National Presto Industries (NPK) FY2015 results: revenue $356 million, up 2.4% on the year
National Presto Industries Inc. (NPK) reported revenue of $356 million for fiscal 2015, the year ended 31 December 2015, up 2.4% on the year before. Net income was $40 million, up 52.9%, and diluted earnings per share $5.83. The figures are the company's own, from the 10-K it filed with the SEC on 15 March 2016.
Revenue
$356 million
+2.4% on the year
FY2009FY2015
Operating margin
17.6%
13.2% a year earlier
FY2009FY2015
Net income
$40 million
+52.9% on the year
FY2009FY2015
Diluted EPS
$5.83
+52.6% 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
356
347
420
+2.4%
Cost of revenue
266
266
341
+0.1%
Gross profit
89.6
81.3
79.4
+10.2%
Gross margin
25.2%
23.4%
18.9%
Selling, general and administrative
21.7
21.4
21.2
+1.5%
Operating income
62.5
45.8
57.6
+36.4%
Operating margin
17.6%
13.2%
13.7%
Pre-tax income
62.9
46.2
58.3
+36.2%
Income tax
20.8
15.4
17.1
+34.4%
Effective tax rate
33.0%
33.4%
29.3%
Net income
40.5
26.5
41.3
+52.9%
Net margin
11.4%
7.6%
9.8%
Diluted EPS
$5.83
$3.82
$5.97
+52.6%
$ 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
46.3
n/a
24.2
Capital expenditure
6.5
11.3
36.3
-42.8%
Free cash flow
39.8
n/a
-12.0
Free cash flow margin
11.2%
n/a
-2.9%
Cash from investing
-16.3
n/a
n/a
Cash from financing
-27.8
n/a
n/a
Depreciation and amortisation
8.8
15.5
8.9
-43.1%
Share-based compensation
0.3
0.3
0.1
+25.7%
Dividends paid
28.1
35.0
n/a
-19.6%
Shares outstanding at period end
7m
7m
7m
+0.3%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
339
325
333
+4.2%
Other liabilities
48.1
48.6
54.2
-1.0%
Total liabilities and equity
387
374
387
+3.6%
Fixed assets
53.2
95.5
89.6
-44.4%
Goodwill
11.5
11.5
11.5
0.0%
Intangible assets
5.5
10.6
24.7
-48.6%
Investments
32.3
22.4
36.4
+44.0%
Cash and equivalents
56.2
54.0
23.0
+4.0%
Receivables
55.6
68.8
84.3
-19.2%
Inventory
88.9
89.1
92.5
-0.2%
Other assets
84.3
22.1
24.8
+280.7%
Total assets
387
374
387
+3.6%
10-K for the year ended 31 December 2015, filed 15 March 2016: the filing.