Knowles Cor

KN · NYSE · Technology / Electronic Components

33.00USD-0.99 (-2.91%)

Price History

Full chart

Market Stats

Previous Close33.99

Open33.53

Day Range32.65 – 34.10

52-Week Range20.57 – 42.93

Volume450.04K

Market Cap3.21B

P/E (TTM)44.68

Forward P/E15.24

EPS0.84

Dividend Yield0.00%

Beta1.59

50-Day Avg36.22

200-Day Avg31.27

About

Knowles Corporation offers capacitors, radio frequency (RF) and microwave filters, balanced armature speakers, and medtech microphones in Asia, the United States, Europe, rest of Americas, and internationally. It operates in two segments, Precision Devices (PD) and Medtech & Specialty Audio (MSA). The PD segment focuses on the custom design and delivery of high performance capacitor products and RF solutions primarily serving the defense, industrial, medtech, and electrification/energy markets. The MSA segment designs and manufactures balanced armature speakers and microphones for the hearing health; and specialty audio applications that serve the medtech and industrial markets. The company manufactures and sells film, electrolytic, and mica capacitors that are used in medtech, defense, and industrial electrification applications. It serves the defense, medtech, electric vehicle, industrial, and communications markets through original equipment manufacturers, their contract manufacturers, suppliers, sales representatives, and distributors. Knowles Corporation was founded in 1946 and is headquartered in Itasca, Illinois.

Company Details

SectorTechnology
IndustryElectronic Components
CEOMr. Jeffrey S. Niew
Employees5.20K
Headquarters1151 Maplewood Drive, Itasca, IL, United States, 60143, USA
Websitehttps://www.knowles.com

Leadership

Mr. Jeffrey S. NiewPresident, CEO & Director · b. 1967
Mr. John S. Anderson CPASenior VP, CFO & Interim Principal Accounting Officer · b. 1963
Mr. Daniel J. GieseckeSenior VP & COO · b. 1968
Mr. Robert J. Perna J.D.Senior VP, General Counsel & Secretary · b. 1964
Mr. Raymond D. CabreraSenor VP & Chief Human Resources Officer · b. 1967
Ms. Sarah CookVice President of Investor Relations
Mr. Brian CrannellSenior Vice President of Corporate Development
Mr. Sam VinciVice President of Global Sales & Marketing
Mr. Jon KiachianPresident of MedTech & Specialty Audio
Mr. Amit ShahSenior VP & Chief Transformation Officer

Financials

Income Statement

Currency: USD	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	983.32M	1.12B	1.21B	1.14B	849.60M	755.70M	744.20M	826.90M	854.80M	764.30M	868.10M	478.80M	456.80M	553.50M	593.20M
Growth (%)	-	+13.70%	+8.66%	-6.05%	-25.56%	-11.05%	-1.52%	+11.11%	+3.37%	-10.59%	+13.58%	-44.85%	-4.59%	+21.17%	+7.17%
Cost of Revenue	605.30M	710.62M	824.97M	927.90M	534.60M	476.20M	460.10M	510.40M	531.20M	505.00M	526.60M	251.80M	256.70M	332.30M	348.70M
Gross Profit	378.02M	407.37M	389.84M	213.40M	315.00M	279.50M	284.10M	316.50M	323.60M	259.30M	341.50M	227.00M	200.10M	221.20M	244.50M
Gross Margin	38.44%	36.44%	32.09%	18.70%	37.08%	36.99%	38.18%	38.28%	37.86%	33.93%	39.34%	47.41%	43.80%	39.96%	41.22%
Operating Expense	229.85M	265.44M	229.72M	236.90M	264.70M	223.70M	212.70M	236.60M	235.50M	211.40M	223.30M	136.20M	150.70M	164.50M	166.80M
Operating Income	148.16M	141.93M	160.12M	-23.50M	50.30M	55.80M	71.40M	79.90M	88.10M	47.90M	118.20M	90.80M	49.40M	56.70M	77.70M
Operating Margin	15.07%	12.69%	13.18%	-2.06%	5.92%	7.38%	9.59%	9.66%	10.31%	6.27%	13.62%	18.96%	10.81%	10.24%	13.10%
EBITDA	230.22M	250.26M	274.45M	103.20M	112.30M	116.90M	93.60M	130.10M	136.00M	89.00M	181.50M	145.50M	70.90M	92.40M	109.60M
EBITDA Margin	23.41%	22.39%	22.59%	9.04%	13.22%	15.47%	12.58%	15.73%	15.91%	11.64%	20.91%	30.39%	15.52%	16.69%	18.48%
Net Income	98.46M	79.10M	105.81M	-87.00M	-233.80M	-16.70M	6.00M	66.10M	49.10M	6.60M	150.40M	-430.10M	72.40M	-239.50M	44.20M
Net Income Margin	10.01%	7.07%	8.71%	-7.62%	-27.52%	-2.21%	0.81%	7.99%	5.74%	0.86%	17.33%	-89.83%	15.85%	-43.27%	7.45%
R&D	65.90M	77.30M	82.57M	83.00M	92.80M	92.00M	93.40M	100.60M	96.80M	92.90M	92.80M	81.70M	31.50M	37.10M	40.20M
R&D as % of Total Revenue	6.70%	6.91%	6.80%	7.27%	10.92%	12.17%	12.55%	12.17%	11.32%	12.15%	10.69%	17.06%	6.90%	6.70%	6.78%
Interest Expense	39.89M	56.47M	42.02M	6.70M	12.80M	19.80M	20.40M	16.60M	15.30M	17.10M	14.40M	4.30M	7.40M	20.10M	9.30M
Interest Expense % of Total Revenue	4.06%	5.05%	3.46%	0.59%	1.51%	2.62%	2.74%	2.01%	1.79%	2.24%	1.66%	0.90%	1.62%	3.63%	1.57%

Balance Sheet

Currency: USD	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	0	2.00B	2.05B	2.17B	2.00B	1.70B	1.52B	1.55B	1.55B	1.65B	1.65B	1.73B	1.18B	1.46B	1.12B	1.05B
Total Liabilities	0	1.71B	856.42M	282.99M	762.30M	689.70M	506.60M	417.70M	336.30M	373.70M	351.40M	275.10M	191.00M	428.70M	362.20M	275.30M
Total Equity	0	286.65M	1.19B	1.89B	1.24B	1.01B	1.01B	1.13B	1.21B	1.29B	1.30B	1.46B	992.90M	1.03B	756.00M	775.80M
Cash	0	26.29M	10.30M	105.59M	55.20M	63.30M	66.20M	111.70M	73.50M	78.40M	147.80M	68.90M	48.20M	87.30M	130.10M	54.20M
Total Debt	-	-	528.81M	2.42M	407.00M	447.50M	313.80M	195.10M	160.50M	200.50M	202.10M	102.40M	64.50M	286.70M	213.00M	150.30M
Net Debt	-	-	518.51M	-103.17M	351.80M	384.20M	247.60M	80.90M	84.60M	122.10M	54.30M	33.50M	16.30M	199.40M	82.90M	96.10M

Cash Flow

Currency: USD	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	182.93M	189.56M	174.29M	115.50M	78.40M	107.50M	92.90M	98.50M	123.90M	128.10M	182.10M	86.30M	122.70M	130.10M	114.00M
Investing Cash Flow	-917.03M	-115.60M	-108.67M	-93.10M	-95.20M	5.90M	69.50M	-88.00M	-110.50M	-35.10M	-129.60M	-32.70M	-141.60M	45.20M	-31.60M
Financing Cash Flow	759.69M	-90.04M	29.33M	-71.40M	26.10M	-109.90M	-117.90M	-48.60M	-8.50M	-23.90M	-131.40M	-73.20M	58.20M	-132.00M	-158.90M
Capital Expenditure	96.31M	145.65M	105.28M	83.90M	63.10M	38.70M	51.60M	80.10M	41.20M	31.90M	48.60M	32.10M	17.20M	13.60M	32.10M
Free Cash Flow	86.61M	43.91M	69.01M	31.60M	15.30M	68.80M	41.30M	18.40M	82.70M	96.20M	133.50M	54.20M	105.50M	116.50M	81.90M
Dividends Paid	-	-	-	0	0	0	0	-	3.40M	1.80M	25.60M	7.50M	220.60M	-	6.20M
FCF to OCF	47.35%	23.16%	39.59%	27.36%	19.52%	64.00%	44.46%	18.68%	66.75%	75.10%	73.31%	62.80%	85.98%	89.55%	71.84%
Dividend Paid to FCF	-	-	-	0.00%	0.00%	0.00%	0.00%	-	4.11%	1.87%	19.18%	13.84%	209.10%	-	7.57%

Earnings

Report Date	Feb 26, 2014	Apr 28, 2014	Jul 28, 2014	Oct 27, 2014	Feb 12, 2015	Apr 23, 2015	Jul 27, 2015	Oct 26, 2015	Feb 11, 2016	Apr 25, 2016	Jul 26, 2016	Oct 24, 2016	Feb 6, 2017	Apr 26, 2017	Jul 26, 2017	Oct 25, 2017	Feb 7, 2018	Apr 26, 2018	Jul 24, 2018	Oct 24, 2018	Feb 7, 2019	Apr 24, 2019	Jul 24, 2019	Oct 24, 2019	Feb 4, 2020	May 4, 2020	Jul 29, 2020	Oct 29, 2020	Feb 4, 2021	Apr 22, 2021	Jul 28, 2021	Oct 27, 2021	Feb 9, 2022	Apr 28, 2022	Aug 2, 2022	Oct 27, 2022	Feb 9, 2023	Apr 27, 2023	Aug 2, 2023	Nov 2, 2023	Feb 7, 2024	May 1, 2024	Jul 31, 2024	Oct 24, 2024	Feb 5, 2025	Apr 24, 2025	Jul 24, 2025	Oct 23, 2025	Feb 5, 2026	Apr 23, 2026	Jul 23, 2026	Oct 22, 2026
EPS Estimate	-	0.30	0.22	0.37	0.34	0.03	0.07	0.11	0.21	0.03	0.11	0.30	0.32	0.11	0.11	0.26	0.34	0.12	0.14	0.30	0.34	0.11	0.19	0.38	0.40	0.07	0.01	0.24	0.37	0.25	0.26	0.40	0.44	0.30	0.32	0.22	0.33	0.05	0.22	0.28	0.30	0.18	0.24	0.26	0.28	0.18	0.23	0.31	0.35	0.24	0.24	0.30
EPS Actual	0.38	0.32	0.26	0.38	0.14	0.06	0.08	0.16	0.34	0.08	0.13	0.37	0.35	0.12	0.13	0.28	0.40	0.11	0.18	0.34	0.37	0.13	0.22	0.38	0.35	0.03	-0.01	0.24	0.41	0.29	0.31	0.45	0.48	0.35	0.33	0.25	0.33	0.05	0.23	0.31	0.28	0.20	0.24	0.26	0.27	0.18	0.24	0.33	0.36	0.27	0.27	-
Surprise	-	6.67%	18.18%	2.70%	-58.82%	100.00%	14.29%	45.45%	61.90%	166.67%	18.18%	23.33%	9.38%	9.09%	18.18%	7.69%	17.65%	-8.33%	28.57%	13.33%	8.82%	18.18%	15.79%	0.00%	-12.50%	-57.14%	-200.00%	0.00%	10.81%	16.00%	19.23%	12.50%	9.09%	16.67%	3.13%	13.64%	0.00%	0.00%	4.55%	10.71%	-6.67%	11.11%	0.00%	0.00%	-4.42%	0.00%	4.35%	6.45%	2.86%	12.50%	12.50%	-
Timing	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap3.21B

Enterprise Value3.24B

Trailing P/E44.68

Forward P/E15.24

PEG Ratio0.43

Price / Sales5.05

Price / Book3.94

EPS0.84

Book Value9.31

Revenue (TTM)635.00M

Gross Profit (TTM)287.40M

EBITDA132.60M

Profit Margin10.63%

Operating Margin15.17%

Return on Equity9.50%

Return on Assets5.52%

Shares Outstanding85.41M

Shares Float84.14M

Beta1.59

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Buy

Based on 4 analystsTarget 43.75

Strong Buy
2
Buy
1
Hold
1

Ownership Breakdown

Institutions: 103.93%
Insiders: 1.78%
Retail / Other: 0.00%

Top Institutional Holders

BlackRock Inc
13.42M15.71%
Vanguard Portfolio Management, LLC
6.68M7.83%
Neuberger Berman Group LLC
5.75M6.73%
Dimensional Fund Advisors, Inc.
5.02M5.88%
The Goldman Sachs Group Inc
3.91M4.58%
Vanguard Capital Management, LLC
3.67M4.29%
State Street Corp
3.34M3.91%
Barrow Hanley Mewhinney & Strauss LLC
2.47M2.89%
Ariel Investments, LLC
2.28M2.67%
Geode Capital Management, LLC
2.08M2.43%
Royce & Associates, LP
1.81M2.12%
Charles Schwab Investment Management Inc
1.27M1.49%
Ameriprise Financial Inc
1.24M1.46%

Top Fund Holders

iShares Core S&P Small-Cap ETF
5.21M6.10%
Vanguard MStar Total Stk Mkt Idx Invest
2.58M3.02%
iShares Russell 2000 ETF
2.18M2.55%
Vanguard Information Technology ETF
2.16M2.53%
Vanguard Small Cap Index
1.87M2.19%
Neuberger Genesis Inv
1.82M2.13%
Putnam Small Cap Growth A
1.21M1.42%