CFFN FY 2016 Earnings Report — Capitol Federal Financial, Inc. Revenue & Financial Results | Market Cap Arena

Capitol Federal Financial, Inc.CFFN

FY 2016 Earnings

Reported November 29, 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	$315M	—	$309M	—	2.1%
Op. Income	$122M	—	$116M	—	5.3%
Gross Margin	65.7%	—	64.9%	—	0.8pp
Net Margin	26.5%	—	25.3%	—	1.2pp
EPS (Diluted)	$0.63	—	$0.58	—	8.6%
Free Cash Flow	$70M	—	$75M	—	-6.0%

Revenue Flow

Item	Amount
REVENUE	$315M
Cost of Revenue	$108M
GROSS PROFIT	$207M
R&D Expenses	$0
Selling & Marketing	$5M
General & Administrative	$58M
SG&A Expenses	$63M
Other Expenses	$22M
Operating Expenses	$85M
Cost & Expenses	$193M
OPERATING INCOME	$122M
Interest Income	$301M
Interest Expense	$109M
Other Income/Expenses	$0
INCOME BEFORE TAX	$122M
Income Tax Expense	$38M
Net Income from Continuing Ops	$83M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$83M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$83M
D&A	$7M
EBIT	$122M
EBITDA	$129M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$315M
Cost of Revenue	$108M
GROSS PROFIT	$207M
R&D Expenses	$0
Selling & Marketing	$5M
General & Administrative	$58M
SG&A Expenses	$63M
Other Expenses	$22M
Operating Expenses	$85M
Cost & Expenses	$193M
OPERATING INCOME	$122M
Interest Income	$301M
Interest Expense	$109M
Other Income/Expenses	$0
INCOME BEFORE TAX	$122M
Income Tax Expense	$38M
Net Income from Continuing Ops	$83M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$83M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$83M
D&A	$7M
EBIT	$122M
EBITDA	$129M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$83M
Depreciation & Amortization	$7M
Stock-Based Compensation	$3M
Deferred Income Tax	$470.0K
Other Non-Cash Items	-$6M
Change in Working Capital	-$4M
OPERATING CASH FLOW	$85M
Capital Expenditure	-$15M
Acquisitions (Net)	$0
Purchases of Investments	-$244M
Sales/Maturities of Investments	$636M
Other Investing Activities	-$277M
NET CASH FROM INVESTING	$99M
Net Debt Issuance	-$900M
Common Stock Repurchased	$0
Common Dividends Paid	-$112M
Other Financing Activities	$336M
NET CASH FROM FINANCING	-$675M
FREE CASH FLOW	$70M
Net Change in Cash	-$491M

Balance Sheet

Item	Amount
Cash & Equivalents	$282M
Short-Term Investments	$527M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$809M
PP&E (Net)	$83M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$8.1B
Tax Assets	$8M
Other Non-Current Assets	$316M
TOTAL NON-CURRENT ASSETS	$8.5B
TOTAL ASSETS	$9.3B
Account Payables	$50M
Short-Term Debt	$200M
Deferred Revenue	$0
Other Current Liabilities	$5.2B
TOTAL CURRENT LIABILITIES	$5.4B
Long-Term Debt	$2.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$25M
Other Non-Current Liabilities	$63M
TOTAL NON-CURRENT LIABILITIES	$2.5B
TOTAL LIABILITIES	$7.9B
Common Stock	$1M
Additional Paid-In Capital	$1.2B
Retained Earnings	$268M
Treasury Stock	$0
Accum. Other Comp. Income	$6M
Other Equity	-$40M
TOTAL STOCKHOLDERS' EQUITY	$1.4B
Minority Interest	$0
TOTAL EQUITY	$1.4B
TOTAL LIABILITIES & EQUITY	$9.3B
Total Debt	$2.6B
Net Debt	$2.3B