Cabot (CBT) FY2022 results: revenue $4.3 billion, up 26.8% on the year
Cabot Corp. (CBT) reported revenue of $4.3 billion for fiscal 2022, the year ended 30 September 2022, up 26.8% on the year before. Net income was $209 million, down 16.4%, and diluted earnings per share $3.62. The figures are the company's own, from the 10-K it filed with the SEC on 23 November 2022.
Revenue
$4.3 billion
+26.8% on the year
FY2015FY2022
Operating margin
9.0%
13.3% a year earlier
FY2015FY2022
Net income
$209 million
-16.4% on the year
FY2015FY2022
Diluted EPS
$3.62
-16.6% 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
100
257
377
-61.1%
Capital expenditure
211
195
200
+8.2%
Free cash flow
-111
62.0
177
Free cash flow margin
-2.6%
1.8%
6.8%
Cash from investing
-118
-186
-288
Cash from financing
145
-60.0
-132
Depreciation and amortisation
146
160
158
-8.8%
Share-based compensation
23.0
21.0
9.0
+9.5%
Buybacks
53.0
3.0
44.0
+1,666.7%
Dividends paid
84.0
80.0
80.0
+5.0%
Dividend per share
$1.48
$1.40
$1.40
+5.7%
Diluted shares, weighted
57m
57m
57m
+0.2%
Shares outstanding at period end
56m
57m
56m
-0.8%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
898
947
691
-5.2%
Non-controlling interest
134
143
123
-6.3%
Debt
1,443
1,162
1,115
+24.2%
Operating lease liabilities
83.0
84.0
89.0
-1.2%
Finance lease liabilities
26.0
29.0
28.0
-10.3%
Other liabilities
941
941
735
0.0%
Total liabilities and equity
3,525
3,306
2,781
+6.6%
Fixed assets
1,270
1,376
1,314
-7.7%
Goodwill
129
140
134
-7.9%
Intangible assets
63.0
100
103
-37.0%
Cash and equivalents
206
168
151
+22.6%
Inventory
664
523
359
+27.0%
Other assets
1,193
999
720
+19.4%
Total assets
3,525
3,306
2,781
+6.6%
10-K for the year ended 30 September 2022, filed 23 November 2022: the filing.