Photronics Historical Income Statement

PLAB Stock  USD 24.89  0.45  1.84%   
Historical analysis of Photronics income statement accounts such as Other Operating Expenses of 771.6 M, Operating Income of 305.6 M, EBIT of 326.5 M or Ebitda of 424.1 M can show how well Photronics performed in making a profits. Evaluating Photronics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Photronics's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Photronics 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 Photronics is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Photronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Photronics Stock refer to our How to Trade Photronics Stock guide.

About Photronics Income Statement Analysis

Photronics 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 Photronics shareholders. The income statement also shows Photronics 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).

Photronics Income Statement Chart

At present, Photronics' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 405.9 M, whereas Depreciation And Amortization is forecasted to decline to about 61.3 M.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

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

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Photronics. It is also known as Photronics 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 Photronics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Photronics 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Photronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Photronics Stock refer to our How to Trade Photronics Stock guide.At present, Photronics' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 405.9 M, whereas Depreciation And Amortization is forecasted to decline to about 61.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit294.2M336.2M386.6M405.9M
Total Revenue824.5M892.1M1.0B1.1B

Photronics income statement Correlations

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0.5-0.40.960.980.870.920.970.980.790.920.670.880.910.330.87-0.80.90.920.180.860.740.78-0.7-0.65
0.28-0.490.960.880.960.991.00.880.650.990.750.940.980.160.79-0.910.980.890.390.960.840.88-0.82-0.71
0.66-0.280.980.880.760.810.891.00.870.810.570.790.80.460.89-0.670.780.90.00.730.620.65-0.58-0.57
0.12-0.520.870.960.760.970.950.760.520.980.770.930.950.050.69-0.930.980.830.50.940.860.89-0.89-0.7
0.16-0.570.920.990.810.970.990.820.551.00.760.950.990.040.73-0.940.990.830.490.980.850.88-0.83-0.7
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0.870.080.790.650.870.520.550.660.850.560.420.580.540.630.93-0.440.510.83-0.20.460.350.39-0.31-0.19
0.16-0.560.920.990.810.981.00.980.820.560.790.950.990.060.73-0.941.00.850.470.980.850.89-0.84-0.71
0.05-0.470.670.750.570.770.760.720.570.420.790.870.760.080.56-0.80.810.760.360.760.520.58-0.61-0.38
0.21-0.540.880.940.790.930.950.940.80.580.950.870.930.120.74-0.910.950.840.430.910.660.72-0.74-0.57
0.14-0.540.910.980.80.950.990.970.810.540.990.760.930.030.72-0.950.980.830.510.990.850.88-0.81-0.71
0.650.570.330.160.460.050.040.170.430.630.060.080.120.030.330.080.020.47-0.45-0.03-0.09-0.08-0.01-0.12
0.72-0.220.870.790.890.690.730.80.880.930.730.560.740.720.33-0.660.70.860.020.660.530.58-0.44-0.28
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0.11-0.590.90.980.780.980.990.970.790.511.00.810.950.980.020.7-0.940.830.490.970.860.89-0.85-0.71
0.51-0.150.920.890.90.830.830.880.890.830.850.760.840.830.470.86-0.760.830.160.790.670.7-0.68-0.55
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0.04-0.550.860.960.730.940.980.940.740.460.980.760.910.99-0.030.66-0.960.970.790.570.850.89-0.82-0.72
0.0-0.460.740.840.620.860.850.820.620.350.850.520.660.85-0.090.53-0.770.860.670.470.850.97-0.85-0.79
0.01-0.540.780.880.650.890.880.850.660.390.890.580.720.88-0.080.58-0.810.890.70.480.890.97-0.84-0.77
0.080.42-0.7-0.82-0.58-0.89-0.83-0.8-0.58-0.31-0.84-0.61-0.74-0.81-0.01-0.440.73-0.85-0.68-0.51-0.82-0.85-0.840.84
0.090.37-0.65-0.71-0.57-0.7-0.7-0.7-0.58-0.19-0.71-0.38-0.57-0.71-0.12-0.280.57-0.71-0.55-0.36-0.72-0.79-0.770.84
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Photronics Account Relationship Matchups

Photronics income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization93.8M90.4M80.3M80.8M93.0M61.3M
Interest Expense2.4M1.7M1.9M433K498.0K473.1K
Total Revenue609.7M663.8M824.5M892.1M1.0B1.1B
Gross Profit134.7M167.0M294.2M336.2M386.6M405.9M
Other Operating Expenses545.8M569.2M612.7M639.0M734.9M771.6M
Operating Income(29.9M)94.6M211.9M253.1M291.0M305.6M
Ebit64.0M103.7M240.9M270.4M310.9M326.5M
Ebitda157.8M194.1M321.2M351.2M403.9M424.1M
Cost Of Revenue475.0M496.7M530.3M555.9M639.3M671.3M
Total Operating Expenses70.7M72.5M82.3M83.1M95.6M68.4M
Income Before Tax61.6M102.0M239.0M269.9M310.4M326.0M
Total Other Income Expense Net(2.3M)7.5M27.2M16.9M15.2M16.0M
Net Income33.8M78.8M179.2M125.5M144.3M151.5M
Income Tax Expense21.3M23.2M59.8M70.3M80.9M84.9M
Research Development17.1M18.5M18.3M13.7M15.7M20.4M
Selling General Administrative53.6M57.5M64.0M69.5M79.9M52.9M
Net Income Applicable To Common Shares29.8M33.8M55.4M118.8M136.6M143.4M
Minority Interest6.5M(23.4M)(60.5M)(74.1M)(66.7M)(63.4M)
Net Income From Continuing Ops40.3M78.8M179.2M199.6M229.6M241.1M
Non Operating Income Net Other5K40K9.1M29.0M33.4M35.0M
Tax Provision21.3M23.2M59.8M70.3M80.9M84.9M
Interest Income541K1.2M1.7M14.9M17.1M17.9M
Net Interest Income(1.8M)(520K)(177K)14.4M16.6M17.4M
Reconciled Depreciation93.8M90.4M80.3M80.8M72.8M68.6M

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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 Photronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Photronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Photronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Photronics Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Photronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Photronics Stock refer to our How to Trade Photronics Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Semiconductors & Semiconductor 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 Photronics. If investors know Photronics 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 Photronics 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
0.25
Earnings Share
2.27
Revenue Per Share
14.156
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0915
The market value of Photronics is measured differently than its book value, which is the value of Photronics that is recorded on the company's balance sheet. Investors also form their own opinion of Photronics' value that differs from its market value or its book value, called intrinsic value, which is Photronics' 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 Photronics' market value can be influenced by many factors that don't directly affect Photronics' 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 Photronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Photronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Photronics' 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.