On Feb. 21, IHOP (NYSE:IHP) released fourth-quarter earnings for the period ended Dec. 31.
- Revenues for the company remained flat, as falling financing revenues offset marginal growth in franchise revenue, rental income, and company restaurant sales.
- Share repurchases for fiscal 2006 amounted to approximately 889,000 shares, totaling $42.7 million.
- There are only 20 ratings for IHOP in our community intelligence service, Motley Fool CAPS, with 18 Fools voting thumbs-up. If you have an opinion, bring it to CAPS.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change | |
|---|---|---|---|
|
Sales |
$87,932.0 |
$87,990.0 |
(0.1%) |
|
Net Profit |
$10,330.0 |
$9,961.0 |
3.7% |
|
EPS |
$0.57 |
$0.53 |
7.5% |
|
Diluted Shares |
18,051.0 |
18,837.0 |
(4.2%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* | |
|---|---|---|---|
|
Franchise and Rental Margin |
41.3% |
40.5% |
0.8 |
|
EBT Margin** |
19.5% |
18.3% |
1.2 |
|
Net Margin |
11.8% |
11.3% |
0.4 |
**Earnings before taxes
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$19,516.0 |
$23,111.0 |
(15.6%) |
|
Accounts Rec. |
$45,571.0 |
$43,690.0 |
4.3% |
|
Inventory |
$396.0 |
$537.0 |
(26.3%) |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$14,689.0 |
$15,083.0 |
(2.6%) |
|
Long-Term Debt |
$264,880.0 |
$286,891.0 |
(7.7%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
2006 |
2005 |
Change | |
|---|---|---|---|
|
Cash From Ops. |
$64,859.0 |
$55,353.0 |
17.2% |
|
Capital Expenditures |
$9,426.0 |
$7,365.0 |
28.0% |
|
Free Cash Flow |
$55,433.0 |
$47,988.0 |
15.5% |
Find out why Fools always follow the money.
Related companies:
- Denny's (NASDAQ:DENN)
- Darden Restaurants (NYSE:DRI)
- Jack in the Box (NYSE:JBX)
- Wendy's (NYSE:WEN)
- Bob Evans (NASDAQ:BOBE)
Related Foolishness:
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