Masco Corporation
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.01B | $7.36B | $7.14B | $7.01B | $6.76B | $7.50B | $7.17B | $7.49B |
| Cost of Revenue | $3.79B | $4.90B | $4.89B | $4.95B | $4.80B | $5.54B | $5.38B | $5.65B |
| Gross Profit | $2.22B | $2.46B | $2.25B | $2.06B | $1.96B | $1.96B | $1.79B | $1.83B |
| Gross Margin | 36.9% | 33.4% | 31.5% | 29.4% | 29.0% | 26.1% | 24.9% | 24.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.19B | $1.38B | $1.34B | $1.35B | $1.35B | $1.54B | $1.54B | $1.60B |
| Operating Income | $1.03B | $1.09B | $914.0M | $721.0M | $612.0M | $302.0M | $-215.0M | $-463.0M |
| Operating Margin | 17.1% | 14.8% | 12.8% | 10.3% | 9.1% | 4.0% | -3.0% | -6.2% |
| Interest Expense | $279.0M | $229.0M | $225.0M | $225.0M | $235.0M | $254.0M | $254.0M | $251.0M |
| Pretax Income | $718.0M | $832.0M | $689.0M | $507.0M | $386.0M | $73.0M | $-392.0M | $-741.0M |
| Income Tax Expense | $245.0M | $296.0M | $293.0M | $-361.0M | $86.0M | $91.0M | $-40.0M | $240.0M |
| Net Income | $533.0M | $493.0M | $355.0M | $856.0M | $288.0M | $-114.0M | $-575.0M | $-1.04B |
| Net Margin | 8.9% | 6.7% | 5.0% | 12.2% | 4.3% | -1.5% | -8.0% | -13.9% |
| EPS (Basic) | $1.68 | $1.49 | $1.03 | $2.40 | $0.80 | $-0.33 | $-1.66 | $-3.00 |
| EPS (Diluted) | $1.66 | $1.48 | $1.02 | $2.38 | $0.80 | $-0.33 | $-1.66 | $-3.00 |
| Shares Outstanding (Basic) | 314.0M | 326.0M | 338.0M | 349.0M | 350.0M | 349.0M | 348.0M | 349.0M |
| Shares Outstanding (Diluted) | 318.0M | 330.0M | 341.0M | 352.0M | 352.0M | 349.0M | 348.0M | 349.0M |
| Dividends Per Share | $0.41 | $0.39 | $0.37 | $0.35 | $0.30 | $0.30 | $0.30 | $0.30 |