JHX FY 2016 Earnings Report — James Hardie Industries plc Revenue & Financial Results | Market Cap Arena

James Hardie Industries plcJHX

FY 2016 Earnings

Reported May 19, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$1.7B	—	$1.7B	—	4.3%
Op. Income	$354M	—	$335M	—	5.7%
Gross Margin	36.6%	—	34.9%	—	1.6pp
Net Margin	14.1%	—	17.6%	—	-3.4pp
EPS (Diluted)	$0.55	—	$0.65	—	-15.4%
Free Cash Flow	$187M	—	-$97M	—	293.6%

Revenue Flow

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.1B
GROSS PROFIT	$632M
R&D Expenses	$30M
Selling & Marketing	$508M
General & Administrative	-$254M
SG&A Expenses	$254M
Other Expenses	-$6M
Operating Expenses	$278M
Cost & Expenses	$1.4B
OPERATING INCOME	$354M
Interest Income	$1M
Interest Expense	$27M
Other Income/Expenses	-$24M
INCOME BEFORE TAX	$331M
Income Tax Expense	$86M
Net Income from Continuing Ops	$244M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$244M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$244M
D&A	$80M
EBIT	$357M
EBITDA	$437M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.7B
Cost of Revenue	$1.1B
GROSS PROFIT	$632M
R&D Expenses	$30M
Selling & Marketing	$508M
General & Administrative	-$254M
SG&A Expenses	$254M
Other Expenses	-$6M
Operating Expenses	$278M
Cost & Expenses	$1.4B
OPERATING INCOME	$354M
Interest Income	$1M
Interest Expense	$27M
Other Income/Expenses	-$24M
INCOME BEFORE TAX	$331M
Income Tax Expense	$86M
Net Income from Continuing Ops	$244M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$244M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$244M
D&A	$80M
EBIT	$357M
EBITDA	$437M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$244M
Depreciation & Amortization	$80M
Stock-Based Compensation	$10M
Deferred Income Tax	-$100.0K
Other Non-Cash Items	$9M
Change in Working Capital	-$83M
OPERATING CASH FLOW	$260M
Capital Expenditure	-$73M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$7M
NET CASH FROM INVESTING	-$67M
Net Debt Issuance	$115M
Common Stock Repurchased	-$22M
Common Dividends Paid	-$247M
Other Financing Activities	-$3M
NET CASH FROM FINANCING	-$154M
FREE CASH FLOW	$187M
Net Change in Cash	$40M

Balance Sheet

Item	Amount
Cash & Equivalents	$107M
Short-Term Investments	$0
Net Receivables	$173M
Inventory	$193M
Other Current Assets	$43M
TOTAL CURRENT ASSETS	$536M
PP&E (Net)	$867M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$411M
Other Non-Current Assets	$217M
TOTAL NON-CURRENT ASSETS	$1.5B
TOTAL ASSETS	$2.0B
Account Payables	$77M
Short-Term Debt	$51M
Deferred Revenue	$0
Other Current Liabilities	$142M
TOTAL CURRENT LIABILITIES	$400M
Long-Term Debt	$513M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$82M
Other Non-Current Liabilities	$1.3B
TOTAL NON-CURRENT LIABILITIES	$1.9B
TOTAL LIABILITIES	$2.3B
Common Stock	$231M
Additional Paid-In Capital	$164M
Retained Earnings	-$622M
Treasury Stock	$0
Accum. Other Comp. Income	$800.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	-$225M
Minority Interest	$0
TOTAL EQUITY	-$225M
TOTAL LIABILITIES & EQUITY	$2.0B
Total Debt	$553M
Net Debt	$445M