Finning Historical Income Statement

FTT Stock

CAD 38.82 0.88 2.32%

Historical analysis of Finning International income statement accounts such as Selling General Administrative of 1.1 B or Total Revenue of 12.7 B can show how well Finning International performed in making a profits. Evaluating Finning International income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Finning International's future profits or losses.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

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

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finning International. 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 Finning Income Statement Analysis

Finning International 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 Finning International shareholders. The income statement also shows Finning 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).

Finning International Income Statement Chart

At this time, Finning International's Cost Of Revenue is very stable compared to the past year. As of the 31st of January 2025, Income Before Tax is likely to grow to about 904.4 M, while Depreciation And Amortization is likely to drop about 279.1 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue

Total Revenue

Total revenue comprises all receipts Finning International 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 Finning International minus its cost of goods sold. It is profit before Finning International 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 Finning International. It is also known as Finning International 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 Finning International income statement and represents the costs associated with goods and services Finning International 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 Finning International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Finning International 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Finning International. 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.

	2022	2023	2024	2025 (projected)
Gross Profit	2.2B	2.6B	3.0B	1.6B
Total Revenue	9.3B	10.5B	12.1B	12.7B

Gross Profit Total Revenue

Finning International income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.74	0.61	0.79	0.76	0.79	0.77	0.7	0.77	0.81	0.59	0.68	-0.24	0.66	0.7	-0.33	0.51	0.76	0.65	-0.64	0.95
Interest Expense	0.74		0.56	0.95	0.66	0.95	0.91	0.81	0.86	0.94	0.58	0.76	-0.3	0.72	0.83	-0.75	0.57	0.82	0.65	-0.89	0.72
Selling General Administrative	0.61	0.56		0.63	0.94	0.65	0.47	0.37	0.4	0.6	0.99	0.36	-0.34	0.36	0.33	-0.04	0.08	0.28	0.29	-0.28	0.35
Total Revenue	0.79	0.95	0.63		0.74	1.0	0.95	0.87	0.91	1.0	0.65	0.84	-0.21	0.81	0.88	-0.69	0.63	0.85	0.6	-0.79	0.75
Gross Profit	0.76	0.66	0.94	0.74		0.74	0.66	0.59	0.61	0.71	0.94	0.58	-0.23	0.58	0.56	-0.12	0.35	0.47	0.42	-0.46	0.57
Other Operating Expenses	0.79	0.95	0.65	1.0	0.74		0.94	0.85	0.9	1.0	0.66	0.82	-0.23	0.79	0.86	-0.68	0.61	0.84	0.6	-0.78	0.74
Operating Income	0.77	0.91	0.47	0.95	0.66	0.94		0.96	0.98	0.95	0.5	0.94	-0.07	0.91	0.97	-0.72	0.81	0.87	0.56	-0.83	0.79
Ebit	0.7	0.81	0.37	0.87	0.59	0.85	0.96		0.99	0.87	0.39	1.0	0.21	0.99	0.98	-0.66	0.92	0.84	0.52	-0.76	0.76
Ebitda	0.77	0.86	0.4	0.91	0.61	0.9	0.98	0.99		0.92	0.42	0.98	0.11	0.96	0.98	-0.69	0.88	0.87	0.57	-0.79	0.82
Cost Of Revenue	0.81	0.94	0.6	1.0	0.71	1.0	0.95	0.87	0.92		0.61	0.84	-0.2	0.81	0.88	-0.69	0.64	0.88	0.63	-0.8	0.78
Total Operating Expenses	0.59	0.58	0.99	0.65	0.94	0.66	0.5	0.39	0.42	0.61		0.38	-0.34	0.38	0.35	-0.07	0.1	0.28	0.3	-0.31	0.34
Income Before Tax	0.68	0.76	0.36	0.84	0.58	0.82	0.94	1.0	0.98	0.84	0.38		0.28	1.0	0.97	-0.62	0.94	0.8	0.49	-0.71	0.73
Total Other Income Expense Net	-0.24	-0.3	-0.34	-0.21	-0.23	-0.23	-0.07	0.21	0.11	-0.2	-0.34	0.28		0.34	0.13	0.13	0.45	-0.08	-0.14	0.22	-0.1
Net Income	0.66	0.72	0.36	0.81	0.58	0.79	0.91	0.99	0.96	0.81	0.38	1.0	0.34		0.95	-0.57	0.94	0.76	0.46	-0.67	0.71
Income Tax Expense	0.7	0.83	0.33	0.88	0.56	0.86	0.97	0.98	0.98	0.88	0.35	0.97	0.13	0.95		-0.7	0.9	0.89	0.53	-0.8	0.77
Research Development	-0.33	-0.75	-0.04	-0.69	-0.12	-0.68	-0.72	-0.66	-0.69	-0.69	-0.07	-0.62	0.13	-0.57	-0.7		-0.56	-0.65	-0.4	0.67	-0.44
Net Income From Continuing Ops	0.51	0.57	0.08	0.63	0.35	0.61	0.81	0.92	0.88	0.64	0.1	0.94	0.45	0.94	0.9	-0.56		0.68	0.42	-0.64	0.65
Tax Provision	0.76	0.82	0.28	0.85	0.47	0.84	0.87	0.84	0.87	0.88	0.28	0.8	-0.08	0.76	0.89	-0.65	0.68		0.6	-0.79	0.86
Interest Income	0.65	0.65	0.29	0.6	0.42	0.6	0.56	0.52	0.57	0.63	0.3	0.49	-0.14	0.46	0.53	-0.4	0.42	0.6		-0.68	0.69
Net Interest Income	-0.64	-0.89	-0.28	-0.79	-0.46	-0.78	-0.83	-0.76	-0.79	-0.8	-0.31	-0.71	0.22	-0.67	-0.8	0.67	-0.64	-0.79	-0.68		-0.71
Reconciled Depreciation	0.95	0.72	0.35	0.75	0.57	0.74	0.79	0.76	0.82	0.78	0.34	0.73	-0.1	0.71	0.77	-0.44	0.65	0.86	0.69	-0.71

Click cells to compare fundamentals

Finning International Account Relationship Matchups

Finning International income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	308M	319M	333M	379M	435.9M	279.1M
Interest Expense	78M	61M	82M	161M	185.2M	194.4M
Selling General Administrative	1.2B	1.3B	1.5B	1.6B	1.9B	1.1B
Total Revenue	6.2B	7.3B	9.3B	10.5B	12.1B	12.7B
Gross Profit	1.6B	1.8B	2.2B	2.6B	3.0B	1.6B
Other Operating Expenses	5.8B	6.7B	8.5B	9.6B	11.0B	11.6B
Operating Income	436M	533M	755M	934M	1.1B	1.1B
Ebit	390M	550M	755M	901M	1.0B	1.1B
Ebitda	698M	869M	1.1B	1.3B	1.5B	1.5B
Cost Of Revenue	4.6B	5.5B	7.1B	8.0B	9.1B	9.6B
Total Operating Expenses	1.1B	1.3B	1.5B	1.6B	1.9B	1.2B
Income Before Tax	307M	477M	673M	749M	861.4M	904.4M
Total Other Income Expense Net	(133M)	(68M)	(92M)	(185M)	(166.5M)	(158.2M)
Income Tax Expense	75M	114M	172M	228M	262.2M	275.3M
Tax Provision	75M	114M	172M	228M	262.2M	275.3M
Interest Income	98M	78M	61M	82M	94.3M	82.1M
Reconciled Depreciation	308M	319M	333M	379M	435.9M	314.8M

Pair Trading with Finning International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Finning International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Finning International will appreciate offsetting losses from the drop in the long position's value.

Moving against Finning Stock

0.64	FOOD	Goodfood Market Corp	Pair Corr
0.56	BN-PK	Brookfield Asset Man Earnings Call This Week	Pair Corr
0.55	TD-PFD	Toronto Dominion Bank	Pair Corr
0.49	SPRX	Sparx Technology	Pair Corr
0.44	AMZN	Amazon CDR	Pair Corr

The ability to find closely correlated positions to Finning International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Finning International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Finning International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Finning International to buy it.

The correlation of Finning International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Finning International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Finning International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Finning International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Finning Stock

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Finning Historical Income Statement

About Finning Income Statement Analysis

Finning International Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Finning International income statement Correlations

Finning International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Finning International income statement Accounts

Pair Trading with Finning International

Moving against Finning Stock

Other Information on Investing in Finning Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Income Before Tax	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Total Operating Expenses	+ 0.99	Selling General Administrative

Net Interest Income	- 0.89	Interest Expense
Net Interest Income	- 0.83	Operating Income
Net Interest Income	- 0.8	Income Tax Expense
Net Interest Income	- 0.8	Cost Of Revenue
Net Interest Income	- 0.79	Tax Provision
Net Interest Income	- 0.79	Ebitda