Wesfarmers Historical Income Statement

WES Stock

72.06 0.43 0.60%

Historical analysis of Wesfarmers income statement accounts such as Depreciation And Amortization of 1.9 B, Interest Expense of 250.2 M, Total Revenue of 28.4 B or Gross Profit of 9.3 B can show how well Wesfarmers performed in making a profits. Evaluating Wesfarmers income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Wesfarmers's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Wesfarmers 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 Wesfarmers is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wesfarmers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Wesfarmers Income Statement Analysis

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

Wesfarmers Income Statement Chart

At this time, Wesfarmers' Depreciation And Amortization is comparatively stable compared to the past year. EBITDA is likely to gain to about 6 B in 2024, whereas Gross Profit is likely to drop slightly above 9.3 B in 2024.

Interest Expense Gross Profit Other Operating Expenses Operating Income

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Gross Profit

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

Operating Income

Operating Income is the amount of profit realized from Wesfarmers operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Wesfarmers is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Wesfarmers' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Wesfarmers 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 Wesfarmers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Interest Expense	313M	354M	402M	250.2M
Depreciation And Amortization	1.6B	1.7B	1.8B	1.9B

Interest Expense Depreciation And Amortization

Wesfarmers income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Selling General Administrative	Selling And Marketing Expenses	Cost Of Revenue	Research Development	Discontinued Operations	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.54	0.33	0.05	0.3	0.54	0.56	0.9	-0.02	0.63	0.12	0.64	0.53	-0.64	0.12	0.04	0.5	-0.49	-0.54	0.24	0.17	-0.35	-0.78	0.75
Interest Expense	0.54		0.49	0.34	0.47	0.68	0.75	0.68	0.26	0.65	0.54	0.65	0.7	-0.61	0.29	0.11	0.51	-0.02	-0.16	0.17	0.31	0.01	-0.3	0.38
Total Revenue	0.33	0.49		0.9	1.0	0.76	0.73	0.55	0.86	0.41	0.07	0.34	0.67	-0.61	0.81	0.64	0.97	0.19	-0.15	-0.15	0.14	0.26	0.3	-0.1
Gross Profit	0.05	0.34	0.9		0.9	0.5	0.53	0.34	0.99	0.29	0.09	0.2	0.47	-0.46	0.83	0.65	0.77	0.07	0.05	-0.21	0.1	0.22	0.51	-0.35
Other Operating Expenses	0.3	0.47	1.0	0.9		0.74	0.71	0.52	0.87	0.37	0.03	0.3	0.64	-0.59	0.81	0.65	0.96	0.21	-0.14	-0.19	0.11	0.28	0.33	-0.12
Operating Income	0.54	0.68	0.76	0.5	0.74		0.95	0.7	0.42	0.64	0.29	0.6	0.91	-0.68	0.55	0.19	0.77	0.27	-0.28	0.25	0.27	-0.02	-0.09	0.29
Ebit	0.56	0.75	0.73	0.53	0.71	0.95		0.79	0.45	0.71	0.39	0.66	0.93	-0.83	0.65	0.08	0.73	0.15	-0.28	0.29	0.17	-0.09	-0.13	0.28
Ebitda	0.9	0.68	0.55	0.34	0.52	0.7	0.79		0.26	0.82	0.35	0.79	0.76	-0.85	0.45	0.08	0.66	-0.42	-0.44	0.34	0.22	-0.34	-0.54	0.54
Total Operating Expenses	-0.02	0.26	0.86	0.99	0.87	0.42	0.45	0.26		0.17	-0.01	0.08	0.36	-0.39	0.81	0.67	0.73	0.08	0.07	-0.31	0.01	0.25	0.56	-0.39
Income Before Tax	0.63	0.65	0.41	0.29	0.37	0.64	0.71	0.82	0.17		0.78	0.99	0.85	-0.71	0.34	-0.05	0.48	-0.33	-0.15	0.67	0.57	-0.37	-0.35	0.29
Total Other Income Expense Net	0.12	0.54	0.07	0.09	0.03	0.29	0.39	0.35	-0.01	0.78		0.8	0.59	-0.36	0.08	-0.25	0.05	-0.11	0.24	0.67	0.58	-0.21	-0.08	-0.03
Net Income	0.64	0.65	0.34	0.2	0.3	0.6	0.66	0.79	0.08	0.99	0.8		0.82	-0.65	0.23	-0.08	0.42	-0.33	-0.15	0.68	0.6	-0.37	-0.42	0.33
Income Tax Expense	0.53	0.7	0.67	0.47	0.64	0.91	0.93	0.76	0.36	0.85	0.59	0.82		-0.8	0.54	0.02	0.68	0.11	-0.13	0.47	0.38	-0.14	-0.12	0.18
Minority Interest	-0.64	-0.61	-0.61	-0.46	-0.59	-0.68	-0.83	-0.85	-0.39	-0.71	-0.36	-0.65	-0.8		-0.65	0.1	-0.64	0.14	0.18	-0.22	0.1	0.19	0.24	-0.16
Selling General Administrative	0.12	0.29	0.81	0.83	0.81	0.55	0.65	0.45	0.81	0.34	0.08	0.23	0.54	-0.65		0.33	0.73	0.14	-0.23	0.02	-0.12	0.17	0.39	-0.21
Selling And Marketing Expenses	0.04	0.11	0.64	0.65	0.65	0.19	0.08	0.08	0.67	-0.05	-0.25	-0.08	0.02	0.1	0.33		0.64	0.02	-0.07	-0.44	0.31	0.31	0.38	-0.12
Cost Of Revenue	0.5	0.51	0.97	0.77	0.96	0.77	0.73	0.66	0.73	0.48	0.05	0.42	0.68	-0.64	0.73	0.64		0.11	-0.27	-0.11	0.18	0.22	0.12	0.06
Research Development	-0.49	-0.02	0.19	0.07	0.21	0.27	0.15	-0.42	0.08	-0.33	-0.11	-0.33	0.11	0.14	0.14	0.02	0.11		0.2	-0.23	-0.19	0.53	0.58	-0.39
Discontinued Operations	-0.54	-0.16	-0.15	0.05	-0.14	-0.28	-0.28	-0.44	0.07	-0.15	0.24	-0.15	-0.13	0.18	-0.23	-0.07	-0.27	0.2		-0.29	0.01	0.12	0.52	-0.75
Net Income From Continuing Ops	0.24	0.17	-0.15	-0.21	-0.19	0.25	0.29	0.34	-0.31	0.67	0.67	0.68	0.47	-0.22	0.02	-0.44	-0.11	-0.23	-0.29		0.54	-0.44	-0.36	0.35
Tax Provision	0.17	0.31	0.14	0.1	0.11	0.27	0.17	0.22	0.01	0.57	0.58	0.6	0.38	0.1	-0.12	0.31	0.18	-0.19	0.01	0.54		-0.18	-0.09	0.19
Interest Income	-0.35	0.01	0.26	0.22	0.28	-0.02	-0.09	-0.34	0.25	-0.37	-0.21	-0.37	-0.14	0.19	0.17	0.31	0.22	0.53	0.12	-0.44	-0.18		0.44	-0.31
Net Interest Income	-0.78	-0.3	0.3	0.51	0.33	-0.09	-0.13	-0.54	0.56	-0.35	-0.08	-0.42	-0.12	0.24	0.39	0.38	0.12	0.58	0.52	-0.36	-0.09	0.44		-0.88
Reconciled Depreciation	0.75	0.38	-0.1	-0.35	-0.12	0.29	0.28	0.54	-0.39	0.29	-0.03	0.33	0.18	-0.16	-0.21	-0.12	0.06	-0.39	-0.75	0.35	0.19	-0.31	-0.88

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Wesfarmers Account Relationship Matchups

Wesfarmers income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.5B	1.5B	1.6B	1.7B	1.8B	1.9B
Interest Expense	370M	344M	313M	354M	402M	250.2M
Total Revenue	30.8B	33.8B	36.7B	43.4B	44.0B	28.4B
Gross Profit	4.9B	5.9B	5.8B	6.5B	15.2B	9.3B
Other Operating Expenses	28.1B	30.2B	33.3B	39.6B	40.3B	24.5B
Operating Income	2.7B	3.6B	3.4B	3.8B	3.7B	1.9B
Ebit	2.7B	3.6B	3.5B	3.9B	4.0B	2.1B
Ebitda	4.2B	5.1B	5.0B	5.6B	5.8B	6.0B
Total Operating Expenses	2.2B	2.3B	2.5B	2.7B	11.5B	6.3B
Income Before Tax	2.2B	3.3B	3.1B	3.5B	3.6B	3.7B
Total Other Income Expense Net	(533M)	(344M)	(167M)	(203M)	(155M)	(162.8M)
Net Income	1.7B	2.4B	2.4B	2.5B	2.6B	2.7B
Income Tax Expense	752M	993M	968M	1.0B	1.0B	640.1M
Net Income Applicable To Common Shares	1.7B	2.4B	2.4B	2.5B	2.8B	1.8B
Selling General Administrative	5.9B	6.5B	6.8B	7.4B	7.9B	7.5B
Selling And Marketing Expenses	435M	540M	668M	704M	687M	772.0M
Cost Of Revenue	25.8B	27.9B	30.9B	36.9B	28.8B	27.3B
Net Income From Continuing Ops	1.6B	2.4B	2.4B	2.5B	2.6B	2.3B
Tax Provision	752M	993M	968M	1.0B	1.0B	1.0B
Interest Income	355M	11M	5M	340M	28M	26.6M
Net Interest Income	(370M)	(333M)	(308M)	(338M)	(374M)	(392.7M)
Reconciled Depreciation	1.5B	1.5B	1.6B	1.7B	1.8B	1.5B

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