COVANCE INC

EDGAR

73 filing records in this dataset, filed from 1997-03-28 to 2014-11-05. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest quarter

Revenue

671 million Unit1

2014 Q3 · Unit1

Exact inputs and evidence
  • Revenue: 670997000 Unit1 Source

Operating margin

11.4%

2014 Q3 · %

Exact inputs and evidence
  • Operating Income: 76519000 Unit1 Source
  • Revenue: 670997000 Unit1 Source
Cash and cash equivalents
705 million Unit1 Source
Exact value

704822000 Unit1

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Operating cash flow

406 million USD

2013-07-01 – 2014-06-30

Exact inputs and evidence
  • Operating cash flow: 212845000 USD · 2013-01-01 – 2013-09-30 Source
  • Operating cash flow: -2582000 USD · 2013-01-01 – 2013-06-30 Source
  • Operating cash flow: 405650000 USD · 2013-01-01 – 2013-12-31 Source
  • Operating cash flow: 212845000 USD · 2013-01-01 – 2013-09-30 Source
  • Operating cash flow: -70549000 USD · 2014-01-01 – 2014-03-31 Source
  • Operating cash flow: -2524000 USD · 2014-01-01 – 2014-06-30 Source
  • Operating cash flow: -70549000 USD · 2014-01-01 – 2014-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2014-11-05.

Financial data available through: 2013-12-31.

Coverage by financial measure
  • Revenue: 7 of 11 periods available· newest 2013-12-31
  • Operating income: 7 of 11 periods available· newest 2013-12-31
  • Net income: 7 of 11 periods available· newest 2013-12-31
  • Operating cash flow: 7 of 11 periods available· newest 2013-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: Multiple units; comparison withheld· newest 2013-12-31
  • Total liabilities: Multiple units; comparison withheld· newest 2013-12-31
  • Current assets: Multiple units; comparison withheld· newest 2013-12-31
  • Current liabilities: Multiple units; comparison withheld· newest 2013-12-31
  • Cash and cash equivalents: Multiple units; comparison withheld· newest 2013-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +9.7%

    Prior period

    USD 2.37 billion

    –

    Current period

    USD 2.6 billion

    –

    Exact inputs and evidence

    2595130000 − 2365759000 = 229371000 USD

    2365759000 USD · 2012-01-01 – 2012-12-31

    Inspect prior input Prior source

    2595130000 USD · 2013-01-01 – 2013-12-31

    Inspect current input Current source
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  • Net income

    +89.2%

    Prior period

    USD 94.73 million

    –

    Current period

    USD 179.21 million

    –

    Exact inputs and evidence

    179207000 − 94732000 = 84475000 USD

    94732000 USD · 2012-01-01 – 2012-12-31

    Inspect prior input Prior source

    179207000 USD · 2013-01-01 – 2013-12-31

    Inspect current input Current source
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  • Operating cash flow

    +55.9%

    Prior period

    USD 260.16 million

    –

    Current period

    USD 405.65 million

    –

    Exact inputs and evidence

    405650000 − 260161000 = 145489000 USD

    260161000 USD · 2012-01-01 – 2012-12-31

    Inspect prior input Prior source

    405650000 USD · 2013-01-01 – 2013-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2013 2013-01-01 – 2013-12-31

  • Revenue USD 2.6 billion 100% of revenue
  • Operating costs Derived USD 2.38 billion 92% of revenue
  • Operating income USD 217.33 million 8.4% of revenue
  • Tax, interest and other Derived USD 38.13 million 1.5% of revenue
  • Net income USD 179.21 million 6.9% of revenue

Cash

  • Operating cash flow USD 405.65 million 16% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2007 11%86%
  • 2008 11%86%
  • 2009 88%
  • 2010 Net income was higher than operating income, so the split is not drawn.
  • 2011 92%
  • 2012 95%
  • 2013 92%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2007 2007-01-01 – 2007-12-311631516000 1402870000 Derived 228646000 52717000 Derived 175929000 Unavailable
Source
2008 2008-01-01 – 2008-12-311827067000 1563417000 Derived 263650000 66890000 Derived 196760000 Unavailable
Source
2009 2009-01-01 – 2009-12-311962626000 1734016000 Derived 228610000 52728000 Derived 175882000 Unavailable
Source
2010 2010-01-01 – 2010-12-312038473000 1990980000 Derived 47493000 -20761000 Derived 68254000 Unavailable
Source
2011 2011-01-01 – 2011-12-312236446000 2055817000 Derived 180629000 48440000 Derived 132189000 Unavailable
Source
2012 2012-01-01 – 2012-12-312365759000 2249882000 Derived 115877000 21145000 Derived 94732000 Unavailable
Source
2013 2013-01-01 – 2013-12-312595130000 2377796000 Derived 217334000 38127000 Derived 179207000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 2.6B 2013
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.8B2.1B1.4B700.7M0.0200720102013
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2007Revenue1631516000
2008Revenue1827067000
2009Revenue1962626000
2010Revenue2038473000
2011Revenue2236446000
2012Revenue2365759000
2013Revenue2595130000

Revenue growth

Change in revenue from the same financial period one year earlier.

9.7% 2013
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12.9%9.7%6.5%3.2%0.0%200720102013
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2007Year over yearNo prior comparable period
2008Year over year12%
2009Year over year7.4%
2010Year over year3.9%
2011Year over year9.7%
2012Year over year5.8%
2013Year over year9.7%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 8.4% 2013
Net margin 6.9% 2013
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.15.6%11.7%7.8%3.9%0.0%200720102013
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2007Operating margin14%
2008Operating margin14.4%
2009Operating margin11.6%
2010Operating margin2.3%
2011Operating margin8.1%
2012Operating margin4.9%
2013Operating margin8.4%
2007Net margin10.8%
2008Net margin10.8%
2009Net margin9%
2010Net margin3.3%
2011Net margin5.9%
2012Net margin4%
2013Net margin6.9%
2007Free cash flow marginNot reported
2008Free cash flow marginNot reported
2009Free cash flow marginNot reported
2010Free cash flow marginNot reported
2011Free cash flow marginNot reported
2012Free cash flow marginNot reported
2013Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 405.7M 2013
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.438.1M328.6M219.1M109.5M0.0200720102013
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2007Operating cash flow293530000
2008Operating cash flow286157000
2009Operating cash flow259089000
2010Operating cash flow334423000
2011Operating cash flow243478000
2012Operating cash flow260161000
2013Operating cash flow405650000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2007Free cash flowUnavailable
2008Free cash flowUnavailable
2009Free cash flowUnavailable
2010Free cash flowUnavailable
2011Free cash flowUnavailable
2012Free cash flowUnavailable
2013Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2007-12-31Liabilities / assetsNot reportedNo source recorded
2008-12-31Liabilities / assetsNot reportedNo source recorded
2009-12-31Liabilities / assetsNot reportedNo source recorded
2010-12-31Liabilities / assetsNot reportedNo source recorded
2011-12-31Liabilities / assetsNot reportedNo source recorded
2012-12-31Liabilities / assetsNot reportedNo source recorded
2013-12-31Liabilities / assetsNot reportedNo source recorded

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2007-12-31Current assets / current liabilitiesNot reportedNo source recorded
2008-12-31Current assets / current liabilitiesNot reportedNo source recorded
2009-12-31Current assets / current liabilitiesNot reportedNo source recorded
2010-12-31Current assets / current liabilitiesNot reportedNo source recorded
2011-12-31Current assets / current liabilitiesNot reportedNo source recorded
2012-12-31Current assets / current liabilitiesNot reportedNo source recorded
2013-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2007 2007-01-01 – 2007-12-31
USD 175.93 million
Exact value

Exact value: 175929000 USD

2007-01-01 – 2007-12-31: 175929000 USD Inspect Net Income Open source
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USD 293.53 million
Exact value

Exact value: 293530000 USD

2007-01-01 – 2007-12-31: 293530000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2008 2008-01-01 – 2008-12-31
USD 196.76 million
Exact value

Exact value: 196760000 USD

2008-01-01 – 2008-12-31: 196760000 USD Inspect Net Income Open source
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USD 286.16 million
Exact value

Exact value: 286157000 USD

2008-01-01 – 2008-12-31: 286157000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2009 2009-01-01 – 2009-12-31
USD 175.88 million
Exact value

Exact value: 175882000 USD

2009-01-01 – 2009-12-31: 175882000 USD Inspect Net Income Open source
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USD 259.09 million
Exact value

Exact value: 259089000 USD

2009-01-01 – 2009-12-31: 259089000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2010 2010-01-01 – 2010-12-31
USD 68.25 million
Exact value

Exact value: 68254000 USD

2010-01-01 – 2010-12-31: 68254000 USD Inspect Net Income Open source
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USD 334.42 million
Exact value

Exact value: 334423000 USD

2010-01-01 – 2010-12-31: 334423000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2011 2011-01-01 – 2011-12-31
USD 132.19 million
Exact value

Exact value: 132189000 USD

2011-01-01 – 2011-12-31: 132189000 USD Inspect Net Income Open source
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USD 243.48 million
Exact value

Exact value: 243478000 USD

2011-01-01 – 2011-12-31: 243478000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2012 2012-01-01 – 2012-12-31
USD 94.73 million
Exact value

Exact value: 94732000 USD

2012-01-01 – 2012-12-31: 94732000 USD Inspect Net Income Open source
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USD 260.16 million
Exact value

Exact value: 260161000 USD

2012-01-01 – 2012-12-31: 260161000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2013 2013-01-01 – 2013-12-31
USD 179.21 million
Exact value

Exact value: 179207000 USD

2013-01-01 – 2013-12-31: 179207000 USD Inspect Net Income Open source
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USD 405.65 million
Exact value

Exact value: 405650000 USD

2013-01-01 – 2013-12-31: 405650000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

73 filings · 2,583 latest values · 2,583 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001023131, 1023131, edgar:1023131

Also known as CORNING PHARMACEUTICAL SERVICES INC, COVANCE INC