Omega Healthcare Investors (OHI) FY2015 results: revenue $744 million, up 47.3% on the year
Omega Healthcare Investors Inc. (OHI) reported revenue of $744 million for fiscal 2015, the year ended 31 December 2015, up 47.3% on the year before. Net income was $225 million, up 1.4%, and diluted earnings per share $1.29. The figures are the company's own, from the 10-K it filed with the SEC on 29 February 2016.
Revenue
$744 million
+47.3% on the year
FY2008FY2015
Operating margin
55.3%
68.4% a year earlier
FY2008FY2015
Net income
$225 million
+1.4% on the year
FY2008FY2015
Diluted EPS
$1.29
-25.9% 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
744
505
419
+47.3%
Operating income
411
345
266
+19.1%
Operating margin
55.3%
68.4%
63.5%
Interest expense
147
119
100
+23.5%
Pre-tax income
235
221
173
+6.0%
Income tax
1.2
n/a
n/a
Effective tax rate
0.5%
n/a
n/a
Net income
225
221
173
+1.4%
Net margin
30.2%
43.8%
41.2%
Diluted EPS
$1.29
$1.74
$1.46
-25.9%
$ 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
464
338
280
+37.4%
Capital expenditure
26.4
17.9
31.3
+47.3%
Free cash flow
437
320
249
+36.9%
Free cash flow margin
58.8%
63.3%
59.4%
Cash from investing
-397
-548
-599
Cash from financing
-65.3
212
320
Depreciation and amortisation
211
123
129
+70.9%
Share-based compensation
11.1
8.6
5.9
+29.6%
Dividends paid
358
259
218
+38.6%
Dividend per share
$2.18
$2.02
$1.86
+7.9%
Diluted shares, weighted
181m
127m
118m
+41.8%
Shares outstanding at period end
187m
128m
124m
+46.9%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
3,738
1,401
1,300
+166.7%
Non-controlling interest
363
n/a
n/a
Debt
3,569
2,379
2,024
+50.1%
Other liabilities
320
142
138
+125.6%
Total liabilities and equity
7,990
3,922
3,462
+103.7%
Goodwill
646
n/a
n/a
Cash and equivalents
5.4
4.5
2.6
+20.8%
Other assets
7,339
3,917
3,460
+87.4%
Total assets
7,990
3,922
3,462
+103.7%
10-K for the year ended 31 December 2015, filed 29 February 2016: the filing.