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Fundamentals - Income Statement

  Year Ending Jan 2021 (Update) Year Ending Dec 2019 (Update) Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Jan 2017 (Update)
Net Sales 4,117.41 3,618.77 3,432.87 2,787.98 2,472.63
Revenue 4,117.41 3,618.77 3,432.87 2,787.98 2,472.63
Total Revenue 4,117.41 3,618.77 3,432.87 2,787.98 2,472.63
Cost of Revenue 2,522.92 2,216.28 2,130.19 1,921.99 1,704.94
Cost of Revenue, Total 2,522.92 2,216.28 2,130.19 1,921.99 1,704.94
Gross Profit 1,594.49 1,402.50 1,302.68 865.99 767.69
Selling/General/Administrative Expense 406.61 382.29 372.46 344.76 313.65
Advertising Expense 462.24 390.80 358.53 -- --
Selling/General/Administrative Expenses, Total 868.85 773.09 730.99 344.76 313.65
Total Operating Expense 3,391.77 2,989.37 2,861.18 2,266.75 2,018.59
Operating Income 725.64 629.41 571.69 521.23 454.04
Interest Expense - Non-Operating -172.17 -150.82 -146.35 -122.54 -110.07
Interest Expense, Net Non-Operating -172.17 -150.82 -146.35 -122.54 -110.07
Interest Income, Non-Operating 1.65 4.05 3.33 1.46 0.69
Interest/Investment Income, Non-Operating 1.65 4.05 3.33 1.46 0.69
Interest Income (Expense), Net-Non-Operating, Total -170.51 -146.77 -143.01 -121.08 -109.38
Other Non-Operating Income (Expense) -- -- -- -- --
Other, Net -- -- -- -- --
Net Income Before Taxes 555.13 482.64 428.68 400.15 344.66
Income Tax – Total 63.83 81.93 66.71 122.25 129.98
Income After Tax 491.30 400.71 361.97 277.91 214.68
Net Income Before Extraordinary Items 491.30 400.71 361.97 277.91 214.68
Net Income 491.30 400.71 361.97 277.91 214.68
Income Available to Common Excluding Extraordinary Items 491.30 400.71 361.97 277.91 214.68
Income Available to Common Stocks Including Extraordinary Items 491.30 400.71 361.97 277.91 214.68
Basic Weighted Average Shares 38.97 40.77 41.86 45.95 48.65
Basic EPS Excluding Extraordinary Items 12.61 9.83 8.65 6.05 4.41
Basic EPS Including Extraordinary Items 12.61 9.83 8.65 6.05 4.41
Dilution Adjustment -- -- -- -- --
Diluted Net Income 491.30 400.71 361.97 277.91 214.68
Diluted Weighted Average Shares 39.64 41.92 43.33 47.68 49.92
Diluted EPS Excluding Extraordinary Items 12.39 9.56 8.35 5.83 4.30
Diluted EPS Including Extraordinary Items 12.39 9.56 8.35 5.83 4.30
DPS - Common Stock Primary Issue 3.12 2.60 2.20 1.84 1.52
Gross Dividends - Common Stock 122.20 105.60 92.20 84.20 74.00
(Gain) Loss on Sale of Assets, Supplemental 2.92 2.02 -4.74 3.15 0.86
Other Unusual Expense (Income), Supplemental 0.00 0.51 0.53 0.62 --
Non-Recurring Items, Total 2.92 2.53 -4.21 3.77 0.86
Total Special Items 2.92 2.53 -4.21 3.77 0.86
Normalized Income Before Taxes 558.05 485.17 424.47 403.92 345.52
Effect of Special Items on Income Taxes 0.34 0.43 -0.65 1.15 0.33
Income Taxes Excluding Impact of Special Items 64.17 82.36 66.05 123.40 130.31
Normalized Income After Taxes 493.88 402.81 358.42 280.52 215.22
Normalized Income Available to Common 493.88 402.81 358.42 280.52 215.22
Basic Normalized EPS 12.67 9.88 8.56 6.10 4.42
Diluted Normalized EPS 12.46 9.61 8.27 5.88 4.31
Amortization of Intangibles, Supplemental 23.00 22.80 18.70 14.80 --
Depreciation, Supplemental 42.00 37.10 35.00 29.60 38.14
Interest Expense, Supplemental 172.17 150.82 146.35 122.54 110.07
Rental Expense, Supplemental 73.70 69.70 62.50 57.90 49.90
Stock-Based Compensation, Supplemental 24.24 20.27 22.79 20.71 18.56
Advertising Expense, Supplemental 462.24 390.80 358.53 39.80 34.50
Audit-Related Fees, Supplemental 0.00 -- 1.43 1.51 1.63
Audit-Related Fees 0.00 -- 0.19 0.19 0.10
Tax Fees, Supplemental -- -- -- -- 0.00
All Other Fees Paid to Auditor, Supplemental 0.00 -- 0.00 0.00 0.00
Gross Margin 38.73 38.76 37.95 31.06 31.05
Operating Margin 17.62 17.39 16.65 18.70 18.36
Pretax Margin 13.48 13.34 12.49 14.35 13.94
Effective Tax Rate 11.50 16.98 15.56 30.55 37.71
Net Profit Margin 11.93 11.07 10.54 9.97 8.68
Normalized EBIT 728.56 631.94 567.48 525.00 454.91
Normalized EBITDA 793.56 691.84 621.18 569.40 493.05
Current Tax - Domestic 19.89 49.54 33.56 81.75 100.67
Current Tax - Local 10.78 15.34 12.65 14.13 15.09
Current Tax - Total 30.67 64.87 46.21 95.88 115.76
Deferred Tax - Domestic 14.30 -2.86 -1.54 6.73 -3.10
Deferred Tax - Local 0.12 -0.44 0.67 -0.57 0.04
Deferred Tax - Total 14.42 -3.30 -0.87 6.16 -3.06
Other Tax 18.74 20.35 21.37 20.21 17.28
Income Tax - Total 63.83 81.93 66.71 122.25 129.98
Defined Contribution Expense - Domestic 12.00 21.60 14.60 12.20 10.40
Total Pension Expense 12.00 21.60 14.60 12.20 10.40

In millions of USD (except for per share items)

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