Conagra Brands, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.94B | $7.83B | $1.50B | $1.60B | $1.70B | $1.70B | $1.60B | $12.39B |
| Cost of Revenue | $5.59B | $5.48B | $6.23B | $6.74B | $8.91B | $10.10B | $10.53B | $9.48B |
| Gross Profit | $2.35B | $2.34B | $-4.73B | $-5.14B | $-7.21B | $-8.40B | $-8.93B | $2.90B |
| Gross Margin | 29.6% | 29.9% | -315.7% | -321.1% | -424.2% | -494.4% | -558.3% | 23.4% |
| Operating Expenses | ||||||||
| Research & Development | $47.3M | $44.6M | $59.6M | $63.1M | $86.0M | $91.1M | $86.0M | $81.4M |
| SG&A Expense | $1.40B | $1.47B | $2.02B | $1.38B | $1.78B | $2.07B | $1.98B | $1.50B |
| Operating Income | $1.41B | $1.24B | $1.22B | $1.21B | $1.43B | $1.70B | $1.59B | $1.64B |
| Operating Margin | 17.8% | 15.8% | 81.5% | 75.6% | 84.4% | 99.7% | 99.3% | 13.2% |
| Interest Expense | — | — | $297.8M | $330.0M | $377.5M | $276.2M | $204.0M | $177.5M |
| Pretax Income | $972.1M | $800.7M | $174.9M | $664.0M | $803.5M | $1.06B | $659.6M | $1.25B |
| Income Tax Expense | $174.6M | $254.7M | $46.4M | $212.7M | $178.3M | $361.9M | $191.7M | $421.6M |
| Net Income | $808.4M | $639.3M | $-677.0M | $-252.6M | $303.1M | $773.9M | $467.9M | $817.6M |
| Net Margin | 10.2% | 8.2% | -45.1% | -15.8% | 17.8% | 45.5% | 29.2% | 6.6% |
| EPS (Basic) | $2.00 | $1.48 | $-1.57 | $-0.60 | $0.72 | $1.88 | $1.13 | $1.90 |
| EPS (Diluted) | $1.98 | $1.46 | $-1.56 | $-0.59 | $0.70 | $1.85 | $1.12 | $1.88 |
| Shares Outstanding (Basic) | 403.9M | 431.9M | 434.4M | 426.1M | 421.3M | 410.8M | 412.9M | 429.7M |
| Shares Outstanding (Diluted) | 407.4M | 436.0M | 438.5M | 431.3M | 427.5M | 417.6M | 418.3M | 434.3M |
| Dividends Per Share | $0.85 | $0.90 | $1.00 | $1.00 | $1.00 | $0.99 | $0.95 | $0.89 |