Eagle Materials (EXP) FY2022 results: revenue $1.9 billion, up 14.7% on the year
Eagle Materials Inc. (EXP) reported revenue of $1.9 billion for fiscal 2022, the year ended 31 March 2022, up 14.7% on the year before. Net income was $374 million, up 10.3%, and diluted earnings per share $9.14. The figures are the company's own, from the 10-K it filed with the SEC on 20 May 2022.
Revenue
$1.9 billion
+14.7% on the year
FY2015FY2022
Operating margin
29.7%
27.5% a year earlier
FY2015FY2022
Net income
$374 million
+10.3% on the year
FY2015FY2022
Diluted EPS
$9.14
+12.6% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
517
643
399
-19.6%
Capital expenditure
74.1
53.9
132
+37.4%
Free cash flow
443
589
267
-24.8%
Free cash flow margin
23.8%
36.3%
19.0%
Cash from investing
-74.1
37.1
-831
Cash from financing
-692
-530
542
Depreciation and amortisation
129
129
114
-0.2%
Share-based compensation
14.3
15.3
19.8
-6.7%
Buybacks
590
0.0
314
Dividends paid
30.8
4.2
17.1
+639.1%
Dividend per share
$0.75
$0.10
$0.40
+650.0%
Diluted shares, weighted
41m
42m
42m
-2.1%
Shares outstanding at period end
39m
42m
42m
-8.6%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,134
1,359
968
-16.6%
Debt
1,106
1,015
1,575
+9.0%
Operating lease liabilities
29.2
34.4
40.2
-15.2%
Other liabilities
311
430
378
-27.7%
Total liabilities and equity
2,580
2,839
2,961
-9.1%
Fixed assets
1,617
1,659
1,756
-2.6%
Goodwill
329
329
332
0.0%
Cash and equivalents
19.4
264
119
-92.6%
Receivables
176
147
n/a
+19.8%
Inventory
237
236
273
+0.4%
Other assets
202
204
482
-1.2%
Total assets
2,580
2,839
2,961
-9.1%
10-K for the year ended 31 March 2022, filed 20 May 2022: the filing.