Lennox International Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.88B | $3.84B | $3.64B | $3.47B | $3.37B | $3.23B | $3.04B | $2.84B |
| Residential Heating & Cooling | $2.35B | $2.19B | $1.99B | $1.83B | $1.71B | $1.58B | $1.43B | — |
| Commercial Heating & Cooling | $988.6M | $985.4M | $967.6M | $933.1M | $896.6M | $845.8M | $801.3M | — |
| Refrigeration | $540.9M | $666.0M | $681.1M | $706.7M | $765.4M | $804.6M | $814.6M | — |
| Cost of Revenue | $2.77B | $2.71B | $2.57B | $2.52B | $2.46B | $2.34B | $2.23B | $2.17B |
| Gross Profit | $1.11B | $1.13B | $1.08B | $947.4M | $903.3M | $861.2M | $722.3M | $669.9M |
| Gross Margin | 28.6% | 29.3% | 29.6% | 27.3% | 26.8% | 26.6% | 23.7% | 23.6% |
| Operating Expenses | ||||||||
| Research & Development | $72.2M | $73.6M | $64.6M | $62.3M | $60.7M | $53.7M | $50.7M | $50.3M |
| SG&A Expense | $608.2M | $637.7M | $621.0M | $580.5M | $573.7M | $570.1M | $507.0M | $476.9M |
| Operating Income | $509.9M | $494.5M | $429.4M | $305.4M | $334.7M | $289.0M | $219.1M | $184.4M |
| Operating Margin | 13.1% | 12.9% | 11.8% | 8.8% | 9.9% | 8.9% | 7.2% | 6.5% |
| Interest Expense | $38.3M | $30.6M | $27.0M | $23.6M | $17.2M | $14.5M | $17.1M | $16.8M |
| Pretax Income | $467.9M | $464.0M | $402.7M | $282.6M | $317.6M | $274.3M | $201.7M | $167.3M |
| Income Tax Expense | $107.6M | $156.9M | $124.1M | $95.4M | $109.5M | $94.4M | $66.7M | $55.8M |
| Net Income | $359.0M | $305.7M | $277.8M | $186.6M | $205.8M | $171.8M | $90.0M | $88.3M |
| Net Margin | 9.2% | 8.0% | 7.6% | 5.4% | 6.1% | 5.3% | 3.0% | 3.1% |
| EPS (Basic) | $8.84 | $7.25 | $6.39 | $4.16 | $4.30 | $3.45 | $1.77 | $1.68 |
| EPS (Diluted) | $8.74 | $7.14 | $6.32 | $4.09 | $4.23 | $3.39 | $1.75 | $1.65 |
| Shares Outstanding (Basic) | 40.6M | 42.2M | 43.4M | 44.9M | 47.9M | 49.8M | 50.7M | 52.5M |
| Shares Outstanding (Diluted) | 41.1M | 42.8M | 44.0M | 45.6M | 48.6M | 50.6M | 51.4M | 53.4M |
| Dividends Per Share | $2.43 | $1.96 | $1.65 | $1.38 | $1.14 | $0.92 | $0.76 | $0.72 |