Ferro Corp
NYSE:FOE
Income Statement
Earnings Waterfall
Ferro Corp
Revenue
|
1.1B
USD
|
Cost of Revenue
|
-781.7m
USD
|
Gross Profit
|
344.6m
USD
|
Operating Expenses
|
-217.8m
USD
|
Operating Income
|
126.8m
USD
|
Other Expenses
|
22m
USD
|
Net Income
|
148.9m
USD
|
Income Statement
Ferro Corp
Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
2 043
N/A
|
1 925
-6%
|
1 788
-7%
|
1 745
-2%
|
1 580
-9%
|
1 423
-10%
|
1 313
-8%
|
1 189
-9%
|
1 174
-1%
|
1 149
-2%
|
1 127
-2%
|
1 112
-1%
|
1 094
-2%
|
1 068
-2%
|
1 071
+0%
|
1 075
+0%
|
1 090
+1%
|
1 120
+3%
|
1 129
+1%
|
1 145
+1%
|
1 188
+4%
|
1 239
+4%
|
1 301
+5%
|
996
-23%
|
1 081
+9%
|
1 149
+6%
|
1 194
+4%
|
1 075
-10%
|
933
-13%
|
777
-17%
|
628
-19%
|
1 015
+62%
|
1 003
-1%
|
947
-6%
|
944
0%
|
959
+2%
|
995
+4%
|
1 085
+9%
|
1 120
+3%
|
1 126
+1%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 665)
|
(1 575)
|
(1 482)
|
(1 455)
|
(1 312)
|
(1 166)
|
(1 044)
|
(911)
|
(885)
|
(857)
|
(834)
|
(827)
|
(813)
|
(788)
|
(787)
|
(774)
|
(775)
|
(784)
|
(781)
|
(794)
|
(823)
|
(863)
|
(910)
|
(670)
|
(735)
|
(784)
|
(827)
|
(736)
|
(635)
|
(527)
|
(407)
|
(707)
|
(693)
|
(652)
|
(654)
|
(665)
|
(687)
|
(745)
|
(767)
|
(782)
|
|
Gross Profit |
378
N/A
|
349
-8%
|
306
-12%
|
290
-5%
|
268
-8%
|
257
-4%
|
268
+4%
|
278
+4%
|
289
+4%
|
292
+1%
|
293
+0%
|
285
-3%
|
281
-2%
|
280
0%
|
284
+2%
|
302
+6%
|
315
+5%
|
336
+7%
|
348
+4%
|
351
+1%
|
366
+4%
|
376
+3%
|
390
+4%
|
327
-16%
|
347
+6%
|
365
+5%
|
367
+1%
|
338
-8%
|
298
-12%
|
250
-16%
|
221
-12%
|
308
+40%
|
311
+1%
|
295
-5%
|
290
-2%
|
294
+1%
|
308
+5%
|
339
+10%
|
352
+4%
|
345
-2%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(329)
|
(334)
|
(334)
|
(304)
|
(280)
|
(272)
|
(260)
|
(151)
|
(147)
|
(138)
|
(137)
|
(286)
|
(285)
|
(288)
|
(285)
|
(217)
|
(220)
|
(225)
|
(233)
|
(242)
|
(249)
|
(252)
|
(260)
|
(212)
|
(225)
|
(233)
|
(234)
|
(220)
|
(204)
|
(187)
|
(170)
|
(212)
|
(211)
|
(209)
|
(209)
|
(202)
|
(200)
|
(209)
|
(215)
|
(218)
|
|
Selling, General & Administrative |
(332)
|
(330)
|
(328)
|
(298)
|
(280)
|
(272)
|
(261)
|
(151)
|
(147)
|
(139)
|
(138)
|
(287)
|
(285)
|
(288)
|
(285)
|
(217)
|
(220)
|
(225)
|
(232)
|
(242)
|
(238)
|
(240)
|
(244)
|
(212)
|
(223)
|
(221)
|
(214)
|
(220)
|
(204)
|
(187)
|
(171)
|
(160)
|
(161)
|
(161)
|
(161)
|
(161)
|
(160)
|
(168)
|
(176)
|
(180)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(11)
|
(21)
|
(30)
|
0
|
(31)
|
(30)
|
(30)
|
(44)
|
(43)
|
(41)
|
(41)
|
(36)
|
(35)
|
(34)
|
(34)
|
(33)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(4)
|
(7)
|
0
|
(7)
|
(7)
|
(6)
|
0
|
(6)
|
(7)
|
(6)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
|
Other Operating Expenses |
3
|
(4)
|
(7)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
(9)
|
0
|
16
|
16
|
16
|
0
|
36
|
36
|
36
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
49
N/A
|
16
-67%
|
(28)
N/A
|
(15)
+48%
|
(12)
+15%
|
(15)
-19%
|
8
N/A
|
127
+1 488%
|
142
+12%
|
154
+8%
|
155
+1%
|
(2)
N/A
|
(4)
-150%
|
(8)
-108%
|
(1)
+90%
|
85
N/A
|
95
+12%
|
111
+16%
|
116
+4%
|
110
-5%
|
117
+7%
|
123
+5%
|
130
+6%
|
115
-12%
|
122
+6%
|
132
+8%
|
133
+1%
|
119
-11%
|
93
-21%
|
63
-33%
|
50
-20%
|
96
+91%
|
100
+4%
|
87
-13%
|
81
-7%
|
91
+13%
|
108
+18%
|
131
+21%
|
137
+5%
|
127
-7%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(34)
|
(24)
|
(20)
|
(21)
|
(27)
|
(27)
|
(26)
|
(21)
|
(21)
|
(20)
|
(17)
|
(16)
|
(15)
|
(16)
|
(18)
|
(18)
|
(20)
|
(20)
|
(20)
|
(33)
|
(32)
|
(37)
|
(38)
|
(21)
|
(25)
|
(24)
|
(26)
|
(24)
|
(22)
|
(19)
|
(18)
|
(28)
|
(24)
|
(24)
|
(21)
|
(21)
|
(27)
|
(29)
|
(29)
|
(32)
|
|
Non-Reccuring Items |
(15)
|
(19)
|
(217)
|
(226)
|
(235)
|
(243)
|
(48)
|
(41)
|
(36)
|
(25)
|
(37)
|
(23)
|
(20)
|
(19)
|
(7)
|
(10)
|
(10)
|
(10)
|
(6)
|
(16)
|
(22)
|
(25)
|
(29)
|
(18)
|
(16)
|
(19)
|
(18)
|
(10)
|
(7)
|
(5)
|
(4)
|
(11)
|
(11)
|
(15)
|
(15)
|
(17)
|
(23)
|
(17)
|
(15)
|
(17)
|
|
Total Other Income |
(2)
|
(5)
|
(6)
|
(4)
|
6
|
7
|
8
|
13
|
3
|
0
|
0
|
(2)
|
(2)
|
2
|
2
|
(2)
|
2
|
1
|
0
|
1
|
0
|
(1)
|
1
|
8
|
4
|
6
|
4
|
(15)
|
(14)
|
(15)
|
(11)
|
(14)
|
(13)
|
(12)
|
(14)
|
(8)
|
(7)
|
(7)
|
(4)
|
34
|
|
Pre-Tax Income |
(3)
N/A
|
(33)
-1 126%
|
(272)
-721%
|
(265)
+2%
|
(268)
-1%
|
(278)
-4%
|
(58)
+79%
|
78
N/A
|
88
+12%
|
110
+25%
|
102
-7%
|
(43)
N/A
|
(40)
+7%
|
(41)
-2%
|
(24)
+42%
|
55
N/A
|
67
+23%
|
82
+23%
|
90
+9%
|
62
-30%
|
64
+2%
|
61
-5%
|
64
+6%
|
83
+30%
|
85
+2%
|
95
+12%
|
93
-3%
|
70
-25%
|
51
-28%
|
24
-52%
|
17
-30%
|
43
+153%
|
52
+22%
|
36
-30%
|
31
-15%
|
45
+45%
|
50
+12%
|
78
+55%
|
89
+14%
|
113
+27%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(12)
|
(3)
|
(100)
|
(109)
|
(107)
|
(104)
|
1
|
(14)
|
(16)
|
(19)
|
(23)
|
34
|
34
|
34
|
35
|
45
|
40
|
37
|
34
|
(18)
|
(17)
|
(17)
|
(18)
|
(46)
|
(47)
|
(49)
|
(53)
|
(14)
|
(9)
|
(2)
|
7
|
(8)
|
(10)
|
(8)
|
(9)
|
(15)
|
(17)
|
(26)
|
(34)
|
(39)
|
|
Income from Continuing Operations |
(15)
|
(36)
|
(371)
|
(374)
|
(375)
|
(382)
|
(57)
|
64
|
72
|
91
|
79
|
(9)
|
(6)
|
(7)
|
11
|
100
|
107
|
119
|
124
|
45
|
47
|
43
|
46
|
37
|
38
|
47
|
40
|
56
|
41
|
23
|
23
|
35
|
42
|
29
|
21
|
30
|
33
|
52
|
54
|
73
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
1
|
2
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Net Income (Common) |
(15)
N/A
|
(36)
-145%
|
(371)
-932%
|
(374)
-1%
|
(377)
-1%
|
(381)
-1%
|
(52)
+86%
|
72
N/A
|
88
+23%
|
100
+14%
|
135
+35%
|
86
-36%
|
80
-7%
|
77
-4%
|
25
-67%
|
64
+157%
|
43
-33%
|
56
+29%
|
51
-9%
|
(21)
N/A
|
11
N/A
|
13
+18%
|
45
+242%
|
57
+27%
|
59
+3%
|
67
+15%
|
61
-10%
|
80
+33%
|
70
-12%
|
52
-27%
|
48
-6%
|
6
-88%
|
9
+42%
|
(8)
N/A
|
(6)
+22%
|
43
N/A
|
135
+215%
|
156
+16%
|
152
-3%
|
149
-2%
|
|
EPS (Diluted) |
-0.17
N/A
|
-0.42
-147%
|
-4.3
-924%
|
-4.34
-1%
|
-4.36
0%
|
-4.36
N/A
|
-0.6
+86%
|
0.81
N/A
|
1
+23%
|
1.14
+14%
|
1.55
+36%
|
0.99
-36%
|
0.9
-9%
|
0.86
-4%
|
0.29
-66%
|
0.7
+141%
|
0.52
-26%
|
0.66
+27%
|
0.61
-8%
|
-0.25
N/A
|
0.13
N/A
|
0.15
+15%
|
0.52
+247%
|
0.66
+27%
|
0.68
+3%
|
0.79
+16%
|
0.71
-10%
|
0.93
+31%
|
0.85
-9%
|
0.62
-27%
|
0.59
-5%
|
0.07
-88%
|
0.1
+43%
|
-0.1
N/A
|
-0.07
+30%
|
0.51
N/A
|
1.63
+220%
|
1.88
+15%
|
1.81
-4%
|
1.78
-2%
|