AutoNation Historical Income Statement
| AN Stock | USD 179.66 0.08 0.04% |
Historical analysis of AutoNation income statement accounts such as Interest Expense of 342.4 M or Total Revenue of 15.7 B can show how well AutoNation performed in making a profits. Evaluating AutoNation income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AutoNation's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining AutoNation 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 AutoNation is a good buy for the upcoming year.
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About AutoNation Income Statement Analysis
AutoNation 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 AutoNation shareholders. The income statement also shows AutoNation 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).
AutoNation Income Statement Chart
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Total Revenue
Total revenue comprises all receipts AutoNation 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AutoNation. It is also known as AutoNation 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.Cost Of Revenue
Cost of Revenue is found on AutoNation income statement and represents the costs associated with goods and services AutoNation provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from AutoNation's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AutoNation 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 AutoNation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in AutoNation Stock, please use our How to Invest in AutoNation guide.At this time, AutoNation's Income Tax Expense is very stable compared to the past year. As of the 27th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 1.7 B, while Depreciation And Amortization is likely to drop about 177.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | EBITDA | 2.1B | 2.2B | 1.8B | 1.8B | EBIT | 1.9B | 2.0B | 1.5B | 1.6B |
AutoNation income statement Correlations
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AutoNation Account Relationship Matchups
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AutoNation income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 224.2M | 198.9M | 193.3M | 200.3M | 220.5M | 177.6M | |
| Interest Expense | 245.1M | 157.5M | 118.7M | 176.3M | 326.1M | 342.4M | |
| Total Revenue | 21.3B | 20.4B | 25.8B | 27.0B | 26.9B | 15.7B | |
| Gross Profit | 3.5B | 3.6B | 5.0B | 5.3B | 5.1B | 2.7B | |
| Other Operating Expenses | 20.5B | 19.5B | 23.9B | 25.0B | 25.3B | 15.1B | |
| Operating Income | 823.6M | 1.1B | 1.9B | 2.0B | 1.7B | 1.7B | |
| Ebit | 823.6M | 643.8M | 1.9B | 2.0B | 1.5B | 1.6B | |
| Ebitda | 1.0B | 842.7M | 2.1B | 2.2B | 1.8B | 1.8B | |
| Cost Of Revenue | 17.8B | 16.8B | 20.9B | 21.7B | 21.8B | 13.1B | |
| Total Operating Expenses | 2.7B | 2.6B | 3.0B | 3.2B | 3.5B | 2.0B | |
| Income Before Tax | 612.6M | 550.1M | 1.8B | 1.8B | 1.4B | 1.4B | |
| Total Other Income Expense Net | (211M) | (13.1M) | (94.4M) | (174.7M) | (301.7M) | (286.6M) | |
| Net Income | 450M | 381.6M | 1.4B | 1.4B | 1.0B | 1.1B | |
| Income Tax Expense | 161.8M | 168.3M | 435.1M | 455.8M | 330M | 346.5M | |
| Selling General Administrative | 2.4B | 2.3B | 2.7B | 2.8B | 3.0B | 1.8B | |
| Net Income Applicable To Common Shares | 450M | 381.6M | 1.4B | 1.4B | 1.6B | 1.7B | |
| Discontinued Operations | 100K | (800K) | (200K) | (300K) | (345K) | (362.3K) | |
| Net Income From Continuing Ops | 450.8M | 381.8M | 1.4B | 1.4B | 1.0B | 624.1M | |
| Non Operating Income Net Other | 34.1M | 144.4M | 24.3M | (14.7M) | (16.9M) | (16.1M) | |
| Selling And Marketing Expenses | 187.8M | 161.7M | 170.3M | 184.3M | 243.5M | 200.8M | |
| Tax Provision | 161.8M | 168.3M | 435.1M | 455.8M | 330M | 297.7M | |
| Interest Income | 500K | 300K | 118.7M | 176.3M | 202.7M | 212.9M | |
| Extraordinary Items | 5.1M | (800K) | (200K) | (300K) | (270K) | (256.5K) | |
| Net Interest Income | (244.6M) | (157.2M) | (118.7M) | (176.3M) | (326.1M) | (342.4M) | |
| Reconciled Depreciation | 180.5M | 198.9M | 193.3M | 200.3M | 220.5M | 207.2M |
Pair Trading with AutoNation
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 AutoNation 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 AutoNation will appreciate offsetting losses from the drop in the long position's value.Moving against AutoNation Stock
The ability to find closely correlated positions to AutoNation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoNation 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 AutoNation - 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 AutoNation to buy it.
The correlation of AutoNation 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 AutoNation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoNation 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 AutoNation 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 AutoNation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in AutoNation Stock, please use our How to Invest in AutoNation guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Automotive Retail 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 AutoNation. If investors know AutoNation 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 AutoNation 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 (0.17) | Earnings Share 17.39 | Revenue Per Share 638.438 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0657 |
The market value of AutoNation is measured differently than its book value, which is the value of AutoNation that is recorded on the company's balance sheet. Investors also form their own opinion of AutoNation's value that differs from its market value or its book value, called intrinsic value, which is AutoNation'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 AutoNation's market value can be influenced by many factors that don't directly affect AutoNation'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 AutoNation's value and its price as these two are different measures arrived at by different means. Investors typically determine if AutoNation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AutoNation'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.