HCI Group (HCI) FY2015 results: revenue $286 million, up 7.5% on the year
HCI Group, Inc. (HCI) reported revenue of $286 million for fiscal 2015, the year ended 31 December 2015, up 7.5% on the year before. Net income was $66 million, up 5.1%, and diluted earnings per share $5.90. The figures are the company's own, from the 10-K it filed with the SEC on 4 March 2016.
Revenue
$286 million
+7.5% on the year
FY2010FY2015
Operating margin
37.1%
37.9% a year earlier
FY2010FY2015
Net income
$66 million
+5.1% on the year
FY2010FY2015
Diluted EPS
$5.90
+10.1% on the year
FY2010FY2015
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
286
266
241
+7.5%
Operating income
106
101
106
+5.2%
Operating margin
37.1%
37.9%
44.2%
Interest expense
10.8
10.5
3.6
+2.9%
Pre-tax income
106
101
106
+5.2%
Income tax
40.3
38.3
40.9
+5.3%
Effective tax rate
38.0%
37.9%
38.4%
Net income
65.9
62.7
65.6
+5.1%
Net margin
23.0%
23.5%
27.2%
Diluted EPS
$5.90
$5.36
$5.63
+10.1%
$ 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
45.3
88.7
55.5
-49.0%
Capital expenditure
0.8
0.5
3.4
+85.4%
Free cash flow
44.4
88.3
52.0
-49.7%
Free cash flow margin
15.5%
33.2%
21.6%
Cash from investing
n/a
n/a
-90.0
Cash from financing
n/a
n/a
97.8
Depreciation and amortisation
1.3
1.3
1.2
+2.6%
Share-based compensation
5.2
8.1
5.4
-35.7%
Buybacks
0.8
0.6
30.9
+23.2%
Dividends paid
12.4
12.4
10.9
+0.6%
Dividend per share
$1.20
$1.10
$0.95
+9.1%
Diluted shares, weighted
11m
12m
11m
-2.9%
Shares outstanding at period end
10m
10m
11m
+1.0%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
238
183
161
+30.2%
Debt
129
130
127
-0.1%
Other liabilities
270
286
239
-5.8%
Total liabilities and equity
637
599
526
+6.4%
Fixed assets
11.8
12.3
13.1
-4.1%
Securities held for sale or to maturity
125
97.1
112
+28.8%
Cash and equivalents
268
315
293
-14.9%
Other assets
232
174
108
+33.2%
Total assets
637
599
526
+6.4%
10-K for the year ended 31 December 2015, filed 4 March 2016: the filing.