Everest Group (EG) FY2015 results: revenue $5.7 billion, unchanged on the year
Everest Group, Ltd. (EG) reported revenue of $5.7 billion for fiscal 2015, the year ended 31 December 2015, unchanged on the year before. Net income was $978 million, down 18.5%, and diluted earnings per share $22.10. The figures are the company's own, from the 10-K it filed with the SEC on 29 February 2016.
Revenue
$5.7 billion
-0.0% on the year
FY2008FY2015
Operating margin
19.6%
24.4% a year earlier
FY2008FY2015
Net income
$978 million
-18.5% on the year
FY2008FY2015
Diluted EPS
$22.10
-14.7% 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
5,677
5,679
5,641
-0.0%
Operating income
1,112
1,387
1,555
-19.8%
Operating margin
19.6%
24.4%
27.6%
Interest expense
36.2
38.5
46.1
-6.1%
Pre-tax income
1,112
1,387
1,555
-19.8%
Income tax
134
188
290
-28.6%
Effective tax rate
12.1%
13.5%
18.6%
Net income
978
1,199
1,259
-18.5%
Net margin
17.2%
21.1%
22.3%
Diluted EPS
$22.10
$25.91
$25.44
-14.7%
$ 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
1,108
n/a
1,098
Cash from investing
-681
n/a
n/a
Cash from financing
-573
n/a
n/a
Share-based compensation
21.2
21.2
31.8
+0.2%
Buybacks
400
500
622
-20.0%
Dividends paid
175
146
107
+20.0%
Dividend per share
$4.00
$3.20
$2.19
+25.0%
Diluted shares, weighted
44m
46m
49m
-4.4%
Shares outstanding at period end
69m
68m
68m
+0.4%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
7,609
7,451
6,968
+2.1%
Redeemable equity
757
422
n/a
+79.5%
Debt
236
238
238
-0.8%
Other liabilities
11,949
12,707
12,601
-6.0%
Total liabilities and equity
20,551
20,818
19,808
-1.3%
Investments
4.0
14.3
10.6
-71.8%
Cash and equivalents
284
437
611
-35.2%
Other assets
20,263
20,366
19,186
-0.5%
Total assets
20,551
20,818
19,808
-1.3%
10-K for the year ended 31 December 2015, filed 29 February 2016: the filing.