Douglas Emmett (DEI) FY2015 results: revenue $636 million, up 6.0% on the year
Douglas Emmett Inc. (DEI) reported revenue of $636 million for fiscal 2015, the year ended 31 December 2015, up 6.0% on the year before. Net income was $58 million, up 30.8%, and diluted earnings per share $0.39. The figures are the company's own, from the 10-K it filed with the SEC on 19 February 2016.
Revenue
$636 million
+6.0% on the year
FY2008FY2015
Operating margin
29.8%
28.0% a year earlier
FY2008FY2015
Net income
$58 million
+30.8% on the year
FY2008FY2015
Diluted EPS
$0.39
+28.7% 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
636
600
592
+6.0%
Operating income
190
168
179
+12.9%
Operating margin
29.8%
28.0%
30.2%
Interest expense
135
129
131
+5.4%
Net income
58.4
44.6
45.3
+30.8%
Net margin
9.2%
7.4%
7.7%
Diluted EPS
$0.39
$0.30
$0.31
+28.7%
$ 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
271
247
244
+10.0%
Capital expenditure
75.5
84.4
66.9
-10.5%
Free cash flow
196
162
177
+20.7%
Free cash flow margin
30.8%
27.1%
29.9%
Cash from investing
-232
-320
-247
Cash from financing
43.1
47.9
-326
-9.9%
Depreciation and amortisation
205
203
191
+1.4%
Share-based compensation
15.2
13.7
10.0
+11.0%
Dividends paid
123
115
102
+6.5%
Dividend per share
$0.85
$0.81
$0.74
+4.9%
Diluted shares, weighted
151m
176m
175m
-14.5%
Shares outstanding at period end
147m
145m
143m
+1.4%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
1,926
1,943
1,970
-0.9%
Non-controlling interest
355
370
397
-4.0%
Debt
3,611
3,420
3,241
+5.6%
Other liabilities
173
206
239
-15.7%
Total liabilities and equity
6,066
5,939
5,848
+2.1%
Fixed assets
1.4
1.4
n/a
+1.6%
Intangible assets
4.5
3.5
3.7
+27.1%
Cash and equivalents
102
18.8
44.2
+440.8%
Other assets
5,958
5,915
5,800
+0.7%
Total assets
6,066
5,939
5,848
+2.1%
10-K for the year ended 31 December 2015, filed 19 February 2016: the filing.