Haynes Historical Income Statement
HAYN Stock | USD 60.99 0.02 0.03% |
Historical analysis of Haynes International income statement accounts such as Total Revenue of 420.6 M or Gross Profit of 71.7 M can show how well Haynes International performed in making a profits. Evaluating Haynes International income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Haynes International's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Haynes International 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 Haynes International is a good buy for the upcoming year.
Haynes |
About Haynes Income Statement Analysis
Haynes International 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 Haynes International shareholders. The income statement also shows Haynes 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).
Haynes International Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Haynes International 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 Haynes International minus its cost of goods sold. It is profit before Haynes International 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 Haynes International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Haynes International 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 Haynes International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. To learn how to invest in Haynes Stock, please use our How to Invest in Haynes International guide.At this time, Haynes International's Income Tax Expense is very stable compared to the past year. As of the 21st of November 2024, Net Income Applicable To Common Shares is likely to grow to about 42.2 M, while Depreciation And Amortization is likely to drop about 13.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 106.3M | 109.8M | 126.2M | 71.7M | Total Revenue | 490.5M | 590.0M | 678.4M | 420.6M |
Haynes International income statement Correlations
Click cells to compare fundamentals
Haynes International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Haynes International income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 19.7M | 19.6M | 19.1M | 18.6M | 21.4M | 13.9M | |
Interest Expense | 1.3M | 1.2M | 2.5M | 7.6M | 8.7M | 9.2M | |
Total Revenue | 380.5M | 337.7M | 490.5M | 590.0M | 678.4M | 420.6M | |
Gross Profit | 44.6M | 39.7M | 106.3M | 109.8M | 126.2M | 71.7M | |
Other Operating Expenses | 379.9M | 344.8M | 435.0M | 532.4M | 612.2M | 391.2M | |
Operating Income | (6.2M) | (8.6M) | 55.4M | 57.6M | 51.8M | 54.4M | |
Ebit | (6.2M) | (8.6M) | 60.1M | 59.5M | 53.5M | 56.2M | |
Ebitda | 13.5M | 11.0M | 79.2M | 78.1M | 89.8M | 94.3M | |
Cost Of Revenue | 335.9M | 297.9M | 384.1M | 480.2M | 552.2M | 349.0M | |
Total Operating Expenses | 44.0M | 46.9M | 50.9M | 52.2M | 60.0M | 42.2M | |
Income Before Tax | (7.5M) | (9.8M) | 57.6M | 51.9M | 59.7M | 62.7M | |
Total Other Income Expense Net | (8.1M) | (2.6M) | 2.2M | (5.7M) | (6.6M) | (6.9M) | |
Net Income | (6.5M) | (8.7M) | 45.1M | 42.0M | 48.3M | 50.7M | |
Income Tax Expense | (1.0M) | (1.1M) | 12.5M | 9.9M | 11.4M | 12.0M | |
Selling General Administrative | 47.1M | 44.9M | 42.4M | 48.0M | 55.2M | 40.3M | |
Research Development | 3.7M | 3.4M | 3.8M | 4.1M | 4.7M | 3.7M | |
Net Income Applicable To Common Shares | 9.7M | (6.5M) | (8.7M) | 44.7M | 40.2M | 42.2M | |
Net Income From Continuing Ops | (6.5M) | (8.7M) | 45.1M | 42.0M | 37.8M | 39.7M | |
Non Operating Income Net Other | 86K | 44K | 16K | 18K | 16.2K | 15.4K | |
Tax Provision | (1.0M) | (1.1M) | 12.5M | 9.9M | 11.4M | 6.1M | |
Interest Income | 44K | 16K | 18K | 56K | 50.4K | 81.2K | |
Net Interest Income | (1.3M) | (1.2M) | (2.5M) | (7.5M) | (6.8M) | (6.4M) | |
Reconciled Depreciation | 19.7M | 19.6M | 19.1M | 18.6M | 16.7M | 16.1M |
Pair Trading with Haynes International
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 Haynes International 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 Haynes International will appreciate offsetting losses from the drop in the long position's value.Moving together with Haynes Stock
Moving against Haynes Stock
0.61 | ATI | Allegheny Technologies | PairCorr |
0.6 | WOR | Worthington Industries | PairCorr |
0.59 | AP | Ampco Pittsburgh | PairCorr |
0.47 | IIIN | Insteel Industries | PairCorr |
0.37 | MEC | Mayville Engineering | PairCorr |
The ability to find closely correlated positions to Haynes International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Haynes International 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 Haynes International - 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 Haynes International to buy it.
The correlation of Haynes International 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 Haynes International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Haynes International 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 Haynes International 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haynes International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. To learn how to invest in Haynes Stock, please use our How to Invest in Haynes International guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Metals & Mining 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 Haynes International. If investors know Haynes 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 Haynes International 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 (0.07) | Dividend Share 0.88 | Earnings Share 2.9 | Revenue Per Share 48.59 | Quarterly Revenue Growth 0.07 |
The market value of Haynes International is measured differently than its book value, which is the value of Haynes that is recorded on the company's balance sheet. Investors also form their own opinion of Haynes International's value that differs from its market value or its book value, called intrinsic value, which is Haynes International'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 Haynes International's market value can be influenced by many factors that don't directly affect Haynes International'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 Haynes International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haynes International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haynes International'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.