Global Industrial Company (GIC)

Global Industrial Company 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	1,316	1,274	1,166	1,063	1,029
Revenue Growth (YoY)	3.26%	9.28%	9.69%	3.31%	8.67%
Cost of Revenue	863.9	838.5	744.9	688.8	672.1
Gross Profit	452	435.8	421.2	374.3	356.9
Selling, General & Admin	367.1	335	312.3	282.8	268.9
Operating Expenses	371.5	339.3	316	286.3	272.8
Operating Income	80.5	96.5	105.2	88	84.1
Interest Expense	-0.2	-1.1	-1.1	-0.1	-0.1
Currency Exchange Gain (Loss)	-0.5	-0.2	-0.3	-0.3	-
EBT Excluding Unusual Items	79.8	95.2	103.8	87.6	84
Pretax Income	79.8	95.2	103.8	87.6	84
Income Tax Expense	19.1	24.5	25.7	17.5	19.9
Earnings From Continuing Operations	60.7	70.7	78.1	70.1	64.1
Earnings From Discontinued Operations	0.3	-	0.7	33.2	1.3
Net Income	61	70.7	78.8	103.3	65.4
Preferred Dividends & Other Adjustments	0.4	0.4	0.3	0.5	0.8
Net Income to Common	60.6	70.3	78.5	102.8	64.6
Net Income Growth	-13.72%	-10.28%	-23.72%	57.95%	34.84%
Shares Outstanding (Basic)	38	38	38	38	38
Shares Outstanding (Diluted)	38	38	38	38	38
Shares Change (YoY)	0.52%	0.26%	0.26%	0.80%	-
EPS (Basic)	1.58	1.85	2.07	2.72	1.72
EPS (Diluted)	1.58	1.84	2.06	2.71	1.71
EPS Growth	-14.25%	-10.61%	-24.04%	58.06%	33.92%
Free Cash Flow	46.9	108.1	42.8	46.4	65.5
Free Cash Flow Per Share	1.22	2.83	1.12	1.22	1.74
Dividend Per Share	1.000	0.800	0.720	0.640	0.560
Dividend Growth	25.00%	11.11%	12.50%	14.29%	16.67%
Gross Margin	34.35%	34.20%	36.12%	35.21%	34.68%
Operating Margin	6.12%	7.57%	9.02%	8.28%	8.17%
Profit Margin	4.61%	5.52%	6.73%	9.67%	6.28%
Free Cash Flow Margin	3.56%	8.48%	3.67%	4.37%	6.37%
EBITDA	88.1	102.9	109.1	91.7	88.2
EBITDA Margin	6.69%	8.08%	9.36%	8.63%	8.57%
D&A For EBITDA	7.6	6.4	3.9	3.7	4.1
EBIT	80.5	96.5	105.2	88	84.1
EBIT Margin	6.12%	7.57%	9.02%	8.28%	8.17%
Effective Tax Rate	23.94%	25.74%	24.76%	19.98%	23.69%
Advertising Expenses	90.6	79.8	72	65.3	60.3

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q