EnerSys (ENS) FY2015 results: revenue $2.5 billion, up 1.3% on the year
EnerSys (ENS) reported revenue of $2.5 billion for fiscal 2015, the year ended 31 March 2015, up 1.3% on the year before. Net income was $181 million, up 20.5%, and diluted earnings per share $3.77. The figures are the company's own, from the 10-K it filed with the SEC on 27 May 2015.
Revenue
$2.5 billion
+1.3% on the year
FY2009FY2015
Operating margin
10.5%
7.9% a year earlier
FY2009FY2015
Net income
$181 million
+20.5% on the year
FY2009FY2015
Diluted EPS
$3.77
+24.8% on the year
FY2009FY2015
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
2,506
2,474
2,278
+1.3%
Cost of revenue
1,865
1,845
1,708
+1.1%
Gross profit
641
630
569
+1.8%
Gross margin
25.6%
25.4%
25.0%
Operating income
263
195
250
+35.4%
Operating margin
10.5%
7.9%
11.0%
Interest expense
19.6
17.1
18.7
+14.8%
Pre-tax income
249
164
230
+52.3%
Income tax
67.8
17.0
65.3
+299.4%
Effective tax rate
27.2%
10.4%
28.4%
Net income
181
150
167
+20.5%
Net margin
7.2%
6.1%
7.3%
Diluted EPS
$3.77
$3.02
$3.42
+24.8%
$ 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
194
194
244
+0.4%
Capital expenditure
63.6
62.0
55.3
+2.6%
Free cash flow
131
132
189
-0.6%
Free cash flow margin
5.2%
5.3%
8.3%
Cash from investing
-59.6
-232
-55.1
Cash from financing
-59.3
21.6
-96.0
Depreciation and amortisation
57.0
54.0
50.5
+5.7%
Share-based compensation
25.3
16.7
14.7
+50.9%
Buybacks
205
69.9
22.6
+193.9%
Dividends paid
31.7
23.7
0.0
+34.0%
Dividend per share
$0.70
$0.50
$0.00
+40.0%
Diluted shares, weighted
48m
50m
49m
-3.5%
Shares outstanding at period end
44m
47m
48m
-6.1%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
1,039
1,246
1,169
-16.6%
Non-controlling interest
5.5
5.9
5.9
-5.9%
Redeemable equity
7.0
8.0
11.1
-13.6%
Debt
513
322
178
+59.4%
Other liabilities
572
740
624
-22.7%
Total liabilities and equity
2,137
2,322
1,988
-8.0%
Fixed assets
357
370
350
-3.6%
Goodwill
370
426
345
-13.2%
Intangible assets
158
172
104
-8.3%
Cash and equivalents
269
240
249
+12.0%
Receivables
518
565
448
-8.2%
Inventory
337
362
354
-6.9%
Other assets
128
187
137
-31.6%
Total assets
2,137
2,322
1,988
-8.0%
10-K for the year ended 31 March 2015, filed 27 May 2015: the filing.