Williams Sonoma (WSM) FY2021 results: revenue $8.2 billion, up 21.6% on the year
Williams Sonoma Inc. (WSM) reported revenue of $8.2 billion for fiscal 2021, the year ended 30 January 2022, up 21.6% on the year before. Net income was $1.1 billion, up 65.5%, and diluted earnings per share $7.38. The figures are the company's own, from the 10-K it filed with the SEC on 28 March 2022.
Revenue
$8.2 billion
+21.6% on the year
FY2014FY2021
Operating margin
17.6%
13.4% a year earlier
FY2014FY2021
Net income
$1.1 billion
+65.5% on the year
FY2014FY2021
Diluted EPS
$7.38
+71.3% 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
1,371
1,275
607
+7.6%
Capital expenditure
227
170
186
+33.6%
Free cash flow
1,145
1,105
421
+3.6%
Free cash flow margin
13.9%
16.3%
7.1%
Cash from investing
-226
-169
-186
Cash from financing
-1,492
-343
-327
Depreciation and amortisation
196
189
188
+3.9%
Share-based compensation
95.2
73.2
64.2
+30.1%
Buybacks
899
150
149
+499.6%
Dividends paid
188
158
151
+19.0%
Dividend per share
$1.30
$1.01
$0.96
+28.7%
Diluted shares, weighted
153m
158m
158m
-3.4%
Shares outstanding at period end
144m
153m
154m
-5.7%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,664
1,651
1,236
+0.8%
Debt
0.0
299
300
Operating lease liabilities
1,067
1,025
1,095
+4.1%
Other liabilities
1,895
1,686
1,424
+12.4%
Total liabilities and equity
4,626
4,661
4,054
-0.8%
Fixed assets
921
874
929
+5.4%
Goodwill
85.4
85.4
85.3
-0.1%
Cash and equivalents
850
1,200
432
-29.2%
Receivables
132
144
112
-8.4%
Inventory
1,246
1,006
1,101
+23.9%
Other assets
1,391
1,352
1,395
+2.9%
Total assets
4,626
4,661
4,054
-0.8%
10-K for the year ended 30 January 2022, filed 28 March 2022: the filing.