Genpact (G) FY2024 results: revenue $4.8 billion, up 6.5% on the year
Genpact Ltd. (G) reported revenue of $4.8 billion for fiscal 2024, the year ended 31 December 2024, up 6.5% on the year before. Net income was $514 million, down 18.6%, and diluted earnings per share $2.85. The figures are the company's own, from the 10-K it filed with the SEC on 3 March 2025.
Revenue
$4.8 billion
+6.5% on the year
FY2017FY2024
Operating margin
14.7%
14.1% a year earlier
FY2017FY2024
Net income
$514 million
-18.6% on the year
FY2017FY2024
Diluted EPS
$2.85
-16.4% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
615
491
444
+25.4%
Capital expenditure
82.8
55.4
50.6
+49.3%
Free cash flow
533
435
393
+22.3%
Free cash flow margin
11.2%
9.7%
9.0%
Cash from investing
-106
-78.9
-36.6
Cash from financing
-425
-483
-571
Depreciation and amortisation
96.3
104
130
-7.4%
Share-based compensation
66.4
88.6
77.4
-25.1%
Buybacks
253
225
214
+12.0%
Dividends paid
108
100
91.8
+8.5%
Dividend per share
$0.61
$0.55
$0.50
+10.9%
Diluted shares, weighted
180m
185m
188m
-2.5%
Shares outstanding at period end
175m
179m
183m
-2.7%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
2,390
2,248
1,826
+6.3%
Short-term borrowings
0.0
n/a
n/a
Debt
1,221
1,267
1,426
-3.6%
Operating lease liabilities
154
168
190
-8.6%
Finance lease liabilities
8.8
6.9
11.8
+28.2%
Other liabilities
1,214
1,115
1,134
+8.8%
Total liabilities and equity
4,987
4,806
4,589
+3.8%
Fixed assets
208
190
181
+9.6%
Goodwill
1,670
1,684
1,684
-0.8%
Intangible assets
26.9
53.0
89.7
-49.2%
Investments
23.4
0.0
n/a
Cash and equivalents
648
584
647
+11.1%
Receivables
1,199
1,116
995
+7.4%
Other assets
1,212
1,179
993
+2.8%
Total assets
4,987
4,806
4,589
+3.8%
10-K for the year ended 31 December 2024, filed 3 March 2025: the filing.