Somnigroup International (SGI) FY2024 results: revenue $4.9 billion, up 0.1% on the year
Somnigroup International Inc. (SGI) reported revenue of $4.9 billion for fiscal 2024, the year ended 31 December 2024, up 0.1% on the year before. Net income was $384 million, up 4.4%, and diluted earnings per share $2.16. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2025.
Revenue
$4.9 billion
+0.1% on the year
FY2017FY2024
Operating margin
12.9%
12.3% a year earlier
FY2017FY2024
Net income
$384 million
+4.4% on the year
FY2017FY2024
Diluted EPS
$2.16
+3.8% 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
666
570
379
+16.9%
Capital expenditure
97.3
185
306
-47.5%
Free cash flow
569
385
72.3
+47.9%
Free cash flow margin
11.5%
7.8%
1.5%
Cash from investing
-96.7
-188
-315
Cash from financing
1,077
-384
-279
Depreciation and amortisation
202
183
180
+10.1%
Share-based compensation
36.4
47.7
53.1
-23.7%
Dividends paid
92.7
77.7
70.5
+19.3%
Dividend per share
$0.52
$0.44
$0.40
+18.2%
Diluted shares, weighted
178m
177m
180m
+0.5%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
559
323
-22.1
+72.9%
Redeemable equity
9.3
10.0
9.8
-7.0%
Debt
3,810
2,502
2,810
+52.3%
Operating lease liabilities
532
575
454
-7.4%
Finance lease liabilities
71.8
77.0
65.6
-6.8%
Other liabilities
998
1,067
1,043
-6.5%
Total liabilities and equity
5,980
4,554
4,360
+31.3%
Goodwill
1,067
1,083
1,062
-1.5%
Intangible assets
700
715
716
-2.0%
Cash and equivalents
1,710
74.9
69.4
+2,182.6%
Receivables
404
431
423
-6.2%
Inventory
447
483
555
-7.5%
Other assets
1,652
1,766
1,535
-6.5%
Total assets
5,980
4,554
4,360
+31.3%
10-K for the year ended 31 December 2024, filed 28 February 2025: the filing.