DOX FY 2021 Earnings Report — Amdocs Limited Revenue & Financial Results | Market Cap Arena

Amdocs LimitedDOX

FY 2021 Earnings

Reported December 9, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$4.3B	—	$4.2B	—	2.9%
Op. Income	$599M	—	$595M	—	0.7%
Gross Margin	34.5%	—	33.9%	—	0.6pp
Net Margin	16.1%	—	11.9%	—	4.1pp
EPS (Diluted)	$5.32	—	$3.71	—	43.4%
Free Cash Flow	$715M	—	$453M	—	58.0%

Revenue Flow

Item	Amount
REVENUE	$4.3B
Cost of Revenue	$2.8B
GROSS PROFIT	$1.5B
R&D Expenses	$313M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$487M
Other Expenses	$79M
Operating Expenses	$879M
Cost & Expenses	$3.7B
OPERATING INCOME	$599M
Interest Income	$5M
Interest Expense	$21M
Other Income/Expenses	$216M
INCOME BEFORE TAX	$814M
Income Tax Expense	$126M
Net Income from Continuing Ops	$688M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$688M
Net Income Deductions	-$32.0K
BOTTOM LINE NET INCOME	$681M
D&A	$209M
EBIT	$836M
EBITDA	$1.0B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$4.3B
Cost of Revenue	$2.8B
GROSS PROFIT	$1.5B
R&D Expenses	$313M
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$487M
Other Expenses	$79M
Operating Expenses	$879M
Cost & Expenses	$3.7B
OPERATING INCOME	$599M
Interest Income	$5M
Interest Expense	$21M
Other Income/Expenses	$216M
INCOME BEFORE TAX	$814M
Income Tax Expense	$126M
Net Income from Continuing Ops	$688M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$688M
Net Income Deductions	-$32.0K
BOTTOM LINE NET INCOME	$681M
D&A	$209M
EBIT	$836M
EBITDA	$1.0B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$688M
Depreciation & Amortization	$209M
Stock-Based Compensation	$54M
Deferred Income Tax	-$51M
Other Non-Cash Items	-$224M
Change in Working Capital	$249M
OPERATING CASH FLOW	$926M
Capital Expenditure	-$210M
Acquisitions (Net)	$146M
Purchases of Investments	-$277M
Sales/Maturities of Investments	$18M
Other Investing Activities	-$6M
NET CASH FROM INVESTING	-$329M
Net Debt Issuance	-$100M
Common Stock Repurchased	-$680M
Common Dividends Paid	-$177M
Other Financing Activities	-$3M
NET CASH FROM FINANCING	-$871M
FREE CASH FLOW	$715M
Net Change in Cash	-$274M

Balance Sheet

Item	Amount
Cash & Equivalents	$709M
Short-Term Investments	$257M
Net Receivables	$867M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.1B
PP&E (Net)	$932M
Goodwill	$2.6B
Intangible Assets	$259M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$631M
TOTAL NON-CURRENT ASSETS	$4.4B
TOTAL ASSETS	$6.5B
Account Payables	$121M
Short-Term Debt	$0
Deferred Revenue	$237M
Other Current Liabilities	$600M
TOTAL CURRENT LIABILITIES	$1.3B
Long-Term Debt	$645M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$305M
Other Non-Current Liabilities	$446M
TOTAL NON-CURRENT LIABILITIES	$1.6B
TOTAL LIABILITIES	$2.9B
Common Stock	$5M
Additional Paid-In Capital	$4.0B
Retained Earnings	$5.9B
Treasury Stock	-$6.2B
Accum. Other Comp. Income	$9M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.6B
Minority Interest	$43M
TOTAL EQUITY	$3.6B
TOTAL LIABILITIES & EQUITY	$6.5B
Total Debt	$881M
Net Debt	$172M