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Arcosa, Inc. (ACA)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Mar-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16
   10-K10-K8-K10-K10-K10-K10-K10-K
Revenues:  
    Construction Products  923.5796.8 593.6439.7292.3  
    Engineered Structures  188.9934.1 695.2211.2197.2  
    Transportation Products  127.4215.7 88.2293.9391.4  
    Energy Equipment Group        844.1186.3
    Other  1,003.089.8 558.6792.1579.5618.31,517.7
Total revenues  2,242.82,036.40.01,935.61,736.91,460.41,462.41,704.0
            Revenue growth   [+]10.1%5.2% 11.4%18.9%-0.1%-14.2% 
Cost of goods sold  1,820.01,670.20.01,553.61,404.51,188.41,167.71,355.9
Gross profit  422.8366.20.0382.0332.4272.0294.7348.1
            Gross margin  18.9%18.0% 19.7%19.1%18.6%20.2%20.4%
Selling, general and administrative  262.8256.0 223.1179.5153.9163.0147.3
Other operating expenses    -1.9     
EBITDA   [+]314.1254.5 273.4238.7185.7197.4266.4
            EBITDA margin  14.0%12.5% 14.1%13.7%12.7%13.5%15.6%
Depreciation  134.4126.2 101.982.462.960.760.3
EBITA  179.7128.31.9171.5156.3122.8136.7206.1
            EBITA margin  8.0%6.3% 8.9%9.0%8.4%9.3%12.1%
Amortization of intangibles  19.718.1 12.63.44.75.05.3
EBIT   [+]160.0110.21.9158.9152.9118.1131.7200.8
            EBIT margin  7.1%5.4% 8.2%8.8%8.1%9.0%11.8%
Non-recurring items   [+]-189.02.9 7.1 23.2  
Interest expense, net   [+]29.923.48.910.25.40.5-0.1-0.1
Other income (expense), net   [+]-2.9-0.3 -3.4-0.70.6-1.7-3.7
Pre-tax income  316.283.6-7.0138.2146.895.0130.1197.2
Income taxes  70.414.00.031.633.519.340.474.2
            Tax rate  22.3%16.7%0.0%22.9%22.8%20.3%31.1%37.6%
Net income  245.869.6-7.0106.6113.375.789.7123.0
            Net margin  11.0%3.4% 5.5%6.5%5.2%6.1%7.2%
   
Basic EPS   [+]$5.10$1.45 $2.22$2.37$1.55$1.84$2.52
Diluted EPS   [+]$5.07$1.43 $2.20$2.34$1.55$1.84$2.52
   
Dividends per share   [+]$0.20$0.20 $0.20$0.20$0.05  
   
Shares outstanding (basic)   [+]48.248.1 48.047.948.848.848.8
Shares outstanding (diluted)   [+]48.548.6 48.548.448.948.848.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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