Regency Centers (REG) FY2022 results: revenue $1.2 billion, up 5.0% on the year
Regency Centers Corp. (REG) reported revenue of $1.2 billion for fiscal 2022, the year ended 31 December 2022, up 5.0% on the year before. Net income was $483 million, up 33.6%, and diluted earnings per share $2.81. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2023.
Revenue
$1.2 billion
+5.0% on the year
FY2017FY2022
Operating margin
73.3%
38.8% a year earlier
FY2017FY2022
Net income
$483 million
+33.6% on the year
FY2017FY2022
Diluted EPS
$2.81
+32.5% on the year
FY2017FY2022
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
656
659
499
-0.5%
Capital expenditure
195
178
181
+10.0%
Free cash flow
460
482
318
-4.4%
Free cash flow margin
37.6%
41.3%
31.3%
Cash from investing
-206
-286
-25.6
Cash from financing
-476
-656
-211
Depreciation and amortisation
320
303
346
+5.4%
Share-based compensation
16.5
12.5
13.6
+32.0%
Buybacks
75.4
n/a
0.0
Dividends paid
428
403
301
+6.2%
Dividend per share
$2.52
$2.41
$2.38
+4.8%
Diluted shares, weighted
n/a
n/a
169m
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
6,097
6,037
5,985
+1.0%
Non-controlling interest
81.1
72.6
73.2
+11.7%
Debt
3,727
3,719
3,923
+0.2%
Other liabilities
955
964
956
-0.9%
Total liabilities and equity
10,860
10,793
10,937
+0.6%
Fixed assets
5.8
5.4
6.6
+6.7%
Goodwill
167
167
174
-0.0%
Intangible assets
198
213
189
-7.0%
Cash and equivalents
68.8
95.0
378
-27.6%
Other assets
10,421
10,312
10,189
+1.1%
Total assets
10,860
10,793
10,937
+0.6%
10-K for the year ended 31 December 2022, filed 17 February 2023: the filing.