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COVANCE INC (CVD) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $52.90 Metrics
OS: 56.6 M
Market cap: $2.99 B 21 % ROIC
Net cash: $565 M $9.99 per share
EV: $2.43 B

 
TTM Valuation
EBITDA $409 M 5.9 x EV/EBITDA
EBIT $272 M 8.9 x EV/EBIT
EPS $0.00

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09Dec-31-08Dec-31-07
Revenues2,521.02,595.12,365.82,236.42,038.51,962.61,827.11,631.5
            Revenue growth-2.9%9.7%5.8%9.7%3.9%7.4%12.0%16.0%
Cost of goods sold1,745.41,692.21,570.21,467.11,348.51,277.11,142.71,017.7
Gross profit775.6903.0795.5769.4690.0685.5684.4613.8
            Gross margin30.8%34.8%33.6%34.4%33.8%34.9%37.5%37.6%
Selling, general and administrative351.5360.0358.9343.0307.4270.6250.2233.9
EBITA272.3223.1136.1181.9167.1219.0257.7219.6
            EBITA margin10.8%8.6%5.8%8.1%8.2%11.2%14.1%13.5%
Amortization of intangibles 0.92.11.81.21.0  
EBIT272.3222.2134.0180.1165.9218.0257.7219.6
            EBIT margin10.8%8.6%5.7%8.1%8.1%11.1%14.1%13.5%
Pre-tax income235.0227.7104.8165.343.8237.8274.3246.4
Income taxes49.248.510.133.6-23.762.979.472.9
            Tax rate20.9%21.3%9.6%20.3% 26.4%28.9%29.6%
Net income0.0179.294.7132.268.3175.9196.8175.9
            Net margin0.0%6.9%4.0%5.9%3.3%9.0%10.8%10.8%
 
Diluted EPS$0.00$3.15$1.68$2.16$1.06$2.73$3.08$2.71
Shares outstanding (diluted)57.556.956.361.164.564.364.064.8
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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