Northwest Natural Holding (NWN) FY2021 results: revenue $860 million, up 11.2% on the year
Northwest Natural Holding Co. (NWN) reported revenue of $860 million for fiscal 2021, the year ended 31 December 2021, up 11.2% on the year before. Net income was $79 million, up 2.5%, and diluted earnings per share $2.56. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$860 million
+11.2% on the year
FY2016FY2021
Operating margin
19.0%
19.2% a year earlier
FY2016FY2021
Net income
$79 million
+2.5% on the year
FY2016FY2021
Diluted EPS
$2.56
+2.0% on the year
FY2016FY2021
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
160
145
186
+10.3%
Capital expenditure
294
273
223
+7.6%
Free cash flow
-134
-128
-37.5
Free cash flow margin
-15.5%
-16.5%
-5.0%
Cash from investing
-300
-294
-304
Cash from financing
131
172
115
-23.5%
Depreciation and amortisation
114
104
91.5
+9.5%
Buybacks
n/a
n/a
0.0
Dividends paid
55.9
55.4
53.3
+0.9%
Dividend per share
$1.92
$1.91
$1.90
+0.5%
Diluted shares, weighted
31m
31m
30m
+0.5%
Shares outstanding at period end
31m
31m
30m
+1.8%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
935
889
866
+5.2%
Debt
1,434
1,260
1,030
+13.8%
Operating lease liabilities
79.5
80.6
0.8
-1.4%
Other liabilities
1,616
1,527
1,531
+5.8%
Total liabilities and equity
4,065
3,756
3,428
+8.2%
Fixed assets
2,871
2,655
2,439
+8.2%
Goodwill
70.6
69.2
49.9
+1.9%
Cash and equivalents
18.6
30.2
9.6
-38.5%
Other assets
1,104
1,002
930
+10.2%
Total assets
4,065
3,756
3,428
+8.2%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.