Rockwell Automation (ROK) FY2015 results: revenue $6.3 billion, down 4.8% on the year
Rockwell Automation, Inc. (ROK) reported revenue of $6.3 billion for fiscal 2015, the year ended 30 September 2015, down 4.8% on the year before. Net income was $828 million, up 0.1%, and diluted earnings per share $6.09. The figures are the company's own, from the 10-K it filed with the SEC on 17 November 2015.
Revenue
$6.3 billion
-4.8% on the year
FY2008FY2015
Operating margin
n/a
FY2008FY2015
Net income
$828 million
+0.1% on the year
FY2008FY2015
Diluted EPS
$6.09
+3.0% 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
6,308
6,624
6,352
-4.8%
Cost of revenue
3,605
3,870
3,778
-6.8%
Gross profit
2,703
2,754
2,574
-1.8%
Gross margin
42.9%
41.6%
40.5%
Research and development
307
290
261
+5.9%
Selling, general and administrative
1,506
1,570
1,538
-4.1%
Interest expense
63.7
59.3
60.9
+7.4%
Pre-tax income
1,128
1,134
981
-0.6%
Income tax
300
307
225
-2.4%
Effective tax rate
26.6%
27.1%
22.9%
Net income
828
827
756
+0.1%
Net margin
13.1%
12.5%
11.9%
Diluted EPS
$6.09
$5.91
$5.36
+3.0%
$ 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
1,188
1,033
1,008
+14.9%
Capital expenditure
123
141
146
-12.8%
Free cash flow
1,065
892
862
+19.3%
Free cash flow margin
16.9%
13.5%
13.6%
Depreciation and amortisation
162
152
145
+6.6%
Share-based compensation
41.5
42.5
41.1
-2.4%
Buybacks
598
486
403
+23.2%
Dividends paid
350
320
276
+9.2%
Dividend per share
$2.60
$2.32
$1.98
+12.1%
Diluted shares, weighted
136m
140m
141m
-2.9%
Shares outstanding at period end
132m
137m
139m
-3.1%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
2,257
2,658
2,586
-15.1%
Debt
1,501
1,225
1,084
+22.5%
Other liabilities
2,647
2,346
2,175
+12.8%
Total liabilities and equity
6,405
6,230
5,845
+2.8%
Fixed assets
606
633
616
-4.3%
Goodwill
1,029
1,051
1,023
-2.1%
Intangible assets
230
246
213
-6.8%
Investments
722
628
373
+14.9%
Cash and equivalents
1,427
1,191
1,201
+19.8%
Receivables
1,041
1,216
1,186
-14.4%
Inventory
536
588
615
-9.0%
Other assets
815
676
618
+20.6%
Total assets
6,405
6,230
5,845
+2.8%
10-K for the year ended 30 September 2015, filed 17 November 2015: the filing.