WK Kellogg Co (KLG)

WK Kellogg Co Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021
Revenue	2,719	2,763	2,695	2,460	2,867
Revenue Growth (YoY)	-2.51%	2.52%	9.55%	-14.20%	-
Cost of Revenue	1,940	2,009	2,064	1,884	2,032
Gross Profit	779	754	631	576	835
Selling, General & Admin	459	488	624	361	588
Operating Expenses	459	488	624	361	588
Operating Income	320	266	7	215	247
Interest Expense	-33	-10	-	-	-
Currency Exchange Gain (Loss)	-	-	-	1	1
Other Non Operating Income (Expenses)	-58	-13	-7	-2	-5
EBT Excluding Unusual Items	229	243	-	214	243
Merger & Restructuring Charges	-38	-	-	-	-1
Other Unusual Items	-102	-102	-26	-	-
Pretax Income	93	145	-26	214	242
Income Tax Expense	25	35	-1	52	60
Net Income	68	110	-25	162	182
Net Income to Common	68	110	-25	162	182
Net Income Growth	-	-	-	-10.99%	-
Shares Outstanding (Basic)	86	86	86	86	-
Shares Outstanding (Diluted)	87	86	86	86	-
Shares Change (YoY)	1.75%	-	-	-	-
EPS (Basic)	0.79	1.28	-0.29	1.89	-
EPS (Diluted)	0.78	1.28	-0.29	1.89	-
Free Cash Flow	183	272	-18	-68	216
Free Cash Flow Per Share	2.10	3.18	-0.21	-0.79	-
Dividend Per Share	0.640	0.160	-	-	-
Gross Margin	28.65%	27.29%	23.41%	23.41%	29.12%
Operating Margin	11.77%	9.63%	0.26%	8.74%	8.62%
Profit Margin	2.50%	3.98%	-0.93%	6.59%	6.35%
Free Cash Flow Margin	6.73%	9.84%	-0.67%	-2.76%	7.53%
EBITDA	396	332	75	283	316
EBITDA Margin	14.56%	12.02%	2.78%	11.50%	11.02%
D&A For EBITDA	76	66	68	68	69
EBIT	320	266	7	215	247
EBIT Margin	11.77%	9.63%	0.26%	8.74%	8.62%
Effective Tax Rate	26.88%	24.14%	-	24.30%	24.79%
Advertising Expenses	-	206	178	216	300

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