Oracle (ORCL) FY2024 results: revenue $53.0 billion, up 6.0% on the year
Oracle Corp. (ORCL) reported revenue of $53.0 billion for fiscal 2024, the year ended 31 May 2024, up 6.0% on the year before. Net income was $10.5 billion, up 23.1%, and diluted earnings per share $3.71. The figures are the company's own, from the 10-K it filed with the SEC on 20 June 2024.
Revenue
$53.0 billion
+6.0% on the year
FY2017FY2024
Operating margin
29.0%
26.2% a year earlier
FY2017FY2024
Net income
$10.5 billion
+23.1% on the year
FY2017FY2024
Diluted EPS
$3.71
+20.8% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
18,673
17,165
9,539
+8.8%
Capital expenditure
6,866
8,695
4,511
-21.0%
Free cash flow
11,807
8,470
5,028
+39.4%
Free cash flow margin
22.3%
17.0%
11.8%
Cash from investing
-7,360
-36,484
11,220
Cash from financing
-10,554
7,910
-29,126
Depreciation and amortisation
6,139
6,108
3,122
+0.5%
Share-based compensation
3,974
3,547
2,613
+12.0%
Buybacks
1,202
1,300
16,248
-7.5%
Dividends paid
4,391
3,668
3,457
+19.7%
Dividend per share
$1.60
$1.36
$1.28
+17.6%
Diluted shares, weighted
2,823m
2,766m
2,786m
+2.1%
Shares outstanding at period end
2,755m
2,713m
2,665m
+1.5%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
8,704
1,073
-6,220
+711.2%
Non-controlling interest
535
483
452
+10.8%
Debt
86,869
90,481
75,859
-4.0%
Operating lease liabilities
6,255
4,000
2,900
+56.4%
Other liabilities
38,613
38,347
36,306
+0.7%
Total liabilities and equity
140,976
134,384
109,297
+4.9%
Fixed assets
21,536
17,069
9,716
+26.2%
Goodwill
62,230
62,261
43,811
-0.0%
Intangible assets
6,890
9,837
1,440
-30.0%
Investments
207
422
519
-50.9%
Cash and equivalents
10,454
9,765
21,383
+7.1%
Receivables
7,874
6,915
5,953
+13.9%
Inventory
334
298
314
+12.1%
Other assets
31,451
27,817
26,161
+13.1%
Total assets
140,976
134,384
109,297
+4.9%
10-K for the year ended 31 May 2024, filed 20 June 2024: the filing.