Genpact (G) FY2021 results: revenue $4.0 billion, up 8.4% on the year
Genpact Ltd. (G) reported revenue of $4.0 billion for fiscal 2021, the year ended 31 December 2021, up 8.4% on the year before. Net income was $369 million, up 19.8%, and diluted earnings per share $1.91. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2022.
Revenue
$4.0 billion
+8.4% on the year
FY2013FY2021
Operating margin
12.7%
11.8% a year earlier
FY2013FY2021
Net income
$369 million
+19.8% on the year
FY2013FY2021
Diluted EPS
$1.91
+21.7% on the year
FY2013FY2021
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
694
584
428
+18.8%
Capital expenditure
53.3
70.2
74.9
-24.0%
Free cash flow
641
514
353
+24.7%
Free cash flow margin
15.9%
13.9%
10.0%
Cash from investing
-123
-266
-357
Cash from financing
-333
-92.0
39.6
Depreciation and amortisation
168
160
129
+4.8%
Share-based compensation
82.0
74.0
83.9
+10.8%
Buybacks
298
137
30.0
+117.5%
Dividends paid
80.5
74.2
64.7
+8.4%
Dividend per share
$0.43
$0.39
$0.34
+10.3%
Diluted shares, weighted
193m
196m
195m
-1.4%
Shares outstanding at period end
185m
189m
190m
-2.0%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,897
1,834
1,689
+3.4%
Redeemable equity
n/a
n/a
1,689
Short-term borrowings
0.0
n/a
n/a
Debt
1,656
1,591
1,443
+4.1%
Operating lease liabilities
248
289
302
-14.4%
Finance lease liabilities
16.3
31.0
20.7
-47.4%
Other liabilities
1,158
1,128
n/a
+2.7%
Total liabilities and equity
4,975
4,874
4,454
+2.1%
Fixed assets
215
231
254
-6.9%
Goodwill
1,731
1,696
1,574
+2.1%
Intangible assets
170
237
231
-28.3%
Cash and equivalents
899
680
467
+32.2%
Receivables
888
881
914
+0.8%
Other assets
1,072
1,149
1,013
-6.6%
Total assets
4,975
4,874
4,454
+2.1%
10-K for the year ended 31 December 2021, filed 1 March 2022: the filing.