Covestro AG
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Covestro AG's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 20% to $14,377,000,000. The net income raised on -$198,000,000 and profit margin reached -1%. Total operating expenses were $2,306,000,000.
Profit Margin
| 2014 | 11.76B | 272M | 2.31% |
|---|---|---|---|
| 2015 | 12.08B | 343M | 2.84% |
| 2016 | 11.90B | 795M | 6.68% |
| 2017 | 14.13B | 2.00B | 14.21% |
| 2018 | 14.61B | 1.82B | 12.47% |
| 2019 | 12.41B | 552M | 4.45% |
| 2020 | 10.70B | 459M | 4.29% |
| 2021 | 15.90B | 1.61B | 10.16% |
| 2022 | 17.96B | -281M | -1.56% |
| 2023 | 14.37B | -198M | -1.38% |
COVTY Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 14.37B | 17.96B | 15.90B | 10.70B | 12.41B | 14.61B | 14.13B | 11.90B | 12.08B | 11.76B |
Cost of revenue | 12.07B | 15.40B | 11.47B | 8.20B | 9.65B | 9.91B | 9.30B | 8.61B | 9.43B | 9.60B |
Gross profit | 2.30B | 2.56B | 4.42B | 2.49B | 2.75B | 4.69B | 4.83B | 3.29B | 2.64B | 2.15B |
Operating exp. | ||||||||||
Research and development | 374M | 361M | 341M | 262M | 266M | 276M | 274M | 259M | 257M | 212M |
Selling and marketing | 1.48B | 1.60B | 1.42B | 1.19B | 1.38B | 1.40B | 1.35B | 1.32B | 1.25B | 1.09B |
Total operating expenses | 2.30B | 2.28B | 2.20B | 1.79B | 1.89B | 2.16B | 2.05B | 1.95B | 2.00B | 1.67B |
Operating income | 156M | 306M | 2.23B | 710M | 852M | 2.58B | 2.80B | 1.33B | 680M | 517M |
Other income (expenses), net | -83M | -176M | -52M | -105M | -91M | -104M | -150M | -196M | -175M | -136M |
Income before tax | 73M | 130M | 2.18B | 605M | 761M | 2.47B | 2.65B | 1.13B | 505M | 381M |
Income tax expense | 275M | 411M | 566M | 151M | 204M | 647M | 641M | 329M | 153M | 104M |
Net income | -198M | -281M | 1.61B | 459M | 552M | 1.82B | 2.00B | 795M | 343M | 272M |
Earnings per share | ||||||||||
Basic EPS | -1.05 | -1.47 | 8.37 | 2.48 | 3.02 | 4.73 | 4.97 | 1.97 | 1.11 | 0.97 |
Diluted EPS | -1.05 | -1.47 | 8.37 | 2.48 | 3.02 | 4.73 | 4.97 | 1.97 | 1.11 | 0.97 |
| Data source |