Sabra Health Care REIT (SBRA) FY2015 results: revenue $239 million, up 30.2% on the year
Sabra Health Care REIT, Inc. (SBRA) reported revenue of $239 million for fiscal 2015, the year ended 31 December 2015, up 30.2% on the year before. Net income was $79 million, up 69.1%, and diluted earnings per share $1.11. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2016.
Revenue
$239 million
+30.2% on the year
FY2011FY2015
Operating margin
n/a
FY2011FY2015
Net income
$79 million
+69.1% on the year
FY2011FY2015
Diluted EPS
$1.11
+42.3% on the year
FY2011FY2015
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
239
184
135
+30.2%
Interest expense
59.2
47.0
40.5
+26.1%
Pre-tax income
80.1
n/a
n/a
Income tax
0.7
0.0
0.0
Effective tax rate
0.9%
n/a
n/a
Net income
79.4
47.0
33.7
+69.1%
Net margin
33.2%
25.6%
25.0%
Diluted EPS
$1.11
$0.78
$0.68
+42.3%
$ 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
121
85.3
62.1
+41.9%
Cash from investing
-489
-826
-298
Cash from financing
314
799
223
-60.7%
Depreciation and amortisation
63.1
43.3
33.3
+45.6%
Share-based compensation
6.1
9.9
7.8
-37.8%
Dividends paid
110
81.5
58.2
+34.9%
Dividend per share
$1.60
$1.51
$1.36
+6.0%
Diluted shares, weighted
62m
47m
38m
+33.2%
Shares outstanding at period end
65m
59m
39m
+10.4%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
1,054
942
460
+11.9%
Non-controlling interest
0.1
0.0
0.0
+146.5%
Debt
1,398
1,092
688
+28.0%
Other liabilities
17.1
31.0
25.4
-44.7%
Total liabilities and equity
2,469
2,065
1,174
+19.6%
Loans
270
235
n/a
+14.9%
Cash and equivalents
7.4
61.8
4.3
-88.0%
Other assets
2,191
1,768
1,169
+23.9%
Total assets
2,469
2,065
1,174
+19.6%
10-K for the year ended 31 December 2015, filed 22 February 2016: the filing.