Realty Income (O) FY2013 results: revenue $780 million, up 61.0% on the year
Realty Income Corp. (O) reported revenue of $780 million for fiscal 2013, the year ended 31 December 2013, up 61.0% on the year before. Net income was $246 million, up 54.3%, and diluted earnings per share $1.06. The figures are the company's own, from the 10-K it filed with the SEC on 14 February 2014.
Revenue
$780 million
+61.0% on the year
FY2008FY2013
Operating margin
n/a
FY2008FY2013
Net income
$246 million
+54.3% on the year
FY2008FY2013
Diluted EPS
$1.06
+23.3% on the year
FY2008FY2013
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Revenue
780
485
412
+61.0%
Interest expense
181
123
108
+47.3%
Income tax
2.4
1.1
1.5
+121.5%
Net income
246
159
157
+54.3%
Net margin
31.5%
32.8%
38.1%
Diluted EPS
$1.06
$0.86
$1.05
+23.3%
$ 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
FY2013
FY2012
FY2011
On the year
Last 8 years
Operating cash flow
519
326
299
+58.9%
Capital expenditure
8.5
6.6
4.2
+29.8%
Free cash flow
510
320
295
+59.5%
Free cash flow margin
65.4%
66.0%
71.5%
Cash from investing
-1,332
-1,008
-935
Cash from financing
818
683
622
+19.8%
Depreciation and amortisation
307
148
117
+107.8%
Share-based compensation
20.8
10.0
7.9
+107.8%
Dividends paid
409
236
219
+73.1%
Diluted shares, weighted
192m
133m
126m
+44.3%
Shares outstanding at period end
207m
133m
133m
+55.5%
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
5,385
2,413
2,255
+123.2%
Non-controlling interest
35.9
n/a
n/a
Debt
3,200
2,550
2,055
+25.5%
Other liabilities
1,303
467
109
+179.3%
Total liabilities and equity
9,924
5,429
4,419
+82.8%
Goodwill
15.7
16.9
17.2
-7.6%
Intangible assets
935
242
n/a
+286.4%
Other assets
8,973
5,170
4,402
+73.6%
Total assets
9,924
5,429
4,419
+82.8%
10-K for the year ended 31 December 2013, filed 14 February 2014: the filing.