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POOL CORP (POOL)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-05-18Dec-31-17Dec-31-16
   10-K10-K10-K10-K10-K8-K10-K10-K
Revenues  6,179.75,295.63,936.63,199.52,998.12,998.12,788.22,570.8
            Revenue growth  16.7%34.5%23.0%6.7%7.5% 8.5%8.8%
                Unit growth  2.4%3.0%6.7%2.5%3.7% 2.0%2.4%
Cost of goods sold  4,246.33,678.52,805.72,274.62,127.92,127.91,982.91,829.7
Gross profit  1,933.41,617.11,130.9924.9870.2870.2805.3741.1
            Gross margin  31.3%30.5%28.7%28.9%29.0%29.0%28.9%28.8%
Selling, general and administrative  907.0786.8659.9583.7556.3556.3520.9485.2
Equity in earnings  0.40.30.30.30.20.20.10.2
EBITDA   [+]1,065.8860.6500.7370.8342.0 310.2278.0
            EBITDA margin  17.2%16.3%12.7%11.6%11.4%10.5%11.1%10.8%
Depreciation  31.228.728.428.326.8 24.721.0
EBITA  1,034.5831.9472.3342.5315.2314.1285.5257.0
            EBITA margin  16.7%15.7%12.0%10.7%10.5%10.5%10.2%10.0%
Amortization of intangibles  7.81.31.01.01.1 1.01.0
EBIT   [+]1,026.7830.6471.3341.5314.1314.1284.5256.0
            EBIT margin  16.6%15.7%12.0%10.7%10.5%10.5%10.2%10.0%
Non-recurring items   [+]0.6-2.56.9     
Interest expense         8.1
Other income (expense), net  -41.3-8.9-12.6-24.0-21.1-21.1-15.3-6.6
Pre-tax income  984.9824.1451.7317.5293.0293.0269.2241.4
Income taxes  236.8173.885.256.258.858.878.092.9
            Tax rate  24.0%21.1%18.9%17.7%20.1%20.1%29.0%38.5%
Net income  748.5650.6366.7261.6234.5234.5191.3148.6
            Net margin  12.1%12.3%9.3%8.2%7.8%7.8%6.9%5.8%
   
Basic EPS   [+]$18.99$16.32$9.14$6.57$5.82$5.82$4.69$3.55
Diluted EPS   [+]$18.80$16.07$8.97$6.40$5.62$5.62$4.51$3.46
   
Dividends per share   [+]$3.80$2.98$2.29$2.10$1.72$1,720.00$1.42$1.19
   
Shares outstanding (basic)   [+]39.439.940.139.840.340.340.841.9
Shares outstanding (diluted)   [+]39.840.540.940.941.741.742.443.0
   
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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