Ameriprise Financial (AMP) FY2021 results: revenue $13.4 billion, up 12.4% on the year
Ameriprise Financial Inc. (AMP) reported revenue of $13.4 billion for fiscal 2021, the year ended 31 December 2021, up 12.4% on the year before. Net income was $3.4 billion, up 122.8%, and diluted earnings per share $28.48. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$13.4 billion
+12.4% on the year
FY2014FY2021
Operating margin
31.3%
15.4% a year earlier
FY2014FY2021
Net income
$3.4 billion
+122.8% on the year
FY2014FY2021
Diluted EPS
$28.48
+133.4% 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
3,325
4,623
2,341
-28.1%
Capital expenditure
120
147
143
-18.4%
Free cash flow
3,205
4,476
2,198
-28.4%
Free cash flow margin
24.0%
37.6%
17.0%
Cash from investing
-4,380
-2,894
-3,234
Cash from financing
1,723
952
1,214
+81.0%
Depreciation and amortisation
144
153
147
-5.9%
Share-based compensation
152
146
135
+4.1%
Buybacks
2,030
1,441
1,943
+40.9%
Dividends paid
511
497
504
+2.8%
Diluted shares, weighted
120m
126m
136m
-4.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
4,837
6,131
5,911
-21.1%
Deposits
20,227
17,641
n/a
+14.7%
Debt
5,196
4,944
3,298
+5.1%
Other liabilities
147,475
137,167
142,619
+7.5%
Total liabilities and equity
177,735
165,883
151,828
+7.1%
Fixed assets
590
602
610
-2.0%
Goodwill
1,458
1,176
1,167
+24.0%
Intangible assets
193
108
113
+78.7%
Securities borrowed
135
147
n/a
-8.2%
Cash and equivalents
9,569
8,903
6,213
+7.5%
Other assets
165,790
154,947
143,725
+7.0%
Total assets
177,735
165,883
151,828
+7.1%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.