Stock Analysis on Net
Stock Analysis on Net

Reynolds American Inc. (NYSE:RAI)

This company has been moved to the archive! The financial data has not been updated since May 3, 2017.

Common-Size Income Statement 

Reynolds American Inc., common-size consolidated income statement

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12 months ended: Dec 31, 2016 Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012
Net sales, includes excise taxes 98.66 98.26 97.43 97.18 97.20
Net sales, related party 1.34 1.74 2.57 2.82 2.80
Net sales, includes excise taxes 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of products sold, excludes excise taxes -28.74 -31.50 -33.55 -30.74 -35.34
Excise taxes -25.78 -28.28 -29.97 -31.17 -32.08
Gross profit 45.48% 40.22% 36.48% 38.09% 32.58%
Selling, general and administrative expenses -11.46 -14.10 -15.47 -11.61 -12.02
Gain on divestitures 28.86 21.37 0.00 0.00 0.00
Amortization expense -0.14 -0.12 -0.09 -0.04 -0.17
Asset impairment and exit charges 0.00 -0.67 0.00 0.00 0.00
Trademark and other intangible asset impairment charges 0.00 0.00 0.00 -0.27 -1.06
Restructuring charge 0.00 0.00 0.00 0.00 -1.22
Operating income 62.74% 46.71% 20.92% 26.17% 18.11%
Interest and debt expense -3.72 -3.83 -2.36 -2.16 -1.91
Interest income 0.05 0.04 0.02 0.04 0.06
Other income (expense), net -1.54 -0.03 0.12 -1.14 -0.28
Income from continuing operations before income taxes 57.53% 42.89% 18.70% 22.91% 15.97%
Provision for income taxes -21.48 -21.04 -6.75 -8.55 -5.57
Income from continuing operations 36.05% 21.86% 11.95% 14.36% 10.40%
Income from discontinued operations, net of tax 0.00 0.00 0.21 0.00 0.00
Net income 36.05% 21.86% 12.15% 14.36% 10.40%

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Reynolds American Inc. operating income as a percentage of net sales, includes excise taxes increased from 2014 to 2015 and from 2015 to 2016.
Income from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reynolds American Inc. income from continuing operations before income taxes as a percentage of net sales, includes excise taxes increased from 2014 to 2015 and from 2015 to 2016.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reynolds American Inc. net income as a percentage of net sales, includes excise taxes increased from 2014 to 2015 and from 2015 to 2016.