Insight Enterprises (NSIT) FY2015 results: revenue $5.4 billion, up 1.1% on the year
Insight Enterprises Inc. (NSIT) reported revenue of $5.4 billion for fiscal 2015, the year ended 31 December 2015, up 1.1% on the year before. Net income was $76 million, up 0.2%, and diluted earnings per share $1.98. The figures are the company's own, from the 10-K it filed with the SEC on 19 February 2016.
Revenue
$5.4 billion
+1.1% on the year
FY2009FY2015
Operating margin
2.4%
2.5% a year earlier
FY2009FY2015
Net income
$76 million
+0.2% on the year
FY2009FY2015
Diluted EPS
$1.98
+8.2% 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
5,373
5,316
5,144
+1.1%
Cost of revenue
4,657
4,604
4,445
+1.1%
Gross profit
716
712
699
+0.6%
Gross margin
13.3%
13.4%
13.6%
Selling, general and administrative
585
577
565
+1.4%
Operating income
127
131
121
-3.4%
Operating margin
2.4%
2.5%
2.4%
Interest expense
7.2
6.0
6.3
+20.0%
Pre-tax income
119
124
115
-4.2%
Income tax
43.3
48.7
43.5
-11.0%
Effective tax rate
36.4%
39.1%
38.0%
Net income
75.9
75.7
71.0
+0.2%
Net margin
1.4%
1.4%
1.4%
Diluted EPS
$1.98
$1.83
$1.64
+8.2%
$ 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
181
110
76.1
+64.2%
Capital expenditure
13.4
10.0
19.0
+34.4%
Free cash flow
168
100
57.0
+67.1%
Free cash flow margin
3.1%
1.9%
1.1%
Cash from investing
n/a
n/a
-19.0
Cash from financing
n/a
n/a
-75.7
Depreciation and amortisation
38.0
40.6
41.5
-6.4%
Share-based compensation
8.9
7.8
6.4
+15.1%
Buybacks
91.8
50.4
57.8
+82.3%
Diluted shares, weighted
38m
41m
43m
-7.5%
Shares outstanding at period end
37m
40m
42m
-7.6%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
686
721
717
-4.9%
Debt
90.5
63.3
66.9
+43.0%
Other liabilities
1,238
1,164
1,084
+6.4%
Total liabilities and equity
2,014
1,948
1,868
+3.4%
Fixed assets
88.3
104
133
-15.3%
Goodwill
56.2
26.3
26.3
+114.0%
Intangible assets
27.0
23.6
35.8
+14.5%
Cash and equivalents
188
165
127
+14.3%
Receivables
1,315
1,309
1,258
+0.4%
Inventory
120
n/a
n/a
Other assets
220
320
288
-31.4%
Total assets
2,014
1,948
1,868
+3.4%
10-K for the year ended 31 December 2015, filed 19 February 2016: the filing.