Cooper Companies (COO) FY2023 results: revenue $3.6 billion, up 8.6% on the year
Cooper Companies, Inc. (COO) reported revenue of $3.6 billion for fiscal 2023, the year ended 31 October 2023, up 8.6% on the year before. Net income was $294 million, down 23.7%, and diluted earnings per share $1.48. The figures are the company's own, from the 10-K it filed with the SEC on 8 December 2023.
Revenue
$3.6 billion
+8.6% on the year
FY2016FY2023
Operating margin
14.8%
15.3% a year earlier
FY2016FY2023
Net income
$294 million
-23.7% on the year
FY2016FY2023
Diluted EPS
$1.48
-23.8% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ 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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
608
692
739
-12.3%
Capital expenditure
392
242
214
+62.2%
Free cash flow
215
450
524
-52.3%
Free cash flow margin
6.0%
13.6%
17.9%
Cash from investing
-449
-1,831
-450
Cash from financing
-174
1,194
-311
Depreciation and amortisation
368
346
309
+6.2%
Share-based compensation
62.1
54.2
43.8
+14.6%
Buybacks
0.0
78.5
24.8
Dividends paid
3.0
3.0
3.0
0.0%
Dividend per share
$0.01
$0.01
$0.01
0.0%
Diluted shares, weighted
199m
199m
199m
+0.2%
Shares outstanding at period end
198m
197m
197m
+0.4%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
7,551
7,174
6,942
+5.2%
Non-controlling interest
0.2
0.2
0.2
0.0%
Debt
2,569
2,763
1,479
-7.0%
Operating lease liabilities
216
206
232
+4.9%
Finance lease liabilities
3.4
3.7
1.5
-8.1%
Other liabilities
1,320
1,345
952
-1.9%
Total liabilities and equity
11,659
11,492
9,606
+1.4%
Fixed assets
1,629
1,414
1,348
+15.2%
Goodwill
3,624
3,610
2,574
+0.4%
Intangible assets
1,710
1,885
1,272
-9.3%
Cash and equivalents
121
138
95.9
-12.6%
Receivables
610
558
515
+9.3%
Inventory
736
629
586
+17.0%
Other assets
3,229
3,259
3,216
-0.9%
Total assets
11,659
11,492
9,606
+1.4%
10-K for the year ended 31 October 2023, filed 8 December 2023: the filing.