The Charles Schwab
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. The Charles Schwab's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 9% to $18,837,000,000. Profit margin reached 27%. Total operating expenses were $8,912,000,000.
Profit Margin
| 2014 | 6.05B | 1.32B | 21.82% |
|---|---|---|---|
| 2015 | 6.36B | 1.44B | 22.72% |
| 2016 | 7.47B | 1.88B | 25.28% |
| 2017 | 8.61B | 2.35B | 27.31% |
| 2018 | 10.13B | 3.50B | 34.61% |
| 2019 | 10.72B | 3.70B | 34.55% |
| 2020 | 11.69B | 3.29B | 28.22% |
| 2021 | 18.52B | 5.85B | 31.61% |
| 2022 | 20.76B | 7.18B | 34.6% |
| 2023 | 18.83B | 5.06B | 26.9% |
SCHW-PD Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 18.83B | 20.76B | 18.52B | 11.69B | 10.72B | 10.13B | 8.61B | 7.47B | 6.36B | 6.05B |
Cost of revenue | 8.62B | 3.17B | 2.24B | 1.57B | 2.08B | 1.57B | 1.03B | 798M | 0 | 0 |
Gross profit | 10.21B | 17.58B | 16.27B | 10.11B | 8.63B | 8.55B | 7.58B | 6.67B | 6.36B | 6.05B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 397M | 419M | 485M | 326M | 307M | 313M | 268M | 265M | 249M | 245M |
Total operating expenses | 8.91B | -9.82B | -10.80B | -7.39B | -5.87B | 5.06B | 4.52B | 4.10B | 3.75B | 3.63B |
Operating income | 9.92B | 10.93B | 7.71B | 4.3B | 4.84B | 5.41B | 3.99B | 3.16B | 2.41B | 2.21B |
Other income (expenses), net | -3.54B | -1.54B | -393M | -1.79B | -27M | -857M | -768M | -171M | 5.45B | 5.34B |
Income before tax | 6.37B | 9.38B | 7.71B | 4.3B | 4.84B | 4.56B | 3.65B | 2.99B | 2.27B | 2.11B |
Income tax expense | 1.31B | 2.20B | 1.85B | 1.00B | 1.14B | 1.05B | 1.29B | 1.10B | 832M | 794M |
Net income | 5.06B | 7.18B | 5.85B | 3.29B | 3.70B | 3.50B | 2.35B | 1.88B | 1.44B | 1.32B |
Earnings per share | ||||||||||
Basic EPS | 2.55 | 3.52 | 2.84 | 2.13 | 2.69 | 2.6 | 1.76 | 1.43 | 1.1 | 1.01 |
Diluted EPS | 2.54 | 3.5 | 2.83 | 2.12 | 2.67 | 2.58 | 1.74 | 1.42 | 1.09 | 1 |
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