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Income Statement
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Common Size IS
Op Efficiency
Credit Analysis

STEEL PARTNERS HOLDINGS L.P. (SPLP)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   8-K10-K10-K10-K10-K10-K10-K10-K
    Total interest expense   22.329.541.439.222.811.18.9
Net interest income   22.329.541.439.222.811.18.9
Net interest income after provision for loan losses  0.022.329.541.439.222.811.18.9
        Gain on sale of investments, net        -4.131.8
Total non-interest income        -4.131.8
Pre-tax income before non-recurring items  197.6200.9157.6133.528.459.368.059.7
Non-recurring items  -82.5 32.2     
Asset impairment     72.48.12.041.568.1
Pre-tax income  280.1200.9125.461.120.357.326.5-8.4
Income taxes  73.984.138.115.912.651.324.0-78.7
            Tax rate  26.4%41.9%30.4%26.0%61.9%89.5%90.3%936.2%
Minority interest     -0.11.16.0-4.119.8
Earnings from continuing ops  206.2132.4167.04.0-32.60.06.650.5
Earnings from discontinued ops   0.1-10.2    86.3
Net income  206.2132.6156.84.0-32.60.06.6136.7
            Net margin  12.2%8.7%12.0%0.3%-2.1%0.0%0.6%14.2%
   
Basic EPS   $6.14$6.73$0.16($1.25)$0.00$0.25$1.85
Diluted EPS   $4.58$3.25$0.16($1.25)$0.00$0.25$1.84
   
Shares outstanding (basic)   21.624.825.026.026.326.427.3
Shares outstanding (diluted)   28.951.425.026.026.326.527.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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