VECTOR GROUP LTD

Delisted

CIK 59440fmd_0V1AT4EQRRVV1B1WV2281TH7DEManufacturing · CigarettesTemplate: Standard

Coverage: Jan 01, 2008 to Jun 30, 2024, 62 periods

Income Statement · Annual · Millions · USD
Line item	FY2014	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023
Total revenues	1,591	1,657	1,691	1,807	1,870	1,120	1,229	1,221	1,441	1,424
Cost of revenue	1,097	1,110	1,097	1,228	1,292	775	820	770	999	965
Gross profit	494	547	594	579	578	345	409	451	442	459
Realized investment gains (losses)	0	0	0	0	0	–	2	10	(8)	3
Provision for credit losses	–	–	–	–	2	1	14	3	0	0
Research and development	–	–	–	–	–	–	–	–	–	–
Selling, general and administrative	279	320	339	337	356	109	117	131	103	112
Total operating expenses	279	320	–	–	–	–	–	–	–	–
Impairment of real estate	0	1	1	1	0	–	17	3	0	1
Operating income	212	200	235	236	224	235	294	320	339	328
Interest expense	161	121	143	174	204	138	121	113	111	109
Interest and investment income	6	7	6	7	11	11	6	2	9	23
Other non-operating income (expense)	9	6	4	4	1	17	(9)	11	3	26
Income before taxes	82	108	126	89	80	125	181	210	221	248
Income tax expense	33	41	49	(2)	22	31	54	63	62	65
Net income from continuing operations	49	66	77	91	58	94	127	147	159	184
Net income	37	59	71	85	58	101	93	219	159	184
Net income to common shareholders	36	57	69	79	51	94	90	214	154	179