Agilent Technologies (A) FY2021 results: revenue $6.3 billion, up 18.4% on the year
Agilent Technologies, Inc. (A) reported revenue of $6.3 billion for fiscal 2021, the year ended 31 October 2021, up 18.4% on the year before. Net income was $1.2 billion, up 68.3%, and diluted earnings per share $3.94. The figures are the company's own, from the 10-K it filed with the SEC on 17 December 2021.
Revenue
$6.3 billion
+18.4% on the year
FY2014FY2021
Operating margin
21.3%
15.8% a year earlier
FY2014FY2021
Net income
$1.2 billion
+68.3% on the year
FY2014FY2021
Diluted EPS
$3.94
+71.3% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,485
921
1,021
+61.2%
Capital expenditure
188
119
155
+58.0%
Free cash flow
1,297
802
866
+61.7%
Free cash flow margin
20.5%
15.0%
16.8%
Cash from investing
-749
-147
-1,590
Cash from financing
-696
-717
-299
Depreciation and amortisation
321
308
238
+4.2%
Share-based compensation
110
83.0
72.0
+32.5%
Buybacks
788
469
723
+68.0%
Dividends paid
236
222
206
+6.3%
Dividend per share
$0.78
$0.72
$0.66
+7.8%
Diluted shares, weighted
307m
312m
318m
-1.6%
Shares outstanding at period end
302m
306m
309m
-1.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
5,389
4,873
4,748
+10.6%
Non-controlling interest
n/a
n/a
0.0
Short-term borrowings
0.0
n/a
n/a
Debt
2,729
2,359
2,407
+15.7%
Operating lease liabilities
130
127
n/a
+2.4%
Other liabilities
2,457
2,268
2,297
+8.3%
Total liabilities and equity
10,705
9,627
9,452
+11.2%
Fixed assets
945
845
850
+11.8%
Goodwill
3,975
3,602
3,593
+10.4%
Intangible assets
981
831
1,107
+18.1%
Investments
185
158
102
+17.1%
Trading assets
34.0
30.0
30.0
+13.3%
Cash and equivalents
1,484
1,441
1,382
+3.0%
Receivables
1,172
1,038
930
+12.9%
Inventory
830
720
679
+15.3%
Other assets
1,099
962
779
+14.2%
Total assets
10,705
9,627
9,452
+11.2%
10-K for the year ended 31 October 2021, filed 17 December 2021: the filing.