Edgewell Personal Care (EPC) FY2013 results: revenue $2.4 billion, down 46.4% on the year
Edgewell Personal Care Co. (EPC) reported revenue of $2.4 billion for fiscal 2013, the year ended 30 September 2013, down 46.4% on the year before. Net income was $407 million, down 0.5%, and diluted earnings per share $6.47. The figures are the company's own, from the 10-K it filed with the SEC on 21 November 2013.
Revenue
$2.4 billion
-46.4% on the year
FY2008FY2013
Operating margin
n/a
FY2008FY2013
Net income
$407 million
-0.5% on the year
FY2008FY2013
Diluted EPS
$6.47
+4.0% on the year
FY2008FY2013
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Revenue
2,449
4,567
4,646
-46.4%
Cost of revenue
1,250
2,429
2,500
-48.6%
Gross profit
1,199
2,138
2,146
-43.9%
Gross margin
49.0%
46.8%
46.2%
Research and development
69.3
112
108
-38.4%
Interest expense
127
127
121
-0.5%
Pre-tax income
205
565
406
-63.7%
Income tax
50.2
156
145
-67.9%
Effective tax rate
24.4%
27.7%
35.7%
Net income
407
409
261
-0.5%
Net margin
16.6%
9.0%
5.6%
Diluted EPS
$6.47
$6.22
$3.72
+4.0%
$ 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
FY2013
FY2012
FY2011
On the year
Last 8 years
Operating cash flow
750
632
412
+18.7%
Capital expenditure
90.6
111
98.0
-18.4%
Free cash flow
659
521
314
+26.7%
Free cash flow margin
26.9%
11.4%
6.8%
Cash from investing
-89.1
-94.9
-364
Cash from financing
-378
-283
-202
Depreciation and amortisation
144
162
181
-10.9%
Share-based compensation
33.0
44.9
37.3
-26.5%
Buybacks
0.0
418
276
Dividends paid
106
24.9
0.0
+324.1%
Dividend per share
$1.70
n/a
n/a
Diluted shares, weighted
63m
66m
70m
-4.3%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
2,454
2,070
2,101
+18.6%
Debt
2,238
2,532
2,368
-11.6%
Other liabilities
2,026
2,129
2,062
-4.8%
Total liabilities and equity
6,717
6,731
6,532
-0.2%
Fixed assets
756
848
885
-10.9%
Goodwill
1,476
1,470
1,475
+0.4%
Intangible assets
1,836
1,854
1,878
-1.0%
Cash and equivalents
998
718
471
+38.9%
Receivables
481
677
710
-29.0%
Inventory
616
672
653
-8.3%
Other assets
555
492
458
+12.9%
Total assets
6,717
6,731
6,532
-0.2%
10-K for the year ended 30 September 2013, filed 21 November 2013: the filing.