BR FY 2016 Earnings Report — Broadridge Financial Solutions, Inc. Revenue & Financial Results | Market Cap Arena

Broadridge Financial Solutions, Inc.BR

FY 2016 Earnings

Reported August 9, 2016

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	$2.9B	—	$2.7B	—	7.5%
Op. Income	$500M	—	$469M	—	6.6%
Gross Margin	31.8%	—	32.1%	—	-0.3pp
Net Margin	10.6%	—	10.7%	—	-0.0pp
EPS (Diluted)	$2.53	—	$2.32	—	9.1%
Free Cash Flow	$362M	—	$365M	—	-0.9%

Revenue Flow

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$2.0B
GROSS PROFIT	$921M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$421M
SG&A Expenses	$421M
Other Expenses	$0
Operating Expenses	$421M
Cost & Expenses	$2.4B
OPERATING INCOME	$500M
Interest Income	$3M
Interest Expense	$28M
Other Income/Expenses	-$31M
INCOME BEFORE TAX	$469M
Income Tax Expense	$161M
Net Income from Continuing Ops	$308M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$308M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$308M
D&A	$111M
EBIT	$497M
EBITDA	$608M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$2.9B
Cost of Revenue	$2.0B
GROSS PROFIT	$921M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$421M
SG&A Expenses	$421M
Other Expenses	$0
Operating Expenses	$421M
Cost & Expenses	$2.4B
OPERATING INCOME	$500M
Interest Income	$3M
Interest Expense	$28M
Other Income/Expenses	-$31M
INCOME BEFORE TAX	$469M
Income Tax Expense	$161M
Net Income from Continuing Ops	$308M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$308M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$308M
D&A	$111M
EBIT	$497M
EBITDA	$608M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$308M
Depreciation & Amortization	$84M
Stock-Based Compensation	$43M
Deferred Income Tax	-$6M
Other Non-Cash Items	$700.0K
Change in Working Capital	$8M
OPERATING CASH FLOW	$438M
Capital Expenditure	-$76M
Acquisitions (Net)	-$58M
Purchases of Investments	-$5M
Sales/Maturities of Investments	$0
Other Investing Activities	$1M
NET CASH FROM INVESTING	-$137M
Net Debt Issuance	$333M
Common Stock Repurchased	-$120M
Common Dividends Paid	-$138M
Other Financing Activities	$34M
NET CASH FROM FINANCING	$109M
FREE CASH FLOW	$362M
Net Change in Cash	$404M

Balance Sheet

Item	Amount
Cash & Equivalents	$728M
Short-Term Investments	$0
Net Receivables	$453M
Inventory	$8M
Other Current Assets	$108M
TOTAL CURRENT ASSETS	$1.3B
PP&E (Net)	$112M
Goodwill	$999M
Intangible Assets	$210M
Long-Term Investments	$49M
Tax Assets	-$49M
Other Non-Current Assets	$269M
TOTAL NON-CURRENT ASSETS	$1.6B
TOTAL ASSETS	$2.9B
Account Payables	$133M
Short-Term Debt	$125M
Deferred Revenue	$83M
Other Current Liabilities	$21M
TOTAL CURRENT LIABILITIES	$693M
Long-Term Debt	$891M
Deferred Revenue NC	$70M
Deferred Tax Liabilities	$62M
Other Non-Current Liabilities	$112M
TOTAL NON-CURRENT LIABILITIES	$1.1B
TOTAL LIABILITIES	$1.8B
Common Stock	$2M
Additional Paid-In Capital	$901M
Retained Earnings	$1.3B
Treasury Stock	-$1.1B
Accum. Other Comp. Income	-$38M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.0B
Minority Interest	$0
TOTAL EQUITY	$1.0B
TOTAL LIABILITIES & EQUITY	$2.9B
Total Debt	$1.0B
Net Debt	$288M