Caesarstone Ltd
NASDAQ:CSTE
Income Statement
Earnings Waterfall
Caesarstone Ltd
Revenue
|
565.2m
USD
|
Cost of Revenue
|
-473.3m
USD
|
Gross Profit
|
91.9m
USD
|
Operating Expenses
|
-136.8m
USD
|
Operating Income
|
-44.9m
USD
|
Other Expenses
|
-62.8m
USD
|
Net Income
|
-107.7m
USD
|
Income Statement
Caesarstone Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
357
N/A
|
375
+5%
|
402
+7%
|
431
+7%
|
447
+4%
|
461
+3%
|
472
+2%
|
486
+3%
|
500
+3%
|
509
+2%
|
523
+3%
|
531
+1%
|
539
+1%
|
558
+4%
|
565
+1%
|
575
+2%
|
588
+2%
|
588
0%
|
588
+0%
|
581
-1%
|
576
-1%
|
568
-1%
|
560
-1%
|
555
-1%
|
546
-2%
|
544
0%
|
502
-8%
|
483
-4%
|
486
+1%
|
506
+4%
|
570
+13%
|
610
+7%
|
644
+6%
|
668
+4%
|
685
+3%
|
703
+3%
|
691
-2%
|
671
-3%
|
634
-5%
|
596
-6%
|
565
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(194)
|
(207)
|
(231)
|
(248)
|
(258)
|
(265)
|
(272)
|
(285)
|
(299)
|
(311)
|
(319)
|
(322)
|
(326)
|
(339)
|
(354)
|
(373)
|
(391)
|
(406)
|
(410)
|
(408)
|
(413)
|
(408)
|
(408)
|
(404)
|
(397)
|
(391)
|
(368)
|
(353)
|
(353)
|
(365)
|
(404)
|
(439)
|
(472)
|
(497)
|
(512)
|
(531)
|
(528)
|
(521)
|
(520)
|
(496)
|
(473)
|
|
Gross Profit |
162
N/A
|
167
+3%
|
170
+2%
|
182
+7%
|
190
+4%
|
196
+3%
|
201
+3%
|
201
+0%
|
200
0%
|
198
-1%
|
205
+4%
|
209
+2%
|
213
+2%
|
219
+3%
|
211
-4%
|
202
-4%
|
197
-2%
|
182
-8%
|
179
-2%
|
173
-3%
|
163
-5%
|
161
-2%
|
152
-5%
|
151
-1%
|
149
-1%
|
154
+3%
|
134
-13%
|
131
-3%
|
134
+3%
|
141
+5%
|
167
+18%
|
170
+2%
|
172
+1%
|
171
0%
|
173
+1%
|
172
-1%
|
163
-5%
|
150
-8%
|
114
-24%
|
100
-13%
|
92
-8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(86)
|
(87)
|
(89)
|
(91)
|
(95)
|
(97)
|
(98)
|
(100)
|
(99)
|
(102)
|
(106)
|
(110)
|
(114)
|
(120)
|
(123)
|
(127)
|
(132)
|
(129)
|
(130)
|
(127)
|
(122)
|
(121)
|
(116)
|
(114)
|
(112)
|
(114)
|
(108)
|
(103)
|
(104)
|
(106)
|
(121)
|
(132)
|
(141)
|
(145)
|
(149)
|
(152)
|
(150)
|
(150)
|
(145)
|
(141)
|
(137)
|
|
Selling, General & Administrative |
(84)
|
(85)
|
(87)
|
(88)
|
(92)
|
(95)
|
(95)
|
(97)
|
(96)
|
(99)
|
(102)
|
(107)
|
(111)
|
(116)
|
(120)
|
(123)
|
(128)
|
(125)
|
(126)
|
(123)
|
(118)
|
(117)
|
(111)
|
(109)
|
(108)
|
(110)
|
(104)
|
(100)
|
(100)
|
(102)
|
(117)
|
(128)
|
(137)
|
(141)
|
(145)
|
(148)
|
(146)
|
(146)
|
(140)
|
(136)
|
(132)
|
|
Research & Development |
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
|
Operating Income |
76
N/A
|
80
+6%
|
82
+2%
|
92
+13%
|
95
+3%
|
99
+4%
|
103
+5%
|
101
-2%
|
101
0%
|
95
-6%
|
99
+4%
|
99
0%
|
99
0%
|
100
+1%
|
88
-12%
|
75
-14%
|
65
-13%
|
53
-18%
|
49
-9%
|
46
-6%
|
42
-9%
|
40
-4%
|
36
-9%
|
37
+3%
|
37
0%
|
40
+8%
|
26
-34%
|
27
+3%
|
30
+10%
|
34
+16%
|
45
+31%
|
38
-16%
|
31
-19%
|
26
-15%
|
24
-6%
|
20
-19%
|
13
-34%
|
(0)
N/A
|
(31)
-30 800%
|
(41)
-34%
|
(45)
-9%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(3)
|
(5)
|
(2)
|
(1)
|
(1)
|
(0)
|
(2)
|
(3)
|
(1)
|
(2)
|
(3)
|
(3)
|
(5)
|
(5)
|
(6)
|
(6)
|
(4)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(8)
|
(6)
|
(4)
|
(5)
|
(1)
|
(10)
|
(6)
|
(6)
|
(9)
|
(7)
|
(12)
|
(2)
|
(4)
|
3
|
4
|
(1)
|
4
|
1
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(5)
|
(5)
|
(6)
|
(3)
|
(6)
|
(6)
|
(6)
|
(11)
|
(25)
|
(27)
|
(28)
|
(22)
|
(9)
|
(8)
|
(7)
|
(9)
|
(12)
|
(14)
|
(14)
|
(12)
|
(7)
|
(4)
|
(7)
|
(6)
|
(3)
|
(2)
|
1
|
0
|
(72)
|
(71)
|
(94)
|
(89)
|
(43)
|
|
Total Other Income |
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
|
|
Pre-Tax Income |
75
N/A
|
78
+4%
|
77
-1%
|
90
+16%
|
94
+5%
|
97
+3%
|
103
+6%
|
95
-7%
|
93
-2%
|
89
-5%
|
91
+2%
|
93
+3%
|
90
-4%
|
89
-1%
|
77
-13%
|
59
-23%
|
35
-41%
|
23
-33%
|
18
-22%
|
21
+17%
|
29
+37%
|
27
-6%
|
24
-14%
|
20
-15%
|
19
-4%
|
22
+15%
|
8
-65%
|
14
+79%
|
12
-12%
|
25
+100%
|
32
+30%
|
24
-27%
|
20
-16%
|
13
-35%
|
24
+84%
|
16
-33%
|
(56)
N/A
|
(68)
-22%
|
(126)
-87%
|
(126)
+0%
|
(87)
+31%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(10)
|
(11)
|
(13)
|
(14)
|
(14)
|
(15)
|
(15)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(10)
|
(8)
|
(7)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(5)
|
(6)
|
(6)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(4)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
1
|
(5)
|
(6)
|
(21)
|
|
Income from Continuing Operations |
64
|
67
|
66
|
77
|
80
|
83
|
88
|
81
|
80
|
75
|
78
|
81
|
77
|
76
|
64
|
49
|
27
|
17
|
13
|
16
|
25
|
23
|
18
|
15
|
13
|
16
|
4
|
9
|
8
|
19
|
26
|
19
|
18
|
11
|
21
|
14
|
(56)
|
(67)
|
(131)
|
(131)
|
(108)
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
1
|
0
|
0
|
(0)
|
(1)
|
(0)
|
0
|
0
|
1
|
|
Net Income (Common) |
63
N/A
|
66
+4%
|
65
-2%
|
75
+16%
|
78
+5%
|
82
+4%
|
86
+6%
|
80
-8%
|
78
-2%
|
73
-6%
|
76
+3%
|
78
+3%
|
75
-5%
|
74
-1%
|
63
-15%
|
48
-24%
|
26
-45%
|
17
-37%
|
13
-21%
|
17
+28%
|
24
+47%
|
23
-8%
|
18
-20%
|
15
-19%
|
13
-11%
|
16
+23%
|
4
-77%
|
9
+158%
|
7
-23%
|
19
+160%
|
26
+41%
|
19
-26%
|
19
-2%
|
11
-43%
|
20
+86%
|
14
-32%
|
(57)
N/A
|
(67)
-18%
|
(131)
-95%
|
(131)
0%
|
(108)
+18%
|
|
EPS (Diluted) |
1.8
N/A
|
1.87
+4%
|
1.82
-3%
|
2.11
+16%
|
2.22
+5%
|
2.3
+4%
|
2.44
+6%
|
2.25
-8%
|
2.19
-3%
|
2.07
-5%
|
2.15
+4%
|
2.26
+5%
|
2.15
-5%
|
2.14
0%
|
1.83
-14%
|
1.38
-25%
|
0.76
-45%
|
0.47
-38%
|
0.37
-21%
|
0.48
+30%
|
0.71
+48%
|
0.66
-7%
|
0.53
-20%
|
0.43
-19%
|
0.37
-14%
|
0.47
+27%
|
0.11
-77%
|
0.27
+145%
|
0.21
-22%
|
0.54
+157%
|
0.76
+41%
|
0.56
-26%
|
0.55
-2%
|
0.32
-42%
|
0.59
+84%
|
0.41
-31%
|
-1.65
N/A
|
-1.94
-18%
|
-3.78
-95%
|
-3.8
-1%
|
-3.12
+18%
|