On Feb. 1, Anheuser-Busch Companies
- Net sales increased by 1.8% to $3.4 billion for the quarter, thanks to growth in all sectors except domestic beer.
- Net profit grew by 31% to $190.7 million, mainly because of lower SG&A expenses.
- Anheuser-Busch is a three-star company in our community intelligence database, CAPS, with 538 out of 602 CAPS investors predicting it will outperform the S&P 500.
(Figures in millions, except per-share data)
Income Statement Highlights
Q4 2006 |
Q4 2005 |
Change |
|
---|---|---|---|
Sales |
$3,424.8 |
$3,365.4 |
1.8% |
Net Profit |
$190.7 |
$145.6 |
31.0% |
EPS |
$0.25 |
$0.19 |
31.6% |
Diluted Shares |
773.7 |
780.3 |
(0.8%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2006 |
Q4 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
28.7% |
29.3% |
(0.6) |
Operating Margin |
6.4% |
6.1% |
0.3 |
Net Margin |
5.6% |
4.3% |
1.2 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$219.2 |
$225.8 |
(2.9%) |
Accounts Rec. |
$720.2 |
$681.4 |
5.7% |
Inventory |
$694.9 |
$654.5 |
6.2% |
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Accounts Payable |
$1,426.3 |
$1,249.5 |
14.1% |
Long-Term Debt |
$7,653.3 |
$7,972.1 |
(4.0%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
YTD 2006 |
YTD 2005 |
Change |
|
---|---|---|---|
Cash From Ops. |
$2,709.4 |
$2,701.9 |
0.3% |
Capital Expenditures |
$812.5 |
$1,136.7 |
(28.5%) |
Free Cash Flow |
$1,896.9 |
$1,565.2 |
21.2% |
Find out why Fools always follow the money.
Related Companies:
-
Molson Coors
(NYSE:TAP) -
Quilmes Industrial
(NYSE:LQU) -
AmBev
(NYSE:ABV) -
Boston Beer
(NYSE:SAM) -
Compania Cervecerias Unidas
(NYSE:CU)
Related Foolishness:
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