Everest Historical Income Statement
EG Stock | 385.11 8.24 2.19% |
Historical analysis of Everest income statement accounts such as Gross Profit of 15.3 B can show how well Everest Group performed in making a profits. Evaluating Everest income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Everest's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Everest Group 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 Everest Group is a good buy for the upcoming year.
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About Everest Income Statement Analysis
Everest Group 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 Everest shareholders. The income statement also shows Everest 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).
Everest Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Everest Group 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 Everest Group. It is also known as Everest 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.Most accounts from Everest's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Everest Group 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everest Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Everest's Gross Profit is most likely to increase significantly in the upcoming years. The Everest's current Other Operating Expenses is estimated to increase to about 12.9 B, while Income Tax Expense is forecasted to increase to (344.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 11.3B | 12.0B | 14.6B | 15.3B | Interest Expense | 70.1M | 101M | 134M | 140.7M |
Everest income statement Correlations
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Everest Account Relationship Matchups
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Everest income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 31.7M | 36.3M | 70.1M | 101M | 134M | 140.7M | |
Total Revenue | 8.2B | 9.5B | 11.3B | 12.0B | 14.6B | 15.3B | |
Gross Profit | 8.2B | 9.5B | 11.3B | 12.0B | 14.6B | 15.3B | |
Other Operating Expenses | 7.1B | 8.9B | 9.8B | 11.4B | 12.3B | 12.9B | |
Operating Income | 1.1B | 621.7M | 1.6B | 689M | 2.3B | 2.4B | |
Ebit | 1.1B | 621.7M | 1.6B | 689M | 2.3B | 2.4B | |
Ebitda | 1.2B | 671.3M | 1.9B | 689M | (23.5M) | (22.3M) | |
Total Operating Expenses | (7.1B) | (8.9B) | (9.7B) | (11.3B) | 12.3B | 12.9B | |
Net Income | 1.0B | 514.2M | 1.4B | 597M | 2.5B | 2.6B | |
Income Tax Expense | 89.5M | 71.2M | 166.5M | (9M) | (363M) | (344.9M) | |
Income Before Tax | 1.1B | 585.3M | 1.5B | 588M | 2.2B | 2.3B | |
Total Other Income Expense Net | (31.7M) | (36.3M) | (70.1M) | (101M) | (157.5M) | (149.6M) | |
Depreciation And Amortization | 30.9M | 49.7M | 236.7M | (790.1M) | (2.3B) | (2.2B) | |
Selling General Administrative | 33.0M | 41.1M | 67.8M | 61M | 73M | 69.4M | |
Cost Of Revenue | 705.7M | 470.3M | 7.1B | (1M) | (1.2M) | (1.1M) | |
Net Income Applicable To Common Shares | 1.0B | 514.8M | 1.4B | 614M | 706.1M | 692.4M | |
Net Income From Continuing Ops | 1.0B | 514.8M | 1.4B | 614M | 2.2B | 2.3B | |
Tax Provision | 89.5M | 71.2M | 166.5M | (9M) | 241M | 253.1M | |
Interest Income | 31.7M | 36.3M | 12.3M | 2M | 5M | 4.8M | |
Net Interest Income | (31.7M) | (36.3M) | (70.1M) | (101M) | (126M) | (119.7M) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everest Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Reinsurance 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 Everest. If investors know Everest 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 Everest 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 (0.24) | Dividend Share 7.5 | Earnings Share 64.11 | Revenue Per Share 384.03 | Quarterly Revenue Growth 0.128 |
The market value of Everest Group is measured differently than its book value, which is the value of Everest that is recorded on the company's balance sheet. Investors also form their own opinion of Everest's value that differs from its market value or its book value, called intrinsic value, which is Everest'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 Everest's market value can be influenced by many factors that don't directly affect Everest'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 Everest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everest'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.