OLIN CORPORATION

OLN ·Basic Materials, Chemicals, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $6.95B $6.27B $5.55B $2.85B $2.24B $2.52B $2.18B $1.96B
Cost of Revenue $5.82B $5.55B $4.94B $2.49B $1.85B $2.03B $1.75B $1.57B
Gross Profit $1.12B $713.5M $606.1M $367.6M $388.0M $481.3M $436.7M $387.2M
Gross Margin 16.2% 11.4% 10.9% 12.9% 17.3% 19.1% 20.0% 19.7%
Operating Expenses
Research & Development
SG&A Expense $430.6M $369.8M $347.2M $186.3M $166.1M $190.0M $168.6M $160.6M
Operating Income $676.9M $296.6M $107.8M $100.9M $203.5M $286.5M $258.9M $223.9M
Operating Margin 9.7% 4.7% 1.9% 3.5% 9.1% 11.4% 11.9% 11.4%
Interest Expense $243.2M $217.4M $191.9M $97.0M $43.8M $38.6M $26.4M $30.4M
Pretax Income $437.3M $117.2M $-34.2M $6.7M $162.7M $250.0M $225.2M $379.4M
Income Tax Expense $109.4M $-432.3M $-30.3M $8.1M $57.7M $71.4M $75.6M $137.7M
Net Income $327.9M $549.5M $-3.9M $-1.4M $105.7M $178.6M $149.6M $241.7M
Net Margin 4.7% 8.8% -0.1% 0.0% 4.7% 7.1% 6.8% 12.3%
EPS (Basic) $1.97 $3.31 $-0.02 $-0.01 $1.34 $2.24 $1.87 $3.02
EPS (Diluted) $1.95 $3.26 $-0.02 $-0.01 $1.33 $2.21 $1.85 $2.99
Shares Outstanding (Basic) 166.8M 166.2M 165.2M 103.4M 78.6M 79.9M 80.1M 80.0M
Shares Outstanding (Diluted) 168.4M 168.5M 165.2M 103.4M 79.7M 80.9M 81.0M 80.8M
Dividends Per Share $0.80 $0.80 $0.80 $0.80 $0.80 $0.80 $0.80 $0.80
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