ABCO (ABCO)
Advisory Board Co. (The)
NASDAQ:ABCOHealthcare · Medical - Equipment & Services
Mkt Cap-
Float-
O/S-
Inst Own-
Dilution
Financials Summary
Revenue$803.42M
Net Income$91.24M
Total Assets$2.04B
Free Cash Flow$67.17M
Debt & Equity
Debt 50%
Equity 50%
Total Debt$522.09M
Total Equity$517.04M
Shares Outstanding
Short Interest
Split History1 split
- 2:1Forward splitJun 19, 20121 share → 2
Balance Sheet Details
Assets$2.04B
Liabilities$1.52B
Accounts Receivable$605.52M
Accounts Payable$67.7M
Inventory$0
PP&E (Net)$171.28M
Goodwill$739.51M
Intangible Assets$255.05M
Income Statement
| Period | FY 2016 | FY 2015 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2016-12-31 | 2015-12-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 |
| Revenue | $803.42M | $768.35M | $450.84M | $370.35M | $290.25M | $239.32M | $230.36M | $218.97M | $189.84M | $165.05M | $141.65M | $121.85M | $100.71M | $80.97M |
| YoY Growth | 4.6% | 70.4% | 21.7% | 27.6% | 21.3% | 3.9% | 5.2% | 15.3% | 15.0% | 16.5% | 16.3% | 21.0% | 24.4% | - |
| Cost of Revenue | $392.96M | $392.68M | $240.04M | $203.19M | $154.4M | $124.41M | $116.56M | $102.29M | $90.13M | $70.96M | $58.35M | $50.17M | $41.6M | $37.14M |
| Gross Profit | $410.47M | $375.67M | $210.8M | $167.16M | $135.85M | $114.91M | $113.8M | $116.68M | $99.71M | $94.09M | $83.3M | $71.68M | $59.12M | $43.83M |
| Gross Margin | 51.1% | 48.9% | 46.8% | 45.1% | 46.8% | 48.0% | 49.4% | 53.3% | 52.5% | 57.0% | 58.8% | 58.8% | 58.7% | 54.1% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $126.63M | $128.67M | $62.19M | $47.89M | $38.23M | $32.13M | $26.73M | $25.27M | $22.82M | $16.14M | $15.96M | $15.45M | $12.51M | $10.66M |
| Other | $0 | $0 | $0 | $73.88M | $65.07M | $53.93M | $52.29M | $45.89M | $40.2M | $33.67M | $28.35M | $24.6M | $19.84M | $16.1M |
| Total Operating Expenses | $126.63M | $128.67M | $62.19M | $121.77M | $103.29M | $86.06M | $79.02M | $71.16M | $63.02M | $49.8M | $44.31M | $40.04M | $32.35M | $26.76M |
| Operating Income (EBIT) | $76.54M | -$54.4M | $43.47M | $36.36M | $26.59M | $15.06M | $29.14M | $41.93M | $34.63M | $42.74M | $35.91M | $28.55M | $23.79M | $10.88M |
| Operating Margin | 9.5% | -7.1% | 9.6% | 9.8% | 9.2% | 6.3% | 12.6% | 19.1% | 18.2% | 25.9% | 25.4% | 23.4% | 23.6% | 13.4% |
| Interest Expense | $18.14M | $21.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$20.93M | -$45.02M | -$21.41M | $3.03M | $1.87M | $2.34M | $2.44M | $6.14M | $6.82M | $5.77M | $3.97M | $2.91M | $1.04M | $453K |
| Income Before Tax (EBT) | $55.61M | -$99.42M | $22.05M | $39.39M | $28.45M | $17.4M | $31.59M | $48.07M | $41.44M | $48.51M | $39.88M | $31.46M | $24.83M | $11.33M |
| Income Tax Expense | $11.04M | $15.2M | $17.26M | -$15.2M | $9.93M | $5.97M | $10.12M | $16.01M | $14.05M | $22.87M | $16.53M | $12.74M | $10.39M | $1.36M |
| Net Income | $91.24M | -$119.01M | $22.16M | $25.29M | $18.52M | $11.43M | $21.47M | $32.06M | $27.39M | $25.64M | $23.35M | $18.72M | $14.44M | $9.98M |
| Net Income Margin | 11.4% | -15.5% | 4.9% | 6.8% | 6.4% | 4.8% | 9.3% | 14.6% | 14.4% | 15.5% | 16.5% | 15.4% | 14.3% | 12.3% |
| Supplementary Data | ||||||||||||||
| EPS | 2.23 | -2.84 | 0.64 | 0.74 | 1.18 | 0.74 | 1.31 | 1.78 | 1.46 | 1.35 | 1.32 | 1.19 | 1.10 | 0.73 |
| Diluted EPS | 2.23 | -2.84 | 0.61 | 0.70 | 1.13 | 0.68 | 1.30 | 1.72 | 1.46 | 1.35 | 1.32 | 1.19 | 1.10 | 0.73 |
| Weighted Average OS | 40.87M | 41.89M | 34.72M | 34.18M | 15.73M | 15.52M | 16.44M | 18.00M | 18.71M | 18.98M | 17.74M | 15.74M | 13.14M | 13.75M |
| EBITDA | $198.62M | -$8.26M | $61.34M | $19.12M | $14.56M | $11.86M | $17M | $19.64M | $15.42M | $4.33M | $8.52M | $7.4M | $5.77M | $10.55M |
| EBITDA Margin | 24.7% | -1.1% | 13.6% | 5.2% | 5.0% | 5.0% | 7.4% | 9.0% | 8.1% | 2.6% | 6.0% | 6.1% | 5.7% | 13.0% |
Balance Sheet
| Period | FY 2016 | FY 2015 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2016-12-31 | 2015-12-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $91.15M | $71.83M | $57.83M | $81.74M | $30.38M | $61.24M | $23.75M | $17.91M | $13.2M | $21.68M | $27.87M | $41.39M | $33.3M | $23.96M |
| Short-Term Investments | $19.86M | $706K | $16.61M | $16.79M | $0 | $10.42M | $8.38M | $8.09M | $12.72M | $8.48M | $3M | $3.74M | $57.11M | $0 |
| Cash and Short-Term Investments | $111.01M | $72.53M | $74.44M | $98.53M | $30.38M | $71.66M | $32.13M | $25.99M | $25.91M | $30.16M | $30.87M | $45.13M | $90.41M | $23.96M |
| Accounts Receivable | $605.52M | $605.44M | $351.6M | $367.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$893K | $21.95M | $23.14M | $17.51M | $192.13M | $152.41M | $124.94M | $98.13M | $82.47M | $59.19M | $43.52M | $36.96M | -$32.48M | $20.36M |
| Total Current Assets | $715.63M | $699.92M | $449.18M | $483.93M | $222.5M | $224.07M | $157.07M | $124.12M | $108.38M | $89.36M | $74.39M | $82.08M | $57.93M | $44.32M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $171.28M | $183.06M | $71.17M | $65.34M | $29.53M | $22.18M | $34.16M | $22.9M | $17.42M | $8.42M | $9.02M | $6.7M | $2.89M | $4.19M |
| Goodwill | $739.51M | $738.2M | $95.54M | $95.43M | $67.16M | $37.26M | $24.56M | $5.43M | $5.43M | $5.43M | $0 | $0 | $0 | $0 |
| Intangible Assets | $255.05M | $274.72M | $32.38M | $33.35M | $18.45M | $9.16M | $4.46M | $1.25M | $1.01M | $2.04M | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $1.8M | $140.23M | $117.98M | $0 | $10.42M | $8.38M | $8.09M | $12.72M | $8.48M | $3M | $3.74M | $57.11M | $0 |
| Deferred Tax Assets | $52.48M | $0 | $3.89M | $3.91M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $102.92M | $82.17M | $85.32M | $73.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $1.32B | $1.28B | $428.53M | $389.74M | $115.13M | $79.02M | $71.57M | $37.66M | $36.58M | $24.36M | $12.03M | $10.44M | $60M | $4.19M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $2.04B | $1.98B | $877.71M | $873.67M | $337.64M | $303.09M | $228.63M | $161.78M | $144.96M | $113.72M | $86.42M | $92.52M | $117.92M | $48.51M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $67.7M | $74.88M | $75.09M | $61.12M | $51.96M | $51.25M | $35.78M | $26.99M | $18.72M | $15.45M | $8.73M | $8.26M | $5.48M | $7.17M |
| Short-Term Debt | $49.35M | $27.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $7.4M | $1.39M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $564.24M | $581.47M | $386.74M | $396M | $5.89M | $5.63M | $3.08M | $12.73M | $21.67M | $19.5M | $19.77M | $17.12M | $11.53M | $3.42M |
| Other Current Liabilities | $25.52M | $41.17M | $21.03M | $18.65M | $231.59M | $189.21M | $154.85M | $131.77M | $105.93M | $88.12M | $70.31M | $62.99M | $59.02M | $54.1M |
| Total Current Liabilities | $706.81M | $725.37M | $482.86M | $475.77M | $289.44M | $246.09M | $193.71M | $171.49M | $146.32M | $123.06M | $98.81M | $88.38M | $76.04M | $64.69M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $472.74M | $522.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $170.36M | $173.95M | $97.56M | $112.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $89.01M | $93.89M | $7.66M | $8.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $17.55M | $12.49M | $15.87M | $18.93M | $11.02M | $3.15M | $3.78M | $1.41M | $1.39M | $636K | $1.01M | $0 | $0 | $0 |
| Total Long-Term Liabilities | $749.66M | $802.7M | $121.09M | $140.76M | $11.02M | $3.15M | $3.78M | $1.41M | $1.39M | $636K | $1.01M | $0 | $0 | $0 |
| Other Liabilities | $63.37M | $2.7M | -$7.67M | -$8.9M | $42.14M | $25.71M | $19.87M | $9.68M | $0 | $0 | $0 | $0 | $392K | $400K |
| Total Liabilities | $1.52B | $1.53B | $596.28M | $607.64M | $342.6M | $274.96M | $217.36M | $182.59M | $147.71M | $123.69M | $99.83M | $88.38M | $76.43M | $65.09M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $402K | $416K | $351K | $351K | $225K | $218K | $217K | $215K | $208K | $203K | $199K | $183K | $148K | $121K |
| Retained Earnings | -$266.22M | -$295.86M | -$95.81M | -$97.21M | $164.45M | $145.93M | $134.49M | $113.02M | $80.96M | $53.57M | $27.93M | $37.69M | $18.97M | $0 |
| Comprehensive Income & Other | $461K | $202K | $1.26M | $1.95M | -$120K | $1.03M | $1.31M | $1.54M | -$1.16M | -$2.62M | -$1.27M | $1.03M | $0 | $0 |
| Other Stockholders' Equity | $782.86M | $744.53M | $376.88M | $362.89M | -$16.08M | -$34.33M | -$35.81M | $9.29M | $57.29M | $93.39M | $117.19M | $77.75M | $22.37M | -$16.71M |
| Total Equity | $517.04M | $449.09M | $281.43M | $266.03M | $148.59M | $111.81M | $98.9M | $122.53M | $138.46M | $147.16M | $145.31M | $115.62M | $41.49M | -$16.59M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.04B | $1.98B | $877.71M | $873.67M | $491.19M | $386.77M | $316.26M | $305.11M | $286.17M | $270.86M | $245.14M | $204M | $117.92M | $48.51M |
| Supplementary Data | ||||||||||||||
| Total Debt | $522.09M | $550.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $430.94M | $478.39M | -$57.83M | -$81.74M | -$30.38M | -$61.24M | -$23.75M | -$17.91M | -$13.2M | -$21.68M | -$27.87M | -$41.39M | -$33.3M | -$23.96M |
Cash Flow Statement
| Period | FY 2016 | FY 2015 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2016-12-31 | 2015-12-31 | 2013-03-31 | 2012-03-31 | 2011-03-31 | 2010-03-31 | 2009-03-31 | 2008-03-31 | 2007-03-31 | 2006-03-31 | 2005-03-31 | 2004-03-31 | 2003-03-31 | 2002-03-31 |
| Operating Activities | ||||||||||||||
| Net Income | $91.24M | -$119.01M | $22.16M | $25.29M | $18.52M | $11.43M | $21.47M | $32.06M | $27.39M | $25.64M | $23.35M | $18.72M | $14.44M | $9.98M |
| Depreciation & Amortization | $78.21M | $74.43M | $21.92M | $9.03M | $5.97M | $6.39M | $5.65M | $3.59M | $2.07M | $1.55M | $1.7M | $1.42M | $1.72M | $1.93M |
| Deferred Income Tax | $6.81M | -$6.67M | -$261K | -$85K | -$1.51M | -$8.14M | $3.63M | $14.91M | $12.94M | $22.3M | $1.91M | $12.64M | $6.14M | -$2.31M |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$73K | -$37.14M | -$68.41M | -$104.2M | -$32.35M | -$25.82M | -$25.48M | -$23.87M | -$20.85M | -$16.36M | -$6.98M | -$5.1M | $4.87M | -$2.27M |
| Inventory | $25.15M | -$6.7M | $47.29M | $153.58M | $44.8M | $52.93M | $68.41M | $53.54M | $50.38M | $35.6M | $13.01M | $19.86M | $10.55M | $0 |
| Accounts Payable | $380K | -$6.68M | $50.29M | $17.56M | $9.57M | $9.53M | $4.45M | $8.27M | $4.17M | $5.18M | $268K | $3.36M | $4.96M | $4.48M |
| Other Working Capital | $8.83M | -$25.45M | -$33.68M | -$29.17M | -$66.94M | -$22.03M | -$36.64M | -$47.37M | -$37.94M | -$33.7M | -$24.42M | -$6.29M | -$18.11M | -$2.21M |
| Total Working Capital Change | $34.28M | -$75.97M | -$4.51M | $37.77M | -$44.91M | $14.61M | $10.73M | -$9.43M | -$4.24M | -$9.28M | -$18.13M | $11.82M | $2.26M | -$18.16M |
| Other Non-Cash Items | -$127.41M | $260.06M | $28.61M | $8.85M | $63.6M | $10.22M | -$14.24M | $25.12M | $18.99M | $16.61M | $37.84M | -$4.77M | -$22.48M | $28.46M |
| Net Cash from Operating | $112.56M | $161.93M | $81.83M | $92.84M | $50.47M | $46.67M | $39.69M | $60.32M | $50.22M | $51.25M | $44.23M | $39.71M | $1.72M | $19.86M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | -$45.39M | -$52.94M | -$35.55M | -$29.19M | -$10.32M | -$1.8M | -$14.02M | -$9.06M | -$9.82M | -$860K | -$4.14M | -$5.22M | -$531K | -$864K |
| Acquisitions | -$1.9M | -$746.69M | -$31.89M | -$17.69M | -$42.6M | -$11.1M | -$18.59M | $0 | -$895K | -$3.83M | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$61.62M | -$53M | -$18M | -$65.99M | -$63.08M | -$28.56M | -$27.03M | -$74.6M | -$18M | -$31.88M | -$51.94M | -$54.66M | -$56.52M | $0 |
| Sales of Investments | $0 | $14.71M | $35.38M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $107.05M | $46.24M | -$55.41M | $102.88M | $24.07M | $36.46M | $87.06M | $91.31M | $19.57M | $6.09M | $20.71M | $13.35M | $0 | $0 |
| Net Cash from Investing | -$1.86M | -$791.67M | -$105.47M | -$10M | -$91.94M | -$5M | $27.42M | $7.65M | -$9.14M | -$30.49M | -$35.37M | -$46.54M | -$57.05M | -$864K |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $4.34M | $4.75M | $24.14M | $31.03M | $17.77M | $214K | $420K | $17.64M | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$61.62M | -$53M | -$18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$91.38M | $628.63M | $20.83M | $29.84M | $10.61M | -$4.89M | -$61.27M | -$63.26M | -$49.56M | -$26.95M | -$22.39M | $14.91M | $21.84M | -$15.89M |
| Net Cash from Financing | -$91.38M | $628.63M | $20.83M | $29.84M | $10.61M | -$4.89M | -$61.27M | -$63.26M | -$49.56M | -$26.95M | -$22.39M | $14.91M | $21.84M | -$15.89M |
| Forex Effect | $0 | $0 | $0 | -$82.42M | $0 | $707K | $0 | $0 | $0 | $0 | $0 | $0 | $42.83M | $0 |
| Net Change in Cash | $19.33M | -$1.11M | -$2.81M | $30.26M | -$30.86M | $37.49M | $5.84M | $4.71M | -$8.48M | -$6.19M | -$13.52M | $8.09M | $9.34M | $3.11M |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $112.56M | $161.93M | $81.83M | $92.84M | $50.47M | $46.67M | $39.69M | $60.32M | $50.22M | $51.25M | $44.23M | $39.71M | $1.72M | $19.86M |
| Capital Expenditure | -$45.39M | -$52.94M | -$35.55M | -$29.19M | -$10.32M | -$1.8M | -$14.02M | -$9.06M | -$9.82M | -$860K | -$4.14M | -$5.22M | -$531K | -$864K |
| Free Cash Flow | $67.17M | $108.99M | $46.28M | $63.65M | $40.15M | $44.87M | $25.67M | $51.25M | $40.4M | $50.39M | $40.09M | $34.49M | $1.19M | $19M |
| Cash at Beginning | $71.83M | $72.94M | $60.64M | $30.38M | $61.24M | $23.75M | $17.91M | $13.2M | $21.68M | $27.87M | $41.39M | $33.3M | $23.96M | $20.85M |
| Cash at End | $91.15M | $71.83M | $57.83M | $60.64M | $30.38M | $61.24M | $23.75M | $17.91M | $13.2M | $21.68M | $27.87M | $41.39M | $33.3M | $23.96M |