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Trinseo PLC (TSE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Net sales  4,965.54,827.52,744.63,373.94,622.84,448.13,716.63,971.9
            Net sales growth  2.9%75.9%-18.7%-27.0%3.9%19.7%-6.4%-22.5%
Cost of sales  4,693.24,128.62,423.53,073.54,094.03,807.83,124.43,502.8
    Gross profit  272.3698.9321.1300.4528.8640.3592.2469.1
            Gross margin  5.5%14.5%11.7%8.9%11.4%14.4%15.9%11.8%
Selling, general and administrative expenses  398.8323.4227.5276.9257.0239.0238.7208.0
Equity in earnings of unconsolidated affiliates  102.292.767.0119.0144.1123.7144.7140.2
    Operating income (loss)  -363.9461.4149.6142.5414.4525.0498.2401.3
            Operating margin  -7.3%9.6%5.5%4.2%9.0%11.8%13.4%10.1%
Interest expense, net  112.979.443.639.346.470.175.093.2
Other expense (income), net  -7.29.57.93.43.7-21.517.99.1
    Income (loss) from continuing operations before income taxes  -469.6350.5105.499.8364.3411.1405.3203.8
Provision for (benefit from) income taxes  -41.670.942.712.771.882.887.070.2
    Net income (loss)  -430.9440.07.992.0292.5328.3318.3133.6
   
Earnings Per Share          
Weighted average shares- basic  35.938.738.340.342.843.846.548.8
   
    Net income (loss) per share- basic  ($11.99)$11.37$0.20$2.28$6.83$7.49$6.84$2.74
Weighted average shares- diluted  35.939.638.640.743.745.047.549.0
    Net income (loss) per share- diluted  ($11.99)$11.12$0.20$2.26$6.70$7.30$6.70$2.73

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