April 28, 2025 a 07:46 am
RVTY: Dividend Analysis - Revvity, Inc.
Revvity, Inc. holds a distinctive position in the stock market with a notable dividend history spanning over four decades. The company presents a low yet consistent dividend yield, maintaining stability in fluctuating markets. Their payout ratios are conservative, potentially hinting at a strategic reserve for future investments or downturns.
Overview 📊
Revvity, Inc. operates in the technology sector, demonstrating a structured approach toward dividends.
| Metric | Value |
|---|---|
| Sector | Technology |
| Dividend yield | 0.297% |
| Current dividend per share | 0.29 USD |
| Dividend history | 43 years |
| Last cut or suspension | None |
Dividend History 📈
The historical consistency of Revvity’s dividends over the past 43 years underscores its commitment to shareholder returns. This track record is critical for investors seeking reliable income streams, particularly during market volatility.
| Year | Dividend Per Share |
|---|---|
| 2025 | 0.21 |
| 2024 | 0.28 |
| 2023 | 0.28 |
| 2022 | 0.28 |
| 2021 | 0.28 |
Dividend Growth 📉
Analyzing the growth metrics, Revvity, Inc. has experienced a stagnation in dividend growth over the last five years, which can be a signal of prioritizing financial consolidation and internal investment over increased payouts.
| Time | Growth |
|---|---|
| 3 years | 0% |
| 5 years | 0% |
The average dividend growth is 0% over 5 years, indicating stable but non-growing dividends, which may appeal to income-focused investors who prioritize reliability over growth.
Payout Ratio ✅
Revvity maintains a prudent payout ratio strategy. A low payout ratio suggests a conservative approach, providing flexibility to maintain dividends during less profitable periods which is crucial for long-term sustainability.
| Key figure | Ratio |
|---|---|
| EPS-based | 13.02% |
| Free cash flow-based | 6.50% |
With a 13.02% EPS-based and 6.50% free cash flow-based payout ratio, Revvity demonstrates an ideal balance between rewarding shareholders and strategic reinvestment.
Cashflow & Capital Efficiency 🔍
Cash flow metrics underline the overall financial health of Revvity, showing efficient capital management with strategically balanced investments and cash reserves.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Free Cash Flow Yield | 4.14% | 0.07% | 3.36% |
| Earnings Yield | 2.07% | 5.08% | 3.22% |
| CAPEX to Operating Cash Flow | 13.79% | 89.15% | 12.60% |
| Stock-based Compensation to Revenue | 1.37% | 1.51% | 1.56% |
| Free Cash Flow / Operating Cash Flow Ratio | 86.21% | 10.85% | 87.40% |
The cash flow and capital efficiency indicate sufficient buffer, allowing the firm to enhance shareholder wealth, supporting potential capital returns.
Balance Sheet & Leverage Analysis 🗣️
Revvity's balance sheet shows a robust financial structure with manageable leverage. This showcases the firm's ability to sustain debt levels while funding growth.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Debt-to-Equity | 0.43 | 0.52 | 0.62 |
| Debt-to-Assets | 0.27 | 0.30 | 0.32 |
| Debt-to-Capital | 0.30 | 0.34 | 0.38 |
| Net Debt to EBITDA | 2.52 | 4.42 | 3.16 |
| Current Ratio | 3.60 | 2.07 | 2.11 |
| Quick Ratio | 3.03 | 1.77 | 1.85 |
| Financial Leverage | 1.62 | 1.72 | 1.91 |
With stable leverage ratios and a strong current ratio, Revvity possesses a solid balance sheet that can withstand economic fluctuations while fulfilling its obligations.
Fundamental Strength & Profitability ✨
Revvity’s operating efficiency, indicated by profitability metrics, suggests that the company effectively converts resources into profits, despite modest returns on equity and assets.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Return on Equity | 3.53% | 8.80% | 7.70% |
| Return on Assets | 2.18% | 5.11% | 4.03% |
| Net Profit Margin | 9.81% | 25.20% | 17.19% |
| EBIT Margin | 15.97% | 10.24% | 26.37% |
| EBITDA Margin | 30.78% | 25.94% | 39.26% |
| Gross Margin | 55.81% | 55.98% | 60.08% |
| Research & Development to Revenue | 7.14% | 7.87% | 6.69% |
Steadily consistent margins and focused R&D spending indicate Revvity’s commitment to maintaining product quality and potential future growth in market share.
Price Development 📉
Dividend Scoring System 🏆
| Category | Score | Score Bar |
|---|---|---|
| Dividend yield | 2 | |
| Dividend Stability | 5 | |
| Dividend growth | 1 | |
| Payout ratio | 5 | |
| Financial stability | 4 | |
| Dividend continuity | 5 | |
| Cashflow Coverage | 3 | |
| Balance Sheet Quality | 3 |
Total Score: 28/40
Rating ⭐
Revvity, Inc.’s dividend policy reflects commendable stability and a cautious payout strategy, meriting a positive outlook for conservative dividend investors. While growth is limited, the assured continuity offers reliability.