On Feb. 27, O'Reilly Automotive
- Sales increased by 8.4% because of a 2.1% increase in comparable-store sales.
- O'Reilly's net profit only increased 210 basis points because the gross margin and the operating margin decreased due to higher costs.
- The company, which sells auto parts, forecasts opening 190 to 195 new stores this year.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$558.3 |
$515.0 |
8.4% |
|
Net Profit |
$40.4 |
$39.5 |
2.1% |
|
EPS |
$0.35 |
$0.35 |
0.0% |
|
Diluted Shares |
115.4 |
114.0 |
1.2% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin** |
44.6% |
44.9% |
(0.3) |
|
Operating Margin |
11.5% |
12.3% |
(0.8) |
|
Net Margin |
7.2% |
7.7% |
(0.4) |
**Cost of goods includes warehouse and distribution expenses
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$29.9 |
$31.4 |
(4.7%) |
|
Accounts Rec. |
$81.0 |
$73.8 |
9.7% |
|
Inventory |
$812.9 |
$725.3 |
12.1% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$318.4 |
$292.7 |
8.8% |
|
Total Debt |
$110.5 |
$100.8 |
9.6% |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
2006 |
2005 |
Change |
|
|---|---|---|---|
|
Cash Flow* |
$195.7 |
$179.3 |
9.1% |
|
Capital Expenditures |
$54.0 |
$55.6 |
(2.8%) |
|
Structural Free Cash Flow |
$141.7 |
$123.7 |
14.6% |
Find out why Fools always follow the money.
Related Foolishness:
AutoZone is a Motley Fool Inside Value recommendation. What is Wall Street overlooking now? Inside Value gives subscribers the big names with the best prospects for good returns. A free trial gives you all the picks and how they're doing.
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.
