CLX FY 2012 Earnings Report — The Clorox Company Revenue & Financial Results | Market Cap Arena

The Clorox CompanyCLX

FY 2012 Earnings

Reported August 24, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$5.5B	—	—	—	—
Op. Income	$888M	—	—	—	—
Gross Margin	41.9%	—	—	—	—
Net Margin	9.9%	—	—	—	—
EPS (Diluted)	$4.09	—	—	—	—
Free Cash Flow	$420M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$5.5B
Cost of Revenue	$3.2B
GROSS PROFIT	$2.3B
R&D Expenses	$121M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.3B
Other Expenses	$0
Operating Expenses	$1.4B
Cost & Expenses	$4.6B
OPERATING INCOME	$888M
Interest Income	$0
Interest Expense	$123M
Other Income/Expenses	-$97M
INCOME BEFORE TAX	$791M
Income Tax Expense	$248M
Net Income from Continuing Ops	$543M
Net Income from Discontinued Ops	$0
Other Adjustments	-$2M
NET INCOME	$541M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$541M
D&A	$167M
EBIT	$914M
EBITDA	$1.1B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$5.5B
Cost of Revenue	$3.2B
GROSS PROFIT	$2.3B
R&D Expenses	$121M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.3B
Other Expenses	$0
Operating Expenses	$1.4B
Cost & Expenses	$4.6B
OPERATING INCOME	$888M
Interest Income	$0
Interest Expense	$123M
Other Income/Expenses	-$97M
INCOME BEFORE TAX	$791M
Income Tax Expense	$248M
Net Income from Continuing Ops	$543M
Net Income from Discontinued Ops	$0
Other Adjustments	-$2M
NET INCOME	$541M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$541M
D&A	$167M
EBIT	$914M
EBITDA	$1.1B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$543M
Depreciation & Amortization	$178M
Stock-Based Compensation	$27M
Deferred Income Tax	-$12M
Other Non-Cash Items	-$44M
Change in Working Capital	-$80M
OPERATING CASH FLOW	$612M
Capital Expenditure	-$192M
Acquisitions (Net)	-$93M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$8M
NET CASH FROM INVESTING	-$277M
Net Debt Issuance	$133M
Common Stock Repurchased	-$225M
Common Dividends Paid	-$315M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$321M
FREE CASH FLOW	$420M
Net Change in Cash	$8M

Balance Sheet

Item	Amount
Cash & Equivalents	$267M
Short-Term Investments	$0
Net Receivables	$576M
Inventory	$384M
Other Current Assets	$106M
TOTAL CURRENT ASSETS	$1.4B
PP&E (Net)	$1.1B
Goodwill	$1.1B
Intangible Assets	$642M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$144M
TOTAL NON-CURRENT ASSETS	$3.0B
TOTAL ASSETS	$4.4B
Account Payables	$412M
Short-Term Debt	$1.1B
Deferred Revenue	$0
Other Current Liabilities	$165M
TOTAL CURRENT LIABILITIES	$2.1B
Long-Term Debt	$1.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$119M
Other Non-Current Liabilities	$739M
TOTAL NON-CURRENT LIABILITIES	$2.4B
TOTAL LIABILITIES	$4.5B
Common Stock	$159M
Additional Paid-In Capital	$633M
Retained Earnings	$1.4B
Treasury Stock	-$1.9B
Accum. Other Comp. Income	-$396M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	-$135M
Minority Interest	$0
TOTAL EQUITY	-$135M
TOTAL LIABILITIES & EQUITY	$4.4B
Total Debt	$2.7B
Net Debt	$2.5B