American Healthcare REIT (AHR) FY2021 results: revenue $1.1 billion, up 5.1% on the year
American Healthcare REIT, Inc. (AHR) reported revenue of $1.1 billion for fiscal 2021, the year ended 31 December 2021, up 5.1% on the year before. Net income was -$48 million, and diluted earnings per share $-0.96. The figures are the company's own, from the 10-K it filed with the SEC on 25 March 2022.
Revenue
$1.1 billion
+5.1% on the year
FY2016FY2021
Operating margin
19.0%
20.4% a year earlier
FY2016FY2021
Net income
-$48 million
FY2016FY2021
Diluted EPS
-$0.96
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
17.9
219
117
-91.8%
Capital expenditure
n/a
8.3
6.5
Free cash flow
n/a
211
111
Free cash flow margin
n/a
19.7%
10.1%
Cash from investing
-139
-148
-103
Cash from financing
94.1
-8.8
2.7
Depreciation and amortisation
133
98.9
111
+34.7%
Share-based compensation
8.8
-1.3
2.7
Buybacks
0.4
23.1
89.9
-98.3%
Dividends paid
22.8
27.0
62.6
-15.6%
Dividend per share
$0.68
$0.45
$2.40
+51.1%
Diluted shares, weighted
50m
45m
45m
+11.3%
Shares outstanding at period end
n/a
180m
n/a
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,581
866
590
+82.6%
Non-controlling interest
176
168
0.0
+4.3%
Debt
2,322
1,654
423
+40.4%
Other liabilities
501
546
55.4
-8.3%
Total liabilities and equity
4,580
3,235
1,068
+41.6%
Goodwill
210
75.3
n/a
+178.7%
Intangible assets
249
155
74.0
+60.9%
Securities held for sale or to maturity
79.3
75.9
n/a
+4.6%
Cash and equivalents
81.6
113
53.1
-27.9%
Inventory
18.9
24.7
n/a
-23.3%
Other assets
3,942
2,791
941
+41.2%
Total assets
4,580
3,235
1,068
+41.6%
10-K for the year ended 31 December 2021, filed 25 March 2022: the filing.