United Parks & Resorts (PRKS) FY2021 results: revenue $1.5 billion, up 248.3% on the year
United Parks & Resorts Inc. (PRKS) reported revenue of $1.5 billion for fiscal 2021, the year ended 31 December 2021, up 248.3% on the year before. Net income was $257 million, and diluted earnings per share $3.22. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2022.
Revenue
$1.5 billion
+248.3% on the year
FY2014FY2021
Operating margin
28.7%
-56.0% a year earlier
FY2014FY2021
Net income
$257 million
FY2014FY2021
Diluted EPS
$3.22
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
503
-121
348
Capital expenditure
129
109
195
+18.0%
Free cash flow
374
-230
153
Free cash flow margin
24.9%
-53.2%
11.0%
Cash from investing
-129
-109
-195
Cash from financing
-365
624
-147
Depreciation and amortisation
149
151
161
-1.3%
Share-based compensation
39.7
7.5
11.1
+432.0%
Buybacks
216
12.4
150
+1,639.1%
Diluted shares, weighted
80m
78m
81m
+1.8%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
-33.9
-106
211
Debt
2,117
2,193
1,548
-3.5%
Operating lease liabilities
117
120
124
-2.6%
Finance lease liabilities
2.5
2.9
n/a
-15.4%
Other liabilities
408
356
417
+14.4%
Total liabilities and equity
2,610
2,566
2,301
+1.7%
Fixed assets
1,645
1,661
1,733
-1.0%
Goodwill
66.3
66.3
66.3
0.0%
Cash and equivalents
444
434
39.9
+2.3%
Receivables
76.9
30.4
49.7
+153.0%
Inventory
29.5
30.7
33.2
-4.0%
Other assets
349
344
378
+1.3%
Total assets
2,610
2,566
2,301
+1.7%
10-K for the year ended 31 December 2021, filed 28 February 2022: the filing.