O'Reilly Automotive (ORLY) FY2021 results: revenue $13.3 billion, up 14.8% on the year
O'Reilly Automotive, Inc. (ORLY) reported revenue of $13.3 billion for fiscal 2021, the year ended 31 December 2021, up 14.8% on the year before. Net income was $2.2 billion, up 23.5%, and diluted earnings per share $2.07. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2022.
Revenue
$13.3 billion
+14.8% on the year
FY2014FY2021
Operating margin
21.9%
20.8% a year earlier
FY2014FY2021
Net income
$2.2 billion
+23.5% on the year
FY2014FY2021
Diluted EPS
$2.07
+32.2% 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
3,207
2,837
1,708
+13.1%
Capital expenditure
443
466
628
-4.9%
Free cash flow
2,764
2,371
1,080
+16.6%
Free cash flow margin
20.7%
20.4%
10.6%
Cash from investing
-616
-615
-797
Cash from financing
-2,695
-1,797
-903
Depreciation and amortisation
328
315
271
+4.3%
Share-based compensation
24.7
22.7
21.9
+8.4%
Buybacks
2,476
2,087
1,433
+18.6%
Diluted shares, weighted
1,044m
1,117m
1,167m
-6.5%
Shares outstanding at period end
1,005m
1,067m
1,134m
-5.8%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
-66.4
140
397
Debt
3,827
4,123
3,891
-7.2%
Operating lease liabilities
1,702
1,719
1,655
-1.0%
Other liabilities
6,256
5,614
4,774
+11.4%
Total liabilities and equity
11,719
11,597
10,717
+1.1%
Fixed assets
4,214
4,095
3,948
+2.9%
Goodwill
879
881
937
-0.2%
Intangible assets
49.2
56.3
1.8
-12.6%
Cash and equivalents
362
466
40.4
-22.2%
Receivables
273
230
215
+18.7%
Inventory
3,686
3,653
3,454
+0.9%
Other assets
2,256
2,216
2,121
+1.8%
Total assets
11,719
11,597
10,717
+1.1%
10-K for the year ended 31 December 2021, filed 28 February 2022: the filing.