Ecolab Inc.
Income Statement
| Line Item | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|
| Revenue | $6.09B | $5.90B | $6.14B | $5.47B |
| Cost of Revenue | $3.01B | $2.98B | $3.14B | $2.69B |
| Gross Profit | $3.08B | $2.92B | $3.00B | $2.78B |
| Gross Margin | 50.5% | 49.5% | 48.8% | 50.8% |
| Operating Expenses | ||||
| Research & Development | $88.0M | $86.0M | $86.0M | — |
| SG&A Expense | $2.26B | $2.17B | $2.26B | $2.09B |
| Operating Income | $806.8M | $681.3M | $712.8M | $669.0M |
| Operating Margin | 13.2% | 11.5% | 11.6% | 12.2% |
| Interest Expense | $65.6M | $67.5M | $70.8M | — |
| Pretax Income | $747.7M | $620.1M | $651.2M | $618.0M |
| Income Tax Expense | $216.6M | $201.4M | $202.8M | $189.1M |
| Net Income | $530.3M | $417.3M | $448.1M | $427.2M |
| Net Margin | 8.7% | 7.1% | 7.3% | 7.8% |
| EPS (Basic) | $2.27 | $1.76 | $1.83 | $1.73 |
| EPS (Diluted) | $2.23 | $1.74 | $1.80 | $1.70 |
| Shares Outstanding (Basic) | 233.4M | 236.7M | 245.4M | 246.8M |
| Shares Outstanding (Diluted) | 237.6M | 239.9M | 249.3M | 251.8M |
| Dividends Per Share | $0.64 | $0.58 | $0.53 | $0.48 |