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Common-Size Income Statement
Eli Lilly & Co., common-size consolidated income statement
|Income statement item||Description||The company|
|Operating income||The net result for the period of deducting operating expenses from operating revenues.||Eli Lilly & Co.’s operating income as a percentage of revenue increased from 2018 to 2019 and from 2019 to 2020.|
|Income before income taxes||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.||Eli Lilly & Co.’s income before income taxes as a percentage of revenue increased from 2018 to 2019 and from 2019 to 2020.|
|Net income (loss)||The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.||Eli Lilly & Co.’s net income (loss) as a percentage of revenue increased from 2018 to 2019 but then slightly decreased from 2019 to 2020.|