CVR Energy (CVI) FY2021 results: revenue $7.2 billion, up 84.3% on the year
CVR Energy Inc. (CVI) reported revenue of $7.2 billion for fiscal 2021, the year ended 31 December 2021, up 84.3% on the year before. Net income was $25 million, and diluted earnings per share $0.25. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2022.
Revenue
$7.2 billion
+84.3% on the year
FY2014FY2021
Operating margin
1.2%
-8.5% a year earlier
FY2014FY2021
Net income
$25 million
FY2014FY2021
Diluted EPS
$0.25
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
396
90.0
747
+340.0%
Capital expenditure
224
124
121
+80.6%
Free cash flow
172
-34.0
626
Free cash flow margin
2.4%
-0.9%
9.8%
Cash from investing
-238
-423
-121
Cash from financing
-315
355
-642
Depreciation and amortisation
279
278
287
+0.4%
Share-based compensation
46.0
4.0
17.0
+1,050.0%
Buybacks
1.0
7.0
0.0
-85.7%
Dividends paid
241
121
306
+99.2%
Dividend per share
$4.89
$1.20
$3.05
+307.5%
Diluted shares, weighted
100m
0
0
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
553
1,019
1,393
-45.7%
Non-controlling interest
217
200
275
+8.5%
Debt
1,654
1,683
1,190
-1.7%
Other liabilities
1,482
1,076
1,047
+37.7%
Total liabilities and equity
3,906
3,978
3,905
-1.8%
Fixed assets
n/a
2,240
2,336
Goodwill
0.0
0.0
n/a
Cash and equivalents
510
667
652
-23.5%
Receivables
299
178
182
+68.0%
Inventory
484
298
373
+62.4%
Other assets
2,613
595
362
+339.2%
Total assets
3,906
3,978
3,905
-1.8%
10-K for the year ended 31 December 2021, filed 23 February 2022: the filing.