BFH FY 2016 Earnings Report — Bread Financial Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Bread Financial Holdings, Inc.BFH

FY 2016 Earnings

Reported February 27, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$7.1B	—	—	—	—
Op. Income	$1.3B	—	—	—	—
Gross Margin	34.1%	—	—	—	—
Net Margin	7.2%	—	—	—	—
EPS (Diluted)	$7.34	—	—	—	—
Free Cash Flow	$1.9B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$7.1B
Cost of Revenue	$4.7B
GROSS PROFIT	$2.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$143M
SG&A Expenses	$143M
Other Expenses	$1.0B
Operating Expenses	$1.2B
Cost & Expenses	$5.9B
OPERATING INCOME	$1.3B
Interest Income	$0
Interest Expense	$218M
Other Income/Expenses	-$429M
INCOME BEFORE TAX	$837M
Income Tax Expense	$319M
Net Income from Continuing Ops	$518M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$516M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$432M
D&A	$512M
EBIT	$837M
EBITDA	$1.3B
EPS	$7
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$7.1B
Cost of Revenue	$4.7B
GROSS PROFIT	$2.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$143M
SG&A Expenses	$143M
Other Expenses	$1.0B
Operating Expenses	$1.2B
Cost & Expenses	$5.9B
OPERATING INCOME	$1.3B
Interest Income	$0
Interest Expense	$218M
Other Income/Expenses	-$429M
INCOME BEFORE TAX	$837M
Income Tax Expense	$319M
Net Income from Continuing Ops	$518M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$516M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$432M
D&A	$512M
EBIT	$837M
EBITDA	$1.3B
EPS	$7
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$518M
Depreciation & Amortization	$512M
Stock-Based Compensation	$77M
Deferred Income Tax	-$31M
Other Non-Cash Items	$1.4B
Change in Working Capital	-$344M
OPERATING CASH FLOW	$2.1B
Capital Expenditure	-$207M
Acquisitions (Net)	$522M
Purchases of Investments	-$1.0B
Sales/Maturities of Investments	$486M
Other Investing Activities	-$3.9B
NET CASH FROM INVESTING	-$4.1B
Net Debt Issuance	$1.1B
Common Stock Repurchased	-$799M
Common Dividends Paid	-$30M
Other Financing Activities	$2.4B
NET CASH FROM FINANCING	$2.7B
FREE CASH FLOW	$1.9B
Net Change in Cash	$691M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.9B
Short-Term Investments	$0
Net Receivables	$16.4B
Inventory	$271M
Other Current Assets	$1.1B
TOTAL CURRENT ASSETS	$19.6B
PP&E (Net)	$586M
Goodwill	$3.8B
Intangible Assets	$1.0B
Long-Term Investments	$0
Tax Assets	$20M
Other Non-Current Assets	$515M
TOTAL NON-CURRENT ASSETS	$5.9B
TOTAL ASSETS	$25.5B
Account Payables	$568M
Short-Term Debt	$2.5B
Deferred Revenue	$788M
Other Current Liabilities	$5.1B
TOTAL CURRENT LIABILITIES	$9.2B
Long-Term Debt	$10.1B
Deferred Revenue NC	$143M
Deferred Tax Liabilities	$335M
Other Non-Current Liabilities	$4.0B
TOTAL NON-CURRENT LIABILITIES	$14.6B
TOTAL LIABILITIES	$23.9B
Common Stock	$1M
Additional Paid-In Capital	$3.0B
Retained Earnings	$3.5B
Treasury Stock	-$4.7B
Accum. Other Comp. Income	-$151M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.7B
Minority Interest	$0
TOTAL EQUITY	$1.7B
TOTAL LIABILITIES & EQUITY	$25.5B
Total Debt	$12.6B
Net Debt	$10.7B