Cowen Inc.
COWNFinancial Statements
Income Statement (Annual)
Amounts in millions
2022
12/31/2022
Revenue
1,538
Cost of Revenue
1,198
Gross Profit
339
Gross Margin
22.1%
Operating Income
342
Operating Margin
22.2%
Net Income
76
Net Margin
5.0%
EPS (Basic)
$2.47
EPS (Diluted)
$2.21
EBITDA
363
EBITDA Margin
23.6%
2021
12/31/2021
Revenue
2,113
Cost of Revenue
1,437
Gross Profit
676
Gross Margin
32.0%
Operating Income
636
Operating Margin
30.1%
Net Income
296
Net Margin
14.0%
EPS (Basic)
$10.42
EPS (Diluted)
$8.85
EBITDA
636
EBITDA Margin
30.1%
2020
12/31/2020
Revenue
1,623
Cost of Revenue
1,215
Gross Profit
408
Gross Margin
25.1%
Operating Income
22
Operating Margin
1.4%
Net Income
216
Net Margin
13.3%
EPS (Basic)
$7.54
EPS (Diluted)
$7.10
EBITDA
508
EBITDA Margin
31.3%
2019
12/31/2019
Revenue
1,049
Cost of Revenue
832
Gross Profit
218
Gross Margin
20.8%
Operating Income
-176
Operating Margin
-16.7%
Net Income
56
Net Margin
5.3%
EPS (Basic)
$1.79
EPS (Diluted)
$1.79
EBITDA
260
EBITDA Margin
24.8%
2018
12/31/2018
Revenue
967
Cost of Revenue
802
Gross Profit
165
Gross Margin
17.1%
Operating Income
-3
Operating Margin
-0.3%
Net Income
43
Net Margin
4.4%
EPS (Basic)
$1.39
EPS (Diluted)
$1.39
EBITDA
71
EBITDA Margin
7.3%