BELLRING BRANDS, INC.

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net Sales $827.5m $854.4m $988.3m $1.2b $1.4b $1.7b $2.0b $2.3b
Cost of goods sold $549.8m $542.6m $650.3m $860.9m $949.7m $1.1b $1.3b $1.5b
Gross profit $277.7m $311.8m $338.0m $386.2m $421.8m $530.2m $707.3m $770.4m
Amortization of intangible assets $22.8m $22.2m $22.2m $51.2m $19.7m $26.6m $35.0m $17.0m
Other operating income, net $0 $0 ($100k) $0 $0
Operating profit $119.8m $162.5m $164.0m $168.0m $212.4m $287.3m $387.7m $357.4m
Loss on refinancing of debt, net $0 $0 $1.6m $17.6m $0 $0
Earnings before income taxes $119.8m $162.5m $109.3m $123.2m $145.6m $220.4m $329.4m $289.0m
Net Earnings $0 $0 $23.5m $27.6m $82.3m $165.5m $246.5m $216.2m
Earnings per common share, basic (in usd per share) $0.00 $0.00 $0.60 $0.70 $0.88 $1.24 $1.89 $1.70
Earnings per common share, diluted (in usd per share) $0.00 $0.00 $0.60 $0.70 $0.88 $1.23 $1.86 $1.68
Weighted-Average common shares outstanding, basic (in shares) 0 0 39.4m 39.5m 93.5m 133.0m 130.3m 126.9m
Weighted-Average common shares outstanding, diluted (in shares) 0 0 39.5m 39.7m 93.8m 134.1m 132.3m 128.5m
Selling, general and administrative expenses $135.1m $127.1m $151.8m $167.1m $189.7m $216.3m $284.6m $396.0m
Interest expense, net $0 $0 $54.7m $43.2m $49.2m $66.9m $58.3m $68.4m
Income tax expense $23.7m $39.4m $9.2m $8.8m $29.6m $54.9m $82.9m $72.8m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.