NXP Semiconductors (NXPI) FY2021 results: revenue $11.1 billion, up 28.5% on the year
NXP Semiconductors N.V. (NXPI) reported revenue of $11.1 billion for fiscal 2021, the year ended 31 December 2021, up 28.5% on the year before. Net income was $1.9 billion, up 3498.1%, and diluted earnings per share $6.79. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$11.1 billion
+28.5% on the year
FY2014FY2021
Operating margin
23.3%
4.9% a year earlier
FY2014FY2021
Net income
$1.9 billion
+3,498.1% on the year
FY2014FY2021
Diluted EPS
$6.79
+3,672.2% on the year
FY2014FY2021
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
3,077
2,482
2,373
+24.0%
Capital expenditure
767
392
526
+95.7%
Free cash flow
2,310
2,090
1,847
+10.5%
Free cash flow margin
20.9%
24.3%
20.8%
Cash from investing
-934
-418
-2,284
Cash from financing
-1,585
-835
-1,831
Depreciation and amortisation
1,262
1,988
2,047
-36.5%
Share-based compensation
353
384
346
-8.1%
Buybacks
4,015
627
1,443
+540.4%
Dividends paid
562
420
319
+33.8%
Dividend per share
$2.25
$1.50
$1.25
+50.0%
Diluted shares, weighted
276m
284m
286m
-2.9%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
6,528
8,944
9,441
-27.0%
Non-controlling interest
242
207
214
+16.9%
Debt
10,650
7,650
7,400
+39.2%
Operating lease liabilities
181
177
176
+2.3%
Finance lease liabilities
n/a
n/a
23.0
Other liabilities
3,263
2,869
2,762
+13.7%
Total liabilities and equity
20,864
19,847
20,016
+5.1%
Fixed assets
2,635
2,284
2,448
+15.4%
Goodwill
9,961
9,984
9,949
-0.2%
Intangible assets
1,694
2,242
3,620
-24.4%
Cash and equivalents
2,830
2,275
1,045
+24.4%
Receivables
923
765
667
+20.7%
Inventory
1,189
1,030
1,192
+15.4%
Other assets
1,632
1,267
1,095
+28.8%
Total assets
20,864
19,847
20,016
+5.1%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.