GURUFOCUS.COM » STOCK LIST » Technology » Software » RealPage Inc (NAS:RP) » Definitions » Operating Income

RealPage (RealPage) Operating Income : $103 Mil (TTM As of Dec. 2020)


View and export this data going back to 2010. Start your Free Trial

What is RealPage Operating Income?

RealPage's Operating Income for the three months ended in Dec. 2020 was $27 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2020 was $103 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. RealPage's Operating Income for the three months ended in Dec. 2020 was $27 Mil. RealPage's Revenue for the three months ended in Dec. 2020 was $298 Mil. Therefore, RealPage's Operating Margin % for the quarter that ended in Dec. 2020 was 9.19%.

RealPage's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RealPage's annualized ROC % for the quarter that ended in Dec. 2020 was 3.05%. RealPage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was 38.28%.


RealPage Operating Income Historical Data

The historical data trend for RealPage's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RealPage Operating Income Chart

RealPage Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.24 30.01 66.05 92.42 102.77

RealPage Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.61 15.84 25.86 33.67 27.40

RealPage Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $103 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RealPage  (NAS:RP) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

RealPage's annualized ROC % for the quarter that ended in Dec. 2020 is calculated as:

ROC % (Q: Dec. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2020 ) + Invested Capital (Q: Dec. 2020 ))/ count )
=109.584 * ( 1 - 10.91% )/( (3127.79 + 3275.605)/ 2 )
=97.6283856/3201.6975
=3.05 %

where

Invested Capital(Q: Sep. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3456.874 - 147.594 - ( 612.118 - max(0, 859.086 - 1040.576+612.118))
=3127.79

Invested Capital(Q: Dec. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3488.015 - 65.512 - ( 594.734 - max(0, 880.174 - 1027.072+594.734))
=3275.605

Note: The Operating Income data used here is four times the quarterly (Dec. 2020) data.

2. Joel Greenblatt's definition of Return on Capital:

RealPage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2020  Q: Dec. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=111.48/( ( (290.551 + max(-85.693, 0)) + (291.848 + max(-81.675, 0)) )/ 2 )
=111.48/( ( 290.551 + 291.848 )/ 2 )
=111.48/291.1995
=38.28 %

where Working Capital is:

Working Capital(Q: Sep. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(130.118 + 0 + 298.34) - (147.594 + 366.557 + 0)
=-85.693

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(145.681 + 0 + 286.657) - (65.512 + 371.329 + 77.172)
=-81.675

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2020) EBIT data.

3. Operating Income is also linked to Operating Margin %:

RealPage's Operating Margin % for the quarter that ended in Dec. 2020 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2020 )/Revenue (Q: Dec. 2020 )
=27.396/298.055
=9.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


RealPage Operating Income Related Terms

Thank you for viewing the detailed overview of RealPage's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


RealPage (RealPage) Business Description

Traded in Other Exchanges
N/A
Address
2201 Lakeside Boulevard, Richardson, TX, USA, 75082-4305
RealPage Inc is a provider of on-demand software and software-enabled solutions for the rental housing industry. Its customers include single family, multifamily, and vacation rental units, and large property management companies. Its solutions include marketing, pricing, leasing, accounting, purchasing, and other property operation capabilities. The RealPage platform hosts applications that enable property owners and managers to improve pricing methodologies, improve collections, and integrate business processes. The company derives revenue from on-demand and on-premises software solutions and professional services. All of the firm's revenue is generated in the United States.
Executives
Ashley Chaffin Glover officer: President 4000 INTERNATIONAL PARKWAY, CARROLLTON TX 75007
Berkeley Alfred R Iii director 9605 SCRANTON ROAD STE 240, SAN DIEGO CA 92121
Michael Britti officer: EVP,M&A and Emerging Markets 2201 LAKESIDE BLVD. RICHARDSON TX 75082
Brian Shelton officer: SVP, Chief Accounting Officer 2201 LAKESIDE BLVD. RICHARDSON TX 75082
David G Monk officer: EVP, CLO and Secretary 4000 INTERNATIONAL PARKWAY CARROLLTON TX 75007
Kurt E Twining officer: SVP, Chief People Officer C/O FREESCALE SEMICONDUCTOR, INC. 6501 WILLIAM CANNON DRIVE WEST AUSTIN TX 78735
Stephen T Winn director, 10 percent owner, officer: Chairman & CEO
Barry Russell Carter officer: SVP, Chief Information Officer 2201 LAKESIDE BLVD. RICHARDSON TX 75082
Ernst Thomas C Jr officer: EVP, CFO and Treasurer 2201 LAKESIDE BLVD., RICHARDSON TX 75082
Jeffrey T Leeds director 660 MADISON AVE 15TH FL, NEW YORK NY 10021
Scott S Ingraham director
Jason A Wright director 4000 INTERNATIONAL PARKWAY, CARROLLTON TX 75007
Charles Kane director 289 TURNPIKE RD, WESTBORO MA 01581
Peter Gyenes director 50 WASHINGTON ST, WESBOROUGH MA 012581
Dana Sue Jones director 704 LAKE CARILLON LANE, SOUTHLAKE TX 76092

RealPage (RealPage) Headlines

From GuruFocus

RealPage Appoints Dana Jones as Chief Executive Officer

By Business Wire Business Wire 06-29-2021

Thoma Bravo Completes Acquisition of RealPage

By Business Wire Business Wire 04-22-2021