Smith Historical Income Statement

AOS Stock

USD 84.31 0.76 0.91%

Historical analysis of Smith AO income statement accounts such as Interest Expense of 12.6 M, Total Revenue of 2 B or Gross Profit of 1.6 B can show how well Smith AO performed in making a profits. Evaluating Smith AO income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Smith AO's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Smith AO latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Smith AO is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Smith AO. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Smith Stock please use our How to Invest in Smith AO guide.

About Smith Income Statement Analysis

Smith AO Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Smith AO shareholders. The income statement also shows Smith investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Smith AO Income Statement Chart

Smith AO Income Statement is one of the three primary financial statements used for reporting Smith's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Smith AO revenue and expense. Smith AO Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Smith AO's Income Tax Expense is comparatively stable compared to the past year. Non Recurring is likely to gain to about 9.3 M in 2024, whereas Total Revenue is likely to drop slightly above 2 B in 2024.

Depreciation And Amortization Total Revenue Gross Profit Other Operating Expenses Non Operating Income Net Other Selling And Marketing Expenses

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Smith AO generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Smith AO minus its cost of goods sold. It is profit before Smith AO operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Smith AO. It is also known as Smith AO overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Smith AO's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Smith AO current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Smith AO. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Smith Stock please use our How to Invest in Smith AO guide.At this time, Smith AO's Income Tax Expense is comparatively stable compared to the past year. Non Recurring is likely to gain to about 9.3 M in 2024, whereas Total Revenue is likely to drop slightly above 2 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	1.3B	1.5B	1.6B
Total Revenue	3.5B	3.8B	3.9B	2.0B

Gross Profit Total Revenue

Smith AO income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Selling And Marketing Expenses	Tax Provision	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.45	0.93	0.75	0.94	0.54	0.54	0.56	0.89	0.83	0.54	-0.41	0.52	0.32	0.97	0.93	-0.72	-0.77	0.76	-0.15	0.74	0.58	-0.11	-0.09	0.39
Interest Expense	0.45		0.43	0.66	0.44	0.55	0.56	0.58	0.43	0.66	0.56	-0.07	0.62	0.46	0.51	0.46	-0.68	-0.48	0.27	-0.5	0.36	0.37	-0.38	-0.74	0.44
Total Revenue	0.93	0.43		0.81	1.0	0.59	0.58	0.61	0.98	0.8	0.58	-0.44	0.57	0.32	0.92	0.96	-0.59	-0.68	0.74	-0.37	0.7	0.6	-0.25	-0.19	0.41
Gross Profit	0.75	0.66	0.81		0.81	0.88	0.88	0.89	0.8	0.96	0.87	-0.53	0.84	0.61	0.78	0.88	-0.64	-0.76	0.79	-0.54	0.81	0.78	-0.37	-0.53	0.66
Other Operating Expenses	0.94	0.44	1.0	0.81		0.58	0.58	0.6	0.99	0.81	0.58	-0.44	0.58	0.31	0.93	0.96	-0.62	-0.7	0.74	-0.37	0.7	0.59	-0.26	-0.18	0.42
Operating Income	0.54	0.55	0.59	0.88	0.58		1.0	1.0	0.57	0.82	1.0	-0.48	0.93	0.83	0.59	0.71	-0.45	-0.59	0.77	-0.38	0.68	0.7	-0.22	-0.57	0.66
Ebit	0.54	0.56	0.58	0.88	0.58	1.0		1.0	0.56	0.82	1.0	-0.45	0.92	0.84	0.59	0.71	-0.47	-0.6	0.77	-0.37	0.67	0.7	-0.21	-0.57	0.64
Ebitda	0.56	0.58	0.61	0.89	0.6	1.0	1.0		0.59	0.84	1.0	-0.46	0.92	0.83	0.62	0.73	-0.49	-0.63	0.78	-0.38	0.69	0.71	-0.22	-0.57	0.65
Cost Of Revenue	0.89	0.43	0.98	0.8	0.99	0.57	0.56	0.59		0.76	0.56	-0.48	0.58	0.25	0.85	0.91	-0.55	-0.63	0.69	-0.48	0.66	0.53	-0.37	-0.23	0.49
Total Operating Expenses	0.83	0.66	0.8	0.96	0.81	0.82	0.82	0.84	0.76		0.82	-0.43	0.77	0.62	0.88	0.9	-0.78	-0.85	0.83	-0.32	0.86	0.81	-0.2	-0.4	0.53
Income Before Tax	0.54	0.56	0.58	0.87	0.58	1.0	1.0	1.0	0.56	0.82		-0.43	0.93	0.84	0.6	0.71	-0.47	-0.59	0.78	-0.35	0.66	0.7	-0.19	-0.55	0.63
Total Other Income Expense Net	-0.41	-0.07	-0.44	-0.53	-0.44	-0.48	-0.45	-0.46	-0.48	-0.43	-0.43		-0.38	-0.15	-0.31	-0.44	0.02	0.31	-0.38	0.48	-0.66	-0.31	0.46	0.39	-0.71
Net Income	0.52	0.62	0.57	0.84	0.58	0.93	0.92	0.92	0.58	0.77	0.93	-0.38		0.68	0.58	0.66	-0.53	-0.44	0.73	-0.42	0.52	0.58	-0.34	-0.54	0.7
Income Tax Expense	0.32	0.46	0.32	0.61	0.31	0.83	0.84	0.83	0.25	0.62	0.84	-0.15	0.68		0.44	0.49	-0.37	-0.45	0.55	-0.05	0.47	0.62	0.25	-0.44	0.26
Selling General Administrative	0.97	0.51	0.92	0.78	0.93	0.59	0.59	0.62	0.85	0.88	0.6	-0.31	0.58	0.44		0.95	-0.77	-0.77	0.78	-0.12	0.74	0.68	-0.03	-0.13	0.28
Research Development	0.93	0.46	0.96	0.88	0.96	0.71	0.71	0.73	0.91	0.9	0.71	-0.44	0.66	0.49	0.95		-0.63	-0.76	0.86	-0.27	0.78	0.77	-0.14	-0.23	0.42
Minority Interest	-0.72	-0.68	-0.59	-0.64	-0.62	-0.45	-0.47	-0.49	-0.55	-0.78	-0.47	0.02	-0.53	-0.37	-0.77	-0.63		0.76	-0.5	0.11	-0.61	-0.4	0.08	0.14	-0.22
Discontinued Operations	-0.77	-0.48	-0.68	-0.76	-0.7	-0.59	-0.6	-0.63	-0.63	-0.85	-0.59	0.31	-0.44	-0.45	-0.77	-0.76	0.76		-0.65	0.18	-0.88	-0.59	0.11	0.19	-0.31
Net Income From Continuing Ops	0.76	0.27	0.74	0.79	0.74	0.77	0.77	0.78	0.69	0.83	0.78	-0.38	0.73	0.55	0.78	0.86	-0.5	-0.65		0.0	0.67	0.81	0.03	-0.06	0.48
Non Operating Income Net Other	-0.15	-0.5	-0.37	-0.54	-0.37	-0.38	-0.37	-0.38	-0.48	-0.32	-0.35	0.48	-0.42	-0.05	-0.12	-0.27	0.11	0.18	0.0		-0.3	-0.09	0.87	0.73	-0.6
Non Recurring	0.74	0.36	0.7	0.81	0.7	0.68	0.67	0.69	0.66	0.86	0.66	-0.66	0.52	0.47	0.74	0.78	-0.61	-0.88	0.67	-0.3		0.66	-0.21	-0.3	0.44
Selling And Marketing Expenses	0.58	0.37	0.6	0.78	0.59	0.7	0.7	0.71	0.53	0.81	0.7	-0.31	0.58	0.62	0.68	0.77	-0.4	-0.59	0.81	-0.09	0.66		0.11	-0.27	0.29
Tax Provision	-0.11	-0.38	-0.25	-0.37	-0.26	-0.22	-0.21	-0.22	-0.37	-0.2	-0.19	0.46	-0.34	0.25	-0.03	-0.14	0.08	0.11	0.03	0.87	-0.21	0.11		0.56	-0.63
Net Interest Income	-0.09	-0.74	-0.19	-0.53	-0.18	-0.57	-0.57	-0.57	-0.23	-0.4	-0.55	0.39	-0.54	-0.44	-0.13	-0.23	0.14	0.19	-0.06	0.73	-0.3	-0.27	0.56		-0.55
Reconciled Depreciation	0.39	0.44	0.41	0.66	0.42	0.66	0.64	0.65	0.49	0.53	0.63	-0.71	0.7	0.26	0.28	0.42	-0.22	-0.31	0.48	-0.6	0.44	0.29	-0.63	-0.55

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Smith AO Account Relationship Matchups

Smith AO income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	71.9M	78.3M	80M	77.9M	76.9M	48.4M
Total Revenue	3.0B	2.9B	3.5B	3.8B	3.9B	2.0B
Gross Profit	1.2B	1.1B	1.3B	1.3B	1.5B	1.6B
Other Operating Expenses	2.5B	2.4B	2.9B	3.1B	3.1B	1.8B
Operating Income	483.1M	458.9M	629.9M	233.1M	757.4M	795.3M
Ebit	483.1M	458.9M	629.9M	233.1M	764.3M	802.5M
Ebitda	561.4M	538.9M	707.8M	310M	842.6M	884.7M
Cost Of Revenue	1.8B	1.8B	2.2B	2.4B	2.4B	1.4B
Total Operating Expenses	715.6M	660.3M	701.4M	670.9M	727.4M	763.8M
Income Before Tax	472.1M	443.9M	625.6M	223.7M	733.5M	770.2M
Total Other Income Expense Net	(11M)	(15M)	(4.3M)	(9.4M)	(11.9M)	(11.3M)
Net Income	370M	344.9M	487.1M	235.7M	556.6M	584.4M
Income Tax Expense	102.1M	99M	138.5M	(12M)	176.9M	185.7M
Selling General Administrative	604.9M	563.3M	594.4M	570.5M	633.5M	367.3M
Research Development	87.9M	80.7M	94.2M	89M	97.5M	64.7M
Net Income Applicable To Common Shares	370M	344.9M	487.1M	235.7M	271.1M	206.2M
Net Income From Continuing Ops	370M	344.9M	487.1M	235.7M	299.2M	298.2M
Non Operating Income Net Other	18M	11M	20.4M	(425.6M)	(383.0M)	(363.9M)
Selling And Marketing Expenses	110.7M	97M	107M	100.4M	93.9M	112.3M
Tax Provision	102.1M	99M	138.5M	(12M)	14.5M	13.8M
Reconciled Depreciation	71.9M	78.3M	80M	77.9M	76.9M	83.8M

Pair Trading with Smith AO

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Smith AO position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Smith AO will appreciate offsetting losses from the drop in the long position's value.

Moving together with Smith Stock

0.8

Ingersoll Rand

Pair Corr

Moving against Smith Stock

0.67	ATS	ATS Corporation	Pair Corr
0.52	RR	Richtech Robotics Class	Pair Corr

The ability to find closely correlated positions to Smith AO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smith AO when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Smith AO - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Smith AO to buy it.

The correlation of Smith AO is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Smith AO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smith AO moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Smith AO can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Smith AO is a strong investment it is important to analyze Smith AO's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smith AO's future performance. For an informed investment choice regarding Smith Stock, refer to the following important reports:

How To Invest In Smith

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Is Smith Stock a good investment?

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What is Smith AO's Net Worth?

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For more information on how to buy Smith Stock please use our How to Invest in Smith AO guide.

You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Smith Stock analysis

When running Smith AO's price analysis, check to measure Smith AO's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Smith AO is operating at the current time. Most of Smith AO's value examination focuses on studying past and present price action to predict the probability of Smith AO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smith AO's price. Additionally, you may evaluate how the addition of Smith AO to your portfolios can decrease your overall portfolio volatility.

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Is Smith AO's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smith AO. If investors know Smith will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smith AO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.19

Dividend Share

1.24

Earnings Share

3.85

Revenue Per Share

25.937

Quarterly Revenue Growth

0.013

The market value of Smith AO is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith AO's value that differs from its market value or its book value, called intrinsic value, which is Smith AO's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smith AO's market value can be influenced by many factors that don't directly affect Smith AO's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Smith AO's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith AO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith AO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Smith Historical Income Statement

About Smith Income Statement Analysis

Smith AO Income Statement Chart

Depreciation And Amortization

Total Revenue

Gross Profit

Other Operating Expenses

Smith AO income statement Correlations

Smith AO Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Smith AO income statement Accounts

Pair Trading with Smith AO

Moving together with Smith Stock

Moving against Smith Stock

Complementary Tools for Smith Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Income Before Tax	+ 1.0	Ebit

Non Recurring	- 0.88	Discontinued Operations
Discontinued Operations	- 0.85	Total Operating Expenses
Minority Interest	- 0.78	Total Operating Expenses
Discontinued Operations	- 0.77	Selling General Administrative
Minority Interest	- 0.77	Selling General Administrative
Discontinued Operations	- 0.77	Depreciation And Amortization