Ingles Markets, Incorporated
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.33B | $5.64B | $5.89B | $5.68B | $4.99B | $4.61B | $4.20B | $4.09B |
| Cost of Revenue | $4.06B | $4.34B | $4.49B | $4.26B | $3.68B | $3.41B | $3.18B | $3.11B |
| Gross Profit | $1.27B | $1.30B | $1.40B | $1.42B | $1.30B | $1.20B | $1.02B | $980.2M |
| Gross Margin | 23.9% | 23.0% | 23.8% | 24.9% | 26.1% | 26.0% | 24.3% | 23.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $117.6M | $147.1M | $292.3M | $376.9M | $350.1M | $280.9M | $152.2M | $124.8M |
| Operating Margin | 2.2% | 2.6% | 5.0% | 6.6% | 7.0% | 6.1% | 3.6% | 3.0% |
| Interest Expense | $19.7M | $21.9M | $22.1M | $21.5M | $24.3M | $40.5M | $47.4M | $47.6M |
| Pretax Income | $109.9M | $139.5M | $278.5M | $361.3M | $327.6M | $235.0M | $106.6M | $80.3M |
| Income Tax Expense | $26.3M | $34.0M | $67.7M | $88.5M | $77.9M | $56.4M | $25.0M | $-17.0M |
| Net Income | $83.6M | $105.5M | $210.8M | $272.8M | $249.7M | $178.6M | $81.6M | $97.4M |
| Net Margin | 1.6% | 1.9% | 3.6% | 4.8% | 5.0% | 3.9% | 1.9% | 2.4% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | — | — | — | — | — | — | — | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |