← BIO-TECHNE Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $499.0m | $563.0m | $643.0m | $714.0m | $738.7m | $931.0m | $1.1b | $1.1b | $1.2b | $1.2b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $643.0m | $714.0m | $738.7m | — | — | — | — | — | |
| Cost of Revenue | $162.4m | $188.5m | $210.8m | $240.5m | $255.5m | $298.2m | $349.1m | $366.9m | $389.3m | $429.4m | |
| Gross Profit | $336.7m | $374.5m | $432.1m | $473.5m | $483.2m | $632.9m | $756.5m | $769.8m | $769.7m | $790.3m | |
| Operating Expenses | $186.1m | $254.0m | $296.0m | $326.8m | $325.8m | $395.6m | $459.9m | $470.9m | $563.0m | $688.0m | |
| Operating Income (Loss) | $150.6m | $120.6m | $136.2m | $146.7m | $157.4m | $237.3m | $296.6m | $298.9m | $206.7m | $102.3m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | $44.4m | $47.1m | $58.7m | $61.1m | $64.9m | $74.1m | $77.5m | $79.9m | $76.0m | |
| Debt and Equity Securities, Realized Gain (Loss) | — | — | — | — | — | — | — | — | $300k | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | $49.3m | $283k | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | — | — | ($3.5m) | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | ($825k) | ($9.0m) | $179k | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $120.2m | $81.7m | $81.6m | $64.1m | $245.4m | $95.7m | $255.1m | $288.5m | $174.8m | $86.8m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | ($1.1m) | ($6.8m) | $938k | |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | — | — | — | — | — | — | — | — | ($13.5m) | ($11.2m) | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | — | $108k | $105k | $224k | $86k | $121k | $70k | $33k | $37k | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $147.5m | $112.0m | $126.0m | $112.0m | $276.5m | $148.2m | $301.4m | $338.7m | $185.7m | $98.5m | |
| Investment Income, Net | $249k | $304k | $409k | $569k | $605k | $473k | $794k | $3.4m | $3.3m | $3.9m | |
| Net Income (Loss) Attributable to Parent | $104.5m | $76.1m | $126.2m | $96.1m | $229.3m | $140.4m | $272.1m | $285.3m | $168.1m | $73.4m | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | $126.0m | $96.0m | $229.1m | $140.3m | $271.9m | $285.2m | $168.1m | $73.4m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | $0 | $0 | $0 | $0 | ($825k) | ($9.0m) | $179k | — | — | |
| Earnings Per Share, Basic | $2.81 | $2.04 | $3.36 | $2.54 | $6.00 | $3.62 | $6.93 | $1.81 | $1.07 | $0.47 | |
| Earnings Per Share, Diluted | $2.80 | $2.03 | $3.31 | $2.47 | $5.82 | $3.47 | $6.63 | $1.76 | $1.05 | $0.46 | |
| Common Stock, Dividends, Per Share, Declared | $1.28 | $1.28 | $1.28 | $1.28 | $1.28 | $1.28 | $1.28 | $0.32 | $0.32 | $0.32 | |
| Weighted Average Number of Shares Outstanding, Basic | 37.2m | 37.3m | 37.5m | 37.8m | 38.2m | 38.7m | 39.2m | 157.2m | 157.7m | 157.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 37.3m | 37.5m | 38.1m | 38.9m | 39.4m | 40.5m | 41.0m | 161.9m | 160.8m | 159.7m | |
| Selling, General and Administrative Expense | $140.9m | $200.4m | $240.6m | $264.4m | $260.6m | $325.0m | $372.8m | $378.4m | $466.4m | $588.5m | |
| Other Nonoperating Income (Expense) | ($1.6m) | ($1.6m) | ($447k) | ($13.6m) | $137.7m | ($75.6m) | $15.3m | $47.5m | ($8.6m) | $831k | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $15.7m | $8.5m | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | ($19.1m) | ($10.0m) | $7.0m | — | |
| Current Income Tax Expense (Benefit) | — | — | $45.7m | $30.0m | $33.6m | $36.6m | $31.2m | $83.0m | $57.7m | $76.2m | |
| Interest Expense | $1.7m | $7.4m | $10.2m | $21.7m | $19.2m | $14.0m | $11.3m | $11.2m | $15.7m | $8.5m | |
| Income Tax Expense (Benefit) | $43.0m | $35.9m | ($198k) | $15.9m | $47.2m | $8.6m | $38.3m | $53.2m | $17.6m | $25.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.