Revvity (RVTY) FY2024 results: revenue $2.8 billion, up 0.2% on the year
Revvity, Inc. (RVTY) reported revenue of $2.8 billion for fiscal 2024, the year ended 29 December 2024, up 0.2% on the year before. Net income was $270 million, down 61.0%, and diluted earnings per share $2.20. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2025.
Revenue
$2.8 billion
+0.2% on the year
FY2017FY2024
Operating margin
12.6%
10.9% a year earlier
FY2017FY2024
Net income
$270 million
-61.0% on the year
FY2017FY2024
Diluted EPS
$2.20
-60.4% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
628
91.3
680
+588.4%
Capital expenditure
86.6
81.4
85.6
+6.5%
Free cash flow
542
9.9
594
+5,369.0%
Free cash flow margin
19.7%
0.4%
17.9%
Cash from investing
776
1,314
-133
-40.9%
Cash from financing
-1,128
-947
-662
Depreciation and amortisation
428
432
427
-0.9%
Share-based compensation
37.8
41.4
51.5
-8.7%
Buybacks
370
389
80.6
-5.0%
Dividends paid
34.5
35.0
35.3
-1.5%
Dividend per share
$0.28
$0.28
$0.28
0.0%
Diluted shares, weighted
123m
125m
126m
-1.6%
Shares outstanding at period end
121m
123m
126m
-2.3%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
7,667
7,873
7,383
-2.6%
Debt
3,172
3,927
4,429
-19.2%
Operating lease liabilities
152
133
170
+14.1%
Other liabilities
1,402
1,632
2,148
-14.1%
Total liabilities and equity
12,392
13,565
14,130
-8.6%
Fixed assets
482
510
483
-5.4%
Goodwill
6,464
6,534
6,482
-1.1%
Intangible assets
2,641
3,022
3,377
-12.6%
Investments
27.4
704
11.1
-96.1%
Cash and equivalents
1,163
913
454
+27.4%
Receivables
632
633
613
-0.1%
Inventory
368
428
405
-14.1%
Other assets
615
821
2,304
-25.1%
Total assets
12,392
13,565
14,130
-8.6%
10-K for the year ended 29 December 2024, filed 25 February 2025: the filing.