
Martinrea International Inc
TSX:MRE

Income Statement
Earnings Waterfall
Martinrea International Inc
Revenue
|
5B
CAD
|
Cost of Revenue
|
-4.4B
CAD
|
Gross Profit
|
648.6m
CAD
|
Operating Expenses
|
-380.3m
CAD
|
Operating Income
|
268.2m
CAD
|
Other Expenses
|
-302.8m
CAD
|
Net Income
|
-34.5m
CAD
|
Income Statement
Martinrea International Inc
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 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
3 599
N/A
|
3 652
+1%
|
3 705
+1%
|
3 775
+2%
|
3 867
+2%
|
3 989
+3%
|
4 029
+1%
|
4 013
0%
|
3 968
-1%
|
3 930
-1%
|
3 879
-1%
|
3 802
-2%
|
3 691
-3%
|
3 654
-1%
|
3 603
-1%
|
3 615
+0%
|
3 663
+1%
|
3 722
+2%
|
3 749
+1%
|
3 872
+3%
|
3 864
0%
|
3 713
-4%
|
3 225
-13%
|
3 222
0%
|
3 375
+5%
|
3 500
+4%
|
3 924
+12%
|
3 802
-3%
|
3 784
0%
|
3 942
+4%
|
4 171
+6%
|
4 516
+8%
|
4 758
+5%
|
4 906
+3%
|
5 154
+5%
|
5 338
+4%
|
5 340
+0%
|
5 360
+0%
|
5 301
-1%
|
5 159
-3%
|
5 014
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 251)
|
(3 296)
|
(3 338)
|
(3 390)
|
(3 465)
|
(3 570)
|
(3 600)
|
(3 582)
|
(3 536)
|
(3 491)
|
(3 427)
|
(3 337)
|
(3 206)
|
(3 143)
|
(3 071)
|
(3 070)
|
(3 107)
|
(3 153)
|
(3 175)
|
(3 282)
|
(3 278)
|
(3 165)
|
(2 844)
|
(2 833)
|
(2 960)
|
(3 088)
|
(3 396)
|
(3 381)
|
(3 457)
|
(3 609)
|
(3 816)
|
(4 053)
|
(4 217)
|
(4 321)
|
(4 520)
|
(4 676)
|
(4 665)
|
(4 679)
|
(4 610)
|
(4 487)
|
(4 366)
|
|
Gross Profit |
348
N/A
|
356
+2%
|
367
+3%
|
385
+5%
|
402
+4%
|
418
+4%
|
428
+2%
|
432
+1%
|
432
+0%
|
438
+1%
|
451
+3%
|
465
+3%
|
485
+4%
|
511
+5%
|
532
+4%
|
546
+3%
|
556
+2%
|
569
+2%
|
574
+1%
|
591
+3%
|
586
-1%
|
549
-6%
|
382
-30%
|
389
+2%
|
415
+7%
|
412
-1%
|
528
+28%
|
420
-20%
|
327
-22%
|
333
+2%
|
355
+7%
|
463
+31%
|
541
+17%
|
586
+8%
|
634
+8%
|
662
+5%
|
675
+2%
|
681
+1%
|
691
+1%
|
673
-3%
|
649
-4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(212)
|
(215)
|
(218)
|
(229)
|
(225)
|
(233)
|
(236)
|
(235)
|
(234)
|
(236)
|
(239)
|
(246)
|
(250)
|
(254)
|
(260)
|
(265)
|
(272)
|
(280)
|
(283)
|
(286)
|
(295)
|
(290)
|
(275)
|
(279)
|
(291)
|
(294)
|
(311)
|
(302)
|
(278)
|
(283)
|
(290)
|
(308)
|
(331)
|
(345)
|
(355)
|
(370)
|
(379)
|
(380)
|
(390)
|
(389)
|
(380)
|
|
Selling, General & Administrative |
(185)
|
(186)
|
(189)
|
(199)
|
(194)
|
(200)
|
(203)
|
(201)
|
(198)
|
(199)
|
(201)
|
(207)
|
(212)
|
(215)
|
(221)
|
(226)
|
(232)
|
(237)
|
(236)
|
(235)
|
(240)
|
(235)
|
(224)
|
(231)
|
(244)
|
(249)
|
(264)
|
(254)
|
(230)
|
(234)
|
(241)
|
(257)
|
(278)
|
(291)
|
(300)
|
(314)
|
(323)
|
(323)
|
(332)
|
(331)
|
(322)
|
|
Research & Development |
(18)
|
(19)
|
(20)
|
(21)
|
(10)
|
(22)
|
(23)
|
(23)
|
(11)
|
(25)
|
(26)
|
(27)
|
(13)
|
(26)
|
(27)
|
(26)
|
(15)
|
(29)
|
(32)
|
(35)
|
(24)
|
(38)
|
(35)
|
(32)
|
(17)
|
(27)
|
(30)
|
(32)
|
(20)
|
(34)
|
(34)
|
(35)
|
(26)
|
(37)
|
(38)
|
(39)
|
(28)
|
(40)
|
(41)
|
(42)
|
(31)
|
|
Depreciation & Amortization |
(9)
|
(10)
|
(10)
|
(10)
|
(22)
|
(10)
|
(10)
|
(11)
|
(25)
|
(11)
|
(12)
|
(12)
|
(25)
|
(12)
|
(12)
|
(13)
|
(24)
|
(14)
|
(15)
|
(16)
|
(31)
|
(17)
|
(17)
|
(17)
|
(30)
|
(18)
|
(17)
|
(17)
|
(28)
|
(15)
|
(15)
|
(16)
|
(27)
|
(17)
|
(17)
|
(17)
|
(28)
|
(17)
|
(17)
|
(17)
|
(28)
|
|
Operating Income |
136
N/A
|
141
+4%
|
148
+5%
|
155
+5%
|
177
+14%
|
185
+5%
|
192
+4%
|
197
+2%
|
198
+1%
|
203
+2%
|
213
+5%
|
219
+3%
|
235
+7%
|
257
+10%
|
272
+6%
|
281
+3%
|
285
+1%
|
289
+2%
|
291
+1%
|
305
+5%
|
292
-4%
|
259
-11%
|
107
-59%
|
110
+3%
|
125
+13%
|
117
-6%
|
217
+84%
|
118
-45%
|
49
-58%
|
50
+1%
|
65
+30%
|
156
+140%
|
210
+35%
|
241
+15%
|
278
+15%
|
293
+5%
|
296
+1%
|
300
+1%
|
301
+0%
|
284
-6%
|
268
-5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(23)
|
(24)
|
(25)
|
(25)
|
(25)
|
(26)
|
(28)
|
(27)
|
(26)
|
(24)
|
(22)
|
(21)
|
(18)
|
(17)
|
(20)
|
(26)
|
(30)
|
(35)
|
(39)
|
(38)
|
(41)
|
(41)
|
(43)
|
(45)
|
(43)
|
(30)
|
(20)
|
(16)
|
(16)
|
(27)
|
(35)
|
(39)
|
(44)
|
(53)
|
(62)
|
(66)
|
(73)
|
(74)
|
(72)
|
(75)
|
(73)
|
|
Non-Reccuring Items |
(4)
|
(3)
|
(3)
|
(17)
|
(16)
|
(16)
|
(55)
|
(41)
|
(39)
|
(33)
|
6
|
6
|
12
|
6
|
6
|
5
|
(8)
|
(8)
|
(34)
|
(33)
|
(26)
|
(27)
|
(96)
|
(97)
|
(97)
|
(92)
|
7
|
14
|
14
|
6
|
2
|
(12)
|
7
|
12
|
12
|
18
|
(27)
|
(33)
|
(40)
|
(40)
|
(144)
|
|
Total Other Income |
2
|
5
|
5
|
5
|
5
|
2
|
2
|
1
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
1
|
1
|
1
|
2
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
2
|
2
|
1
|
1
|
1
|
|
Pre-Tax Income |
111
N/A
|
119
+7%
|
125
+5%
|
118
-6%
|
141
+20%
|
145
+2%
|
112
-23%
|
131
+17%
|
133
+2%
|
147
+10%
|
197
+34%
|
205
+4%
|
229
+12%
|
246
+8%
|
259
+5%
|
261
+1%
|
247
-5%
|
247
0%
|
219
-11%
|
233
+6%
|
225
-3%
|
192
-15%
|
(31)
N/A
|
(30)
+5%
|
(15)
+48%
|
(4)
+76%
|
204
N/A
|
117
-43%
|
47
-60%
|
29
-39%
|
32
+10%
|
105
+228%
|
174
+65%
|
201
+15%
|
228
+14%
|
246
+8%
|
197
-20%
|
194
-1%
|
190
-2%
|
169
-11%
|
53
-69%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(22)
|
(26)
|
(28)
|
(27)
|
(34)
|
(36)
|
(36)
|
(42)
|
(41)
|
(44)
|
(47)
|
(48)
|
(70)
|
(75)
|
(79)
|
(80)
|
(61)
|
(61)
|
(61)
|
(65)
|
(44)
|
(37)
|
11
|
8
|
(12)
|
(14)
|
(51)
|
(27)
|
(11)
|
(7)
|
(8)
|
(28)
|
(41)
|
(45)
|
(48)
|
(48)
|
(43)
|
(45)
|
(50)
|
(69)
|
(87)
|
|
Income from Continuing Operations |
89
|
93
|
97
|
91
|
107
|
109
|
76
|
89
|
92
|
103
|
150
|
158
|
159
|
172
|
180
|
181
|
186
|
185
|
158
|
168
|
181
|
155
|
(20)
|
(21)
|
(27)
|
(18)
|
153
|
91
|
36
|
22
|
24
|
77
|
133
|
156
|
180
|
198
|
154
|
149
|
140
|
101
|
(35)
|
|
Income to Minority Interest |
(18)
|
(8)
|
(2)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
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) |
71
N/A
|
85
+19%
|
95
+12%
|
91
-4%
|
107
+17%
|
109
+2%
|
76
-31%
|
89
+18%
|
92
+3%
|
104
+12%
|
151
+46%
|
158
+5%
|
160
+1%
|
172
+8%
|
180
+5%
|
181
+0%
|
186
+3%
|
185
0%
|
158
-15%
|
168
+7%
|
181
+8%
|
155
-14%
|
(20)
N/A
|
(21)
-6%
|
(27)
-29%
|
(18)
+36%
|
153
N/A
|
91
-41%
|
36
-60%
|
22
-38%
|
24
+7%
|
77
+222%
|
133
+73%
|
156
+17%
|
180
+16%
|
198
+10%
|
154
-22%
|
149
-3%
|
140
-6%
|
101
-28%
|
(35)
N/A
|
|
EPS (Diluted) |
0.84
N/A
|
1
+19%
|
1.09
+9%
|
1.07
-2%
|
1.24
+16%
|
1.27
+2%
|
0.88
-31%
|
1.04
+18%
|
1.07
+3%
|
1.19
+11%
|
1.74
+46%
|
1.82
+5%
|
1.84
+1%
|
1.98
+8%
|
2.07
+5%
|
2.07
N/A
|
2.14
+3%
|
2.21
+3%
|
1.9
-14%
|
2.03
+7%
|
2.19
+8%
|
1.93
-12%
|
-0.25
N/A
|
-0.28
-12%
|
-0.34
-21%
|
-0.23
+32%
|
1.91
N/A
|
1.12
-41%
|
0.45
-60%
|
0.28
-38%
|
0.3
+7%
|
0.96
+220%
|
1.65
+72%
|
1.94
+18%
|
2.24
+15%
|
2.49
+11%
|
1.93
-22%
|
1.91
-1%
|
1.84
-4%
|
1.34
-27%
|
-0.46
N/A
|