Financials in USD. Standardized financial statements.
A compact view of how Education Management Corporation turns revenue into operating income and net income.
| Metric | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $2.27B | $2.50B | $2.76B | $2.89B | $2.51B | $2.01B | $1.68B | $1.36B | $1.17B | $1.02B |
| Revenue Growth? | -9.0% | -9.5% | -4.4% | +15.1% | +24.7% | +19.4% | +23.5% | +16.5% | +14.8% | 0.0% |
| Cost of Revenue? | $1.37B | $1.45B | $1.50B | $1.48B | $1.27B | $1.07B | $901.05M | $801.55M | $709.33M | $640.45M |
| Gross Profit? | $899.04M | $1.05B | $1.26B | $1.41B | $1.24B | $943.73M | $783.10M | $562.14M | $460.83M | $378.89M |
| Gross Margin? | +39.6% | +42.1% | +45.5% | +48.7% | +49.5% | +46.9% | +46.5% | +41.2% | +39.4% | +37.2% |
| Operating Expenses? | $820.07M | $853.86M | $919.40M | $905.50M | $822.61M | $624.96M | $519.57M | $334.19M | $310.14M | $210.31M |
| Operating Income? | $647.18M | -$126.04M | -$1.41B | $501.30M | $418.81M | $318.77M | $263.54M | $227.94M | $150.70M | $168.59M |
| EBITDA? | $799.69M | $362.36M | -$1.26B | $647.80M | $589.38M | $431.06M | $363.81M | $318.51M | $220.98M | $229.28M |
| Income Before Tax | -$617.28M | -$255.94M | -$1.53B | $369.20M | $250.15M | $165.53M | $107.18M | $59.66M | $141.94M | $168.81M |
| Income Tax Expense | $46.64M | $12.04M | -$13.70M | $139.70M | $81.64M | $61.12M | $41.19M | $27.24M | $61.19M | $67.23M |
| Net Income? | -$663.92M | -$267.98M | -$1.52B | $229.50M | $168.51M | $104.41M | $65.99M | $32.41M | $80.75M | $101.57M |
| EPS? | $0.00 | $-2.15 | $-12.18 | $1.77 | $1.23 | $0.87 | $0.55 | $1.23 | $1.13 | $1.37 |
| Diluted EPS? | $0.00 | $-2.15 | $-11.97 | $1.66 | $1.22 | $0.87 | $0.55 | $1.23 | $1.11 | $1.35 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality