Pennant Historical Income Statement
| PNTG Stock | USD 30.50 0.28 0.91% |
Historical analysis of Pennant income statement accounts such as Selling General Administrative of 30.1 M, Total Revenue of 404.5 M, Gross Profit of 50.7 M or Other Operating Expenses of 387.5 M can show how well Pennant Group performed in making a profits. Evaluating Pennant income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Pennant's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Pennant 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 Pennant Group is a good buy for the upcoming year.
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About Pennant Income Statement Analysis
Pennant 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 Pennant shareholders. The income statement also shows Pennant 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).
Pennant Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Pennant 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Pennant Group minus its cost of goods sold. It is profit before Pennant 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 Pennant Group income statement and represents the costs associated with goods and services Pennant 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 Pennant's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Pennant 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pennant 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 estimate. At this time, Pennant's Net Income Applicable To Common Shares is most likely to decrease significantly in the upcoming years. The Pennant's current Income Tax Expense is estimated to increase to about 6 M, while Depreciation And Amortization is projected to decrease to roughly 4.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 45.7M | 58.6M | 61.9M | 50.7M | Total Revenue | 439.7M | 473.2M | 544.9M | 404.5M |
Pennant income statement Correlations
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Pennant Account Relationship Matchups
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Pennant income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 2.1M | 2.4M | 582K | 1.6M | 5.3M | 2.7M | |
| Depreciation And Amortization | 3.8M | 4.7M | 4.8M | 4.9M | 5.1M | 4.4M | |
| Interest Expense | 410K | 1.2M | 1.9M | 3.8M | 5.9M | 6.2M | |
| Selling General Administrative | 35.1M | 31.3M | 36.3M | 34.0M | 36.7M | 30.1M | |
| Total Revenue | 338.5M | 391.0M | 439.7M | 473.2M | 544.9M | 404.5M | |
| Gross Profit | 44.6M | 54.9M | 45.7M | 58.6M | 61.9M | 50.7M | |
| Other Operating Expenses | 332.9M | 372.0M | 435.0M | 453.5M | 519.7M | 387.5M | |
| Operating Income | 5.7M | 18.9M | 4.7M | 19.7M | 25.2M | 16.9M | |
| Net Income From Continuing Ops | 3.2M | 15.6M | 2.1M | 7.2M | 13.1M | 7.5M | |
| Ebit | 5.7M | 19.1M | 4.7M | 19.7M | 25.2M | 17.0M | |
| Ebitda | 9.5M | 23.8M | 9.5M | 24.6M | 30.4M | 21.3M | |
| Cost Of Revenue | 293.9M | 336.1M | 394.0M | 414.7M | 483.0M | 353.7M | |
| Total Operating Expenses | 38.9M | 36.0M | 41.0M | 38.9M | 89.0M | 93.4M | |
| Income Before Tax | 5.3M | 17.9M | 2.7M | 8.9M | 19.6M | 10.3M | |
| Total Other Income Expense Net | (410K) | (1.0M) | (2.0M) | (3.8M) | (5.6M) | (5.3M) | |
| Net Income Applicable To Common Shares | 2.5M | 15.7M | 2.7M | 6.6M | 6.0M | 7.0M | |
| Net Income | 2.5M | 15.7M | 2.1M | 6.6M | 13.4M | 7.4M | |
| Income Tax Expense | 2.1M | 2.4M | 582K | 1.6M | 5.7M | 6.0M | |
| Minority Interest | 4.6M | (191K) | 548K | (600K) | (564K) | (535.8K) | |
| Reconciled Depreciation | 3.8M | 4.7M | 4.8M | 4.9M | 5.0M | 4.5M |
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When determining whether Pennant Group is a strong investment it is important to analyze Pennant'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 Pennant's future performance. For an informed investment choice regarding Pennant Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pennant 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 estimate. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Health Care Providers & Services 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 Pennant. If investors know Pennant 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 Pennant 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 0.365 | Earnings Share 0.68 | Revenue Per Share 21.663 | Quarterly Revenue Growth 0.289 | Return On Assets 0.0383 |
The market value of Pennant Group is measured differently than its book value, which is the value of Pennant that is recorded on the company's balance sheet. Investors also form their own opinion of Pennant's value that differs from its market value or its book value, called intrinsic value, which is Pennant'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 Pennant's market value can be influenced by many factors that don't directly affect Pennant'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 Pennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pennant'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.