Silicon Laboratories (SLAB) FY2021 results: revenue $721 million, up 41.1% on the year
Silicon Laboratories Inc. (SLAB) reported revenue of $721 million for fiscal 2021, the year ended 1 January 2022, up 41.1% on the year before. Net income was $2.1 billion, up 16797.3%, and diluted earnings per share $47.78. The figures are the company's own, from the 10-K it filed with the SEC on 2 February 2022.
Revenue
$721 million
+41.1% on the year
FY2014FY2021
Operating margin
-4.6%
-21.0% a year earlier
FY2014FY2021
Net income
$2.1 billion
+16,797.3% on the year
FY2014FY2021
Diluted EPS
$47.78
+16,964.3% on the year
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
-100
136
167
Capital expenditure
28.6
18.1
15.3
+58.0%
Free cash flow
-129
118
151
Free cash flow margin
-17.9%
23.0%
31.9%
Cash from investing
n/a
-361
-107
Cash from financing
-1,299
201
-29.6
Depreciation and amortisation
62.6
58.8
52.9
+6.3%
Share-based compensation
56.8
49.5
44.3
+14.9%
Buybacks
1,150
16.3
26.7
+6,961.1%
Diluted shares, weighted
44m
44m
44m
-0.1%
Shares outstanding at period end
38m
44m
43m
-12.4%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
2,212
1,200
1,115
+84.4%
Debt
451
563
368
-20.0%
Operating lease liabilities
22.5
n/a
n/a
Other liabilities
273
230
192
+18.5%
Total liabilities and equity
2,958
1,993
1,675
+48.4%
Fixed assets
147
136
136
+7.9%
Goodwill
376
376
237
0.0%
Intangible assets
119
163
134
-27.2%
Investments
965
522
499
+84.8%
Cash and equivalents
1,075
203
227
+430.1%
Receivables
98.3
95.2
75.6
+3.3%
Inventory
49.3
47.9
73.1
+3.0%
Other assets
130
450
293
-71.2%
Total assets
2,958
1,993
1,675
+48.4%
10-K for the year ended 1 January 2022, filed 2 February 2022: the filing.