On May 7, Motley Fool Income Investor selection National Fuel Gas
• Decreased revenue was offset by stronger margins and share buybacks, leading to a slight increase in EPS.
• Free cash flow increased by 31.5% to $142.4 on account of higher cash flow from operations combined with lower capital expenditures.
• National Fuel Gas sports only a two-star rating in Motley Fool CAPS, our investor intelligence database.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q2 2007 |
Q2 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$812.2 |
$891.0 |
(8.8%) |
|
Net Profit |
$78.4 |
$78.6 |
(0.2%) |
|
EPS |
$0.92 |
$0.91 |
1.1% |
|
Diluted Shares |
85.0 |
86.3 |
(1.4%) |
Get back to basics with the income statement.
Margin Checkup
|
Q2 2007 |
Q2 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
41.3% |
36.4% |
4.9 |
|
Operating Margin |
18.2% |
15.6% |
2.6 |
|
Net Margin |
9.7% |
8.8% |
0.8 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$121.8 |
$98.1 |
24.2% |
|
Accounts Rec. |
$335.7 |
$358.0 |
(6.2%) |
|
Inventory |
$62.8 |
$64.3 |
(2.3%) |
|
Liabilities |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$167.0 |
$145.4 |
14.8% |
|
Long-Term Debt |
$999.0 |
$1,114.4 |
(10.4%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
YTD 2007 |
YTD 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$274.7 |
$243.2 |
12.9% |
|
Capital Expenditures |
$132.3 |
$135.0 |
(2%) |
|
Free Cash Flow |
$142.4 |
$108.2 |
31.5% |
Free cash flow is a Fool's best friend.
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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 check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
