Walgreens Historical Income Statement

WBA Stock  USD 8.30  0.06  0.73%   
Historical analysis of Walgreens Boots income statement accounts such as Depreciation And Amortization of 2.6 B, Interest Expense of 506.1 M, Total Revenue of 155 B or Gross Profit of 14.8 B can show how well Walgreens Boots Alliance performed in making a profits. Evaluating Walgreens Boots income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Walgreens Boots's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Walgreens Boots Alliance 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 Walgreens Boots Alliance is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Walgreens Income Statement Analysis

Walgreens Boots Alliance 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 Walgreens Boots shareholders. The income statement also shows Walgreens 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).

Walgreens Boots Income Statement Chart

At present, Walgreens Boots' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 506.1 M, whereas Gross Profit is forecasted to decline to about 14.8 B.

Total Revenue

Total revenue comprises all receipts Walgreens Boots Alliance 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 Walgreens Boots Alliance minus its cost of goods sold. It is profit before Walgreens Boots 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 Walgreens Boots Alliance. It is also known as Walgreens Boots 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 Walgreens Boots Alliance income statement and represents the costs associated with goods and services Walgreens Boots 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 Walgreens Boots' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Walgreens Boots Alliance 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At present, Walgreens Boots' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 506.1 M, whereas Gross Profit is forecasted to decline to about 14.8 B.
 2021 2022 2023 2024 (projected)
Gross Profit28.3B27.1B26.5B14.8B
Total Revenue132.7B139.1B147.7B155.0B

Walgreens Boots income statement Correlations

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Walgreens Boots Account Relationship Matchups

Walgreens Boots income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization1.8B1.7B1.7B1.9B2.5B2.6B
Interest Expense639M491M396M580M482M506.1M
Total Revenue139.5B132.5B132.7B139.1B147.7B155.0B
Gross Profit28.0B28.1B28.3B27.1B26.5B14.8B
Other Operating Expenses138.6B130.2B131.3B146.0B161.7B169.8B
Operating Income1.3B2.3B1.4B(6.9B)(14.1B)(13.4B)
Ebit1.5B4.3B3.3B1.6B(13.7B)(13.1B)
Ebitda3.3B6.0B5.0B3.5B(11.3B)(10.7B)
Cost Of Revenue111.5B104.4B104.4B112.0B121.1B127.2B
Total Operating Expenses27.0B25.7B26.9B34.0B40.6B42.6B
Income Before Tax743M2.6B4.0B(5.4B)(14.2B)(13.5B)
Total Other Income Expense Net(569M)280M2.6B1.5B(126M)(119.7M)
Net Income456M2.5B4.3B(3.1B)(8.6B)(8.2B)
Income Tax Expense360M667M30M1.9B1.2B738.6M
Selling General Administrative26.5B23.0B24.1B24.7B25.6B18.4B
Net Income Applicable To Common Shares456M2.5B4.3B(3.1B)(3.5B)(3.4B)
Selling And Marketing Expenses532M772M862M775M694M650.2M
Research Development300M284M307M371M414M282.6M
Net Income From Continuing Ops383M2.0B4.1B(3.5B)(15.4B)(14.7B)
Minority Interest(32M)319M271M448M6.8B7.2B
Tax Provision360M667M(30M)(1.9B)1.2B1.3B
Non Operating Income Net Other233M70M558M3.0B3.4B3.6B
Net Interest Income(639M)(905M)(400M)(580M)(482M)(506.1M)
Reconciled Depreciation1.9B2.0B2.0B2.3B2.5B2.2B

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When determining whether Walgreens Boots Alliance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Walgreens Boots' 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 Walgreens Boots Alliance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Walgreens Boots Alliance Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Consumer Staples Distribution & Retail 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 Walgreens Boots. If investors know Walgreens 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 Walgreens Boots 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
1.915
Dividend Share
1.23
Earnings Share
(10.01)
Revenue Per Share
171.079
Quarterly Revenue Growth
0.06
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' 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 Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' 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 Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Walgreens Boots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' 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.