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
Quarterly Data

Reynolds American Inc., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012
Net sales, includes excise taxes 99.03 98.52 98.75 98.75 98.61 98.65 98.49 98.41 97.17 97.92 97.78 97.05 96.91 97.16 97.43 97.09 97.04 97.35 96.88 97.28 97.30
Net sales, related party 0.97 1.48 1.25 1.25 1.39 1.35 1.51 1.59 2.83 2.08 2.22 2.95 3.09 2.84 2.57 2.91 2.96 2.65 3.12 2.72 2.70
Net sales, includes excise taxes 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of products sold, excludes excise taxes -30.50 -28.49 -27.46 -29.55 -29.52 -32.02 -32.05 -31.98 -29.34 -37.53 -32.29 -31.05 -33.44 -33.15 -32.31 -31.59 -25.35 -37.06 -34.79 -34.71 -34.80
Excise taxes -24.98 -25.11 -25.98 -25.96 -26.10 -27.56 -27.85 -29.12 -29.00 -29.43 -30.04 -30.01 -30.42 -31.09 -31.28 -31.09 -31.23 -32.02 -31.93 -32.08 -32.32
Gross profit 44.52% 46.40% 46.56% 44.50% 44.39% 40.42% 40.10% 38.91% 41.66% 33.04% 37.66% 38.94% 36.14% 35.76% 36.40% 37.32% 43.43% 30.91% 33.28% 33.21% 32.88%
Selling, general and administrative expenses -10.63 -11.35 -11.18 -11.56 -11.78 -16.20 -10.34 -13.30 -17.64 -23.25 -12.21 -11.78 -14.85 -12.47 -10.91 -12.02 -10.99 -17.53 -10.00 -10.14 -10.43
Gain on divestitures 0.00 0.00 0.00 0.00 123.16 -7.71 0.16 103.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Amortization expense -0.15 -0.12 -0.14 -0.14 -0.15 -0.14 -0.14 -0.09 -0.10 -0.10 -0.09 -0.10 -0.07 -0.03 -0.03 -0.06 -0.04 -0.16 -0.16 -0.16 -0.21
Asset impairment and exit charges 0.00 0.00 0.00 0.00 0.00 0.00 -2.26 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Trademark and other intangible asset impairment charges 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.08 0.00 0.00 0.00 -4.22 0.00 0.00 0.00
Restructuring charge 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -5.22
Operating income 33.73% 34.93% 35.24% 32.79% 155.61% 16.37% 27.53% 128.73% 23.92% 9.69% 25.36% 27.06% 21.22% 22.17% 25.46% 25.24% 32.40% 9.00% 23.12% 22.91% 17.02%
Interest and debt expense -3.79 -3.53 -3.46 -3.52 -4.41 -4.39 -4.31 -3.10 -3.14 -2.94 -2.37 -2.01 -2.12 -2.23 -2.12 -2.06 -2.26 -2.09 -1.80 -1.81 -1.96
Interest income 0.05 0.02 0.05 0.05 0.08 0.05 0.07 0.00 0.03 0.00 0.03 0.03 0.04 0.03 0.03 0.03 0.07 0.07 0.03 0.06 0.07
Other income (expense), net -0.10 0.02 -0.23 0.02 -6.38 0.07 -0.11 -0.59 0.59 0.17 0.31 0.00 -0.04 -4.43 -0.19 -0.06 0.07 -0.92 -0.03 -0.06 -0.11
Income from continuing operations before income taxes 29.89% 31.45% 31.59% 29.34% 144.89% 12.10% 23.17% 125.04% 21.40% 6.91% 23.33% 25.09% 19.09% 15.55% 23.17% 23.15% 30.28% 6.05% 21.32% 21.10% 15.02%
Provision for income taxes -10.05 -11.45 -11.71 -10.89 -54.57 -5.48 -8.17 -68.17 -7.97 -2.02 -8.74 -9.16 -6.94 -5.68 -8.46 -8.57 -11.72 -1.50 -7.81 -7.27 -5.57
Income from continuing operations 19.84% 20.00% 19.88% 18.45% 90.32% 6.62% 15.00% 56.87% 13.43% 4.89% 14.58% 15.93% 12.15% 9.87% 14.71% 14.58% 18.55% 4.55% 13.50% 13.83% 9.45%
Income from discontinued operations, net of tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.90 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net income 19.84% 20.00% 19.88% 18.45% 90.32% 6.62% 15.00% 56.87% 13.43% 4.89% 14.58% 15.93% 13.05% 9.87% 14.71% 14.58% 18.55% 4.55% 13.50% 13.83% 9.45%

Based on: 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31).

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 decreased from Q3 2016 to Q4 2016 and from Q4 2016 to Q1 2017.
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 decreased from Q3 2016 to Q4 2016 and from Q4 2016 to Q1 2017.
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 Q3 2016 to Q4 2016 but then decreased significantly from Q4 2016 to Q1 2017.