Albertsons Companies, Inc. (ACI)

Albertsons Companies Income Statement

Financials in millions USD. Fiscal year is March - February.

Year Ending	TTM	Feb 24, 2024	Feb 25, 2023	Feb 26, 2022	Feb 27, 2021	Feb 29, 2020
Revenue	79,453	79,238	77,650	71,887	69,690	62,455
Revenue Growth (YoY)	1.36%	2.05%	8.02%	3.15%	11.58%	3.17%
Cost of Revenue	56,876	56,737	55,461	50,762	48,906	44,456
Gross Profit	22,577	22,501	22,189	21,125	20,784	17,999
Selling, General & Admin	18,642	18,450	18,113	16,918	17,521	15,431
Depreciation & Amortization	1,673	1,659	1,695	1,565	1,364	1,520
Other Operating Expenses	37.1	34.7	28.9	32.7	74.4	-
Operating Expenses	20,353	20,143	19,837	18,515	18,959	16,951
Operating Income	2,225	2,358	2,352	2,609	1,825	1,048
Interest Expense	-498.8	-507	-469.6	-478.1	-574.1	-746.3
Interest & Investment Income	15.9	15.9	68.6	3.1	16	21
Earnings From Equity Investments	-8.7	-8.7	11.8	63.5	59.2	1.5
Other Non Operating Income (Expenses)	7.3	9.3	-3.6	-52.9	-41.6	-0.5
EBT Excluding Unusual Items	1,740	1,867	1,959	2,145	1,285	324.1
Merger & Restructuring Charges	-276.1	-225.7	-134.8	-56.6	-58	-78.8
Gain (Loss) on Sale of Investments	-26.9	-8.6	-25.2	57.8	85.1	1.1
Gain (Loss) on Sale of Assets	21	-1.3	152.6	46.1	69	562.2
Asset Writedown	-42.6	-42.6	-5.1	-31.1	-30.2	-77.4
Other Unusual Items	-	-	-10.8	-61.6	-221.7	-132
Pretax Income	1,416	1,589	1,936	2,100	1,129	599.2
Income Tax Expense	296.1	293	422	479.9	278.5	132.8
Net Income	1,120	1,296	1,514	1,620	850.2	466.4
Preferred Dividends & Other Adjustments	0.3	1	303.2	335.6	86	-
Net Income to Common	1,119	1,295	1,210	1,284	764.2	466.4
Net Income Growth	-22.61%	-14.37%	-6.55%	90.50%	82.29%	255.76%
Shares Outstanding (Basic)	577	575	529	470	500	579
Shares Outstanding (Diluted)	581	581	534	475	578	580
Shares Change (YoY)	5.45%	8.82%	12.35%	-17.78%	-0.38%	-0.07%
EPS (Basic)	1.94	2.25	2.29	2.73	1.53	0.80
EPS (Diluted)	1.92	2.23	2.27	2.70	1.47	0.80
EPS Growth	-12.79%	-1.76%	-15.93%	83.59%	83.83%	254.23%
Free Cash Flow	830.3	628.2	700	1,907	2,272	428.8
Free Cash Flow Per Share	1.43	1.08	1.31	4.01	3.93	0.74
Dividend Per Share	0.480	0.480	0.480	0.440	0.200	-
Dividend Growth	0%	0%	9.09%	120.00%	-	-
Gross Margin	28.42%	28.40%	28.58%	29.39%	29.82%	28.82%
Operating Margin	2.80%	2.98%	3.03%	3.63%	2.62%	1.68%
Profit Margin	1.41%	1.64%	1.95%	2.25%	1.22%	0.75%
Free Cash Flow Margin	1.05%	0.79%	0.90%	2.65%	3.26%	0.69%
EBITDA	3,944	4,056	4,094	4,252	3,347	2,739
EBITDA Margin	4.96%	5.12%	5.27%	5.92%	4.80%	4.39%
D&A For EBITDA	1,720	1,699	1,742	1,643	1,522	1,691
EBIT	2,225	2,358	2,352	2,609	1,825	1,048
EBIT Margin	2.80%	2.98%	3.03%	3.63%	2.62%	1.68%
Effective Tax Rate	20.92%	18.44%	21.80%	22.86%	24.67%	22.16%
Advertising Expenses	-	535.7	498.2	440.5	385.1	405.6

Source: S&P Capital IQ. Standard template.