Adtalem Historical Income Statement
ATGE Stock | USD 91.57 1.49 1.65% |
Historical analysis of Adtalem Global income statement accounts such as Interest Expense of 66.8 M, Selling General Administrative of 366.1 M or Total Revenue of 1.1 B can show how well Adtalem Global Education performed in making a profits. Evaluating Adtalem Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Adtalem Global's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Adtalem Global Education 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 Adtalem Global Education is a good buy for the upcoming year.
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About Adtalem Income Statement Analysis
Adtalem Global Education 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 Adtalem Global shareholders. The income statement also shows Adtalem 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).
Adtalem Global Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Adtalem Global Education 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 Adtalem Global Education minus its cost of goods sold. It is profit before Adtalem Global 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 Adtalem Global Education. It is also known as Adtalem Global 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.Most accounts from Adtalem Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Adtalem Global Education 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Adtalem Global Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At present, Adtalem Global's Income Tax Expense is projected to decrease significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 115.1 M, whereas Selling General Administrative is forecasted to decline to about 366.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 727.3M | 802.3M | 886.1M | 552.3M | Total Revenue | 1.4B | 1.5B | 1.6B | 1.1B |
Adtalem Global income statement Correlations
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Adtalem Global income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 128.5M | 84.5M | 186.6M | 151.3M | 108.0M | 61.3M | |
Interest Expense | 19.5M | 41.4M | 129.3M | 63.2M | 63.7M | 66.8M | |
Selling General Administrative | 328.5M | 347.6M | 377.4M | 366.6M | 403.4M | 366.1M | |
Total Revenue | 1.1B | 1.1B | 1.4B | 1.5B | 1.6B | 1.1B | |
Gross Profit | 561.9M | 623.1M | 727.3M | 802.3M | 886.1M | 552.3M | |
Other Operating Expenses | 885.9M | 909.5M | 1.2B | 1.2B | 1.4B | 933.3M | |
Operating Income | 142.3M | 161.5M | 163.1M | 168.2M | 217.1M | 133.1M | |
Ebit | 142.3M | 126.3M | 77.9M | 175.0M | 227.6M | 147.8M | |
Ebitda | 270.8M | 210.8M | 264.5M | 326.3M | 335.6M | 209.1M | |
Cost Of Revenue | 490.1M | 489.2M | 659.8M | 648.5M | 698.5M | 535.9M | |
Total Operating Expenses | 395.8M | 420.3M | 568.1M | 586.0M | 669.1M | 397.4M | |
Income Before Tax | 237.2M | 126.9M | (45.1M) | 112.0M | 163.9M | 121.5M | |
Total Other Income Expense Net | 94.9M | (34.6M) | (128.2M) | (56.1M) | (53.1M) | (50.5M) | |
Net Income | 243.5M | 70.0M | (29.8M) | 93.4M | 136.8M | 85.6M | |
Income Tax Expense | (6.4M) | 25.2M | (15.2M) | 10.3M | 26.2M | 31.5M | |
Net Income Applicable To Common Shares | (85.3M) | 76.9M | 317.7M | 93.4M | 107.4M | 115.1M | |
Minority Interest | 528K | 413K | 2.9M | 1.8M | 177K | 0.0 | |
Net Income From Continuing Ops | 243.5M | 101.6M | (29.8M) | 101.8M | 137.7M | 103.5M | |
Non Recurring | 28.6M | 41.4M | 78.8M | 48.2M | 43.3M | 51.8M | |
Discontinued Operations | (329.3M) | (25.1M) | 347.5M | (8.4M) | (9.7M) | (10.1M) | |
Selling And Marketing Expenses | 67.3M | 72.7M | 190.7M | 219.4M | 227.9M | 122.9M | |
Tax Provision | (6.4M) | 25.2M | (15.2M) | 10.3M | 26.2M | 13.8M | |
Interest Income | 8.0M | 3.7M | 4.1M | 3.8M | 3.4M | 3.9M | |
Net Interest Income | (15.8M) | (37.3M) | (123.1M) | (63.2M) | (63.7M) | (60.5M) | |
Reconciled Depreciation | 101.0M | 99.1M | 186.6M | 151.3M | 108.0M | 114.7M |
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Is Diversified Consumer Services 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 Adtalem Global. If investors know Adtalem 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 Adtalem Global 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 3.733 | Earnings Share 4.32 | Revenue Per Share 42.428 | Quarterly Revenue Growth 0.132 | Return On Assets 0.0731 |
The market value of Adtalem Global Education is measured differently than its book value, which is the value of Adtalem that is recorded on the company's balance sheet. Investors also form their own opinion of Adtalem Global's value that differs from its market value or its book value, called intrinsic value, which is Adtalem Global's 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 Adtalem Global's market value can be influenced by many factors that don't directly affect Adtalem Global's 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 Adtalem Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adtalem Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adtalem Global's 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.