
Mainfreight Ltd
NZX:MFT

Income Statement
Earnings Waterfall
Mainfreight Ltd
Revenue
|
4.9B
NZD
|
Cost of Revenue
|
-2.8B
NZD
|
Gross Profit
|
2.1B
NZD
|
Operating Expenses
|
-1.7B
NZD
|
Operating Income
|
426.7m
NZD
|
Other Expenses
|
-228m
NZD
|
Net Income
|
198.7m
NZD
|
Income Statement
Mainfreight Ltd
Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | 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 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
907
N/A
|
826
-9%
|
787
-5%
|
758
-4%
|
703
-7%
|
764
+9%
|
823
+8%
|
912
+11%
|
1 023
+12%
|
1 153
+13%
|
1 259
+9%
|
1 266
+1%
|
1 238
-2%
|
1 176
-5%
|
1 115
-5%
|
1 132
+2%
|
1 186
+5%
|
1 241
+5%
|
1 302
+5%
|
1 342
+3%
|
1 476
+10%
|
1 589
+8%
|
1 698
+7%
|
1 814
+7%
|
1 829
+1%
|
1 857
+2%
|
1 226
-34%
|
2 616
+113%
|
2 822
+8%
|
2 953
+5%
|
3 023
+2%
|
3 095
+2%
|
3 203
+4%
|
3 544
+11%
|
4 209
+19%
|
5 218
+24%
|
5 947
+14%
|
5 676
-5%
|
5 027
-11%
|
4 718
-6%
|
4 915
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(161)
|
(248)
|
(382)
|
(494)
|
(447)
|
(492)
|
(529)
|
(591)
|
(668)
|
(764)
|
(844)
|
(846)
|
(824)
|
(775)
|
(730)
|
(750)
|
(798)
|
(845)
|
(889)
|
(912)
|
(978)
|
(1 034)
|
(1 086)
|
(1 146)
|
(1 160)
|
(1 179)
|
(749)
|
(1 605)
|
(1 733)
|
(1 792)
|
(1 799)
|
(1 803)
|
(1 874)
|
(2 142)
|
(2 639)
|
(3 357)
|
(3 802)
|
(3 444)
|
(2 854)
|
(2 623)
|
(2 810)
|
|
Gross Profit |
73
N/A
|
129
+78%
|
405
+213%
|
265
-35%
|
255
-3%
|
272
+6%
|
294
+8%
|
321
+9%
|
355
+10%
|
390
+10%
|
416
+7%
|
420
+1%
|
414
-1%
|
401
-3%
|
385
-4%
|
382
-1%
|
387
+1%
|
396
+2%
|
412
+4%
|
430
+4%
|
497
+16%
|
556
+12%
|
612
+10%
|
668
+9%
|
667
0%
|
678
+2%
|
477
-30%
|
1 011
+112%
|
1 089
+8%
|
1 162
+7%
|
1 224
+5%
|
1 291
+5%
|
1 329
+3%
|
1 402
+5%
|
1 570
+12%
|
1 861
+19%
|
2 145
+15%
|
2 231
+4%
|
2 174
-3%
|
2 095
-4%
|
2 104
+0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(695)
|
(524)
|
(350)
|
(211)
|
(202)
|
(213)
|
(230)
|
(257)
|
(286)
|
(321)
|
(348)
|
(353)
|
(353)
|
(342)
|
(322)
|
(322)
|
(324)
|
(331)
|
(343)
|
(353)
|
(409)
|
(457)
|
(513)
|
(561)
|
(565)
|
(575)
|
(411)
|
(843)
|
(905)
|
(958)
|
(1 008)
|
(1 062)
|
(1 082)
|
(1 118)
|
(1 208)
|
(1 351)
|
(1 514)
|
(1 619)
|
(1 687)
|
(1 667)
|
(1 678)
|
|
Selling, General & Administrative |
(66)
|
(96)
|
(131)
|
(145)
|
(139)
|
(150)
|
(164)
|
(179)
|
(202)
|
(229)
|
(250)
|
(251)
|
(252)
|
(243)
|
(227)
|
(230)
|
(232)
|
(238)
|
(248)
|
(256)
|
(300)
|
(339)
|
(383)
|
(418)
|
(421)
|
(429)
|
(302)
|
(612)
|
(655)
|
(696)
|
(693)
|
(670)
|
(677)
|
(723)
|
(796)
|
(887)
|
(984)
|
(1 023)
|
(1 042)
|
(1 012)
|
(1 016)
|
|
Depreciation & Amortization |
(20)
|
(19)
|
(21)
|
(12)
|
(11)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(16)
|
(20)
|
(24)
|
(28)
|
(32)
|
(32)
|
(33)
|
(23)
|
(48)
|
(51)
|
(53)
|
(109)
|
(170)
|
(179)
|
(182)
|
(185)
|
(201)
|
(216)
|
(239)
|
(262)
|
(293)
|
(314)
|
|
Other Operating Expenses |
(608)
|
(409)
|
(198)
|
(53)
|
(50)
|
(53)
|
(56)
|
(67)
|
(73)
|
(80)
|
(85)
|
(87)
|
(86)
|
(83)
|
(79)
|
(76)
|
(76)
|
(77)
|
(79)
|
(82)
|
(89)
|
(95)
|
(103)
|
(110)
|
(112)
|
(113)
|
(86)
|
(184)
|
(199)
|
(208)
|
(206)
|
(223)
|
(225)
|
(212)
|
(227)
|
(264)
|
(313)
|
(357)
|
(383)
|
(362)
|
(347)
|
|
Operating Income |
51
N/A
|
54
+5%
|
55
+3%
|
54
-2%
|
54
+0%
|
59
+8%
|
64
+9%
|
65
+1%
|
69
+6%
|
69
+1%
|
68
-2%
|
67
-1%
|
61
-9%
|
60
-3%
|
63
+6%
|
60
-5%
|
64
+7%
|
66
+3%
|
70
+7%
|
77
+9%
|
89
+17%
|
98
+10%
|
99
+1%
|
107
+8%
|
104
-3%
|
103
0%
|
66
-37%
|
167
+155%
|
184
+10%
|
204
+11%
|
216
+6%
|
229
+6%
|
248
+8%
|
284
+15%
|
363
+28%
|
510
+41%
|
632
+24%
|
612
-3%
|
487
-21%
|
428
-12%
|
427
0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(8)
|
(9)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(6)
|
(7)
|
(6)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(10)
|
(11)
|
(13)
|
(13)
|
(12)
|
(4)
|
(7)
|
(7)
|
(7)
|
(15)
|
(23)
|
(22)
|
(22)
|
(20)
|
(21)
|
(22)
|
(25)
|
(26)
|
(32)
|
(45)
|
|
Non-Reccuring Items |
1
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(7)
|
(9)
|
(8)
|
(8)
|
(3)
|
(1)
|
(1)
|
(1)
|
(5)
|
(6)
|
(6)
|
(6)
|
13
|
14
|
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
46
N/A
|
46
+1%
|
46
+1%
|
51
+10%
|
50
-2%
|
55
+10%
|
61
+10%
|
60
-1%
|
64
+6%
|
63
-2%
|
61
-3%
|
54
-11%
|
46
-16%
|
44
-3%
|
48
+9%
|
51
+5%
|
57
+12%
|
60
+4%
|
64
+7%
|
65
+2%
|
76
+16%
|
83
+10%
|
82
-1%
|
107
+31%
|
105
-2%
|
106
+1%
|
62
-41%
|
160
+160%
|
177
+10%
|
197
+11%
|
202
+2%
|
206
+2%
|
226
+9%
|
262
+16%
|
342
+30%
|
489
+43%
|
609
+24%
|
587
-4%
|
461
-22%
|
395
-14%
|
382
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(16)
|
(16)
|
(15)
|
(15)
|
(16)
|
(18)
|
(20)
|
(21)
|
(21)
|
(20)
|
(19)
|
(16)
|
(15)
|
(16)
|
(15)
|
(17)
|
(18)
|
(19)
|
(39)
|
(42)
|
(45)
|
(44)
|
(27)
|
(26)
|
(26)
|
(19)
|
(48)
|
(52)
|
(56)
|
(57)
|
(58)
|
(64)
|
(74)
|
(96)
|
(134)
|
(168)
|
(161)
|
(127)
|
(256)
|
(252)
|
|
Income from Continuing Operations |
31
|
30
|
30
|
36
|
35
|
39
|
43
|
41
|
43
|
42
|
41
|
36
|
30
|
29
|
32
|
36
|
40
|
42
|
45
|
26
|
33
|
38
|
38
|
81
|
79
|
79
|
43
|
112
|
125
|
141
|
144
|
148
|
162
|
188
|
246
|
355
|
442
|
426
|
334
|
139
|
129
|
|
Income to Minority Interest |
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
31
N/A
|
50
+61%
|
51
+2%
|
61
+18%
|
120
+99%
|
106
-12%
|
108
+2%
|
102
-6%
|
44
-57%
|
42
-5%
|
41
-1%
|
36
-14%
|
30
-15%
|
29
-3%
|
32
+10%
|
36
+13%
|
40
+11%
|
42
+4%
|
45
+7%
|
26
-43%
|
33
+29%
|
38
+16%
|
38
-1%
|
81
+112%
|
79
-2%
|
79
+1%
|
42
-47%
|
108
+155%
|
121
+13%
|
138
+14%
|
141
+2%
|
159
+13%
|
173
+9%
|
188
+9%
|
246
+31%
|
355
+44%
|
442
+24%
|
426
-3%
|
334
-22%
|
209
-38%
|
199
-5%
|
|
EPS (Diluted) |
0.32
N/A
|
0.51
+59%
|
0.52
+2%
|
0.61
+17%
|
1.24
+103%
|
1.11
-10%
|
1.11
N/A
|
0.99
-11%
|
0.44
-56%
|
0.43
-2%
|
0.41
-5%
|
0.36
-12%
|
0.3
-17%
|
0.29
-3%
|
0.32
+10%
|
0.37
+16%
|
0.41
+11%
|
0.43
+5%
|
0.46
+7%
|
0.26
-43%
|
0.33
+27%
|
0.38
+15%
|
0.38
N/A
|
0.81
+113%
|
0.8
-1%
|
0.8
N/A
|
0.42
-48%
|
0.44
+5%
|
1.2
+173%
|
1.36
+13%
|
1.4
+3%
|
1.58
+13%
|
1.71
+8%
|
1.87
+9%
|
2.44
+30%
|
3.53
+45%
|
4.39
+24%
|
4.24
-3%
|
3.32
-22%
|
2.07
-38%
|
1.97
-5%
|