Realty Income (O) FY2015 results: revenue $1.0 billion, up 9.6% on the year
Realty Income Corp. (O) reported revenue of $1.0 billion for fiscal 2015, the year ended 31 December 2015, up 9.6% on the year before. Net income was $284 million, up 4.9%, and diluted earnings per share $1.09. The figures are the company's own, from the 10-K it filed with the SEC on 11 February 2016.
Revenue
$1.0 billion
+9.6% on the year
FY2008FY2015
Operating margin
n/a
FY2008FY2015
Net income
$284 million
+4.9% on the year
FY2008FY2015
Diluted EPS
$1.09
+4.8% on the year
FY2008FY2015
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
1,023
934
780
+9.6%
Interest expense
233
216
181
+7.7%
Income tax
3.2
3.5
2.4
-8.4%
Net income
284
271
246
+4.9%
Net margin
27.7%
29.0%
31.5%
Diluted EPS
$1.09
$1.04
$1.06
+4.8%
$ 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
692
628
519
+10.3%
Capital expenditure
11.5
6.0
8.5
+91.3%
Free cash flow
681
622
510
+9.5%
Free cash flow margin
66.5%
66.6%
65.4%
Cash from investing
-1,213
-1,175
-1,332
Cash from financing
523
541
818
-3.2%
Depreciation and amortisation
409
375
307
+9.2%
Share-based compensation
10.4
12.0
20.8
-13.1%
Dividends paid
533
479
409
+11.3%
Diluted shares, weighted
236m
219m
192m
+8.0%
Shares outstanding at period end
250m
225m
207m
+11.4%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
6,532
5,613
5,385
+16.4%
Non-controlling interest
21.7
27.7
35.9
-21.5%
Debt
3,650
3,800
3,200
-3.9%
Other liabilities
1,663
1,572
1,303
+5.8%
Total liabilities and equity
11,866
11,013
9,924
+7.7%
Goodwill
15.3
15.5
15.7
-1.0%
Intangible assets
1,034
1,040
935
-0.5%
Cash and equivalents
50.3
46.2
n/a
+9.0%
Other assets
10,766
9,911
8,973
+8.6%
Total assets
11,866
11,013
9,924
+7.7%
10-K for the year ended 31 December 2015, filed 11 February 2016: the filing.