Dicks Net Income from 2010 to 2024

DKS Stock  USD 195.22  1.71  0.87%   
Dicks Sporting Net Income yearly trend continues to be comparatively stable with very little volatility. Net Income is likely to outpace its year average in 2024. From the period from 2010 to 2024, Dicks Sporting Net Income quarterly data regression had r-value of  0.80 and coefficient of variation of  79.57. View All Fundamentals
 
Net Income  
First Reported
2000-04-30
Previous Quarter
201.1 M
Current Value
296.4 M
Quarterly Volatility
103.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dicks Sporting financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dicks main balance sheet or income statement drivers, such as Depreciation And Amortization of 373.1 M, Interest Expense of 60.9 M or Total Revenue of 13.6 B, as well as many exotic indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0099 or PTB Ratio of 3.36. Dicks financial statements analysis is a perfect complement when working with Dicks Sporting Valuation or Volatility modules.
  
This module can also supplement Dicks Sporting's financial leverage analysis and stock options assessment as well as various Dicks Sporting Technical models . Check out the analysis of Dicks Sporting Correlation against competitors.

Latest Dicks Sporting's Net Income Growth Pattern

Below is the plot of the Net Income of Dicks Sporting Goods over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Dicks Sporting Goods financial statement analysis. It represents the amount of money remaining after all of Dicks Sporting Goods operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Dicks Sporting's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dicks Sporting's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.05 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Dicks Net Income Regression Statistics

Arithmetic Mean535,994,530
Geometric Mean352,219,245
Coefficient Of Variation79.57
Mean Deviation341,919,311
Median330,391,000
Standard Deviation426,483,278
Sample Variance181888T
Range1.5B
R-Value0.80
Mean Square Error70544T
R-Squared0.64
Significance0.0003
Slope76,283,299
Total Sum of Squares2546431.8T

Dicks Net Income History

20241.1 B
2023B
2022B
20211.5 B
2020530.3 M
2019297.5 M
2018319.9 M

Other Fundumenentals of Dicks Sporting Goods

Dicks Sporting Net Income component correlations

About Dicks Sporting Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Dicks Sporting income statement, its balance sheet, and the statement of cash flows. Dicks Sporting investors use historical funamental indicators, such as Dicks Sporting's Net Income, to determine how well the company is positioned to perform in the future. Although Dicks Sporting investors may use each financial statement separately, they are all related. The changes in Dicks Sporting's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dicks Sporting's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Dicks Sporting Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Dicks Sporting. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net IncomeB1.1 B
Net Income Applicable To Common Shares1.2 B1.3 B
Net Income From Continuing OpsB588 M
Net Income Per Share 12.72  2.89 
Net Income Per E B T 0.79  0.62 

Pair Trading with Dicks Sporting

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 Dicks Sporting 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 Dicks Sporting will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dicks Stock

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The ability to find closely correlated positions to Dicks Sporting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dicks Sporting 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 Dicks Sporting - 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 Dicks Sporting Goods to buy it.
The correlation of Dicks Sporting 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 Dicks Sporting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dicks Sporting Goods 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 Dicks Sporting 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
When determining whether Dicks Sporting Goods is a strong investment it is important to analyze Dicks Sporting's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dicks Sporting's future performance. For an informed investment choice regarding Dicks Stock, refer to the following important reports:
Check out the analysis of Dicks Sporting Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Dicks Sporting's industry 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 Dicks Sporting. If investors know Dicks 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 Dicks Sporting 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
0.37
Dividend Share
4
Earnings Share
12.18
Revenue Per Share
157.765
Quarterly Revenue Growth
0.078
The market value of Dicks Sporting Goods is measured differently than its book value, which is the value of Dicks that is recorded on the company's balance sheet. Investors also form their own opinion of Dicks Sporting's value that differs from its market value or its book value, called intrinsic value, which is Dicks Sporting'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 Dicks Sporting's market value can be influenced by many factors that don't directly affect Dicks Sporting'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 Dicks Sporting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dicks Sporting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dicks Sporting'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.