Ameriprise Financial (AMP) FY2022 results: revenue $14.3 billion, up 6.7% on the year
Ameriprise Financial Inc. (AMP) reported revenue of $14.3 billion for fiscal 2022, the year ended 31 December 2022, up 6.7% on the year before. Net income was $3.1 billion, down 7.8%, and diluted earnings per share $27.70. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$14.3 billion
+6.7% on the year
FY2015FY2022
Operating margin
27.6%
31.3% a year earlier
FY2015FY2022
Net income
$3.1 billion
-7.8% on the year
FY2015FY2022
Diluted EPS
$27.70
-2.7% on the year
FY2015FY2022
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
4,407
3,325
4,623
+32.5%
Capital expenditure
182
120
147
+51.7%
Free cash flow
4,225
3,205
4,476
+31.8%
Free cash flow margin
29.6%
24.0%
37.6%
Cash from investing
-13,583
-4,380
-2,894
Cash from financing
8,430
1,723
952
+389.3%
Depreciation and amortisation
142
144
153
-1.4%
Share-based compensation
170
152
146
+11.8%
Buybacks
1,978
2,030
1,441
-2.6%
Dividends paid
534
511
497
+4.5%
Diluted shares, weighted
114m
120m
126m
-5.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
3,803
4,837
6,131
-21.4%
Deposits
30,775
20,227
17,641
+52.1%
Debt
5,385
5,196
4,944
+3.6%
Other liabilities
118,889
147,475
137,167
-19.4%
Total liabilities and equity
158,852
177,735
165,883
-10.6%
Fixed assets
630
590
602
+6.8%
Goodwill
1,389
1,458
1,176
-4.7%
Intangible assets
192
193
108
-0.5%
Securities borrowed
199
135
147
+47.4%
Cash and equivalents
8,755
9,569
8,903
-8.5%
Other assets
147,687
165,790
154,947
-10.9%
Total assets
158,852
177,735
165,883
-10.6%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.