Costar Group (CSGP) FY2014 results: revenue $576 million, up 30.6% on the year
Costar Group, Inc. (CSGP) reported revenue of $576 million for fiscal 2014, the year ended 31 December 2014, up 30.6% on the year before. Net income was $45 million, up 50.9%, and diluted earnings per share $0.15. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2015.
Revenue
$576 million
+30.6% on the year
FY2009FY2014
Operating margin
14.0%
12.3% a year earlier
FY2009FY2014
Net income
$45 million
+50.9% on the year
FY2009FY2014
Diluted EPS
$0.15
+39.0% on the year
FY2009FY2014
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Revenue
576
441
350
+30.6%
Cost of revenue
157
129
115
+21.5%
Gross profit
419
312
235
+34.4%
Gross margin
72.7%
70.7%
67.2%
Operating income
80.9
54.2
27.4
+49.3%
Operating margin
14.0%
12.3%
7.8%
Interest expense
10.5
6.9
4.8
+51.0%
Pre-tax income
151
94.2
60.2
+60.5%
Income tax
26.0
17.8
13.2
+46.3%
Effective tax rate
17.2%
18.9%
22.0%
Net income
44.9
29.7
9.9
+50.9%
Net margin
7.8%
6.7%
2.8%
Diluted EPS
$0.15
$0.10
$0.04
+39.0%
$ 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
FY2014
FY2013
FY2012
On the year
Last 8 years
Operating cash flow
144
108
86.1
+32.9%
Capital expenditure
27.4
19.0
14.8
+44.1%
Free cash flow
116
89.3
71.3
+30.5%
Free cash flow margin
20.2%
20.2%
20.4%
Cash from investing
-606
-19.0
-640
Cash from financing
734
10.4
165
+6,949.6%
Depreciation and amortisation
70.4
13.0
10.5
+441.7%
Share-based compensation
28.3
41.5
12.3
-32.0%
Diluted shares, weighted
306m
282m
269m
+8.6%
Shares outstanding at period end
323m
288m
283m
+12.0%
Balance sheet
$ million
FY2014
FY2013
FY2012
On the year
Last 8 years
Shareholders' equity
1,514
928
826
+63.1%
Debt
372
153
171
+142.8%
Other liabilities
185
176
168
+5.2%
Total liabilities and equity
2,070
1,257
1,165
+64.7%
Fixed assets
73.8
57.7
46.3
+27.8%
Goodwill
1,139
719
718
+58.5%
Intangible assets
242
144
171
+67.2%
Investments
17.2
22.0
21.7
-22.0%
Cash and equivalents
527
256
156
+105.9%
Receivables
38.7
20.8
16.4
+86.4%
Other assets
33.4
37.5
36.0
-10.8%
Total assets
2,070
1,257
1,165
+64.7%
10-K for the year ended 31 December 2014, filed 26 February 2015: the filing.