HUB GROUP, INC.
Income Statement
| Line Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.95B | $1.07B | $992.1M | $914.1M | $844.6M | $818.5M | $798.0M | $773.4M |
| Service | — | $959.0M | $868.5M | $787.2M | $706.7M | $655.8M | $614.9M | $566.2M |
| Product | — | $111.4M | $123.6M | $126.9M | $137.9M | $162.7M | $183.1M | $207.2M |
| Cost of Revenue | — | — | $4.45B | $3.63B | $3.07B | $3.15B | $3.24B | $2.79B |
| Gross Profit | — | — | $889.5M | $599.6M | $425.4M | $521.1M | $445.6M | $337.6M |
| Gross Margin | — | — | 89.7% | 65.6% | 50.4% | 63.7% | 55.8% | 43.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $113.7M | $105.7M | $120.6M | $90.0M | $99.6M | $104.2M | $81.3M | $77.2M |
| Operating Income | $140.3M | $212.2M | $474.7M | $238.5M | $105.8M | $152.4M | $124.9M | $72.7M |
| Operating Margin | 3.6% | 19.8% | 47.9% | 26.1% | 12.5% | 18.6% | 15.7% | 9.4% |
| Interest Expense | — | $13.4M | $7.5M | $7.3M | $9.3M | $11.0M | $9.6M | $6.8M |
| Pretax Income | $132.5M | $209.2M | $468.0M | $230.9M | $96.1M | $143.9M | $116.7M | $66.9M |
| Income Tax Expense | $28.5M | $41.7M | $111.0M | $59.4M | $22.5M | $36.7M | $29.1M | $-53.1M |
| Net Income | $104.0M | $167.5M | $356.9M | $171.5M | $73.6M | $107.2M | $201.7M | $135.2M |
| Net Margin | 2.6% | 15.7% | 36.0% | 18.8% | 8.7% | 13.1% | 25.3% | 17.5% |
| EPS (Basic) | $1.72 | $2.65 | $5.37 | $2.56 | $2.22 | $3.22 | $6.04 | $4.07 |
| EPS (Diluted) | $1.70 | $2.62 | $5.32 | $2.53 | $2.19 | $3.20 | $6.01 | $4.05 |
| Shares Outstanding (Basic) | 60.6K | 63.3K | 66.4K | 66.9K | 33.2M | 33.3M | 33.4M | 33.2M |
| Shares Outstanding (Diluted) | 61.1K | 64.0K | 67.1K | 67.8K | 33.5M | 33.5M | 33.6M | 33.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |