Edgewell Personal Care (EPC) FY2015 results: revenue $2.4 billion, down 7.3% on the year
Edgewell Personal Care Co. (EPC) reported revenue of $2.4 billion for fiscal 2015, the year ended 30 September 2015, down 7.3% on the year before. Net income was -$275 million, and diluted earnings per share $-4.44. The figures are the company's own, from the 10-K it filed with the SEC on 30 November 2015.
Revenue
$2.4 billion
-7.3% on the year
FY2008FY2015
Operating margin
n/a
FY2008FY2015
Net income
-$275 million
FY2008FY2015
Diluted EPS
-$4.44
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
2,421
2,612
2,449
-7.3%
Cost of revenue
1,237
1,322
1,250
-6.4%
Gross profit
1,184
1,290
1,199
-8.2%
Gross margin
48.9%
49.4%
49.0%
Research and development
71.0
69.5
69.3
+2.2%
Interest expense
99.8
119
127
-16.1%
Pre-tax income
-459
146
205
Income tax
-163
28.1
50.2
Effective tax rate
n/a
19.3%
24.4%
Net income
-275
356
407
Net margin
-11.4%
13.6%
16.6%
Diluted EPS
-$4.44
$5.69
$6.47
$ 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
149
572
750
-74.0%
Capital expenditure
99.4
85.3
90.6
+16.5%
Free cash flow
49.4
487
659
-89.9%
Free cash flow margin
2.0%
18.6%
26.9%
Cash from investing
-175
-263
-89.1
Cash from financing
-327
-148
-378
Depreciation and amortisation
115
136
144
-15.3%
Share-based compensation
32.9
30.2
33.0
+8.9%
Buybacks
175
94.4
0.0
+85.6%
Dividends paid
93.2
124
106
-24.8%
Dividend per share
$1.50
$2.00
$1.70
-25.0%
Diluted shares, weighted
62m
63m
63m
-1.0%
Shares outstanding at period end
60m
62m
n/a
-2.7%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
1,864
2,522
2,454
-26.1%
Debt
1,722
2,288
2,238
-24.8%
Other liabilities
1,406
2,118
2,026
-33.6%
Total liabilities and equity
4,992
6,929
6,717
-28.0%
Fixed assets
499
752
756
-33.6%
Goodwill
1,422
1,487
1,476
-4.4%
Intangible assets
1,408
1,847
1,836
-23.8%
Cash and equivalents
712
1,129
998
-36.9%
Receivables
280
495
481
-43.5%
Inventory
333
617
616
-46.1%
Other assets
338
601
555
-43.8%
Total assets
4,992
6,929
6,717
-28.0%
10-K for the year ended 30 September 2015, filed 30 November 2015: the filing.