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Spectra Energy Partners, LP (SEP) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $35.40 Metrics
OS: 484.9 M
Market cap: $17.2 B
Net debt: $5.06 B
EV: $22.2 B

 
TTM Valuation
EBITDA
EBIT
EPS

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10
Revenues1,950.02,533.02,455.02,269.01,965.01,754.01,746.0197.7
            Revenue growth-23.0%3.2%8.2%15.5%12.0%0.5%783.2%10.5%
Cost of goods sold543.0483.0432.0443.0389.0336.0322.040.3
Gross profit1,407.02,050.02,023.01,826.01,576.01,418.01,424.0157.4
            Gross margin72.2%80.9%82.4%80.5%80.2%80.8%81.6%79.6%
Selling, general and administrative    127.0105.0101.07.7
General and administrative197.0169.0137.0155.0    
EBITA882.01,364.01,450.01,013.0891.0990.0980.0162.8
            EBITA margin45.2%53.8%59.1%44.6%45.3%56.4%56.1%82.3%
Amortization of intangibles12.09.010.010.07.07.08.0 
EBIT870.01,355.01,440.01,003.0884.0983.0972.0162.8
            EBIT margin44.6%53.5%58.7%44.2%45.0%56.0%55.7%82.3%
Pre-tax income722.01,257.01,277.01,062.0738.0605.0586.0147.5
Income taxes19.018.012.035.0-348.010.01.0-0.4
            Tax rate2.6%1.4%0.9%3.3% 1.7%0.2% 
Net income240.0850.0976.0817.0586.0543.0541.0137.3
            Net margin12.3%33.6%39.8%36.0%29.8%31.0%31.0%69.4%
 
Diluted EPS$0.77$2.84$3.30$2.84$4.25$5.60$5.82$1.70
Shares outstanding (diluted)310.0299.0296.0288.0138.097.093.081.0
 
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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