CSW Industrials Inc
NASDAQ:CSWI
Income Statement
Earnings Waterfall
CSW Industrials Inc
Revenue
|
777.8m
USD
|
Cost of Revenue
|
-435.3m
USD
|
Gross Profit
|
342.5m
USD
|
Operating Expenses
|
-187.9m
USD
|
Operating Income
|
154.6m
USD
|
Other Expenses
|
-57.6m
USD
|
Net Income
|
97m
USD
|
Income Statement
CSW Industrials Inc
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 |
262
N/A
|
282
+8%
|
298
+6%
|
308
+3%
|
320
+4%
|
315
-2%
|
293
-7%
|
287
-2%
|
288
+0%
|
293
+2%
|
315
+8%
|
319
+1%
|
326
+2%
|
327
+0%
|
334
+2%
|
342
+3%
|
350
+2%
|
363
+4%
|
373
+3%
|
379
+2%
|
386
+2%
|
375
-3%
|
378
+1%
|
384
+2%
|
419
+9%
|
490
+17%
|
540
+10%
|
587
+9%
|
626
+7%
|
665
+6%
|
701
+5%
|
736
+5%
|
758
+3%
|
761
+0%
|
774
+2%
|
778
+0%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(135)
|
(149)
|
(157)
|
(164)
|
(172)
|
(169)
|
(155)
|
(154)
|
(159)
|
(160)
|
(176)
|
(177)
|
(178)
|
(178)
|
(183)
|
(188)
|
(189)
|
(196)
|
(201)
|
(204)
|
(209)
|
(202)
|
(204)
|
(209)
|
(235)
|
(279)
|
(315)
|
(349)
|
(371)
|
(390)
|
(408)
|
(428)
|
(440)
|
(437)
|
(440)
|
(435)
|
|
Gross Profit |
126
N/A
|
133
+5%
|
141
+6%
|
144
+2%
|
148
+3%
|
146
-2%
|
138
-5%
|
133
-3%
|
129
-3%
|
133
+3%
|
140
+5%
|
142
+2%
|
148
+4%
|
148
+0%
|
151
+2%
|
155
+3%
|
161
+4%
|
166
+3%
|
172
+3%
|
175
+2%
|
177
+1%
|
172
-2%
|
174
+1%
|
175
+1%
|
185
+5%
|
211
+14%
|
225
+7%
|
237
+5%
|
256
+8%
|
275
+8%
|
293
+6%
|
307
+5%
|
318
+4%
|
324
+2%
|
334
+3%
|
342
+2%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||
Operating Expenses |
(82)
|
(89)
|
(88)
|
(95)
|
(100)
|
(104)
|
(103)
|
(98)
|
(96)
|
(91)
|
(98)
|
(98)
|
(98)
|
(97)
|
(97)
|
(100)
|
(101)
|
(104)
|
(106)
|
(108)
|
(110)
|
(104)
|
(110)
|
(110)
|
(118)
|
(139)
|
(150)
|
(152)
|
(159)
|
(164)
|
(172)
|
(177)
|
(179)
|
(181)
|
(184)
|
(188)
|
|
Selling, General & Administrative |
(76)
|
(83)
|
(83)
|
(90)
|
(96)
|
(101)
|
(100)
|
(97)
|
(91)
|
(91)
|
(98)
|
(98)
|
(94)
|
(97)
|
(97)
|
(100)
|
(97)
|
(104)
|
(106)
|
(108)
|
(106)
|
(110)
|
(109)
|
(110)
|
(113)
|
(131)
|
(142)
|
(152)
|
(154)
|
(164)
|
(172)
|
(177)
|
(174)
|
(181)
|
(184)
|
(188)
|
|
Research & Development |
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
(8)
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
45
N/A
|
44
-1%
|
53
+21%
|
49
-8%
|
48
-3%
|
42
-12%
|
35
-16%
|
35
-1%
|
33
-4%
|
41
+24%
|
42
+1%
|
45
+7%
|
50
+12%
|
51
+2%
|
53
+5%
|
55
+3%
|
60
+10%
|
63
+4%
|
66
+5%
|
67
+2%
|
67
0%
|
69
+3%
|
64
-7%
|
65
+2%
|
67
+2%
|
72
+7%
|
76
+5%
|
85
+12%
|
97
+14%
|
111
+14%
|
121
+8%
|
130
+8%
|
139
+7%
|
143
+3%
|
150
+5%
|
155
+3%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(10)
|
(13)
|
(15)
|
(16)
|
(14)
|
|
Non-Reccuring Items |
(1)
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
7
|
(1)
|
0
|
0
|
(8)
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
2
|
1
|
(0)
|
(0)
|
(0)
|
0
|
1
|
2
|
3
|
2
|
2
|
2
|
1
|
2
|
1
|
1
|
2
|
2
|
(13)
|
(14)
|
(7)
|
(14)
|
(0)
|
(0)
|
(6)
|
(6)
|
(6)
|
(5)
|
(1)
|
0
|
0
|
(1)
|
(0)
|
0
|
2
|
(6)
|
|
Pre-Tax Income |
45
N/A
|
44
-2%
|
51
+16%
|
46
-10%
|
44
-5%
|
38
-14%
|
32
-15%
|
32
+1%
|
32
-1%
|
41
+27%
|
41
+1%
|
44
+7%
|
48
+9%
|
50
+4%
|
53
+5%
|
54
+3%
|
61
+13%
|
63
+3%
|
59
-7%
|
59
0%
|
57
-2%
|
53
-7%
|
62
+17%
|
56
-10%
|
51
-9%
|
62
+23%
|
65
+5%
|
74
+14%
|
92
+23%
|
105
+15%
|
113
+7%
|
119
+5%
|
126
+6%
|
128
+2%
|
137
+6%
|
135
-1%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(15)
|
(18)
|
(17)
|
(19)
|
(17)
|
(16)
|
(16)
|
(14)
|
(17)
|
(17)
|
(19)
|
(15)
|
(13)
|
(12)
|
(10)
|
(15)
|
(15)
|
(14)
|
(14)
|
(13)
|
(12)
|
(14)
|
(12)
|
(10)
|
(13)
|
(14)
|
(16)
|
(24)
|
(28)
|
(29)
|
(30)
|
(28)
|
(29)
|
(32)
|
(36)
|
|
Income from Continuing Operations |
30
|
29
|
33
|
29
|
26
|
21
|
17
|
16
|
18
|
24
|
25
|
25
|
34
|
37
|
41
|
44
|
47
|
48
|
44
|
45
|
45
|
41
|
49
|
44
|
41
|
50
|
52
|
59
|
68
|
78
|
84
|
90
|
98
|
99
|
105
|
99
|
|
Income to Minority Interest |
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)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
|
Net Income (Common) |
30
N/A
|
29
-4%
|
33
+17%
|
29
-13%
|
26
-12%
|
21
-18%
|
12
-44%
|
10
-14%
|
11
+9%
|
15
+39%
|
19
+23%
|
(16)
N/A
|
(12)
+23%
|
(9)
+27%
|
(1)
+91%
|
38
N/A
|
46
+19%
|
49
+8%
|
43
-13%
|
45
+5%
|
46
+1%
|
43
-7%
|
50
+18%
|
45
-10%
|
40
-11%
|
49
+21%
|
50
+4%
|
57
+14%
|
66
+16%
|
77
+16%
|
83
+8%
|
89
+8%
|
96
+8%
|
98
+1%
|
103
+6%
|
97
-6%
|
|
EPS (Diluted) |
1.9
N/A
|
1.83
-4%
|
2.13
+16%
|
1.85
-13%
|
1.62
-12%
|
1.34
-17%
|
0.73
-46%
|
0.64
-12%
|
0.7
+9%
|
0.96
+37%
|
1.18
+23%
|
-0.98
N/A
|
-0.75
+23%
|
-0.54
+28%
|
-0.05
+91%
|
2.48
N/A
|
2.94
+19%
|
3.23
+10%
|
2.81
-13%
|
2.94
+5%
|
3
+2%
|
2.87
-4%
|
3.38
+18%
|
2.98
-12%
|
2.65
-11%
|
3.07
+16%
|
3.18
+4%
|
3.63
+14%
|
4.21
+16%
|
4.89
+16%
|
5.35
+9%
|
5.76
+8%
|
6.21
+8%
|
6.29
+1%
|
6.62
+5%
|
6.22
-6%
|