Perrigo (PRGO) FY2021 results: revenue $4.1 billion, up 1.2% on the year
Perrigo Co. plc (PRGO) reported revenue of $4.1 billion for fiscal 2021, the year ended 31 December 2021, up 1.2% on the year before. Net income was -$69 million, and diluted earnings per share $-0.52. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2022.
Revenue
$4.1 billion
+1.2% on the year
FY2016FY2021
Operating margin
9.9%
6.5% a year earlier
FY2016FY2021
Net income
-$69 million
FY2016FY2021
Diluted EPS
-$0.52
FY2016FY2021
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
156
636
388
-75.4%
Capital expenditure
152
170
138
-10.7%
Free cash flow
4.2
466
250
-99.1%
Free cash flow margin
0.1%
11.4%
6.5%
Cash from investing
1,276
-188
-596
Cash from financing
-179
-181
1.8
Depreciation and amortisation
312
385
396
-18.9%
Share-based compensation
60.1
58.5
52.2
+2.7%
Buybacks
0.0
164
0.0
Dividends paid
130
124
112
+4.6%
Dividend per share
$0.96
$0.90
$0.82
+6.7%
Diluted shares, weighted
134m
136m
136m
-1.8%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
5,152
5,655
5,804
-8.9%
Non-controlling interest
n/a
0.0
0.3
Debt
3,520
3,566
3,369
-1.3%
Operating lease liabilities
147
132
102
+11.2%
Finance lease liabilities
20.9
20.2
21.1
+3.5%
Other liabilities
1,585
2,114
2,005
-25.0%
Total liabilities and equity
10,426
11,488
11,301
-9.3%
Fixed assets
864
865
774
-0.1%
Goodwill
2,999
3,096
3,103
-3.1%
Intangible assets
3,684
3,890
4,754
-5.3%
Cash and equivalents
1,865
632
354
+195.3%
Receivables
653
594
1,243
+10.0%
Inventory
1,020
1,059
967
-3.7%
Other assets
n/a
1,354
106
Total assets
10,426
11,488
11,301
-9.3%
10-K for the year ended 31 December 2021, filed 1 March 2022: the filing.