ADVISORY BOARD CO
Industrials · Services-Management Services · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | $200.7M | $179.3M | $520.6M | $450.8M | $370.3M | $283.4M |
| Operating income | $20.8M | $4.2M | $47.2M | $45.5M | $36.4M | $25.9M |
| Net income | $91.2M | −$119.0M | $24.8M | $23.4M | $25.3M | $18.5M |
| Total assets | $2.04B | $1.98B | $1.04B | $897.9M | $705.6M | $491.2M |
| Total liabilities | $1.52B | $1.53B | $704.2M | $615.0M | $488.5M | $342.6M |
| Equity | $517.0M | $449.1M | $337.3M | $282.9M | $217.0M | $148.6M |
| EPS (diluted) | $0.25 | $-0.54 | $0.67 | $0.64 | $0.73 | $0.56 |
| Shares out. | 41.6M | 41.6M | 36.6M | 35.5M | 17.2M | 16.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- 10.4%
- Net margin
- 45.5%
- Return on equity
- 17.6%
- Return on assets
- 4.5%
- Return on capital (ROCE)
- 1.6%
- Liabilities / assets
- 74.6%
- Debt / equity
- 2.94×
- Book value / share
- $12.43
- Revenue growth (YoY)
- 11.9%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2016- Altman Z″ (distress)
- 0.03distress
- Accruals / assets
- −1.0%clean
- Piotroski F-Score
- 8/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 1 warning● 5 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 1, 2017
- NT 10-Kmissed a reporting deadline ↗Feb 29, 2016
- NT 10-Kmissed a reporting deadline ↗Mar 3, 2015
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Zumwalt Leanne MDirector | Nov 17, 2017 | D | 4,423 | — |
| Van Hoose MaryOfficer — Chief Talent Officer | Nov 17, 2017 | D | 38,469 | — |
| Shapiro LeonDirector | Nov 17, 2017 | D | 19,216 | — |
| Schwartz Richard AOfficer — Chief Operating Officer | Nov 17, 2017 | D | 18,363 | — |
| Neaman Mark RDirector | Nov 17, 2017 | D | 25,316 | — |
| Musslewhite Robert WOfficer — Chief Executive Officer | Nov 17, 2017 | D | 19,929 | — |
| Miller Cormac FOfficer — Chief Product Officer | Nov 17, 2017 | D | 20,769 | — |
| Kirshbaum Michael TOfficer — Chief Financial Officer | Oct 26, 2017 | Gift | 373 | $0.00 |
| Kindick KeltDirector | Nov 17, 2017 | D | 31,808 | — |
| Killefer NancyDirector | Nov 17, 2017 | D | 12,856 | — |
| Grua Peter JDirector | Nov 17, 2017 | D | 18,216 | — |
| Felsenthal David LOfficer — President | Nov 17, 2017 | D | 60,525 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteNov 17, 2017
- Results of operationsNov 8, 2017
- Entered a material agreement · Director / officer change · Other material eventAug 29, 2017
- Results of operationsAug 8, 2017
- Director / officer change · Shareholder voteJun 1, 2017
- Results of operationsMay 4, 2017
- Results of operationsMar 1, 2017
- Other material eventFeb 6, 2017
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/ANONEFeb 14, 2018
- 15-12GNov 27, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
- 4FORM 4 SUBMISSIONNov 21, 2017
Event-driven situations (1)
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