Marks and Spencer Group plc (LON:MKS)

Marks and Spencer Group Income Statement

Financials in millions GBP. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 30, 2024	Apr 1, 2023	Apr 2, 2022	Apr 3, 2021	Mar 28, 2020
Revenue	13,387	13,040	11,931	10,885	9,156	10,182
Revenue Growth (YoY)	6.87%	9.29%	9.61%	18.89%	-10.08%	-1.88%
Cost of Revenue	8,582	8,582	7,898	7,270	6,426	6,671
Gross Profit	4,805	4,458	4,033	3,616	2,730	3,511
Selling, General & Admin	2,987	2,979	2,798	2,371	1,775	2,166
Other Operating Expenses	236.7	-23.6	-16.9	-45.5	-12.4	-85.5
Operating Expenses	3,831	3,563	3,353	2,912	2,555	2,853
Operating Income	974.4	895.8	680.5	703.9	174.9	658.2
Interest Expense	-162.7	-163.2	-186.6	-205.4	-221.1	-219.8
Interest & Investment Income	60.2	58	28.5	9.2	8.4	14.5
Earnings From Equity Investments	-55.6	-79.9	-43.5	-18.6	64.2	-14.2
Other Non Operating Income (Expenses)	-10.1	-12.9	-10.9	1.3	-1.5	1
EBT Excluding Unusual Items	806.2	697.8	468	490.4	24.9	439.7
Merger & Restructuring Charges	50.1	-	-	-	-	-
Asset Writedown	-	-	-2.9	-	-	-
Legal Settlements	-20.9	-	-	-	-	-
Other Unusual Items	-96.6	-25.3	10.6	-98.7	-234.3	-372.5
Pretax Income	738.8	672.5	475.7	391.7	-209.4	67.2
Income Tax Expense	241.9	247.3	111.2	82.7	-8.2	39.8
Earnings From Continuing Operations	496.9	425.2	364.5	309	-201.2	27.4
Minority Interest in Earnings	8.4	6	-1.1	-2.4	3.2	-3.7
Net Income	505.3	431.2	363.4	306.6	-198	23.7
Net Income to Common	505.3	431.2	363.4	306.6	-198	23.7
Net Income Growth	24.67%	18.66%	18.53%	-	-	-43.16%
Shares Outstanding (Basic)	2,001	1,973	1,964	1,958	1,954	1,895
Shares Outstanding (Diluted)	2,087	2,076	2,034	2,031	1,969	1,906
Shares Change (YoY)	0.79%	2.07%	0.14%	3.18%	3.30%	17.06%
EPS (Basic)	0.25	0.22	0.19	0.16	-0.10	0.01
EPS (Diluted)	0.24	0.21	0.18	0.15	-0.10	0.01
EPS Growth	23.68%	16.20%	18.54%	-	-	-53.15%
Free Cash Flow	852.1	942.2	704.1	1,185	712	702.8
Free Cash Flow Per Share	0.41	0.45	0.35	0.58	0.36	0.37
Dividend Per Share	0.030	0.030	-	-	-	0.039
Dividend Growth	200.00%	-	-	-	-	-71.94%
Gross Margin	35.90%	34.19%	33.80%	33.22%	29.81%	34.49%
Operating Margin	7.28%	6.87%	5.70%	6.47%	1.91%	6.46%
Profit Margin	3.77%	3.31%	3.05%	2.82%	-2.16%	0.23%
Free Cash Flow Margin	6.37%	7.22%	5.90%	10.89%	7.78%	6.90%
EBITDA	1,248	1,172	991.6	995	487.2	990.2
EBITDA Margin	9.32%	8.98%	8.31%	9.14%	5.32%	9.72%
D&A For EBITDA	273.8	275.7	311.1	291.1	312.3	332
EBIT	974.4	895.8	680.5	703.9	174.9	658.2
EBIT Margin	7.28%	6.87%	5.70%	6.47%	1.91%	6.46%
Effective Tax Rate	32.74%	36.77%	23.38%	21.11%	-	59.23%

Updated Nov 6, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.