Michaels Companies
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. Michaels Companies's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $5,072,037,000. Profit margin reached 5%. Total operating expenses were $1,358,535,999.
Profit Margin
| 2011 | 4.03B | 103M | 2.56% |
|---|---|---|---|
| 2012 | 4.21B | 157M | 3.73% |
| 2015 | 4.73B | 217M | 4.58% |
| 2016 | 4.91B | 362.91M | 7.39% |
| 2018 | 5.36B | 390.49M | 7.28% |
| 2019 | 5.27B | 319.54M | 6.06% |
| 2020 | 5.07B | 272.59M | 5.37% |
MIK Income Statement (2011 – 2020)
| 2020 | 2019 | 2018 | 2015 | 2014 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 5.07B | 5.27B | 5.36B | 4.91B | 4.73B | 4.21B | 4.03B |
Cost of revenue | 3.19B | 3.24B | 3.23B | 2.94B | 2.83B | 2.53B | 2.46B |
Gross profit | 1.87B | 2.02B | 2.12B | 1.96B | 1.90B | 1.67B | 1.56B |
Operating exp. | |||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 1.35B | 1.46B | 1.39B | 1.25B | 1.27B | 1.14B | 1.07B |
Operating income | 513.72M | 561.77M | 735.39M | 712.11M | 627M | 538M | 488M |
Other income (expenses), net | -155.35M | -144.72M | -129.64M | -139.99M | -276M | -281M | 339M |
Income before tax | 358.37M | 417.05M | 605.74M | 572.12M | 351M | 257M | 149M |
Income tax expense | 85.77M | 97.50M | 215.24M | 209.20M | 134M | 100M | 46M |
Net income | 272.59M | 319.54M | 390.49M | 362.91M | 217M | 157M | 103M |
Earnings per share | |||||||
Basic EPS | 1.78 | 1.86 | 2.1 | 1.73 | 1.07 | 0.77 | 0.50 |
Diluted EPS | 1.78 | 1.86 | 2.1 | 1.73 | 1.05 | 0.77 | 0.50 |
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