ServiceMaster Serves Earnings: Fool by Numbers

On Aug. 2, ServiceMaster (NYSE: SVM  ) released earnings for the 2005 second quarter ending June 30.

  • Think Berkshire Hathaway's (NYSE: BRKa  ) (NYSE: BRKb  ) Warren Buffett is happy with the company's ServiceMaster investment? The stock has done well enough so far.

  • Cash flow from operations was impacted by a previously disclosed $132 million tax payment.

(Figures in thousands, except per-share data)

Income Statement Highlights(What's this?)

Avg. Est.

Q2 2005

Q2 2004

% Change

Sales

$1,150,000

$1,174,112

$1,088,716

+7.8%

Net Profit

--

$79,801

$70,396

+13.4%

EPS

$0.25

$0.27

$0.24

+12.5%



Margin Checkup(What's this?)

Q2 2005

Q2 2004

Change

Gross Margin

36.52%

35.91%

+0.60%

Op. Margin

12.34%

11.88%

+0.46%

Net Margin

6.80%

6.47%

+0.33%



Balance Sheet Highlights(What's this?)

Assets

Q2 2005

Q2 2004

% Change

Cash+ ST Invest.

$230,938

$263,489

-12.4%

Inventory

$292,477

$297,812

-1.8%

Accounts Rec.

$459,585

$420,568

+9.3%



Liabilities

Q2 2005

Q2 2004

% Change

Long-Term Debt

$776,950

$786,431

-1.2%

Current Liab.

$949,978

$900,513

+5.5%



Cash Flow Highlights(What's this?)

Q2 2005

Q2 2004

% Change

Cash From Ops

$(2,859)

$115,696

N/A

Capital Expend.

$22,328

$24,226

-7.8%

Free Cash Flow

$(25,187)

$91,470

N/A



Related Companies:

  • ABM Industries (NYSE: ABM  )
  • Berkshire Hathaway
  • Ecolab (NYSE: ECL  )
  • Home Depot (NYSE: HD  )
  • Lowe's (NYSE: LOW  )
  • Rollins (NYSE: ROL  )

Related Foolishness:

  • ServiceMaster could've used a touch-up in Q1
  • But everything came up roses in last year's fourth quarter.
  • What does Buffett see in ServiceMaster?

ServiceMaster is aMotley Fool Income Investorpick. If the idea of getting paid to beat the market's average return sounds appealing to you, takea risk-free trialtoday. Your portfolio will thank you.

Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so checkFool.comfor more of our in-depth discussion of what the numbers mean.

Fool contributorTim Beyersowns shares of Berkshire Hathaway. You can find out what else is in his portfolio by checking Tim's Fool profile, which ishere. The Motley Fool has an ironcladdisclosure policy.


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