On Feb. 1, 2007, AstraZeneca
- Sales increased by 13.8%, thanks to strong performance from key drugs like Crestor, Seroquel, and Arimidex. The company's flagship product, Nexium, also reported solid growth of 12%, reaching sales of $5.2 billion.
- While margins were flat across the board, they remain at very robust levels.
- For 2007, management expects high single-digit revenue growth with double-digit EPS growth. 2007 EPS is guided to fall in a range of $3.80 to $4.05. A forward P/E of 15 is reasonably attractive, given the company's drug portfolio and growth prospects.
(Figures in millions, except per-share data)
Income Statement Highlights
Q4 2006 |
Q4 2005 |
Change |
|
---|---|---|---|
Sales |
$7,154 |
$6,286 |
13.8% |
Net Profit |
$1,445 |
$1,227 |
17.8% |
EPS |
$0.93 |
$0.77 |
20.8% |
Diluted Shares |
1,545 |
1,592 |
(3.0%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2006 |
Q4 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
77.9% |
77.9% |
0.0 |
Operating Margin |
28.0% |
26.0% |
2.0 |
Net Margin |
20.2% |
19.5% |
0.7 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$7,760 |
$6,603 |
17.5% |
Accounts Rec. |
$5,561 |
$4,778 |
16.4% |
Inventory |
$2,250 |
$2,206 |
2.0% |
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Accounts Payable |
$6,334 |
$5,466 |
15.9% |
Long-Term Debt |
$1,087 |
$1,111 |
(2.2%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
YTD 2006 |
YTD 2005 |
Change |
|
---|---|---|---|
Cash From Ops. |
$7,693 |
$6,743 |
14.1% |
Capital Expenditures |
$794 |
$810 |
(2.0%) |
Free Cash Flow |
$6,899 |
$5,933 |
16.3% |
Find out why Fools always follow the money.
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(NYSE:LLY) -
Merck
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Abbott Laboratories
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Wyeth
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Related Foolishness:
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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.