showing the working

← Sensata Technologies Holding

The business behind the dividend

MeasureSTMedianFormula
Return on equity1.1%10.6%Net income ÷ shareholders’ equity
Return on capital employed4.2%10.0%Operating income ÷ (equity + total debt)
Owner earnings$156.50m$120.90mNet income + depreciation & amortisation − capital expenditure
Free cash flow$490.30m$155.08mOperating cash flow − capital expenditure
Operating margin6.4%14.3%Operating income ÷ revenue
Net margin0.8%10.1%Net income ÷ revenue
Debt to equity1.02x0.73xTotal debt ÷ shareholders’ equity
Interest cover1.59x4.22xOperating income ÷ interest expense
Current ratio2.57x1.55xCurrent assets ÷ current liabilities
Long-term debt to working capital2.32x1.88xLong-term debt ÷ (current assets − current liabilities)
Cash conversion19.86x1.66xOperating cash flow ÷ net income
Accruals-8.7%-3.1%(Net income − operating cash flow) ÷ total assets

Ten years of it

The same measures, for every year the filings support. One year is a fact; a row is a business.

Measure2025202420232022202120202019201820172016Median
Return on equity1.1%4.4%-0.1%10.0%11.7%6.1%11.0%23.0%17.4%13.5%10.0%
Return on capital employed4.2%2.5%2.9%9.1%8.7%5.1%9.6%12.2%10.0%9.5%8.7%
Operating margin6.4%3.8%4.5%16.6%16.6%11.1%16.1%20.2%16.8%15.4%15.4%
Net margin0.8%3.3%-0.1%7.7%9.5%5.4%8.2%17.0%12.3%8.2%7.7%
Debt to equity1.02x1.10x1.13x1.35x1.36x1.47x1.25x1.24x1.38x1.67x1.25x
Current ratio2.57x2.85x2.55x2.35x3.68x1.99x3.10x3.00x2.94x2.30x2.57x
Cash conversion19.86x4.29x1.48x1.52x3.41x2.19x1.04x1.37x1.99x1.99x

How it compares in industrials

Among the 289 industrials companies here measured on free cash flow, Sensata Technologies Holding pays out less than 203 of them. The median for that group is 24.4%, against this company’s 14.4%.

Closest on free cash flow

Same sector and same denominator, so the figures are comparable. All 348 in industrials →