DOX FY 2020 Earnings Report — Amdocs Limited Revenue & Financial Results | Market Cap Arena

Amdocs LimitedDOX

FY 2020 Earnings

Reported December 14, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$4.2B	—	$4.1B	—	2.0%
Op. Income	$595M	—	$570M	—	4.4%
Gross Margin	33.9%	—	35.1%	—	-1.2pp
Net Margin	11.9%	—	11.7%	—	0.2pp
EPS (Diluted)	$3.71	—	$3.47	—	6.9%
Free Cash Flow	$453M	—	$528M	—	-14.3%

Revenue Flow

Item	Amount
REVENUE	$4.2B
Cost of Revenue	$2.8B
GROSS PROFIT	$1.4B
R&D Expenses	$282M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$459M
Other Expenses	$78M
Operating Expenses	$819M
Cost & Expenses	$3.6B
OPERATING INCOME	$595M
Interest Income	$4M
Interest Expense	$10M
Other Income/Expenses	-$11M
INCOME BEFORE TAX	$583M
Income Tax Expense	$85M
Net Income from Continuing Ops	$498M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$498M
Net Income Deductions	-$11.0K
BOTTOM LINE NET INCOME	$494M
D&A	$198M
EBIT	$594M
EBITDA	$792M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$4.2B
Cost of Revenue	$2.8B
GROSS PROFIT	$1.4B
R&D Expenses	$282M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$459M
Other Expenses	$78M
Operating Expenses	$819M
Cost & Expenses	$3.6B
OPERATING INCOME	$595M
Interest Income	$4M
Interest Expense	$10M
Other Income/Expenses	-$11M
INCOME BEFORE TAX	$583M
Income Tax Expense	$85M
Net Income from Continuing Ops	$498M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$498M
Net Income Deductions	-$11.0K
BOTTOM LINE NET INCOME	$494M
D&A	$198M
EBIT	$594M
EBITDA	$792M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$498M
Depreciation & Amortization	$198M
Stock-Based Compensation	$42M
Deferred Income Tax	$30M
Other Non-Cash Items	$144.0K
Change in Working Capital	-$111M
OPERATING CASH FLOW	$658M
Capital Expenditure	-$206M
Acquisitions (Net)	-$249M
Purchases of Investments	-$753.0K
Sales/Maturities of Investments	$0
Other Investing Activities	-$6M
NET CASH FROM INVESTING	-$462M
Net Debt Issuance	$744M
Common Stock Repurchased	-$361M
Common Dividends Paid	-$164M
Other Financing Activities	$96M
NET CASH FROM FINANCING	$315M
FREE CASH FLOW	$453M
Net Change in Cash	$512M

Balance Sheet

Item	Amount
Cash & Equivalents	$983M
Short-Term Investments	$752.0K
Net Receivables	$861M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.1B
PP&E (Net)	$903M
Goodwill	$2.6B
Intangible Assets	$296M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$489M
TOTAL NON-CURRENT ASSETS	$4.3B
TOTAL ASSETS	$6.3B
Account Payables	$110M
Short-Term Debt	$100M
Deferred Revenue	$127M
Other Current Liabilities	$534M
TOTAL CURRENT LIABILITIES	$1.2B
Long-Term Debt	$644M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$258M
Other Non-Current Liabilities	$328M
TOTAL NON-CURRENT LIABILITIES	$1.5B
TOTAL LIABILITIES	$2.7B
Common Stock	$4M
Additional Paid-In Capital	$3.8B
Retained Earnings	$5.3B
Treasury Stock	-$5.5B
Accum. Other Comp. Income	$12M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.6B
Minority Interest	$43M
TOTAL EQUITY	$3.7B
TOTAL LIABILITIES & EQUITY	$6.3B
Total Debt	$1.0B
Net Debt	$50M