Curtiss-Wright Corp.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.41B | $2.27B | $2.11B | $2.21B | $2.24B | $2.12B | $1.82B | $2.02B |
| Cost of Revenue | $1.54B | $1.47B | $1.37B | $1.42B | $1.47B | $1.38B | $1.21B | $1.36B |
| Gross Profit | $871.3M | $800.8M | $734.7M | $783.3M | $776.5M | $735.8M | $612.4M | $656.9M |
| Gross Margin | 36.1% | 35.3% | 34.8% | 35.5% | 34.6% | 34.7% | 33.6% | 32.6% |
| Operating Expenses | ||||||||
| Research & Development | $64.5M | $61.4M | $59.4M | $60.8M | $67.8M | $63.6M | $54.4M | $62.1M |
| SG&A Expense | $306.5M | $292.4M | $265.6M | $290.3M | $298.3M | $306.7M | $269.1M | $288.5M |
| Operating Income | $373.6M | $325.1M | $296.5M | $310.6M | $282.4M | $237.1M | $181.4M | $186.9M |
| Operating Margin | 15.5% | 14.3% | 14.1% | 14.1% | 12.6% | 11.2% | 9.9% | 9.3% |
| Interest Expense | $34.0M | $41.5M | $41.2M | $36.0M | $35.8M | $37.1M | $26.3M | $20.8M |
| Pretax Income | $356.2M | $299.6M | $268.0M | $275.2M | $246.9M | $201.1M | $155.2M | $166.9M |
| Income Tax Expense | $80.5M | $84.7M | $78.6M | $82.9M | $77.0M | $61.6M | $51.1M | $48.3M |
| Net Income | $275.7M | $214.9M | $187.3M | $145.5M | $113.3M | $138.0M | $113.8M | $126.4M |
| Net Margin | 11.4% | 9.5% | 8.9% | 6.6% | 5.1% | 6.5% | 6.2% | 6.3% |
| EPS (Basic) | $6.28 | $4.86 | $4.22 | $3.12 | $2.36 | $2.94 | $2.44 | $2.73 |
| EPS (Diluted) | $6.22 | $4.80 | $4.15 | $3.05 | $2.31 | $2.88 | $2.41 | $2.69 |
| Shares Outstanding (Basic) | 43.9M | 44.2M | 44.4M | 46.6M | 48.0M | 47.0M | 46.7M | 46.4M |
| Shares Outstanding (Diluted) | 44.3M | 44.8M | 45.0M | 47.6M | 49.1M | 47.9M | 47.4M | 47.0M |
| Dividends Per Share | $0.60 | $0.56 | $0.52 | $0.52 | $0.52 | $0.39 | $0.35 | $0.32 |