Azek Historical Income Statement
AZEK Stock | USD 49.81 1.59 3.30% |
Historical analysis of Azek income statement accounts such as Other Operating Expenses of 857.8 M, Net Income Applicable To Common Shares of 82.1 M or Income Tax Expense of 59 M can show how well Azek Company performed in making a profits. Evaluating Azek income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Azek's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Azek Company 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 Azek Company is a good buy for the upcoming year.
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About Azek Income Statement Analysis
Azek Company 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 Azek shareholders. The income statement also shows Azek 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).
Azek Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Azek Company. It is also known as Azek 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.Total Revenue
Total revenue comprises all receipts Azek Company 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 Azek Company minus its cost of goods sold. It is profit before Azek 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.Most accounts from Azek's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Azek Company 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 Azek Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Azek's Income Before Tax is quite stable compared to the past year. Net Income is expected to rise to about 161 M this year, although the value of EBIT will most likely fall to about 84.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 409.3M | 437.7M | 541.8M | 371.1M | Total Revenue | 1.4B | 1.4B | 1.4B | 1.1B |
Azek income statement Correlations
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Azek Account Relationship Matchups
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Azek income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 71.2M | 20.3M | 25.0M | 39.3M | 40.3M | 37.5M | |
Other Operating Expenses | 920.1M | 1.0B | 1.2B | 1.2B | 1.2B | 857.8M | |
Net Income Applicable To Common Shares | (122.2M) | 93.2M | 75.2M | 68.0M | 78.1M | 82.1M | |
Income Tax Expense | (8.3M) | 28.7M | 28.8M | 23.9M | 56.1M | 59.0M | |
Ebit | (59.3M) | 143.2M | 118.3M | 131.2M | 126.4M | 84.3M | |
Tax Provision | (8.3M) | 28.7M | 28.8M | 23.9M | 27.5M | 28.9M | |
Interest Income | 68.7M | 83.2M | 0.0 | 4.3M | 3.9M | 3.7M | |
Selling General Administrative | 316.9M | 246.8M | 279.9M | 306.2M | 239.1M | 258.1M | |
Total Revenue | 899.3M | 1.2B | 1.4B | 1.4B | 1.4B | 1.1B | |
Gross Profit | 296.1M | 390.0M | 409.3M | 437.7M | 541.8M | 371.1M | |
Operating Income | (20.8M) | 142.1M | 128.9M | 131.2M | 212.1M | 222.7M | |
Cost Of Revenue | 603.2M | 789.0M | 946.3M | 932.7M | 899.7M | 777.6M | |
Income Before Tax | (130.5M) | 121.8M | 104.0M | 91.9M | 209.5M | 220.0M | |
Net Income | (122.2M) | 88.9M | 67.2M | 68.0M | 153.4M | 161.0M | |
Net Interest Income | (71.2M) | (20.3M) | (25.0M) | (39.3M) | (45.2M) | (47.4M) | |
Depreciation And Amortization | 99.8M | 101.5M | 118.5M | 132.5M | 152.4M | 118.5M | |
Selling And Marketing Expenses | 308.3M | 37.8M | 52.5M | 1.1M | 62.2M | 90.3M | |
Net Income From Continuing Ops | (122.2M) | 93.2M | 75.2M | 68.0M | 78.1M | 82.1M | |
Research Development | 7.7M | 7.4M | 9.5M | 9.2M | 10.6M | 9.1M | |
Ebitda | 40.4M | 244.8M | 236.8M | 263.7M | 212.1M | 200.6M | |
Total Operating Expenses | 316.9M | 246.8M | 279.9M | 305.2M | 327.8M | 285.7M | |
Reconciled Depreciation | 99.8M | 101.6M | 118.5M | 132.5M | 152.4M | 114.4M | |
Total Other Income Expense Net | (108.8M) | (20.3M) | (25.0M) | (39.3M) | (2.6M) | (2.7M) |
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Is Building Products 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 Azek. If investors know Azek 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 Azek 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 0.478 | Earnings Share 1.04 | Revenue Per Share 10.094 | Quarterly Revenue Growth 0.121 | Return On Assets 0.0603 |
The market value of Azek Company is measured differently than its book value, which is the value of Azek that is recorded on the company's balance sheet. Investors also form their own opinion of Azek's value that differs from its market value or its book value, called intrinsic value, which is Azek'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 Azek's market value can be influenced by many factors that don't directly affect Azek'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 Azek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azek'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.