Newell Brands Inc. (NWL)

Newell Brands 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	7,582	8,133	9,459	10,589	9,385
Revenue Growth (YoY)	-6.78%	-14.02%	-10.67%	12.83%	-3.40%
Cost of Revenue	4,998	5,694	6,603	7,204	6,297
Gross Profit	2,584	2,439	2,856	3,385	3,088
Selling, General & Admin	1,935	1,871	1,886	2,111	2,079
Research & Development	123	117	140	153	144
Operating Expenses	2,058	1,988	2,026	2,264	2,223
Operating Income	526	451	830	1,121	865
Interest Expense	-295	-283	-235	-256	-274
Currency Exchange Gain (Loss)	-8	-22	-47	-8	-17
Other Non Operating Income (Expenses)	-23	-27	-13	10	1
EBT Excluding Unusual Items	200	119	535	867	575
Merger & Restructuring Charges	-102	-194	-39	-46	-44
Impairment of Goodwill	-	-241	-	-	-
Gain (Loss) on Sale of Assets	-	-	136	4	-9
Asset Writedown	-345	-101	-474	-60	-1,503
Other Unusual Items	-13	-126	-1	-5	-20
Pretax Income	-260	-543	157	760	-1,001
Income Tax Expense	-44	-155	-40	138	-235
Earnings From Continuing Operations	-216	-388	197	622	-766
Net Income	-216	-388	197	622	-766
Net Income to Common	-216	-388	197	622	-766
Net Income Growth	-	-	-68.33%	-	-
Shares Outstanding (Basic)	416	414	416	425	424
Shares Outstanding (Diluted)	416	414	417	428	424
Shares Change (YoY)	0.34%	-0.79%	-2.48%	0.92%	0.05%
EPS (Basic)	-0.52	-0.94	0.47	1.46	-1.81
EPS (Diluted)	-0.52	-0.94	0.47	1.45	-1.81
EPS Growth	-	-	-67.59%	-	-
Free Cash Flow	237	646	-584	595	1,173
Free Cash Flow Per Share	0.57	1.56	-1.40	1.39	2.77
Dividend Per Share	0.280	0.440	0.920	0.920	0.920
Dividend Growth	-36.36%	-52.17%	-	-	-
Gross Margin	34.08%	29.99%	30.19%	31.97%	32.90%
Operating Margin	6.94%	5.54%	8.77%	10.59%	9.22%
Profit Margin	-2.85%	-4.77%	2.08%	5.87%	-8.16%
Free Cash Flow Margin	3.13%	7.94%	-6.17%	5.62%	12.50%
EBITDA	849	785	1,126	1,446	1,222
EBITDA Margin	11.20%	9.65%	11.90%	13.66%	13.02%
D&A For EBITDA	323	334	296	325	357
EBIT	526	451	830	1,121	865
EBIT Margin	6.94%	5.54%	8.77%	10.59%	9.22%
Effective Tax Rate	-	-	-	18.16%	-
Advertising Expenses	417	371	387	407	362

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q