Sabra Health Care REIT (SBRA) FY2016 results: revenue $261 million, up 9.1% on the year
Sabra Health Care REIT, Inc. (SBRA) reported revenue of $261 million for fiscal 2016, the year ended 31 December 2016, up 9.1% on the year before. Net income was $70 million, down 11.5%, and diluted earnings per share $0.92. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2017.
Revenue
$261 million
+9.1% on the year
FY2011FY2016
Operating margin
n/a
FY2011FY2016
Net income
$70 million
-11.5% on the year
FY2011FY2016
Diluted EPS
$0.92
-17.1% on the year
FY2011FY2016
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
261
239
184
+9.1%
Interest expense
64.9
59.2
47.0
+9.5%
Pre-tax income
71.3
80.1
n/a
-11.1%
Income tax
1.0
0.7
0.0
+40.1%
Effective tax rate
1.5%
0.9%
n/a
Net income
70.3
79.4
47.0
-11.5%
Net margin
27.0%
33.2%
25.6%
Diluted EPS
$0.92
$1.11
$0.78
-17.1%
$ 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
176
121
85.3
+45.3%
Cash from investing
142
-489
-826
Cash from financing
-301
314
799
Depreciation and amortisation
68.5
63.1
43.3
+8.5%
Share-based compensation
7.5
6.1
9.9
+22.4%
Dividends paid
119
110
81.5
+8.5%
Dividend per share
$1.67
$1.60
$1.51
+4.4%
Diluted shares, weighted
66m
62m
47m
+4.9%
Shares outstanding at period end
65m
65m
59m
+0.2%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
1,016
1,054
942
-3.6%
Non-controlling interest
0.0
0.1
0.0
-67.0%
Debt
1,211
1,398
1,092
-13.4%
Other liabilities
39.6
17.1
31.0
+131.6%
Total liabilities and equity
2,266
2,469
2,065
-8.2%
Intangible assets
26.2
n/a
n/a
Loans
50.8
270
235
-81.2%
Cash and equivalents
25.7
7.4
61.8
+245.2%
Other assets
2,163
2,191
1,768
-1.3%
Total assets
2,266
2,469
2,065
-8.2%
10-K for the year ended 31 December 2016, filed 22 February 2017: the filing.