See more : Grandy House Corporation (8999.T) Income Statement Analysis – Financial Results
Complete financial analysis of Vector Group Ltd. (VGR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Vector Group Ltd., a leading company in the Tobacco industry within the Consumer Defensive sector.
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Vector Group Ltd. (VGR)
About Vector Group Ltd.
Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes in 100 combinations under the EAGLE 20's, Pyramid, Montego, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands. It markets and sells its cigarettes to wholesalers and distributors of tobacco and convenience products, as well as grocery, drug, and convenience store chains. The company also engages in real estate investment business. The company was formerly known as Brooke Group Ltd. and changed its name to Vector Group Ltd. in May 2000. Vector Group Ltd. was founded in 1873 and is headquartered in Miami, Florida.
| 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 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.42B | 1.44B | 1.22B | 1.23B | 1.12B | 1.87B | 1.81B | 1.69B | 1.66B | 1.59B | 1.08B | 1.10B | 1.13B | 1.06B | 801.49M | 565.19M | 555.43M | 506.25M | 478.43M | 323.19M | 334.04M | 310.41M | 296.21M | 533.35M | 459.50M | 362.00M | 301.90M | 348.20M | 338.00M | 347.50M | 673.50M | 720.10M | 1.17B | 1.10B | 572.90M | 501.00M | 531.90M |
| Cost of Revenue | 965.35M | 998.66M | 769.54M | 819.60M | 774.89M | 1.29B | 1.23B | 1.10B | 1.11B | 1.10B | 767.03M | 832.33M | 892.88M | 845.11M | 577.39M | 335.30M | 337.08M | 315.16M | 285.39M | 149.99M | 144.28M | 151.96M | 108.53M | 140.55M | 123.17M | 109.80M | 106.30M | 122.30M | 83.70M | 91.10M | 318.70M | 361.60M | 687.70M | 588.60M | 299.70M | 245.50M | 287.30M |
| Gross Profit | 458.92M | 442.35M | 451.16M | 409.08M | 344.72M | 577.78M | 579.43M | 593.61M | 547.47M | 494.26M | 312.89M | 263.21M | 240.50M | 218.18M | 224.11M | 229.89M | 218.35M | 191.09M | 193.03M | 173.20M | 189.77M | 158.46M | 187.68M | 392.81M | 336.33M | 252.20M | 195.60M | 225.90M | 254.30M | 256.40M | 354.80M | 358.50M | 482.70M | 510.10M | 273.20M | 255.50M | 244.60M |
| Gross Profit Ratio | 32.22% | 30.70% | 36.96% | 33.29% | 30.79% | 30.89% | 32.06% | 35.10% | 33.04% | 31.06% | 28.97% | 24.03% | 21.22% | 20.52% | 27.96% | 40.67% | 39.31% | 37.75% | 40.35% | 53.59% | 56.81% | 51.05% | 63.36% | 73.65% | 73.20% | 69.67% | 64.79% | 64.88% | 75.24% | 73.78% | 52.68% | 49.78% | 41.24% | 46.43% | 47.69% | 51.00% | 45.99% |
| Research & Development | 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 | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 117.05M | 98.35M | 126.95M | 112.50M | 105.36M | 328.42M | 314.07M | 312.83M | 289.47M | 249.31M | 101.90M | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 5.23M | 4.75M | 4.46M | 4.10M | 3.75M | 27.10M | 23.12M | 26.23M | 30.75M | 30.03M | 11.70M | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 122.27M | 103.10M | 131.42M | 116.60M | 109.11M | 355.51M | 337.19M | 339.06M | 320.22M | 279.34M | 113.60M | 108.27M | 97.18M | 90.71M | 85.04M | 94.58M | 92.97M | 90.83M | 116.80M | 144.05M | 167.98M | 173.89M | 156.33M | 353.64M | 266.87M | 186.90M | 162.90M | 221.00M | 237.20M | 235.40M | 312.80M | 354.20M | 514.90M | 472.30M | 215.00M | 202.20M | 182.50M |
| Other Expenses | 34.00K | -547.00K | -617.00K | -3.26M | -1.95M | -1.02M | -2.33M | -1.78M | 100.00K | 1.26M | 3.00K | -148.00K | 1.00K | 1.51M | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 122.27M | 103.10M | 131.42M | 116.60M | 109.11M | 355.51M | 337.19M | 339.06M | 320.22M | 279.34M | 113.60M | 108.27M | 97.18M | 90.71M | 85.04M | 94.58M | 92.97M | 88.62M | 104.05M | 144.05M | 167.98M | 173.89M | 156.33M | 352.71M | 265.82M | 195.50M | 171.00M | 229.80M | 246.30M | 242.20M | 331.80M | 364.40M | 555.60M | 506.60M | 220.50M | 206.90M | 187.10M |
| Cost & Expenses | 1.09B | 1.10B | 900.96M | 936.20M | 884.00M | 1.65B | 1.57B | 1.44B | 1.43B | 1.38B | 880.63M | 940.60M | 990.06M | 935.82M | 662.43M | 429.88M | 430.05M | 403.79M | 389.44M | 294.04M | 312.25M | 325.85M | 264.87M | 493.25M | 388.98M | 305.30M | 277.30M | 352.10M | 330.00M | 333.30M | 650.50M | 726.00M | 1.24B | 1.10B | 520.20M | 452.40M | 474.40M |
| Interest Income | 23.49M | 8.63M | 1.92M | 5.62M | 11.09M | 11.35M | 7.39M | 6.02M | 7.04M | 5.80M | 4.38M | 2.39M | 1.04M | 0.00 | 492.00K | 5.86M | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 108.62M | 110.67M | 112.73M | 121.28M | 137.54M | 203.78M | 173.69M | 142.98M | 120.69M | 166.20M | 144.56M | 125.06M | 101.92M | 84.10M | 68.49M | 62.34M | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 10.35M | 10.60M | 38.28M | 38.13M | 45.47M | 18.31M | 18.35M | 22.24M | 25.65M | 24.50M | 12.63M | 10.61M | 10.61M | 10.79M | 10.40M | 10.06M | 10.20M | 9.89M | 11.22M | 11.82M | 14.73M | 13.81M | 9.97M | 12.65M | 7.70M | 8.60M | 8.10M | 8.80M | 9.10M | 6.80M | 19.00M | 10.20M | 40.70M | 34.30M | 5.50M | 4.70M | 4.60M |
| EBITDA | 347.00M | 338.45M | 339.02M | 319.95M | 251.84M | 302.15M | 281.47M | 283.59M | 254.05M | 272.97M | 217.91M | 189.39M | 235.69M | 180.46M | 164.68M | 166.96M | 114.75M | 124.44M | 73.71M | 51.28M | 57.09M | -1.62M | 34.26M | -197.44M | -215.45M | 78.90M | 46.30M | 4.90M | 12.70M | 21.70M | 7.20M | 4.30M | -32.20M | -418.70M | 59.60M | 48.70M | 62.00M |
| EBITDA Ratio | 24.36% | 23.84% | 28.70% | 26.37% | 22.49% | 14.38% | 15.85% | 16.77% | 15.65% | 15.94% | 22.44% | 17.92% | 15.36% | 15.54% | 20.55% | 31.07% | 20.66% | 24.58% | 15.41% | 15.87% | 17.09% | 4.38% | 11.57% | -37.02% | -46.89% | 21.80% | 15.34% | 1.32% | 3.76% | 6.24% | 1.07% | -5.19% | -2.98% | -38.11% | 10.40% | 9.72% | 11.66% |
| Operating Income | 336.65M | 339.01M | 320.44M | 294.43M | 234.62M | 224.05M | 235.65M | 234.51M | 199.92M | 212.44M | 111.19M | 154.93M | 143.32M | 111.31M | 154.28M | 165.57M | 104.54M | 114.55M | 62.49M | 39.45M | 42.36M | -201.00K | 24.29M | -210.09M | -223.15M | 70.30M | 38.20M | -4.20M | 3.60M | 14.90M | -11.80M | -47.60M | -75.60M | -453.00M | 54.10M | 44.00M | 57.40M |
| Operating Income Ratio | 23.64% | 23.53% | 26.25% | 23.96% | 20.96% | 11.98% | 13.04% | 13.87% | 12.06% | 13.35% | 10.30% | 14.14% | 12.65% | 10.47% | 19.25% | 29.29% | 18.82% | 22.63% | 13.06% | 12.21% | 12.68% | -0.06% | 8.20% | -39.39% | -48.56% | 19.42% | 12.65% | -1.21% | 1.07% | 4.29% | -1.75% | -6.61% | -6.46% | -41.23% | 9.44% | 8.78% | 10.79% |
| Total Other Income/Expenses | -88.20M | -118.45M | -110.48M | -113.39M | -114.67M | -144.49M | -157.33M | -133.22M | -92.22M | -130.16M | -50.47M | -101.22M | -20.16M | -25.74M | -110.53M | -40.73M | 1.10M | -33.99M | -3.34M | -23.04M | -41.56M | -32.34M | 11.93M | 459.63M | 541.18M | -92.10M | -74.90M | -60.20M | -53.00M | -56.70M | -24.90M | -18.30M | -57.90M | 850.60M | -7.30M | -1.80M | -8.40M |
| Income Before Tax | 248.45M | 220.56M | 209.96M | 181.04M | 125.02M | 79.56M | 89.17M | 126.43M | 107.71M | 82.28M | 60.72M | 53.72M | 123.16M | 85.57M | 28.54M | 94.57M | 126.60M | 68.48M | 85.77M | 6.11M | -19.77M | -47.77M | 36.22M | 249.54M | 318.03M | -35.40M | -50.30M | -64.10M | -45.00M | -42.50M | -1.90M | -24.20M | -130.80M | 397.60M | 45.40M | 46.80M | 49.10M |
| Income Before Tax Ratio | 17.44% | 15.31% | 17.20% | 14.73% | 11.17% | 4.25% | 4.93% | 7.48% | 6.50% | 5.17% | 5.62% | 4.90% | 10.87% | 8.05% | 3.56% | 16.73% | 22.79% | 13.53% | 17.93% | 1.89% | -5.92% | -15.39% | 12.23% | 46.79% | 69.21% | -9.78% | -16.66% | -18.41% | -13.31% | -12.23% | -0.28% | -3.36% | -11.18% | 36.19% | 7.92% | 9.34% | 9.23% |
| Income Tax Expense | 64.93M | 61.86M | 62.81M | 54.12M | 31.09M | 21.55M | -1.58M | 49.16M | 41.23M | 33.17M | 23.67M | 23.10M | 48.14M | 31.49M | 3.73M | 34.07M | 52.80M | 25.77M | 41.21M | -6.96M | -666.00K | -6.39M | 15.02M | 81.78M | 82.26M | -59.60M | 1.10M | 1.40M | 300.00K | -24.50M | 5.30M | 8.10M | 18.80M | 21.70M | 19.90M | 16.60M | 18.40M |
| Net Income | 183.53M | 158.70M | 219.46M | 92.94M | 100.97M | 58.11M | 84.57M | 71.13M | 59.20M | 36.86M | 37.30M | 30.62M | 75.02M | 54.08M | 24.81M | 60.50M | 73.80M | 42.71M | 53.47M | 6.73M | -15.61M | -31.79M | 20.66M | 174.22M | 235.67M | 27.40M | -49.90M | -62.50M | -33.90M | 110.10M | 106.80M | -75.80M | -149.60M | 375.90M | 25.50M | 30.20M | 30.70M |
| Net Income Ratio | 12.89% | 11.01% | 17.98% | 7.56% | 9.02% | 3.11% | 4.68% | 4.21% | 3.57% | 2.32% | 3.45% | 2.80% | 6.62% | 5.09% | 3.09% | 10.71% | 13.29% | 8.44% | 11.18% | 2.08% | -4.67% | -10.24% | 6.98% | 32.66% | 51.29% | 7.57% | -16.53% | -17.95% | -10.03% | 31.68% | 15.86% | -10.53% | -12.78% | 34.21% | 4.45% | 6.03% | 5.77% |
| EPS | 1.17 | 1.01 | 1.40 | 0.60 | 0.64 | 0.40 | 0.54 | 0.48 | 0.40 | 0.27 | 0.30 | 0.25 | 0.63 | 0.46 | 0.21 | 0.52 | 0.64 | 0.39 | 0.60 | 0.08 | -0.18 | -0.40 | 0.29 | 2.93 | 4.04 | 0.48 | -1.03 | -1.23 | -0.66 | 2.23 | 2.01 | -1.54 | -2.47 | 5.61 | 0.38 | 0.45 | 0.50 |
| EPS Diluted | 1.16 | 1.01 | 1.40 | 0.60 | 0.63 | 0.40 | 0.54 | 0.48 | 0.40 | 0.27 | 0.30 | 0.25 | 0.63 | 0.46 | 0.21 | 0.47 | 0.63 | 0.38 | 0.56 | 0.08 | -0.18 | -0.40 | 0.25 | 2.61 | 3.31 | 0.40 | -1.03 | -1.23 | -0.43 | 2.23 | 2.01 | -1.54 | -2.47 | 5.61 | 0.38 | 0.45 | 0.50 |
| Weighted Avg Shares Out | 153.20M | 152.75M | 152.40M | 150.22M | 146.63M | 146.36M | 145.99M | 147.03M | 146.85M | 134.84M | 122.63M | 123.11M | 116.24M | 118.17M | 113.23M | 110.29M | 107.06M | 102.31M | 87.57M | 80.55M | 84.57M | 80.03M | 71.59M | 59.47M | 58.35M | 56.90M | 48.26M | 50.76M | 50.99M | 49.26M | 53.24M | 49.09M | 60.52M | 8.88M | 67.20M | 66.99M | 61.44M |
| Weighted Avg Shares Out (Dil) | 153.33M | 152.89M | 152.47M | 150.25M | 147.37M | 146.48M | 146.27M | 149.71M | 146.85M | 134.84M | 122.95M | 123.11M | 116.54M | 118.17M | 113.34M | 121.65M | 110.05M | 105.00M | 103.41M | 86.30M | 84.57M | 80.03M | 81.05M | 66.70M | 71.14M | 69.08M | 48.26M | 50.76M | 79.15M | 49.26M | 53.24M | 49.09M | 60.52M | 8.88M | 67.20M | 66.99M | 61.44M |
Vector Group Ltd. (VGR) Q3 2023 Earnings Call Transcript
Vector Group Ltd. (NYSE:VGR ) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Howard Lorber - President & Chief Executive Officer Nick Anson - President & Chief Operating Officer-Liggett Vector Brands Bryant Kirkland - Chief...
Vector Group Reports Third Quarter 2023 Financial Results
MIAMI--(BUSINESS WIRE)--Vector Group Ltd. (NYSE: VGR) today announced financial results for the three and nine months ended September 30, 2023. “We are proud that Montego grew to be the largest discount brand in the United States in the third quarter...
Vector Group to Host Third Quarter 2023 Results Conference Call
MIAMI, Fla.--(BUSINESS WIRE)--Vector Group Ltd. (NYSE: VGR) will conduct a conference call and webcast to discuss its third quarter 2023 results on Thursday, November 2, 2023 at 8:30 a.m. (ET). Investors may access the call via live webcast at https://www.webcaster4.com/Webcast/Page/2271/49284....
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Vector Group: 8% Dividend Yield Supported By Climbing Cigarette Market Share
Vector Group has gained market share among U.S. cigarette manufacturers. The company's Q2 earnings report was highlighted by climbing EBITDA. We like the stock's compelling 8% dividend yield, supported by strong underlying cash flows.
Vector Group Seems Promising Despite Regulatory Risks
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Vector Group to Present at 2023 Barclays Global Consumer Staples Conference
MIAMI--(BUSINESS WIRE)--Vector Group Ltd. (NYSE: VGR) today announced that two members of its senior management team will present at the 2023 Barclays Global Consumer Staples Conference on Thursday, September 7, 2023 at 2:15 p.m. EDT in Boston, MA. Presenters will...
Vector Group Declares Quarterly Cash Dividend
MIAMI--(BUSINESS WIRE)--Vector Group Ltd. (NYSE: VGR) today announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.20 per share. The quarterly cash dividend will be payable on September 15, 2023 to...
Vector Group (VGR) Misses Q2 Earnings and Revenue Estimates
Vector Group (VGR) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.25 per share a year ago.
Source: https://incomestatements.info
Category: Stock Reports