Valvoline
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. Valvoline's past years’ income statements indicate that its last revenue has increased compared to the previous period by 12% to $1,619,000,000. Profit margin reached 13%. Total operating expenses were $251,600,000.

Profit Margin

Valvoline Inc. (NYSE:VVV): Profit margin
2015 1.96B 196.1M 9.97%
2016 1.92B 273M 14.15%
2017 2.08B 304M 14.59%
2018 2.28B 166M 7.26%
2019 2.39B 208M 8.7%
2020 727M 316.6M 43.55%
2021 1.03B 420.3M 40.52%
2022 1.23B 424.3M 34.33%
2023 1.44B 1.41B 98.35%
2024 1.61B 211.5M 13.06%

VVV Income Statement (2015 – 2024)

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
1.61B1.44B1.23B1.03B727M2.39B2.28B2.08B1.92B1.96B
Cost of revenue
1.00B899M759.7M604.9M426M1.58B1.47B1.30B1.16B1.28B
Gross profit
618.8M544.5M476.4M432.3M301M810M806M778M761M685.1M
Operating exp.
Research and development
00015M13M13M013M011M
Selling and marketing
060.5M54.8M48.1M35.2M73M061M056M
Total operating expenses
251.6M297.3M235.6M215.8M170.8M449M430M375M342M359.8M
Operating income
367.2M247.2M220.3M240.1M160.2M398M395M532M431M323.1M
Other income (expenses), net
-83.6M-10.7M-27.4M151.8M-37.2M-23M19M-42M11M-26M
Income before tax
283.6M236.5M144.1M260M123M265M332M490M421M296.8M
Income tax expense
69.1M37.1M34.7M59.9M53.4M57M166M186M148M100.7M
Net income
211.5M1.41B424.3M420.3M316.6M208M166M304M273M196.1M
Earnings per share
Basic EPS
1.638.792.372.31.71.10.841.491.60.98
Diluted EPS
1.618.732.352.291.691.10.841.491.60.98
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