Office Properties Income Trust (OPI)

OPI Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	533.55	554.28	576.48	587.92	678.4
Revenue Growth (YoY)	-3.74%	-3.85%	-1.95%	-13.34%	59.04%
Cost of Revenue	89.61	84.85	97.22	90.5	108.02
Gross Profit	443.94	469.43	479.26	497.42	570.39
Selling, General & Admin	22.73	25.13	26.86	28.44	32.73
Other Operating Expenses	362.25	355.04	409.74	360.22	433.77
Operating Expenses	384.98	380.18	436.6	388.66	466.49
Operating Income	58.96	89.25	42.66	108.76	103.89
Interest Expense / Income	110.65	103.48	112.39	108.3	134.88
Other Expense / Income	17.4	-8.39	-61.79	-6.6	-62.1
Pretax Income	-69.08	-5.84	-7.93	7.06	31.11
Income Tax	0.35	0.27	0.25	0.38	0.78
Net Income	-69.43	-6.11	-8.18	6.68	30.34
Net Income Growth	-	-	-	-77.99%	-
Shares Outstanding (Basic)	48	48	48	48	48
Shares Outstanding (Diluted)	48	48	48	48	48
Shares Change	0.23%	0.17%	0.15%	0.13%	93.56%
EPS (Basic)	-1.44	-0.14	-0.17	0.14	0.63
EPS (Diluted)	-1.44	-0.14	-0.17	0.14	0.63
EPS Growth	-	-	-	-77.78%	-
Free Cash Flow	-47.88	191.79	-222.12	206.86	979.54
Free Cash Flow Per Share	-0.99	3.97	-4.61	4.30	20.38
Dividend Per Share	1.300	2.200	2.200	2.200	2.200
Dividend Growth	-40.91%	0%	0%	0%	-68.02%
Gross Margin	83.21%	84.69%	83.14%	84.61%	84.08%
Operating Margin	11.05%	16.10%	7.40%	18.50%	15.31%
Profit Margin	-13.01%	-1.10%	-1.42%	1.14%	4.47%
Free Cash Flow Margin	-8.97%	34.60%	-38.53%	35.19%	144.39%
Effective Tax Rate	-	-	-	5.34%	2.50%
EBITDA	241.83	314.31	341.55	366.38	453.37
EBITDA Margin	45.32%	56.71%	59.25%	62.32%	66.83%
Depreciation & Amortization	200.27	216.67	237.09	251.02	287.38
EBIT	41.57	97.64	104.46	115.36	165.99
EBIT Margin	7.79%	17.62%	18.12%	19.62%	24.47%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).