← NEWELL BRANDS 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 | $13.3b | $14.7b | $8.6b | $9.7b | $9.4b | $10.6b | $9.5b | $8.1b | $7.6b | $7.2b | |
| Cost of Revenue | $8.9b | $9.7b | $5.6b | $6.5b | $6.3b | $7.3b | $6.6b | $5.8b | $5.0b | $4.8b | |
| Gross Profit | $4.4b | $5.1b | $3.0b | $3.2b | $3.1b | $3.3b | $2.8b | $2.4b | $2.5b | $2.4b | |
| Operating Income (Loss) | $1.1b | $1.2b | ($7.8b) | ($481.7m) | ($634.0m) | $946.0m | $312.0m | ($85.0m) | $67.0m | $39.0m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $223.1m | $352.0m | — | — | — | — | — | $109.0m | $135.0m | $125.0m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | — | — | — | ($2.0m) | — | |
| Goodwill, Impairment Loss | — | $0 | $3.9b | $159.6m | $212.0m | — | $164.0m | $241.0m | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $814.5m | $1.4b | $8.3b | $851.6m | $1.0b | $693.0m | $157.0m | $543.0m | $260.0m | ($746.0m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $1 | $6 | ($14) | $0 | ($2) | $1 | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $1 | $6 | ($14) | $0 | ($2) | $1 | $0 | ($1) | ($1) | ($1) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $814.5m | $1.4b | ($8.3b) | ($851.6m) | ($1.0b) | $693.0m | $157.0m | ($543.0m) | ($260.0m) | ($301.0m) | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | ($1.3m) | — | — | — | — | $2.0m | $129.0m | $121.0m | $91.0m | $9.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $528.5m | $2.7b | ($6.8b) | $186.1m | ($770.0m) | $572.0m | $129.0m | $121.0m | $91.0m | $9.0m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($700k) | — | ($128.3m) | ($79.5m) | $0 | $0 | $129.0m | $121.0m | $91.0m | $9.0m | |
| Net Income (Loss) Attributable to Parent | $527.8m | $2.7b | ($6.9b) | $106.6m | ($770.0m) | $572.0m | $197.0m | ($388.0m) | ($216.0m) | ($285.0m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | $527.8m | — | — | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | $2.1m | $4.0m | ($2.0m) | — | — | — | — | |
| Earnings Per Share, Basic | $1.25 | $5.65 | ($14.60) | $0.25 | ($1.82) | $1.34 | $0.47 | ($0.94) | ($0.52) | ($0.68) | |
| Earnings Per Share, Diluted | $1.25 | $5.63 | ($14.60) | $0.25 | ($1.82) | $1.34 | $0.47 | ($0.94) | ($0.52) | ($0.68) | |
| Common Stock, Dividends, Per Share, Declared | $0.76 | $0.88 | ($14.60) | $0.25 | $0.92 | $0.92 | $0.92 | $0.44 | $0.28 | $0.28 | |
| Weighted Average Number of Shares Outstanding, Basic | 421.3m | 486.7m | 473.7m | 423.3m | 424.1m | 425.3m | 415.7m | 414.1m | 415.5m | 418.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 423.1m | 488.0m | 473.7m | 423.9m | 424.1m | 428.0m | 417.4m | 414.1m | 415.5m | 418.2m | |
| Selling, General and Administrative Expense | $3.2b | $3.7b | $2.4b | $2.5b | $2.2b | $2.3b | $2.0b | $2.0b | $2.1b | $2.0b | |
| Other Nonoperating Income (Expense) | $166.5m | $704.5m | $11.2m | ($38.3m) | ($78.0m) | $8.0m | $81.0m | ($175.0m) | ($18.0m) | ($6.0m) | |
| Current Income Tax Expense (Benefit) | $252.4m | $462.0m | $355.9m | $61.2m | $25.0m | $162.0m | ($137.0m) | $128.0m | $70.0m | $50.0m | |
| Environmental Remediation Expense | — | — | — | — | $42.0m | $36.0m | — | — | — | — | |
| Interest Expense | — | — | — | — | $274.0m | $256.0m | $235.0m | $283.0m | — | — | |
| Operating Lease, Expense | — | — | — | $223.0m | — | — | — | — | — | — | |
| Research and Development Expense | $188.2m | — | $135.0m | $149.0m | $144.0m | $153.0m | $140.0m | $117.0m | $123.0m | $114.0m | |
| Income Tax Expense (Benefit) | $286.0m | ($1.3b) | ($1.5b) | ($1.0b) | ($236.0m) | $121.0m | ($40.0m) | ($155.0m) | ($44.0m) | ($16.0m) | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | $2.7m | $2.4m | — | — | — | — | — | — | — | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | — | — | — | ($295.0m) | ($321.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.