Ryman Hospitality Properties (RHP) FY2016 results: revenue $1.1 billion, up 5.2% on the year
Ryman Hospitality Properties, Inc. (RHP) reported revenue of $1.1 billion for fiscal 2016, the year ended 31 December 2016, up 5.2% on the year before. Net income was $159 million, up 42.9%, and diluted earnings per share $3.11. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2017.
Revenue
$1.1 billion
+5.2% on the year
FY2009FY2016
Operating margin
18.7%
14.8% a year earlier
FY2009FY2016
Net income
$159 million
+42.9% on the year
FY2009FY2016
Diluted EPS
$3.11
+44.0% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
1,149
1,092
1,041
+5.2%
Cost of revenue
722
n/a
n/a
Gross profit
427
n/a
n/a
Gross margin
37.1%
n/a
n/a
Operating income
215
162
153
+32.9%
Operating margin
18.7%
14.8%
14.7%
Interest expense
63.9
63.9
61.4
+0.0%
Pre-tax income
163
99.7
125
+63.3%
Income tax
3.4
-11.9
-1.5
Effective tax rate
2.1%
-11.9%
-1.2%
Net income
159
112
126
+42.9%
Net margin
13.9%
10.2%
12.1%
Diluted EPS
$3.11
$2.16
$2.17
+44.0%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
294
238
252
+23.3%
Capital expenditure
118
79.8
58.4
+47.8%
Free cash flow
176
158
194
+11.0%
Free cash flow margin
15.3%
14.5%
18.6%
Cash from investing
-179
-74.6
-59.5
Cash from financing
-112
-184
-178
Depreciation and amortisation
110
114
112
-4.0%
Share-based compensation
6.1
6.2
5.8
-0.5%
Buybacks
24.8
n/a
n/a
Dividends paid
151
131
109
+15.1%
Dividend per share
$3.00
$2.70
$2.20
+11.1%
Diluted shares, weighted
51m
52m
56m
-0.6%
Shares outstanding at period end
51m
51m
51m
-0.5%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
368
380
401
-3.0%
Debt
1,522
1,456
1,340
+4.5%
Other liabilities
515
495
650
+4.0%
Total liabilities and equity
2,406
2,331
2,392
+3.2%
Fixed assets
1,998
1,983
2,036
+0.8%
Cash and equivalents
59.1
56.3
76.4
+5.0%
Inventory
8.1
8.1
7.4
+0.2%
Other assets
341
284
271
+19.8%
Total assets
2,406
2,331
2,392
+3.2%
10-K for the year ended 31 December 2016, filed 28 February 2017: the filing.