National Vision Holdings (EYE) FY2021 results: revenue $2.1 billion, up 21.5% on the year
National Vision Holdings, Inc. (EYE) reported revenue of $2.1 billion for fiscal 2021, the year ended 1 January 2022, up 21.5% on the year before. Net income was $128 million, up 253.5%, and diluted earnings per share $1.43. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2022.
Revenue
$2.1 billion
+21.5% on the year
FY2015FY2021
Operating margin
8.4%
5.1% a year earlier
FY2015FY2021
Net income
$128 million
+253.5% on the year
FY2015FY2021
Diluted EPS
$1.43
+225.0% on the year
FY2015FY2021
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
259
235
165
+10.2%
Capital expenditure
95.5
76.8
101
+24.3%
Free cash flow
163
158
63.8
+3.3%
Free cash flow margin
7.9%
9.2%
3.7%
Cash from investing
-92.9
-76.4
-101
Cash from financing
-234
176
-42.1
Depreciation and amortisation
97.1
91.6
87.2
+6.0%
Share-based compensation
14.9
10.7
12.7
+38.6%
Buybacks
73.3
0.7
25.6
+10,537.9%
Dividends paid
n/a
n/a
0.0
Diluted shares, weighted
96m
83m
82m
+16.1%
Shares outstanding at period end
81m
81m
80m
+0.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
926
907
776
+2.1%
Debt
544
625
536
-13.0%
Operating lease liabilities
342
327
332
+4.5%
Finance lease liabilities
22.5
27.2
30.0
-17.1%
Other liabilities
459
448
358
+2.4%
Total liabilities and equity
2,293
2,333
2,033
-1.7%
Goodwill
778
778
778
0.0%
Intangible assets
42.0
49.5
56.9
-15.1%
Cash and equivalents
306
374
39.3
-18.2%
Receivables
55.7
58.0
44.5
-4.0%
Inventory
124
111
128
+11.1%
Other assets
988
963
987
+2.6%
Total assets
2,293
2,333
2,033
-1.7%
10-K for the year ended 1 January 2022, filed 28 February 2022: the filing.