EXP FY 2019 Earnings Report — Eagle Materials Inc. Revenue & Financial Results | Market Cap Arena

Eagle Materials Inc.EXP

FY 2019 Earnings

Reported May 22, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$1.5B	—	$1.4B	—	4.1%
Op. Income	$277M	—	$289M	—	-4.1%
Gross Margin	22.8%	—	23.4%	—	-0.6pp
Net Margin	4.9%	—	4.9%	—	-0.1pp
EPS (Diluted)	$1.68	—	$1.47	—	14.3%
Free Cash Flow	$267M	—	$181M	—	47.3%

Revenue Flow

Item	Amount
REVENUE	$1.5B
Cost of Revenue	$1.1B
GROSS PROFIT	$331M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$65M
SG&A Expenses	$65M
Other Expenses	-$25.0K
Operating Expenses	$65M
Cost & Expenses	$1.2B
OPERATING INCOME	$277M
Interest Income	$0
Interest Expense	$38M
Other Income/Expenses	-$22M
INCOME BEFORE TAX	$46M
Income Tax Expense	-$25M
Net Income from Continuing Ops	$231M
Net Income from Discontinued Ops	$0
Other Adjustments	-$160M
NET INCOME	$71M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$71M
D&A	$114M
EBIT	$294M
EBITDA	$408M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.5B
Cost of Revenue	$1.1B
GROSS PROFIT	$331M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$65M
SG&A Expenses	$65M
Other Expenses	-$25.0K
Operating Expenses	$65M
Cost & Expenses	$1.2B
OPERATING INCOME	$277M
Interest Income	$0
Interest Expense	$38M
Other Income/Expenses	-$22M
INCOME BEFORE TAX	$46M
Income Tax Expense	-$25M
Net Income from Continuing Ops	$231M
Net Income from Discontinued Ops	$0
Other Adjustments	-$160M
NET INCOME	$71M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$71M
D&A	$114M
EBIT	$294M
EBITDA	$408M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$71M
Depreciation & Amortization	$114M
Stock-Based Compensation	$20M
Deferred Income Tax	$76M
Other Non-Cash Items	$215M
Change in Working Capital	-$96M
OPERATING CASH FLOW	$399M
Capital Expenditure	-$132M
Acquisitions (Net)	-$699M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$400.0K
NET CASH FROM INVESTING	-$831M
Net Debt Issuance	$879M
Common Stock Repurchased	-$318M
Common Dividends Paid	-$17M
Other Financing Activities	-$5M
NET CASH FROM FINANCING	$542M
FREE CASH FLOW	$267M
Net Change in Cash	$110M

Balance Sheet

Item	Amount
Cash & Equivalents	$119M
Short-Term Investments	$0
Net Receivables	$274M
Inventory	$273M
Other Current Assets	$7M
TOTAL CURRENT ASSETS	$678M
PP&E (Net)	$1.8B
Goodwill	$332M
Intangible Assets	$65M
Long-Term Investments	$74M
Tax Assets	$0
Other Non-Current Assets	$26M
TOTAL NON-CURRENT ASSETS	$2.3B
TOTAL ASSETS	$3.0B
Account Payables	$84M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$8M
TOTAL CURRENT LIABILITIES	$170M
Long-Term Debt	$1.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$167M
Other Non-Current Liabilities	$49M
TOTAL NON-CURRENT LIABILITIES	$1.8B
TOTAL LIABILITIES	$2.0B
Common Stock	$416.0K
Additional Paid-In Capital	$11M
Retained Earnings	$960M
Treasury Stock	$0
Accum. Other Comp. Income	-$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$968M
Minority Interest	$0
TOTAL EQUITY	$968M
TOTAL LIABILITIES & EQUITY	$3.0B
Total Debt	$1.6B
Net Debt	$1.5B