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Income Statement
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Infrastructure & Energy Alternatives, Inc. (IEA)

Income Statement Business | Customer

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16
   10-K10-K10-K10-K10-K10-K
Revenues:  
    Renewables Segment  1,461.11,142.8834.0621.6  
    Specialty Civil Segment  617.3610.1625.7157.7  
Total revenues  2,078.41,752.91,459.8779.3454.9602.7
            Revenue growth   [+]18.6%20.1%87.3%71.3%-24.5% 
Cost of goods sold  1,872.31,564.21,302.7747.8388.9517.4
Gross profit  206.1188.7157.031.566.085.2
            Gross margin  9.9%10.8%10.8%4.0%14.5%14.1%
Selling, general and administrative  123.9113.3120.272.333.530.7
Other operating expenses     -92.6  
EBITDA   [+]129.3123.185.168.637.558.0
            EBITDA margin  6.2%7.0%5.8%8.8%8.2%9.6%
Depreciation  40.635.934.613.74.93.3
EBITA  88.787.250.454.932.654.6
            EBITA margin  4.3%5.0%3.5%7.0%7.2%9.1%
Amortization of intangibles  6.511.813.63.00.10.1
EBIT   [+]82.275.436.851.932.554.5
            EBIT margin  4.0%4.3%2.5%6.7%7.1%9.0%
Non-recurring items   [+]   92.6  
Interest expense  44.761.751.312.12.20.5
Other income (expense), net   [+]-110.0-0.419.044.10.10.2
Pre-tax income  -72.513.34.6-8.730.454.2
Income taxes  11.212.6-1.6-12.913.9-10.2
            Tax rate   94.5% 148.8%45.6% 
Net income  -85.3-1.9-19.74.216.565.5
            Net margin  -4.1%-0.1%-1.4%0.5%3.6%10.9%
   
Basic EPS   [+]($2.55)($0.09)($0.97)$0.20$0.77$2.99
Diluted EPS   [+]($2.55)($0.09)($0.97)$0.20$0.77$2.99
   
Dividends per share   [+]    $1.61 
   
Shares outstanding (basic)   [+]33.520.820.421.721.621.6
Shares outstanding (diluted)   [+]33.520.820.421.721.621.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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