NexPoint Residential Trust (NXRT) FY2021 results: revenue $219 million, up 7.1% on the year
NexPoint Residential Trust, Inc. (NXRT) reported revenue of $219 million for fiscal 2021, the year ended 31 December 2021, up 7.1% on the year before. Net income was $23 million, down 47.7%, and diluted earnings per share $0.89. The figures are the company's own, from the 10-K it filed with the SEC on 18 February 2022.
Revenue
$219 million
+7.1% on the year
FY2014FY2021
Operating margin
29.4%
40.4% a year earlier
FY2014FY2021
Net income
$23 million
-47.7% on the year
FY2014FY2021
Diluted EPS
$0.89
-48.9% 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
73.3
57.2
51.4
+28.0%
Capital expenditure
43.0
50.0
44.2
-13.9%
Free cash flow
30.3
7.2
7.2
+317.5%
Free cash flow margin
13.8%
3.5%
4.0%
Cash from investing
-236
11.5
-553
Cash from financing
194
-82.9
530
Depreciation and amortisation
86.9
82.4
69.1
+5.4%
Share-based compensation
7.0
5.5
5.1
+27.1%
Buybacks
n/a
44.5
n/a
Dividends paid
35.8
32.3
28.0
+10.9%
Diluted shares, weighted
26m
25m
25m
+2.1%
Shares outstanding at period end
26m
25m
25m
+1.9%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
470
408
426
+15.2%
Redeemable equity
6.1
3.1
3.3
+98.2%
Debt
1,561
1,351
1,412
+15.5%
Other liabilities
26.3
67.1
24.9
-60.8%
Total liabilities and equity
2,063
1,829
1,866
+12.8%
Cash and equivalents
49.5
24.5
25.7
+102.2%
Other assets
2,014
1,805
1,840
+11.6%
Total assets
2,063
1,829
1,866
+12.8%
10-K for the year ended 31 December 2021, filed 18 February 2022: the filing.