Costar Group (CSGP) FY2016 results: revenue $838 million, up 17.7% on the year
Costar Group, Inc. (CSGP) reported revenue of $838 million for fiscal 2016, the year ended 31 December 2016, up 17.7% on the year before. Net income was $85 million, and diluted earnings per share $0.26. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2017.
Revenue
$838 million
+17.7% on the year
FY2009FY2016
Operating margin
17.3%
1.6% a year earlier
FY2009FY2016
Net income
$85 million
FY2009FY2016
Diluted EPS
$0.26
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
838
712
576
+17.7%
Cost of revenue
174
189
157
-8.0%
Gross profit
664
523
419
+27.0%
Gross margin
79.2%
73.5%
72.7%
Operating income
145
11.5
80.9
+1,165.0%
Operating margin
17.3%
1.6%
14.0%
Interest expense
10.0
9.4
10.5
+6.4%
Pre-tax income
137
90.0
151
+51.9%
Income tax
51.6
6.0
26.0
+753.3%
Effective tax rate
37.8%
6.7%
17.2%
Net income
85.1
-3.5
44.9
Net margin
10.2%
-0.5%
7.8%
Diluted EPS
$0.26
-$0.01
$0.15
$ 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
201
140
144
+43.5%
Capital expenditure
18.8
35.1
27.4
-46.5%
Free cash flow
182
105
116
+73.7%
Free cash flow margin
21.7%
14.7%
20.2%
Cash from investing
-23.3
-216
-606
Cash from financing
-30.6
-29.0
734
Depreciation and amortisation
70.2
78.5
70.4
-10.7%
Share-based compensation
36.3
34.5
28.3
+5.2%
Diluted shares, weighted
324m
320m
306m
+1.5%
Shares outstanding at period end
326m
325m
323m
+0.3%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
1,654
1,544
1,514
+7.2%
Debt
338
355
372
-4.7%
Other liabilities
193
181
185
+6.5%
Total liabilities and equity
2,185
2,080
2,070
+5.1%
Fixed assets
87.6
88.3
73.8
-0.8%
Goodwill
1,255
1,253
1,139
+0.2%
Intangible assets
196
238
242
-17.8%
Investments
10.0
15.5
17.2
-35.8%
Cash and equivalents
567
422
527
+34.5%
Receivables
48.5
40.3
38.7
+20.5%
Other assets
21.0
22.4
33.4
-6.4%
Total assets
2,185
2,080
2,070
+5.1%
10-K for the year ended 31 December 2016, filed 24 February 2017: the filing.