Edgewell Personal Care (EPC) FY2016 results: revenue $2.4 billion, down 2.4% on the year
Edgewell Personal Care Co. (EPC) reported revenue of $2.4 billion for fiscal 2016, the year ended 30 September 2016, down 2.4% on the year before. Net income was $179 million, and diluted earnings per share $2.99. The figures are the company's own, from the 10-K it filed with the SEC on 18 November 2016.
Revenue
$2.4 billion
-2.4% on the year
FY2009FY2016
Operating margin
n/a
FY2009FY2016
Net income
$179 million
FY2009FY2016
Diluted EPS
$2.99
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
2,362
2,421
2,612
-2.4%
Cost of revenue
1,202
1,237
1,322
-2.9%
Gross profit
1,160
1,184
1,290
-2.0%
Gross margin
49.1%
48.9%
49.4%
Research and development
71.9
71.0
69.5
+1.3%
Interest expense
71.8
99.8
119
-28.1%
Pre-tax income
220
-459
146
Income tax
41.2
-163
28.1
Effective tax rate
18.7%
n/a
19.3%
Net income
179
-275
356
Net margin
7.6%
-11.4%
13.6%
Diluted EPS
$2.99
-$4.44
$5.69
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
187
149
572
+25.5%
Capital expenditure
69.5
99.4
85.3
-30.1%
Free cash flow
117
49.4
487
+137.4%
Free cash flow margin
5.0%
2.0%
18.6%
Cash from investing
-69.5
-175
-263
Cash from financing
-93.4
-327
-148
Depreciation and amortisation
92.6
115
136
-19.7%
Share-based compensation
25.6
32.9
30.2
-22.2%
Buybacks
197
175
94.4
+12.2%
Dividends paid
0.0
93.2
124
Dividend per share
n/a
$1.50
$2.00
Diluted shares, weighted
60m
62m
63m
-3.7%
Shares outstanding at period end
58m
60m
62m
-3.8%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
1,829
1,864
2,522
-1.9%
Debt
1,826
1,722
2,288
+6.1%
Other liabilities
1,116
1,406
2,118
-20.6%
Total liabilities and equity
4,772
4,992
6,929
-4.4%
Fixed assets
486
499
752
-2.6%
Goodwill
1,420
1,422
1,487
-0.1%
Intangible assets
1,385
1,408
1,847
-1.7%
Cash and equivalents
739
712
1,129
+3.8%
Receivables
261
280
495
-6.8%
Inventory
309
333
617
-7.1%
Other assets
171
338
601
-49.3%
Total assets
4,772
4,992
6,929
-4.4%
10-K for the year ended 30 September 2016, filed 18 November 2016: the filing.