Stock Analysis on Net
Stock Analysis on Net

Express Scripts Holding Co. (NASDAQ:ESRX)

This company has been moved to the archive! The financial data has not been updated since October 31, 2018.

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Express Scripts Holding Co., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013
Claims and rebates payable 10,190,200 9,891,500 9,969,400 10,188,500 9,483,500 9,081,100 8,786,300 8,836,900 8,717,100 8,635,900 8,956,400 9,397,700 8,738,600 8,213,600 7,928,300 8,488,200 7,815,000 7,569,000 6,348,900 6,767,800 6,459,700 5,823,400 6,645,700
Accounts payable 4,412,900 4,793,500 3,957,400 3,755,700 4,377,900 4,383,600 3,658,000 3,875,700 3,791,100 4,197,300 3,681,800 3,451,800 3,273,000 3,322,700 3,038,500 3,137,300 2,971,500 2,959,300 2,830,400 2,900,000 2,573,400 2,639,300 2,573,700
Accrued expenses 2,067,000 2,368,600 2,710,700 2,869,300 2,314,300 2,163,300 2,976,100 2,993,200 2,286,300 2,162,400 2,390,100 2,659,400 2,353,000 2,182,800 2,326,300 2,836,100 1,890,600 1,517,800 1,760,400 1,982,200 1,496,700 1,403,100 1,535,400
Short-term debt and current maturities of long-term debt 2,021,300 1,533,100 85,600 1,032,900 1,181,100 1,151,300 1,621,300 722,300 1,184,000 4,140,900 2,208,600 1,646,400 1,649,200 2,149,700 1,607,100 2,555,300 3,245,400 3,938,300 2,635,200 1,584,000 631,600 631,600 631,600
Current liabilities of discontinued operations — — — — — — — — — — — — — — — — — — — 1,300 64,800 120,900 137,700
Current liabilities 18,691,400 18,586,700 16,723,100 17,846,400 17,356,800 16,779,300 17,041,700 16,428,100 15,978,500 19,136,500 17,236,900 17,155,300 16,013,800 15,868,800 14,900,200 17,016,900 15,922,500 15,984,400 13,574,900 13,235,300 11,226,200 10,618,300 11,524,100
Long-term debt, excluding current maturities 12,974,200 13,457,600 14,900,500 14,981,500 13,726,700 13,835,200 13,906,200 14,846,000 14,924,500 11,842,600 14,382,700 13,946,300 14,037,700 14,583,900 10,741,200 11,012,700 11,442,000 12,165,500 11,145,100 12,363,000 13,482,000 13,648,500 13,815,100
Deferred taxes 2,347,800 2,426,600 2,496,500 2,562,400 3,401,900 3,471,200 3,537,300 3,603,300 3,734,800 3,857,100 3,957,000 4,069,800 4,621,800 4,761,700 4,846,100 4,923,200 5,209,500 5,351,400 5,470,800 5,440,600 5,589,000 5,662,000 5,783,600
Other liabilities 855,400 831,600 837,400 740,200 798,500 677,600 641,200 623,700 662,500 611,600 681,800 691,400 777,000 822,400 802,900 782,100 696,900 673,900 671,000 664,400 746,300 734,200 775,800
Noncurrent liabilities of discontinued operations — — — — — — — — — — — — — — — — — — — 100 400 41,800 59,600
Noncurrent liabilities 16,177,400 16,715,800 18,234,400 18,284,100 17,927,100 17,984,000 18,084,700 19,073,000 19,321,800 16,311,300 19,021,500 18,707,500 19,436,500 20,168,000 16,390,200 16,718,000 17,348,400 18,190,800 17,286,900 18,468,100 19,817,700 20,086,500 20,434,100
Total liabilities 34,868,800 35,302,500 34,957,500 36,130,500 35,283,900 34,763,300 35,126,400 35,501,100 35,300,300 35,447,800 36,258,400 35,862,800 35,450,300 36,036,800 31,290,400 33,734,900 33,270,900 34,175,200 30,861,800 31,703,400 31,043,900 30,704,800 31,958,200
Preferred stock, $0.01 par value per share; no shares issued and outstanding — — — — — — — — — — — — — — — — — — — — — — —
Common stock, $0.01 par value 8,700 8,700 8,700 8,600 8,600 8,600 8,600 8,600 8,600 8,600 8,600 8,500 8,500 8,500 8,500 8,500 8,500 8,400 8,400 8,300 8,300 8,200 8,200
Additional paid-in capital 23,826,800 23,704,000 23,651,500 23,537,800 23,486,100 23,446,800 23,275,300 23,233,600 23,175,700 22,567,200 22,514,700 22,204,700 22,140,400 22,078,700 22,788,900 22,671,400 22,532,300 22,389,400 22,138,900 21,809,900 21,820,200 21,662,200 21,451,600
Accumulated other comprehensive income (loss) (6,500) (8,000) (5,700) (2,900) (3,900) (7,600) (11,100) (12,300) (9,600) (7,900) (7,700) (14,000) (10,700) (3,400) (5,900) 2,100 7,000 12,900 9,400 11,700 15,400 12,900 16,800
Retained earnings 18,890,700 17,819,100 16,941,800 16,318,600 13,991,000 13,149,300 12,347,500 11,801,200 10,366,500 9,643,600 8,922,900 8,396,800 7,623,300 6,961,600 6,361,500 5,920,400 5,338,600 4,756,300 4,241,100 3,912,800 3,410,900 2,984,200 2,441,200
Common stock in treasury at cost (22,153,800) (22,153,800) (22,153,800) (21,742,500) (21,565,300) (20,852,500) (19,697,700) (18,795,100) (17,940,900) (16,808,400) (16,597,400) (13,223,200) (13,223,200) (13,223,200) (8,548,200) (8,548,200) (7,728,700) (6,715,100) (4,523,500) (3,905,300) (1,552,500) (801,000) (300,000)
Total Express Scripts stockholders’ equity 20,565,900 19,370,000 18,442,500 18,119,600 15,916,500 15,744,600 15,922,600 16,236,000 15,600,300 15,403,100 14,841,100 17,372,800 16,538,300 15,822,200 20,604,800 20,054,200 20,157,700 20,451,900 21,874,300 21,837,400 23,702,300 23,866,500 23,617,800
Non-controlling interest 6,900 5,300 5,600 5,700 5,800 5,500 7,000 7,800 8,700 7,700 8,100 7,700 7,900 8,800 9,900 9,800 10,600 6,700 11,000 7,400 16,800 10,200 9,700
Total stockholders’ equity 20,572,800 19,375,300 18,448,100 18,125,300 15,922,300 15,750,100 15,929,600 16,243,800 15,609,000 15,410,800 14,849,200 17,380,500 16,546,200 15,831,000 20,614,700 20,064,000 20,168,300 20,458,600 21,885,300 21,844,800 23,719,100 23,876,700 23,627,500
Total liabilities and stockholders’ equity 55,441,600 54,677,800 53,405,600 54,255,800 51,206,200 50,513,400 51,056,000 51,744,900 50,909,300 50,858,600 51,107,600 53,243,300 51,996,500 51,867,800 51,905,100 53,798,900 53,439,200 54,633,800 52,747,100 53,548,200 54,763,000 54,581,500 55,585,700

Based on: 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31).

Liabilities Trends

Total liabilities fluctuated moderately over the observed periods, with a peak near the middle and ending slightly lower relative to the start. Current liabilities experienced general growth, especially notable from early 2014 through 2016, reflecting increases in accounts payable and accrued expenses at times. However, certain quarters show declines, possibly indicating variability in short-term obligations management.

Claims and rebates payable remained substantial and demonstrated cyclical rises, notably peaking in late 2017 and early 2018, suggesting growing operational or settlement-related liabilities over time. Accounts payable showed a gradual increasing trend, with some volatility, peaking around mid-2018. Accrued expenses portrayed periods of both increase and decrease but showed multiple peaks, indicating fluctuations in accrued operating costs.

Short-term debt and current maturities of long-term debt exhibited erratic behavior, with a significant spike in mid-2014 and other smaller fluctuations, possibly reflecting refinancing activities or short-term liquidity management adjustments. Long-term debt, excluding current maturities, generally declined over the timeline, with some increases in mid-2015 and early 2017, suggesting repayments or reissuance of debt instruments.

Noncurrent liabilities decreased over time, consistent with the reduction in long-term debt, but with intermittent increases likely linked to other liability components. Deferred taxes showed a steady decline, indicating reduced temporary differences or tax obligations. Other liabilities increased moderately with some fluctuations but remained relatively stable compared to other components.

Equity and Stockholders’ Trends

Total stockholders' equity varied significantly, initially stable but showing a decline post-2014 into 2015, possibly due to treasury stock repurchases or losses. Thereafter, it gradually increased, especially from 2016 onwards, recovering to exceed earlier levels by late 2018. Common stock values remained relatively constant, suggesting no major issuance changes.

Additional paid-in capital grew gradually over time, reflecting capital contributions or similar equity adjustments. Retained earnings exhibited a consistent upward trajectory throughout the periods, showing accumulation of profits. However, the negative values of common stock in treasury, increasing in magnitude, reveal substantial share repurchase programs impacting equity.

Accumulated other comprehensive income (loss) was generally negative from 2015 onwards, with moderate variability, indicating unrealized losses or other comprehensive expense items affecting equity. Non-controlling interest remained minor but fairly consistent, contributing minimally to overall equity.

Overall Financial Position

Total liabilities and stockholders’ equity combined to show a declining trend from 2013 into 2016, followed by an upward movement through 2018. This mirrors the changes in liabilities and equity components and suggests dynamic adjustments in capital structure and financing strategies.

The data illustrates active management of debt with shifting balances between short-term and long-term obligations, alongside significant treasury stock activity impacting equity. The rising retained earnings indicate profitable operations over time despite fluctuations in liabilities.