
Tricon Residential Inc.
TCNFinancial Statements
Income Statement (Annual)
Amounts in millions
2023
12/31/2023
Revenue
866
Cost of Revenue
231
Gross Profit
635
Gross Margin
73.3%
Operating Income
246
Operating Margin
28.4%
Net Income
122
Net Margin
14.1%
EPS (Basic)
$0.42
EPS (Diluted)
$0.42
EBITDA
264
EBITDA Margin
30.5%
2022
12/31/2022
Revenue
806
Cost of Revenue
344
Gross Profit
461
Gross Margin
57.3%
Operating Income
391
Operating Margin
48.6%
Net Income
814
Net Margin
101.1%
EPS (Basic)
$2.95
EPS (Diluted)
$2.09
EBITDA
407
EBITDA Margin
50.5%
2021
12/31/2021
Revenue
492
Cost of Revenue
278
Gross Profit
214
Gross Margin
43.5%
Operating Income
233
Operating Margin
47.2%
Net Income
445
Net Margin
90.4%
EPS (Basic)
$2.03
EPS (Diluted)
$2.00
EBITDA
245
EBITDA Margin
49.7%
2020
12/31/2020
Revenue
512
Cost of Revenue
192
Gross Profit
320
Gross Margin
62.5%
Operating Income
259
Operating Margin
50.6%
Net Income
113
Net Margin
22.1%
EPS (Basic)
$0.58
EPS (Diluted)
$0.58
EBITDA
270
EBITDA Margin
52.7%
2019
12/31/2019
Revenue
40
Cost of Revenue
6
Gross Profit
33
Gross Margin
83.9%
Operating Income
191
Operating Margin
478.9%
Net Income
112
Net Margin
279.6%
EPS (Basic)
$0.65
EPS (Diluted)
$0.58
EBITDA
197
EBITDA Margin
494.7%