Edgewell Personal Care (EPC) FY2018 results: revenue $2.2 billion, down 2.8% on the year
Edgewell Personal Care Co. (EPC) reported revenue of $2.2 billion for fiscal 2018, the year ended 30 September 2018, down 2.8% on the year before. Net income was $103 million, up 1712.3%, and diluted earnings per share $1.90. The figures are the company's own, from the 10-K it filed with the SEC on 26 November 2019.
Revenue
$2.2 billion
-2.8% on the year
FY2011FY2018
Operating margin
n/a
FY2011FY2018
Net income
$103 million
+1,712.3% on the year
FY2011FY2018
Diluted EPS
$1.90
+1,800.0% on the year
FY2011FY2018
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Revenue
2,234
2,298
2,362
-2.8%
Cost of revenue
1,202
1,172
1,202
+2.5%
Gross profit
1,033
1,126
1,160
-8.3%
Gross margin
46.2%
49.0%
49.1%
Research and development
61.1
67.6
71.9
-9.6%
Interest expense
68.0
69.2
71.8
-1.7%
Pre-tax income
164
-52.9
220
Income tax
60.5
-58.6
41.2
Effective tax rate
36.9%
n/a
18.7%
Net income
103
5.7
179
+1,712.3%
Net margin
4.6%
0.2%
7.6%
Diluted EPS
$1.90
$0.10
$2.99
+1,800.0%
$ 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
FY2018
FY2017
FY2016
On the year
Last 8 years
Operating cash flow
259
314
187
-17.3%
Capital expenditure
62.0
69.0
69.5
-10.1%
Free cash flow
197
245
117
-19.3%
Free cash flow margin
8.8%
10.6%
5.0%
Cash from investing
-119
-84.6
-69.5
Cash from financing
-380
-478
-93.4
Depreciation and amortisation
97.6
94.4
92.6
+3.4%
Share-based compensation
17.0
22.2
25.6
-23.4%
Buybacks
124
165
197
-24.8%
Dividends paid
0.0
0.0
0.0
Diluted shares, weighted
54m
58m
60m
-5.2%
Shares outstanding at period end
54m
56m
58m
-3.5%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
1,745
1,742
1,829
+0.2%
Debt
1,292
1,525
1,826
-15.3%
Other liabilities
917
922
1,116
-0.5%
Total liabilities and equity
3,953
4,189
4,772
-5.6%
Fixed assets
424
453
486
-6.5%
Goodwill
1,451
1,446
1,420
+0.3%
Intangible assets
1,099
1,072
1,385
+2.5%
Cash and equivalents
266
503
739
-47.0%
Receivables
226
224
261
+1.1%
Inventory
330
334
309
-1.2%
Other assets
157
157
171
-0.2%
Total assets
3,953
4,189
4,772
-5.6%
10-K for the year ended 30 September 2018, filed 26 November 2019: the filing.