WK Kellogg Co (KLG)

WK Kellogg Co 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 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021
Revenue	2,708	2,763	2,695	2,460	2,867
Revenue Growth (YoY)	-1.99%	2.52%	9.55%	-14.20%	-
Cost of Revenue	1,915	2,025	2,080	1,884	2,032
Gross Profit	793	738	615	576	835
Selling, General & Admin	569	488	624	361	588
Operating Expenses	569	488	624	361	588
Operating Income	224	250	-9	215	247
Interest Expense	-30	-10	-	-	-
Currency Exchange Gain (Loss)	-	-	-	1	1
Other Non Operating Income (Expenses)	-24	-13	-7	-2	-5
EBT Excluding Unusual Items	170	227	-16	214	243
Merger & Restructuring Charges	-56	-	-	-	-1
Other Unusual Items	-29	-102	-26	-	-
Pretax Income	85	145	-26	214	242
Income Tax Expense	13	35	-1	52	60
Net Income	72	110	-25	162	182
Net Income to Common	72	110	-25	162	182
Net Income Growth	-34.55%	-	-	-10.99%	-
Shares Outstanding (Basic)	87	86	86	86	-
Shares Outstanding (Diluted)	88	86	86	86	-
Shares Change (YoY)	2.54%	-	-	-	-
EPS (Basic)	0.83	1.28	-0.29	1.89	-
EPS (Diluted)	0.82	1.28	-0.29	1.89	-
EPS Growth	-35.94%	-	-	-	-
Free Cash Flow	-29	272	-18	-68	216
Free Cash Flow Per Share	-0.33	3.18	-0.21	-0.79	-
Dividend Per Share	0.640	0.160	-	-	-
Dividend Growth	300.00%	-	-	-	-
Gross Margin	29.28%	26.71%	22.82%	23.41%	29.12%
Operating Margin	8.27%	9.05%	-0.33%	8.74%	8.62%
Profit Margin	2.66%	3.98%	-0.93%	6.59%	6.35%
Free Cash Flow Margin	-1.07%	9.84%	-0.67%	-2.76%	7.53%
EBITDA	302	316	59	283	316
EBITDA Margin	11.15%	11.44%	2.19%	11.50%	11.02%
D&A For EBITDA	78	66	68	68	69
EBIT	224	250	-9	215	247
EBIT Margin	8.27%	9.05%	-0.33%	8.74%	8.62%
Effective Tax Rate	15.29%	24.14%	-	24.30%	24.79%
Advertising Expenses	210	206	178	216	300

Source: S&P Capital IQ. Standard template. Financial Sources.