Acadia Healthcare (ACHC) FY2022 results: revenue $2.6 billion, up 12.8% on the year
Acadia Healthcare Company, Inc. (ACHC) reported revenue of $2.6 billion for fiscal 2022, the year ended 31 December 2022, up 12.8% on the year before. Net income was $273 million, up 43.3%, and diluted earnings per share $2.98. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2023.
Revenue
$2.6 billion
+12.8% on the year
FY2016FY2022
Operating margin
14.3%
11.9% a year earlier
FY2016FY2022
Net income
$273 million
+43.3% on the year
FY2016FY2022
Diluted EPS
$2.98
+41.9% on the year
FY2016FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
381
374
659
+1.6%
Capital expenditure
296
245
225
+21.0%
Free cash flow
84.4
130
434
-34.9%
Free cash flow margin
3.2%
5.6%
20.8%
Cash from investing
-306
1,013
-282
Cash from financing
-111
-1,637
-51.5
Depreciation and amortisation
118
107
95.3
+10.4%
Share-based compensation
29.6
37.5
22.5
-21.0%
Diluted shares, weighted
92m
91m
89m
+0.8%
Shares outstanding at period end
90m
89m
88m
+1.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
2,813
2,517
1,899
+11.7%
Redeemable equity
88.3
65.4
55.3
+35.0%
Debt
1,386
1,497
3,122
-7.4%
Operating lease liabilities
116
117
84.0
-0.4%
Finance lease liabilities
10.9
10.8
10.7
+0.5%
Other liabilities
574
560
1,327
+2.4%
Total liabilities and equity
4,988
4,768
6,499
+4.6%
Fixed assets
1,952
1,771
1,623
+10.2%
Goodwill
2,223
2,200
2,105
+1.0%
Intangible assets
76.0
70.1
68.5
+8.4%
Cash and equivalents
97.6
134
379
-27.0%
Receivables
322
281
274
+14.6%
Inventory
5.1
4.8
4.9
+6.3%
Other assets
312
307
2,046
+1.6%
Total assets
4,988
4,768
6,499
+4.6%
10-K for the year ended 31 December 2022, filed 28 February 2023: the filing.