Perrigo (PRGO) FY2022 results: revenue $4.5 billion, up 7.6% on the year
Perrigo Co. plc (PRGO) reported revenue of $4.5 billion for fiscal 2022, the year ended 31 December 2022, up 7.6% on the year before. Net income was -$141 million, and diluted earnings per share $-1.04. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2023.
Revenue
$4.5 billion
+7.6% on the year
FY2016FY2022
Operating margin
1.8%
9.9% a year earlier
FY2016FY2022
Net income
-$141 million
FY2016FY2022
Diluted EPS
-$1.04
FY2016FY2022
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
307
156
636
+96.6%
Capital expenditure
96.4
152
170
-36.6%
Free cash flow
211
4.2
466
+4,921.4%
Free cash flow margin
4.7%
0.1%
11.4%
Cash from investing
-1,959
1,276
-188
Cash from financing
422
-179
-181
Depreciation and amortisation
339
312
385
+8.5%
Share-based compensation
54.9
60.1
58.5
-8.7%
Buybacks
0.0
0.0
164
Dividends paid
142
130
124
+9.9%
Dividend per share
$1.04
$0.96
$0.90
+8.3%
Diluted shares, weighted
134m
134m
136m
+0.7%
Shares outstanding at period end
135m
n/a
n/a
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
4,842
5,152
5,655
-6.0%
Non-controlling interest
n/a
n/a
0.0
Debt
4,107
3,520
3,566
+16.6%
Operating lease liabilities
190
147
132
+28.6%
Finance lease liabilities
17.4
20.9
20.2
-16.7%
Other liabilities
1,862
1,585
2,114
+17.4%
Total liabilities and equity
11,017
10,426
11,488
+5.7%
Fixed assets
926
864
865
+7.2%
Goodwill
3,490
2,999
3,096
+16.4%
Intangible assets
5,008
3,684
3,890
+35.9%
Cash and equivalents
601
1,865
632
-67.8%
Receivables
697
653
594
+6.8%
Inventory
1,150
1,020
1,059
+12.8%
Other assets
n/a
n/a
1,354
Total assets
11,017
10,426
11,488
+5.7%
10-K for the year ended 31 December 2022, filed 28 February 2023: the filing.