Omnicom Group (OMC) FY2015 results: revenue $15.1 billion, down 1.2% on the year
Omnicom Group Inc. (OMC) reported revenue of $15.1 billion for fiscal 2015, the year ended 31 December 2015, down 1.2% on the year before. Net income was $1.1 billion, down 0.9%, and diluted earnings per share $4.41. The figures are the company's own, from the 10-K it filed with the SEC on 9 February 2016.
Revenue
$15.1 billion
-1.2% on the year
FY2008FY2015
Operating margin
12.7%
12.7% a year earlier
FY2008FY2015
Net income
$1.1 billion
-0.9% on the year
FY2008FY2015
Diluted EPS
$4.41
+4.0% 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
15,134
15,318
14,584
-1.2%
Cost of revenue
12,491
12,602
n/a
-0.9%
Gross profit
2,643
2,716
n/a
-2.7%
Gross margin
17.5%
17.7%
n/a
Selling, general and administrative
432
477
n/a
-9.5%
Operating income
1,920
1,944
1,825
-1.2%
Operating margin
12.7%
12.7%
12.5%
Interest expense
181
177
197
+2.2%
Pre-tax income
1,779
1,810
1,661
-1.7%
Income tax
584
593
565
-1.6%
Effective tax rate
32.8%
32.8%
34.0%
Net income
1,094
1,104
991
-0.9%
Net margin
7.2%
7.2%
6.8%
Diluted EPS
$4.41
$4.24
$3.71
+4.0%
$ 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
2,200
1,476
1,809
+49.0%
Capital expenditure
203
213
212
-4.8%
Free cash flow
1,997
1,264
1,597
+58.0%
Free cash flow margin
13.2%
8.2%
10.9%
Cash from investing
-264
-267
-228
Cash from financing
-1,456
-1,258
-1,420
Depreciation and amortisation
291
294
285
-1.1%
Share-based compensation
99.4
93.5
86.3
+6.3%
Buybacks
728
1,063
575
-31.6%
Dividends paid
497
468
318
+6.1%
Dividend per share
$2.00
$1.90
$1.60
+5.3%
Diluted shares, weighted
245m
255m
260m
-4.0%
Shares outstanding at period end
240m
247m
258m
-2.8%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
2,452
2,850
3,582
-14.0%
Non-controlling interest
437
471
486
-7.3%
Debt
4,571
4,550
4,040
+0.5%
Other liabilities
14,650
13,557
13,991
+8.1%
Total liabilities and equity
22,111
21,428
22,099
+3.2%
Fixed assets
693
708
737
-2.2%
Goodwill
8,676
8,822
8,916
-1.7%
Intangible assets
345
389
386
-11.5%
Investments
14.5
2.2
18.2
+559.1%
Cash and equivalents
2,605
2,388
2,710
+9.1%
Receivables
7,221
6,525
6,633
+10.7%
Other assets
2,556
2,594
2,698
-1.4%
Total assets
22,111
21,428
22,099
+3.2%
10-K for the year ended 31 December 2015, filed 9 February 2016: the filing.