On Feb. 1, Time Warner
- In 2005, the company paid out $3 billion as part of its $12.5 billion stock repurchase program, which is scheduled to run until August 2007.
- AOL's sales were down by 8% during the quarter.
- Time Warner's studios combined for the No. 1 position in global box office for the fifth consecutive year.
(Figures in millions, except per-share data)
Income Statement Highlights
Avg. Est. |
Q4 2005 |
Q4 2004 |
% Change |
|
---|---|---|---|---|
Sales |
$11,880 |
$11,887 |
$11,109 |
+7.0% |
Net Profit |
-- |
$1,366 |
$1,127 |
+21.2% |
EPS |
$ 0.22 |
$0.29 |
$0.24 |
+20.8% |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2005 |
Q4 2004 |
Change |
|
---|---|---|---|
Gross Margin |
43.03% |
41.58% |
+1.45% |
Op. Margin |
18.51% |
14.43% |
+4.08% |
Net Margin |
11.49% |
10.14% |
+1.35% |
Margins are the earnings engine. See how they work..
Balance Sheet Highlights
Assets |
Q4 2005 |
Q4 2004 |
% Change |
---|---|---|---|
Cash+ ST Invest. |
$4,220 |
$6,139 |
-31.3% |
Inventory |
$1,806 |
$1,737 |
+4.0% |
Accounts Rec. |
$6,411 |
$5,512 |
+16.3% |
Liabilities |
Q4 2005 |
Q4 2004 |
% Change |
---|---|---|---|
Long-Term Debt |
$20,238 |
$20,703 |
-2.2% |
Accounts Pay. |
$1,380 |
$1,339 |
+3.1% |
Related Companies:
-
Yahoo
(NASDAQ:YHOO) -
Microsoft
(NASDAQ:MSFT) -
Google
(NYSE:GOOG) -
CBS
(NYSE:CBS) -
Disney
(NYSE:DIS) -
AT&T
(NYSE:T)
Related Foolishness:
- The Highest Possible Returns. Period.
- Foolish Fundamentals: Valuation
- Foolish Fundamentals: The Income Statement
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.
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At the time of publication, John Reeves did not own any positions in the companies mentioned. Fool rules are here.