Option Care Health (OPCH) FY2022 results: revenue $3.9 billion, up 14.7% on the year
Option Care Health, Inc. (OPCH) reported revenue of $3.9 billion for fiscal 2022, the year ended 31 December 2022, up 14.7% on the year before. Net income was $151 million, up 7.6%, and diluted earnings per share $0.83. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2025.
Revenue
$3.9 billion
+14.7% on the year
FY2011FY2022
Operating margin
6.1%
5.5% a year earlier
FY2011FY2022
Net income
$151 million
+7.6% on the year
FY2011FY2022
Diluted EPS
$0.83
+7.8% on the year
FY2011FY2022
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
268
209
127
+28.3%
Capital expenditure
35.4
25.6
26.9
+37.9%
Free cash flow
232
183
101
+26.9%
Free cash flow margin
5.9%
5.3%
3.3%
Cash from investing
-108
-112
-26.3
Cash from financing
15.3
-76.9
-68.8
Depreciation and amortisation
60.6
63.1
71.3
-4.0%
Share-based compensation
16.8
9.6
2.9
+75.3%
Buybacks
0.0
0.0
n/a
Diluted shares, weighted
182m
181m
181m
+0.5%
Shares outstanding at period end
182m
180m
180m
+1.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,386
1,176
1,016
+17.9%
Debt
1,064
1,066
1,124
-0.2%
Operating lease liabilities
71.4
74.5
70.8
-4.1%
Other liabilities
591
475
437
+24.6%
Total liabilities and equity
3,113
2,791
2,647
+11.5%
Fixed assets
108
112
121
-2.9%
Goodwill
1,533
1,478
1,429
+3.8%
Intangible assets
364
366
351
-0.5%
Cash and equivalents
294
119
99.3
+146.3%
Receivables
378
338
328
+11.6%
Inventory
224
183
159
+22.5%
Other assets
211
195
160
+8.2%
Total assets
3,113
2,791
2,647
+11.5%
10-K for the year ended 31 December 2022, filed 26 February 2025: the filing.