Cooper Companies (COO) FY2015 results: revenue $1.8 billion, up 4.6% on the year
Cooper Companies, Inc. (COO) reported revenue of $1.8 billion for fiscal 2015, the year ended 31 October 2015, up 4.6% on the year before. Net income was $204 million, down 24.6%, and diluted earnings per share $1.03. The figures are the company's own, from the 10-K it filed with the SEC on 18 December 2015.
Revenue
$1.8 billion
+4.6% on the year
FY2008FY2015
Operating margin
13.2%
17.8% a year earlier
FY2008FY2015
Net income
$204 million
-24.6% on the year
FY2008FY2015
Diluted EPS
$1.03
-24.9% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
1,797
1,718
1,588
+4.6%
Cost of revenue
727
626
561
+16.1%
Gross profit
1,070
1,092
1,027
-2.0%
Gross margin
59.6%
63.5%
64.7%
Research and development
69.6
66.3
58.8
+5.0%
Selling, general and administrative
713
683
611
+4.3%
Operating income
237
306
306
-22.8%
Operating margin
13.2%
17.8%
19.3%
Interest expense
18.1
8.0
9.2
+127.3%
Pre-tax income
215
297
312
-27.3%
Income tax
10.4
24.7
15.4
-57.9%
Effective tax rate
4.8%
8.3%
4.9%
Net income
204
270
296
-24.6%
Net margin
11.3%
15.7%
18.7%
Diluted EPS
$1.03
$1.38
$1.49
-24.9%
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
391
455
416
-14.0%
Capital expenditure
243
238
178
+2.1%
Free cash flow
148
217
238
-31.7%
Free cash flow margin
8.2%
12.6%
15.0%
Cash from investing
-288
-1,346
-190
Cash from financing
-107
842
-162
Depreciation and amortisation
191
138
125
+38.5%
Share-based compensation
32.9
36.5
28.5
-10.0%
Buybacks
67.3
75.8
167
-11.2%
Dividends paid
2.9
2.9
2.9
+0.6%
Dividend per share
$0.01
$0.01
$0.01
0.0%
Diluted shares, weighted
197m
196m
199m
+0.4%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
2,668
2,570
2,405
+3.8%
Non-controlling interest
6.4
18.6
19.0
-65.5%
Debt
1,349
1,382
345
-2.4%
Other liabilities
438
488
369
-10.3%
Total liabilities and equity
4,461
4,458
3,137
+0.1%
Fixed assets
967
937
740
+3.2%
Goodwill
2,197
2,221
1,388
-1.1%
Intangible assets
411
454
199
-9.4%
Cash and equivalents
16.4
25.2
77.4
-34.9%
Receivables
283
276
230
+2.4%
Inventory
420
381
339
+10.0%
Other assets
166
164
165
+1.7%
Total assets
4,461
4,458
3,137
+0.1%
10-K for the year ended 31 October 2015, filed 18 December 2015: the filing.