Estee Lauder Cos. Inc
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.68B | $11.82B | $11.26B | $10.78B | $10.97B | $10.18B | $9.71B | $8.81B |
| Cost of Revenue | $2.84B | $2.43B | $2.18B | $2.10B | $2.16B | $2.03B | $2.00B | $1.94B |
| Gross Profit | $10.84B | $9.39B | $9.08B | $8.68B | $8.81B | $8.16B | $7.72B | $6.87B |
| Gross Margin | 79.2% | 79.4% | 80.6% | 80.5% | 80.3% | 80.1% | 79.5% | 78.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | $157.9M | $146.8M | $137.8M | $85.7M |
| SG&A Expense | $8.55B | $7.46B | $7.34B | $7.07B | $6.99B | $6.60B | $6.32B | $5.70B |
| Operating Income | $2.06B | $1.70B | $1.61B | $1.61B | $1.83B | $1.53B | $1.31B | $1.09B |
| Operating Margin | 15.0% | 14.4% | 14.3% | 14.9% | 16.7% | 15.0% | 13.5% | 12.4% |
| Interest Expense | $128.0M | $103.0M | $71.0M | $60.0M | $59.4M | $63.1M | — | — |
| Pretax Income | $1.98B | $1.62B | $1.56B | $1.56B | $1.78B | $1.48B | $1.26B | $1.03B |
| Income Tax Expense | $863.0M | $361.0M | $434.0M | $467.0M | $567.7M | $451.4M | $400.6M | $321.7M |
| Net Income | $1.11B | $1.25B | $1.12B | $1.09B | $1.20B | $1.02B | $856.9M | $700.8M |
| Net Margin | 8.1% | 10.6% | 9.9% | 10.1% | 11.0% | 10.0% | 8.8% | 8.0% |
| EPS (Basic) | $3.01 | $3.40 | $3.01 | $2.87 | $3.12 | $2.63 | $2.20 | $1.78 |
| EPS (Diluted) | $2.95 | $3.35 | $2.96 | $2.82 | $3.06 | $2.58 | $2.16 | $1.74 |
| Shares Outstanding (Basic) | 368.0M | 367.1M | 370.0M | 379.3M | 386.2M | 387.6M | 388.7M | 394.0M |
| Shares Outstanding (Diluted) | 375.7M | 373.0M | 376.6M | 385.7M | 393.1M | 394.9M | 397.0M | 402.4M |
| Dividends Per Share | $1.48 | $1.32 | $1.14 | $0.92 | $0.78 | $1.08 | $0.53 | $0.38 |