Associated British Foods plc (LON: ABF)

Associated British Foods Income Statement

Financials in millions GBP. Fiscal year is October - September.

Year	2023	2022	2021	2020	2019	2018 - 1986
Revenue	19,763	16,996	13,877	13,915	15,824	Upgrade
Revenue Growth (YoY)	16.28%	22.48%	-0.27%	-12.06%	1.61%	Upgrade
Cost of Revenue	15,455	13,324	10,744	10,818	12,187	Upgrade
Gross Profit	4,308	3,672	3,133	3,097	3,637	Upgrade
Selling, General & Admin	2,759	2,472	2,219	2,233	2,324	Upgrade
Research & Development	42	37	34	31	30	Upgrade
Other Operating Expenses	0	0	-1	-22	0	Upgrade
Operating Expenses	2,801	2,509	2,254	2,286	2,437	Upgrade
Operating Income	1,507	1,163	879	811	1,313	Upgrade
Interest Income	48	19	9	11	27	Upgrade
Interest Expense	128	111	110	123	41	Upgrade
Other Expense / Income	111	15	73	23	144	Upgrade
Pretax Income	1,216	967	646	629	1,173	Upgrade
Income Tax	272	356	227	221	277	Upgrade
Net Income	1,044	700	478	455	878	Upgrade
Net Income Growth	49.14%	46.44%	5.05%	-48.18%	-12.81%	Upgrade
Shares Outstanding (Basic)	778	789	790	790	790	Upgrade
Shares Outstanding (Diluted)	778	789	790	790	790	Upgrade
Shares Change	-1.39%	-0.13%	-	-	-	Upgrade
EPS (Basic)	1.34	0.89	0.61	0.58	1.11	Upgrade
EPS (Diluted)	1.34	0.89	0.61	0.58	1.11	Upgrade
EPS Growth	50.56%	45.90%	5.17%	-47.75%	-12.60%	Upgrade
Free Cash Flow	614	380	742	1,081	829	Upgrade
Free Cash Flow Per Share	0.79	0.48	0.94	1.37	1.05	Upgrade
Gross Margin	21.80%	21.61%	22.58%	22.26%	22.98%	Upgrade
Operating Margin	7.63%	6.84%	6.33%	5.83%	8.30%	Upgrade
Profit Margin	5.28%	4.12%	3.44%	3.27%	5.55%	Upgrade
Free Cash Flow Margin	3.11%	2.24%	5.35%	7.77%	5.24%	Upgrade
Effective Tax Rate	22.37%	36.81%	35.14%	35.14%	23.61%	Upgrade
EBITDA	2,393	2,033	1,776	1,727	1,925	Upgrade
EBITDA Margin	12.11%	11.96%	12.80%	12.41%	12.17%	Upgrade
Depreciation & Amortization	886	870	897	916	612	Upgrade
EBIT	1,507	1,163	879	811	1,313	Upgrade
EBIT Margin	7.63%	6.84%	6.33%	5.83%	8.30%	Upgrade

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.