Vector Group Ltd.
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. Vector Group Ltd.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 1% to $1,424,268,000. The net income raised on $183,526,000 and profit margin reached 13%. Total operating expenses were $122,273,000.
Profit Margin
| 2014 | 1.59B | 36.85M | 2.32% |
|---|---|---|---|
| 2015 | 1.65B | 59.19M | 3.57% |
| 2016 | 1.69B | 71.12M | 4.21% |
| 2017 | 1.80B | 84.57M | 4.68% |
| 2018 | 1.87B | 58.10M | 3.11% |
| 2019 | 1.11B | 100.97M | 9.02% |
| 2020 | 1.22B | 92.93M | 7.56% |
| 2021 | 1.22B | 219.46M | 17.98% |
| 2022 | 1.44B | 158.70M | 11.01% |
| 2023 | 1.42B | 183.52M | 12.89% |
VGR Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.42B | 1.44B | 1.22B | 1.22B | 1.11B | 1.87B | 1.80B | 1.69B | 1.65B | 1.59B |
Cost of revenue | 965.34M | 998.65M | 769.54M | 819.60M | 774.88M | 1.29B | 1.22B | 1.09B | 1.10B | 1.09B |
Gross profit | 458.92M | 442.35M | 451.15M | 409.08M | 344.71M | 577.77M | 579.43M | 593.60M | 547.47M | 494.25M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 5.22M | 4.74M | 4.46M | 4.10M | 3.75M | 27.09M | 23.12M | 26.23M | 30.75M | 30.03M |
Total operating expenses | 122.27M | 103.10M | 131.41M | 116.59M | 109.11M | 355.51M | 337.19M | 339.05M | 320.22M | 279.34M |
Operating income | 336.64M | 339.01M | 320.43M | 294.42M | 234.61M | 224.04M | 235.64M | 234.50M | 199.92M | 212.43M |
Other income (expenses), net | -88.19M | -16.64M | 1.02M | -113.38M | 15.86M | 49.72M | -157.32M | 8.84M | -92.21M | -130.15M |
Income before tax | 248.45M | 220.56M | 209.96M | 181.04M | 125.01M | 79.55M | 89.16M | 126.42M | 107.70M | 82.27M |
Income tax expense | 64.92M | 61.86M | 62.80M | 54.12M | 31.08M | 21.55M | -1.58M | 49.16M | 41.23M | 33.16M |
Net income | 183.52M | 158.70M | 219.46M | 92.93M | 100.97M | 58.10M | 84.57M | 71.12M | 59.19M | 36.85M |
Earnings per share | ||||||||||
Basic EPS | 1.17 | 1.01 | 1.4 | 0.6 | 0.64 | 0.4 | 0.54 | 0.48 | 0.4 | 0.27 |
Diluted EPS | 1.16 | 1.01 | 1.4 | 0.6 | 0.63 | 0.4 | 0.54 | 0.48 | 0.4 | 0.27 |
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