AMCON DISTRIBUTING CO
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.82B | $2.71B | $2.54B | $2.01B | $1.67B | $1.52B | $1.39B | $1.32B |
| Cost of Revenue | $2.63B | $2.53B | $2.37B | $1.88B | $1.57B | $1.43B | $1.31B | $1.25B |
| Gross Profit | $188.2M | $182.4M | $170.8M | $127.7M | $100.5M | $87.7M | $84.0M | $76.9M |
| Gross Margin | 6.7% | 6.7% | 6.7% | 6.4% | 6.0% | 5.8% | 6.0% | 5.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $165.8M | $154.9M | $137.3M | $101.5M | $79.6M | $75.1M | $72.2M | $66.8M |
| Operating Income | $12.6M | $18.0M | $26.0M | $22.6M | $17.8M | $9.1M | $6.3M | $5.9M |
| Operating Margin | 0.4% | 0.7% | 1.0% | 1.1% | 1.1% | 0.6% | 0.5% | 0.4% |
| Interest Expense | — | $10.4M | $8.6M | $2.2M | $1.3M | $1.7M | $1.6M | $1.2M |
| Pretax Income | $1.6M | $7.5M | $17.3M | $21.5M | $16.7M | $7.5M | $4.8M | $4.8M |
| Income Tax Expense | $995.0K | $3.1M | $5.7M | $6.5M | $4.5M | $2.1M | $1.6M | $1.2M |
| Net Income | $568.7K | $4.3M | $11.6M | $16.7M | $15.5M | $5.5M | $3.2M | $3.6M |
| Net Margin | 0.0% | 0.2% | 0.5% | 0.8% | 0.9% | 0.4% | 0.2% | 0.3% |
| EPS (Basic) | $0.93 | $7.24 | $19.85 | $29.37 | $28.24 | $9.88 | $5.36 | $5.47 |
| EPS (Diluted) | $0.92 | $7.15 | $19.46 | $28.59 | $27.36 | $9.76 | $5.25 | $5.38 |
| Shares Outstanding (Basic) | 613.2K | 599.0K | 584.1K | 567.7K | 550.6K | 561.2K | 598.0K | 660.9K |
| Shares Outstanding (Diluted) | 616.5K | 606.8K | 595.9K | 583.1K | 568.1K | 568.0K | 609.8K | 672.4K |
| Dividends Per Share | $1.00 | $1.00 | $5.72 | $5.72 | $5.72 | $1.00 | $1.00 | $1.00 |