← JELD-WEN Holding, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.7b | $3.8b | $4.3b | $4.3b | $4.2b | $4.8b | $5.1b | $4.3b | $3.8b | $3.2b | |
| Cost of Goods and Services Sold | $2.9b | $2.9b | $3.4b | $3.4b | $3.3b | $3.8b | $4.2b | $3.5b | $3.1b | $2.7b | |
| Cost of sales | $2.9b | $2.9b | $3.4b | $3.4b | $3.3b | $3.8b | $4.2b | $3.5b | $3.1b | $2.7b | |
| Gross Profit (derived) | $774.6m | $849.4m | $923.7m | $872.5m | $901.9m | $975.3m | $945.4m | $832.6m | $689.0m | $514.2m | |
| Selling, general and administrative | $565.6m | $585.1m | $733.7m | $660.6m | $702.7m | $704.9m | $766.1m | $655.3m | $652.5m | $551.1m | |
| Operating Income (Loss) | — | $263.9m | $172.7m | $190.4m | $188.7m | $267.4m | $106.2m | $141.6m | ($126.4m) | ($416.0m) | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | $15.9m | $22.2m | $31.0m | $28.5m | $33.1m | $32.7m | $36.5m | $33.4m | $22.7m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | ($10.4m) | $10.2m | $7.4m | ($11.9m) | $9.9m | $2.3m | $1.6m | ($553k) | ($2.9m) | |
| Foreign Currency Transaction Gain (Loss), Realized | — | $2.2m | ($8k) | ($3.4m) | ($12.9m) | $13.8m | ($14.5m) | ($595k) | $3.1m | — | |
| Gain (Loss) Related to Litigation Settlement | — | $2.5m | $7.5m | $1.2m | $0 | $0 | $10.5m | $0 | $0 | $3.8m | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | $0 | $54.9m | $0 | $94.8m | $334.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | ($7.3m) | ($1.7m) | ($784k) | ($8.8m) | $55.6m | $61.8m | $11.2m | ($133.0m) | ($321.5m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | $0 | $1 | — | — | — | — | $0 | ($2) | ($7) | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | $0 | $1 | — | — | — | — | $0 | ($2) | ($7) | |
| Income (Loss) from Equity Method Investments | — | $3.6m | $738k | $0 | $0 | — | — | — | — | — | |
| Other Income | — | — | — | — | — | — | — | — | — | $9.1m | |
| Preferred Stock Dividends and Other Adjustments | — | $10.5m | $0 | $0 | — | — | — | — | — | — | |
| Gross margin | $774.6m | $848.2m | $923.7m | $872.5m | $901.9m | $975.3m | $945.4m | $832.6m | $689.0m | $514.2m | |
| Goodwill impairment (Note 6) | — | $0 | $0 | $0 | $0 | $0 | $54.9m | $0 | $94.8m | $334.6m | |
| Restructuring and asset-related charges, net (Note 19) | — | — | — | — | $10.5m | $3.0m | $18.2m | $35.7m | $68.1m | $44.5m | |
| Operating (loss) income | $195.1m | $250.1m | $172.7m | $190.4m | $188.7m | $267.4m | $106.2m | $141.6m | ($126.4m) | ($416.0m) | |
| Loss on extinguishment and refinancing of debt (Note 12) | $0 | $23.3m | $0 | — | — | $1.3m | $0 | $6.5m | $1.9m | $237k | |
| Other income, net (Note 22) | ($12.8m) | $2.0m | ($13.0m) | ($1.4m) | ($2.8m) | ($14.5m) | ($54.9m) | ($25.7m) | ($24.8m) | ($9.1m) | |
| (Loss) income from continuing operations before taxes | — | — | — | $120.0m | $116.7m | $204.4m | $79.0m | $88.6m | ($170.8m) | ($474.3m) | |
| (Loss) income from continuing operations, net of tax | $376.7m | $7.2m | $143.5m | $63.0m | $91.6m | $131.3m | $12.2m | $25.2m | ($187.6m) | ($622.2m) | |
| Gain (loss) on sale of discontinued operations, net of tax (Note 2) | — | — | — | — | — | $0 | $0 | $15.7m | ($1.4m) | $1.0m | |
| Income from discontinued operations, net of tax (Note 2) | ($3.3m) | $0 | $0 | — | — | $37.5m | $33.5m | $21.5m | $0 | $0 | |
| Net (loss) income | $377.2m | $10.8m | $144.3m | $63.0m | $91.6m | $168.8m | $45.7m | $62.4m | ($189.0m) | ($621.2m) | |
| Basic (in shares) | $18.0m | $97.5m | $1 | $1 | $1 | $2 | $1 | $1 | ($2) | ($7) | |
| Diluted (in shares) | $18.0m | $101.5m | $1 | $1 | $1 | $2 | $1 | $1 | ($2) | ($7) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | $120.0m | $116.7m | $204.4m | $79.0m | $88.6m | ($170.8m) | ($474.3m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $329k | $144.4m | $63.0m | $91.6m | — | — | $25.2m | ($187.6m) | ($622.2m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $7.2m | $143.5m | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($3.3m) | $0 | $0 | — | — | $37.5m | $33.5m | $21.5m | $0 | $0 | |
| Investment Income, Net | — | — | — | — | — | — | — | $3.1m | $0 | $0 | |
| Net Income (Loss) Attributable to Parent | $377.2m | $10.8m | $144.3m | $63.0m | $91.6m | $168.8m | $45.7m | $62.4m | ($189.0m) | ($621.2m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | $329k | $144.4m | $63.0m | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $0 | ($87k) | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | — | $0.00 | $1.38 | $0.63 | $0.91 | $1.75 | $0.53 | $0.73 | ($2.22) | ($7.29) | |
| Earnings Per Share, Diluted | — | $0.00 | $1.36 | $0.62 | $0.90 | $1.72 | $0.53 | $0.73 | ($2.22) | ($7.29) | |
| Weighted Average Number of Shares Outstanding, Basic | — | 97.5m | 104.5m | 100.6m | 100.6m | 96.6m | 86.4m | 85.0m | 85.0m | 85.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | 101.5m | 106.4m | 101.5m | 101.7m | 98.4m | 87.1m | 85.9m | 85.0m | 85.3m | |
| Selling, General and Administrative Expense | — | $572.5m | $733.7m | $660.6m | $702.7m | $704.9m | $766.1m | $655.3m | $652.5m | $551.1m | |
| Other Nonoperating Income (Expense) | — | ($15.9m) | $13.0m | $1.4m | $2.8m | $14.5m | $54.9m | $25.7m | $24.8m | $9.1m | |
| Business Combination, Acquisition Related Costs | — | $3.5m | $10.3m | $15.0m | — | — | — | $6.6m | $15.3m | — | |
| Environmental Remediation Expense | — | — | — | — | $7.5m | $3.8m | — | — | — | — | |
| Restructuring Costs | — | $11.6m | $16.1m | — | — | — | — | — | — | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $67.2m | $67.2m | |
| Interest Expense | — | — | — | — | — | — | — | $72.3m | — | — | |
| Interest expense, net (Note 21) | $77.6m | $79.0m | $70.8m | $71.8m | $74.8m | $77.6m | $82.1m | $72.3m | $67.2m | $67.2m | |
| Current Income Tax Expense (Benefit) | — | $41.8m | $26.7m | $35.2m | $34.2m | $50.5m | $37.7m | $39.7m | $33.7m | $11.0m | |
| Income tax expense (Note 15) | ($246.4m) | $138.6m | ($8.0m) | $57.1m | $25.1m | $35.5m | $33.3m | $63.3m | $16.8m | $147.9m | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | $0 | $0 | |
| Income Tax Expense (Benefit) | ($246.4m) | $138.6m | ($8.0m) | $57.1m | $25.1m | $35.5m | $33.3m | $63.3m | $16.8m | $147.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.