Everest Group (EG) FY2021 results: revenue $11.9 billion, up 23.6% on the year
Everest Group, Ltd. (EG) reported revenue of $11.9 billion for fiscal 2021, the year ended 31 December 2021, up 23.6% on the year before. Net income was $1.4 billion, up 426.8%, and diluted earnings per share $34.62. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2022.
Revenue
$11.9 billion
+23.6% on the year
FY2014FY2021
Operating margin
13.0%
6.1% a year earlier
FY2014FY2021
Net income
$1.4 billion
+426.8% on the year
FY2014FY2021
Diluted EPS
$34.62
+170.9% 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
3,833
2,874
1,852
+33.4%
Cash from investing
-3,869
-3,683
-1,412
Cash from financing
674
800
-276
-15.7%
Share-based compensation
43.0
39.0
34.0
+10.3%
Buybacks
225
200
24.6
+12.6%
Dividends paid
247
249
234
-1.0%
Dividend per share
$6.20
$6.20
$5.75
0.0%
Diluted shares, weighted
39m
n/a
n/a
Shares outstanding at period end
70m
70m
69m
+0.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
10,139
9,726
9,133
+4.2%
Other liabilities
28,046
22,985
18,191
+22.0%
Total liabilities and equity
38,185
32,712
27,324
+16.7%
Investments
3.0
1.2
1.7
+149.2%
Cash and equivalents
1,441
802
808
+79.7%
Other assets
36,741
31,909
26,514
+15.1%
Total assets
38,185
32,712
27,324
+16.7%
10-K for the year ended 31 December 2021, filed 28 February 2022: the filing.