Global Industrial Company (GIC)

Global Industrial Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,325	1,316	1,274	1,166	1,063	1,029
Revenue Growth (YoY)	-1.58%	3.26%	9.28%	9.69%	3.31%	8.67%
Cost of Revenue	860.9	863.9	838.5	744.9	688.8	672.1
Gross Profit	463.7	452	435.8	421.2	374.3	356.9
Selling, General & Admin	370.9	367.1	335	312.3	282.8	268.9
Operating Expenses	375.3	371.5	339.3	316	286.3	272.8
Operating Income	88.4	80.5	96.5	105.2	88	84.1
Interest Expense	-	-0.2	-1.1	-1.1	-0.1	-0.1
Interest & Investment Income	0.3	-	-	-	-	-
Currency Exchange Gain (Loss)	-0.5	-0.5	-0.2	-0.3	-0.3	-
EBT Excluding Unusual Items	88.2	79.8	95.2	103.8	87.6	84
Pretax Income	88.2	79.8	95.2	103.8	87.6	84
Income Tax Expense	22.2	19.1	24.5	25.7	17.5	19.9
Earnings From Continuing Operations	66	60.7	70.7	78.1	70.1	64.1
Earnings From Discontinued Operations	0.2	0.3	-	0.7	33.2	1.3
Net Income	66.2	61	70.7	78.8	103.3	65.4
Preferred Dividends & Other Adjustments	0.6	0.4	0.4	0.3	0.5	0.8
Net Income to Common	65.6	60.6	70.3	78.5	102.8	64.6
Net Income Growth	-4.75%	-13.72%	-10.28%	-23.72%	57.95%	34.84%
Shares Outstanding (Basic)	38	38	38	38	38	38
Shares Outstanding (Diluted)	38	38	38	38	38	38
Shares Change (YoY)	0.26%	0.52%	0.26%	0.26%	0.80%	-
EPS (Basic)	1.71	1.58	1.85	2.07	2.72	1.72
EPS (Diluted)	1.71	1.58	1.84	2.06	2.71	1.71
EPS Growth	-5.14%	-14.25%	-10.61%	-24.04%	58.06%	33.92%
Free Cash Flow	57.4	46.9	108.1	42.8	46.4	65.5
Free Cash Flow Per Share	1.50	1.22	2.83	1.12	1.22	1.74
Dividend Per Share	1.020	1.000	0.800	0.720	0.640	0.560
Dividend Growth	13.33%	25.00%	11.11%	12.50%	14.29%	16.67%
Gross Margin	35.01%	34.35%	34.20%	36.12%	35.21%	34.68%
Operating Margin	6.67%	6.12%	7.57%	9.02%	8.28%	8.17%
Profit Margin	4.95%	4.61%	5.52%	6.73%	9.67%	6.28%
Free Cash Flow Margin	4.33%	3.56%	8.48%	3.67%	4.37%	6.37%
EBITDA	96	88.1	102.9	109.1	91.7	88.2
EBITDA Margin	7.25%	6.69%	8.08%	9.36%	8.63%	8.57%
D&A For EBITDA	7.6	7.6	6.4	3.9	3.7	4.1
EBIT	88.4	80.5	96.5	105.2	88	84.1
EBIT Margin	6.67%	6.12%	7.57%	9.02%	8.28%	8.17%
Effective Tax Rate	25.17%	23.94%	25.74%	24.76%	19.98%	23.69%
Advertising Expenses	-	90.6	79.8	72	65.3	60.3

Updated Jul 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q