TAL Education Group (TAL)

Income Statement (Annual)

Financials in millions USD. Fiscal year is March - February.

Millions USD. Fiscal year is Mar - Feb.

Year	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011 - 2007
Revenue	4,390.91	4,495.76	3,273.31	2,562.98	1,715.02	1,043.1	619.95	433.97	313.9	225.93	Upgrade
Revenue Growth (YoY)	-2.33%	37.35%	27.71%	49.44%	64.42%	68.26%	42.85%	38.25%	38.93%	27.27%	Upgrade
Cost of Revenue	2,203.34	2,048.56	1,468.57	1,164.45	882.32	522.33	303.63	203.07	151.54	115.75	Upgrade
Gross Profit	2,187.57	2,447.19	1,804.74	1,398.53	832.7	520.77	316.31	230.9	162.35	110.18	Upgrade
Selling, General & Admin	2,317.85	2,797.37	1,647.77	1,063.67	628.39	389.29	234.59	164.11	106.06	78.8	Upgrade
Other Operating Expenses	484.24	88.04	19.53	-6.72	-4.29	-3.11	-3.33	-0.46	-1.1	-0.63	Upgrade
Operating Expenses	2,802.09	2,885.42	1,667.3	1,056.95	624.1	386.18	231.26	163.65	104.96	78.17	Upgrade
Operating Income	-614.52	-438.22	137.44	341.58	208.6	134.59	85.05	67.25	57.4	32.02	Upgrade
Interest Expense / Income	7.87	16.95	11.82	17.63	16.64	13.15	7.5	5.81	0	0	Upgrade
Other Expense / Income	116.74	-269.28	166.49	-119.79	-51.13	-29.5	-58.81	-15.09	-9.89	-5.53	Upgrade
Pretax Income	-739.12	-185.89	-40.87	443.74	243.09	150.95	136.36	76.53	67.29	37.54	Upgrade
Income Tax	396.99	-69.9	69.33	76.5	44.65	34.07	33.48	9.37	6.68	4.1	Upgrade
Net Income	-1,136.12	-115.99	-110.2	367.24	198.44	116.88	102.88	67.16	60.61	33.44	Upgrade
Net Income Common	-1,136.12	-115.99	-110.2	367.24	198.44	116.88	102.88	67.16	60.61	33.44	Upgrade
Net Income Growth	-	-	-	85.06%	69.78%	13.61%	53.19%	10.81%	81.24%	37.54%	Upgrade
Shares Outstanding (Basic)	215	204	198	190	175	163	160	158	157	156	Upgrade
Shares Outstanding (Diluted)	215	204	198	200	194	189	183	164	159	157	Upgrade
Shares Change	5.51%	2.73%	-1.02%	3.03%	3.09%	2.98%	11.90%	2.60%	1.80%	0.48%	Upgrade
EPS (Basic)	-1.76	-0.19	-0.19	0.64	0.38	0.24	0.21	0.14	0.13	0.07	Upgrade
EPS (Diluted)	-1.76	-0.19	-0.19	0.61	0.34	0.22	0.20	0.14	0.13	0.07	Upgrade
EPS Growth	-	-	-	77.84%	55.91%	10.00%	45.98%	7.87%	81.43%	32.07%	Upgrade
Free Cash Flow Per Share	-1.80	1.16	1.13	-0.27	1.07	0.63	0.34	0.25	0.19	0.13	Upgrade
Dividend Per Share	-	-	-	-	0.083	0.150	0.315	0.360	0.350	0.082	Upgrade
Dividend Growth	-	-	-	-	-44.67%	-52.38%	-12.50%	2.86%	326.83%	-	Upgrade
Gross Margin	49.80%	54.40%	55.10%	54.60%	48.60%	49.90%	51.00%	53.20%	51.70%	48.80%	Upgrade
Operating Margin	-14.00%	-9.70%	4.20%	13.30%	12.20%	12.90%	13.70%	15.50%	18.30%	14.20%	Upgrade
Profit Margin	-25.90%	-2.60%	-3.40%	14.30%	11.60%	11.20%	16.60%	15.50%	19.30%	14.80%	Upgrade
Free Cash Flow Margin	-26.40%	15.80%	20.50%	-5.90%	32.60%	29.60%	26.20%	27.00%	28.90%	26.30%	Upgrade
Effective Tax Rate	-53.71%	37.60%	-169.64%	17.24%	18.37%	22.57%	24.55%	12.24%	9.93%	10.92%	Upgrade
EBITDA	-545.99	-7.95	86.14	550.2	318.95	197.65	163.04	94.8	77.3	44.91	Upgrade
EBITDA Margin	-12.40%	-0.20%	2.60%	21.50%	18.60%	18.90%	26.30%	21.80%	24.60%	19.90%	Upgrade
Depreciation & Amortization	185.26	160.99	115.19	88.84	59.21	33.56	19.18	12.47	10.01	7.37	Upgrade
EBIT	-731.25	-168.94	-29.05	461.37	259.73	164.09	143.86	82.34	67.29	37.54	Upgrade
EBIT Margin	-16.70%	-3.80%	-0.90%	18.00%	15.10%	15.70%	23.20%	19.00%	21.40%	16.60%	Upgrade

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).