Vector Group Ltd. (VGR)

Vector Group 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	1,415	1,424	1,441	1,221	1,229	1,120
Revenue Growth (YoY)	-3.31%	-1.16%	18.05%	-0.65%	9.74%	-40.14%
Cost of Revenue	950.96	965.35	998.66	769.54	819.6	774.89
Gross Profit	463.73	458.92	442.35	451.16	409.08	344.72
Selling, General & Admin	113.49	112.09	103.1	131.42	116.6	109.11
Other Operating Expenses	18.72	18.8	0.24	-0.7	-1.95	0.99
Operating Expenses	132.21	130.89	103.34	130.72	114.65	110.1
Operating Income	331.52	328.04	339.01	320.44	294.43	234.62
Interest Expense / Income	108.59	108.62	110.67	112.73	121.28	137.54
Other Expense / Income	-25.41	-29.03	7.78	-73.99	26.09	-34.99
Pretax Income	248.34	248.45	220.56	281.7	147.06	132.06
Income Tax	64.75	64.93	61.86	62.81	54.12	31.09
Net Income	183.59	183.53	158.7	218.89	92.94	100.97
Net Income Growth	14.10%	15.64%	-27.50%	135.53%	-7.96%	73.78%
Shares Outstanding (Basic)	158	156	155	154	153	148
Shares Change	0.97%	0.73%	0.54%	0.43%	3.72%	-0.12%
EPS (Basic)	1.16	1.17	1.01	1.40	0.60	0.64
EPS (Diluted)	1.15	1.16	1.01	1.40	0.60	0.63
EPS Growth	11.65%	14.85%	-27.86%	133.33%	-4.76%	80.00%
Free Cash Flow	193.39	199.43	171.36	241.73	253.65	109.22
Free Cash Flow Per Share	1.23	1.28	1.11	1.57	1.66	0.74
Dividend Per Share	0.800	0.800	0.800	0.800	0.800	1.562
Dividend Growth	0%	0%	0%	0%	-48.78%	4.97%
Gross Margin	32.78%	32.22%	30.70%	36.96%	33.29%	30.79%
Operating Margin	23.43%	23.03%	23.53%	26.25%	23.96%	20.96%
Profit Margin	12.98%	12.89%	11.01%	17.93%	7.56%	9.02%
Free Cash Flow Margin	13.67%	14.00%	11.89%	19.80%	20.64%	9.76%
Effective Tax Rate	26.07%	26.13%	28.05%	22.30%	36.80%	23.54%
EBITDA	367.16	367.42	341.83	432.7	306.46	308.54
EBITDA Margin	25.95%	25.80%	23.72%	35.45%	24.94%	27.56%
Depreciation & Amortization	10.24	10.35	10.6	38.28	38.13	38.94
EBIT	356.93	357.07	331.23	394.43	268.34	269.6
EBIT Margin	25.23%	25.07%	22.99%	32.31%	21.84%	24.08%

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).