Peabody Energy (BTU) FY2018 results: revenue $5.6 billion, up 18.4% on the year
Peabody Energy Corp. (BTU) reported revenue of $5.6 billion for fiscal 2018, the year ended 31 December 2018, up 18.4% on the year before. Net income was $544 million, and diluted earnings per share $4.43. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2020.
Revenue
$5.6 billion
+18.4% on the year
FY2010FY2018
Operating margin
11.9%
-5.9% a year earlier
FY2010FY2018
Net income
$544 million
FY2010FY2018
Diluted EPS
$4.43
FY2010FY2018
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2018
FY2016
FY2015
On the year
Last 8 years
Revenue
5,582
4,715
5,609
+18.4%
Selling, general and administrative
158
153
176
+3.1%
Operating income
662
-277
-1,465
Operating margin
11.9%
-5.9%
-26.1%
Interest expense
151
299
465
-49.3%
Pre-tax income
664
-758
-1,990
Income tax
18.4
-94.5
-207
Effective tax rate
2.8%
n/a
n/a
Net income
544
-729
-1,965
Net margin
9.8%
-15.5%
-35.0%
Diluted EPS
$4.43
-$39.87
-$108.29
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2018
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
1,490
-52.8
-14.4
Capital expenditure
301
127
127
+137.8%
Free cash flow
1,189
-179
-141
Free cash flow margin
21.3%
-3.8%
-2.5%
Cash from investing
-517
-244
-290
Cash from financing
-1,025
908
268
Depreciation and amortisation
679
465
572
+45.9%
Share-based compensation
34.9
n/a
26.2
Buybacks
835
n/a
n/a
Dividends paid
59.6
0.0
1.4
Dividend per share
$0.48
$0.00
$0.07
Diluted shares, weighted
n/a
18m
18m
Shares outstanding at period end
110m
18m
18m
+496.8%
Balance sheet
$ million
FY2018
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
3,396
174
750
+1,852.6%
Non-controlling interest
56.0
7.6
1.6
+636.8%
Debt
1,367
20.2
6,241
+6,667.3%
Operating lease liabilities
0.0
n/a
n/a
Other liabilities
2,605
11,576
3,954
-77.5%
Total liabilities and equity
7,424
11,778
10,947
-37.0%
Fixed assets
5,207
8,777
9,258
-40.7%
Cash and equivalents
1,017
872
261
+16.6%
Receivables
450
473
229
-4.8%
Inventory
280
204
308
+37.6%
Other assets
469
1,452
890
-67.7%
Total assets
7,424
11,778
10,947
-37.0%
10-K for the year ended 31 December 2018, filed 21 February 2020: the filing.