STEP Historical Income Statement

STEP Stock  CAD 4.47  0.04  0.89%   
Historical analysis of STEP Energy income statement accounts such as Gross Profit of 140.2 M, Other Operating Expenses of 518.2 M, Operating Income of 94 M or Net Income From Continuing Ops of 60.9 M can show how well STEP Energy Services performed in making a profits. Evaluating STEP Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of STEP Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining STEP Energy Services 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 STEP Energy Services is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STEP Energy Services. 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 STEP Income Statement Analysis

STEP Energy Services 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 STEP Energy shareholders. The income statement also shows STEP 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).

STEP Energy Income Statement Chart

At this time, STEP Energy's EBITDA is very stable compared to the past year. As of the 26th of February 2025, Income Before Tax is likely to grow to about 81.4 M, while Depreciation And Amortization is likely to drop about 62.4 M.

Total Revenue

Total revenue comprises all receipts STEP Energy Services 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of STEP Energy Services. It is also known as STEP Energy 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 STEP Energy Services income statement and represents the costs associated with goods and services STEP Energy 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 STEP Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into STEP Energy Services 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 World Market Map to better understand how to build diversified portfolios, which includes a position in STEP Energy Services. 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.
At this time, STEP Energy's EBITDA is very stable compared to the past year. As of the 26th of February 2025, Income Before Tax is likely to grow to about 81.4 M, while Depreciation And Amortization is likely to drop about 62.4 M.
 2022 2023 2024 2025 (projected)
Interest Expense11.8M11.2M12.9M7.8M
Depreciation And Amortization88.0M84.7M97.4M62.4M

STEP Energy income statement Correlations

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0.980.670.760.310.870.07-0.26-0.130.320.860.89-0.24-0.53-0.26-0.15-0.120.7-0.970.97-0.2
0.70.670.610.360.660.15-0.030.070.380.650.82-0.02-0.22-0.030.050.080.79-0.690.65-0.05
0.820.760.610.820.920.650.310.440.80.920.880.34-0.120.310.440.470.28-0.710.84-0.58
0.390.310.360.820.670.960.770.840.970.670.60.790.370.770.850.86-0.15-0.220.41-0.55
0.920.870.660.920.670.470.140.280.661.00.960.17-0.250.140.270.310.46-0.780.87-0.27
0.150.070.150.650.960.470.880.920.930.480.370.890.520.880.930.94-0.360.030.17-0.51
-0.21-0.26-0.030.310.770.140.880.980.80.140.081.00.861.00.980.97-0.550.35-0.2-0.35
-0.08-0.130.070.440.840.280.920.980.890.280.20.980.780.980.990.99-0.420.23-0.07-0.38
0.380.320.380.80.970.660.930.80.890.660.60.820.470.80.880.89-0.1-0.230.39-0.54
0.920.860.650.920.671.00.480.140.280.660.960.17-0.240.140.270.310.45-0.780.87-0.27
0.930.890.820.880.60.960.370.080.20.60.960.1-0.260.080.190.220.61-0.830.89-0.22
-0.19-0.24-0.020.340.790.170.891.00.980.820.170.10.851.00.990.98-0.530.33-0.18-0.36
-0.54-0.53-0.22-0.120.37-0.250.520.860.780.47-0.24-0.260.850.860.780.76-0.60.59-0.54-0.09
-0.21-0.26-0.030.310.770.140.881.00.980.80.140.081.00.860.980.97-0.550.35-0.2-0.35
-0.08-0.150.050.440.850.270.930.980.990.880.270.190.990.780.981.0-0.450.24-0.09-0.39
-0.05-0.120.080.470.860.310.940.970.990.890.310.220.980.760.971.0-0.430.21-0.06-0.4
0.670.70.790.28-0.150.46-0.36-0.55-0.42-0.10.450.61-0.53-0.6-0.55-0.45-0.43-0.740.610.27
-0.94-0.97-0.69-0.71-0.22-0.780.030.350.23-0.23-0.78-0.830.330.590.350.240.21-0.74-0.950.23
0.970.970.650.840.410.870.17-0.2-0.070.390.870.89-0.18-0.54-0.2-0.09-0.060.61-0.95-0.37
-0.22-0.2-0.05-0.58-0.55-0.27-0.51-0.35-0.38-0.54-0.27-0.22-0.36-0.09-0.35-0.39-0.40.270.23-0.37
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STEP Energy Account Relationship Matchups

STEP Energy income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization88.9M73.4M88.0M84.7M97.4M62.4M
Interest Expense12.9M11.8M11.8M11.2M12.9M7.8M
Selling General Administrative23.1M33.9M56.1M11.8M13.6M24.8M
Total Revenue368.9M536.3M989.0M945.7M1.1B1.1B
Gross Profit(33.4M)17.8M147.6M116.1M133.6M140.2M
Other Operating Expenses430.6M553.4M898.9M867.9M998.1M518.2M
Operating Income(63.4M)(20.0M)90.3M77.8M89.5M94.0M
Net Income From Continuing Ops(119.4M)(28.1M)94.8M50.4M58.0M60.9M
Ebit(130.7M)(18.8M)133.4M78.6M90.4M94.9M
Ebitda(41.7M)54.5M221.4M163.3M187.8M197.2M
Cost Of Revenue402.4M518.6M841.4M829.6M954.0M487.6M
Total Operating Expenses28.3M34.9M57.5M38.3M44.0M30.6M
Income Before Tax(145.3M)(30.6M)120.6M67.4M77.6M81.4M
Total Other Income Expense Net(81.9M)(13.9M)30.4M(10.4M)(9.4M)(9.8M)
Net Income Applicable To Common Shares(143.9M)(119.4M)(28.1M)94.8M85.3M89.6M
Net Income(119.4M)(28.1M)94.8M50.4M58.0M60.9M
Income Tax Expense(26.0M)(2.5M)25.9M17.0M19.6M20.6M
Tax Provision(26.0M)(2.5M)25.9M17.0M19.6M20.6M
Interest Income13.4M11.6M12.3M55K63.3K60.1K
Net Interest Income(14.7M)(14.6M)(10.6M)(11.1M)(10.0M)(10.5M)
Reconciled Depreciation88.9M73.4M88.0M84.7M97.4M88.7M

Pair Trading with STEP Energy

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 STEP Energy 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 STEP Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against STEP Stock

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The ability to find closely correlated positions to STEP Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace STEP Energy 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 STEP Energy - 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 STEP Energy Services to buy it.
The correlation of STEP Energy 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 STEP Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if STEP Energy Services 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 STEP Energy 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 CorrelationCorrelation Matching

Other Information on Investing in STEP Stock

STEP Energy Services 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 STEP Energy shareholders. The income statement also shows STEP 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).