CFFN FY 2018 Earnings Report — Capitol Federal Financial, Inc. Revenue & Financial Results | Market Cap Arena

Capitol Federal Financial, Inc.CFFN

FY 2018 Earnings

Reported November 29, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$338M	—	$330M	—	2.5%
Op. Income	$124M	—	$128M	—	-3.1%
Gross Margin	63.6%	—	64.3%	—	-0.7pp
Net Margin	29.2%	—	25.5%	—	3.8pp
EPS (Diluted)	$0.73	—	$0.63	—	15.9%
Free Cash Flow	$112M	—	$76M	—	47.3%

Revenue Flow

Item	Amount
REVENUE	$338M
Cost of Revenue	$123M
GROSS PROFIT	$215M
R&D Expenses	$0
Selling & Marketing	$5M
General & Administrative	$64M
SG&A Expenses	$69M
Other Expenses	$22M
Operating Expenses	$91M
Cost & Expenses	$214M
OPERATING INCOME	$124M
Interest Income	$322M
Interest Expense	$123M
Other Income/Expenses	$0
INCOME BEFORE TAX	$124M
Income Tax Expense	$25M
Net Income from Continuing Ops	$99M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$99M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$99M
D&A	$9M
EBIT	$124M
EBITDA	$133M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$338M
Cost of Revenue	$123M
GROSS PROFIT	$215M
R&D Expenses	$0
Selling & Marketing	$5M
General & Administrative	$64M
SG&A Expenses	$69M
Other Expenses	$22M
Operating Expenses	$91M
Cost & Expenses	$214M
OPERATING INCOME	$124M
Interest Income	$322M
Interest Expense	$123M
Other Income/Expenses	$0
INCOME BEFORE TAX	$124M
Income Tax Expense	$25M
Net Income from Continuing Ops	$99M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$99M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$99M
D&A	$9M
EBIT	$124M
EBITDA	$133M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$99M
Depreciation & Amortization	$9M
Stock-Based Compensation	$3M
Deferred Income Tax	-$5M
Other Non-Cash Items	$9M
Change in Working Capital	$10M
OPERATING CASH FLOW	$124M
Capital Expenditure	-$12M
Acquisitions (Net)	$16M
Purchases of Investments	-$411M
Sales/Maturities of Investments	$407M
Other Investing Activities	-$21M
NET CASH FROM INVESTING	-$22M
Net Debt Issuance	-$139M
Common Stock Repurchased	$0
Common Dividends Paid	-$118M
Other Financing Activities	-$58M
NET CASH FROM FINANCING	-$315M
FREE CASH FLOW	$112M
Net Change in Cash	-$213M

Balance Sheet

Item	Amount
Cash & Equivalents	$139M
Short-Term Investments	$715M
Net Receivables	$2M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$856M
PP&E (Net)	$96M
Goodwill	$8M
Intangible Assets	$10M
Long-Term Investments	$8.1B
Tax Assets	$0
Other Non-Current Assets	$371M
TOTAL NON-CURRENT ASSETS	$8.6B
TOTAL ASSETS	$9.4B
Account Payables	$83M
Short-Term Debt	$110M
Deferred Revenue	$0
Other Current Liabilities	$5.6B
TOTAL CURRENT LIABILITIES	$5.8B
Long-Term Debt	$2.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$21M
Other Non-Current Liabilities	-$45M
TOTAL NON-CURRENT LIABILITIES	$2.3B
TOTAL LIABILITIES	$8.1B
Common Stock	$1M
Additional Paid-In Capital	$1.2B
Retained Earnings	$215M
Treasury Stock	$0
Accum. Other Comp. Income	$4M
Other Equity	-$36M
TOTAL STOCKHOLDERS' EQUITY	$1.4B
Minority Interest	$0
TOTAL EQUITY	$1.4B
TOTAL LIABILITIES & EQUITY	$9.4B
Total Debt	$2.4B
Net Debt	$2.3B