EXP FY 2014 Earnings Report — Eagle Materials Inc. Revenue & Financial Results | Market Cap Arena

Eagle Materials Inc.EXP

FY 2014 Earnings

Reported May 22, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$1.1B	—	$898M	—	18.7%
Op. Income	$223M	—	$161M	—	38.4%
Gross Margin	23.8%	—	20.6%	—	3.2pp
Net Margin	17.5%	—	13.8%	—	3.7pp
EPS (Diluted)	$3.71	—	$2.49	—	49.0%
Free Cash Flow	$123M	—	$111M	—	10.3%

Revenue Flow

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$812M
GROSS PROFIT	$254M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$31M
SG&A Expenses	$31M
Other Expenses	-$3M
Operating Expenses	$28M
Cost & Expenses	$840M
OPERATING INCOME	$223M
Interest Income	$6.0K
Interest Expense	$12M
Other Income/Expenses	$26M
INCOME BEFORE TAX	$253M
Income Tax Expense	$66M
Net Income from Continuing Ops	$187M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$187M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$187M
D&A	$76M
EBIT	$269M
EBITDA	$345M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$1.1B
Cost of Revenue	$812M
GROSS PROFIT	$254M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$31M
SG&A Expenses	$31M
Other Expenses	-$3M
Operating Expenses	$28M
Cost & Expenses	$840M
OPERATING INCOME	$223M
Interest Income	$6.0K
Interest Expense	$12M
Other Income/Expenses	$26M
INCOME BEFORE TAX	$253M
Income Tax Expense	$66M
Net Income from Continuing Ops	$187M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$187M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$187M
D&A	$76M
EBIT	$269M
EBITDA	$345M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$187M
Depreciation & Amortization	$76M
Stock-Based Compensation	$13M
Deferred Income Tax	$6M
Other Non-Cash Items	-$10M
Change in Working Capital	-$38M
OPERATING CASH FLOW	$234M
Capital Expenditure	-$112M
Acquisitions (Net)	-$237M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$237M
NET CASH FROM INVESTING	-$349M
Net Debt Issuance	$132M
Common Stock Repurchased	-$4M
Common Dividends Paid	-$20M
Other Financing Activities	$8M
NET CASH FROM FINANCING	$116M
FREE CASH FLOW	$123M
Net Change in Cash	$1M

Balance Sheet

Item	Amount
Cash & Equivalents	$8M
Short-Term Investments	$0
Net Receivables	$114M
Inventory	$235M
Other Current Assets	$10M
TOTAL CURRENT ASSETS	$367M
PP&E (Net)	$1.2B
Goodwill	$133M
Intangible Assets	$79M
Long-Term Investments	$48M
Tax Assets	$0
Other Non-Current Assets	$35M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$1.9B
Account Payables	$78M
Short-Term Debt	$57M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$185M
Long-Term Debt	$456M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$163M
Other Non-Current Liabilities	$69M
TOTAL NON-CURRENT LIABILITIES	$687M
TOTAL LIABILITIES	$872M
Common Stock	$502.0K
Additional Paid-In Capital	$272M
Retained Earnings	$750M
Treasury Stock	$0
Accum. Other Comp. Income	-$12M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.0B
Minority Interest	$0
TOTAL EQUITY	$1.0B
TOTAL LIABILITIES & EQUITY	$1.9B
Total Debt	$513M
Net Debt	$505M