Valvoline Inc. (VVV)

Income Statement (Annual)

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Year	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	2,981	2,353	2,390	2,285	2,084	1,929	1,967	2,041
Revenue Growth (YoY)	26.69%	-1.55%	4.59%	9.64%	8.04%	-1.93%	-3.63%	-
Cost of Revenue	2,001	1,490	1,580	1,479	1,308	1,181	1,282	1,409
Gross Profit	980	863	810	806	776	748	685	632
Selling, General & Admin	520	442	449	430	396	365	348	398
Other Operating Expenses	-24	-30	3	14	11	6	22	0
Operating Expenses	496	412	452	444	407	371	370	398
Operating Income	484	451	358	362	369	377	315	234
Interest Expense / Income	111	93	73	63	42	9	0	0
Other Expense / Income	-170	-93	20	-33	-163	-53	18	-30
Pretax Income	543	451	265	332	490	421	297	264
Income Tax	123	134	57	166	186	148	101	91
Net Income	420	317	208	166	304	273	196	173
Net Income Common	420	317	208	166	304	273	196	173
Net Income Growth	32.49%	52.40%	25.30%	-45.40%	11.36%	39.29%	13.30%	-
Shares Outstanding (Basic)	182	187	189	197	204	170	170	205
Shares Outstanding (Diluted)	183	188	189	197	204	170	170	205
Shares Change	-2.66%	-0.53%	-4.06%	-3.43%	20.00%	-	-17.07%	-
EPS (Basic)	2.30	1.70	1.10	0.84	1.49	1.60	1.15	0.84
EPS (Diluted)	2.29	1.69	1.10	0.84	1.49	1.60	1.15	0.84
EPS Growth	35.50%	53.64%	30.95%	-43.62%	-6.88%	39.13%	36.91%	-
Free Cash Flow Per Share	1.43	1.18	1.15	1.15	-0.97	1.44	1.68	0.65
Dividend Per Share	0.500	0.452	0.424	0.299	0.196	-	-	-
Dividend Growth	10.62%	6.60%	41.81%	52.55%	-	-	-	-
Gross Margin	32.88%	36.68%	33.89%	35.27%	37.24%	38.78%	34.83%	30.96%
Operating Margin	16.24%	19.17%	14.98%	15.84%	17.71%	19.54%	16.01%	11.46%
Profit Margin	14.09%	13.47%	8.70%	7.27%	14.59%	14.15%	9.96%	8.48%
Free Cash Flow Margin	8.72%	9.39%	9.08%	9.93%	-9.50%	12.70%	14.54%	6.57%
Effective Tax Rate	22.65%	29.71%	21.51%	50.00%	37.96%	35.15%	34.01%	34.47%
EBITDA	746	610	399	449	574	468	335	301
EBITDA Margin	25.02%	25.92%	16.70%	19.65%	27.54%	24.26%	17.03%	14.75%
Depreciation & Amortization	92	66	61	54	42	38	38	37
EBIT	654	544	338	395	532	430	297	264
EBIT Margin	21.94%	23.12%	14.14%	17.29%	25.53%	22.29%	15.10%	12.93%

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).