Peabody Energy (BTU) FY2023 results: revenue $4.9 billion, down 0.7% on the year
Peabody Energy Corp. (BTU) reported revenue of $4.9 billion for fiscal 2023, the year ended 31 December 2023, down 0.7% on the year before. Net income was $760 million, down 41.4%, and diluted earnings per share $5.00. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2024.
Revenue
$4.9 billion
-0.7% on the year
FY2015FY2023
Operating margin
21.7%
27.7% a year earlier
FY2015FY2023
Net income
$760 million
-41.4% on the year
FY2015FY2023
Diluted EPS
$5.00
-39.8% on the year
FY2015FY2023
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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
1,036
1,174
420
-11.8%
Capital expenditure
348
222
183
+57.2%
Free cash flow
687
952
237
-27.8%
Free cash flow margin
13.9%
19.1%
7.1%
Cash from investing
-343
-28.7
-132
Cash from financing
-460
-682
-43.4
Depreciation and amortisation
321
318
309
+1.2%
Share-based compensation
6.9
8.4
10.0
-17.9%
Buybacks
348
0.0
0.0
Dividends paid
30.6
0.0
0.0
Dividend per share
$0.23
n/a
n/a
Diluted shares, weighted
154m
157m
112m
-1.8%
Shares outstanding at period end
129m
144m
133m
-10.6%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
3,547
3,231
1,762
+9.8%
Non-controlling interest
60.5
63.5
59.0
-4.7%
Debt
334
334
1,138
+0.1%
Operating lease liabilities
47.7
11.0
27.2
+333.6%
Finance lease liabilities
8.8
n/a
14.0
Other liabilities
1,964
1,971
1,950
-0.4%
Total liabilities and equity
5,962
5,611
4,950
+6.3%
Fixed assets
2,844
2,865
2,951
-0.7%
Cash and equivalents
969
1,307
954
-25.9%
Receivables
390
466
350
-16.3%
Inventory
352
296
227
+18.8%
Other assets
1,407
677
468
+107.9%
Total assets
5,962
5,611
4,950
+6.3%
10-K for the year ended 31 December 2023, filed 23 February 2024: the filing.