Universal (UVV) FY2022 results: revenue $2.1 billion, up 6.4% on the year
Universal Corp. (UVV) reported revenue of $2.1 billion for fiscal 2022, the year ended 31 March 2022, up 6.4% on the year before. Net income was $87 million, down 1.0%, and diluted earnings per share $3.47. The figures are the company's own, from the 10-K it filed with the SEC on 27 May 2022.
Revenue
$2.1 billion
+6.4% on the year
FY2015FY2022
Operating margin
7.7%
7.5% a year earlier
FY2015FY2022
Net income
$87 million
-1.0% on the year
FY2015FY2022
Diluted EPS
$3.47
-1.7% on the year
FY2015FY2022
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
44.9
220
10.9
-79.6%
Capital expenditure
53.2
66.2
35.2
-19.6%
Free cash flow
-8.3
154
-24.3
Free cash flow margin
-0.4%
7.8%
-1.3%
Cash from investing
-143
-217
-106
Cash from financing
-16.8
91.4
-94.1
Depreciation and amortisation
52.5
44.7
38.4
+17.4%
Share-based compensation
6.2
6.1
5.6
+1.3%
Buybacks
3.1
0.0
33.5
Dividends paid
76.4
75.2
75.4
+1.7%
Dividend per share
$3.12
$3.08
$3.04
+1.3%
Diluted shares, weighted
25m
25m
25m
+0.5%
Shares outstanding at period end
25m
25m
24m
+0.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,341
1,307
1,247
+2.5%
Non-controlling interest
44.2
41.1
42.6
+7.5%
Debt
701
619
447
+13.2%
Operating lease liabilities
29.6
19.7
25.9
+50.1%
Other liabilities
471
354
359
+32.9%
Total liabilities and equity
2,586
2,342
2,121
+10.4%
Fixed assets
345
350
315
-1.3%
Goodwill
214
173
127
+23.7%
Intangible assets
92.6
72.3
17.9
+28.0%
Trading assets
13.7
15.7
12.6
-13.2%
Cash and equivalents
81.6
197
107
-58.6%
Receivables
385
367
341
+4.9%
Other assets
1,454
1,167
1,200
+24.6%
Total assets
2,586
2,342
2,121
+10.4%
10-K for the year ended 31 March 2022, filed 27 May 2022: the filing.