Equitrans Midstream
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. Equitrans Midstream's past years’ income statements indicate that its last revenue has increased compared to the previous period by 3% to $1,393,929,000. The net income raised on $445,229,000 and profit margin reached 32%. Total operating expenses were $365,346,000.
Profit Margin
| 2015 | 632.93M | 174.29M | 27.54% |
|---|---|---|---|
| 2016 | 732.27M | 65.15M | 8.9% |
| 2017 | 895.55M | -27.15M | -3.03% |
| 2018 | 1.49B | 218.39M | 14.61% |
| 2019 | 1.63B | -64.95M | -3.98% |
| 2020 | 1.51B | 638.04M | 42.23% |
| 2021 | 1.31B | -1.36B | -103.71% |
| 2022 | 1.35B | -257.13M | -18.94% |
| 2023 | 1.39B | 445.22M | 31.94% |
ETRN Income Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 1.39B | 1.35B | 1.31B | 1.51B | 1.63B | 1.49B | 895.55M | 732.27M | 632.93M |
Cost of revenue | 344.20M | 337.01M | 335.22M | 322.80M | 280.62M | 217.36M | 102.21M | 62.69M | 49.89M |
Gross profit | 1.04B | 1.02B | 981.81M | 1.18B | 1.34B | 1.27B | 793.34M | 669.58M | 583.04M |
Operating exp. | |||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 112.91M | 124.06M | 80.33M | 75.51M | 63.66M |
Total operating expenses | 365.34M | 283.13M | 292.07M | 284.07M | 278.28M | 287.26M | 165.17M | 144.76M | 133.14M |
Operating income | 684.37M | 414.61M | 355.99M | 824.56M | 956.65M | 643.08M | 543.05M | 465.06M | 449.9M |
Other income (expenses), net | -248.44M | -665.31M | -2.06B | -160.56M | -970.91M | -280.59M | -8.19M | -22.73M | -13.57M |
Income before tax | 435.93M | -250.69M | -1.71B | 743.37M | -14.25M | 594.41M | 534.85M | 485.31M | 436.32M |
Income tax expense | -18.82M | 6.44M | -345.09M | 105.33M | 50.70M | 83.14M | 212.40M | 98.24M | 25.31M |
Net income | 445.22M | -257.13M | -1.36B | 638.04M | -64.95M | 218.39M | -27.15M | 65.15M | 174.29M |
Earnings per share | |||||||||
Basic EPS | 1.03 | -0.59 | -3.15 | 1.86 | -0.25 | 0.86 | -0.11 | 0.26 | 0.68 |
Diluted EPS | 1.02 | -0.59 | -3.15 | 1.85 | -0.25 | 0.86 | -0.11 | 0.26 | 0.68 |
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