Capital One Financial (COF) FY2021 results: revenue $30.4 billion, up 6.7% on the year
Capital One Financial Corp. (COF) reported revenue of $30.4 billion for fiscal 2021, the year ended 31 December 2021, up 6.7% on the year before. Net income was $12.4 billion, up 356.5%, and diluted earnings per share $26.94. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$30.4 billion
+6.7% on the year
FY2014FY2021
Operating margin
n/a
FY2014FY2021
Net income
$12.4 billion
+356.5% on the year
FY2014FY2021
Diluted EPS
$26.94
+420.1% on the year
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
12,310
16,699
16,639
-26.3%
Capital expenditure
698
710
887
-1.7%
Free cash flow
11,612
15,989
15,752
-27.4%
Cash from investing
-31,501
-14,841
-22,998
Cash from financing
474
25,164
6,619
-98.1%
Depreciation and amortisation
3,481
3,501
3,339
-0.6%
Share-based compensation
331
203
239
+63.1%
Buybacks
7,605
393
1,481
+1,835.1%
Dividends paid
1,148
460
753
+149.6%
Diluted shares, weighted
444m
459m
470m
-3.2%
Shares outstanding at period end
414m
459m
457m
-9.8%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
61,029
60,204
58,011
+1.4%
Deposits
310,980
305,442
262,697
+1.8%
Repurchase agreements
820
668
314
+22.8%
Debt
43,086
40,539
55,697
+6.3%
Other liabilities
16,466
14,749
13,646
+11.6%
Total liabilities and equity
432,381
421,602
390,365
+2.6%
Fixed assets
4,210
4,287
4,378
-1.8%
Goodwill
14,782
14,653
14,653
+0.9%
Intangible assets
111
90.0
174
+23.3%
Securities held for sale or to maturity
95,261
100,445
79,213
-5.2%
Loans
n/a
n/a
258,601
Cash and equivalents
22,054
40,771
13,749
-45.9%
Other assets
295,963
261,356
19,597
+13.2%
Total assets
432,381
421,602
390,365
+2.6%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.