EdgeScore

VMRK · NYSE

VIVMARK RESIDENTIAL: financial statements

Financially weak · see the checkFigures in USD, fiscal years

Revenue and net income

Revenue 2014: $2.6BNet income 2014: $631M2014Revenue 2015: $2.7BNet income 2015: $870M2015Revenue 2016: $2.4BNet income 2016: $4.3B2016Revenue 2017: $2.5BNet income 2017: $603M2017Revenue 2018: $2.6BNet income 2018: $658M2018Revenue 2019: $2.7BNet income 2019: $970M2019
RevenueNet income

Operating and free cash flow

Operating cash flow 2014: $1.3BFree cash flow 2014: $1.3B2014Operating cash flow 2015: $1.4BFree cash flow 2015: $1.4B2015Operating cash flow 2016: $1.2BFree cash flow 2016: $1.2B2016Operating cash flow 2017: $1.3BFree cash flow 2017: $1.3B2017Operating cash flow 2018: $1.4BFree cash flow 2018: $1.4B2018Operating cash flow 2019: $1.5BFree cash flow 2019: $1.5B2019
Operating cash flowFree cash flow

Margins

Operating 2014: 35.2%Operating 2015: 36.8%Operating 2016: 35.3%Operating 2017: 40.6%Operating 2018: 43.2%Operating 2019: 50.2%Net 2014: 24.1%Net 2015: 31.7%Net 2016: 176.9%Net 2017: 24.4%Net 2018: 25.5%Net 2019: 35.9%201420152016201720182019
GrossOperatingNet

Returns

ROE 2014: 6.1%ROE 2015: 8.3%ROE 2016: 42.0%ROE 2017: 5.9%ROE 2018: 6.5%ROE 2019: 9.4%ROIC 2014: 8.9%ROIC 2015: 9.7%ROIC 2016: 8.3%ROIC 2017: 6.8%ROIC 2018: 5.7%ROIC 2019: 5.4%ROA 2014: 2.8%ROA 2015: 3.8%ROA 2016: 20.7%ROA 2017: 2.9%ROA 2018: 3.2%ROA 2019: 4.6%201420152016201720182019
ROEROICROA

Income statement

USD201420152016201720182019Last year
Revenue$2.6B$2.7B$2.4B$2.5B$2.6B$2.7B+5%
Operating income$922M$1.0B$856M$1.0B$1.1B$1.4B+22%
EBITDA$1.7B$1.8B$1.6B$1.7B$1.9B$2.2B+15%
Interest expense$1.3M$444M$482M$384M$413M$390M-6%
Profit before tax$448M$558M$417M$613M$689M$939M+36%
Income tax$1.4M$917K$1.6M$478K$878K-$2.3M-360%
Net income$631M$870M$4.3B$603M$658M$970M+48%

Cash flow

USD201420152016201720182019Last year
Operating cash flow$1.3B$1.4B$1.2B$1.3B$1.4B$1.5B+7%
Capital expenditure—$4.0M$5.7M$1.5M$4.5M—
Free cash flow$1.3B$1.4B$1.2B$1.3B$1.4B$1.5B+8%
Depreciation & amortization$759M$766M$706M$744M$786M$831M+6%

Balance sheet

USD201420152016201720182019Last year
Cash$40.1M$42.3M$77.2M$50.6M$47.4M$45.8M-4%
Total assets$23.0B$23.1B$20.7B$20.6B$20.4B$21.2B+4%
Financial debt———$9.1B$9.4B$10.1B+8%
Total liabilities$11.7B$11.8B$9.8B$9.7B$9.6B$10.2B+6%
Shareholders' equity$10.4B$10.5B$10.2B$10.2B$10.2B$10.3B+1%
Net debt-$40.1M-$42.3M-$77.2M$9.0B$9.4B$10.1B+8%

Dividend profile

Paying in a row
12+ years
Raised in a row
0 years
Growth per year
1.5%
Paid out of profit
105.4%
Paid out of free cash
57.8%

Latest dividend per share: 2.15 USD. Dividends exceeded profit over the last 3 years, which cannot last without borrowing or reserves. Without share prices EdgeScore shows no dividend yield.

Dividends

USD201420152016201720182019Last year
Dividends paid$777M$785M$4.8B$739M$782M$831M+6%
Dividend per share2.002.2113.022.022.162.15
Dividends / net income123.0%90.2%111.2%122.5%118.9%85.6%
Dividends / free cash flow58.7%58.0%394.9%58.5%57.9%57.0%

Ratios

201420152016201720182019Last year
Operating margin35.2%36.8%35.3%40.6%43.2%50.2%
Net margin24.1%31.7%176.9%24.4%25.5%35.9%
Return on equity6.1%8.3%42.0%5.9%6.5%9.4%
Return on assets2.8%3.8%20.7%2.9%3.2%4.6%
Return on invested capital8.9%9.7%8.3%6.8%5.7%5.4%
Debt / equity———0.890.930.98
Net debt / EBITDA-0.0x-0.0x-0.0x5.2x4.9x4.6x
Interest coverage709.0x2.3x1.8x2.6x2.7x3.5x

Data source: SEC EDGAR, company annual reports. Lines a company does not report are left empty. Free cash flow is operating cash flow minus capital expenditure. Ratios use the same formulas as the EdgeScore check.

For information and education only. Not investment advice. Data may contain errors.