Incitec Pivot Ltd
ASX:IPL

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Incitec Pivot Ltd Logo
Incitec Pivot Ltd
ASX:IPL
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Price: 3.19 AUD -0.31% Market Closed
Market Cap: 6B AUD
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Income Statement

Earnings Waterfall
Incitec Pivot Ltd

Revenue
5.2B AUD
Cost of Revenue
-2.7B AUD
Gross Profit
2.5B AUD
Operating Expenses
-2.2B AUD
Operating Income
320m AUD
Other Expenses
-261.9m AUD
Net Income
58.1m AUD

Income Statement
Incitec Pivot Ltd

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Income Statement
Currency: AUD
Sep-2004 Mar-2005 Sep-2005 Mar-2006 Sep-2006 Mar-2007 Sep-2007 Mar-2008 Sep-2008 Mar-2009 Sep-2009 Mar-2010 Sep-2010 Mar-2011 Sep-2011 Mar-2012 Sep-2012 Mar-2013 Sep-2013 Mar-2014 Sep-2014 Mar-2015 Sep-2015 Mar-2016 Sep-2016 Mar-2017 Sep-2017 Mar-2018 Sep-2018 Mar-2019 Sep-2019 Mar-2020 Sep-2020 Mar-2021 Sep-2021 Mar-2022 Sep-2022 Mar-2023 Sep-2023 Mar-2024
Revenue
Revenue
1 136
N/A
1 143
+1%
1 082
-5%
1 047
-3%
1 123
+7%
1 264
+13%
1 379
+9%
1 584
+15%
2 926
+85%
3 900
+33%
3 430
-12%
2 942
-14%
2 937
0%
3 126
+6%
3 911
+25%
4 036
+3%
3 512
-13%
3 398
-3%
3 425
+1%
3 505
+2%
3 370
-4%
3 455
+3%
3 656
+6%
3 584
-2%
3 363
-6%
3 370
+0%
3 479
+3%
3 627
+4%
3 862
+6%
3 920
+2%
3 923
+0%
4 028
+3%
3 946
-2%
3 822
-3%
4 350
+14%
4 845
+11%
5 523
+14%
5 914
+7%
5 412
-8%
5 204
-4%
Gross Profit
Cost of Revenue
(764)
(787)
(765)
(715)
(721)
(721)
(635)
(660)
(1 234)
(1 862)
(1 777)
(1 351)
(1 211)
(1 279)
(1 921)
(2 041)
(1 604)
(1 541)
(1 591)
(1 624)
(1 464)
(1 469)
(1 568)
(1 523)
(1 484)
(1 528)
(1 567)
(1 600)
(1 717)
(1 851)
(1 957)
(1 970)
(1 829)
(1 801)
(2 054)
(2 195)
(2 736)
(3 176)
(2 929)
(2 715)
Gross Profit
372
N/A
356
-4%
317
-11%
332
+5%
402
+21%
543
+35%
744
+37%
924
+24%
1 691
+83%
2 038
+21%
1 653
-19%
1 591
-4%
1 726
+8%
1 847
+7%
1 990
+8%
1 995
+0%
1 908
-4%
1 857
-3%
1 834
-1%
1 881
+3%
1 906
+1%
1 986
+4%
2 088
+5%
2 062
-1%
1 879
-9%
1 843
-2%
1 912
+4%
2 027
+6%
2 145
+6%
2 070
-4%
1 966
-5%
2 058
+5%
2 117
+3%
2 021
-5%
2 296
+14%
2 649
+15%
2 788
+5%
2 738
-2%
2 483
-9%
2 490
+0%
Operating Income
Operating Expenses
(259)
(246)
(286)
(314)
(331)
(404)
(451)
(465)
(758)
(1 173)
(1 313)
(1 238)
(1 178)
(1 249)
(1 348)
(1 398)
(1 344)
(1 337)
(1 414)
(1 444)
(1 439)
(1 490)
(1 570)
(1 563)
(1 525)
(1 500)
(1 538)
(1 600)
(1 662)
(1 715)
(1 744)
(1 805)
(1 841)
(1 845)
(1 824)
(2 122)
(1 902)
(2 079)
(2 125)
(2 170)
Selling, General & Administrative
(208)
(203)
(248)
(277)
(273)
(339)
(404)
(417)
(670)
(971)
(1 086)
(1 061)
(992)
(1 047)
(1 107)
(1 158)
(1 123)
(1 112)
(1 169)
(1 184)
(1 159)
(1 197)
(1 256)
(1 244)
(1 224)
(1 197)
(1 211)
(1 258)
(1 316)
(1 358)
(1 389)
(1 414)
(1 419)
(1 370)
(1 394)
(1 445)
(1 516)
(1 670)
(1 728)
(1 760)
Depreciation & Amortization
(45)
(36)
(31)
(30)
(33)
(36)
(36)
(37)
(70)
(143)
(171)
(145)
(139)
(147)
(148)
(150)
(156)
(162)
(184)
(211)
(223)
(236)
(249)
(253)
(245)
(250)
(273)
(287)
(294)
(296)
(302)
(334)
(356)
(353)
(369)
(346)
(311)
(319)
(325)
(339)
Other Operating Expenses
(6)
(5)
(7)
(7)
(26)
(29)
(11)
(11)
(17)
(58)
(56)
(32)
(47)
(55)
(93)
(90)
(65)
(63)
(61)
(50)
(56)
(58)
(64)
(67)
(57)
(53)
(54)
(55)
(51)
(61)
(54)
(56)
(66)
(121)
(62)
(331)
(75)
(91)
(72)
(71)
Operating Income
113
N/A
110
-2%
31
-72%
17
-45%
71
+310%
139
+96%
293
+110%
459
+57%
934
+103%
865
-7%
340
-61%
353
+4%
548
+55%
598
+9%
643
+8%
596
-7%
564
-5%
520
-8%
420
-19%
437
+4%
467
+7%
496
+6%
518
+4%
498
-4%
354
-29%
343
-3%
374
+9%
428
+14%
484
+13%
355
-27%
222
-38%
253
+14%
276
+9%
176
-36%
472
+168%
527
+12%
886
+68%
659
-26%
358
-46%
320
-11%
Pre-Tax Income
Interest Income Expense
(6)
(6)
(10)
(11)
(15)
(29)
(34)
(40)
(89)
(137)
(101)
(46)
(28)
(31)
(39)
(40)
(39)
(39)
(59)
(73)
(56)
(48)
(37)
(35)
(15)
(43)
(66)
(89)
(83)
(94)
(98)
(115)
(100)
(94)
(66)
(51)
(58)
(89)
(89)
(106)
Non-Reccuring Items
(1)
0
0
0
0
0
0
(1)
(5)
(6)
(590)
(592)
(28)
(33)
(24)
(19)
157
159
(51)
(53)
(135)
(136)
(5)
(156)
(241)
(44)
43
(246)
(241)
0
(12)
(6)
(57)
0
(271)
0
(5)
0
(5)
(503)
Gain/Loss on Disposition of Assets
1
2
1
0
3
17
23
10
3
8
13
6
4
7
18
21
5
1
2
8
15
8
2
2
0
2
20
19
2
2
12
12
2
1
0
0
(1)
6
12
18
Total Other Income
0
1
0
1
0
1
6
13
7
0
23
30
44
45
23
24
25
27
36
37
21
28
30
34
39
50
22
32
31
35
36
48
31
31
24
31
43
59
41
60
Pre-Tax Income
107
N/A
107
0%
21
-80%
8
-64%
59
+670%
128
+116%
288
+125%
441
+53%
850
+93%
731
-14%
(315)
N/A
(248)
+21%
540
N/A
586
+9%
621
+6%
584
-6%
712
+22%
669
-6%
349
-48%
355
+2%
312
-12%
348
+12%
508
+46%
343
-32%
137
-60%
307
+125%
393
+28%
144
-63%
193
+34%
299
+55%
160
-47%
192
+21%
151
-22%
114
-25%
160
+41%
508
+217%
866
+70%
635
-27%
317
-50%
(212)
N/A
Net Income
Tax Provision
(32)
(31)
(7)
(1)
(13)
(34)
(82)
(123)
(236)
(187)
135
101
(128)
(140)
(154)
(143)
(204)
(192)
19
20
(64)
(69)
(109)
(59)
(7)
(57)
(71)
(63)
(78)
(57)
(8)
(17)
(28)
(19)
(11)
(106)
(217)
(147)
(41)
70
Income from Continuing Operations
75
76
15
7
47
94
205
318
614
544
(180)
(147)
412
447
467
441
508
476
368
376
248
279
399
284
129
251
322
82
114
243
152
175
123
95
149
402
649
488
277
(141)
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
(2)
(3)
(4)
1
3
(1)
(1)
(1)
(1)
(1)
(0)
(1)
(1)
(2)
(3)
(4)
(3)
(1)
0
0
0
0
0
0
(0)
0
0
(0)
Net Income (Common)
75
N/A
76
+1%
15
-81%
7
-49%
47
+531%
94
+101%
205
+119%
318
+55%
614
+93%
544
-11%
(180)
N/A
(147)
+18%
411
N/A
444
+8%
463
+4%
441
-5%
511
+16%
475
-7%
367
-23%
375
+2%
247
-34%
278
+12%
399
+43%
284
-29%
128
-55%
249
+94%
319
+28%
174
-45%
208
+19%
242
+16%
152
-37%
175
+15%
123
-30%
95
-23%
149
+57%
497
+233%
1 014
+104%
983
-3%
560
-43%
58
-90%
EPS (Diluted)
0.06
N/A
0.06
N/A
0.01
-83%
0.01
N/A
0.04
+300%
0.08
+100%
0.18
+125%
0.28
+56%
0.51
+82%
0.36
-29%
-0.1
N/A
-0.09
+10%
0.25
N/A
0.27
+8%
0.28
+4%
0.27
-4%
0.32
+19%
0.3
-6%
0.23
-23%
0.23
N/A
0.15
-35%
0.17
+13%
0.24
+41%
0.17
-29%
0.08
-53%
0.15
+88%
0.19
+27%
0.1
-47%
0.12
+20%
0.15
+25%
0.09
-40%
0.11
+22%
0.07
-36%
0.05
-29%
0.08
+60%
0.25
+213%
0.52
+108%
0.5
-4%
0.28
-44%
0.02
-93%

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