Meritor Inc
NYSE:MTOR
Income Statement
Earnings Waterfall
Meritor Inc
Revenue
|
4.1B
USD
|
Cost of Revenue
|
-3.6B
USD
|
Gross Profit
|
506m
USD
|
Operating Expenses
|
-271m
USD
|
Operating Income
|
235m
USD
|
Other Expenses
|
-15m
USD
|
Net Income
|
220m
USD
|
Income Statement
Meritor Inc
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 | Mar-2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||||
Revenue |
4 649
N/A
|
4 384
-6%
|
4 116
-6%
|
3 864
-6%
|
3 744
-3%
|
3 672
-2%
|
3 681
+0%
|
3 727
+1%
|
3 713
0%
|
3 744
+1%
|
3 723
-1%
|
3 633
-2%
|
3 563
-2%
|
3 505
-2%
|
3 435
-2%
|
3 392
-1%
|
3 324
-2%
|
3 199
-4%
|
3 089
-3%
|
3 074
0%
|
3 153
+3%
|
3 347
+6%
|
3 551
+6%
|
3 811
+7%
|
4 020
+5%
|
4 178
+4%
|
4 313
+3%
|
4 403
+2%
|
4 440
+1%
|
4 388
-1%
|
4 251
-3%
|
3 966
-7%
|
3 314
-16%
|
3 044
-8%
|
3 032
0%
|
3 144
+4%
|
3 646
+16%
|
3 833
+5%
|
3 928
+2%
|
4 099
+4%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 159)
|
(3 902)
|
(3 657)
|
(3 444)
|
(3 347)
|
(3 277)
|
(3 264)
|
(3 287)
|
(3 258)
|
(3 252)
|
(3 221)
|
(3 134)
|
(3 064)
|
(3 043)
|
(2 984)
|
(2 935)
|
(2 864)
|
(2 763)
|
(2 668)
|
(2 653)
|
(2 717)
|
(2 850)
|
(3 011)
|
(3 221)
|
(3 402)
|
(3 553)
|
(3 679)
|
(3 766)
|
(3 794)
|
(3 748)
|
(3 625)
|
(3 400)
|
(2 899)
|
(2 716)
|
(2 716)
|
(2 794)
|
(3 192)
|
(3 328)
|
(3 411)
|
(3 593)
|
|
Gross Profit |
490
N/A
|
482
-2%
|
459
-5%
|
420
-8%
|
397
-5%
|
395
-1%
|
417
+6%
|
440
+6%
|
455
+3%
|
492
+8%
|
502
+2%
|
499
-1%
|
499
N/A
|
462
-7%
|
451
-2%
|
457
+1%
|
460
+1%
|
436
-5%
|
421
-3%
|
421
N/A
|
436
+4%
|
497
+14%
|
540
+9%
|
590
+9%
|
618
+5%
|
625
+1%
|
634
+1%
|
637
+0%
|
646
+1%
|
640
-1%
|
626
-2%
|
566
-10%
|
415
-27%
|
328
-21%
|
316
-4%
|
350
+11%
|
454
+30%
|
505
+11%
|
517
+2%
|
506
-2%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(269)
|
(281)
|
(278)
|
(276)
|
(306)
|
(361)
|
(358)
|
(358)
|
(333)
|
(279)
|
(283)
|
(274)
|
(264)
|
(303)
|
(300)
|
(306)
|
(310)
|
(230)
|
(226)
|
(219)
|
(222)
|
(249)
|
(258)
|
(286)
|
(288)
|
(300)
|
(299)
|
(288)
|
(291)
|
(300)
|
(305)
|
(34)
|
(20)
|
31
|
35
|
(232)
|
(242)
|
(274)
|
(269)
|
(271)
|
|
Selling, General & Administrative |
(266)
|
(277)
|
(274)
|
(272)
|
(267)
|
(249)
|
(251)
|
(252)
|
(262)
|
(282)
|
(283)
|
(274)
|
(266)
|
(243)
|
(239)
|
(242)
|
(245)
|
(227)
|
(220)
|
(214)
|
(217)
|
(242)
|
(253)
|
(272)
|
(274)
|
(286)
|
(286)
|
(286)
|
(286)
|
(287)
|
(292)
|
(278)
|
(257)
|
(221)
|
(216)
|
(226)
|
(243)
|
(270)
|
(267)
|
(268)
|
|
Other Operating Expenses |
(3)
|
(4)
|
(4)
|
(4)
|
(39)
|
(112)
|
(107)
|
(106)
|
(71)
|
3
|
0
|
0
|
2
|
(60)
|
(61)
|
(64)
|
(65)
|
(3)
|
(6)
|
(5)
|
(5)
|
(7)
|
(5)
|
(14)
|
(14)
|
(14)
|
(13)
|
(2)
|
(5)
|
(13)
|
(13)
|
244
|
237
|
252
|
251
|
(6)
|
1
|
(4)
|
(2)
|
(3)
|
|
Operating Income |
221
N/A
|
201
-9%
|
181
-10%
|
144
-20%
|
91
-37%
|
34
-63%
|
59
+74%
|
82
+39%
|
122
+49%
|
213
+75%
|
219
+3%
|
225
+3%
|
235
+4%
|
159
-32%
|
151
-5%
|
151
N/A
|
150
-1%
|
206
+37%
|
195
-5%
|
202
+4%
|
214
+6%
|
248
+16%
|
282
+14%
|
304
+8%
|
330
+9%
|
325
-2%
|
335
+3%
|
349
+4%
|
355
+2%
|
340
-4%
|
321
-6%
|
532
+66%
|
395
-26%
|
359
-9%
|
351
-2%
|
118
-66%
|
212
+80%
|
231
+9%
|
248
+7%
|
235
-5%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(34)
|
(43)
|
(54)
|
(60)
|
(77)
|
41
|
42
|
18
|
227
|
98
|
107
|
134
|
(73)
|
(66)
|
(68)
|
(70)
|
(53)
|
(48)
|
(47)
|
(46)
|
(42)
|
172
|
164
|
167
|
169
|
(40)
|
(26)
|
(25)
|
(25)
|
(26)
|
(29)
|
(30)
|
(43)
|
(52)
|
(61)
|
(63)
|
(57)
|
(45)
|
(34)
|
(23)
|
|
Non-Reccuring Items |
(26)
|
(28)
|
(10)
|
(13)
|
(42)
|
(27)
|
(22)
|
(13)
|
23
|
10
|
8
|
7
|
(22)
|
(31)
|
(24)
|
(23)
|
(11)
|
(2)
|
(5)
|
(19)
|
(24)
|
(30)
|
(43)
|
(30)
|
(34)
|
(41)
|
2
|
6
|
13
|
23
|
(13)
|
(16)
|
(24)
|
(27)
|
(28)
|
(28)
|
(22)
|
(13)
|
(11)
|
(9)
|
|
Total Other Income |
13
|
7
|
3
|
2
|
1
|
3
|
3
|
3
|
3
|
0
|
2
|
4
|
3
|
5
|
4
|
0
|
1
|
(1)
|
(2)
|
0
|
1
|
(9)
|
6
|
14
|
22
|
34
|
30
|
31
|
32
|
40
|
39
|
44
|
46
|
46
|
50
|
59
|
59
|
61
|
61
|
52
|
|
Pre-Tax Income |
174
N/A
|
137
-21%
|
120
-12%
|
73
-39%
|
(27)
N/A
|
51
N/A
|
82
+61%
|
90
+10%
|
375
+317%
|
321
-14%
|
336
+5%
|
370
+10%
|
143
-61%
|
67
-53%
|
63
-6%
|
58
-8%
|
87
+50%
|
155
+78%
|
141
-9%
|
137
-3%
|
149
+9%
|
381
+156%
|
409
+7%
|
455
+11%
|
487
+7%
|
278
-43%
|
341
+23%
|
361
+6%
|
375
+4%
|
377
+1%
|
318
-16%
|
530
+67%
|
374
-29%
|
326
-13%
|
312
-4%
|
86
-72%
|
192
+123%
|
234
+22%
|
264
+13%
|
255
-3%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(57)
|
(57)
|
(47)
|
(37)
|
(26)
|
(64)
|
(65)
|
(66)
|
(77)
|
(32)
|
(28)
|
(26)
|
(20)
|
(1)
|
(1)
|
(2)
|
(4)
|
424
|
425
|
419
|
416
|
(52)
|
(52)
|
(62)
|
(76)
|
(60)
|
(82)
|
(86)
|
(84)
|
(85)
|
(70)
|
(116)
|
(80)
|
(78)
|
(72)
|
(21)
|
(48)
|
(24)
|
(29)
|
(22)
|
|
Income from Continuing Operations |
117
|
80
|
73
|
36
|
(53)
|
(13)
|
17
|
24
|
298
|
289
|
308
|
344
|
123
|
66
|
62
|
56
|
83
|
579
|
566
|
556
|
565
|
329
|
357
|
393
|
411
|
218
|
259
|
275
|
291
|
292
|
248
|
414
|
294
|
248
|
240
|
65
|
144
|
210
|
235
|
233
|
|
Income to Minority Interest |
(13)
|
(11)
|
(7)
|
(3)
|
(1)
|
(2)
|
(4)
|
(6)
|
(6)
|
(5)
|
(4)
|
(2)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(5)
|
(4)
|
(5)
|
(7)
|
(7)
|
(9)
|
(9)
|
(8)
|
(8)
|
(5)
|
(5)
|
(4)
|
(3)
|
(4)
|
(3)
|
(5)
|
(6)
|
(10)
|
(13)
|
(13)
|
|
Net Income (Common) |
78
N/A
|
52
-33%
|
53
+2%
|
29
-45%
|
(58)
N/A
|
(22)
+62%
|
10
N/A
|
15
+50%
|
287
+1 813%
|
249
-13%
|
267
+7%
|
309
+16%
|
88
-72%
|
64
-27%
|
61
-5%
|
50
-18%
|
78
+56%
|
573
+635%
|
562
-2%
|
552
-2%
|
559
+1%
|
324
-42%
|
273
-16%
|
308
+13%
|
324
+5%
|
117
-64%
|
243
+108%
|
258
+6%
|
280
+9%
|
291
+4%
|
240
-18%
|
409
+70%
|
287
-30%
|
245
-15%
|
238
-3%
|
60
-75%
|
138
+130%
|
199
+44%
|
221
+11%
|
220
0%
|
|
EPS (Diluted) |
0.8
N/A
|
0.53
-34%
|
0.54
+2%
|
0.29
-46%
|
-0.59
N/A
|
-0.22
+63%
|
0.1
N/A
|
0.15
+50%
|
2.83
+1 787%
|
2.5
-12%
|
2.63
+5%
|
3
+14%
|
0.87
-71%
|
0.67
-23%
|
0.64
-4%
|
0.54
-16%
|
0.84
+56%
|
6.47
+670%
|
6.34
-2%
|
6
-5%
|
5.99
0%
|
3.65
-39%
|
3.08
-16%
|
3.37
+9%
|
3.6
+7%
|
1.28
-64%
|
2.79
+118%
|
3.03
+9%
|
3.27
+8%
|
3.4
+4%
|
2.97
-13%
|
5.43
+83%
|
3.98
-27%
|
3.33
-16%
|
3.25
-2%
|
0.81
-75%
|
1.89
+133%
|
2.77
+47%
|
3.1
+12%
|
3.07
-1%
|