Assurant Historical Income Statement
AIZ Stock | USD 213.12 4.21 1.94% |
Historical analysis of Assurant income statement accounts such as Selling General Administrative of 8.9 B, Total Revenue of 9.3 B or Gross Profit of 9.3 B can show how well Assurant performed in making a profits. Evaluating Assurant income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Assurant's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Assurant 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 Assurant is a good buy for the upcoming year.
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About Assurant Income Statement Analysis
Assurant 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 Assurant shareholders. The income statement also shows Assurant 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).
Assurant Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Assurant minus its cost of goods sold. It is profit before Assurant 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 Assurant. It is also known as Assurant 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.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.Most accounts from Assurant's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Assurant 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 Assurant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.At this time, Assurant's Selling General Administrative is fairly stable compared to the past year. Operating Income is likely to rise to about 657.7 M in 2024, whereas Interest Expense is likely to drop slightly above 69.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 10.2B | 10.2B | 11.1B | 9.3B | Total Revenue | 10.2B | 10.2B | 11.1B | 9.3B |
Assurant income statement Correlations
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Assurant Account Relationship Matchups
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Assurant income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 110.6M | 104.5M | 111.8M | 108.3M | 108M | 69.9M | |
Selling General Administrative | 3.3B | 3.1B | 3.2B | 7.4B | 8.5B | 8.9B | |
Total Revenue | 10.1B | 9.6B | 10.2B | 10.2B | 11.1B | 9.3B | |
Gross Profit | 10.1B | 9.6B | 10.2B | 10.2B | 11.1B | 9.3B | |
Other Operating Expenses | 9.5B | 9.0B | 9.4B | 9.8B | 11.1B | 8.3B | |
Operating Income | 550.3M | 502.2M | 1.5B | 458.2M | 642.5M | 657.7M | |
Ebit | 550.3M | 19.9B | 883.1M | 458.2M | 914.8M | 1.5B | |
Ebitda | 676.1M | 20.0B | 1.0B | 639M | 1.1B | 1.6B | |
Total Operating Expenses | (9.5B) | (9.1B) | (8.6B) | 7.4B | 7.7B | 7.3B | |
Income Before Tax | 554.5M | 580.8M | 783M | 349.9M | 806.8M | 679.3M | |
Total Other Income Expense Net | 4.2M | (18.6B) | (9.4B) | 73.3M | 164.3M | 172.5M | |
Net Income | 382.6M | 440.8M | 613.5M | 276.6M | 642.5M | 392.0M | |
Income Tax Expense | 167.7M | 60.4M | 169.5M | 73.3M | 164.3M | 149.2M | |
Net Income Applicable To Common Shares | 363.9M | 423.1M | 1.4B | 276.6M | 318.1M | 489.2M | |
Depreciation And Amortization | 125.8M | 130M | 162.7M | 180.8M | 207.4M | 120.4M | |
Net Income From Continuing Ops | 386.8M | 442.7M | 613.5M | 276.6M | 642.5M | 458.1M | |
Tax Provision | 167.7M | 72.6M | 169.5M | 73.3M | 164.3M | 121.7M | |
Interest Income | 273.6M | 110.4M | 111.8M | 108.3M | 124.5M | 119.2M | |
Net Interest Income | (110.6M) | (104.5M) | (111.8M) | (108.3M) | (108M) | (113.4M) | |
Reconciled Depreciation | 125.8M | 144.3M | 171.6M | 182M | 196.4M | 167.0M |
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When running Assurant's price analysis, check to measure Assurant'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 Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.