KMPR FY 2018 Earnings Report — Kemper Corporation Revenue & Financial Results | Market Cap Arena

Kemper CorporationKMPR

FY 2018 Earnings

Reported February 20, 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	$3.7B	—	$2.7B	—	38.2%
Op. Income	$199M	—	$161M	—	23.6%
Gross Margin	20.8%	—	16.5%	—	4.3pp
Net Margin	5.2%	—	4.5%	—	0.6pp
EPS (Diluted)	$3.24	—	$2.33	—	39.1%
Free Cash Flow	$475M	—	$205M	—	131.4%

Revenue Flow

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$2.9B
GROSS PROFIT	$767M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$232M
SG&A Expenses	$232M
Other Expenses	$336M
Operating Expenses	$568M
Cost & Expenses	$3.5B
OPERATING INCOME	$199M
Interest Income	$283M
Interest Expense	$43M
Other Income/Expenses	$0
INCOME BEFORE TAX	$199M
Income Tax Expense	$11M
Net Income from Continuing Ops	$188M
Net Income from Discontinued Ops	$2M
Other Adjustments	$0
NET INCOME	$190M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$189M
D&A	$172M
EBIT	$243M
EBITDA	$414M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$3.7B
Cost of Revenue	$2.9B
GROSS PROFIT	$767M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$232M
SG&A Expenses	$232M
Other Expenses	$336M
Operating Expenses	$568M
Cost & Expenses	$3.5B
OPERATING INCOME	$199M
Interest Income	$283M
Interest Expense	$43M
Other Income/Expenses	$0
INCOME BEFORE TAX	$199M
Income Tax Expense	$11M
Net Income from Continuing Ops	$188M
Net Income from Discontinued Ops	$2M
Other Adjustments	$0
NET INCOME	$190M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$189M
D&A	$172M
EBIT	$243M
EBITDA	$414M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$190M
Depreciation & Amortization	$172M
Stock-Based Compensation	$19M
Deferred Income Tax	$0
Other Non-Cash Items	$62M
Change in Working Capital	$116M
OPERATING CASH FLOW	$540M
Capital Expenditure	-$65M
Acquisitions (Net)	-$590M
Purchases of Investments	-$2.1B
Sales/Maturities of Investments	$2.2B
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$498M
Net Debt Issuance	$34M
Common Stock Repurchased	$0
Common Dividends Paid	-$56M
Other Financing Activities	$10M
NET CASH FROM FINANCING	-$13M
FREE CASH FLOW	$475M
Net Change in Cash	$29M

Balance Sheet

Item	Amount
Cash & Equivalents	$75M
Short-Term Investments	$6.7B
Net Receivables	$0
Inventory	-$1.8B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$8.1B
PP&E (Net)	$9.4B
Goodwill	$1.1B
Intangible Assets	$309M
Long-Term Investments	$7.7B
Tax Assets	$26M
Other Non-Current Assets	-$9.1B
TOTAL NON-CURRENT ASSETS	$9.1B
TOTAL ASSETS	$11.5B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	-$675M
TOTAL CURRENT LIABILITIES	$448M
Long-Term Debt	$909M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$26M
Other Non-Current Liabilities	$7.6B
TOTAL NON-CURRENT LIABILITIES	$935M
TOTAL LIABILITIES	$8.5B
Common Stock	$7M
Additional Paid-In Capital	$1.7B
Retained Earnings	$1.4B
Treasury Stock	$0
Accum. Other Comp. Income	$22M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.1B
Minority Interest	$0
TOTAL EQUITY	$3.1B
TOTAL LIABILITIES & EQUITY	$11.5B
Total Debt	$909M
Net Debt	$834M