Chesapeake Utilities (CPK) FY2021 results: revenue $570 million, up 16.7% on the year
Chesapeake Utilities Corp. (CPK) reported revenue of $570 million for fiscal 2021, the year ended 31 December 2021, up 16.7% on the year before. Net income was $83 million, up 16.7%, and diluted earnings per share $4.73. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2022.
Revenue
$570 million
+16.7% on the year
FY2014FY2021
Operating margin
23.0%
23.1% a year earlier
FY2014FY2021
Net income
$83 million
+16.7% on the year
FY2014FY2021
Diluted EPS
$4.73
+11.0% 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
151
159
103
-5.3%
Capital expenditure
187
166
185
+12.9%
Free cash flow
-36.4
-6.6
-81.8
Free cash flow margin
-6.4%
-1.4%
-17.0%
Cash from investing
-223
-182
-187
Cash from financing
74.0
19.2
84.5
+284.8%
Depreciation and amortisation
62.7
58.1
45.4
+7.8%
Share-based compensation
5.9
4.8
4.3
+23.1%
Buybacks
-15.9
-22.6
0.7
Dividends paid
31.5
27.2
24.7
+16.1%
Dividend per share
$1.88
$1.73
$1.58
+9.0%
Diluted shares, weighted
18m
17m
16m
+5.1%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
774
697
562
+11.1%
Debt
789
698
733
+13.2%
Operating lease liabilities
8.6
9.9
9.9
-13.2%
Other liabilities
543
528
479
+2.8%
Total liabilities and equity
2,115
1,932
1,783
+9.4%
Fixed assets
1,745
1,601
1,464
+9.0%
Goodwill
44.7
38.7
32.7
+15.4%
Intangible assets
13.2
8.3
8.1
+59.1%
Cash and equivalents
5.0
3.5
7.0
+42.2%
Receivables
58.5
56.9
49.6
+2.8%
Other assets
249
224
222
+11.0%
Total assets
2,115
1,932
1,783
+9.4%
10-K for the year ended 31 December 2021, filed 23 February 2022: the filing.