CFFN FY 2017 Earnings Report — Capitol Federal Financial, Inc. Revenue & Financial Results | Market Cap Arena

Capitol Federal Financial, Inc.CFFN

FY 2017 Earnings

Reported November 29, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$330M	—	$315M	—	4.8%
Op. Income	$128M	—	$122M	—	4.9%
Gross Margin	64.3%	—	65.7%	—	-1.3pp
Net Margin	25.5%	—	26.5%	—	-1.0pp
EPS (Diluted)	$0.63	—	$0.63	—	0.0%
Free Cash Flow	$76M	—	$70M	—	8.9%

Revenue Flow

Item	Amount
REVENUE	$330M
Cost of Revenue	$118M
GROSS PROFIT	$212M
R&D Expenses	$0
Selling & Marketing	$5M
General & Administrative	$58M
SG&A Expenses	$63M
Other Expenses	$21M
Operating Expenses	$84M
Cost & Expenses	$202M
OPERATING INCOME	$128M
Interest Income	$313M
Interest Expense	$118M
Other Income/Expenses	$0
INCOME BEFORE TAX	$128M
Income Tax Expense	$44M
Net Income from Continuing Ops	$84M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$84M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$84M
D&A	$8M
EBIT	$128M
EBITDA	$136M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$330M
Cost of Revenue	$118M
GROSS PROFIT	$212M
R&D Expenses	$0
Selling & Marketing	$5M
General & Administrative	$58M
SG&A Expenses	$63M
Other Expenses	$21M
Operating Expenses	$84M
Cost & Expenses	$202M
OPERATING INCOME	$128M
Interest Income	$313M
Interest Expense	$118M
Other Income/Expenses	$0
INCOME BEFORE TAX	$128M
Income Tax Expense	$44M
Net Income from Continuing Ops	$84M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$84M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$84M
D&A	$8M
EBIT	$128M
EBITDA	$136M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$84M
Depreciation & Amortization	$8M
Stock-Based Compensation	$3M
Deferred Income Tax	$922.0K
Other Non-Cash Items	$481.0K
Change in Working Capital	-$11M
OPERATING CASH FLOW	$85M
Capital Expenditure	-$9M
Acquisitions (Net)	$0
Purchases of Investments	-$37M
Sales/Maturities of Investments	$413M
Other Investing Activities	-$220M
NET CASH FROM INVESTING	$146M
Net Debt Issuance	-$200M
Common Stock Repurchased	$0
Common Dividends Paid	-$118M
Other Financing Activities	$156M
NET CASH FROM FINANCING	-$162M
FREE CASH FLOW	$76M
Net Change in Cash	$70M

Balance Sheet

Item	Amount
Cash & Equivalents	$352M
Short-Term Investments	$416M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$767M
PP&E (Net)	$85M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$8.0B
Tax Assets	$0
Other Non-Current Assets	$318M
TOTAL NON-CURRENT ASSETS	$8.4B
TOTAL ASSETS	$9.2B
Account Payables	$52M
Short-Term Debt	$200M
Deferred Revenue	$0
Other Current Liabilities	$5.3B
TOTAL CURRENT LIABILITIES	$5.6B
Long-Term Debt	$2.2B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$24M
Other Non-Current Liabilities	$64M
TOTAL NON-CURRENT LIABILITIES	$2.3B
TOTAL LIABILITIES	$7.8B
Common Stock	$1M
Additional Paid-In Capital	$1.2B
Retained Earnings	$235M
Treasury Stock	$0
Accum. Other Comp. Income	$3M
Other Equity	-$38M
TOTAL STOCKHOLDERS' EQUITY	$1.4B
Minority Interest	$0
TOTAL EQUITY	$1.4B
TOTAL LIABILITIES & EQUITY	$9.2B
Total Debt	$2.4B
Net Debt	$2.0B