Fox Historical Income Statement
FOXF Stock | USD 32.43 0.21 0.65% |
Historical analysis of Fox Factory income statement accounts such as Selling General Administrative of 130.8 M or Selling And Marketing Expenses of 105.5 M can show how well Fox Factory Holding performed in making a profits. Evaluating Fox Factory income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Fox Factory's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Fox Factory Holding 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 Fox Factory Holding is a good buy for the upcoming year.
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About Fox Income Statement Analysis
Fox Factory Holding 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 Fox Factory shareholders. The income statement also shows Fox 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).
Fox Factory Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Fox Factory Holding 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 Fox Factory Holding minus its cost of goods sold. It is profit before Fox Factory 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.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Fox Factory's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Fox Factory Holding 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 Fox Factory Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, Fox Factory's Selling General Administrative is most likely to increase significantly in the upcoming years. The Fox Factory's current Selling And Marketing Expenses is estimated to increase to about 105.5 M, while EBIT is projected to decrease to roughly 93.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 8.2M | 8.9M | 19.3M | 20.3M | Depreciation And Amortization | 45.1M | 49.2M | 58.6M | 61.5M |
Fox Factory income statement Correlations
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Fox Factory Account Relationship Matchups
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Fox Factory income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 5.3M | 33.9M | 45.1M | 49.2M | 58.6M | 61.5M | |
Interest Expense | 3.2M | 9.3M | 8.2M | 8.9M | 19.3M | 20.3M | |
Selling General Administrative | 49.0M | 71.3M | 97.2M | 116.1M | 124.6M | 130.8M | |
Selling And Marketing Expenses | 42.8M | 52.2M | 70.9M | 90.8M | 100.5M | 105.5M | |
Total Revenue | 751.0M | 890.6M | 1.3B | 1.6B | 1.5B | 1.5B | |
Gross Profit | 242.7M | 289.5M | 432.3M | 531.3M | 464.8M | 488.1M | |
Other Operating Expenses | 638.2M | 776.4M | 1.1B | 1.4B | 1.3B | 1.4B | |
Operating Income | 112.8M | 114.1M | 196.9M | 246.7M | 160.1M | 95.5M | |
Ebit | 112.8M | 113.8M | 151.8M | 242.7M | 164.8M | 93.3M | |
Research Development | 31.8M | 34.3M | 46.6M | 56.2M | 53.2M | 27.8M | |
Ebitda | 118.1M | 147.8M | 196.9M | 291.9M | 223.4M | 112.5M | |
Cost Of Revenue | 508.3M | 601.0M | 866.7M | 1.1B | 999.4M | 1.0B | |
Total Operating Expenses | 129.9M | 175.4M | 235.4M | 284.6M | 304.7M | 320.0M | |
Income Before Tax | 108.6M | 104.5M | 188.4M | 233.8M | 138.7M | 89.2M | |
Total Other Income Expense Net | (4.2M) | (9.6M) | (8.5M) | (12.9M) | (21.4M) | (20.4M) | |
Net Income | 93.0M | 90.7M | 163.8M | 205.3M | 120.8M | 74.8M | |
Income Tax Expense | 14.1M | 12.8M | 24.6M | 28.5M | 17.8M | 14.1M | |
Net Income Applicable To Common Shares | 93.0M | 90.7M | 163.8M | 205.3M | 236.1M | 247.9M | |
Net Income From Continuing Ops | 94.5M | 91.7M | 163.8M | 205.3M | 120.8M | 91.7M | |
Non Operating Income Net Other | (360K) | (583K) | (1.1M) | (325K) | (292.5K) | (307.1K) | |
Tax Provision | 14.1M | 12.8M | 24.6M | 28.5M | 17.8M | 17.2M | |
Net Interest Income | (3.2M) | (9.3M) | (8.2M) | (8.9M) | (19.3M) | (18.4M) | |
Reconciled Depreciation | 17.7M | 33.9M | 45.1M | 49.2M | 58.6M | 36.1M |
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When determining whether Fox Factory Holding is a strong investment it is important to analyze Fox Factory'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 Fox Factory's future performance. For an informed investment choice regarding Fox Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Automotive Parts & Equipment 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 Fox Factory. If investors know Fox 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 Fox Factory 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 (0.87) | Earnings Share 0.26 | Revenue Per Share 32.862 | Quarterly Revenue Growth 0.085 | Return On Assets 0.0219 |
The market value of Fox Factory Holding is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Factory's value that differs from its market value or its book value, called intrinsic value, which is Fox Factory'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 Fox Factory's market value can be influenced by many factors that don't directly affect Fox Factory'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 Fox Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Factory'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.