TEGNA Inc. (TGNA)

TEGNA Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,885	2,911	3,279	2,991	2,938	2,299
Revenue Growth (YoY)	-11.11%	-11.23%	9.63%	1.81%	27.76%	4.18%
Cost of Revenue	1,722	1,719	1,693	1,599	1,503	1,228
Gross Profit	1,162	1,192	1,586	1,392	1,434	1,071
Selling, General & Admin	483.78	477.93	474.64	464.57	438.9	406.95
Other Operating Expenses	-18.97	-19.41	120.75	125.55	124.62	105.29
Operating Expenses	464.81	458.53	595.39	590.12	563.51	512.24
Operating Income	697.55	733.55	990.63	802.22	870.98	559.02
Interest Expense / Income	172.37	172.9	174.02	185.65	210.29	205.47
Other Expense / Income	-196.44	-46.28	-16.23	4.13	23.62	-22.11
Pretax Income	721.62	606.92	832.84	612.44	637.07	375.66
Income Tax	159.64	130.2	202.37	135.48	154.29	89.42
Net Income	561.98	476.72	630.47	476.96	482.78	286.24
Net Income Growth	-6.42%	-24.39%	32.19%	-1.21%	68.66%	-29.44%
Shares Outstanding (Basic)	178	208	224	222	219	217
Shares Outstanding (Diluted)	178	208	224	222	220	218
Shares Change	-20.64%	-7.37%	0.91%	1.25%	0.81%	0.63%
EPS (Basic)	2.89	2.29	2.82	2.15	2.20	1.32
EPS (Diluted)	2.88	2.28	2.81	2.14	2.19	1.31
EPS Growth	7.46%	-18.86%	31.31%	-2.28%	67.18%	-29.95%
Free Cash Flow	460.48	532.56	760.82	438.54	759.64	209.12
Free Cash Flow Per Share	2.59	2.56	3.40	1.98	3.46	0.96
Dividend Per Share	0.436	0.417	0.380	0.355	0.280	0.280
Dividend Growth	14.74%	9.74%	7.04%	26.79%	0%	0%
Gross Margin	40.29%	40.95%	48.37%	46.55%	48.83%	46.59%
Operating Margin	24.18%	25.20%	30.21%	26.82%	29.65%	24.31%
Profit Margin	19.48%	16.38%	19.23%	15.95%	16.43%	12.45%
Free Cash Flow Margin	15.96%	18.30%	23.20%	14.66%	25.86%	9.09%
Effective Tax Rate	22.12%	21.45%	24.30%	22.12%	24.22%	23.80%
EBITDA	1,007	893.06	1,128	925.94	981.94	691.76
EBITDA Margin	34.89%	30.68%	34.40%	30.96%	33.42%	30.08%
Depreciation & Amortization	112.58	113.24	121.08	127.85	134.57	110.63
EBIT	893.99	779.83	1,007	798.09	847.37	581.13
EBIT Margin	30.99%	26.79%	30.70%	26.68%	28.84%	25.27%

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).