O'Reilly Automotive (ORLY) FY2022 results: revenue $14.4 billion, up 8.1% on the year
O'Reilly Automotive, Inc. (ORLY) reported revenue of $14.4 billion for fiscal 2022, the year ended 31 December 2022, up 8.1% on the year before. Net income was $2.2 billion, up 0.4%, and diluted earnings per share $2.23. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2023.
Revenue
$14.4 billion
+8.1% on the year
FY2015FY2022
Operating margin
20.5%
21.9% a year earlier
FY2015FY2022
Net income
$2.2 billion
+0.4% on the year
FY2015FY2022
Diluted EPS
$2.23
+7.5% 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
3,148
3,207
2,837
-1.8%
Capital expenditure
563
443
466
+27.2%
Free cash flow
2,585
2,764
2,371
-6.5%
Free cash flow margin
17.9%
20.7%
20.4%
Cash from investing
-740
-616
-615
Cash from financing
-2,663
-2,695
-1,797
Depreciation and amortisation
358
328
315
+9.1%
Share-based compensation
26.5
24.7
22.7
+7.3%
Buybacks
3,282
2,476
2,087
+32.6%
Diluted shares, weighted
974m
1,044m
1,117m
-6.7%
Shares outstanding at period end
935m
1,005m
1,067m
-7.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
-1,061
-66.4
140
Debt
4,372
3,827
4,123
+14.2%
Operating lease liabilities
1,807
1,702
1,719
+6.2%
Other liabilities
7,510
6,256
5,614
+20.0%
Total liabilities and equity
12,628
11,719
11,597
+7.8%
Fixed assets
4,424
4,214
4,095
+5.0%
Goodwill
884
879
881
+0.6%
Intangible assets
46.2
49.2
56.3
-6.1%
Cash and equivalents
109
362
466
-70.0%
Receivables
343
273
230
+25.9%
Inventory
4,359
3,686
3,653
+18.2%
Other assets
2,462
2,256
2,216
+9.2%
Total assets
12,628
11,719
11,597
+7.8%
10-K for the year ended 31 December 2022, filed 28 February 2023: the filing.