Omnicom Group (OMC) FY2021 results: revenue $14.3 billion, up 8.5% on the year
Omnicom Group Inc. (OMC) reported revenue of $14.3 billion for fiscal 2021, the year ended 31 December 2021, up 8.5% on the year before. Net income was $1.4 billion, up 48.9%, and diluted earnings per share $6.53. The figures are the company's own, from the 10-K it filed with the SEC on 9 February 2022.
Revenue
$14.3 billion
+8.5% on the year
FY2014FY2021
Operating margin
15.4%
12.1% a year earlier
FY2014FY2021
Net income
$1.4 billion
+48.9% on the year
FY2014FY2021
Diluted EPS
$6.53
+49.4% 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
1,945
1,725
1,856
+12.8%
Capital expenditure
666
75.4
102
+783.0%
Free cash flow
1,280
1,649
1,754
-22.4%
Free cash flow margin
9.0%
12.5%
11.7%
Cash from investing
-709
-136
-30.9
Cash from financing
-1,391
-408
-1,222
Depreciation and amortisation
212
223
232
-4.7%
Share-based compensation
84.7
70.8
72.5
+19.6%
Buybacks
527
222
610
+137.5%
Dividends paid
592
563
564
+5.3%
Dividend per share
$2.80
$2.60
$2.60
+7.7%
Diluted shares, weighted
216m
216m
221m
-0.3%
Shares outstanding at period end
209m
215m
217m
-2.7%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
3,270
3,084
2,854
+6.0%
Non-controlling interest
504
492
520
+2.2%
Short-term borrowings
9.6
3.9
10.1
+146.2%
Debt
5,727
5,823
5,123
-1.6%
Operating lease liabilities
952
1,114
1,275
-14.5%
Finance lease liabilities
n/a
74.6
92.1
Other liabilities
17,959
17,055
16,910
+5.3%
Total liabilities and equity
28,422
27,647
26,783
+2.8%
Fixed assets
n/a
585
663
Goodwill
9,739
9,610
9,440
+1.3%
Intangible assets
298
298
338
-0.2%
Investments
0.0
0.0
3.6
Cash and equivalents
5,317
5,600
4,306
-5.1%
Receivables
8,472
7,813
7,829
+8.4%
Other assets
4,596
3,740
4,203
+22.9%
Total assets
28,422
27,647
26,783
+2.8%
10-K for the year ended 31 December 2021, filed 9 February 2022: the filing.