Everest Group (EG) FY2012 results: revenue $4.9 billion, up 4.9% on the year
Everest Group, Ltd. (EG) reported revenue of $4.9 billion for fiscal 2012, the year ended 31 December 2012, up 4.9% on the year before. Net income was $829 million, and diluted earnings per share $15.79. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2013.
Revenue
$4.9 billion
+4.9% on the year
FY2008FY2012
Operating margin
19.1%
-5.0% a year earlier
FY2008FY2012
Net income
$829 million
FY2008FY2012
Diluted EPS
$15.79
FY2008FY2012
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Revenue
4,923
4,694
4,706
+4.9%
Operating income
940
-234
591
Operating margin
19.1%
-5.0%
12.6%
Interest expense
53.7
52.3
55.8
+2.6%
Pre-tax income
940
-234
591
Income tax
111
-153
-19.5
Effective tax rate
11.8%
n/a
-3.3%
Net income
829
-80.5
611
Net margin
16.8%
-1.7%
13.0%
Diluted EPS
$15.79
-$1.49
$10.70
$ 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
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
664
660
918
+0.7%
Cash from investing
-234
-209
-270
Cash from financing
-369
-234
-654
Share-based compensation
32.0
17.7
14.8
+80.8%
Buybacks
290
92.5
399
+213.5%
Dividends paid
100
103
108
-2.7%
Dividend per share
$1.92
$1.92
$1.92
0.0%
Diluted shares, weighted
52m
54m
57m
-3.4%
Shares outstanding at period end
67m
66m
66m
+1.0%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
6,733
6,071
6,284
+10.9%
Short-term borrowings
n/a
n/a
50.0
Debt
238
238
238
+0.0%
Other liabilities
12,806
12,584
11,836
+1.8%
Total liabilities and equity
19,778
18,894
18,408
+4.7%
Investments
3.3
3.1
2.7
+7.5%
Cash and equivalents
537
449
258
+19.7%
Other assets
19,238
18,442
18,147
+4.3%
Total assets
19,778
18,894
18,408
+4.7%
10-K for the year ended 31 December 2012, filed 1 March 2013: the filing.