Omega Healthcare Investors (OHI) FY2021 results: revenue $1.1 billion, up 19.1% on the year
Omega Healthcare Investors Inc. (OHI) reported revenue of $1.1 billion for fiscal 2021, the year ended 31 December 2021, up 19.1% on the year before. Net income was $417 million, up 161.6%, and diluted earnings per share $1.75. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2022.
Revenue
$1.1 billion
+19.1% on the year
FY2014FY2021
Operating margin
26.9%
17.6% a year earlier
FY2014FY2021
Net income
$417 million
+161.6% on the year
FY2014FY2021
Diluted EPS
$1.75
+150.0% 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
722
708
554
+2.0%
Capital expenditure
44.9
31.1
52.9
+44.7%
Free cash flow
677
677
501
+0.0%
Free cash flow margin
63.7%
75.9%
53.9%
Cash from investing
-524
-89.1
-379
Cash from financing
-341
-486
-154
Depreciation and amortisation
342
330
302
+3.7%
Share-based compensation
21.4
18.8
15.4
+13.8%
Dividends paid
638
612
564
+4.1%
Dividend per share
$2.68
$2.68
$2.65
0.0%
Diluted shares, weighted
244m
235m
222m
+3.9%
Shares outstanding at period end
239m
231m
227m
+3.4%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
3,907
3,842
4,135
+1.7%
Non-controlling interest
201
195
201
+3.4%
Debt
5,254
5,169
5,136
+1.6%
Other liabilities
277
292
323
-5.1%
Total liabilities and equity
9,638
9,497
9,796
+1.5%
Goodwill
651
652
644
-0.0%
Intangible assets
1.6
1.9
28.0
-16.7%
Cash and equivalents
20.5
164
24.1
-87.4%
Other assets
8,965
8,680
9,100
+3.3%
Total assets
9,638
9,497
9,796
+1.5%
10-K for the year ended 31 December 2021, filed 17 February 2022: the filing.