Newell Brands Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.20B | $7.58B | $8.13B | $9.46B | $10.59B | $9.39B | $9.72B | $10.15B |
| Cost of Revenue | $4.77B | $5.03B | $5.78B | $6.63B | $7.23B | $6.30B | $6.50B | $6.64B |
| Gross Profit | $2.43B | $2.55B | $2.35B | $2.83B | $3.36B | $3.08B | $3.22B | $3.52B |
| Gross Margin | 33.8% | 33.6% | 28.9% | 30.0% | 31.8% | 32.9% | 33.1% | 34.6% |
| Operating Expenses | ||||||||
| Research & Development | $114.0M | $123.0M | $117.0M | $140.0M | $153.0M | $144.0M | $149.0M | $151.0M |
| SG&A Expense | $1.99B | $2.08B | $2.00B | $2.03B | $2.27B | $2.19B | $2.45B | $2.65B |
| Operating Income | $39.0M | $67.0M | $-85.0M | $312.0M | $1.01B | $-629.0M | $-482.0M | $-7.55B |
| Operating Margin | 0.5% | 0.9% | -1.0% | 3.3% | 9.6% | -6.7% | -5.0% | -74.4% |
| Interest Expense | — | — | $283.0M | $235.0M | $256.0M | $274.0M | $303.0M | $446.0M |
| Pretax Income | $-301.0M | $-260.0M | $-543.0M | $157.0M | $760.0M | $-1.00B | $-852.0M | $-7.99B |
| Income Tax Expense | $-16.0M | $-44.0M | $-155.0M | $-40.0M | $138.0M | $-235.0M | $-1.04B | $-1.36B |
| Net Income | $-285.0M | $-216.0M | $-388.0M | $197.0M | $622.0M | $-766.0M | $107.0M | $-6.94B |
| Net Margin | -4.0% | -2.8% | -4.8% | 2.1% | 5.9% | -8.2% | 1.1% | -68.4% |
| EPS (Basic) | $-0.68 | $-0.52 | $-0.94 | $0.47 | $1.46 | $-1.81 | $0.25 | $-14.65 |
| EPS (Diluted) | $-0.68 | $-0.52 | $-0.94 | $0.47 | $1.45 | $-1.81 | $0.25 | $-14.65 |
| Shares Outstanding (Basic) | 418.2M | 415.5M | 414.1M | 415.7M | 425.3M | 424.1M | 423.3M | 473.7M |
| Shares Outstanding (Diluted) | 418.2M | 415.5M | 414.1M | 417.4M | 428.0M | 424.1M | 423.9M | 473.7M |
| Dividends Per Share | $0.28 | $0.28 | $0.44 | $0.92 | $0.92 | $0.92 | $0.92 | $0.92 |