See more : IVS Group S.A. (IVS.MI) Income Statement Analysis – Financial Results
Complete financial analysis of Fresh Del Monte Produce Inc. (FDP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Fresh Del Monte Produce Inc., a leading company in the Agricultural Farm Products industry within the Consumer Defensive sector.
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Fresh Del Monte Produce Inc. (FDP)
Industry: Agricultural Farm Products
Sector: Consumer Defensive
Website: https://www.freshdelmonte.com
About Fresh Del Monte Produce Inc.
Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, Africa, Asia, and internationally. It operates through three segments: Fresh and Value-Added Products, Banana, and Other Products and Services. It offers pineapples, fresh-cut fruit, fresh-cut vegetables, melons, and vegetables; non-tropical fruits, such as grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries, and kiwis; other fruit and vegetables, and avocados; and prepared fruit and vegetables, juices, other beverages, and meals and snacks. The company also engages in the sale of poultry and meat products; and third-party freight services business. In addition, it manufactures and sells plastic and box products, such as bins, trays, bags, and boxes. The company offers its products under the Del Monte brand, as well as under other brands, such as UTC, Rosy, Fruit Express, Just Juice, Fruitini, Mann's Logo, Arcadian Harvest, Nourish Bowls, Broccolini, Caulilini, Better Burger Leaf, RomaLeaf, and other regional brands. It markets and distributes its products to retail stores, club stores, convenience stores, wholesalers, distributors, and foodservice operators. Fresh Del Monte Produce Inc. was founded in 1886 and is based in George Town, Cayman Islands.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.32B | 4.44B | 4.25B | 4.20B | 4.49B | 4.49B | 4.09B | 4.01B | 4.06B | 3.93B | 3.68B | 3.42B | 3.59B | 3.55B | 3.50B | 3.53B | 3.37B | 3.21B | 3.26B | 2.91B | 2.49B | 2.09B | 1.93B | 1.86B | 1.74B | 1.60B | 1.21B |
| Cost of Revenue | 3.97B | 4.10B | 3.95B | 3.95B | 4.19B | 4.21B | 3.75B | 3.55B | 3.71B | 3.56B | 3.39B | 3.08B | 3.27B | 3.28B | 3.19B | 3.18B | 3.00B | 3.03B | 2.95B | 2.64B | 2.16B | 1.75B | 1.65B | 1.64B | 1.55B | 1.37B | 1.05B |
| Gross Profit | 350.70M | 340.20M | 303.80M | 250.90M | 300.60M | 279.80M | 331.60M | 461.40M | 342.30M | 364.80M | 290.40M | 341.70M | 319.50M | 272.40M | 310.80M | 347.00M | 364.90M | 186.50M | 311.50M | 264.70M | 328.20M | 336.70M | 282.90M | 221.30M | 193.20M | 228.80M | 157.70M |
| Gross Profit Ratio | 8.12% | 7.66% | 7.14% | 5.97% | 6.70% | 6.23% | 8.12% | 11.50% | 8.44% | 9.29% | 7.88% | 9.99% | 8.90% | 7.67% | 8.89% | 9.83% | 10.84% | 5.80% | 9.56% | 9.11% | 13.20% | 16.11% | 14.67% | 11.90% | 11.08% | 14.30% | 13.05% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.20M | 3.30M | 3.30M | 3.90M | 4.10M | 4.40M | 4.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 176.20M | 177.50M | 179.30M | 181.60M | 180.80M | 179.50M | 160.40M | 170.20M | 166.30M | 157.50M | 159.40M | 157.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 10.50M | 9.30M | 13.60M | 14.60M | 14.90M | 15.20M | 12.80M | 17.20M | 17.60M | 18.30M | 20.10M | 19.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 186.70M | 186.80M | 192.90M | 196.20M | 195.70M | 194.70M | 173.20M | 187.40M | 183.90M | 175.80M | 179.50M | 177.20M | 190.40M | 166.80M | 165.80M | 162.50M | 176.80M | 201.60M | 190.90M | 136.40M | 107.80M | 102.70M | 89.40M | 80.90M | 63.50M | 58.30M | 42.30M |
| Other Expenses | 0.00 | -14.80M | -9.40M | -4.50M | 900.00K | -15.70M | -3.00M | -3.40M | -7.20M | -12.00M | 13.60M | -1.90M | 0.00 | 0.00 | 0.00 | 0.00 | 12.50M | 105.30M | 3.10M | 0.00 | 0.00 | 19.60M | 28.60M | 57.80M | 45.20M | 35.80M | 20.60M |
| Operating Expenses | 292.20M | 186.80M | 192.90M | 196.20M | 195.70M | 194.70M | 173.20M | 187.40M | 183.90M | 175.80M | 179.50M | 177.20M | 190.40M | 157.60M | 165.80M | 183.90M | 189.30M | 306.90M | 194.00M | 136.40M | 107.80M | 122.30M | 118.00M | 138.70M | 108.70M | 94.10M | 62.90M |
| Cost & Expenses | 4.26B | 4.29B | 4.14B | 4.15B | 4.38B | 4.41B | 3.93B | 3.74B | 3.90B | 3.74B | 3.57B | 3.26B | 3.46B | 3.44B | 3.35B | 3.37B | 3.19B | 3.33B | 3.14B | 2.78B | 2.27B | 1.88B | 1.76B | 1.78B | 1.66B | 1.47B | 1.11B |
| Interest Income | 1.40M | 700.00K | 600.00K | 700.00K | 1.10M | 900.00K | 800.00K | 700.00K | 600.00K | 600.00K | 700.00K | 700.00K | 1.10M | 900.00K | 700.00K | 1.40M | 1.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 24.10M | 23.70M | 19.70M | 20.70M | 24.30M | 22.70M | 5.60M | 3.40M | 3.70M | 2.60M | 2.20M | 2.30M | 6.80M | 10.80M | 11.20M | 14.50M | 25.90M | 25.60M | 16.10M | 0.00 | 0.00 | 15.70M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 84.80M | 92.60M | 96.80M | 95.00M | 98.10M | 99.20M | 79.90M | 78.50M | 72.40M | 73.30M | 69.90M | 70.00M | 73.50M | 78.70M | 83.70M | 85.30M | 80.90M | 83.80M | 89.00M | 70.90M | 63.00M | 61.70M | 61.20M | 57.80M | 45.20M | 35.80M | 20.60M |
| EBITDA | 134.20M | 230.10M | 204.00M | 145.10M | 211.80M | 121.50M | 233.50M | 351.90M | 231.60M | 263.60M | 56.10M | 232.60M | 180.80M | 149.60M | 227.40M | 262.30M | 289.90M | -34.80M | 210.00M | 199.20M | 220.40M | 214.40M | 226.10M | 140.40M | 129.70M | 170.50M | 142.50M |
| EBITDA Ratio | 3.11% | 5.20% | 4.66% | 3.46% | 4.54% | 3.78% | 5.76% | 8.70% | 5.51% | 6.37% | 5.28% | 6.80% | 5.67% | 5.26% | 6.54% | 6.68% | 7.06% | 2.12% | 6.53% | 6.62% | 10.25% | 13.16% | 13.67% | 7.88% | 6.60% | 11.85% | 9.30% |
| Operating Income | 58.50M | 156.30M | 111.00M | 50.20M | 114.10M | 38.60M | 152.70M | 244.20M | 91.00M | 173.50M | -30.70M | 161.40M | 115.90M | 77.50M | 148.20M | 163.10M | 175.60M | -120.40M | 117.50M | 128.30M | 220.40M | 214.40M | 164.90M | 82.60M | 84.50M | 134.70M | 94.80M |
| Operating Income Ratio | 1.35% | 3.52% | 2.61% | 1.19% | 2.54% | 0.86% | 3.74% | 6.09% | 2.24% | 4.42% | -0.83% | 4.72% | 3.23% | 2.18% | 4.24% | 4.62% | 5.22% | -3.75% | 3.60% | 4.42% | 8.86% | 10.26% | 8.55% | 4.44% | 4.85% | 8.42% | 7.85% |
| Total Other Income/Expenses | -42.00M | -38.50M | -29.10M | -25.20M | -23.40M | -38.40M | -8.60M | -6.80M | -10.90M | -14.60M | 11.40M | -4.20M | -15.40M | -17.40M | -16.40M | -600.00K | -11.80M | -25.20M | -19.20M | -1.30M | 21.90M | 5.50M | -42.20M | -46.60M | -12.90M | -45.10M | -18.10M |
| Income Before Tax | 16.50M | 117.80M | 81.90M | 51.30M | 90.70M | 200.00K | 144.10M | 237.40M | 80.10M | 158.90M | -19.30M | 157.20M | 100.50M | 60.10M | 131.80M | 162.50M | 181.20M | -145.60M | 98.30M | 127.00M | 242.30M | 219.90M | 122.70M | 36.00M | 71.60M | 89.60M | 67.90M |
| Income Before Tax Ratio | 0.38% | 2.65% | 1.93% | 1.22% | 2.02% | 0.00% | 3.53% | 5.92% | 1.97% | 4.05% | -0.52% | 4.59% | 2.80% | 1.69% | 3.77% | 4.60% | 5.38% | -4.53% | 3.02% | 4.37% | 9.74% | 10.52% | 6.36% | 1.94% | 4.11% | 5.60% | 5.62% |
| Income Tax Expense | 18.10M | 20.10M | 2.00M | 5.00M | 21.40M | 16.10M | 24.90M | 11.80M | 13.70M | 14.30M | 17.50M | 12.20M | 5.70M | -700.00K | -12.80M | 4.80M | 1.40M | -500.00K | -8.30M | -12.20M | 15.90M | 18.60M | 26.50M | 2.90M | 14.70M | 12.20M | 13.70M |
| Net Income | -11.40M | 98.60M | 80.00M | 49.20M | 66.50M | -21.90M | 120.80M | 225.10M | 62.40M | 142.40M | -37.30M | 143.20M | 92.50M | 62.20M | 143.90M | 157.70M | 179.80M | -145.10M | 106.60M | 139.20M | 226.40M | 195.20M | 96.20M | 33.10M | 56.90M | 59.30M | 43.80M |
| Net Income Ratio | -0.26% | 2.22% | 1.88% | 1.17% | 1.48% | -0.49% | 2.96% | 5.61% | 1.54% | 3.63% | -1.01% | 4.19% | 2.58% | 1.75% | 4.12% | 4.47% | 5.34% | -4.51% | 3.27% | 4.79% | 9.10% | 9.34% | 4.99% | 1.78% | 3.26% | 3.71% | 3.62% |
| EPS | -0.24 | 2.06 | 1.68 | 1.03 | 1.38 | -0.45 | 2.40 | 4.37 | 1.18 | 2.54 | -0.66 | 2.47 | 1.57 | 1.03 | 2.26 | 2.49 | 3.07 | -2.51 | 1.90 | 2.42 | 4.00 | 3.52 | 1.79 | 0.62 | 1.06 | 1.10 | 0.70 |
| EPS Diluted | -0.24 | 2.06 | 1.68 | 1.03 | 1.37 | -0.45 | 2.39 | 4.33 | 1.17 | 2.53 | -0.66 | 2.46 | 1.56 | 1.02 | 2.26 | 2.48 | 3.06 | -2.51 | 1.90 | 2.41 | 3.95 | 3.45 | 1.77 | 0.62 | 1.06 | 1.10 | 0.70 |
| Weighted Avg Shares Out | 47.98M | 47.79M | 47.51M | 47.57M | 48.29M | 48.63M | 50.25M | 51.51M | 52.75M | 55.97M | 56.39M | 57.94M | 58.89M | 60.54M | 63.57M | 63.34M | 58.49M | 57.82M | 57.93M | 57.49M | 56.54M | 55.45M | 53.86M | 53.76M | 53.76M | 53.63M | 12.77M |
| Weighted Avg Shares Out (Dil) | 47.98M | 47.94M | 47.70M | 47.66M | 48.39M | 48.63M | 50.59M | 51.96M | 53.20M | 56.35M | 56.43M | 58.12M | 59.16M | 60.71M | 63.67M | 63.61M | 58.77M | 57.82M | 58.08M | 57.80M | 57.35M | 56.54M | 54.41M | 53.76M | 53.81M | 53.77M | 12.77M |
Fresh Del Monte's stock slides premarket after earnings fall short of estimates
Fresh Del Monte Produce Inc.'s stock FDP tumbled premarket Wednesday, after the distributor of fresh fruit and vegetables posted earnings that fell short of estimates. The company posted net income of $8.4 million, or 17 cents a share, down from...
Fresh Del Monte Produce Inc. Reports Third Quarter and Nine Months Earnings for Fiscal 2023
CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the third quarter and the nine months ended September 29, 2023. “We delivered solid results for the first nine...
Fresh Del Monte Produce Inc. to Report Third Quarter and Nine Months Financial Results for Fiscal 2023
CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), today announced that it will issue a press release on its third quarter and nine months financial results for fiscal 2023 prior to the market opening on Wednesday, November 1,...
Fresh Del Monte Sets New Standards in Sustainability with 2022 Report
MIAMI--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), one of the world's leading vertically integrated producers, marketers, and distributors of high-quality fresh and fresh-cut fruits and vegetables, has released its 2022 Sustainability Report, reaffirming its steadfast commitment to conserving the...
Fresh Del Monte Looks Like A Healthy Opportunity At Only 0.6x P/B
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Fresh Del Monte Produce Inc. (FDP) Q2 2023 Earnings Call Transcript
Fresh Del Monte Produce Inc. (NYSE:FDP ) Q2 2023 Earnings Conference Call August 2, 2023 10:00 AM ET Company Participants Claudia Pou - Vice President, Corporate Communications Mohammad Abu-Ghazaleh - Chairman and Chief Executive Officer Monica Vicente - Senior Vice...
Fresh Del Monte sales decline, as lower avocado prices and decline in non-tropical fruit demand weigh
Fresh Del Monte Produce Inc. FDP, -0.45% reported Wednesday second-quarter profit that increased from a year ago but revenue that fell, as lower avocado prices and a declines in non-tropical fruit volume offset an increase in banana sales. Net income...
Fresh Del Monte Produce Inc. Reports Strong Operating Results in the Second Quarter 2023; Net Income More Than Doubles, Gross Profit and Margin Increase
CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP), ("Fresh Del Monte" or the "Company") today reported financial results for the second quarter ended June 30, 2023. “We are pleased with our performance for the second quarter as net...
Source: https://incomestatements.info
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