Eagle Materials (EXP) FY2015 results: revenue $1.1 billion, up 18.7% on the year
Eagle Materials Inc. (EXP) reported revenue of $1.1 billion for fiscal 2015, the year ended 31 March 2015, up 18.7% on the year before. Net income was $187 million, up 50.4%, and diluted earnings per share $3.71. The figures are the company's own, from the 10-K it filed with the SEC on 22 May 2015.
Revenue
$1.1 billion
+18.7% on the year
FY2009FY2015
Operating margin
28.3%
25.0% a year earlier
FY2009FY2015
Net income
$187 million
+50.4% on the year
FY2009FY2015
Diluted EPS
$3.71
+49.0% on the year
FY2009FY2015
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
1,066
898
643
+18.7%
Cost of revenue
812
713
539
+13.9%
Gross profit
254
185
103
+37.0%
Gross margin
23.8%
20.6%
16.1%
Selling, general and administrative
80.1
74.7
63.1
+7.2%
Operating income
302
225
135
+34.6%
Operating margin
28.3%
25.0%
20.9%
Interest expense
11.7
18.3
15.8
-35.8%
Income tax
66.1
57.6
26.4
+14.8%
Net income
187
124
57.7
+50.4%
Net margin
17.5%
13.8%
9.0%
Diluted EPS
$3.71
$2.49
$1.22
+49.0%
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
234
171
124
+37.2%
Capital expenditure
112
59.5
53.0
+87.5%
Free cash flow
123
111
71.4
+10.3%
Free cash flow margin
11.5%
12.4%
11.1%
Cash from investing
n/a
n/a
-506
Cash from financing
n/a
n/a
379
Depreciation and amortisation
76.3
70.0
56.9
+9.0%
Share-based compensation
13.0
10.1
9.0
+28.6%
Dividends paid
20.1
19.9
18.5
+0.9%
Dividend per share
$0.40
$0.40
$0.40
0.0%
Diluted shares, weighted
50m
50m
47m
+0.9%
Shares outstanding at period end
50m
50m
50m
+0.4%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
1,011
831
696
+21.5%
Debt
513
381
489
+34.5%
Other liabilities
359
299
291
+20.2%
Total liabilities and equity
1,883
1,512
1,476
+24.5%
Fixed assets
1,222
984
986
+24.2%
Goodwill
133
133
133
0.0%
Cash and equivalents
7.5
6.5
3.9
+15.9%
Inventory
235
187
156
+25.9%
Other assets
285
201
198
+41.7%
Total assets
1,883
1,512
1,476
+24.5%
10-K for the year ended 31 March 2015, filed 22 May 2015: the filing.