Bruker (BRKR) FY2022 results: revenue $2.5 billion, up 4.7% on the year
Bruker Corp. (BRKR) reported revenue of $2.5 billion for fiscal 2022, the year ended 31 December 2022, up 4.7% on the year before. Net income was $297 million, up 7.0%, and diluted earnings per share $1.99. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2023.
Revenue
$2.5 billion
+4.7% on the year
FY2015FY2022
Operating margin
17.1%
17.1% a year earlier
FY2015FY2022
Net income
$297 million
+7.0% on the year
FY2015FY2022
Diluted EPS
$1.99
+9.9% 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
274
282
332
-2.8%
Capital expenditure
129
92.0
97.2
+40.4%
Free cash flow
145
190
235
-23.7%
Free cash flow margin
5.7%
7.9%
11.8%
Cash from investing
-252
-192
-193
Cash from financing
-415
319
-162
Depreciation and amortisation
88.8
89.1
80.4
-0.3%
Share-based compensation
27.7
17.2
16.0
+61.0%
Buybacks
263
153
123
+71.6%
Dividends paid
29.8
24.2
24.6
+23.1%
Dividend per share
$0.16
$0.16
$0.16
0.0%
Diluted shares, weighted
149m
153m
155m
-2.3%
Shares outstanding at period end
147m
151m
152m
-2.5%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,114
1,070
961
+4.0%
Non-controlling interest
11.9
14.1
13.1
-15.6%
Redeemable equity
6.1
0.2
0.0
+2,950.0%
Debt
1,219
1,334
844
-8.6%
Operating lease liabilities
34.8
41.8
47.0
-16.7%
Finance lease liabilities
11.7
2.6
2.6
+350.0%
Other liabilities
1,214
1,187
1,181
+2.3%
Total liabilities and equity
3,612
3,650
3,049
-1.0%
Fixed assets
487
406
396
+19.9%
Goodwill
458
340
320
+34.8%
Intangible assets
271
212
229
+27.9%
Investments
0.0
100
50.0
Cash and equivalents
646
1,068
682
-39.6%
Receivables
473
417
335
+13.4%
Inventory
800
710
692
+12.7%
Other assets
478
397
345
+20.3%
Total assets
3,612
3,650
3,049
-1.0%
10-K for the year ended 31 December 2022, filed 1 March 2023: the filing.