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.
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.
Smith |
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. Add Fundamental
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.Operating Income
Operating Income is the amount of profit realized from Smith AO operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Smith AO is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 |
Smith AO income statement Correlations
Click cells to compare fundamentals
Smith AO Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Smith AO Investors Sentiment
The influence of Smith AO's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Smith. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Smith AO's public news can be used to forecast risks associated with an investment in Smith. The trend in average sentiment can be used to explain how an investor holding Smith can time the market purely based on public headlines and social activities around Smith AO. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Smith AO's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Smith AO's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Smith AO's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Smith AO.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Smith AO in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Smith AO's short interest history, or implied volatility extrapolated from Smith AO options trading.
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 | IR | Ingersoll Rand | PairCorr |
Moving against Smith Stock
| 0.67 | ATS | ATS Corporation | PairCorr |
| 0.52 | RR | Richtech Robotics Class | PairCorr |
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.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.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |
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.