Regency Centers (REG) FY2021 results: revenue $1.2 billion, up 14.8% on the year
Regency Centers Corp. (REG) reported revenue of $1.2 billion for fiscal 2021, the year ended 31 December 2021, up 14.8% on the year before. Net income was $361 million, up 705.1%, and diluted earnings per share $2.12. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2022.
Revenue
$1.2 billion
+14.8% on the year
FY2017FY2021
Operating margin
38.8%
26.5% a year earlier
FY2017FY2021
Net income
$361 million
+705.1% on the year
FY2017FY2021
Diluted EPS
$2.12
+715.4% on the year
FY2017FY2021
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
659
499
621
+32.1%
Capital expenditure
178
181
200
-1.8%
Free cash flow
482
318
421
+51.3%
Free cash flow margin
41.3%
31.3%
37.2%
Cash from investing
-286
-25.6
-283
Cash from financing
-656
-211
-268
Depreciation and amortisation
303
346
374
-12.3%
Share-based compensation
12.5
13.6
14.3
-7.8%
Buybacks
n/a
0.0
32.8
Dividends paid
403
301
391
+34.1%
Dividend per share
$2.41
$2.38
$2.34
+1.3%
Diluted shares, weighted
n/a
169m
168m
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
6,037
5,985
6,213
+0.9%
Non-controlling interest
72.6
73.2
76.6
-0.9%
Debt
3,719
3,923
3,920
-5.2%
Other liabilities
964
956
923
+0.8%
Total liabilities and equity
10,793
10,937
11,132
-1.3%
Fixed assets
5.4
6.6
7.1
-17.0%
Goodwill
167
174
307
-3.9%
Intangible assets
213
189
243
+12.7%
Cash and equivalents
95.0
378
116
-74.9%
Other assets
10,312
10,189
10,459
+1.2%
Total assets
10,793
10,937
11,132
-1.3%
10-K for the year ended 31 December 2021, filed 17 February 2022: the filing.