Publix annual revenue was $38.46 b in FY 2019

Publix Gross profit (Q2, 2020)3.3 B

Publix Gross profit margin (Q2, 2020), %28.9%

Publix Net income (Q2, 2020)1.4 B

Publix EBIT (Q2, 2020)1.1 B

Publix Cash, 27-Jun-20201.4 B

Publix revenue was $38.46 b in FY, 2019

## Founding Date | 1930 |

Publix revenue breakdown by business segment: 84.0% from Grocery and 16.0% from Other

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Revenue | 34.3b | 34.8b | 36.4b | 38.5b |

| 5% | 2% | 4% | |

## Cost of goods sold | 24.7b | 25.1b | 26.3b | 27.7b |

## Gross profit | 9.5b | 9.7b | 10.1b | 10.7b |

| 28% | 28% | 28% | 28% |

## General and administrative expense | 7.0b | |||

## Operating expense total | 7.0b | 33.7b | 7.8b | |

## EBIT | 2.8b | 2.7b | 2.7b | 2.9b |

| 8% | 8% | 8% | 8% |

## Investment income | 133.1m | 226.6m | 814.4m | |

## Pre tax profit | 3.0b | 3.8b | ||

## Income tax expense | 914.7m | 735.6m | 539.8m | 780.6m |

## Net Income | 2.0b | 2.3b | 2.4b | 3.0b |

- Source: SEC Filings

USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2018 | Q2, 2018 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 8.8b | 8.2b | 8.1b | 8.8b | 8.5b | 8.6b | 9.3b | 8.8b | 8.9b | 9.8b | 9.4b | 9.4b | 11.3b | 11.5b |

## Cost of goods sold | 6.3b | 5.9b | 5.9b | 6.3b | 6.1b | 6.2b | 6.7b | 6.4b | 6.4b | 7.0b | 6.8b | 6.8b | 8.0b | 8.2b |

## Gross profit | 2.5b | 2.3b | 2.2b | 2.5b | 2.4b | 2.4b | 2.7b | 2.5b | 2.4b | 2.8b | 2.6b | 2.6b | 3.3b | 3.3b |

| 29% | 28% | 27% | 29% | 28% | 28% | 29% | 28% | 27% | 29% | 28% | 27% | 29% | 29% |

## General and administrative expense | 1.8b | 1.8b | 1.8b | |||||||||||

## Operating expense total | 8.0b | 7.5b | 7.6b | 8.0b | 7.9b | 8.0b | 1.8b | 1.8b | 8.3b | 8.9b | 2.0b | 2.0b | 2.1b | 2.2b |

## EBIT | 826.8m | 659.4m | 535.6m | 740.0m | 613.3m | 634.8m | 834.0m | 642.8m | 583.2m | 856.6m | 679.4m | 612.0m | 1.2b | 1.1b |

| 9% | 8% | 7% | 8% | 7% | 7% | 9% | 7% | 7% | 9% | 7% | 6% | 10% | 9% |

## Investment income | 4.1m | 108.3m | 230.2m | 145.1m | 70.0m | 674.5m | ||||||||

## Pre tax profit | 860.1m | 774.7m | 832.4m | 1.2b | 841.9m | 702.3m | 837.7m | 1.7b | ||||||

## Income tax expense | 284.4m | 220.9m | 157.2m | 259.7m | 230.2m | 215.5m | 179.9m | 158.6m | 154.7m | 262.1m | 180.8m | 128.3m | 170.4m | 381.3m |

## Net Income | 581.9m | 478.2m | 421.1m | 555.3m | 495.1m | 474.9m | 680.3m | 616.2m | 677.7m | 981.0m | 661.1m | 574.0m | 667.3m | 1.4b |

- Source: SEC Filings

USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|---|

## Cash | 605.9m | 366.9m | 337.4m | 301.9m | 407.5m | 352.2m | 438.3m | 579.9m | 599.3m | 763.4m |

## Accounts Receivable | 492.3m | 543.0m | 519.1m | 540.2m | 549.4m | 723.7m | 715.3m | 671.4m | 683.0m | 737.1m |

## Prepaid Expenses | 25.4m | 24.3m | 28.1m | 41.5m | 122.2m | 75.7m | ||||

## Inventories | 1.5b | 1.6b | 1.7b | 1.7b | 1.9b | |||||

## Current Assets | 2.9b | 2.8b | 3.1b | 3.3b | 3.7b | 4.3b | 4.6b | 4.1b | 3.8b | 3.9b |

## PP&E | 4.4b | 4.5b | 4.7b | 4.8b | 5.7b | 10.7b | 12.0b | 8.0b | 8.6b | 9.2b |

## Total Assets | 10.2b | 11.3b | 12.3b | 13.5b | 15.1b | 16.4b | 17.5b | 18.2b | 19.0b | 24.5b |

## Accounts Payable | 1.2b | 1.1b | 1.3b | 1.4b | 1.5b | 1.7b | 1.6b | 1.8b | 1.9b | 2.0b |

## Short-term debt | 72.9m | 15.1m | 5.0m | 37.5m | 24.9m | 56.7m | 114.0m | 37.9m | 5.0m | 39.7m |

## Current Liabilities | 2.1b | 2.1b | 2.2b | 2.4b | 2.7b | 2.9b | 2.9b | 3.1b | 3.0b | 3.7b |

## Long-term debt | 76.5m | 119.5m | 153.5m | 124.6m | 192.7m | 179.8m | 136.6m | 155.2m | 162.7m | 2.7b |

## Total Debt | 149.4m | 134.6m | 158.5m | 162.2m | 217.6m | 236.4m | 250.6m | 193.1m | 167.7m | 2.8b |

## Total Liabilities | 2.9b | 2.9b | 3.1b | 4.1b | 4.0b | 7.6b | ||||

## Common Stock | 781.0m | 779.7m | 776.1m | 776.7m | 774.5m | 770.2m | 763.2m | 733.4m | 715.4m | 706.6m |

## Additional Paid-in Capital | 1.1b | 1.4b | 1.6b | 1.9b | 2.2b | 2.6b | 2.8b | 3.1b | 3.5b | 3.8b |

## Retained Earnings | 5.3b | 6.1b | 6.6b | 7.5b | 8.2b | 9.0b | 9.8b | 10.0b | 10.8b | 12.3b |

## Total Equity | 7.3b | 8.3b | 6.8b | 10.3b | 11.3b | 9.4b | 10.4b | 14.1b | 11.8b | 13.6b |

## Debt to Equity Ratio | 0 x | 0 x | 0 x | 0 x | 0 x | 0 x | ||||

## Debt to Assets Ratio | 0 x | 0 x | 0 x | 0 x | 0 x | 0 x | ||||

## Financial Leverage | 1.4 x | 1.4 x | 1.8 x | 1.3 x | 1.3 x | 1.7 x | 1.7 x | 1.3 x | 1.6 x | 1.8 x |

- Source: SEC Filings

- Source: SEC Filings

USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|---|---|---|---|---|---|

## Net Income | 1.3b | 1.5b | 1.6b | 1.7b | 1.7b | 2.0b | 2.0b | 2.3b | 2.4b | 3.0b |

## Depreciation and Amortization | 507.3m | 492.6m | 493.2m | 664.0m | 677.2m | 716.7m | ||||

## Accounts Receivable | (16.2m) | (50.8m) | (22.5m) | (21.1m) | (8.8m) | (174.6m) | 8.3m | 43.9m | (10.8m) | (54.9m) |

## Inventories | (26.2m) | (3.1m) | 76.1m | (112.4m) | (121.4m) | (168.8m) | 22.8m | (177.2m) | 3.6m | (104.5m) |

## Accounts Payable | 63.9m | (51.7m) | 181.9m | 76.1m | 268.5m | 114.8m | (74.9m) | 151.2m | 112.4m | 181.2m |

## Cash From Operating Activities | 2.3b | 2.3b | 2.6b | 2.6b | 2.8b | 2.9b | 3.3b | 3.6b | 3.6b | 4.0b |

## Purchases of PP&E | (468.5m) | (603.0m) | (697.1m) | (1.4b) | (1.1b) | |||||

## Capital Expenditures | (668.5m) | (1.4b) | (1.2b) | (1.4b) | (1.4b) | |||||

## Cash From Investing Activities | (1.4b) | (1.8b) | (1.6b) | (1.7b) | (1.6b) | (1.8b) | (1.8b) | (1.2b) | (1.7b) | (2.3b) |

## Long-term Borrowings | (49.1m) | (18.3m) | (16.8m) | (57.4m) | (30.2m) | (49.8m) | (75.3m) | (43.6m) | (11.1m) | |

## Dividends Paid | (364.1m) | (418.7m) | (698.7m) | (547.3m) | (577.2m) | (612.8m) | (667.9m) | (689.7m) | (734.5m) | (828.7m) |

## Cash From Financing Activities | (621.9m) | (760.8m) | (1.1b) | (881.3m) | (1.0b) | (1.2b) | (1.4b) | (2.2b) | (1.9b) | (1.6b) |

## Net Change in Cash | 235.4m | (239.0m) | (29.5m) | 141.6m | 19.3m | 164.1m | ||||

## Income Taxes Paid | 686.0m | 658.2m | 785.1m | (789.7m) | (895.8m) | (721.2m) | (683.5m) | (478.5m) | ||

## Free Cash Flow | 1.9b | 1.4b | 1.7b | 1.8b | 2.2b |

- Source: SEC Filings

- Source: SEC Filings

USD | Q1, 2010 |
---|---|

## Financial Leverage | 1.5 x |