TripAdvisor (TRIP) FY2021 results: revenue $902 million, up 49.3% on the year
TripAdvisor, Inc. (TRIP) reported revenue of $902 million for fiscal 2021, the year ended 31 December 2021, up 49.3% on the year before. Net income was -$148 million, and diluted earnings per share $-1.08. The figures are the company's own, from the 10-K it filed with the SEC on 18 February 2022.
Revenue
$902 million
+49.3% on the year
FY2014FY2021
Operating margin
-14.5%
-54.5% a year earlier
FY2014FY2021
Net income
-$148 million
FY2014FY2021
Diluted EPS
-$1.08
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
108
-194
424
Capital expenditure
54.0
55.0
83.0
-1.8%
Free cash flow
54.0
-249
341
Free cash flow margin
6.0%
-41.2%
21.9%
Cash from investing
-54.0
-56.0
-176
Cash from financing
263
341
-580
-22.9%
Depreciation and amortisation
111
125
126
-11.2%
Share-based compensation
120
109
124
+10.1%
Buybacks
0.0
115
60.0
Dividends paid
n/a
n/a
488
Dividend per share
$0.00
$0.00
$3.50
Diluted shares, weighted
137m
135m
141m
+1.8%
Shares outstanding at period end
126m
122m
125m
+3.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
789
886
1,161
-10.9%
Debt
833
491
0.0
+69.7%
Operating lease liabilities
29.0
46.0
64.0
-37.0%
Finance lease liabilities
65.0
71.0
78.0
-8.5%
Other liabilities
573
475
681
+20.6%
Total liabilities and equity
2,289
1,969
1,984
+16.3%
Fixed assets
215
240
270
-10.4%
Goodwill
843
862
840
-2.2%
Intangible assets
65.0
86.0
110
-24.4%
Investments
0.0
0.0
0.0
Cash and equivalents
723
418
319
+73.0%
Receivables
105
70.0
176
+50.0%
Other assets
338
293
269
+15.4%
Total assets
2,289
1,969
1,984
+16.3%
10-K for the year ended 31 December 2021, filed 18 February 2022: the filing.