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.

Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Walgreens Boots Alliance Inc., consolidated income statement

US$ in millions

Microsoft Excel
12 months ended: Aug 31, 2019 Aug 31, 2018 Aug 31, 2017 Aug 31, 2016 Aug 31, 2015 Aug 31, 2014
Sales 136,866 131,537 118,214 117,351 103,444 76,392
Cost of sales (106,790) (100,745) (89,052) (87,477) (76,520) (54,823)
Gross profit 30,076 30,792 29,162 29,874 26,924 21,569
Selling, general and administrative expenses (25,242) (24,569) (23,740) (23,910) (22,571) (17,992)
Equity earnings in AmerisourceBergen 164 191 135 37
Equity earnings in Alliance Boots 315 617
Operating income 4,998 6,414 5,557 6,001 4,668 4,194
Gain on previously held equity interest 563
Other income (expense) 233 177 (11) (261) 685 (481)
Earnings before interest and income tax provision 5,231 6,591 5,546 5,740 5,916 3,713
Interest expense, net (704) (616) (693) (596) (605) (156)
Earnings before income tax provision 4,527 5,975 4,853 5,144 5,311 3,557
Income tax provision (588) (998) (760) (997) (1,056) (1,526)
Post tax earnings from other equity method investments 23 54 8 44 24
Net earnings 3,962 5,031 4,101 4,191 4,279 2,031
Net (earnings) loss attributable to noncontrolling interests 20 (7) (23) (18) (59) (99)
Net earnings attributable to Walgreens Boots Alliance, Inc. 3,982 5,024 4,078 4,173 4,220 1,932

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
Sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Walgreens Boots Alliance Inc. sales increased from 2017 to 2018 and from 2018 to 2019.
Operating income The net result for the period of deducting operating expenses from operating revenues. Walgreens Boots Alliance Inc. operating income 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 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. increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.