Revlon, Inc. (REV) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
55 WATER STREET NEW YORK, NY 10041 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2844 - Perfumes, Cosmetics, and Other Toilet Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 102 | 97 | 104 | 87 | 87 | 187 | |||
| Cash and cash equivalents | 102 | 97 | 104 | 87 | 87 | 187 | |||
| Receivables | 384 | 352 | 423 | 431 | 445 | 424 | |||
| Inventory, net of allowances, customer advances and progress billings | 417 | 463 | 448 | 523 | 498 | 425 | |||
| Inventory | 417 | 463 | 448 | 523 | 498 | 425 | |||
| Prepaid expense | 52 | 67 | 69 | 72 | 43 | 35 | |||
| Other current assets | 48 | 32 | 26 | 81 | 70 | 54 | |||
| Other undisclosed current assets | 36 | 36 | 40 | ||||||
| Total current assets: | 1,040 | 1,046 | 1,111 | 1,194 | 1,143 | 1,124 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | (529) | 409 | 355 | 373 | 321 | ||||
| Intangible assets, net (including goodwill) | 955 | 995 | 1,164 | 1,206 | 1,285 | 1,326 | |||
| Goodwill | 563 | 564 | 674 | 674 | 693 | 690 | |||
| Intangible assets, net (excluding goodwill) | 392 | 431 | 491 | 532 | 592 | 637 | |||
| Regulated entity, other noncurrent assets | 17 | 119 | 4 | 5 | 6 | ||||
| Deferred income tax assets | 43 | 26 | 175 | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 98 | 109 | 121 | 131 | 118 | 103 | |||
| Other undisclosed noncurrent assets | 281 | 762 | 128 | 133 | 144 | ||||
| Total noncurrent assets: | 1,393 | 1,481 | 1,869 | 1,823 | 1,914 | 1,899 | |||
| TOTAL ASSETS: | 2,433 | 2,528 | 2,981 | 3,017 | 3,057 | 3,024 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 218 | 203 | 252 | 332 | 337 | 297 | |||
| Accounts payable | 218 | 203 | 252 | 332 | 337 | 297 | |||
| Debt | 138 | 220 | 290 | 357 | 183 | 29 | |||
| Other liabilities | 432 | 421 | 415 | 431 | 413 | 383 | |||
| Total current liabilities: | 788 | 844 | 957 | 1,120 | 932 | 709 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,306 | 3,105 | 2,906 | 2,728 | 2,654 | 2,663 | |||
| Long-term debt, excluding current maturities | 3,306 | 3,105 | 2,906 | 2,728 | 2,654 | 2,663 | |||
| Finance lease, liability | ✕ | ✕ | ✕ | ||||||
| Liabilities, other than long-term debt | 354 | 441 | 339 | 226 | 241 | 267 | |||
| Liability, pension and other postretirement and postemployment benefits | 147 | 212 | 181 | 169 | 173 | 184 | |||
| Other liabilities | 206 | 228 | 158 | 57 | 69 | 82 | |||
| Operating lease, liability | ✕ | ✕ | ✕ | ||||||
| Total noncurrent liabilities: | 3,659 | 3,546 | 3,245 | 2,953 | 2,895 | 2,930 | |||
| Total liabilities: | 4,447 | 4,390 | 4,202 | 4,074 | 3,827 | 3,638 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (2,014) | (1,862) | (1,221) | (1,057) | (770) | (615) | |||
| Common stock | 1 | 1 | 1 | ||||||
| Treasury stock, value | (38) | (35) | (34) | (32) | (22) | (19) | |||
| Additional paid in capital | 1,096 | 1,082 | 1,072 | 1,064 | 1,040 | 1,033 | |||
| Accumulated other comprehensive loss | (235) | (278) | (247) | (234) | (228) | (252) | |||
| Accumulated deficit | (2,839) | (2,632) | (2,013) | (1,855) | (1,561) | (1,378) | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | 1 | ||||||
| Total equity: | (2,014) | (1,862) | (1,221) | (1,057) | (770) | (615) | |||
| Other undisclosed liabilities and equity | |||||||||
| TOTAL LIABILITIES AND EQUITY: | 2,433 | 2,528 | 2,981 | 3,017 | 3,057 | 3,024 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,079 | 1,904 | 2,420 | 2,565 | 2,694 | 2,334 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 2,694 | 2,334 | |
| Cost of revenue (Cost of Goods and Services Sold) | (849) | (861) | (1,052) | (1,117) | (1,151) | (917) | ||
| Gross profit: | 1,230 | 1,044 | 1,367 | 1,448 | 1,542 | 1,417 | ||
| Operating expenses | (1,099) | (1,216) | (13) | (1,479) | (1,512) | (1,218) | ||
| Other undisclosed operating loss | (27) | (54) | (1,294) | (54) | (53) | (43) | ||
| Operating income (loss): | 103 | (226) | 61 | (85) | (22) | 155 | ||
| Nonoperating expense | (304) | (234) | (226) | (207) | (141) | (147) | ||
| Interest and debt expense | (0) | (0) | (197) | (177) | (150) | (17) | ||
| Loss from continuing operations before equity method investments, income taxes: | (201) | (460) | (362) | (469) | (313) | (8) | ||
| Other undisclosed income from continuing operations before income taxes | 0 | 0 | 197 | 177 | 150 | 17 | ||
| Income (loss) from continuing operations before income taxes: | (201) | (460) | (165) | (292) | (164) | 9 | ||
| Income tax expense | (6) | (159) | (0) | (2) | (22) | (26) | ||
| Loss from continuing operations: | (207) | (619) | (165) | (294) | (185) | (17) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (207) | (619) | (165) | (294) | (185) | (17) | |
| Net loss: | (207) | (619) | (165) | (294) | (185) | (17) | ||
| Other undisclosed net income (loss) attributable to parent | 8 | (0) | 2 | (5) | ||||
| Net loss available to common stockholders, diluted: | (207) | (619) | (158) | (294) | (183) | (22) | ||
Comprehensive Income ($ in millions)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (207) | (619) | (165) | (294) | (185) | (17) | ||
| Other comprehensive income (loss) | (0) | 2 | (5) | 2 | 3 | 3 | ||
| Comprehensive loss: | (207) | (617) | (170) | (293) | (182) | (15) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 44 | (32) | (1) | (8) | 22 | (14) | ||
| Comprehensive loss, net of tax, attributable to parent: | (164) | (650) | (171) | (300) | (160) | (28) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.