Overview
- IndustryServices-Engineering, Accounting, Research, Management2
- HeadquartersArlington, United States2
- Incorporated inVA3
- Business address7799 Leesburg Pike, Suite 300 North, Falls Church, Va 220433
- Filer categoryAccelerated filer3
- Legal formCorporation2
- LEI549300S7DE40ONNIOC812
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O Corporation Service Company, 19808 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 49419902
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2020
Where the money goes
Where each dollar of revenue went, fiscal 2020
- Cost of revenue77¢$2.1B
- Selling, general and admin18¢$498.8M
- Other costs3¢$86.6M
- Income tax0¢$2.3M
- Profit1¢$28.8M
Out of $2.7B in revenue.4
Where each dollar of operating cash went, fiscal 2020
- Capital spending4¢$3.8M
- Kept or used elsewhere96¢$97.0M
Out of $100.9M of cash from operations.4
Financial statements
No quarterly figures reported.
| Fiscal year | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|
| Revenue | $2.6B4 | $2.8B4 | $2.7B4 | |
| Cost of revenue | $2.0B4 | $2.2B4 | $2.1B4 | |
| Gross profit | $45.1M4 | $17.0M4 | $83.5M4 | |
| Selling, general and admin | $536.0M4 | $530.1M4 | $498.8M4 | |
| Operating income | -$23.7K5 | $50.1M4 | $26.8M4 | $90.8M4 |
| Income tax | -$2.7M4 | -$9.1M4 | $2.3M4 | |
| Net income | -$23.7K5 | -$34.5M4 | -$49.8M4 | $28.8M4 |
| Earnings per share | -$1.634 | -$2.364 | $0.344 | |
| Earnings per share (diluted) | -$1.634 | -$2.364 | $0.344 |
No quarterly figures reported.
| Fiscal year | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|
| Cash | $109.7K5 | $856.2K5 | $68.0M4 | $85.9M4 |
| Current assets | $262.9K6 | $1.1M5 | $553.8M4 | $733.0M4 |
| Total assets | $262.9K6 | $403.7M5 | $1.4B4 | $1.8B4 |
| Current liabilities | $261.6K6 | $687.4K5 | $517.4M4 | $632.2M4 |
| Long-term debt | $727.9M4 | $860.3M4 | ||
| Total liabilities | $261.6K6 | $14.7M5 | $1.4B4 | $1.7B4 |
| Shareholders’ equity | $1.3K5 | $5.0M5 | -$43.8M4 | $73.9M4 |
| Shares outstanding | 21.1M shares4 | 92.0M shares4 |
Corporate structure
PAE Inc sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of PAE Inc
- GCM Grosvenor L.P. Filed SC 13G/A on PAE Inc, latest Feb 14, 2023 (2 filings since Feb 14, 2022)
- BlackRock Filed SC 13G on PAE Inc, latest Mar 11, 2022 (2 filings since Feb 8, 2022)
- PE Shay Holdings, LLC Filed SC 13D/A on PAE Inc, latest Feb 17, 2022
- CRAMER ROSENTHAL MCGLYNN LLC Filed SC 13G/A on PAE Inc, latest Feb 14, 2022
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Filed SC 13G/A on PAE Inc, latest Feb 2, 2022
- Magnetar Financial LLC Filed SC 13D on PAE Inc, latest Nov 2, 2021
- PAE Inc Arlington, Virginia, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What PAE Inc reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $78.8M4 Dec 31, 2020 | $74.0M4 Dec 31, 2019 | +6.6% |
| Accumulated depreciation | $51.2M4 Dec 31, 2020 | $43.5M4 Dec 31, 2019 | +17.6% |
| Property and equipment, net | $27.6M4 Dec 31, 2020 | $30.4M4 Dec 31, 2019 | −9.2% |
| Operating-lease assets (leased space) | $191.4M4 Dec 31, 2020 | $162.2M4 Dec 31, 2019 | +18.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $85.9M4 Dec 31, 2020 | $68.0M4 Dec 31, 2019 | +26.3% |
| Long-term investments | $18.3M4 Dec 31, 2020 | $17.9M4 Dec 31, 2019 | +1.9% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $590.7M4 Dec 31, 2020 | $409.6M4 Dec 31, 2019 | +44.2% |
| Finite-lived intangibles, gross | $417.4M4 Dec 31, 2020 | $305.5M4 Dec 31, 2019 | +36.6% |
| Accumulated amortization | $159.2M4 Dec 31, 2020 | $125.0M4 Dec 31, 2019 | +27.3% |
| Finite-lived intangibles, net | $258.2M4 Dec 31, 2020 | $180.5M4 Dec 31, 2019 | +43.1% |
Leadership
Who has led PAE Inc, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerCharles Peiffer Feb 16, 2022 to Feb 16, 20227
- Chief executive officerJohn E. Heller Feb 12, 2020 to Mar 17, 20218
- PresidentClinton Bickett Jul 6, 2021 to Feb 16, 20229
- PresidentJohn E. Heller Feb 12, 2020 to Mar 17, 20218
- PresidentRene Moline Apr 15, 2020 to Feb 16, 202210
- Chief financial officerCharles Peiffer Feb 12, 2020 to Feb 16, 202211
- Chief financial officerAndrew McBride Sep 6, 2018 to Feb 11, 202012
Board members and other officers (13)
- EVP & CHROPatricia M.c. Munchel Feb 12, 2020 to Feb 16, 202213
- EVP & GCPaul W. Cobb Jr. Feb 12, 2020 to Feb 16, 202214
- VP, NSSRene Moline Feb 12, 2020 to Feb 12, 202015
- Board memberCharles Peiffer Feb 16, 2022 to Feb 16, 20227
- Board memberDelara Zarrabi Apr 19, 2021 to Apr 19, 202116
- Board memberMary M. Jackson Apr 19, 2021 to Feb 16, 202217
- Board memberJohn E. Heller Feb 12, 2020 to Mar 17, 20218
- Board memberLouis Samson Feb 12, 2020 to Feb 17, 202218
- Board memberMarshall Heinberg Feb 12, 2020 to Feb 16, 202219
- Board memberPaul Bader Feb 12, 2020 to Feb 16, 202220
- Board memberJeffrey Gene Rea Sep 6, 2018 to Feb 11, 202021
- Board memberRandy Bort Sep 6, 2018 to Feb 11, 202022
- Board memberWilliam B. Patton Jr. Sep 6, 2018 to Feb 11, 202023
Former names
- Gores Holdings III, Inc.Nov 22, 2017 to Feb 11, 20203
Timeline
- Feb 16, 2022New chief executive Charles Peiffer becomes CEO7
- Feb 15, 20228-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale24
- Jan 27, 20228-K Other events25
- Dec 1, 20218-K Other events26
- Nov 4, 20218-K Results of operations27
- Oct 26, 20218-K Financial statements and exhibits28
- Oct 25, 20218-K Entered a material agreement; Executive or director change; Other events29
- Feb 12, 2020New chief executive John E. Heller becomes CEO8
Calendar
When it reported results
- Nov 4, 2021Reported quarterly or annual results27
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
51 filings to the SEC since October 2021: 1 quarterly reports, 6 major events, 17 insider forms, 8 large holders, 19 other. The latest 20:
- Feb 14, 2023SC 13G/A AMENDMENT NO. 3 TO THE SCHEDULE 13G EDGAR
- Mar 11, 2022SC 13G EDGAR
- Feb 25, 202215-12B FORM 15 EDGAR
- Feb 22, 2022EFFECT EDGAR
- Feb 17, 20224 EDGAR
- Feb 17, 2022SC 13D/A EDGAR
- Feb 17, 20224 FORM 4 SUBMISSION EDGAR
- Feb 17, 20224 FORM 4 SUBMISSION EDGAR
- Feb 16, 20224 EDGAR
- Feb 16, 20224 EDGAR
- Feb 16, 20224 EDGAR
- Feb 16, 20224 EDGAR
- Feb 16, 20224 EDGAR
- Feb 16, 20224 EDGAR
- Feb 16, 20224 EDGAR
- Feb 16, 20224 EDGAR
- Feb 16, 20224 EDGAR
- Feb 16, 20224 EDGAR
- Feb 15, 2022POS AM EDGAR
- Feb 15, 2022S-8 POS EDGAR
The 51 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- GCM Grosvenor L.P.SC 13G/A, 2 filings Feb 14, 2022 to Feb 14, 202330
- BlackRockSC 13G, 2 filings Feb 8, 2022 to Mar 11, 202231
- PE Shay Holdings, LLCSC 13D/A, 1 filing Feb 17, 202232
- CRAMER ROSENTHAL MCGLYNN LLCSC 13G/A, 1 filing Feb 14, 202233
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/SC 13G/A, 1 filing Feb 2, 202234
- Magnetar Financial LLCSC 13D, 1 filing Nov 2, 202135
SEC filer profile
How PAE Inc is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARPAE Inc1
- CIK0001720821
- Employer ID (EIN)82-31734731
- Filer statusAccelerated filer1
- Incorporated inVirginia1
- Fiscal year endsDecember 311
- Industry code (SIC)8700 Services-Engineering, Accounting, Research, Management1
- Business address7799 Leesburg Pike, Suite 300 North, Falls Church, VA 220431
- Phone(703) 717-60001
- Shares outstanding93,117,234 as of Nov 2, 202136
- Public float$641.2M as of Jun 28, 20204
- On EDGAR sinceNov 22, 20171
- Filings242 in all: 4 (69), 8-K (31), 3 (22), DEFA14A (15), SC 13G/A (15), 424B3 (12), SC 13G (12), 10-Q (10)1
All 35 form types
UPLOAD (7), CORRESP (5), EFFECT (4), 10-K (3), POS AM (3), S-1/A (3), SC 13D (3), SC 13D/A (3), 25-NSE (2), 8-K/A (2), DEFM14A (2), DRS/A (2), PREM14A (2), PRER14A (2), 10-K/A (1), 15-12B (1), 3/A (1), 424B4 (1), 8-A12B (1), CERT (1), DEF 14A (1), DRS (1), DRSLTR (1), S-1 (1), S-3 (1), S-8 (1), S-8 POS (1)
- Latest filingsAnnual report (10-K) Mar 16, 2021
Quarterly report (10-Q) Nov 4, 2021
Proxy statement (DEF 14A) Apr 30, 2021
Latest 8-K (8-K) Feb 15, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARPAE Inc filings on SEC EDGAR
- 2
- 3SEC EDGARPAE Inc filings on SEC EDGAR
- 4SEC EDGARPAE Inc 10-K for fiscal 2020
- 5SEC EDGARPAE Inc 10-K for fiscal 2017
- 6SEC EDGARPAE Inc 10-K for fiscal 2017
- 7
- 8
- 9SEC EDGARClinton Bickett, President
- 10SEC EDGARRene Moline, President
- 11
- 12
- 13SEC EDGARPatricia M.c. Munchel, EVP & CHRO
- 14SEC EDGARPaul W. Cobb Jr., EVP & GC
- 15SEC EDGARRene Moline, VP, NSS
- 16SEC EDGARDelara Zarrabi, Board member
- 17SEC EDGARMary M. Jackson, Board member
- 18SEC EDGARLouis Samson, Board member
- 19SEC EDGARMarshall Heinberg, Board member
- 20SEC EDGARPaul Bader, Board member
- 21SEC EDGARJeffrey Gene Rea, Board member
- 22SEC EDGARRandy Bort, Board member
- 23SEC EDGARWilliam B. Patton Jr., Board member
- 24
- 25SEC EDGAROther events
- 26SEC EDGAROther events
- 27SEC EDGARResults of operations
- 28SEC EDGARFinancial statements and exhibits
- 29
- 30
- 31SEC EDGARBlackRock SC 13G on PAE Inc
- 32
- 33
- 34
- 35
- 36