On Oct. 26, GlaxoSmithKline
- Strong pharmaceutical sales in the U.S. led to 8.7% revenue growth.
- Decline in selling, general, and administration expenses led to 24.5% increase in net profit.
- Tax and increase in working capital led to decline in cash generated from operations, thereby lowering FCF.
(Figures in millions except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
N/A |
$10,617 |
$9,763 |
8.7% |
|
Net Profit |
-- |
$2,681 |
$2,154 |
24.5% |
|
EPS |
N/A |
$0.47 |
$0.38 |
23.7% |
|
Diluted Shares |
-- |
5,711 |
5,712 |
(0%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
78.34% |
78.36% |
(0.02) |
|
Operating Margin |
35.86% |
32.59% |
3.27 |
|
Net Margin |
25.27% |
22.90% |
2.37 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$6,333 |
$11,374 |
(44.3%) |
|
Accounts Rec. |
$9,821 |
$8,587 |
14.4% |
|
Inventory |
$4,662 |
$3,892 |
19.8% |
|
Liabilities |
Q3 2006 |
2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$8,623 |
$8,101 |
6.4% |
|
Long-Term Debt |
$9,073 |
$9,221 |
(1.6%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
($116) |
$3,239 |
N/A |
|
Capital Expenditures |
$690 |
$423 |
63.1% |
|
Free Cash Flow |
($806) |
$2,816 |
N/A |
Find out why Fools always follow the money.
Related Companies:
-
Novartis
(NYSE:NVS) -
Pfizer
(NYSE:PFE) -
Sanofi-Aventis
(NYSE:SNY)
Related Foolishness:
- Glaxo's Prescription for Sagging Sales
- Glaxo's Burgeoning Blockbuster
- GlaxoSmithKline: Reliable, Dependable ... Kinda Boring
- Glaxo's Big Tax Bill
GlaxoSmithKline is a Motley Fool Income Investor pick, while Pfizer is a Motley Fool Inside Value selection.
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.
