Event-Driven Stocks

Macquarie Infrastructure Corp

Industrials · Wholesale-Petroleum & Petroleum Products (No Bulk Stations) · DE · SEC filings ↗ · Compare ⊕

Signs3 good4 warningdetails ↓

Financials

SEC XBRL · annual
 FY20FY19FY18FY17FY16FY15
Revenue$284.0M$321.0M$1.25B$1.67B$1.50B$1.64B
Operating income$22.0M$53.0M$89.0M$282.0M$275.5M−$57.2M
Net income−$928.0M$156.0M$137.0M$451.0M$156.4M−$108.5M
Total assets$4.18B$6.86B$7.44B$8.01B$7.56B$7.31B
Total liabilities$3.29B$4.05B$4.33B$4.66B$4.41B$4.11B
Equity$885.0M$2.80B$2.96B$3.15B$2.95B$3.03B
EPS (diluted)$0.13$0.82$1.60$5.13$1.85$-1.39
Shares out.86.7M85.9M84.8M82.1M80.1M71.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2020
Operating margin
7.7%
Net margin
−326.8%
Return on equity
−104.9%
Return on assets
−22.2%
Return on capital (ROCE)
0.7%
Liabilities / assets
78.6%
Debt / equity
3.71×
Book value / share
$10.20
Revenue growth (YoY)
−11.5%
Net income growth (YoY)
−694.9%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2020
Altman Z″ (distress)
1.97grey zone
Accruals / assets
25.2%clean
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
45
/ 100
Profitability 40Growth 0Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

4 warning3 good
  • Reported a net loss
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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