Tesco PLC
LSE:TSCO
Income Statement
Earnings Waterfall
Tesco PLC
Income Statement
Tesco PLC
| Feb-2002 | Aug-2002 | Feb-2003 | Aug-2003 | Aug-2004 | Feb-2005 | Aug-2005 | Feb-2006 | Aug-2006 | Feb-2007 | Aug-2007 | Feb-2008 | Aug-2008 | Feb-2009 | Aug-2009 | Feb-2010 | Aug-2010 | Feb-2011 | Aug-2011 | Feb-2012 | Aug-2012 | Feb-2013 | Aug-2013 | Feb-2014 | Aug-2014 | Feb-2015 | Aug-2015 | Feb-2016 | Aug-2016 | Feb-2017 | Aug-2017 | Feb-2018 | Aug-2018 | Feb-2019 | Aug-2019 | Feb-2020 | Aug-2020 | Feb-2021 | Aug-2021 | Feb-2022 | Aug-2022 | Feb-2023 | Aug-2023 | Feb-2024 | Aug-2024 | Feb-2025 | Aug-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
202
|
0
|
227
|
0
|
116
|
235
|
251
|
241
|
232
|
216
|
0
|
250
|
0
|
400
|
0
|
531
|
0
|
465
|
0
|
411
|
0
|
444
|
0
|
458
|
190
|
398
|
397
|
387
|
426
|
436
|
390
|
338
|
575
|
798
|
723
|
698
|
685
|
664
|
644
|
613
|
596
|
602
|
651
|
691
|
691
|
769
|
795
|
|
| Revenue |
23 653
N/A
|
24 769
+5%
|
26 337
+6%
|
28 099
+7%
|
15 143
-46%
|
33 974
+124%
|
35 893
+6%
|
39 454
+10%
|
43 019
+9%
|
42 641
-1%
|
44 537
+4%
|
47 298
+6%
|
50 112
+6%
|
54 327
+8%
|
56 235
+4%
|
56 910
+1%
|
58 638
+3%
|
60 931
+4%
|
62 757
+3%
|
64 539
+3%
|
64 033
-1%
|
64 826
+1%
|
64 014
-1%
|
63 557
-1%
|
59 509
-6%
|
56 925
-4%
|
56 025
-2%
|
53 933
-4%
|
54 305
+1%
|
55 917
+3%
|
56 918
+2%
|
57 493
+1%
|
60 888
+6%
|
63 911
+5%
|
60 689
-5%
|
58 091
-4%
|
58 297
+0%
|
57 887
-1%
|
59 585
+3%
|
61 344
+3%
|
63 447
+3%
|
65 322
+3%
|
66 604
+2%
|
68 187
+2%
|
68 811
+1%
|
69 916
+2%
|
71 179
+2%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(22 273)
|
(23 326)
|
(24 777)
|
(26 413)
|
(14 044)
|
(31 845)
|
(33 120)
|
(36 426)
|
(39 789)
|
(39 401)
|
(41 122)
|
(43 668)
|
(46 335)
|
(50 109)
|
(51 763)
|
(52 303)
|
(53 748)
|
(55 871)
|
(57 491)
|
(59 278)
|
(58 864)
|
(60 737)
|
(59 898)
|
(58 813)
|
(56 762)
|
(54 247)
|
(58 028)
|
(51 124)
|
(51 314)
|
(52 899)
|
(53 779)
|
(54 092)
|
(56 943)
|
(59 325)
|
(56 043)
|
(53 601)
|
(53 825)
|
(53 948)
|
(55 370)
|
(56 574)
|
(58 838)
|
(60 932)
|
(62 052)
|
(63 334)
|
(63 827)
|
(64 546)
|
(65 690)
|
|
| Gross Profit |
1 380
N/A
|
1 443
+5%
|
1 560
+8%
|
1 686
+8%
|
1 099
-35%
|
2 129
+94%
|
2 773
+30%
|
3 028
+9%
|
3 230
+7%
|
3 240
+0%
|
3 415
+5%
|
3 630
+6%
|
3 777
+4%
|
4 218
+12%
|
4 472
+6%
|
4 607
+3%
|
4 890
+6%
|
5 060
+3%
|
5 266
+4%
|
5 261
0%
|
5 169
-2%
|
4 089
-21%
|
4 116
+1%
|
4 744
+15%
|
2 747
-42%
|
2 678
-3%
|
(2 003)
N/A
|
2 809
N/A
|
2 991
+6%
|
3 018
+1%
|
3 139
+4%
|
3 401
+8%
|
3 945
+16%
|
4 586
+16%
|
4 646
+1%
|
4 490
-3%
|
4 472
0%
|
3 939
-12%
|
4 215
+7%
|
4 770
+13%
|
4 609
-3%
|
4 390
-5%
|
4 552
+4%
|
4 853
+7%
|
4 984
+3%
|
5 370
+8%
|
5 489
+2%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(58)
|
(59)
|
(76)
|
(102)
|
(295)
|
(180)
|
(657)
|
(825)
|
(817)
|
(907)
|
(559)
|
(1 027)
|
(848)
|
(1 248)
|
(1 148)
|
(1 527)
|
(1 206)
|
(1 676)
|
(1 241)
|
(1 652)
|
(1 116)
|
(1 562)
|
(2 172)
|
(1 477)
|
(1 467)
|
(1 738)
|
(3 591)
|
(1 824)
|
(1 782)
|
(1 738)
|
(1 705)
|
(1 755)
|
(1 968)
|
(2 057)
|
(1 892)
|
(1 815)
|
(1 850)
|
(1 843)
|
(1 942)
|
(2 060)
|
(2 035)
|
(1 957)
|
(2 034)
|
(2 098)
|
(2 097)
|
(2 318)
|
(2 412)
|
|
| Selling, General & Administrative |
(48)
|
(49)
|
(55)
|
(63)
|
(317)
|
(118)
|
(745)
|
(825)
|
(871)
|
(907)
|
(955)
|
(1 027)
|
(1 076)
|
(1 248)
|
(1 460)
|
(1 527)
|
(1 609)
|
(1 676)
|
(1 657)
|
(1 652)
|
(1 589)
|
(1 562)
|
(1 585)
|
(1 657)
|
(1 713)
|
(1 690)
|
(2 614)
|
(1 836)
|
(1 785)
|
(1 734)
|
(1 734)
|
(1 786)
|
(1 926)
|
(1 979)
|
(1 814)
|
(1 736)
|
(1 763)
|
(1 767)
|
(1 866)
|
(1 984)
|
(1 959)
|
(1 881)
|
(1 959)
|
(2 024)
|
(2 022)
|
(2 242)
|
(2 336)
|
|
| Depreciation & Amortization |
(10)
|
(10)
|
(21)
|
(39)
|
0
|
(62)
|
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
|
(40)
|
(78)
|
(78)
|
(79)
|
(77)
|
(76)
|
(76)
|
(76)
|
(76)
|
(76)
|
(75)
|
(74)
|
(75)
|
(76)
|
(76)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
22
|
0
|
88
|
0
|
54
|
0
|
396
|
0
|
228
|
0
|
312
|
0
|
403
|
0
|
416
|
0
|
473
|
0
|
(587)
|
180
|
246
|
(48)
|
(977)
|
12
|
3
|
(4)
|
29
|
31
|
0
|
0
|
0
|
0
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
1 322
N/A
|
1 384
+5%
|
1 484
+7%
|
1 584
+7%
|
804
-49%
|
1 949
+142%
|
2 116
+9%
|
2 203
+4%
|
2 413
+10%
|
2 333
-3%
|
2 856
+22%
|
2 603
-9%
|
2 929
+13%
|
2 970
+1%
|
3 324
+12%
|
3 080
-7%
|
3 684
+20%
|
3 384
-8%
|
4 025
+19%
|
3 609
-10%
|
4 053
+12%
|
2 527
-38%
|
1 944
-23%
|
3 267
+68%
|
1 280
-61%
|
940
-27%
|
(5 594)
N/A
|
985
N/A
|
1 209
+23%
|
1 280
+6%
|
1 434
+12%
|
1 646
+15%
|
1 977
+20%
|
2 529
+28%
|
2 754
+9%
|
2 675
-3%
|
2 622
-2%
|
2 096
-20%
|
2 273
+8%
|
2 710
+19%
|
2 574
-5%
|
2 433
-5%
|
2 518
+3%
|
2 755
+9%
|
2 887
+5%
|
3 052
+6%
|
3 077
+1%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(111)
|
(109)
|
(110)
|
(121)
|
(39)
|
(40)
|
(75)
|
(45)
|
2
|
5
|
(6)
|
12
|
(13)
|
(252)
|
(390)
|
(233)
|
(249)
|
(258)
|
(181)
|
(168)
|
(285)
|
(266)
|
(314)
|
(266)
|
(333)
|
(357)
|
(348)
|
(462)
|
(770)
|
(513)
|
(251)
|
(112)
|
(566)
|
(888)
|
(968)
|
(1 075)
|
(928)
|
(837)
|
(547)
|
(466)
|
(685)
|
(603)
|
(392)
|
(507)
|
(455)
|
(443)
|
(524)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
77
|
0
|
315
|
0
|
188
|
0
|
236
|
0
|
377
|
0
|
427
|
0
|
376
|
0
|
(339)
|
0
|
(636)
|
0
|
(6 690)
|
0
|
(69)
|
(53)
|
(428)
|
(351)
|
(10)
|
(20)
|
114
|
(75)
|
(477)
|
(471)
|
(549)
|
(429)
|
(150)
|
(597)
|
(943)
|
(373)
|
48
|
41
|
(373)
|
(400)
|
|
| Gain/Loss on Disposition of Assets |
(10)
|
(10)
|
(13)
|
(9)
|
0
|
53
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(48)
|
0
|
(18)
|
0
|
18
|
0
|
38
|
0
|
(106)
|
(94)
|
(227)
|
(274)
|
(252)
|
(212)
|
(194)
|
(205)
|
(224)
|
(181)
|
(138)
|
(129)
|
(95)
|
(72)
|
(74)
|
(69)
|
(61)
|
(6)
|
(5)
|
(106)
|
(7)
|
(9)
|
(21)
|
(25)
|
|
| Pre-Tax Income |
1 201
N/A
|
1 265
+5%
|
1 361
+8%
|
1 454
+7%
|
765
-47%
|
1 962
+156%
|
2 041
+4%
|
2 235
+10%
|
2 415
+8%
|
2 653
+10%
|
2 850
+7%
|
2 803
-2%
|
2 916
+4%
|
2 954
+1%
|
2 934
-1%
|
3 176
+8%
|
3 435
+8%
|
3 535
+3%
|
3 844
+9%
|
3 835
0%
|
3 768
-2%
|
1 960
-48%
|
1 630
-17%
|
2 259
+39%
|
853
-62%
|
(6 334)
N/A
|
(6 216)
+2%
|
202
N/A
|
174
-14%
|
145
-17%
|
627
+332%
|
1 300
+107%
|
1 210
-7%
|
1 617
+34%
|
1 582
-2%
|
1 028
-35%
|
1 151
+12%
|
636
-45%
|
1 228
+93%
|
2 033
+66%
|
1 286
-37%
|
882
-31%
|
1 647
+87%
|
2 289
+39%
|
2 464
+8%
|
2 215
-10%
|
2 128
-4%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(371)
|
(386)
|
(415)
|
(448)
|
(220)
|
(593)
|
(586)
|
(649)
|
(701)
|
(772)
|
(806)
|
(673)
|
(708)
|
(788)
|
(783)
|
(840)
|
(857)
|
(864)
|
(890)
|
(879)
|
(789)
|
(574)
|
(436)
|
(347)
|
(103)
|
670
|
624
|
54
|
66
|
(87)
|
(183)
|
(306)
|
(295)
|
(347)
|
(355)
|
(290)
|
(311)
|
(104)
|
(263)
|
(510)
|
(341)
|
(224)
|
(354)
|
(525)
|
(607)
|
(611)
|
(596)
|
|
| Income from Continuing Operations |
830
|
879
|
946
|
1 006
|
545
|
1 369
|
1 455
|
1 586
|
1 714
|
1 881
|
2 044
|
2 130
|
2 208
|
2 166
|
2 151
|
2 336
|
2 578
|
2 671
|
2 954
|
2 956
|
2 979
|
1 386
|
1 194
|
1 912
|
750
|
(5 664)
|
(5 592)
|
256
|
240
|
58
|
444
|
994
|
915
|
1 270
|
1 227
|
738
|
840
|
532
|
965
|
1 523
|
945
|
658
|
1 293
|
1 764
|
1 857
|
1 604
|
1 532
|
|
| Income to Minority Interest |
0
|
0
|
0
|
(2)
|
(2)
|
(3)
|
(3)
|
(6)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(9)
|
(12)
|
(16)
|
(17)
|
(8)
|
(2)
|
4
|
4
|
4
|
4
|
25
|
28
|
9
|
15
|
14
|
7
|
(2)
|
(4)
|
0
|
0
|
(2)
|
(7)
|
(4)
|
1
|
(2)
|
(7)
|
1
|
4
|
(4)
|
(2)
|
(4)
|
(4)
|
|
| Net Income (Common) |
830
N/A
|
879
+6%
|
946
+8%
|
1 004
+6%
|
543
-46%
|
1 366
+152%
|
1 442
+6%
|
1 570
+9%
|
1 717
+9%
|
1 892
+10%
|
2 040
+8%
|
2 124
+4%
|
2 202
+4%
|
2 161
-2%
|
2 146
-1%
|
2 327
+8%
|
2 484
+7%
|
2 655
+7%
|
2 848
+7%
|
2 806
-1%
|
2 664
-5%
|
124
-95%
|
(387)
N/A
|
974
N/A
|
160
-84%
|
(5 741)
N/A
|
(6 112)
-6%
|
138
N/A
|
412
+199%
|
(40)
N/A
|
681
N/A
|
1 208
+77%
|
916
-24%
|
1 270
+39%
|
1 256
-1%
|
971
-23%
|
1 107
+14%
|
5 954
+438%
|
6 275
+5%
|
1 481
-76%
|
940
-37%
|
737
-22%
|
1 424
+93%
|
1 188
-17%
|
1 312
+10%
|
1 626
+24%
|
1 525
-6%
|
|
| EPS (Diluted) |
0.12
N/A
|
0.12
N/A
|
0.13
+8%
|
0.14
+8%
|
0.07
-50%
|
0.18
+157%
|
0.18
N/A
|
0.2
+11%
|
0.22
+10%
|
0.23
+5%
|
0.26
+13%
|
0.27
+4%
|
0.28
+4%
|
0.27
-4%
|
0.27
N/A
|
0.29
+7%
|
0.32
+10%
|
0.33
+3%
|
0.37
+12%
|
0.34
-8%
|
0.33
-3%
|
0.01
-97%
|
-0.04
N/A
|
0.12
N/A
|
0.01
-92%
|
-0.7
N/A
|
-0.75
-7%
|
0.04
N/A
|
0.05
+25%
|
0.01
-80%
|
0.08
+700%
|
0.18
+125%
|
0.11
-39%
|
0.16
+45%
|
0.16
N/A
|
0.12
-25%
|
0.14
+17%
|
0.78
+457%
|
0.8
+3%
|
0.2
-75%
|
0.12
-40%
|
0.09
-25%
|
0.18
+100%
|
0.16
-11%
|
0.18
+12%
|
0.23
+28%
|
0.23
N/A
|
|