Wolverine Historical Income Statement

WWW Stock  USD 23.17  0.16  0.70%   
Historical analysis of Wolverine World income statement accounts such as Depreciation And Amortization of 25 M, Interest Expense of 60.3 M, Total Revenue of 1.3 B or Gross Profit of 509.3 M can show how well Wolverine World Wide performed in making a profits. Evaluating Wolverine World income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Wolverine World's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Wolverine World Wide 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 Wolverine World Wide 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 Wolverine World Wide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

About Wolverine Income Statement Analysis

Wolverine World Wide 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 Wolverine World shareholders. The income statement also shows Wolverine 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).

Wolverine World Income Statement Chart

At this time, Wolverine World's Depreciation And Amortization is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 987.7 M in 2024, whereas Total Revenue is likely to drop slightly above 1.3 B in 2024.

Total Revenue

Total revenue comprises all receipts Wolverine World Wide 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 Wolverine World Wide minus its cost of goods sold. It is profit before Wolverine World 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 Wolverine World Wide. It is also known as Wolverine World 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 Wolverine World Wide income statement and represents the costs associated with goods and services Wolverine World 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 Wolverine World's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Wolverine World Wide 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 Wolverine World Wide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Wolverine World's Depreciation And Amortization is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 987.7 M in 2024, whereas Total Revenue is likely to drop slightly above 1.3 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.0B1.1B872.5M509.3M
Total Revenue2.4B2.7B2.2B1.3B

Wolverine World income statement Correlations

0.450.730.770.730.490.040.180.70.61-0.03-0.35-0.090.110.660.25-0.15-0.21-0.670.250.00.050.07-0.29
0.450.560.550.61-0.16-0.3-0.240.560.91-0.45-0.48-0.37-0.570.610.11-0.1-0.5-0.070.6-0.670.46-0.65-0.1
0.730.561.00.990.570.320.421.00.740.17-0.390.160.190.96-0.210.17-0.02-0.240.060.02-0.020.13-0.18
0.770.551.00.990.590.310.410.990.740.18-0.380.160.20.95-0.190.13-0.02-0.280.10.02-0.050.14-0.25
0.730.610.990.990.490.240.330.990.770.08-0.420.070.10.96-0.140.13-0.1-0.240.13-0.070.070.04-0.2
0.49-0.160.570.590.490.640.70.550.040.670.30.590.780.51-0.310.390.51-0.21-0.430.68-0.530.74-0.26
0.04-0.30.320.310.240.640.990.33-0.120.960.050.940.870.3-0.680.30.89-0.19-0.660.81-0.70.740.2
0.18-0.240.420.410.330.70.990.42-0.040.940.00.910.880.38-0.630.270.85-0.28-0.620.8-0.680.740.16
0.70.561.00.990.990.550.330.420.730.17-0.390.150.190.96-0.220.21-0.02-0.210.030.02-0.010.12-0.12
0.610.910.740.740.770.04-0.12-0.040.73-0.26-0.53-0.19-0.390.730.04-0.05-0.37-0.160.61-0.550.24-0.46-0.18
-0.03-0.450.170.180.080.670.960.940.17-0.260.30.980.910.15-0.580.340.96-0.15-0.630.86-0.710.760.09
-0.35-0.48-0.39-0.38-0.420.30.050.0-0.39-0.530.30.280.31-0.380.130.50.360.32-0.230.37-0.050.2-0.11
-0.09-0.370.160.160.070.590.940.910.15-0.190.980.280.820.15-0.590.330.97-0.11-0.520.77-0.690.660.06
0.11-0.570.190.20.10.780.870.880.19-0.390.910.310.820.12-0.480.310.82-0.24-0.790.96-0.650.880.14
0.660.610.960.950.960.510.30.380.960.730.15-0.380.150.12-0.240.15-0.03-0.230.09-0.030.050.05-0.18
0.250.11-0.21-0.19-0.14-0.31-0.68-0.63-0.220.04-0.580.13-0.59-0.48-0.24-0.03-0.49-0.170.55-0.390.56-0.46-0.13
-0.15-0.10.170.130.130.390.30.270.21-0.050.340.50.330.310.15-0.030.350.48-0.320.33-0.090.210.3
-0.21-0.5-0.02-0.02-0.10.510.890.85-0.02-0.370.960.360.970.82-0.03-0.490.35-0.08-0.580.82-0.680.690.11
-0.67-0.07-0.24-0.28-0.24-0.21-0.19-0.28-0.21-0.16-0.150.32-0.11-0.24-0.23-0.170.48-0.08-0.05-0.220.04-0.130.05
0.250.60.060.10.13-0.43-0.66-0.620.030.61-0.63-0.23-0.52-0.790.090.55-0.32-0.58-0.05-0.840.42-0.73-0.49
0.0-0.670.020.02-0.070.680.810.80.02-0.550.860.370.770.96-0.03-0.390.330.82-0.22-0.84-0.620.880.21
0.050.46-0.02-0.050.07-0.53-0.7-0.68-0.010.24-0.71-0.05-0.69-0.650.050.56-0.09-0.680.040.42-0.62-0.820.18
0.07-0.650.130.140.040.740.740.740.12-0.460.760.20.660.880.05-0.460.210.69-0.13-0.730.88-0.82-0.1
-0.29-0.1-0.18-0.25-0.2-0.260.20.16-0.12-0.180.09-0.110.060.14-0.18-0.130.30.110.05-0.490.210.18-0.1
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Wolverine World Account Relationship Matchups

Wolverine World income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization37.6M43.9M89.6M68.3M24.5M25.0M
Interest Expense30M43.6M37.4M47.3M63.5M60.3M
Total Revenue2.3B1.8B2.4B2.7B2.2B1.3B
Gross Profit923.8M735.6M1.0B1.1B872.5M509.3M
Other Operating Expenses2.1B1.7B2.3B2.6B2.3B1.2B
Operating Income171M87.2M155.7M133.1M(68.2M)(64.8M)
Ebit171M(140.5M)117.7M(205.6M)(70.7M)(67.2M)
Ebitda208.6M(96.6M)207.3M(137.3M)(46.2M)(43.9M)
Cost Of Revenue1.3B1.1B1.4B1.6B1.4B819.4M
Total Operating Expenses752.8M650.5M874.2M940.1M940.7M987.7M
Income Before Tax145.9M(184.1M)80.3M(252.9M)(134.2M)(127.5M)
Total Other Income Expense Net(25.1M)(47M)(75.4M)(44.5M)(66M)(62.7M)
Net Income128.5M(138.6M)68.6M(189.1M)(39.6M)(37.6M)
Income Tax Expense17M(45.5M)13.3M(63.8M)(95M)(90.3M)
Selling General Administrative549.9M503.8M622.4M685.7M686.9M367.6M
Net Income Applicable To Common Shares128.5M(136.9M)68.6M(188.3M)(169.5M)(161.0M)
Net Income From Continuing Ops128.9M(138.6M)67M(189.1M)(39.2M)(37.2M)
Tax Provision17M(45.5M)13.3M(63.8M)(95M)(90.3M)
Interest Income30M43.6M37.4M47.3M54.4M39.6M
Net Interest Income(30M)(43.6M)(37.4M)(47.3M)(63.5M)(60.3M)
Reconciled Depreciation32.7M32.8M33.2M34.6M35.1M37.3M

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