Valvoline Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 |
|---|---|---|---|
| Revenue | $2.08B | $1.93B | $1.97B |
| Cost of Revenue | $1.31B | $1.18B | $1.28B |
| Gross Profit | $776.0M | $748.0M | $685.0M |
| Gross Margin | 37.2% | 38.8% | 34.8% |
| Operating Expenses | |||
| Research & Development | $13.0M | $13.0M | $11.0M |
| SG&A Expense | $396.0M | $365.0M | $348.0M |
| Operating Income | $394.0M | $396.0M | $323.0M |
| Operating Margin | 18.9% | 20.5% | 16.4% |
| Interest Expense | — | — | — |
| Pretax Income | $490.0M | $421.0M | $297.0M |
| Income Tax Expense | $186.0M | $148.0M | $101.0M |
| Net Income | $304.0M | $273.0M | $196.0M |
| Net Margin | 14.6% | 14.2% | 10.0% |
| EPS (Basic) | $1.49 | $1.60 | $1.15 |
| EPS (Diluted) | $1.49 | $1.60 | $1.15 |
| Shares Outstanding (Basic) | 204.0M | 170.0M | 170.0M |
| Shares Outstanding (Diluted) | 204.0M | 170.0M | 170.0M |
| Dividends Per Share | $0.20 | $0.00 | $0.00 |