Ecolab Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.84B | $13.15B | $13.55B | $14.28B | $13.25B | $11.84B | $6.80B | $6.09B |
| Cost of Revenue | $8.06B | $7.53B | $7.22B | $7.68B | $7.16B | $6.39B | $3.48B | $3.01B |
| Gross Profit | $5.77B | $5.62B | $6.32B | $6.60B | $6.09B | $5.45B | $3.32B | $3.08B |
| Gross Margin | 41.7% | 42.7% | 46.7% | 46.2% | 46.0% | 46.1% | 48.9% | 50.5% |
| Operating Expenses | ||||||||
| Research & Development | $201.0M | $189.0M | $191.0M | $197.0M | $188.0M | $183.0M | $96.0M | $88.0M |
| SG&A Expense | $3.83B | $3.71B | $4.35B | $4.58B | $4.36B | $4.02B | $2.44B | $2.26B |
| Operating Income | $1.95B | $1.87B | $1.56B | $1.96B | $1.56B | $1.29B | $753.8M | $806.8M |
| Operating Margin | 14.1% | 14.2% | 11.5% | 13.7% | 11.8% | 10.9% | 11.1% | 13.2% |
| Interest Expense | $274.6M | $285.4M | $253.7M | $268.0M | $272.8M | $285.6M | $82.1M | $65.6M |
| Pretax Income | $1.76B | $1.65B | $1.32B | $1.70B | $1.30B | $1.01B | $679.6M | $747.7M |
| Income Tax Expense | $243.8M | $402.9M | $300.5M | $476.2M | $324.7M | $311.3M | $216.3M | $216.6M |
| Net Income | $1.52B | $1.25B | $1.02B | $1.22B | $973.6M | $701.3M | $463.3M | $530.3M |
| Net Margin | 11.0% | 9.5% | 7.5% | 8.6% | 7.3% | 5.9% | 6.8% | 8.7% |
| EPS (Basic) | $5.20 | $4.20 | $3.38 | $4.01 | $3.23 | $2.41 | $1.95 | $2.27 |
| EPS (Diluted) | $5.12 | $4.14 | $3.32 | $3.93 | $3.16 | $2.35 | $1.91 | $2.23 |
| Shares Outstanding (Basic) | 289.6M | 292.5M | 296.4M | 300.1M | 299.9M | 292.5M | 236.9M | 233.4M |
| Shares Outstanding (Diluted) | 294.0M | 296.7M | 301.4M | 305.9M | 305.9M | 298.9M | 242.1M | 237.6M |
| Dividends Per Share | $1.52 | $1.42 | $1.34 | $1.16 | $0.97 | $0.83 | $0.73 | $0.64 |