CME Group (CME) FY2016 results: revenue $3.6 billion, up 8.1% on the year
CME Group Inc. (CME) reported revenue of $3.6 billion for fiscal 2016, the year ended 31 December 2016, up 8.1% on the year before. Net income was $1.5 billion, up 23.0%, and diluted earnings per share $4.53. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2017.
Revenue
$3.6 billion
+8.1% on the year
FY2009FY2016
Operating margin
61.3%
59.8% a year earlier
FY2009FY2016
Net income
$1.5 billion
+23.0% on the year
FY2009FY2016
Diluted EPS
$4.53
+22.8% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
3,595
3,327
3,112
+8.1%
Operating income
2,203
1,989
1,768
+10.8%
Operating margin
61.3%
59.8%
56.8%
Pre-tax income
2,288
1,957
1,771
+16.9%
Income tax
754
710
644
+6.2%
Effective tax rate
32.9%
36.3%
36.4%
Net income
1,534
1,247
1,127
+23.0%
Net margin
42.7%
37.5%
36.2%
Diluted EPS
$4.53
$3.69
$3.35
+22.8%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
1,732
1,532
1,291
+13.0%
Capital expenditure
91.8
114
141
-19.6%
Free cash flow
1,640
1,418
1,151
+15.6%
Free cash flow margin
45.6%
42.6%
37.0%
Cash from investing
53.7
17.9
-199
+200.0%
Cash from financing
-1,620
-1,224
-2,196
Depreciation and amortisation
129
129
133
0.0%
Share-based compensation
66.2
60.8
54.8
+8.9%
Dividends paid
1,787
1,343
1,497
+33.0%
Dividend per share
$4.90
$4.90
$3.88
0.0%
Diluted shares, weighted
339m
338m
336m
+0.3%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
20,341
20,552
20,924
-1.0%
Non-controlling interest
n/a
n/a
0.0
Debt
2,231
2,229
2,108
+0.1%
Other liabilities
46,798
44,590
49,210
+4.9%
Total liabilities and equity
69,369
67,372
72,242
+3.0%
Fixed assets
425
492
509
-13.5%
Goodwill
7,569
7,569
7,569
0.0%
Intangible assets
2,442
2,538
2,637
-3.8%
Investments
83.3
72.5
74.7
+14.9%
Trading assets
62.7
55.9
55.1
+12.2%
Cash and equivalents
1,869
1,693
1,366
+10.4%
Receivables
364
358
341
+1.8%
Other assets
56,554
54,594
59,689
+3.6%
Total assets
69,369
67,372
72,242
+3.0%
10-K for the year ended 31 December 2016, filed 27 February 2017: the filing.