American Funds American Balanced A (ABALX) Financial Statements

Income statement

Metric	TTM	2024	2023	2022	2021
Revenue
Total Revenue	833.4M	833.4M	855.0M	774.8M	372.7M
Cost of Revenue	730.3M	735.2M	806.4M	684.2M	353.1M
Gross Profit	103.1M	98.2M	48.6M	90.6M	19.5M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	34.2M	29.4M	22.8M	21.5M	17.6M
General & Admin Expense	5.6M	—	15.9M	14.2M	14.2M
Selling & Marketing Expense	5.1M	—	6.9M	7.3M	3.5M
Other Expenses	—	—	—	—	—
Total Operating Expenses	19.3M	14.5M	6.3M	14.9M	17.1M
Cost and Expenses	749.6M	749.6M	812.7M	699.1M	370.3M
Operating Income (EBIT)	68.8M	68.8M	25.8M	69.1M	1.9M
Non-Operating
Interest Income	14.7M	14.7M	5.2M	130.0K	1.8M
Interest Expense	—	—	—	—	—
Net Interest Income	14.7M	14.7M	5.2M	130.0K	1.8M
Other Non-Op Income/Expense	29.6M	29.6M	21.7M	6.8M	2.3M
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	98.5M	98.5M	47.5M	75.8M	4.2M
Income Tax Expense	22.6M	22.6M	9.5M	19.0M	546.0K
Bottom Line
Net Income	60.9M	60.9M	27.7M	47.6M	1.9M
Earnings from Cont. Ops	60.9M	60.9M	27.7M	47.6M	1.9M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	60.9M	60.9M	27.7M	47.6M	1.9M
Per Share
Basic EPS	$3.48	$3.47	$1.57	$2.65	$0.10
Diluted EPS	$3.47	$3.47	$1.57	$2.65	$0.10
Revenue Per Share	$0.12	$0.12	$0.13	$0.12	$0.06
Shares
Basic Shares Outstanding	6.7B	6.7B	6.7B	6.7B	6.7B
Diluted Shares Outstanding	6.7B	6.7B	6.7B	6.7B	6.7B
Profitability Metrics
EBITDA	86.6M	86.6M	43.8M	87.1M	20.0M
D&A	20.4M	23.0M	18.0M	18.0M	18.1M
EBIT	14.1M	—	25.8M	69.1M	1.9M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jan 1, 2024