
Euronav NV
F:OCW

Income Statement
Earnings Waterfall
Euronav NV
Revenue
|
1.8B
USD
|
Cost of Revenue
|
-548.4m
USD
|
Gross Profit
|
1.2B
USD
|
Operating Expenses
|
-384.8m
USD
|
Operating Income
|
820.7m
USD
|
Other Expenses
|
647.1m
USD
|
Net Income
|
1.5B
USD
|
Income Statement
Euronav NV
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
332
N/A
|
352
+6%
|
410
+16%
|
474
+16%
|
573
+21%
|
689
+20%
|
766
+11%
|
847
+11%
|
857
+1%
|
834
-3%
|
764
-8%
|
684
-10%
|
634
-7%
|
570
-10%
|
542
-5%
|
513
-5%
|
447
-13%
|
426
-5%
|
482
+13%
|
600
+25%
|
896
+49%
|
1 193
+33%
|
1 207
+1%
|
915
-24%
|
1 524
+67%
|
1 974
+29%
|
2 039
+3%
|
1 210
-41%
|
1 560
+29%
|
917
-41%
|
770
-16%
|
420
-45%
|
619
+47%
|
674
+9%
|
803
+19%
|
855
+6%
|
1 418
+66%
|
1 843
+30%
|
1 898
+3%
|
1 235
-35%
|
1 754
+42%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(49)
|
(107)
|
(178)
|
(242)
|
(300)
|
(298)
|
(282)
|
(225)
|
(216)
|
(215)
|
(221)
|
(220)
|
(225)
|
(226)
|
(218)
|
(212)
|
(214)
|
(227)
|
(277)
|
(327)
|
(466)
|
(580)
|
(562)
|
(363)
|
(529)
|
(515)
|
(518)
|
(344)
|
(512)
|
(511)
|
(508)
|
(340)
|
(512)
|
(521)
|
(547)
|
(391)
|
(594)
|
(607)
|
(583)
|
(373)
|
(548)
|
|
Gross Profit |
57
N/A
|
94
+65%
|
151
+60%
|
232
+53%
|
273
+18%
|
392
+44%
|
484
+24%
|
622
+28%
|
641
+3%
|
619
-3%
|
543
-12%
|
465
-14%
|
409
-12%
|
345
-16%
|
324
-6%
|
301
-7%
|
233
-23%
|
199
-15%
|
205
+3%
|
273
+33%
|
429
+57%
|
613
+43%
|
645
+5%
|
552
-14%
|
995
+80%
|
1 458
+47%
|
1 522
+4%
|
867
-43%
|
1 048
+21%
|
406
-61%
|
262
-35%
|
80
-69%
|
107
+33%
|
153
+43%
|
256
+68%
|
463
+81%
|
824
+78%
|
1 236
+50%
|
1 315
+6%
|
862
-34%
|
1 206
+40%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(321)
|
(275)
|
(254)
|
(226)
|
(200)
|
(218)
|
(217)
|
(275)
|
(278)
|
(281)
|
(287)
|
(283)
|
(289)
|
(295)
|
(298)
|
(303)
|
(302)
|
(310)
|
(339)
|
(363)
|
(496)
|
(614)
|
(607)
|
(371)
|
(589)
|
(581)
|
(578)
|
(355)
|
(542)
|
(535)
|
(538)
|
(377)
|
(525)
|
(464)
|
(438)
|
(265)
|
(405)
|
(404)
|
(403)
|
(265)
|
(385)
|
|
Selling, General & Administrative |
(13)
|
(28)
|
(54)
|
(76)
|
(60)
|
(61)
|
(50)
|
(72)
|
(70)
|
(70)
|
(70)
|
(62)
|
(63)
|
(67)
|
(71)
|
(78)
|
(81)
|
(87)
|
(95)
|
(97)
|
(123)
|
(134)
|
(122)
|
(44)
|
(100)
|
(101)
|
(103)
|
(46)
|
(72)
|
(55)
|
(51)
|
(42)
|
(55)
|
(62)
|
(65)
|
(58)
|
(90)
|
(91)
|
(90)
|
(67)
|
(100)
|
|
Depreciation & Amortization |
(137)
|
(137)
|
(148)
|
(161)
|
(177)
|
(195)
|
(203)
|
(210)
|
(214)
|
(218)
|
(224)
|
(228)
|
(232)
|
(234)
|
(233)
|
(230)
|
(226)
|
(227)
|
(249)
|
(271)
|
(380)
|
(489)
|
(495)
|
(338)
|
(505)
|
(498)
|
(493)
|
(320)
|
(484)
|
(493)
|
(501)
|
(345)
|
(485)
|
(420)
|
(391)
|
(223)
|
(338)
|
(343)
|
(344)
|
(221)
|
(321)
|
|
Other Operating Expenses |
(171)
|
(110)
|
(53)
|
11
|
37
|
37
|
36
|
7
|
7
|
7
|
7
|
7
|
7
|
6
|
5
|
5
|
5
|
4
|
5
|
5
|
7
|
9
|
9
|
11
|
15
|
18
|
18
|
11
|
14
|
13
|
14
|
10
|
15
|
18
|
19
|
15
|
23
|
30
|
32
|
24
|
36
|
|
Operating Income |
(37)
N/A
|
(30)
+20%
|
(23)
+22%
|
6
N/A
|
73
+1 155%
|
174
+139%
|
268
+54%
|
347
+30%
|
364
+5%
|
338
-7%
|
256
-24%
|
182
-29%
|
120
-34%
|
50
-58%
|
26
-49%
|
(2)
N/A
|
(69)
-3 173%
|
(111)
-61%
|
(134)
-21%
|
(90)
+33%
|
(66)
+27%
|
(1)
+99%
|
38
N/A
|
181
+380%
|
406
+124%
|
877
+116%
|
944
+8%
|
512
-46%
|
507
-1%
|
(129)
N/A
|
(276)
-114%
|
(297)
-8%
|
(418)
-41%
|
(311)
+26%
|
(182)
+42%
|
198
N/A
|
419
+111%
|
832
+98%
|
912
+10%
|
597
-35%
|
821
+37%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(40)
|
(41)
|
(43)
|
(27)
|
(54)
|
(43)
|
(29)
|
12
|
10
|
9
|
7
|
0
|
(8)
|
(6)
|
(11)
|
(8)
|
(20)
|
(33)
|
(48)
|
(52)
|
(91)
|
(119)
|
(126)
|
(75)
|
(126)
|
(108)
|
(92)
|
(47)
|
(71)
|
(71)
|
(77)
|
(34)
|
(75)
|
(96)
|
(97)
|
(56)
|
(104)
|
(116)
|
(125)
|
(92)
|
(134)
|
|
Non-Reccuring Items |
0
|
(1)
|
1
|
6
|
8
|
9
|
(2)
|
5
|
17
|
(7)
|
1
|
26
|
12
|
16
|
16
|
16
|
16
|
83
|
92
|
39
|
48
|
2
|
7
|
15
|
38
|
60
|
45
|
23
|
24
|
12
|
12
|
15
|
29
|
51
|
51
|
96
|
118
|
107
|
134
|
372
|
807
|
|
Total Other Income |
(2)
|
0
|
0
|
(36)
|
0
|
0
|
(0)
|
(8)
|
0
|
0
|
0
|
(5)
|
0
|
(0)
|
0
|
(6)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(7)
|
0
|
(4)
|
(4)
|
(12)
|
(10)
|
(10)
|
(10)
|
(23)
|
(23)
|
(23)
|
(23)
|
(32)
|
(32)
|
(33)
|
(33)
|
(14)
|
(14)
|
|
Pre-Tax Income |
(77)
N/A
|
(72)
+8%
|
(65)
+9%
|
(52)
+21%
|
26
N/A
|
140
+430%
|
237
+70%
|
356
+50%
|
390
+10%
|
340
-13%
|
264
-22%
|
204
-23%
|
124
-39%
|
60
-52%
|
31
-49%
|
0
-100%
|
(73)
N/A
|
(61)
+16%
|
(91)
-48%
|
(110)
-21%
|
(110)
0%
|
(118)
-8%
|
(82)
+31%
|
113
N/A
|
318
+181%
|
825
+160%
|
893
+8%
|
475
-47%
|
450
-5%
|
(199)
N/A
|
(351)
-76%
|
(339)
+3%
|
(488)
-44%
|
(379)
+22%
|
(250)
+34%
|
206
N/A
|
401
+95%
|
790
+97%
|
888
+12%
|
864
-3%
|
1 481
+71%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
6
|
7
|
9
|
5
|
(6)
|
(7)
|
(9)
|
(5)
|
0
|
1
|
1
|
2
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
2
|
1
|
(1)
|
(3)
|
(6)
|
(5)
|
(2)
|
(1)
|
1
|
1
|
0
|
0
|
4
|
(3)
|
(3)
|
(7)
|
(10)
|
(10)
|
(6)
|
(13)
|
|
Income from Continuing Operations |
(78)
|
(72)
|
(65)
|
(46)
|
34
|
149
|
242
|
350
|
383
|
331
|
259
|
204
|
125
|
61
|
32
|
1
|
(72)
|
(60)
|
(91)
|
(110)
|
(110)
|
(117)
|
(81)
|
112
|
315
|
819
|
888
|
473
|
448
|
(198)
|
(350)
|
(339)
|
(488)
|
(376)
|
(253)
|
203
|
395
|
780
|
878
|
858
|
1 468
|
|
Net Income (Common) |
(78)
N/A
|
(72)
+8%
|
(65)
+9%
|
(46)
+30%
|
34
N/A
|
149
+340%
|
242
+62%
|
350
+45%
|
383
+9%
|
331
-14%
|
259
-22%
|
204
-21%
|
125
-39%
|
61
-52%
|
32
-47%
|
1
-96%
|
(72)
N/A
|
(60)
+16%
|
(91)
-51%
|
(110)
-21%
|
(110)
0%
|
(117)
-6%
|
(81)
+31%
|
112
N/A
|
315
+181%
|
819
+160%
|
888
+8%
|
473
-47%
|
448
-5%
|
(198)
N/A
|
(350)
-77%
|
(339)
+3%
|
(488)
-44%
|
(376)
+23%
|
(253)
+33%
|
203
N/A
|
395
+94%
|
780
+98%
|
878
+13%
|
858
-2%
|
1 468
+71%
|
|
EPS (Diluted) |
-0.84
N/A
|
-0.6
+29%
|
-0.5
+17%
|
-0.39
+22%
|
0.22
N/A
|
0.92
+318%
|
1.53
+66%
|
2.22
+45%
|
2.4
+8%
|
2.08
-13%
|
1.63
-22%
|
1.29
-21%
|
0.79
-39%
|
0.39
-51%
|
0.21
-46%
|
0.01
-95%
|
-0.46
N/A
|
-0.34
+26%
|
-0.41
-21%
|
-0.57
-39%
|
-0.52
+9%
|
-0.53
-2%
|
-0.37
+30%
|
0.52
N/A
|
1.47
+183%
|
3.81
+159%
|
4.28
+12%
|
2.25
-47%
|
2.22
-1%
|
-0.98
N/A
|
-1.73
-77%
|
-1.68
+3%
|
-2.42
-44%
|
-1.86
+23%
|
-1.26
+32%
|
1.01
N/A
|
1.96
+94%
|
3.86
+97%
|
4.35
+13%
|
4.25
-2%
|
7.27
+71%
|