Expand Energy (EXE) FY2021 results: revenue $5.8 billion, up 10.9% on the year
Expand Energy Corp. (EXE) reported revenue of $5.8 billion for fiscal 2021, the year ended 31 December 2021, up 10.9% on the year before. Net income was $6.3 billion. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$5.8 billion
+10.9% on the year
FY2014FY2021
Operating margin
12.1%
-166.1% a year earlier
FY2014FY2021
Net income
$6.3 billion
FY2014FY2021
Diluted EPS
n/a
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
1,788
1,164
1,623
+53.6%
Capital expenditure
735
1,142
48.0
-35.6%
Free cash flow
1,053
22.0
1,575
+4,686.4%
Free cash flow margin
18.1%
0.4%
18.5%
Cash from investing
-916
-992
-2,480
Cash from financing
-237
101
859
Depreciation and amortisation
991
1,097
2,264
-9.7%
Share-based compensation
12.0
21.0
30.0
-42.9%
Buybacks
0.0
0.0
n/a
Dividends paid
119
0.0
0.0
Diluted shares, weighted
n/a
10m
1,665m
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
5,671
-5,341
4,364
Non-controlling interest
n/a
0.0
37.0
Debt
2,278
1,929
9,458
+18.1%
Operating lease liabilities
9.0
2.0
16.0
+350.0%
Finance lease liabilities
0.0
0.0
9.0
Other liabilities
3,051
9,994
2,309
-69.5%
Total liabilities and equity
11,009
6,584
16,193
+67.2%
Fixed assets
8,802
5,242
14,756
+67.9%
Cash and equivalents
905
279
6.0
+224.4%
Receivables
1,115
746
990
+49.5%
Other assets
187
317
441
-41.0%
Total assets
11,009
6,584
16,193
+67.2%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.