Below are the financial statements of Simpson Manufacturing, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 2,232.14a | 2,213.8a | 2,116.09a |
| Cost of sales | -1,206.29a | -1,170.05a | -1,174.79a |
| Gross profit | 1,025.85a | 1,043.76a | 941.29a |
| Operating expenses | — | — | — |
| Research and development and other engineering | -93.58a | -92.17a | -68.35a |
| Selling | -219.4a | -203.98a | -169.38a |
| General and administrative | -277.53a | -268.1a | -228.47a |
| Total operating expenses | -590.51a | -564.25a | -466.2a |
| Acquisition and integration related costs | -5.81a | -4.63a | -17.34a |
| Net gain on disposal of assets | -0.45a | -0.28a | -1.32a |
| Income from operations | 429.98a | 475.15a | 459.07a |
| Interest income (expense), net and other financing costs | 5.28a | 3.39a | -7.59a |
| Other & foreign exchange loss, net | -1.21a | -1.99a | -3.41a |
| Income before taxes | 434.04a | 476.55a | 448.07a |
| Provision for income taxes | -111.82a | -122.56a | -114.07a |
| Net income | 322.22a | 353.99a | 334a |
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