Schnitzer Historical Income Statement

RDUS Stock  USD 20.21  0.47  2.38%   
Historical analysis of Schnitzer Steel income statement accounts such as Other Operating Expenses of 3.4 B, Ebitda of 40.3 M, Cost Of Revenue of 3.1 B or Total Operating Expenses of 321.1 M can show how well Schnitzer Steel Industries performed in making a profits. Evaluating Schnitzer Steel income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Schnitzer Steel's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Schnitzer Steel Indu 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 Schnitzer Steel Indu 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 Schnitzer Steel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

About Schnitzer Income Statement Analysis

Schnitzer Steel Indu 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 Schnitzer Steel shareholders. The income statement also shows Schnitzer 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).

Schnitzer Steel Income Statement Chart

At this time, Schnitzer Steel's Net Income Applicable To Common Shares is comparatively stable compared to the past year.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Schnitzer Steel Industries minus its cost of goods sold. It is profit before Schnitzer Steel 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 Schnitzer Steel Indu. It is also known as Schnitzer Steel 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.

Cost Of Revenue

Cost of Revenue is found on Schnitzer Steel Indu income statement and represents the costs associated with goods and services Schnitzer Steel 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.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Schnitzer Steel's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Schnitzer Steel Indu 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 Schnitzer Steel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, Schnitzer Steel's Net Income Applicable To Common Shares is comparatively stable compared to the past year.
 2021 2022 2023 2024 (projected)
Gross Profit488.1M307.7M353.9M207.2M
Total Revenue3.5B2.9B3.3B3.5B

Schnitzer Steel income statement Correlations

0.380.80.630.980.630.550.720.80.490.6-0.590.620.120.810.1-0.390.340.140.13-0.4-0.610.17-0.55-0.18-0.59
0.380.050.060.34-0.19-0.26-0.120.030.82-0.25-0.79-0.24-0.280.660.27-0.130.30.210.32-0.46-0.42-0.02-0.560.5-0.56
0.80.050.80.830.690.630.731.00.190.68-0.260.70.320.510.26-0.470.11-0.230.050.11-0.530.21-0.3-0.37-0.42
0.630.060.80.730.820.770.810.760.330.81-0.130.790.680.550.42-0.580.120.150.41-0.09-0.620.67-0.29-0.16-0.14
0.980.340.830.730.710.620.770.820.520.68-0.480.690.30.840.16-0.420.350.230.13-0.42-0.630.31-0.51-0.16-0.47
0.63-0.190.690.820.710.980.980.670.021.00.061.00.70.39-0.07-0.40.220.310.12-0.15-0.40.59-0.15-0.330.03
0.55-0.260.630.770.620.980.970.61-0.080.990.140.990.690.29-0.12-0.340.20.280.05-0.08-0.330.57-0.06-0.360.1
0.72-0.120.730.810.770.980.970.710.060.98-0.030.980.610.45-0.06-0.380.260.270.07-0.18-0.430.52-0.18-0.34-0.07
0.80.031.00.760.820.670.610.710.160.66-0.260.680.280.480.25-0.440.1-0.270.010.14-0.50.16-0.27-0.39-0.43
0.490.820.190.330.520.02-0.080.060.16-0.03-0.64-0.050.10.890.44-0.350.280.410.49-0.59-0.620.36-0.730.47-0.39
0.6-0.250.680.810.681.00.990.980.66-0.030.121.00.710.34-0.08-0.380.20.290.09-0.11-0.380.59-0.1-0.360.07
-0.59-0.79-0.26-0.13-0.480.060.14-0.03-0.26-0.640.120.080.47-0.66-0.10.29-0.120.04-0.410.350.450.130.7-0.210.9
0.62-0.240.70.790.691.00.990.980.68-0.051.00.080.660.33-0.11-0.380.210.250.08-0.1-0.370.54-0.11-0.380.02
0.12-0.280.320.680.30.70.690.610.280.10.710.470.660.210.16-0.270.180.480.15-0.06-0.30.80.040.00.49
0.810.660.510.550.840.390.290.450.480.890.34-0.660.330.210.28-0.450.370.420.37-0.61-0.70.38-0.750.22-0.51
0.10.270.260.420.16-0.07-0.12-0.060.250.44-0.08-0.1-0.110.160.28-0.27-0.06-0.20.340.12-0.370.2-0.060.170.01
-0.39-0.13-0.47-0.58-0.42-0.4-0.34-0.38-0.44-0.35-0.380.29-0.38-0.27-0.45-0.27-0.020.01-0.430.030.52-0.410.470.090.19
0.340.30.110.120.350.220.20.260.10.280.2-0.120.210.180.37-0.06-0.020.37-0.04-0.3-0.610.09-0.160.16-0.07
0.140.21-0.230.150.230.310.280.27-0.270.410.290.040.250.480.42-0.20.010.370.19-0.81-0.120.5-0.140.430.25
0.130.320.050.410.130.120.050.070.010.490.09-0.410.080.150.370.34-0.43-0.040.19-0.24-0.550.54-0.60.3-0.26
-0.4-0.460.11-0.09-0.42-0.15-0.08-0.180.14-0.59-0.110.35-0.1-0.06-0.610.120.03-0.3-0.81-0.240.22-0.290.4-0.260.14
-0.61-0.42-0.53-0.62-0.63-0.4-0.33-0.43-0.5-0.62-0.380.45-0.37-0.3-0.7-0.370.52-0.61-0.12-0.550.22-0.510.67-0.010.37
0.17-0.020.210.670.310.590.570.520.160.360.590.130.540.80.380.2-0.410.090.50.54-0.29-0.51-0.37-0.080.26
-0.55-0.56-0.3-0.29-0.51-0.15-0.06-0.18-0.27-0.73-0.10.7-0.110.04-0.75-0.060.47-0.16-0.14-0.60.40.67-0.37-0.060.55
-0.180.5-0.37-0.16-0.16-0.33-0.36-0.34-0.390.47-0.36-0.21-0.380.00.220.170.090.160.430.3-0.26-0.01-0.08-0.060.0
-0.59-0.56-0.42-0.14-0.470.030.1-0.07-0.43-0.390.070.90.020.49-0.510.010.19-0.070.25-0.260.140.370.260.550.0
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Schnitzer Steel Account Relationship Matchups

Schnitzer Steel income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization58.2M58.6M75.1M89.8M103.2M108.4M
Interest Expense8.7M5.3M8.5M18.6M21.4M22.4M
Total Revenue1.7B2.8B3.5B2.9B3.3B3.5B
Gross Profit208.6M453.2M488.1M307.7M353.9M207.2M
Other Operating Expenses1.7B2.5B3.3B2.8B3.3B3.4B
Operating Income6.9M213.7M225.9M(3.9M)(3.5M)(3.4M)
Ebit(36.7M)155.7M151.8M(51.5M)(46.3M)(44.0M)
Ebitda21.5M214.3M226.9M38.3M34.5M40.3M
Cost Of Revenue1.5B2.3B3.0B2.6B3.0B3.1B
Total Operating Expenses187.9M242.5M263.3M265.9M305.8M321.1M
Income Before Tax(1.9M)208.0M216.7M(28.1M)(25.3M)(24.0M)
Total Other Income Expense Net(14.0M)2.5M401K(51.3M)(46.1M)(43.8M)
Net Income(4.1M)165.1M168.8M(25.8M)(23.2M)(22.1M)
Income Tax Expense166K37.9M44.6M(2.7M)(2.5M)(2.3M)
Selling General Administrative144.2M242.5M263.3M265.9M305.8M321.1M
Net Income Applicable To Common Shares56.3M(4.1M)165.1M168.8M151.9M159.5M
Minority Interest1.9M(4.9M)3.2M(353K)(317.7K)(301.8K)
Discontinued Operations(248K)(95K)(79K)(83K)(95.5K)(100.2K)
Net Income From Continuing Ops(2.1M)170.1M172.1M(25.3M)(29.1M)(27.7M)
Research Development99.9M116.8M159.7M134.6M154.8M86.6M
Non Operating Income Net Other641K(124K)(455K)(692K)(622.8K)(591.7K)
Tax Provision166K37.9M44.6M(2.7M)(3.2M)(3.0M)
Net Interest Income(8.7M)(5.3M)(8.5M)(18.6M)(16.7M)(15.9M)
Reconciled Depreciation58.2M58.6M75.1M89.8M103.2M68.3M

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