THS · As filed with the SEC
TreeHouse Foods income statement, by fiscal year
The statement as TreeHouse Foods presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF OPERATIONS · USD, except per-share amounts
| USD, except per-share amounts | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 | FY2017 Year ended Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Net sales | 3,354,000,000 | 3,431,600,000 | 3,454,000,000 | 4,327,600,000 | 4,349,700,000 | 4,288,900,000 | — | — |
| Cost of sales | 2,805,600,000 | 2,855,500,000 | 2,939,100,000 | 3,629,500,000 | 3,547,500,000 | 3,492,100,000 | 4,856,700,000 | 5,223,100,000 |
| Gross profit | 548,400,000 | 576,100,000 | 514,900,000 | 698,100,000 | 802,200,000 | 796,800,000 | 955,400,000 | 1,084,000,000 |
| Operating expenses: | ||||||||
| Selling and distribution | 153,300,000 | 171,600,000 | 219,000,000 | 283,200,000 | 263,000,000 | 256,900,000 | 378,400,000 | 402,300,000 |
| General and administrative | 198,000,000 | 204,100,000 | 206,600,000 | 221,200,000 | 248,300,000 | 253,200,000 | 280,000,000 | 300,400,000 |
| Amortization expense | 48,600,000 | 48,200,000 | 47,900,000 | 72,700,000 | 70,700,000 | 74,100,000 | 86,400,000 | 114,100,000 |
| Asset impairment | — | — | — | 9,200,000 | 0 | 129,100,000 | 0 | 549,700,000 |
| Asset impairment | 19,300,000 | — | 0 | — | — | — | — | — |
| Other operating expense, net | 26,100,000 | 5,300,000 | 62,900,000 | 90,500,000 | 71,100,000 | 99,600,000 | 142,700,000 | 128,700,000 |
| Total operating expenses | 445,300,000 | 429,200,000 | 536,400,000 | 676,800,000 | 653,100,000 | 812,900,000 | 887,500,000 | 1,495,200,000 |
| Operating income (loss) | 103,100,000 | 146,900,000 | (21,500,000) | 21,300,000 | 149,100,000 | (16,100,000) | 67,900,000 | (411,200,000) |
| Other expense (income): | ||||||||
| Interest expense | — | 74,800,000 | 69,900,000 | 81,200,000 | 104,800,000 | 102,400,000 | 114,600,000 | 126,800,000 |
| Interest income | — | — | — | — | — | — | — | (4,300,000) |
| Interest expense | 63,400,000 | — | — | — | — | — | — | — |
| Interest income | (4,200,000) | (40,100,000) | (15,500,000) | — | — | — | — | — |
| Loss on extinguishment of debt | 0 | 0 | 4,500,000 | 14,400,000 | 1,200,000 | — | — | — |
| Loss (gain) on foreign currency exchange | 9,400,000 | (1,400,000) | 1,700,000 | (1,100,000) | (1,700,000) | (3,500,000) | 8,600,000 | (5,000,000) |
| Other expense (income), net | 1,400,000 | 30,200,000 | (74,300,000) | (41,700,000) | 27,700,000 | 40,800,000 | 29,500,000 | (4,100,000) |
| Total other expense (income) | 70,000,000 | 63,500,000 | (13,700,000) | 52,800,000 | 132,000,000 | 139,700,000 | 152,700,000 | 113,400,000 |
| Income (loss) before income taxes | — | — | — | — | 17,100,000 | (155,800,000) | (84,800,000) | (524,600,000) |
| Income before income taxes | 33,100,000 | 83,400,000 | (7,800,000) | (31,500,000) | — | — | — | — |
| Income tax expense | 6,200,000 | 24,400,000 | 8,300,000 | (4,400,000) | (32,100,000) | (45,500,000) | (23,400,000) | (238,400,000) |
| Net income (loss) from continuing operations | 26,900,000 | 59,000,000 | (16,100,000) | (27,100,000) | 49,200,000 | (110,300,000) | — | — |
| Net loss from discontinued operations | 0 | (5,900,000) | (130,200,000) | 14,600,000 | (35,400,000) | (250,700,000) | — | — |
| Net income (loss) | 26,900,000 | 53,100,000 | (146,300,000) | (12,500,000) | 13,800,000 | (361,000,000) | (61,400,000) | (286,200,000) |
| Earnings (loss) per common share - basic: | ||||||||
| Continuing operations (in usd per share) | 0.52 | 1.06 | (0.29) | (0.48) | 0.87 | (1.96) | — | — |
| Discontinued operations (in usd per share) | 0.00 | (0.11) | (2.33) | 0.26 | (0.63) | (4.46) | — | — |
| Earnings (loss) per share basic (in usd per share) | 0.52 | 0.95 | (2.61) | (0.22) | 0.24 | (6.42) | (1.10) | (5.01) |
| Earnings (loss) per common share - diluted: | ||||||||
| Continuing operations (in usd per share) | 0.51 | 1.05 | (0.29) | (0.48) | 0.87 | (1.96) | — | — |
| Discontinued operations (in usd per share) | 0.00 | (0.10) | (2.33) | 0.26 | (0.62) | (4.46) | — | — |
| Earnings (loss) per share diluted (in usd per share) | 0.51 | 0.94 | (2.61) | (0.22) | 0.24 | (6.42) | (1.10) | (5.01) |
| Weighted average common shares: | ||||||||
| Basic (in shares) | 52,200,000 | 55,800,000 | 56,000,000 | 55,900,000 | 56,500,000 | 56,200,000 | 56,000,000 | 57,100,000 |
| Diluted (in shares) | 52,600,000 | 56,400,000 | 56,000,000 | 55,900,000 | 56,700,000 | 56,200,000 | 56,000,000 | 57,100,000 |
| Net sales | — | — | — | — | — | — | 5,812,100,000 | — |
| Net sales | — | — | — | — | — | — | — | 6,307,100,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.