Marshalls PLC
LSE:MSLH
Income Statement
Earnings Waterfall
Marshalls PLC
Revenue
|
671.2m
GBP
|
Cost of Revenue
|
-248.3m
GBP
|
Gross Profit
|
422.9m
GBP
|
Operating Expenses
|
-367.3m
GBP
|
Operating Income
|
55.6m
GBP
|
Other Expenses
|
-37m
GBP
|
Net Income
|
18.6m
GBP
|
Income Statement
Marshalls PLC
Dec-2003 | Jun-2004 | Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
350
N/A
|
339
-3%
|
328
-3%
|
341
+4%
|
359
+5%
|
372
+4%
|
378
+2%
|
390
+3%
|
403
+3%
|
404
+0%
|
378
-6%
|
333
-12%
|
312
-6%
|
308
-1%
|
309
+0%
|
324
+5%
|
334
+3%
|
320
-4%
|
301
-6%
|
294
-2%
|
307
+4%
|
331
+8%
|
359
+8%
|
378
+5%
|
386
+2%
|
390
+1%
|
397
+2%
|
414
+4%
|
430
+4%
|
455
+6%
|
491
+8%
|
527
+7%
|
542
+3%
|
472
-13%
|
469
-1%
|
557
+19%
|
589
+6%
|
640
+9%
|
719
+12%
|
725
+1%
|
671
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(125)
|
(241)
|
(243)
|
(233)
|
(160)
|
(98)
|
(101)
|
(109)
|
(113)
|
(118)
|
(114)
|
(107)
|
(110)
|
(119)
|
(127)
|
(134)
|
(138)
|
(140)
|
(141)
|
(145)
|
(153)
|
(159)
|
(165)
|
(178)
|
(194)
|
(199)
|
(183)
|
(183)
|
(213)
|
(231)
|
(247)
|
(274)
|
(266)
|
(248)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
85
N/A
|
162
+89%
|
162
0%
|
145
-11%
|
173
+19%
|
213
+24%
|
207
-3%
|
200
-4%
|
210
+5%
|
216
+3%
|
206
-4%
|
194
-6%
|
184
-5%
|
189
+3%
|
204
+8%
|
225
+10%
|
239
+7%
|
247
+3%
|
248
+1%
|
252
+2%
|
261
+3%
|
272
+4%
|
291
+7%
|
313
+8%
|
333
+7%
|
343
+3%
|
290
-16%
|
286
-1%
|
345
+20%
|
359
+4%
|
392
+9%
|
445
+14%
|
459
+3%
|
423
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(296)
|
(287)
|
(281)
|
(295)
|
(315)
|
(327)
|
(330)
|
(216)
|
(110)
|
(112)
|
(111)
|
(155)
|
(198)
|
(194)
|
(187)
|
(196)
|
(201)
|
(194)
|
(183)
|
(172)
|
(173)
|
(182)
|
(198)
|
(206)
|
(209)
|
(206)
|
(205)
|
(209)
|
(217)
|
(232)
|
(247)
|
(262)
|
(268)
|
(250)
|
(260)
|
(281)
|
(282)
|
(330)
|
(352)
|
(358)
|
(367)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(46)
|
(92)
|
(94)
|
(92)
|
(86)
|
(84)
|
(82)
|
(81)
|
(85)
|
(88)
|
(87)
|
(82)
|
(76)
|
(81)
|
(88)
|
(93)
|
(96)
|
(111)
|
(98)
|
(98)
|
(100)
|
(101)
|
(107)
|
(117)
|
(126)
|
(128)
|
(116)
|
(123)
|
(134)
|
(131)
|
(142)
|
(156)
|
(159)
|
(152)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
(3)
|
0
|
(4)
|
0
|
(5)
|
0
|
(6)
|
0
|
(3)
|
0
|
(3)
|
0
|
(3)
|
0
|
(4)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
(22)
|
(23)
|
(22)
|
(21)
|
(20)
|
(19)
|
(19)
|
(19)
|
(18)
|
(17)
|
(15)
|
(14)
|
(14)
|
(14)
|
(13)
|
(14)
|
(14)
|
(13)
|
(13)
|
(14)
|
(14)
|
(16)
|
(16)
|
(23)
|
(30)
|
(29)
|
(30)
|
(31)
|
(31)
|
(32)
|
(42)
|
(48)
|
(43)
|
|
Other Operating Expenses |
(296)
|
(287)
|
(281)
|
(295)
|
(315)
|
(327)
|
(330)
|
(159)
|
4
|
4
|
4
|
(48)
|
(94)
|
(93)
|
(88)
|
(91)
|
(95)
|
(90)
|
(86)
|
(81)
|
(78)
|
(80)
|
(91)
|
(96)
|
(80)
|
(96)
|
(90)
|
(96)
|
(98)
|
(109)
|
(109)
|
(113)
|
(104)
|
(105)
|
(104)
|
(115)
|
(117)
|
(156)
|
(150)
|
(151)
|
(168)
|
|
Operating Income |
53
N/A
|
51
-4%
|
47
-9%
|
46
-2%
|
44
-3%
|
45
+2%
|
48
+6%
|
50
+5%
|
52
+4%
|
49
-6%
|
34
-31%
|
18
-48%
|
16
-11%
|
14
-13%
|
13
-8%
|
15
+15%
|
15
+2%
|
12
-20%
|
11
-8%
|
13
+15%
|
16
+27%
|
22
+36%
|
27
+24%
|
33
+23%
|
38
+14%
|
42
+10%
|
48
+14%
|
52
+9%
|
55
+6%
|
58
+6%
|
66
+13%
|
71
+8%
|
75
+5%
|
39
-47%
|
26
-33%
|
64
+142%
|
77
+19%
|
63
-18%
|
93
+48%
|
102
+9%
|
56
-45%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(3)
|
(4)
|
(7)
|
(8)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(6)
|
(12)
|
(11)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(4)
|
(5)
|
(11)
|
(16)
|
(17)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(4)
|
(30)
|
(35)
|
(7)
|
(1)
|
0
|
3
|
2
|
(19)
|
(20)
|
(2)
|
0
|
0
|
(2)
|
(2)
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(19)
|
(17)
|
0
|
(0)
|
(0)
|
(45)
|
(54)
|
(15)
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(2)
|
1
|
1
|
1
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(3)
|
(3)
|
(0)
|
(2)
|
(2)
|
|
Pre-Tax Income |
50
N/A
|
48
-5%
|
40
-16%
|
38
-5%
|
38
N/A
|
39
+2%
|
42
+7%
|
44
+6%
|
42
-4%
|
37
-11%
|
(5)
N/A
|
(23)
-416%
|
(2)
+90%
|
2
N/A
|
10
+512%
|
15
+39%
|
14
-6%
|
(10)
N/A
|
(12)
-23%
|
7
N/A
|
13
+81%
|
19
+46%
|
22
+18%
|
29
+30%
|
35
+21%
|
40
+12%
|
46
+16%
|
50
+9%
|
52
+4%
|
55
+7%
|
63
+14%
|
68
+7%
|
70
+3%
|
17
-76%
|
5
-72%
|
59
+1 178%
|
69
+17%
|
54
-22%
|
37
-32%
|
30
-19%
|
22
-26%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(16)
|
(15)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(12)
|
(11)
|
(2)
|
4
|
2
|
0
|
(2)
|
(2)
|
(2)
|
4
|
6
|
1
|
(0)
|
(2)
|
(4)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(3)
|
(2)
|
(12)
|
(14)
|
(13)
|
(11)
|
(8)
|
(4)
|
|
Income from Continuing Operations |
35
|
33
|
28
|
26
|
26
|
27
|
29
|
31
|
30
|
27
|
(6)
|
(19)
|
(1)
|
2
|
8
|
13
|
12
|
(6)
|
(6)
|
9
|
13
|
17
|
18
|
23
|
28
|
32
|
38
|
41
|
42
|
45
|
52
|
55
|
58
|
14
|
3
|
47
|
55
|
42
|
27
|
22
|
19
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
2
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
1
|
0
|
|
Net Income (Common) |
34
N/A
|
35
+1%
|
31
-10%
|
59
+90%
|
58
-3%
|
27
-53%
|
29
+7%
|
31
+8%
|
30
-4%
|
27
-11%
|
(6)
N/A
|
(19)
-203%
|
(1)
+96%
|
2
N/A
|
7
+329%
|
7
-3%
|
7
+4%
|
(6)
N/A
|
(6)
+3%
|
10
N/A
|
14
+47%
|
18
+30%
|
20
+9%
|
25
+24%
|
28
+14%
|
32
+13%
|
37
+17%
|
41
+9%
|
43
+4%
|
45
+6%
|
52
+16%
|
56
+8%
|
58
+4%
|
14
-76%
|
2
-83%
|
47
+1 892%
|
55
+16%
|
42
-24%
|
27
-36%
|
23
-15%
|
19
-18%
|
|
EPS (Diluted) |
0.19
N/A
|
0.18
-5%
|
0.19
+6%
|
0.37
+95%
|
0.36
-3%
|
0.17
-53%
|
0.18
+6%
|
0.19
+6%
|
0.19
N/A
|
0.17
-11%
|
-0.05
N/A
|
-0.13
-160%
|
0
N/A
|
0.01
N/A
|
0.04
+300%
|
0.03
-25%
|
0.03
N/A
|
-0.03
N/A
|
-0.03
N/A
|
0.05
N/A
|
0.07
+40%
|
0.09
+29%
|
0.1
+11%
|
0.12
+20%
|
0.14
+17%
|
0.16
+14%
|
0.19
+19%
|
0.2
+5%
|
0.21
+5%
|
0.23
+10%
|
0.26
+13%
|
0.28
+8%
|
0.29
+4%
|
0.07
-76%
|
0.01
-86%
|
0.23
+2 200%
|
0.27
+17%
|
0.2
-26%
|
0.11
-45%
|
0.09
-18%
|
0.07
-22%
|