Omega Healthcare Investors (OHI) FY2022 results: revenue $878 million, down 17.4% on the year
Omega Healthcare Investors Inc. (OHI) reported revenue of $878 million for fiscal 2022, the year ended 31 December 2022, down 17.4% on the year before. Net income was $427 million, up 2.4%, and diluted earnings per share $1.80. The figures are the company's own, from the 10-K it filed with the SEC on 14 February 2023.
Revenue
$878 million
-17.4% on the year
FY2015FY2022
Operating margin
8.9%
26.9% a year earlier
FY2015FY2022
Net income
$427 million
+2.4% on the year
FY2015FY2022
Diluted EPS
$1.80
+2.9% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
626
722
708
-13.4%
Capital expenditure
47.2
44.9
31.1
+5.1%
Free cash flow
579
677
677
-14.6%
Free cash flow margin
65.9%
63.7%
75.9%
Cash from investing
443
-524
-89.1
Cash from financing
-789
-341
-486
Depreciation and amortisation
332
342
330
-2.8%
Share-based compensation
27.3
21.4
18.8
+27.5%
Buybacks
142
n/a
n/a
Dividends paid
633
638
612
-0.7%
Dividend per share
$2.68
$2.68
$2.68
0.0%
Diluted shares, weighted
244m
244m
235m
-0.0%
Shares outstanding at period end
234m
239m
231m
-2.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
3,609
3,907
3,842
-7.6%
Non-controlling interest
194
201
195
-3.7%
Debt
5,287
5,254
5,169
+0.6%
Other liabilities
315
277
292
+13.9%
Total liabilities and equity
9,405
9,638
9,497
-2.4%
Goodwill
643
651
652
-1.3%
Intangible assets
1.4
1.6
1.9
-10.6%
Loans
1,043
n/a
n/a
Cash and equivalents
297
20.5
164
+1,346.9%
Other assets
7,421
8,965
8,680
-17.2%
Total assets
9,405
9,638
9,497
-2.4%
10-K for the year ended 31 December 2022, filed 14 February 2023: the filing.