Great Historical Income Statement

GLDD Stock  USD 12.63  0.11  0.88%   
Historical analysis of Great Lakes income statement accounts such as Total Revenue of 652.8 M or Gross Profit of 60.5 M can show how well Great Lakes Dredge performed in making a profits. Evaluating Great Lakes income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Great Lakes's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Great Lakes Dredge 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 Great Lakes Dredge is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Lakes Dredge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

About Great Income Statement Analysis

Great Lakes Dredge 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 Great Lakes shareholders. The income statement also shows Great 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).

Great Lakes Income Statement Chart

At present, Great Lakes' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 33 M, whereas Gross Profit is forecasted to decline to about 60.5 M.

Total Revenue

Total revenue comprises all receipts Great Lakes Dredge 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 Great Lakes Dredge minus its cost of goods sold. It is profit before Great Lakes 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.

Cost Of Revenue

Cost of Revenue is found on Great Lakes Dredge income statement and represents the costs associated with goods and services Great Lakes 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.
Most accounts from Great Lakes' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Great Lakes Dredge 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Lakes Dredge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At present, Great Lakes' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 33 M, whereas Gross Profit is forecasted to decline to about 60.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit145.3M31.2M75.3M60.5M
Total Revenue726.1M648.8M589.6M652.8M

Great Lakes income statement Correlations

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0.590.910.960.02-0.311.0-0.28-0.24-0.41-0.710.86-0.48-0.330.920.26-0.090.560.380.38-0.15-0.29-0.040.150.2
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0.740.980.950.29-0.080.9-0.03-0.07-0.26-0.740.820.92-0.28-0.110.30.150.620.420.43-0.02-0.31-0.250.150.08
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0.460.660.610.23-0.080.550.110.06-0.06-0.960.370.560.10.210.620.070.030.560.560.15-0.150.040.11-0.44
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0.24-0.050.10.850.8-0.180.860.760.87-0.02-0.37-0.150.770.78-0.020.00.790.150.060.01-0.05-0.33-0.44-0.45
-0.11-0.25-0.31-0.190.27-0.280.01-0.170.150.19-0.19-0.29-0.02-0.06-0.310.26-0.28-0.15-0.32-0.24-0.050.03-0.560.08
-0.66-0.14-0.13-0.53-0.370.01-0.24-0.16-0.090.0-0.1-0.04-0.01-0.03-0.25-0.24-0.630.040.140.08-0.330.030.44-0.23
-0.230.190.1-0.19-0.450.16-0.170.04-0.39-0.110.040.15-0.04-0.030.15-0.18-0.160.110.250.19-0.44-0.560.44-0.17
-0.080.010.02-0.41-0.330.2-0.55-0.6-0.470.320.280.2-0.74-0.780.080.29-0.18-0.44-0.58-0.54-0.450.08-0.23-0.17
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Great Lakes Account Relationship Matchups

Great Lakes income statement Accounts

201920202021202220232024 (projected)
Interest Expense27.5M26.6M21.6M14.1M12.1M14.8M
Selling General Administrative59.1M62.8M62.1M51.1M57.1M53.8M
Total Revenue711.5M733.6M726.1M648.8M589.6M652.8M
Gross Profit153.8M171.2M145.3M31.2M75.3M60.5M
Operating Income57.8M71.4M41.1M(19.9M)28.2M33.0M
Cost Of Revenue557.8M562.4M580.9M617.6M514.3M557.4M
Income Before Tax70.9M86.3M62.8M(43.4M)18.3M16.6M
Net Income Applicable To Common Shares49.3M66.1M49.4M(34.1M)(39.2M)(37.2M)
Net Income49.3M66.1M49.4M(34.1M)13.9M8.0M
Income Tax Expense15.3M20.2M13.4M(9.4M)4.4M2.4M
Depreciation And Amortization37.1M38.2M43.0M46.3M42.5M41.6M
Other Operating Expenses616.9M625.1M643.0M668.7M559.2M589.6M
Ebit57.8M112.9M84.4M(29.3M)30.5M32.0M
Ebitda95.0M151.1M127.4M17.0M73.0M76.6M
Total Operating Expenses59.1M62.8M62.1M51.1M49.5M51.7M
Total Other Income Expense Net13.1M(25.5M)(20.6M)(23.5M)(9.9M)(10.4M)
Net Income From Continuing Ops55.7M66.1M49.4M(34.1M)(38.8M)(36.9M)
Non Operating Income Net Other317K1.1M994K(1.6M)(1.8M)(1.9M)
Tax Provision15.3M20.2M13.4M(9.4M)(10.2M)(9.7M)
Net Interest Income(27.5M)(26.6M)(21.6M)(14.1M)(12.4M)(13.1M)
Reconciled Depreciation37.1M38.2M43.0M46.3M44.6M36.6M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Great Lakes Dredge is a strong investment it is important to analyze Great Lakes' 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 Great Lakes' future performance. For an informed investment choice regarding Great Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Lakes Dredge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Construction & Engineering 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 Great Lakes. If investors know Great 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 Great Lakes 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
3.219
Earnings Share
0.88
Revenue Per Share
11.083
Quarterly Revenue Growth
0.631
Return On Assets
0.0481
The market value of Great Lakes Dredge is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Lakes' value that differs from its market value or its book value, called intrinsic value, which is Great Lakes' 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 Great Lakes' market value can be influenced by many factors that don't directly affect Great Lakes' 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 Great Lakes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Lakes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Lakes' 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.