The Marzetti Company
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.22B | $1.20B | $1.19B | $1.10B | $1.04B | $1.01B | $988.9M | $1.09B |
| Cost of Revenue | $919.4M | $883.1M | $891.5M | $846.8M | $792.5M | $769.1M | $765.5M | $847.5M |
| Gross Profit | $303.5M | $318.8M | $299.6M | $257.7M | $248.6M | $244.7M | $223.4M | $242.4M |
| Gross Margin | 24.8% | 26.5% | 25.2% | 23.3% | 23.9% | 24.1% | 22.6% | 22.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $129.9M | $125.6M | $115.1M | $102.8M | $94.8M | $90.8M | $82.2M | $95.4M |
| Operating Income | $171.5M | $174.4M | $184.6M | $154.9M | $153.8M | $153.9M | $141.2M | $147.0M |
| Operating Margin | 14.0% | 14.5% | 15.5% | 14.0% | 14.8% | 15.2% | 14.3% | 13.5% |
| Interest Expense | — | — | — | — | — | — | — | $0 |
| Pretax Income | $174.2M | $175.5M | $184.6M | $154.6M | $153.3M | $153.8M | $141.2M | $161.5M |
| Income Tax Expense | $38.9M | $60.2M | $62.9M | $52.9M | $52.3M | $50.0M | $48.9M | $55.1M |
| Net Income | $135.3M | $115.3M | $121.8M | $101.7M | $75.0M | $109.2M | $95.8M | $106.4M |
| Net Margin | 11.1% | 9.6% | 10.2% | 9.2% | 7.2% | 10.8% | 9.7% | 9.8% |
| EPS (Basic) | $4.93 | $4.21 | $4.45 | $3.72 | $2.75 | $4.00 | $3.51 | $3.84 |
| EPS (Diluted) | $4.92 | $4.20 | $4.44 | $3.72 | $2.74 | $3.99 | $3.51 | $3.84 |
| Shares Outstanding (Basic) | 27.4M | 27.4M | 27.3M | 27.3M | 27.3M | 27.3M | 27.2M | 27.7M |
| Shares Outstanding (Diluted) | 27.5M | 27.4M | 27.4M | 27.3M | 27.3M | 27.3M | 27.3M | 27.7M |
| Dividends Per Share | $2.35 | $2.15 | $6.96 | $1.82 | $1.72 | $6.52 | $1.41 | $1.29 |