Red Hat Inc (RHT) Files 10-K for the Fiscal Year Ended on February 28, 2019

Red Hat Inc (RHT, Financial) files its latest 10-K with SEC for the fiscal year ended on February 28, 2019. Red Hat Inc is a software company operating business across the world. It is primarily engaged in providing services to its version of the open-source Linux software operating systems, middleware, storage, virtualization, and management tools. Red Hat Inc has a market cap of $32.26 billion; its shares were traded at around $182.51 with a P/E ratio of 79.03 and P/S ratio of 10.21. Red Hat Inc had annual average EBITDA growth of 16.20% over the past ten years. GuruFocus rated Red Hat Inc the business predictability rank of 5-star.

For the last quarter Red Hat Inc reported a revenue of $879.0 million, compared with the revenue of $772.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $3.4 billion, an increase of 15.1% from last year. For the last five years Red Hat Inc had an average revenue growth rate of 17.2% a year.

The reported diluted earnings per share was $2.33 for the year, an increase of 66.4% from previous year. Over the last five years Red Hat Inc had an EPS growth rate of 18.8% a year. The Red Hat Inc had a decent operating margin of 15.24%, compared with the operating margin of 16.18% a year before. The 10-year historical median operating margin of Red Hat Inc is 15.14%. The profitability rank of the company is 9 (out of 10).

At the end of the fiscal year, Red Hat Inc has the cash and cash equivalents of $1.9 billion, compared with $1.7 billion in the previous year. The long term debt was $231.5 million, compared with $744.2 million in the previous year. The interest coverage to the debt is at a comfortable level of 25.8. Red Hat Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $182.51, Red Hat Inc is traded at 34.8% premium to its historical median P/S valuation band of $135.36. The P/S ratio of the stock is 10.21, while the historical median P/S ratio is 7.56. The intrinsic value of the stock is $53.57 a share, according to GuruFocus DCF Calculator. The stock gained 13.60% during the past 12 months.

For the complete 20-year historical financial data of RHT, click here.