ADT (ADT) FY2022 results: revenue $4.4 billion, up 4.3% on the year
ADT Inc. (ADT) reported revenue of $4.4 billion for fiscal 2022, the year ended 31 December 2022, up 4.3% on the year before. Net income was $133 million, and diluted earnings per share $0.19. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2023.
Revenue
$4.4 billion
+4.3% on the year
FY2016FY2022
Operating margin
16.5%
0.2% a year earlier
FY2016FY2022
Net income
$133 million
FY2016FY2022
Diluted EPS
$0.19
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
1,888
1,650
1,367
+14.4%
Capital expenditure
177
168
157
+5.0%
Free cash flow
1,711
1,481
1,210
+15.5%
Free cash flow margin
39.1%
35.3%
22.8%
Cash from investing
-1,533
-1,696
-1,137
Cash from financing
-14.8
-128
-70.3
Depreciation and amortisation
1,600
1,840
1,914
-13.0%
Share-based compensation
66.6
61.2
96.0
+8.7%
Buybacks
1,200
0.0
0.0
Dividends paid
127
116
109
+9.3%
Dividend per share
$0.14
n/a
n/a
Diluted shares, weighted
915m
n/a
760m
Shares outstanding at period end
n/a
n/a
771m
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
3,393
3,249
3,039
+4.4%
Debt
9,937
9,837
9,705
+1.0%
Operating lease liabilities
85.2
99.7
116
-14.5%
Finance lease liabilities
36.4
54.4
34.4
-33.0%
Other liabilities
4,369
3,655
3,223
+19.5%
Total liabilities and equity
17,821
16,894
16,117
+5.5%
Fixed assets
376
364
326
+3.3%
Goodwill
5,430
5,601
5,236
-3.1%
Intangible assets
4,927
5,413
5,907
-9.0%
Cash and equivalents
257
24.5
205
+951.9%
Receivables
335
442
336
-24.3%
Other assets
6,496
5,049
4,107
+28.7%
Total assets
17,821
16,894
16,117
+5.5%
10-K for the year ended 31 December 2022, filed 28 February 2023: the filing.