Masco Corp.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.36B | $5.83B | $7.36B | $7.14B | $7.01B | $6.76B | $7.74B | $7.17B |
| Plumbing Products | $3.81B | $3.55B | — | — | — | — | $3.05B | — |
| Decorative Architectural Products | $2.55B | $2.28B | — | — | — | — | $1.68B | — |
| Cabinetry Products | $0 | $0 | — | — | — | — | $969.0M | — |
| Windows and Other Specialty Products | $0 | $0 | — | — | — | — | $878.0M | — |
| Installation and Other Services | $0 | $0 | — | — | — | — | $1.17B | — |
| Cost of Revenue | $4.33B | $3.79B | $4.90B | $4.89B | $4.95B | $4.80B | $5.54B | $5.38B |
| Gross Profit | $2.33B | $2.22B | $2.46B | $2.25B | $2.06B | $1.96B | $1.96B | $1.79B |
| Gross Margin | 36.6% | 38.1% | 33.4% | 31.5% | 29.4% | 29.0% | 25.3% | 24.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.25B | $1.19B | $1.38B | $1.34B | $1.35B | $1.35B | $1.54B | $1.54B |
| Operating Income | $1.08B | $1.03B | $1.09B | $914.0M | $721.0M | $612.0M | $302.0M | $-215.0M |
| Operating Margin | 16.9% | 17.7% | 14.8% | 12.8% | 10.3% | 9.1% | 3.9% | -3.0% |
| Interest Expense | $156.0M | $279.0M | $229.0M | $225.0M | $225.0M | $235.0M | $254.0M | $254.0M |
| Pretax Income | $907.0M | $718.0M | $832.0M | $689.0M | $507.0M | $386.0M | $73.0M | $-392.0M |
| Income Tax Expense | $221.0M | $245.0M | $296.0M | $293.0M | $-361.0M | $86.0M | $91.0M | $-40.0M |
| Net Income | $734.0M | $533.0M | $493.0M | $355.0M | $856.0M | $288.0M | $-114.0M | $-575.0M |
| Net Margin | 11.5% | 9.2% | 6.7% | 5.0% | 12.2% | 4.3% | -1.5% | -8.0% |
| EPS (Basic) | $2.38 | $1.68 | $1.49 | $1.03 | $2.40 | $0.80 | $-0.33 | $-1.66 |
| EPS (Diluted) | $2.37 | $1.66 | $1.48 | $1.02 | $2.38 | $0.80 | $-0.33 | $-1.66 |
| Shares Outstanding (Basic) | 305.0M | 314.0M | 326.0M | 338.0M | 349.0M | 350.0M | 349.0M | 348.0M |
| Shares Outstanding (Diluted) | 307.0M | 318.0M | 330.0M | 341.0M | 352.0M | 352.0M | 349.0M | 348.0M |
| Dividends Per Share | $0.45 | $0.41 | $0.39 | $0.37 | $0.35 | $0.30 | $0.30 | $0.30 |