Eagle Materials (EXP) FY2013 results: revenue $643 million, up 29.8% on the year
Eagle Materials Inc. (EXP) reported revenue of $643 million for fiscal 2013, the year ended 31 March 2013, up 29.8% on the year before. Net income was $58 million, up 208.3%, and diluted earnings per share $1.22. The figures are the company's own, from the 10-K it filed with the SEC on 24 May 2013.
Revenue
$643 million
+29.8% on the year
FY2009FY2013
Operating margin
20.9%
14.0% a year earlier
FY2009FY2013
Net income
$58 million
+208.3% on the year
FY2009FY2013
Diluted EPS
$1.22
+190.5% on the year
FY2009FY2013
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
643
495
462
+29.8%
Cost of revenue
539
455
427
+18.6%
Gross profit
103
40.5
35.6
+155.1%
Gross margin
16.1%
8.2%
7.7%
Selling, general and administrative
63.1
47.3
43.5
+33.3%
Operating income
135
69.4
60.6
+93.9%
Operating margin
20.9%
14.0%
13.1%
Interest expense
15.8
16.6
16.5
-4.8%
Income tax
26.4
3.2
1.9
+728.7%
Net income
57.7
18.7
14.8
+208.3%
Net margin
9.0%
3.8%
3.2%
Diluted EPS
$1.22
$0.42
$0.34
+190.5%
$ 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
124
60.9
44.1
+104.4%
Capital expenditure
53.0
26.1
17.2
+103.1%
Free cash flow
71.4
34.8
26.9
+105.4%
Free cash flow margin
11.1%
7.0%
5.8%
Cash from investing
-506
-26.1
-16.6
Cash from financing
379
-30.1
-27.0
Depreciation and amortisation
56.9
50.1
49.2
+13.4%
Share-based compensation
9.0
5.5
3.6
+63.4%
Dividends paid
18.5
17.9
17.6
+3.7%
Dividend per share
$0.40
$0.40
$0.40
0.0%
Diluted shares, weighted
47m
45m
44m
+6.3%
Shares outstanding at period end
50m
45m
44m
+9.4%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
696
473
462
+47.3%
Debt
489
267
287
+83.3%
Other liabilities
291
246
237
+18.4%
Total liabilities and equity
1,476
985
986
+49.8%
Fixed assets
986
581
603
+69.8%
Goodwill
133
133
133
0.0%
Cash and equivalents
3.9
6.5
1.9
-39.9%
Inventory
156
124
115
+26.5%
Other assets
198
142
133
+39.2%
Total assets
1,476
985
986
+49.8%
10-K for the year ended 31 March 2013, filed 24 May 2013: the filing.