Goosehead Historical Income Statement
GSHD Stock | USD 121.31 2.86 2.41% |
Historical analysis of Goosehead Insurance income statement accounts such as Interest Expense of 3.6 M or Selling General Administrative of 112.5 M can show how well Goosehead Insurance performed in making a profits. Evaluating Goosehead Insurance income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Goosehead Insurance's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Goosehead Insurance 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 Goosehead Insurance is a good buy for the upcoming year.
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About Goosehead Income Statement Analysis
Goosehead Insurance 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 Goosehead Insurance shareholders. The income statement also shows Goosehead 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).
Goosehead Insurance Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Goosehead Insurance 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 Goosehead Insurance minus its cost of goods sold. It is profit before Goosehead Insurance 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 Goosehead Insurance. It is also known as Goosehead Insurance 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.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Goosehead Insurance whose combined shares represent less than 50% of the total outstanding shares issued by Goosehead Insurance have a minority interest in Goosehead Insurance.Most accounts from Goosehead Insurance's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Goosehead Insurance 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goosehead Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.At present, Goosehead Insurance's Operating Income is projected to decrease significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 24.9 M, whereas Interest Income is forecasted to decline to about 851.6 K.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 5.1M | 7.1M | 9.5M | 9.9M | Interest Income | 1.2M | 1.4M | 1.4M | 851.6K |
Goosehead Insurance income statement Correlations
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Goosehead Insurance income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Net Interest Income | (2.4M) | (2.3M) | (2.9M) | (5.0M) | (6.6M) | (6.2M) | |
Interest Income | 617K | 813K | 1.2M | 1.4M | 1.4M | 851.6K | |
Depreciation And Amortization | 1.9M | 3.6M | 5.1M | 7.1M | 9.5M | 9.9M | |
Interest Expense | 2.4M | 2.3M | 2.9M | 5.0M | 6.6M | 3.6M | |
Selling General Administrative | 60.8M | 92.4M | 134.8M | 186.2M | 214.7M | 112.5M | |
Total Revenue | 77.5M | 117.0M | 151.3M | 209.4M | 261.3M | 130.7M | |
Gross Profit | 35.8M | 50.2M | 58.3M | 76.1M | 108.7M | 55.7M | |
Other Operating Expenses | 65.8M | 97.1M | 142.6M | 199.3M | 224.7M | 119.4M | |
Operating Income | (25.6M) | (36.1M) | (64.4M) | 8.3M | 36.6M | 38.4M | |
Net Income From Continuing Ops | 10.4M | 18.8M | 8.3M | 2.6M | 23.7M | 24.9M | |
Ebit | (25.6M) | (36.6M) | (64.6M) | 8.1M | 36.4M | 38.2M | |
Ebitda | (23.7M) | (33.0M) | (59.5M) | 15.2M | 45.8M | 48.1M | |
Cost Of Revenue | 41.7M | 66.8M | 93.0M | 133.3M | 152.6M | 81.1M | |
Total Operating Expenses | (103.1M) | (153.2M) | (215.7M) | 199.3M | 215.4M | 226.2M | |
Income Before Tax | 11.7M | 17.7M | 6.0M | 5.1M | 26.4M | 27.7M | |
Total Other Income Expense Net | 37.3M | 44.4M | 67.5M | 107.7M | 143.8M | 151.0M | |
Net Income Applicable To Common Shares | 3.6M | 9.3M | 5.4M | 565K | 649.8K | 901.8K | |
Net Income | 10.4M | 18.8M | 8.3M | 2.6M | 14.1M | 8.1M | |
Income Tax Expense | 1.3M | (1.0M) | (2.3M) | 2.5M | 2.7M | 3.2M | |
Minority Interest | (22M) | 9.5M | (2.9M) | (2.1M) | (9.6M) | (10.0M) | |
Reconciled Depreciation | 2.1M | 3.6M | 4.9M | 7.1M | 9.5M | 4.8M | |
Tax Provision | 1.3M | (1.0M) | (2.3M) | 2.5M | 2.7M | 2.8M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Goosehead Insurance is a strong investment it is important to analyze Goosehead Insurance'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 Goosehead Insurance's future performance. For an informed investment choice regarding Goosehead Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goosehead Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Insurance Brokers space 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 Goosehead Insurance. If investors know Goosehead 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 Goosehead Insurance 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 0.051 | Earnings Share 0.72 | Revenue Per Share 11.444 | Quarterly Revenue Growth 0.1 | Return On Assets 0.0637 |
The market value of Goosehead Insurance is measured differently than its book value, which is the value of Goosehead that is recorded on the company's balance sheet. Investors also form their own opinion of Goosehead Insurance's value that differs from its market value or its book value, called intrinsic value, which is Goosehead Insurance'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 Goosehead Insurance's market value can be influenced by many factors that don't directly affect Goosehead Insurance'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 Goosehead Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goosehead Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goosehead Insurance'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.