Vector Group Ltd. (VGR) — Financial statements
Income statement, balance sheet, and cash flow for Vector Group Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,424↓1.2% | 1,441↑18.0% | 1,221↓0.6% | 1,229↑9.7% | 1,120 | |
| Cost of Revenue | 965↓3.3% | 999↑29.8% | 770↓6.1% | 820↑5.8% | 775 | |
| Gross Profit | 459↑3.7% | 442↓2.0% | 451↑10.3% | 409↑18.7% | 345 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 117↑19.0% | 98↓22.5% | 127↑12.9% | 112↑6.8% | 105 | |
| Selling & Marketing Expenses | 5↑10.1% | 5↑6.4% | 4↑8.8% | 4↑9.4% | 4 | |
| SG&A Expenses | 122↑18.6% | 103↓21.5% | 131↑12.7% | 117↑6.9% | 109 | |
| Other Expenses | 0.03↑106.2% | -0.55↑11.3% | -0.62 | 0.00 | 0.00 | |
| Operating Expenses | 122↑18.6% | 103↓21.5% | 131↑12.7% | 117↑6.9% | 109 | |
| Total Costs & Expenses | 1,088↓1.3% | 1,102↑22.3% | 901↓3.8% | 936↑5.9% | 884 | |
| Operating Results | ||||||
| Operating Income | 337↓0.7% | 339↑5.8% | 320↑8.8% | 294↑25.5% | 235 | |
| Depreciation & Amortization | 10↓2.3% | 11↓72.3% | 38↑0.4% | 38↓16.1% | 45 | |
| EBITDA | 367↑8.6% | 338↓0.2% | 339↑6.0% | 320↑27.0% | 252 | |
| EBIT | 357↑7.8% | 331↑2.6% | 323↑6.7% | 302↑15.1% | 263 | |
| Interest & Other Income | ||||||
| Net Interest Income | -85↑16.6% | -102↑7.9% | -111↑4.2% | -116↑8.5% | -126 | |
| Interest Income | 23↑172.3% | 9↑349.3% | 2↓65.8% | 6↓49.3% | 11 | |
| Interest Expense | 109↓1.9% | 111↓1.8% | 113↓7.0% | 121↓11.8% | 138 | |
| Non-Operating Income | -20↓362.4% | 8↑445.9% | -2↑71.5% | -8↑65.5% | -23 | |
| Other Income / Expenses | -88↑25.5% | -118↓7.2% | -110↑2.6% | -113↑1.1% | -115 | |
| Income Before Tax | 248↑12.6% | 221↑5.0% | 210↑16.0% | 181↑44.8% | 125 | |
| Income Tax Expense | 65↑5.0% | 62↓1.5% | 63↑16.0% | 54↑74.1% | 31 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 184↑15.6% | 159↑7.8% | 147↑15.9% | 127↑35.1% | 94 | |
| Net Income from Discontinued Operations | 0.00 | 0.00↓100.0% | 72↑312.2% | -34 | 0.00 | |
| Net Income | 184↑15.6% | 159↓27.7% | 219↑136.1% | 93↓8.0% | 101 | |
| Bottom-Line Net Income | 179↑16.1% | 154↓28.0% | 214↑136.3% | 90↓3.3% | 94 | |
| EPS (Basic) | 1.17↑15.8% | 1.01↓27.9% | 1.40↑133.3% | 0.60↓6.3% | 0.64 | |
| EPS (Diluted) | 1.16↑14.9% | 1.01↓27.9% | 1.40↑133.3% | 0.60↓4.8% | 0.63 | |
| Weighted Average Shares | 153↑0.3% | 153↑0.2% | 152↑1.5% | 150↑2.4% | 147 | |
| Weighted Average Diluted Shares | 153↑0.3% | 153↑0.3% | 152↑1.5% | 150↑2.0% | 147 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.