Veritiv
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. Veritiv's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 100% to $5,300,000. The net income dropped to $328,100,000 and profit margin reached 6191%. Total operating expenses were $450,400,000.
Profit Margin
| 2014 | 7.40B | -19.6M | -0.26% |
|---|---|---|---|
| 2015 | 8.71B | 26.7M | 0.31% |
| 2016 | 8.32B | 21M | 0.25% |
| 2017 | 8.36B | -13.3M | -0.16% |
| 2018 | 8.69B | -15.7M | -0.18% |
| 2019 | 7.65B | -29.5M | -0.39% |
| 2020 | 6.34B | 34.2M | 0.54% |
| 2021 | 6.85B | 144.6M | 2.11% |
| 2022 | 7.14B | 337.9M | 4.73% |
| 2023 | 5.3M | 328.1M | 6190.57% |
VRTV Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 5.3M | 7.14B | 6.85B | 6.34B | 7.65B | 8.69B | 8.36B | 8.32B | 8.71B | 7.40B |
Cost of revenue | 0 | 5.52B | 5.41B | 5.04B | 6.20B | 7.15B | 6.84B | 6.82B | 7.16B | 6.18B |
Gross profit | 5.3M | 1.62B | 1.43B | 1.30B | 1.45B | 1.54B | 1.51B | 1.50B | 1.55B | 1.22B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 398.5M | 419.3M | 429.8M | 509.2M | 550.5M | 516.9M | 505.1M | 521.8M | 426.2M |
Total operating expenses | 450.4M | 1.20B | 1.20B | 1.20B | 1.38B | 1.47B | 1.44B | 1.38B | 1.43B | 1.15B |
Operating income | 455.7M | 441.2M | 210M | 118.2M | 55.6M | 15.8M | 21.2M | 75.9M | 78.6M | -6.4M |
Other income (expenses), net | -18.9M | -9.3M | -12.5M | -75.2M | -84.4M | -36.8M | -45.1M | -45.9M | -52.9M | -80.3M |
Income before tax | 436.8M | 431.9M | 197.5M | 43M | -28.8M | -10.2M | -1.9M | 40.8M | 44.9M | -21.6M |
Income tax expense | 108.7M | 94M | 52.9M | 8.8M | 700K | 5.5M | 11.4M | 19.8M | 18.2M | -2.1M |
Net income | 328.1M | 337.9M | 144.6M | 34.2M | -29.5M | -15.7M | -13.3M | 21M | 26.7M | -19.6M |
Earnings per share | ||||||||||
Basic EPS | 24.23 | 23.85 | 9.5 | 2.14 | -1.84 | -0.99 | -0.85 | 1.31 | 1.67 | -1.62 |
Diluted EPS | 24.23 | 23.29 | 9.01 | 2.08 | -1.84 | -0.99 | -0.85 | 1.3 | 1.67 | -1.62 |
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