Spectrum Brands Holdings, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.81B | $2.96B | $2.92B | $3.13B | $3.00B | $2.62B | $3.80B | $3.81B |
| Cost of Revenue | $1.78B | $1.85B | $1.99B | $2.14B | — | — | — | $217.8M |
| Gross Profit | $1.03B | $1.11B | $924.3M | $990.4M | $1.03B | $878.1M | $819.6M | $1.33B |
| Gross Margin | 36.7% | 37.4% | 31.7% | 31.6% | 34.5% | 33.5% | 21.6% | 35.0% |
| Operating Expenses | ||||||||
| Research & Development | $23.2M | $28.1M | $22.5M | $26.7M | $29.8M | $29.2M | $32.1M | $44.6M |
| SG&A Expense | $882.6M | $953.4M | $888.8M | $995.7M | $46.9M | $52.4M | $22.0M | $36.3M |
| Operating Income | $124.9M | $170.6M | $-205.6M | $23.2M | $97.1M | $8.6M | $-152.4M | $224.2M |
| Operating Margin | 4.4% | 5.8% | -7.0% | 0.7% | 3.2% | 0.3% | -4.0% | 5.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $87.2M | $163.6M | $-290.2M | $-90.3M | $-11.1M | $-25.1M | $-354.2M | $-35.7M |
| Income Tax Expense | $-13.0M | $64.3M | $-56.5M | $-13.3M | $-26.4M | $27.3M | $-52.0M | $-462.7M |
| Net Income | $99.9M | $124.8M | $1.80B | $71.6M | $189.6M | $97.8M | $494.5M | $768.3M |
| Net Margin | 3.6% | 4.2% | 61.7% | 2.3% | 6.3% | 3.7% | 13.0% | 20.2% |
| EPS (Basic) | $3.88 | $4.12 | $45.65 | $1.75 | $4.44 | $2.19 | $9.76 | $20.79 |
| EPS (Diluted) | $3.86 | $4.10 | $45.65 | $1.75 | $4.39 | $2.19 | $9.76 | $20.74 |
| Shares Outstanding (Basic) | 25.7M | 30.3M | 39.5M | 40.9M | 42.7M | 44.7M | 50.7M | 36.9M |
| Shares Outstanding (Diluted) | 25.9M | 30.5M | 39.5M | 40.9M | 43.2M | 44.7M | 50.7M | 37.0M |
| Dividends Per Share | $1.88 | $1.68 | $1.68 | $1.68 | $1.68 | $1.68 | $1.68 | $0.42 |