HIG Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	24,527	22,362	22,390	20,523	20,740	Upgrade
Revenue Growth (YoY)	9.68%	-0.13%	9.10%	-1.05%	9.42%	Upgrade
Cost of Revenue	14,238	13,138	12,720	11,805	11,472	Upgrade
Gross Profit	10,289	9,224	9,670	8,718	9,268	Upgrade
Selling, General & Admin	4,881	4,841	4,791	4,480	4,580	Upgrade
Other Operating Expenses	2,121	1,908	1,740	1,882	1,779	Upgrade
Operating Expenses	7,002	6,749	6,531	6,362	6,359	Upgrade
Operating Income	3,287	2,475	3,139	2,356	2,909	Upgrade
Interest Expense / Income	199	213	234	236	259	Upgrade
Other Expense / Income	-	-	-	-	90	Upgrade
Pretax Income	3,088	2,262	2,905	2,120	2,560	Upgrade
Income Tax	584	443	534	383	475	Upgrade
Net Income	2,504	1,819	2,371	1,737	2,085	Upgrade
Preferred Dividends	21	21	21	21	21	Upgrade
Net Income Common	2,483	1,798	2,350	1,716	2,064	Upgrade
Net Income Growth	38.10%	-23.49%	36.95%	-16.86%	14.60%	Upgrade
Shares Outstanding (Basic)	301	318	340	358	360	Upgrade
Shares Change	-5.45%	-6.54%	-5.02%	-0.58%	0.47%	Upgrade
EPS (Basic)	8.09	5.54	6.73	4.79	5.72	Upgrade
EPS (Diluted)	7.97	5.46	6.64	4.76	5.66	Upgrade
EPS Growth	45.97%	-17.77%	39.50%	-15.90%	14.34%	Upgrade
Free Cash Flow	4,005	3,833	3,960	3,757	3,384	Upgrade
Free Cash Flow Per Share	13.32	12.05	11.63	10.48	9.39	Upgrade
Dividend Per Share	1.745	1.580	1.435	1.300	1.200	Upgrade
Dividend Growth	10.44%	10.10%	10.38%	8.33%	9.09%	Upgrade
Gross Margin	41.95%	41.25%	43.19%	42.48%	44.69%	Upgrade
Operating Margin	13.40%	11.07%	14.02%	11.48%	14.03%	Upgrade
Profit Margin	10.12%	8.04%	10.50%	8.36%	9.95%	Upgrade
Free Cash Flow Margin	16.33%	17.14%	17.69%	18.31%	16.32%	Upgrade
Effective Tax Rate	18.91%	19.58%	18.38%	18.07%	18.55%	Upgrade
EBITDA	3,797	3,100	3,819	2,918	3,270	Upgrade
EBITDA Margin	15.48%	13.86%	17.06%	14.22%	15.77%	Upgrade
Depreciation & Amortization	510	625	680	562	451	Upgrade
EBIT	3,287	2,475	3,139	2,356	2,819	Upgrade
EBIT Margin	13.40%	11.07%	14.02%	11.48%	13.59%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).