EXP FY 2018 Earnings Report — Eagle Materials Inc. Revenue & Financial Results | Market Cap Arena

Eagle Materials Inc.EXP

FY 2018 Earnings

Reported May 23, 2019

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	$1.4B	—	$1.4B	—	0.5%
Op. Income	$289M	—	$298M	—	-2.8%
Gross Margin	23.4%	—	24.4%	—	-1.0pp
Net Margin	4.9%	—	18.5%	—	-13.6pp
EPS (Diluted)	$1.47	—	$5.28	—	-72.2%
Free Cash Flow	$181M	—	$206M	—	-11.8%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$1.1B
GROSS PROFIT	$327M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$37M
SG&A Expenses	$37M
Other Expenses	$0
Operating Expenses	$37M
Cost & Expenses	$1.1B
OPERATING INCOME	$289M
Interest Income	$0
Interest Expense	$28M
Other Income/Expenses	-$209M
INCOME BEFORE TAX	$80M
Income Tax Expense	$11M
Net Income from Continuing Ops	$224M
Net Income from Discontinued Ops	$0
Other Adjustments	-$155M
NET INCOME	$69M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$69M
D&A	$123M
EBIT	$108M
EBITDA	$231M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$1.1B
GROSS PROFIT	$327M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$37M
SG&A Expenses	$37M
Other Expenses	$0
Operating Expenses	$37M
Cost & Expenses	$1.1B
OPERATING INCOME	$289M
Interest Income	$0
Interest Expense	$28M
Other Income/Expenses	-$209M
INCOME BEFORE TAX	$80M
Income Tax Expense	$11M
Net Income from Continuing Ops	$224M
Net Income from Discontinued Ops	$0
Other Adjustments	-$155M
NET INCOME	$69M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$69M
D&A	$123M
EBIT	$108M
EBITDA	$231M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$69M
Depreciation & Amortization	$123M
Stock-Based Compensation	$15M
Deferred Income Tax	-$28M
Other Non-Cash Items	$216M
Change in Working Capital	-$44M
OPERATING CASH FLOW	$350M
Capital Expenditure	-$169M
Acquisitions (Net)	$2M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$167M
Net Debt Issuance	$70M
Common Stock Repurchased	-$276M
Common Dividends Paid	-$19M
Other Financing Activities	$2M
NET CASH FROM FINANCING	-$223M
FREE CASH FLOW	$181M
Net Change in Cash	-$39M

Balance Sheet

Item	Amount
Cash & Equivalents	$9M
Short-Term Investments	$0
Net Receivables	$134M
Inventory	$275M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$428M
PP&E (Net)	$1.4B
Goodwill	$198M
Intangible Assets	$31M
Long-Term Investments	$65M
Tax Assets	$0
Other Non-Current Assets	$21M
TOTAL NON-CURRENT ASSETS	$1.7B
TOTAL ASSETS	$2.2B
Account Payables	$81M
Short-Term Debt	$37M
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$179M
Long-Term Debt	$655M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$91M
Other Non-Current Liabilities	$34M
TOTAL NON-CURRENT LIABILITIES	$780M
TOTAL LIABILITIES	$960M
Common Stock	$451.0K
Additional Paid-In Capital	$0
Retained Earnings	$1.2B
Treasury Stock	$0
Accum. Other Comp. Income	-$3M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$0
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$2.2B
Total Debt	$692M
Net Debt	$683M