On March 1, computer maker Dell
- The results are preliminary; the second- and third-quarter 10-Qs have yet to be filed because of the ongoing SEC probe into the company's accounting practices. That's the reason you won't see any balance-sheet or cash-flow info below.
- An 18% decline in desktop unit sales contributed to the 5% drop in revenue. Top competitors such as Hewlett-Packard
(NYSE:HPQ) -- which passed Dell in market share last year -- are licking their lips. - Management expressed disappointment with the results, and newly reinstalled CEO Michael Dell promised to "transform the company."
- Nearly 3,000 investors have rated the stock in Motley Fool CAPS, where it sports a mediocre two stars out of a possible five.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$14,402 |
$15,183 |
(5.1%) |
|
Net Profit |
$673 |
$1,012 |
(33.5%) |
|
EPS |
$0.30 |
$0.43 |
(30.2%) |
|
Diluted Shares |
2,251 |
2,375 |
(5.2%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
17.1% |
17.8% |
(0.7) |
|
Operating Margin |
5.6% |
8.2% |
(2.7) |
|
Net Margin |
4.7% |
6.7% |
(2.0) |
Margins are the earnings engine. See how they work.
Related Foolishness:
Dell is a recommendation of Motley Fool Inside Value and Motley Fool Stock Advisor. Read all about it with a free 30-day trial to either service.
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.
