | 76.47% | 0.72% | 138.33 |
2020 | $0.02 | 0.70% | - | -0.36% | -280.00 |
VRN Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $11,751,000,000 (-8.02%) | $12,775,700,000 (34.67%) | $9,486,400,000 (3.44%) | $9,171,200,000 (38.00%) |
Assets Current | $676,800,000 (-35.54%) | $1,050,000,000 (6.15%) | $989,200,000 (140.74%) | $410,900,000 (47.43%) |
Assets Non-Current | $11,074,200,000 (-5.56%) | $11,725,700,000 (37.99%) | $8,497,200,000 (-3.00%) | $8,760,300,000 (37.58%) |
Goodwill & Intangible Assets | $243,800,000 (-11.63%) | $275,900,000 (35.31%) | $203,900,000 (-3.59%) | $211,500,000 (-5.28%) |
Shareholders Equity | $6,761,000,000 (-1.55%) | $6,867,500,000 (5.76%) | $6,493,400,000 (20.13%) | $5,405,300,000 (91.49%) |
Property Plant & Equipment Net | $10,322,200,000 (-4.61%) | $10,821,100,000 (38.60%) | $7,807,500,000 (0.37%) | $7,778,700,000 (73.80%) |
Cash & Equivalents | $17,100,000 (-1.16%) | $17,300,000 (-94.03%) | $289,900,000 (2047.41%) | $13,500,000 (53.41%) |
Accumulated Other Comprehensive Income | $0 (0%) | -$100,000 (-100.02%) | $620,300,000 (17.13%) | $529,600,000 (2.30%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $184,700,000 (-27.57%) | $255,000,000 (8.37%) | $235,300,000 (6.71%) | $220,500,000 (-9.03%) |
Investments Current | $166,900,000 (-30.66%) | $240,700,000 (73.29%) | $138,900,000 (83.49%) | $75,700,000 (62.10%) |
Investments Non-Current | $17,800,000 (24.48%) | $14,300,000 (-85.17%) | $96,400,000 (-33.43%) | $144,800,000 (-26.01%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $386,500,000 (2.28%) | $377,900,000 (15.28%) | $327,800,000 (4.30%) | $314,300,000 (56.76%) |
Trade & Non-Trade Payables | $493,500,000 (-22.27%) | $634,900,000 (41.66%) | $448,200,000 (-0.55%) | $450,700,000 (45.25%) |
Accumulated Retained Earnings (Deficit) | -$10,213,200,000 (-0.10%) | -$10,202,500,000 (3.42%) | -$10,563,300,000 (10.85%) | -$11,848,700,000 (16.36%) |
Tax Assets | $0 (0%) | $0 (0%) | $278,800,000 (-51.10%) | $570,100,000 (-58.32%) |
Tax Liabilities | $710,000,000 (10.42%) | $643,000,000 (731.82%) | $77,300,000 (0%) | $0 (0%) |
Total Debt | $3,006,100,000 (-18.10%) | $3,670,500,000 (138.24%) | $1,540,700,000 (-26.14%) | $2,086,100,000 (-12.70%) |
Debt Current | $514,400,000 (35.37%) | $380,000,000 (-29.46%) | $538,700,000 (93.71%) | $278,100,000 (25.50%) |
Debt Non-Current | $2,491,700,000 (-24.28%) | $3,290,500,000 (228.39%) | $1,002,000,000 (-44.58%) | $1,808,000,000 (-16.61%) |
Total Liabilities | $4,990,000,000 (-15.54%) | $5,908,200,000 (97.40%) | $2,993,000,000 (-20.52%) | $3,765,900,000 (-1.50%) |
Liabilities Current | $1,187,700,000 (-13.53%) | $1,373,500,000 (10.86%) | $1,239,000,000 (20.03%) | $1,032,200,000 (54.24%) |
Liabilities Non-Current | $3,802,300,000 (-16.15%) | $4,534,700,000 (158.53%) | $1,754,000,000 (-35.84%) | $2,733,700,000 (-13.32%) |
VRN Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $3,940,600,000 (17.03%) | $3,367,100,000 (-5.90%) | $3,578,400,000 (46.66%) | $2,439,900,000 (21.78%) |
Cost of Revenue | $1,395,700,000 (37.72%) | $1,013,400,000 (6.03%) | $955,800,000 (23.23%) | $775,600,000 (14.89%) |
Selling General & Administrative Expense | $112,000,000 (-11.46%) | $126,500,000 (54.65%) | $81,800,000 (-8.91%) | $89,800,000 (14.10%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $2,012,900,000 (70.41%) | $1,181,200,000 (76.59%) | $668,900,000 (142.18%) | -$1,585,700,000 (-136.28%) |
Interest Expense | $194,300,000 (50.15%) | $129,400,000 (103.46%) | $63,600,000 (-29.80%) | $90,600,000 (-16.96%) |
Income Tax Expense | $59,800,000 (-76.43%) | $253,700,000 (-34.60%) | $387,900,000 (-51.49%) | $799,700,000 (227.42%) |
Net Loss Income from Discontinued Operations | $10,600,000 (-95.37%) | $229,100,000 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $273,300,000 (-52.08%) | $570,300,000 (-61.55%) | $1,483,400,000 (-37.25%) | $2,364,100,000 (193.82%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $273,300,000 (-52.08%) | $570,300,000 (-61.55%) | $1,483,400,000 (-37.25%) | $2,364,100,000 (193.82%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $273,300,000 (-52.08%) | $570,300,000 (-61.55%) | $1,483,400,000 (-37.25%) | $2,364,100,000 (193.82%) |
Weighted Average Shares | $616,327,456 (15.36%) | $534,259,825 (-5.20%) | $563,555,121 (-3.17%) | $581,984,263 (9.86%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $527,400,000 (-44.68%) | $953,400,000 (-50.73%) | $1,934,900,000 (-40.55%) | $3,254,400,000 (207.11%) |
Gross Profit | $2,544,900,000 (8.12%) | $2,353,700,000 (-10.25%) | $2,622,600,000 (57.58%) | $1,664,300,000 (25.28%) |
Operating Income | $532,000,000 (-54.63%) | $1,172,500,000 (-39.99%) | $1,953,700,000 (-39.89%) | $3,250,000,000 (206.81%) |
VRN Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$525,000,000 (87.61%) | -$4,237,200,000 (-392.35%) | -$860,600,000 (27.89%) | -$1,193,400,000 (-343.64%) |
Net Cash Flow from Financing | -$1,587,800,000 (-189.76%) | $1,768,900,000 (267.51%) | -$1,056,000,000 (-255.32%) | -$297,200,000 (53.53%) |
Net Cash Flow from Operations | $2,111,800,000 (-3.82%) | $2,195,700,000 (0.16%) | $2,192,200,000 (46.56%) | $1,495,800,000 (73.83%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$200,000 (99.93%) | -$272,600,000 (-198.63%) | $276,400,000 (5780.85%) | $4,700,000 (109.77%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | -$18,700,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $12,600,000 (0%) |
Capital Expenditure | -$576,500,000 (86.38%) | -$4,232,200,000 (-407.15%) | -$834,500,000 (33.51%) | -$1,255,000,000 (-559.14%) |
Issuance (Repayment) of Debt Securities | -$1,308,200,000 (-174.48%) | $1,756,400,000 (374.14%) | -$640,700,000 (-134.35%) | -$273,400,000 (58.73%) |
Issuance (Purchase) of Equity Shares | -$101,900,000 (-178.51%) | $129,800,000 (144.12%) | -$294,200,000 (-1581.14%) | -$17,500,000 (-35.66%) |
Payment of Dividends & Other Cash Distributions | -$284,600,000 (-34.31%) | -$211,900,000 (-5.63%) | -$200,600,000 (-319.67%) | -$47,800,000 (-408.51%) |
Effect of Exchange Rate Changes on Cash | $800,000 (0%) | $0 (0%) | $800,000 (260.00%) | -$500,000 (-400.00%) |
Share Based Compensation | $5,600,000 (-1.75%) | $5,700,000 (-5.00%) | $6,000,000 (-1.64%) | $6,100,000 (777.78%) |
Depreciation Amortization & Accretion | $1,355,400,000 (24.61%) | $1,087,700,000 (12.03%) | $970,900,000 (21.14%) | $801,500,000 (10.35%) |
VRN Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 64.60% (-7.58%) | 69.90% (-4.64%) | 73.30% (7.48%) | 68.20% (2.87%) |
Profit Margin | 6.90% (-59.17%) | 16.90% (-59.28%) | 41.50% (-57.17%) | 96.90% (177.03%) |
EBITDA Margin | 47.80% (-21.12%) | 60.60% (-25.37%) | 81.20% (-51.14%) | 166.20% (244.02%) |
Return on Average Equity (ROAE) | 4.10% (-53.41%) | 8.80% (-60.00%) | 22.00% (-56.26%) | 50.30% (158.76%) |
Return on Average Assets (ROAA) | 2.30% (-55.77%) | 5.20% (-64.38%) | 14.60% (-47.10%) | 27.60% (176.03%) |
Return on Sales (ROS) | 13.40% (-52.65%) | 28.30% (-47.69%) | 54.10% (-59.45%) | 133.40% (187.99%) |
Return on Invested Capital (ROIC) | 4.00% (-48.05%) | 7.70% (-59.69%) | 19.10% (-42.99%) | 33.50% (196.26%) |
Dividend Yield | 8.90% (71.15%) | 5.20% (62.50%) | 3.20% (433.33%) | 0.60% (-14.29%) |
Price to Earnings Ratio (P/E) | 16.82 (91.64%) | 8.78 (134.77%) | 3.74 (127.02%) | 1.65 (362.68%) |
Price to Sales Ratio (P/S) | 1.16 (-20.79%) | 1.46 (-5.25%) | 1.54 (-5.34%) | 1.63 (106.59%) |
Price to Book Ratio (P/B) | 0.68 (-5.86%) | 0.72 (-15.65%) | 0.85 (15.49%) | 0.74 (31.43%) |
Debt to Equity Ratio (D/E) | 0.74 (-14.19%) | 0.86 (86.55%) | 0.46 (-33.86%) | 0.7 (-48.52%) |
Earnings Per Share (EPS) | 0.44 (-58.10%) | 1.05 (-59.92%) | 2.62 (-36.87%) | 4.15 (187.18%) |
Sales Per Share (SPS) | 4.44 (-6.31%) | 4.74 (2.24%) | 4.63 (41.53%) | 3.27 (10.38%) |
Free Cash Flow Per Share (FCFPS) | 2.49 (165.35%) | -3.81 (-258.24%) | 2.41 (481.88%) | 0.41 (-67.27%) |
Book Value Per Share (BVPS) | 10.97 (-14.66%) | 12.85 (11.56%) | 11.52 (24.05%) | 9.29 (74.29%) |
Tangible Assets Book Value Per Share (TABVPS) | 18.67 (-20.20%) | 23.4 (42.04%) | 16.47 (6.99%) | 15.39 (26.98%) |
Enterprise Value Over EBIT (EV/EBIT) | 14 (75.00%) | 8 (100.00%) | 4 (100.00%) | 2 (300.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 4 (4.35%) | 3.83 (62.85%) | 2.35 (50.19%) | 1.57 (189.55%) |
Asset Turnover | 0.34 (10.82%) | 0.3 (-13.35%) | 0.35 (23.51%) | 0.28 (-1.38%) |
Current Ratio | 0.57 (-25.39%) | 0.76 (-4.26%) | 0.8 (100.50%) | 0.4 (-4.33%) |
Dividends | $0.46 (28.13%) | $0.36 (54.74%) | $0.23 (673.33%) | $0.03 (76.47%) |
Free Cash Flow (FCF) | $1,535,300,000 (175.39%) | -$2,036,500,000 (-250.00%) | $1,357,700,000 (463.83%) | $240,800,000 (-64.07%) |
Enterprise Value (EV) | $5,232,778,196 (-11.08%) | $5,884,902,339 (17.82%) | $4,994,853,898 (0.54%) | $4,968,037,900 (56.44%) |
Earnings Before Tax (EBT) | $333,100,000 (-59.58%) | $824,000,000 (-55.97%) | $1,871,300,000 (-40.85%) | $3,163,800,000 (200.52%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $1,882,800,000 (-7.76%) | $2,041,100,000 (-29.76%) | $2,905,800,000 (-28.36%) | $4,055,900,000 (275.42%) |
Invested Capital | $13,308,500,000 (-9.95%) | $14,779,500,000 (59.02%) | $9,294,300,000 (-7.06%) | $10,000,100,000 (22.94%) |
Working Capital | -$510,900,000 (-57.93%) | -$323,500,000 (-29.50%) | -$249,800,000 (59.79%) | -$621,300,000 (-59.10%) |
Tangible Asset Value | $11,507,200,000 (-7.94%) | $12,499,800,000 (34.66%) | $9,282,500,000 (3.60%) | $8,959,700,000 (39.50%) |
Market Capitalization | $3,167,923,124 (-14.44%) | $3,702,420,587 (-8.12%) | $4,029,419,115 (29.66%) | $3,107,795,964 (150.72%) |
Average Equity | $6,595,000,000 (1.84%) | $6,475,850,000 (-4.05%) | $6,748,950,000 (43.51%) | $4,702,900,000 (59.74%) |
Average Assets | $11,658,700,000 (5.55%) | $11,045,875,000 (8.78%) | $10,153,975,000 (18.42%) | $8,574,200,000 (23.63%) |
Invested Capital Average | $13,262,750,000 (6.57%) | $12,445,100,000 (22.91%) | $10,125,775,000 (4.21%) | $9,716,625,000 (11.38%) |
Shares | 616,327,456 (15.36%) | 534,259,825 (-5.20%) | 563,555,121 (-3.17%) | 581,984,263 (9.86%) |
