PC Connection, Inc. (CNXN)

PC Connection Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	2,851	3,125	2,893	2,590	2,820
Revenue Growth (YoY)	-8.78%	8.03%	11.67%	-8.15%	4.47%
Cost of Revenue	2,339	2,599	2,428	2,171	2,369
Gross Profit	511.74	526.18	464.58	418.81	451.31
Selling, General & Admin	405.9	405.63	368.06	345.74	338.64
Other Operating Expenses	2.69	0	0	0.99	0.7
Operating Expenses	408.58	405.63	368.06	346.73	339.34
Operating Income	103.15	120.55	96.52	72.07	111.97
Other Expense / Income	-9.96	-1.08	-0.01	-1.12	-0.71
Pretax Income	113.11	121.64	96.52	73.2	112.68
Income Tax	29.84	32.42	26.62	17.43	30.57
Net Income	83.27	89.22	69.91	55.77	82.11
Net Income Growth	-6.67%	27.63%	25.36%	-32.09%	27.12%
Shares Outstanding (Basic)	26	26	26	26	26
Shares Outstanding (Diluted)	26	26	26	26	27
Shares Change	-0.05%	0.30%	0.11%	-0.64%	-1.30%
EPS (Basic)	3.17	3.40	2.67	2.13	3.12
EPS (Diluted)	3.15	3.37	2.65	2.12	3.10
EPS Growth	-6.53%	27.17%	25.00%	-31.61%	28.63%
Free Cash Flow	188.36	25.81	47.52	25.07	10.95
Free Cash Flow Per Share	7.17	0.98	1.81	0.96	0.42
Dividend Per Share	0.320	0.340	1.320	-	0.830
Dividend Growth	-5.88%	-74.24%	-	-	159.38%
Gross Margin	17.95%	16.84%	16.06%	16.17%	16.00%
Operating Margin	3.62%	3.86%	3.34%	2.78%	3.97%
Profit Margin	2.92%	2.86%	2.42%	2.15%	2.91%
Free Cash Flow Margin	6.61%	0.83%	1.64%	0.97%	0.39%
Effective Tax Rate	26.38%	26.65%	27.58%	23.81%	27.13%
EBITDA	125.77	133.61	108.72	86.8	125.99
EBITDA Margin	4.41%	4.28%	3.76%	3.35%	4.47%
Depreciation & Amortization	12.65	11.98	12.2	13.6	13.31
EBIT	113.11	121.64	96.52	73.2	112.68
EBIT Margin	3.97%	3.89%	3.34%	2.83%	4.00%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).