The earnings per share of BHP Billiton has increased in the recent years. From the last year there has been an increase of more than thirty nine percent. The exceptional business performance of BHP Billiton has also helped a great deal in the increase in the earnings per share of BHP Billiton.
Financial Performance of BHP Billiton
In the financial year of 2007 BHP Billiton has had unprecedented success in a number of financial areas. In the domain of Underlying Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) the company has earned twenty three billion United States dollars. This is equivalent to an increase of 27.1 percent.
In case of the Underlying Earnings Before Interest and Tax (EBIT) BHP Billiton has earned $20.1 billion. This translates to an increase of 31.4%.
The company has made profits of $13.7 billion. This is a 34.7 percent increase. The Underlying EBIT margin has increased by 48.4 per cent and the Return on Capital Employed has gone up by 38.4 per cent.
This is the sixth straight time that BHP Billiton has been able to achieve unprecedented successes in these areas.
BHP Billiton had been able to complete almost fifty per cent of the capital management program that was worth thirteen billion United States of America dollars. As much as $6.3 billion worth of transactions have been completed. This represents more than five percent of the shares that have been issued in the share market by BHP Billiton.
Earnings Per Share of BHP Billiton
The earnings per share of BHP Billiton has increased by 39.1 per cent. The main reason behind the increase has been the share buy backs. The limit of the final dividend that is provided by BHP Billiton has been reestablished to twenty seven United States of America cents for each and every share. This has meant a forty-six per cent increase in the final dividend that was provided in the year 2006.