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Pyxus Internatio Financials

PYYX
Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE March

This page shows Pyxus Internatio (PYYX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI PYYX FY2025

Working-capital intensity still shapes this business, with sales and operating profit improving faster than cash conversion.

Net income improved from $2.7M to $15.2M even as gross margin fell, so the profit recovery did not come from richer unit economics alone. At the same time, inventory dropped by about $95M and free cash outflow narrowed to -$36.4M, pointing to a working-capital unwind rather than a fully clean cash-conversion story.

Gross margin fell to 13.8% from 15.4% a year earlier. Yet operating margin stayed above 6.0%, which suggests the year benefited more from overhead absorption and tighter cost control below gross profit than from more profitable product economics.

The balance sheet is moving in a less burdened direction, with total liabilities down about $173M and long-term debt down about $43M. Cash ended the year at $78.3M and operating cash flow was still slightly negative at -$13.4M, so liquidity still depends on disciplined inventory and receivables management.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score pending refresh

We are recalculating Pyxus Internatio's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Grey Zone
1.87

Pyxus Internatio scores 1.87, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral
4/9

Pyxus Internatio passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality
-13.28x

For every $1 of reported earnings, Pyxus Internatio generates $-13.28 in operating cash flow (-$208.5M OCF vs $15.7M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk
1.2x

Pyxus Internatio earns $1.2 in operating income for every $1 of interest expense ($162.7M vs $134.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$2.4B
YoY-2.8%
5Y CAGR+9.6%
10Y CAGR+1.6%

Pyxus Internatio generated $2.4B in revenue in fiscal year 2026. This represents a decrease of 2.8% from the prior year.

EBITDA
$183.6M
YoY+5.7%
5Y CAGR+49.9%
10Y CAGR+3.8%

Pyxus Internatio's EBITDA was $183.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 5.7% from the prior year.

Net Income
$15.7M
YoY+3.3%

Pyxus Internatio reported $15.7M in net income in fiscal year 2026. This represents an increase of 3.3% from the prior year.

EPS (Diluted)
$0.56
YoY-5.1%

Pyxus Internatio earned $0.56 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 5.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$230.5M
YoY-533.0%

Pyxus Internatio generated -$230.5M in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 533.0% from the prior year.

Cash & Debt
$134.3M
YoY+71.7%
5Y CAGR-4.6%

Pyxus Internatio held $134.3M in cash against $455.8M in long-term debt as of fiscal year 2026.

Dividends Per Share
N/A
Shares Outstanding
25M
YoY+0.0%
5Y CAGR+19.8%
10Y CAGR+9.8%

Pyxus Internatio had 25M shares outstanding in fiscal year 2026. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin
14.4%
YoY+0.6pp
5Y CAGR-0.3pp
10Y CAGR+2.6pp

Pyxus Internatio's gross margin was 14.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 0.6 percentage points from the prior year.

Operating Margin
6.7%
YoY+0.6pp
5Y CAGR+7.5pp
10Y CAGR+2.0pp

Pyxus Internatio's operating margin was 6.7% in fiscal year 2026, reflecting core business profitability. This is up 0.6 percentage points from the prior year.

Net Margin
0.7%
YoY+0.0pp
5Y CAGR+18.0pp
10Y CAGR+2.0pp

Pyxus Internatio's net profit margin was 0.7% in fiscal year 2026, showing the share of revenue converted to profit. This is up 0.0 percentage points from the prior year.

Return on Equity
9.0%
YoY-0.5pp
10Y CAGR+23.7pp

Pyxus Internatio's ROE was 9.0% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 0.5 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$22.1M
YoY-4.2%
5Y CAGR-18.4%
10Y CAGR-1.4%

Pyxus Internatio invested $22.1M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 4.2% from the prior year.

PYYX Income Statement

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Revenue $678.2M+3.4% $655.8M+15.0% $570.2M+12.1% $508.8M+1.4% $501.7M-35.5% $778.3M+37.4% $566.4M-10.8% $634.9M
Cost of Revenue $583.8M+5.0% $555.9M+15.2% $482.4M+8.9% $443.2M+2.0% $434.5M-34.4% $661.9M+34.8% $490.9M-10.9% $551.0M
Gross Profit $94.4M-5.5% $99.9M+13.8% $87.8M+33.8% $65.6M-2.4% $67.2M-42.3% $116.4M+54.3% $75.5M-10.0% $83.9M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $44.1M+15.3% $38.3M-4.6% $40.1M-0.6% $40.4M-10.2% $44.9M-3.4% $46.5M+19.6% $38.9M-4.4% $40.7M
Operating Income $43.7M-14.8% $51.3M+9.8% $46.7M+122.5% $21.0M+53.3% $13.7M-79.3% $66.1M+99.8% $33.1M-18.2% $40.5M
Interest Expense N/A N/A N/A N/A N/A N/A -$35.8M-7.4% -$33.3M
Income Tax $4.5M-56.2% $10.3M-0.1% $10.3M+97.1% $5.2M+172.6% -$7.2M-139.8% $18.1M+124.9% $8.0M+31.4% $6.1M
Net Income $14.7M-13.3% $16.9M+2023.0% -$879K+94.4% -$15.8M-247.3% -$4.6M-124.1% $18.9M+685.6% -$3.2M-169.5% $4.6M
EPS (Diluted) N/A $0.65+2266.7% $-0.03+95.2% $-0.62 N/A $0.74+716.7% $-0.12-166.7% $0.18

PYYX Balance Sheet

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Total Assets $1.7B-11.7% $1.9B-2.9% $2.0B+1.9% $1.9B+29.0% $1.5B-12.6% $1.7B-6.3% $1.8B+2.5% $1.8B
Current Assets $1.3B-15.1% $1.6B-3.6% $1.6B+2.3% $1.6B+37.4% $1.2B-16.4% $1.4B-6.8% $1.5B+3.0% $1.4B
Cash & Equivalents $134.3M+3.5% $129.8M+30.8% $99.2M+2.9% $96.4M+23.2% $78.3M-24.3% $103.3M-16.3% $123.5M+50.5% $82.0M
Inventory $507.4M-34.0% $768.6M+8.1% $711.0M+23.5% $575.9M+17.4% $490.4M-18.7% $603.3M-19.6% $750.6M+23.9% $605.5M
Accounts Receivable $239.5M-3.0% $246.8M+26.3% $195.4M-5.4% $206.6M+9.2% $189.2M-42.1% $326.6M+44.3% $226.4M+8.3% $209.1M
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $1.5B-13.6% $1.8B-4.0% $1.8B+2.2% $1.8B+33.5% $1.3B-13.8% $1.6B-7.9% $1.7B+2.8% $1.6B
Current Liabilities $932.8M-21.3% $1.2B-5.6% $1.3B+3.2% $1.2B+57.2% $773.9M-22.6% $999.8M-9.0% $1.1B+9.7% $1.0B
Long-Term Debt $455.8M+0.1% $455.5M0.0% $455.3M0.0% $455.1M+0.1% $454.9M0.0% $454.6M-7.1% $489.5M-7.9% $531.5M
Total Equity $174.5M+8.2% $161.2M+10.5% $145.9M-1.4% $148.0M-7.6% $160.1M-1.1% $161.9M+10.8% $146.2M-1.4% $148.3M
Retained Earnings -$225.6M+6.0% -$239.9M+6.6% -$256.8M-0.3% -$255.9M-6.6% -$240.1M-2.2% -$235.0M+7.4% -$253.9M-1.3% -$250.6M

PYYX Cash Flow Statement

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Operating Cash Flow $310.1M+397.3% $62.4M+172.8% -$85.6M+82.7% -$495.3M-412.9% $158.3M+45.8% $108.6M+486.5% -$28.1M+88.9% -$252.2M
Capital Expenditures $6.3M+3.7% $6.0M+11.0% $5.5M+27.4% $4.3M-45.9% $7.9M+48.2% $5.3M+13.8% $4.7M-8.0% $5.1M
Free Cash Flow $303.9M+439.6% $56.3M+161.8% -$91.1M+81.8% -$499.6M-432.2% $150.4M+45.7% $103.2M+415.0% -$32.8M+87.3% -$257.3M
Investing Cash Flow $49.2M+21.8% $40.4M-37.0% $64.2M+70.5% $37.6M-5.2% $39.7M+6.1% $37.4M-42.9% $65.6M+134.6% $27.9M
Financing Cash Flow -$355.0M-373.6% -$75.0M-368.0% $28.0M-94.1% $474.5M+312.9% -$222.9M-35.6% -$164.4M-2968.7% $5.7M-97.3% $214.3M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

PYYX Financial Ratios

Metric Q4'26 Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25
Gross Margin 13.9%-1.3pp 15.2%-0.2pp 15.4%+2.5pp 12.9%-0.5pp 13.4%-1.6pp 15.0%+1.6pp 13.3%+0.1pp 13.2%
Operating Margin 6.4%-1.4pp 7.8%-0.4pp 8.2%+4.1pp 4.1%+1.4pp 2.7%-5.8pp 8.5%+2.7pp 5.8%-0.5pp 6.4%
Net Margin 2.2%-0.4pp 2.6%+2.7pp -0.1%+3.0pp -3.1%-2.2pp -0.9%-3.3pp 2.4%+3.0pp -0.6%-1.3pp 0.7%
Return on Equity 8.4%-2.1pp 10.5%+11.1pp -0.6%+10.1pp -10.7%-7.8pp -2.9%-14.5pp 11.7%+13.9pp -2.2%-5.3pp 3.1%
Return on Assets 0.9%-0.0pp 0.9%+0.9pp -0.0%+0.8pp -0.8%-0.5pp -0.3%-1.4pp 1.1%+1.3pp -0.2%-0.4pp 0.3%
Current Ratio 1.43+0.1 1.32+0.0 1.30-0.0 1.31-0.2 1.50+0.1 1.39+0.0 1.35-0.1 1.44
Debt-to-Equity 2.61-0.2 2.83-0.3 3.12+0.0 3.08+0.2 2.84+0.0 2.81-0.5 3.35-0.2 3.58
FCF Margin 44.8%+36.2pp 8.6%+24.6pp -16.0%+82.2pp -98.2%-128.2pp 30.0%+16.7pp 13.3%+19.1pp -5.8%+34.7pp -40.5%

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Frequently Asked Questions

Pyxus Internatio (PYYX) reported $2.4B in total revenue for fiscal year 2026. This represents a -2.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Pyxus Internatio (PYYX) revenue declined by 2.8% year-over-year, from $2.5B to $2.4B in fiscal year 2026.

Yes, Pyxus Internatio (PYYX) reported a net income of $15.7M in fiscal year 2026, with a net profit margin of 0.7%.

Pyxus Internatio (PYYX) reported diluted earnings per share of $0.56 for fiscal year 2026. This represents a -5.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Pyxus Internatio (PYYX) had EBITDA of $183.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2026, Pyxus Internatio (PYYX) had $134.3M in cash and equivalents against $455.8M in long-term debt.

Pyxus Internatio (PYYX) had a gross margin of 14.4% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

Pyxus Internatio (PYYX) had an operating margin of 6.7% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

Pyxus Internatio (PYYX) had a net profit margin of 0.7% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Pyxus Internatio (PYYX) has a return on equity of 9.0% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

Pyxus Internatio (PYYX) generated -$230.5M in free cash flow during fiscal year 2026. This represents a -533.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Pyxus Internatio (PYYX) generated -$208.5M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Pyxus Internatio (PYYX) had $1.7B in total assets as of fiscal year 2026, including both current and long-term assets.

Pyxus Internatio (PYYX) invested $22.1M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

Pyxus Internatio (PYYX) had 25M shares outstanding as of fiscal year 2026.

Pyxus Internatio (PYYX) had a current ratio of 1.43 as of fiscal year 2026, which is considered adequate.

Pyxus Internatio (PYYX) had a debt-to-equity ratio of 2.61 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

Pyxus Internatio (PYYX) had a return on assets of 0.9% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2026 data, Pyxus Internatio (PYYX) had $134.3M in cash against an annual operating cash burn of $208.5M. This gives an estimated cash runway of approximately 8 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Pyxus Internatio (PYYX) has an Altman Z-Score of 1.87, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Pyxus Internatio (PYYX) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Pyxus Internatio (PYYX) has an earnings quality ratio of -13.28x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Pyxus Internatio (PYYX) has an interest coverage ratio of 1.2x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

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