Enpro (NPO) FY2015 results: revenue $1.2 billion, down 1.2% on the year
Enpro Inc. (NPO) reported revenue of $1.2 billion for fiscal 2015, the year ended 31 December 2015, down 1.2% on the year before. Net income was -$21 million, and diluted earnings per share $-0.93. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2016.
Revenue
$1.2 billion
-1.2% on the year
FY2009FY2015
Operating margin
3.1%
5.2% a year earlier
FY2009FY2015
Net income
-$21 million
FY2009FY2015
Diluted EPS
-$0.93
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
1,204
1,219
1,144
-1.2%
Cost of revenue
809
803
763
+0.8%
Gross profit
396
417
381
-5.1%
Gross margin
32.8%
34.2%
33.3%
Research and development
22.5
20.0
11.3
+12.5%
Selling, general and administrative
303
320
286
-5.2%
Operating income
37.6
63.4
86.4
-40.7%
Operating margin
3.1%
5.2%
7.6%
Interest expense
52.8
45.1
45.1
+17.1%
Pre-tax income
-18.6
32.6
35.8
Income tax
2.3
10.6
8.4
-78.3%
Effective tax rate
n/a
32.5%
23.5%
Net income
-20.9
22.0
27.4
Net margin
-1.7%
1.8%
2.4%
Diluted EPS
-$0.93
$0.85
$1.17
$ 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
86.5
32.2
69.9
+168.6%
Capital expenditure
36.8
41.8
30.7
-12.0%
Free cash flow
49.7
-9.6
39.2
Free cash flow margin
4.1%
-0.8%
3.4%
Depreciation and amortisation
58.1
57.5
56.6
+1.0%
Share-based compensation
4.1
9.8
6.0
-58.2%
Buybacks
85.3
0.0
0.0
Dividends paid
18.0
0.0
0.0
Dividend per share
$0.80
$0.00
n/a
Diluted shares, weighted
22m
26m
24m
-12.8%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
460
624
584
-26.3%
Redeemable equity
0.0
1.0
15.9
Short-term borrowings
24.3
23.6
n/a
+3.0%
Debt
356
321
446
+11.0%
Other liabilities
658
634
352
+3.8%
Total liabilities and equity
1,499
1,604
1,398
-6.6%
Fixed assets
212
199
188
+6.1%
Goodwill
196
232
220
-15.7%
Cash and equivalents
103
194
64.4
-46.8%
Inventory
178
160
149
+11.7%
Other assets
810
818
777
-1.1%
Total assets
1,499
1,604
1,398
-6.6%
10-K for the year ended 31 December 2015, filed 26 February 2016: the filing.