Cencora (COR) FY2015 results: revenue $136.0 billion, up 13.7% on the year
Cencora, Inc. (COR) reported revenue of $136.0 billion for fiscal 2015, the year ended 30 September 2015, up 13.7% on the year before. Net income was -$138 million, and diluted earnings per share $-0.63. The figures are the company's own, from the 10-K it filed with the SEC on 24 November 2015.
Revenue
$136.0 billion
+13.7% on the year
FY2008FY2015
Operating margin
0.3%
0.7% a year earlier
FY2008FY2015
Net income
-$138 million
FY2008FY2015
Diluted EPS
-$0.63
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
135,962
119,569
87,959
+13.7%
Cost of revenue
132,432
116,587
85,451
+13.6%
Gross profit
3,529
2,982
2,508
+18.3%
Gross margin
2.6%
2.5%
2.9%
Selling, general and administrative
1,908
1,581
1,334
+20.7%
Operating income
422
782
898
-46.0%
Operating margin
0.3%
0.7%
1.0%
Pre-tax income
269
670
824
-59.8%
Income tax
407
388
331
+4.9%
Effective tax rate
151.4%
57.9%
40.2%
Net income
-138
274
434
Net margin
-0.1%
0.2%
0.5%
Diluted EPS
-$0.63
$1.16
$1.84
$ 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
3,920
1,463
788
+167.9%
Capital expenditure
232
264
202
-12.4%
Free cash flow
3,689
1,199
586
+207.7%
Free cash flow margin
2.7%
1.0%
0.7%
Cash from investing
-2,931
-384
117
Cash from financing
-632
-503
-741
Depreciation and amortisation
249
189
162
+31.8%
Share-based compensation
60.9
43.1
36.3
+41.4%
Buybacks
1,859
754
484
+146.6%
Dividends paid
254
214
196
+18.4%
Dividend per share
$1.16
$0.94
$0.84
+23.4%
Diluted shares, weighted
218m
235m
235m
-7.5%
Shares outstanding at period end
207m
222m
230m
-6.8%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
616
1,943
2,308
-68.3%
Short-term borrowings
n/a
n/a
0.0
Debt
3,493
1,996
1,397
+75.0%
Other liabilities
23,854
17,594
15,214
+35.6%
Total liabilities and equity
27,963
21,532
18,919
+29.9%
Fixed assets
1,193
900
804
+32.6%
Goodwill
4,144
2,949
2,945
+40.6%
Intangible assets
1,993
533
555
+273.8%
Securities held for sale or to maturity
86.2
0.0
n/a
Cash and equivalents
2,167
1,809
1,231
+19.8%
Receivables
8,223
6,313
6,052
+30.3%
Inventory
9,755
8,594
6,981
+13.5%
Other assets
401
436
351
-7.9%
Total assets
27,963
21,532
18,919
+29.9%
10-K for the year ended 30 September 2015, filed 24 November 2015: the filing.