Encore Capital Group (ECPG) FY2021 results: revenue $1.6 billion, up 7.5% on the year
Encore Capital Group Inc. (ECPG) reported revenue of $1.6 billion for fiscal 2021, the year ended 31 December 2021, up 7.5% on the year before. Net income was $351 million, up 65.6%, and diluted earnings per share $11.26. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2022.
Revenue
$1.6 billion
+7.5% on the year
FY2014FY2021
Operating margin
39.2%
35.5% a year earlier
FY2014FY2021
Net income
$351 million
+65.6% on the year
FY2014FY2021
Diluted EPS
$11.26
+68.6% 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
303
313
245
-3.1%
Capital expenditure
33.4
34.6
39.6
-3.5%
Free cash flow
270
278
205
-3.1%
Free cash flow margin
16.7%
18.5%
14.6%
Cash from investing
340
82.8
-202
+310.4%
Cash from financing
-656
-403
-19.8
Depreciation and amortisation
50.1
42.8
41.0
+17.1%
Share-based compensation
18.3
16.6
12.6
+10.7%
Buybacks
391
0.0
0.0
Diluted shares, weighted
31m
32m
31m
-1.8%
Shares outstanding at period end
25m
31m
31m
-21.7%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,185
1,218
1,022
-2.7%
Non-controlling interest
0.0
2.5
3.2
Redeemable equity
n/a
n/a
0.0
Debt
3,056
3,373
3,586
-9.4%
Other liabilities
367
271
298
+35.5%
Total liabilities and equity
4,608
4,865
4,910
-5.3%
Fixed assets
120
127
120
-5.8%
Goodwill
898
907
884
-1.0%
Intangible assets
36.3
45.0
51.4
-19.3%
Cash and equivalents
190
189
192
+0.2%
Other assets
3,365
3,596
3,662
-6.4%
Total assets
4,608
4,865
4,910
-5.3%
10-K for the year ended 31 December 2021, filed 23 February 2022: the filing.