On Feb. 26, ONEOK
- Full-year total revenues decreased 6.1% to $11.9 billion.
- Net income for the year, excluding asset sales, increased 2.4% to $274 million.
- Gross margins for both the full year and the fourth quarter improved year over year, rising to 14.5% and 15.4%, respectively.
- Thirty-one Motley Fool CAPS All-Stars expect OKE to outperform the S&P 500.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$3,067.7 |
$4,696.2 |
(34.7%) |
|
Net Profit |
$74.6 |
$237.6* |
(68.6%) |
|
EPS |
$0.66 |
$2.32* |
(71.5%) |
|
Diluted Shares |
112.7 |
103.4 |
9.0% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
15.4% |
8.7% |
6.7 |
|
Operating Margin |
6.6% |
9.6% |
(3.0) |
|
Net Margin |
2.4% |
5.1% |
(2.7) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Rec. |
$1,348.5 |
$1,961.2 |
(31.2%) |
|
Inventory |
$925.2 |
$911.4 |
1.5% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$1,077.0 |
$1,514.6 |
(28.9%) |
|
Long-Term Debt |
$4,030.9 |
$2,024.1 |
99.1% |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$873.4 |
($164.3) |
N/A |
|
Capital Expenditures |
$376.3 |
$250.5 |
50.2% |
|
Free Cash Flow |
$497.1 |
($414.8) |
N/A |
Find out why Fools always follow the money.
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.
