Century Aluminum (CENX) FY2021 results: revenue $2.2 billion, up 37.8% on the year
Century Aluminum Co. (CENX) reported revenue of $2.2 billion for fiscal 2021, the year ended 31 December 2021, up 37.8% on the year before. Net income was -$167 million, and diluted earnings per share $-1.85. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$2.2 billion
+37.8% on the year
FY2014FY2021
Operating margin
3.0%
-5.0% a year earlier
FY2014FY2021
Net income
-$167 million
FY2014FY2021
Diluted EPS
-$1.85
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
-64.7
42.9
17.7
Capital expenditure
83.0
13.4
59.6
+519.4%
Free cash flow
-148
29.5
-41.9
Free cash flow margin
-6.7%
1.8%
-2.3%
Cash from investing
-82.6
-11.8
-38.8
Cash from financing
104
13.5
21.1
+668.1%
Depreciation and amortisation
82.6
83.0
83.2
-0.5%
Share-based compensation
20.8
9.6
6.5
+116.7%
Diluted shares, weighted
90m
90m
89m
+0.8%
Shares outstanding at period end
91m
90m
89m
+1.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
421
546
675
-22.9%
Debt
451
316
301
+42.8%
Operating lease liabilities
22.9
24.3
22.8
-5.8%
Other liabilities
675
513
501
+31.5%
Total liabilities and equity
1,570
1,400
1,500
+12.2%
Fixed assets
892
880
949
+1.4%
Cash and equivalents
29.0
81.6
38.9
-64.5%
Receivables
80.6
51.0
70.1
+58.0%
Inventory
426
291
321
+46.2%
Other assets
142
95.5
121
+48.9%
Total assets
1,570
1,400
1,500
+12.2%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.