Genpact (G) FY2022 results: revenue $4.4 billion, up 8.7% on the year
Genpact Ltd. (G) reported revenue of $4.4 billion for fiscal 2022, the year ended 31 December 2022, up 8.7% on the year before. Net income was $353 million, down 4.3%, and diluted earnings per share $1.88. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2023.
Revenue
$4.4 billion
+8.7% on the year
FY2014FY2022
Operating margin
11.5%
12.7% a year earlier
FY2014FY2022
Net income
$353 million
-4.3% on the year
FY2014FY2022
Diluted EPS
$1.88
-1.6% on the year
FY2014FY2022
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
444
694
584
-36.1%
Capital expenditure
50.6
53.3
70.2
-5.1%
Free cash flow
393
641
514
-38.7%
Free cash flow margin
9.0%
15.9%
13.9%
Cash from investing
-36.6
-123
-266
Cash from financing
-571
-333
-92.0
Depreciation and amortisation
130
168
160
-22.7%
Share-based compensation
77.4
82.0
74.0
-5.6%
Buybacks
214
298
137
-28.2%
Dividends paid
91.8
80.5
74.2
+14.1%
Dividend per share
$0.50
$0.43
$0.39
+16.3%
Diluted shares, weighted
188m
193m
196m
-2.5%
Shares outstanding at period end
183m
185m
189m
-1.3%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,826
1,897
1,834
-3.7%
Short-term borrowings
n/a
0.0
n/a
Debt
1,426
1,656
1,591
-13.9%
Operating lease liabilities
190
248
289
-23.1%
Finance lease liabilities
11.8
16.3
31.0
-27.6%
Other liabilities
1,134
1,158
1,128
-2.1%
Total liabilities and equity
4,589
4,975
4,874
-7.8%
Fixed assets
181
215
231
-16.0%
Goodwill
1,684
1,731
1,696
-2.7%
Intangible assets
89.7
170
237
-47.1%
Cash and equivalents
647
899
680
-28.1%
Receivables
995
888
881
+12.1%
Other assets
993
1,072
1,149
-7.4%
Total assets
4,589
4,975
4,874
-7.8%
10-K for the year ended 31 December 2022, filed 1 March 2023: the filing.