JBG Smith Properties (JBGS) FY2021 results: revenue $634 million, up 5.2% on the year
JBG Smith Properties (JBGS) reported revenue of $634 million for fiscal 2021, the year ended 31 December 2021, up 5.2% on the year before. Net income was -$79 million, and diluted earnings per share $-0.63. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2022.
Revenue
$634 million
+5.2% on the year
FY2015FY2021
Operating margin
-1.8%
-6.2% a year earlier
FY2015FY2021
Net income
-$79 million
FY2015FY2021
Diluted EPS
-$0.63
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
218
169
174
+28.8%
Cash from investing
-369
-168
-241
Cash from financing
190
119
-190
+58.9%
Depreciation and amortisation
240
226
196
+6.6%
Share-based compensation
51.6
66.1
65.3
-22.0%
Buybacks
158
105
n/a
+50.5%
Dividends paid
118
120
130
-1.6%
Dividend per share
$0.90
$0.90
$0.90
0.0%
Diluted shares, weighted
131m
133m
131m
-2.0%
Shares outstanding at period end
127m
132m
134m
-3.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
2,916
3,206
3,386
-9.0%
Non-controlling interest
22.5
0.2
0.2
+13,377.2%
Redeemable equity
523
531
613
-1.5%
Debt
2,488
2,004
1,628
+24.2%
Other liabilities
437
339
359
+29.0%
Total liabilities and equity
6,386
6,080
5,986
+5.0%
Intangible assets
202
41.5
55.2
+386.8%
Cash and equivalents
264
226
126
+17.2%
Other assets
5,920
5,812
5,805
+1.8%
Total assets
6,386
6,080
5,986
+5.0%
10-K for the year ended 31 December 2021, filed 22 February 2022: the filing.