Stock Analysis on Net

Walgreens Boots Alliance Inc. (NASDAQ:WBA)

This company has been moved to the archive! The financial data has not been updated since July 9, 2020.

Common-Size Income Statement

Walgreens Boots Alliance Inc., common-size consolidated income statement

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12 months ended: Aug 31, 2019 Aug 31, 2018 Aug 31, 2017 Aug 31, 2016 Aug 31, 2015 Aug 31, 2014
Sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -78.03 -76.59 -75.33 -74.54 -73.97 -71.77
Gross profit 21.97% 23.41% 24.67% 25.46% 26.03% 28.23%
Selling, general and administrative expenses -18.44 -18.68 -20.08 -20.37 -21.82 -23.55
Equity earnings in AmerisourceBergen 0.12 0.15 0.11 0.03 0.00 0.00
Equity earnings in Alliance Boots 0.00 0.00 0.00 0.00 0.30 0.81
Operating income 3.65% 4.88% 4.70% 5.11% 4.51% 5.49%
Gain on previously held equity interest 0.00 0.00 0.00 0.00 0.54 0.00
Other income (expense) 0.17 0.13 -0.01 -0.22 0.66 -0.63
Earnings before interest and income tax provision 3.82% 5.01% 4.69% 4.89% 5.72% 4.86%
Interest expense, net -0.51 -0.47 -0.59 -0.51 -0.58 -0.20
Earnings before income tax provision 3.31% 4.54% 4.11% 4.38% 5.13% 4.66%
Income tax provision -0.43 -0.76 -0.64 -0.85 -1.02 -2.00
Post tax earnings from other equity method investments 0.02 0.04 0.01 0.04 0.02 0.00
Net earnings 2.89% 3.82% 3.47% 3.57% 4.14% 2.66%
Net (earnings) loss attributable to noncontrolling interests 0.01 -0.01 -0.02 -0.02 -0.06 -0.13
Net earnings attributable to Walgreens Boots Alliance, Inc. 2.91% 3.82% 3.45% 3.56% 4.08% 2.53%

Based on: 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-31), 10-K (reporting date: 2017-08-31), 10-K (reporting date: 2016-08-31), 10-K (reporting date: 2015-08-31), 10-K (reporting date: 2014-08-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Walgreens Boots Alliance Inc. operating income as a percentage of sales increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.
Earnings before income tax provision 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. Walgreens Boots Alliance Inc. earnings before income tax provision as a percentage of sales increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.
Net earnings attributable to Walgreens Boots Alliance, Inc. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Walgreens Boots Alliance Inc. net earnings attributable to Walgreens Boots Alliance, Inc. as a percentage of sales increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.