Acadia Healthcare (ACHC) FY2021 results: revenue $2.3 billion, up 10.7% on the year
Acadia Healthcare Company, Inc. (ACHC) reported revenue of $2.3 billion for fiscal 2021, the year ended 31 December 2021, up 10.7% on the year before. Net income was $191 million, and diluted earnings per share $2.10. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2022.
Revenue
$2.3 billion
+10.7% on the year
FY2016FY2021
Operating margin
11.9%
8.8% a year earlier
FY2016FY2021
Net income
$191 million
FY2016FY2021
Diluted EPS
$2.10
FY2016FY2021
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
374
659
333
-43.2%
Capital expenditure
245
225
233
+8.8%
Free cash flow
130
434
100
-70.1%
Free cash flow margin
5.6%
20.8%
5.0%
Cash from investing
1,013
-282
-201
Cash from financing
-1,637
-51.5
-61.6
Depreciation and amortisation
107
95.3
87.9
+12.0%
Share-based compensation
37.5
22.5
17.3
+66.8%
Diluted shares, weighted
91m
89m
88m
+2.5%
Shares outstanding at period end
89m
88m
88m
+1.1%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
2,517
1,899
2,505
+32.5%
Redeemable equity
65.4
55.3
33.2
+18.2%
Debt
1,497
3,122
3,149
-52.0%
Operating lease liabilities
117
84.0
85.6
+39.0%
Finance lease liabilities
10.8
10.7
43.7
+0.6%
Other liabilities
560
1,327
1,062
-57.8%
Total liabilities and equity
4,768
6,499
6,879
-26.6%
Fixed assets
1,771
1,623
1,500
+9.1%
Goodwill
2,200
2,105
2,085
+4.5%
Intangible assets
70.1
68.5
68.8
+2.3%
Cash and equivalents
134
379
99.5
-64.7%
Receivables
281
274
289
+2.8%
Inventory
4.8
4.9
4.1
-1.3%
Other assets
307
2,046
2,833
-85.0%
Total assets
4,768
6,499
6,879
-26.6%
10-K for the year ended 31 December 2021, filed 1 March 2022: the filing.