Financials in USD. Standardized financial statements.
A compact view of how American Funds American Balanced Fund turns revenue into operating income and net income.
| Metric | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $833.38M | $855.00M | $774.80M | $372.66M | $417.70M | $486.67M | $452.59M | $453.80M | $436.49M | $572.23M |
| Revenue Growth? | -2.5% | +10.4% | +107.9% | -10.8% | -14.2% | +7.5% | -0.3% | +4.0% | -23.7% | 0.0% |
| Cost of Revenue? | $735.17M | $806.40M | $684.17M | $353.13M | $397.30M | $456.46M | $408.43M | $382.76M | $385.53M | $430.29M |
| Gross Profit? | $98.22M | $48.60M | $90.63M | $19.53M | $20.40M | $30.21M | $44.16M | $71.04M | $50.96M | $141.94M |
| Gross Margin? | +11.8% | +5.7% | +11.7% | +5.2% | +4.9% | +6.2% | +9.8% | +15.7% | +11.7% | +24.8% |
| Operating Expenses? | $14.46M | $6.28M | $14.92M | $17.14M | $18.14M | $19.14M | $20.32M | $14.56M | $178,000 | $12.57M |
| Operating Income? | $68.84M | $25.77M | $69.08M | $1.89M | $870,000 | $9.66M | $22.60M | $49.65M | $31.15M | $122.52M |
| EBITDA? | $86.63M | $43.75M | $87.11M | $20.01M | $21.09M | $34.49M | $44.06M | $69.17M | $49.78M | $139.30M |
| Income Before Tax | $98.48M | $47.48M | $75.84M | $4.21M | $6.47M | $14.59M | $25.39M | $56.91M | $51.52M | $152.80M |
| Income Tax Expense | $22.56M | $9.54M | $19.03M | $546,000 | $1.99M | $22.92M | $19.52M | $17.39M | $14.11M | $49.65M |
| Net Income? | $60.94M | $27.70M | $47.57M | $1.88M | $3.90M | $31.64M | $39.71M | $32.33M | $31.44M | $86.78M |
| EPS? | $3.47 | $1.57 | $2.65 | $0.10 | $0.21 | $1.64 | $2.01 | $1.64 | $1.43 | $3.56 |
| Diluted EPS? | $3.47 | $1.57 | $2.65 | $0.10 | $0.21 | $1.64 | $2.01 | $1.64 | $1.43 | $3.56 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality