PC Connection, Inc. (CNXN)

PC Connection Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,802	2,851	3,125	2,893	2,590
Revenue Growth (YoY)	-1.70%	-8.78%	8.03%	11.67%	-8.15%
Cost of Revenue	2,282	2,339	2,599	2,428	2,171
Gross Profit	519.79	511.74	526.18	464.58	418.81
Selling, General & Admin	409.32	393.2	393.63	355.9	332.14
Other Operating Expenses	-	0.27	-	-0.04	-
Operating Expenses	422.32	406.17	405.63	368.06	345.74
Operating Income	97.48	105.57	120.55	96.52	73.07
Interest Expense	-0.11	-0.02	-	-	-
Interest & Investment Income	18.84	9.98	1.08	-	-
Other Non Operating Income (Expenses)	-	-	-	0.01	0.06
EBT Excluding Unusual Items	116.2	115.53	121.64	96.52	73.13
Merger & Restructuring Charges	-0.42	-2.42	-	-	-0.99
Legal Settlements	1.7	-	-	-	-
Pretax Income	117.49	113.11	121.64	96.52	73.2
Income Tax Expense	30.39	29.84	32.42	26.62	17.43
Net Income	87.1	83.27	89.22	69.91	55.77
Net Income to Common	87.1	83.27	89.22	69.91	55.77
Net Income Growth	4.59%	-6.67%	27.63%	25.36%	-32.09%
Shares Outstanding (Basic)	26	26	26	26	26
Shares Outstanding (Diluted)	27	26	26	26	26
Shares Change (YoY)	0.30%	-0.05%	0.30%	0.11%	-0.64%
EPS (Basic)	3.31	3.17	3.40	2.67	2.13
EPS (Diluted)	3.29	3.15	3.37	2.65	2.12
EPS Growth	4.44%	-6.53%	27.17%	25.00%	-31.61%
Free Cash Flow	166.29	188.36	25.81	47.45	25.07
Free Cash Flow Per Share	6.27	7.13	0.98	1.80	0.95
Dividend Per Share	0.400	0.320	-	-	-
Dividend Growth	25.00%	-	-	-	-
Gross Margin	18.55%	17.95%	16.84%	16.06%	16.17%
Operating Margin	3.48%	3.70%	3.86%	3.34%	2.82%
Profit Margin	3.11%	2.92%	2.85%	2.42%	2.15%
Free Cash Flow Margin	5.93%	6.61%	0.83%	1.64%	0.97%
EBITDA	110.46	118.22	132.53	108.72	86.67
EBITDA Margin	3.94%	4.15%	4.24%	3.76%	3.35%
D&A For EBITDA	12.98	12.65	11.98	12.2	13.6
EBIT	97.48	105.57	120.55	96.52	73.07
EBIT Margin	3.48%	3.70%	3.86%	3.34%	2.82%
Effective Tax Rate	25.87%	26.38%	26.65%	27.57%	23.81%
Advertising Expenses	-	-	-	15.8	14

Updated Feb 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q