Smiths Group PLC
LSE:SMIN
Income Statement
Earnings Waterfall
Smiths Group PLC
Income Statement
Smiths Group PLC
| Jul-2001 | Jan-2002 | Jul-2002 | Jan-2003 | Jul-2003 | Jan-2004 | Jul-2004 | Jan-2005 | Jul-2005 | Jan-2006 | Aug-2006 | Feb-2007 | Jul-2007 | Feb-2008 | Jul-2008 | Jan-2009 | Jul-2009 | Jan-2010 | Jul-2010 | Jan-2011 | Jul-2011 | Jan-2012 | Jul-2012 | Jan-2013 | Jul-2013 | Jan-2014 | Jul-2014 | Jan-2015 | Jul-2015 | Jan-2016 | Jul-2016 | Jan-2017 | Jul-2017 | Jan-2018 | Jul-2018 | Jan-2019 | Jul-2019 | Jan-2020 | Jul-2020 | Jan-2021 | Jul-2021 | Jan-2022 | Jul-2022 | Jan-2023 | Jul-2023 | Jan-2024 | Jul-2024 | Jan-2025 | Jul-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
17
|
38
|
60
|
57
|
61
|
58
|
51
|
43
|
47
|
54
|
57
|
65
|
64
|
60
|
63
|
65
|
64
|
64
|
65
|
62
|
55
|
55
|
60
|
62
|
62
|
66
|
33
|
65
|
65
|
62
|
58
|
55
|
51
|
49
|
47
|
55
|
71
|
71
|
67
|
63
|
66
|
70
|
|
| Revenue |
4 958
N/A
|
3 959
-20%
|
3 070
-22%
|
2 345
-24%
|
2 629
+12%
|
2 712
+3%
|
2 678
-1%
|
2 752
+3%
|
3 017
+10%
|
2 675
-11%
|
3 523
+32%
|
2 194
-38%
|
2 161
-2%
|
2 228
+3%
|
2 321
+4%
|
2 525
+9%
|
2 665
+6%
|
2 652
0%
|
2 770
+4%
|
2 862
+3%
|
2 842
-1%
|
2 878
+1%
|
3 030
+5%
|
3 098
+2%
|
3 109
+0%
|
3 075
-1%
|
2 952
-4%
|
2 926
-1%
|
2 897
-1%
|
2 853
-2%
|
2 949
+3%
|
3 193
+8%
|
3 280
+3%
|
4 822
+47%
|
2 328
-52%
|
1 929
-17%
|
2 498
+29%
|
2 165
-13%
|
2 548
+18%
|
2 458
-4%
|
2 406
-2%
|
2 448
+2%
|
2 566
+5%
|
2 871
+12%
|
3 037
+6%
|
3 047
+0%
|
2 778
-9%
|
2 879
+4%
|
2 915
+1%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(4 265)
|
(3 415)
|
(1 855)
|
(2 008)
|
(1 568)
|
(2 328)
|
(1 604)
|
(2 027)
|
(2 596)
|
(1 540)
|
(2 111)
|
(1 177)
|
(1 159)
|
(1 211)
|
(1 266)
|
(1 375)
|
(1 448)
|
(1 427)
|
(1 476)
|
(1 526)
|
(1 534)
|
(1 564)
|
(1 646)
|
(1 681)
|
(1 694)
|
(1 685)
|
(1 626)
|
(1 611)
|
(1 564)
|
(1 537)
|
(1 600)
|
(1 720)
|
(1 755)
|
(2 585)
|
(1 327)
|
(1 149)
|
(1 429)
|
(1 304)
|
(1 559)
|
(1 537)
|
(1 491)
|
(1 518)
|
(1 605)
|
(1 814)
|
(1 919)
|
(1 919)
|
(1 742)
|
(1 808)
|
(1 839)
|
|
| Gross Profit |
694
N/A
|
544
-22%
|
1 216
+124%
|
337
-72%
|
1 061
+214%
|
384
-64%
|
1 074
+180%
|
725
-32%
|
420
-42%
|
1 135
+170%
|
1 412
+24%
|
1 018
-28%
|
1 002
-2%
|
1 017
+1%
|
1 056
+4%
|
1 150
+9%
|
1 217
+6%
|
1 225
+1%
|
1 293
+6%
|
1 336
+3%
|
1 308
-2%
|
1 314
+0%
|
1 384
+5%
|
1 417
+2%
|
1 415
0%
|
1 390
-2%
|
1 326
-5%
|
1 315
-1%
|
1 333
+1%
|
1 316
-1%
|
1 349
+3%
|
1 473
+9%
|
1 525
+4%
|
2 237
+47%
|
1 001
-55%
|
780
-22%
|
1 069
+37%
|
861
-19%
|
989
+15%
|
921
-7%
|
915
-1%
|
930
+2%
|
961
+3%
|
1 057
+10%
|
1 118
+6%
|
1 128
+1%
|
1 036
-8%
|
1 071
+3%
|
1 076
+0%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(94)
|
(70)
|
(814)
|
(52)
|
(733)
|
(79)
|
(753)
|
(370)
|
(61)
|
(794)
|
(943)
|
(669)
|
(639)
|
(684)
|
(708)
|
(841)
|
(790)
|
(775)
|
(861)
|
(878)
|
(874)
|
(958)
|
(1 008)
|
(962)
|
(922)
|
(946)
|
(949)
|
(943)
|
(939)
|
(869)
|
(823)
|
(897)
|
(962)
|
(1 441)
|
(639)
|
(492)
|
(684)
|
(547)
|
(719)
|
(669)
|
(575)
|
(568)
|
(595)
|
(639)
|
(669)
|
(673)
|
(606)
|
(620)
|
(621)
|
|
| Selling, General & Administrative |
0
|
0
|
(763)
|
0
|
(689)
|
0
|
(714)
|
(372)
|
0
|
(794)
|
(943)
|
(705)
|
(706)
|
(693)
|
(708)
|
(799)
|
(790)
|
(775)
|
(861)
|
(878)
|
(874)
|
(958)
|
(1 008)
|
(962)
|
(922)
|
(946)
|
(949)
|
(941)
|
(939)
|
(869)
|
(839)
|
(907)
|
(945)
|
(1 409)
|
(613)
|
(465)
|
(642)
|
(494)
|
(662)
|
(613)
|
(522)
|
(515)
|
(551)
|
(595)
|
(627)
|
(632)
|
(561)
|
(573)
|
(573)
|
|
| Depreciation & Amortization |
(35)
|
(30)
|
(51)
|
(52)
|
(44)
|
0
|
(39)
|
0
|
(61)
|
0
|
0
|
(7)
|
0
|
(15)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(17)
|
(32)
|
(26)
|
(27)
|
(42)
|
(53)
|
(57)
|
(56)
|
(53)
|
(52)
|
(51)
|
(51)
|
(52)
|
(51)
|
(47)
|
(49)
|
(50)
|
|
| Other Operating Expenses |
(59)
|
(41)
|
0
|
0
|
0
|
(79)
|
0
|
2
|
0
|
0
|
0
|
43
|
67
|
24
|
0
|
(42)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
16
|
16
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
7
|
10
|
10
|
2
|
0
|
2
|
|
| Operating Income |
600
N/A
|
474
-21%
|
402
-15%
|
285
-29%
|
328
+15%
|
305
-7%
|
321
+5%
|
355
+11%
|
359
+1%
|
341
-5%
|
469
+37%
|
348
-26%
|
363
+4%
|
332
-8%
|
348
+5%
|
309
-11%
|
427
+38%
|
450
+5%
|
433
-4%
|
459
+6%
|
434
-6%
|
356
-18%
|
376
+6%
|
455
+21%
|
492
+8%
|
444
-10%
|
378
-15%
|
372
-2%
|
394
+6%
|
447
+13%
|
526
+18%
|
576
+10%
|
563
-2%
|
796
+41%
|
362
-55%
|
288
-20%
|
385
+34%
|
314
-18%
|
270
-14%
|
252
-7%
|
340
+35%
|
362
+6%
|
366
+1%
|
418
+14%
|
449
+7%
|
455
+1%
|
430
-5%
|
451
+5%
|
455
+1%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(113)
|
(87)
|
(46)
|
(7)
|
(23)
|
(23)
|
(10)
|
(15)
|
(8)
|
(49)
|
(56)
|
(58)
|
(34)
|
(27)
|
(43)
|
(43)
|
(56)
|
(60)
|
(58)
|
(57)
|
(57)
|
(54)
|
(60)
|
(60)
|
(64)
|
(62)
|
(61)
|
(53)
|
(56)
|
(56)
|
(58)
|
(60)
|
(72)
|
(91)
|
(58)
|
(66)
|
(31)
|
(84)
|
(110)
|
(71)
|
(91)
|
(28)
|
(21)
|
(36)
|
(42)
|
(62)
|
(61)
|
(34)
|
(30)
|
|
| Non-Reccuring Items |
(599)
|
(491)
|
(68)
|
(21)
|
(123)
|
(136)
|
(11)
|
0
|
(42)
|
15
|
(309)
|
(343)
|
(106)
|
(55)
|
(27)
|
7
|
(6)
|
5
|
(4)
|
(0)
|
(2)
|
5
|
26
|
31
|
(3)
|
2
|
0
|
0
|
0
|
(34)
|
(139)
|
5
|
114
|
108
|
(18)
|
(49)
|
(53)
|
(56)
|
(29)
|
(13)
|
(13)
|
(22)
|
(249)
|
(276)
|
(47)
|
(26)
|
(39)
|
(26)
|
(43)
|
|
| Total Other Income |
0
|
13
|
0
|
11
|
0
|
0
|
0
|
17
|
0
|
21
|
28
|
28
|
34
|
34
|
42
|
16
|
5
|
(10)
|
2
|
12
|
23
|
14
|
24
|
(6)
|
16
|
(22)
|
(14)
|
(17)
|
(13)
|
5
|
17
|
3
|
(4)
|
(12)
|
1
|
3
|
3
|
2
|
2
|
3
|
4
|
4
|
7
|
4
|
0
|
(3)
|
(3)
|
(7)
|
(7)
|
|
| Pre-Tax Income |
(112)
N/A
|
(92)
+18%
|
287
N/A
|
269
-6%
|
183
-32%
|
146
-20%
|
300
+106%
|
357
+19%
|
310
-13%
|
328
+6%
|
132
-60%
|
(25)
N/A
|
257
N/A
|
285
+11%
|
319
+12%
|
289
-9%
|
371
+28%
|
384
+4%
|
373
-3%
|
414
+11%
|
398
-4%
|
321
-19%
|
366
+14%
|
420
+15%
|
442
+5%
|
362
-18%
|
302
-16%
|
302
0%
|
325
+8%
|
362
+11%
|
346
-4%
|
524
+51%
|
601
+15%
|
801
+33%
|
287
-64%
|
176
-39%
|
304
+73%
|
176
-42%
|
133
-24%
|
171
+29%
|
240
+40%
|
316
+32%
|
103
-67%
|
110
+7%
|
360
+227%
|
364
+1%
|
327
-10%
|
384
+17%
|
375
-2%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(92)
|
(81)
|
(94)
|
(77)
|
(96)
|
(93)
|
(87)
|
(95)
|
(89)
|
(83)
|
(108)
|
(65)
|
(53)
|
(55)
|
(75)
|
(69)
|
(95)
|
(105)
|
(79)
|
(91)
|
(92)
|
(70)
|
(108)
|
(126)
|
(84)
|
(72)
|
(67)
|
(74)
|
(77)
|
(71)
|
(85)
|
(90)
|
(29)
|
(124)
|
(158)
|
(108)
|
(157)
|
(143)
|
(64)
|
(94)
|
(83)
|
(65)
|
(90)
|
(110)
|
(134)
|
(130)
|
(105)
|
(105)
|
(99)
|
|
| Income from Continuing Operations |
(204)
|
(172)
|
194
|
192
|
87
|
54
|
213
|
262
|
221
|
246
|
24
|
(90)
|
204
|
230
|
244
|
220
|
276
|
279
|
294
|
322
|
306
|
251
|
258
|
295
|
358
|
290
|
235
|
227
|
248
|
291
|
261
|
434
|
572
|
677
|
129
|
68
|
147
|
33
|
69
|
77
|
157
|
251
|
13
|
0
|
226
|
234
|
222
|
279
|
276
|
|
| Income to Minority Interest |
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(2)
|
|
| Net Income (Common) |
(206)
N/A
|
(175)
+15%
|
191
N/A
|
226
+18%
|
112
-51%
|
68
-39%
|
213
+215%
|
262
+23%
|
221
-16%
|
286
+30%
|
24
-92%
|
40
+64%
|
1 729
+4 255%
|
1 721
0%
|
269
-84%
|
236
-12%
|
270
+14%
|
270
+0%
|
310
+15%
|
374
+21%
|
384
+3%
|
294
-23%
|
257
-13%
|
293
+14%
|
357
+22%
|
288
-19%
|
233
-19%
|
225
-3%
|
246
+9%
|
289
+17%
|
259
-10%
|
432
+67%
|
562
+30%
|
666
+19%
|
277
-58%
|
293
+6%
|
225
-23%
|
249
+11%
|
265
+6%
|
249
-6%
|
284
+14%
|
1 278
+350%
|
1 033
-19%
|
20
-98%
|
231
+1 055%
|
233
+1%
|
250
+7%
|
307
+23%
|
290
-6%
|
|
| EPS (Diluted) |
-0.38
N/A
|
-0.32
+16%
|
0.36
N/A
|
0.41
+14%
|
0.2
-51%
|
0.12
-40%
|
0.39
+225%
|
0.48
+23%
|
0.4
-17%
|
0.52
+30%
|
0.04
-92%
|
0.07
+75%
|
3.1
+4 329%
|
4.37
+41%
|
0.68
-84%
|
0.6
-12%
|
0.7
+17%
|
0.68
-3%
|
0.78
+15%
|
0.94
+21%
|
0.97
+3%
|
0.74
-24%
|
0.65
-12%
|
0.74
+14%
|
0.9
+22%
|
0.73
-19%
|
0.58
-21%
|
0.57
-2%
|
0.62
+9%
|
0.72
+16%
|
0.65
-10%
|
1.09
+68%
|
1.42
+30%
|
1.65
+16%
|
0.69
-58%
|
0.74
+7%
|
0.56
-24%
|
0.62
+11%
|
0.66
+6%
|
0.62
-6%
|
0.71
+15%
|
3.23
+355%
|
2.65
-18%
|
0.05
-98%
|
0.63
+1 160%
|
0.67
+6%
|
0.71
+6%
|
0.89
+25%
|
0.85
-4%
|
|