Teradata (TDC) FY2012 results: revenue $2.7 billion, up 12.8% on the year
Teradata Corp. (TDC) reported revenue of $2.7 billion for fiscal 2012, the year ended 31 December 2012, up 12.8% on the year before. Net income was $419 million, up 18.7%, and diluted earnings per share $2.44. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2013.
Revenue
$2.7 billion
+12.8% on the year
FY2008FY2012
Operating margin
21.8%
19.3% a year earlier
FY2008FY2012
Net income
$419 million
+18.7% on the year
FY2008FY2012
Diluted EPS
$2.44
+19.0% on the year
FY2008FY2012
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
2,665
2,362
1,936
+12.8%
Cost of revenue
1,174
1,069
848
+9.8%
Gross profit
1,491
1,293
1,088
+15.3%
Gross margin
55.9%
54.7%
56.2%
Research and development
183
174
147
+5.2%
Selling, general and administrative
728
663
526
+9.8%
Operating income
580
456
415
+27.2%
Operating margin
21.8%
19.3%
21.4%
Interest expense
4.0
4.0
0.0
0.0%
Pre-tax income
578
481
414
+20.2%
Income tax
159
128
113
+24.2%
Effective tax rate
27.5%
26.6%
27.3%
Net income
419
353
301
+18.7%
Net margin
15.7%
14.9%
15.5%
Diluted EPS
$2.44
$2.05
$1.77
+19.0%
$ 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
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
575
513
413
+12.1%
Capital expenditure
67.0
42.0
34.0
+59.5%
Free cash flow
508
471
379
+7.9%
Free cash flow margin
19.1%
19.9%
19.6%
Cash from investing
-422
-832
-145
Cash from financing
-196
212
-47.0
Depreciation and amortisation
126
102
60.0
+23.5%
Share-based compensation
43.0
35.0
26.0
+22.9%
Buybacks
277
127
88.0
+118.1%
Diluted shares, weighted
172m
172m
170m
-0.1%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
1,779
1,494
1,189
+19.1%
Debt
289
290
0.0
-0.3%
Other liabilities
998
832
694
+20.0%
Total liabilities and equity
3,066
2,616
1,883
+17.2%
Fixed assets
150
120
105
+25.0%
Goodwill
932
742
136
+25.6%
Cash and equivalents
729
772
883
-5.6%
Receivables
668
494
402
+35.2%
Inventory
47.0
61.0
65.0
-23.0%
Other assets
540
427
292
+26.5%
Total assets
3,066
2,616
1,883
+17.2%
10-K for the year ended 31 December 2012, filed 28 February 2013: the filing.