Advanced Historical Income Statement

WMS Stock  USD 128.41  0.02  0.02%   
Historical analysis of Advanced Drainage income statement accounts such as Depreciation And Amortization of 162.6 M, Interest Expense of 93.3 M, Selling General Administrative of 182.2 M or Selling And Marketing Expenses of 9.7 M can show how well Advanced Drainage Systems performed in making a profits. Evaluating Advanced Drainage income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Advanced Drainage's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Advanced Drainage Systems 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 Advanced Drainage Systems 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 Advanced Drainage Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Advanced Income Statement Analysis

Advanced Drainage Systems 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 Advanced Drainage shareholders. The income statement also shows Advanced 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).

Advanced Drainage Income Statement Chart

At this time, Advanced Drainage's Income Tax Expense is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 612.3 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 9.7 M in 2024.

Interest Expense

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

Total Revenue

Total revenue comprises all receipts Advanced Drainage Systems 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 Advanced Drainage Systems minus its cost of goods sold. It is profit before Advanced Drainage 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.
Most accounts from Advanced Drainage's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Advanced Drainage Systems 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 Advanced Drainage Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Advanced Drainage's Income Tax Expense is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 612.3 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 9.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit800.4M1.1B1.1B1.2B
Total Revenue2.8B3.1B2.9B1.8B

Advanced Drainage income statement Correlations

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0.570.790.97-0.550.90.760.940.610.680.680.910.57-0.840.540.71-0.15-0.080.550.730.760.47-0.840.93
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-0.4-0.81-0.750.34-0.7-0.68-0.76-0.52-0.63-0.6-0.72-0.84-0.47-0.44-0.590.370.25-0.48-0.64-0.74-0.530.89-0.78
0.860.620.68-0.880.770.940.670.990.970.980.690.541.0-0.440.96-0.17-0.271.00.960.64-0.29-0.520.72
0.90.760.8-0.890.850.990.790.990.980.990.80.710.98-0.590.96-0.14-0.280.960.990.69-0.04-0.690.86
0.03-0.06-0.130.09-0.19-0.21-0.21-0.18-0.23-0.19-0.22-0.15-0.160.37-0.17-0.14-0.19-0.18-0.18-0.11-0.060.18-0.18
-0.34-0.41-0.080.19-0.03-0.280.0-0.29-0.27-0.290.02-0.08-0.270.25-0.27-0.28-0.19-0.31-0.3-0.3-0.110.27-0.19
0.850.610.68-0.870.780.950.680.990.970.980.70.550.99-0.481.00.96-0.18-0.310.960.68-0.29-0.520.72
0.880.760.82-0.870.871.00.820.980.980.990.820.730.97-0.640.960.99-0.18-0.30.960.75-0.03-0.70.87
0.460.660.74-0.470.740.770.750.670.750.720.740.760.65-0.740.640.69-0.11-0.30.680.750.11-0.630.71
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-0.51-0.96-0.760.41-0.7-0.74-0.75-0.61-0.68-0.67-0.71-0.84-0.550.89-0.52-0.690.180.27-0.52-0.7-0.63-0.56-0.82
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Advanced Drainage Account Relationship Matchups

Advanced Drainage income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K145.6M137.5M141.2M154.9M162.6M
Interest Expense82.7M35.7M33.6M70.2M88.9M93.3M
Selling General Administrative232.4M267.6M321.1M339.5M360.5M182.2M
Selling And Marketing Expenses117.1M4.1M6M8.5M10.2M9.7M
Total Revenue1.7B2.0B2.8B3.1B2.9B1.8B
Gross Profit316.5M690.1M800.4M1.1B1.1B1.2B
Other Operating Expenses1.8B1.6B2.4B2.3B2.1B1.6B
Operating Income(90.0M)344.5M411.9M719.3M732.1M768.7M
Ebit34.8M347.9M417.1M727.3M752.5M790.1M
Ebitda34.9M493.5M554.5M868.5M907.4M952.8M
Cost Of Revenue1.4B1.3B2.0B2.0B1.7B1.3B
Total Operating Expenses406.5M341.3M385.1M394.7M413.8M279.4M
Income Before Tax(179.6M)312.3M383.5M657.1M666.8M700.1M
Total Other Income Expense Net(89.6M)(32.3M)(28.4M)(62.2M)(65.4M)(62.1M)
Net Income(193.7M)224.2M271.3M507.1M509.9M535.4M
Income Tax Expense14.1M86.4M110.1M150.6M159.0M166.9M
Net Income Applicable To Common Shares(193.2M)224.2M271.3M507.1M583.1M612.3M
Minority Interest1.4M1.9M3.7M4.3M(3.4M)(3.2M)
Net Income From Continuing Ops(193.7M)225.9M273.4M506.5M513.3M539.0M
Tax Provision14.1M86.4M110.1M150.6M159.0M166.9M
Non Operating Income Net Other355K3.6M6.7M12.8M14.7M15.5M
Interest Income85.3M35.7M33.6M9.8M22.0M29.8M
Net Interest Income(82.7M)(35.7M)(33.6M)(70.2M)(66.8M)(70.2M)
Reconciled Depreciation124.9M145.6M141.8M145.1M154.9M135.0M

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Additional Tools for Advanced Stock Analysis

When running Advanced Drainage's price analysis, check to measure Advanced Drainage'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 Advanced Drainage is operating at the current time. Most of Advanced Drainage's value examination focuses on studying past and present price action to predict the probability of Advanced Drainage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Drainage's price. Additionally, you may evaluate how the addition of Advanced Drainage to your portfolios can decrease your overall portfolio volatility.