Rockwell Automation (ROK) FY2012 results: revenue $6.3 billion, up 4.3% on the year
Rockwell Automation, Inc. (ROK) reported revenue of $6.3 billion for fiscal 2012, the year ended 30 September 2012, up 4.3% on the year before. Net income was $737 million, up 5.6%, and diluted earnings per share $5.13. The figures are the company's own, from the 10-K it filed with the SEC on 19 November 2012.
Revenue
$6.3 billion
+4.3% on the year
FY2007FY2012
Operating margin
n/a
FY2007FY2012
Net income
$737 million
+5.6% on the year
FY2007FY2012
Diluted EPS
$5.13
+6.9% on the year
FY2007FY2012
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Revenue
6,259
6,000
4,857
+4.3%
Cost of revenue
3,737
3,610
2,921
+3.5%
Gross profit
2,523
2,390
1,936
+5.5%
Gross margin
40.3%
39.8%
39.9%
Research and development
248
244
199
+1.5%
Selling, general and administrative
1,492
1,461
1,323
+2.1%
Interest expense
60.1
59.5
60.5
+1.0%
Pre-tax income
966
868
544
+11.3%
Income tax
229
170
104
+34.3%
Effective tax rate
23.7%
19.7%
19.1%
Net income
737
698
464
+5.6%
Net margin
11.8%
11.6%
9.6%
Diluted EPS
$5.13
$4.80
$3.22
+6.9%
$ 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
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
718
640
493
+12.1%
Capital expenditure
140
120
99.4
+16.2%
Free cash flow
578
520
394
+11.2%
Free cash flow margin
9.2%
8.7%
8.1%
Depreciation and amortisation
139
131
127
+5.6%
Share-based compensation
43.5
39.5
36.3
+10.1%
Buybacks
259
299
119
-13.2%
Dividends paid
247
211
174
+17.3%
Dividend per share
$1.75
$1.48
$1.22
+18.3%
Diluted shares, weighted
143m
145m
144m
-1.2%
Shares outstanding at period end
140m
142m
142m
-1.5%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
1,852
1,748
1,460
+5.9%
Debt
1,062
905
905
+17.3%
Other liabilities
2,723
2,632
2,383
+3.5%
Total liabilities and equity
5,636
5,285
4,748
+6.7%
Fixed assets
587
561
537
+4.6%
Goodwill
949
953
912
-0.4%
Intangible assets
210
218
217
-3.9%
Investments
350
0.0
n/a
Cash and equivalents
904
989
813
-8.6%
Receivables
1,187
1,063
859
+11.7%
Inventory
619
642
603
-3.5%
Other assets
831
859
806
-3.3%
Total assets
5,636
5,285
4,748
+6.7%
10-K for the year ended 30 September 2012, filed 19 November 2012: the filing.