Rexford Historical Income Statement
REXR Stock | USD 41.97 0.71 1.66% |
Historical analysis of Rexford Industrial income statement accounts such as Gross Profit of 644 M, Other Operating Expenses of 529.2 M, Operating Income of 308.5 M or Ebit of 339.9 M can show how well Rexford Industrial Realty performed in making a profits. Evaluating Rexford Industrial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rexford Industrial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Rexford Industrial Realty 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 Rexford Industrial Realty is a good buy for the upcoming year.
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About Rexford Income Statement Analysis
Rexford Industrial Realty 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 Rexford Industrial shareholders. The income statement also shows Rexford 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).
Rexford Industrial Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Rexford Industrial Realty 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 Rexford Industrial Realty minus its cost of goods sold. It is profit before Rexford Industrial 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 Rexford Industrial Realty. It is also known as Rexford Industrial 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.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Rexford Industrial Realty whose combined shares represent less than 50% of the total outstanding shares issued by Rexford Industrial have a minority interest in Rexford Industrial.Most accounts from Rexford Industrial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rexford Industrial Realty 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 Rexford Industrial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. At this time, Rexford Industrial's EBITDA is relatively stable compared to the past year. As of 11/22/2024, Cost Of Revenue is likely to grow to about 193.7 M, though Total Other Income Expense Net is likely to grow to (42 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 40.1M | 48.5M | 61.4M | 64.5M | Depreciation And Amortization | 308.5M | 411.8M | 214.6M | 133.4M |
Rexford Industrial income statement Correlations
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Rexford Industrial Account Relationship Matchups
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Rexford Industrial income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 98.9M | 236.8M | 308.5M | 411.8M | 214.6M | 133.4M | |
Interest Expense | 26.9M | 30.8M | 40.1M | 48.5M | 61.4M | 64.5M | |
Selling General Administrative | 30.3M | 36.8M | 49.0M | 64.3M | 75.0M | 78.8M | |
Total Revenue | 267.2M | 330.1M | 452.2M | 631.2M | 797.8M | 837.7M | |
Gross Profit | 203.9M | 250.4M | 344.5M | 480.7M | 613.3M | 644.0M | |
Other Operating Expenses | 192.5M | 231.8M | 308.0M | 411.6M | 504.0M | 529.2M | |
Operating Income | 74.8M | 98.4M | 143.0M | 218.1M | 293.8M | 308.5M | |
Ebit | 74.8M | (23.2M) | 19.2M | 3.0M | 323.7M | 339.9M | |
Ebitda | 173.6M | 213.6M | 327.7M | 414.9M | 538.3M | 565.2M | |
Cost Of Revenue | 63.3M | 79.7M | 107.7M | 150.5M | 184.5M | 193.7M | |
Total Operating Expenses | 129.2M | 152.1M | 200.3M | 261.1M | 319.5M | 335.5M | |
Income Before Tax | 64.0M | 80.9M | 136.2M | 177.2M | 249.6M | 262.1M | |
Total Other Income Expense Net | (10.7M) | (17.5M) | (159.3M) | (42.5M) | (44.2M) | (42.0M) | |
Net Income | 35.1M | 45.6M | 89.4M | 167.6M | 238.0M | 249.9M | |
Income Tax Expense | 28.9M | 35.3M | 46.8M | 48.5M | 101.0M | 106.1M | |
Net Income From Continuing Ops | 64.0M | 80.9M | 136.2M | 177.2M | 228.0M | 239.4M | |
Non Operating Income Net Other | 16.3M | 13.5M | 33.4M | 7.6M | 8.7M | 16.7M | |
Net Income Applicable To Common Shares | 50.5M | 61.3M | 111.8M | 157.5M | 181.1M | 190.2M | |
Minority Interest | 2.0M | 4.5M | (8.0M) | 9.6M | (11.0M) | (10.5M) | |
Interest Income | 25.4M | 26.9M | 338K | 37K | 33.3K | 31.6K | |
Net Interest Income | (26.9M) | (30.5M) | (40.1M) | (48.5M) | (60.5M) | (57.5M) | |
Preferred Stock And Other Adjustments | 11.1M | 14.5M | 15.9M | 9.3M | 10.6M | 10.7M | |
Reconciled Depreciation | 91.0M | 104.7M | 151.3M | 196.8M | 200.5M | 138.4M |
Pair Trading with Rexford Industrial
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 Rexford Industrial 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 Rexford Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with Rexford Stock
Moving against Rexford Stock
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The ability to find closely correlated positions to Rexford Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rexford Industrial 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 Rexford Industrial - 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 Rexford Industrial Realty to buy it.
The correlation of Rexford Industrial 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 Rexford Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rexford Industrial Realty 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 Rexford Industrial 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.Additional Tools for Rexford Stock Analysis
When running Rexford Industrial's price analysis, check to measure Rexford Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rexford Industrial is operating at the current time. Most of Rexford Industrial's value examination focuses on studying past and present price action to predict the probability of Rexford Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rexford Industrial's price. Additionally, you may evaluate how the addition of Rexford Industrial to your portfolios can decrease your overall portfolio volatility.