UFP Industries
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. UFP Industries's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 25% to $7,218,384,000. Profit margin reached 7%. Total operating expenses were $766,633,000.
Profit Margin
| 2014 | 2.66B | 57.55M | 2.16% |
|---|---|---|---|
| 2015 | 2.88B | 80.59M | 2.79% |
| 2016 | 3.24B | 101.17M | 3.12% |
| 2017 | 3.94B | 119.51M | 3.03% |
| 2018 | 4.48B | 148.59M | 3.31% |
| 2019 | 4.41B | 179.65M | 4.07% |
| 2020 | 5.15B | 246.77M | 4.79% |
| 2021 | 8.63B | 535.64M | 6.2% |
| 2022 | 9.62B | 692.65M | 7.2% |
| 2023 | 7.21B | 514.31M | 7.13% |
UFPI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 7.21B | 9.62B | 8.63B | 5.15B | 4.41B | 4.48B | 3.94B | 3.24B | 2.88B | 2.66B |
Cost of revenue | 5.79B | 7.83B | 7.22B | 4.35B | 3.73B | 3.89B | 3.39B | 2.76B | 2.48B | 2.33B |
Gross profit | 1.41B | 1.78B | 1.40B | 800.29M | 685.51M | 592.89M | 542.82M | 474.59M | 399.90M | 325.34M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 766.63M | 839.27M | 669.41M | 444.59M | 438.32M | 392.67M | 362.22M | 310.15M | 264.26M | 231.37M |
Operating income | 652.30M | 950.18M | 737.55M | 345.82M | 244.90M | 207.26M | 181.46M | 164.43M | 135.46M | 97.36M |
Other income (expenses), net | 18.93M | -15.36M | -11.21M | -4.84M | -4.23M | -9.41M | -5.46M | -3.76M | -4.46M | -1.65M |
Income before tax | 671.24M | 934.81M | 726.33M | 340.98M | 240.67M | 197.85M | 176.00M | 160.67M | 131.00M | 95.71M |
Income tax expense | 156.78M | 229.85M | 173.97M | 87.10M | 58.27M | 45.44M | 51.96M | 55.17M | 45.87M | 34.14M |
Net income | 514.31M | 692.65M | 535.64M | 246.77M | 179.65M | 148.59M | 119.51M | 101.17M | 80.59M | 57.55M |
Earnings per share | ||||||||||
Basic EPS | 8.2 | 11.05 | 8.61 | 4 | 2.91 | 2.46 | 1.95 | 1.66 | 1.33 | 0.96 |
Diluted EPS | 8.07 | 10.97 | 8.59 | 4 | 2.91 | 2.46 | 1.94 | 1.65 | 1.33 | 0.95 |
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