Dicks Historical Income Statement

DKS Stock  USD 222.59  5.15  2.37%   
Historical analysis of Dicks Sporting income statement accounts such as Total Revenue of 13.6 B or Gross Profit of 4.8 B can show how well Dicks Sporting Goods performed in making a profits. Evaluating Dicks Sporting income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Dicks Sporting's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Dicks Sporting Goods 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 Dicks Sporting Goods is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dicks Sporting Goods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

About Dicks Income Statement Analysis

Dicks Sporting Goods 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 Dicks Sporting shareholders. The income statement also shows Dicks 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).

Dicks Sporting Income Statement Chart

Dicks Sporting Goods Income Statement is one of the three primary financial statements used for reporting Dicks's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Dicks Sporting Goods revenue and expense. Dicks Sporting Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Dicks Sporting's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 3.4 B in 2024, whereas Income Tax Expense is likely to drop slightly above 146.6 M in 2024.

Total Revenue

Total revenue comprises all receipts Dicks Sporting Goods 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 Dicks Sporting Goods minus its cost of goods sold. It is profit before Dicks Sporting 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 Dicks Sporting Goods. It is also known as Dicks Sporting 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.

Operating Income

Operating Income is the amount of profit realized from Dicks Sporting Goods operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Dicks Sporting Goods is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Dicks Sporting's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Dicks Sporting Goods 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 Dicks Sporting Goods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
At this time, Dicks Sporting's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 3.4 B in 2024, whereas Income Tax Expense is likely to drop slightly above 146.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.7B4.3B4.5B4.8B
Total Revenue12.3B12.4B13.0B13.6B

Dicks Sporting income statement Correlations

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Click cells to compare fundamentals

Dicks Sporting Account Relationship Matchups

Dicks Sporting income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization285.8M345.1M340.3M381.4M393.9M413.6M
Interest Expense17.0M48.8M57.8M95.2M58.0M60.9M
Total Revenue8.8B9.6B12.3B12.4B13.0B13.6B
Gross Profit2.6B3.1B4.7B4.3B4.5B4.8B
Other Operating Expenses8.4B8.8B10.3B10.9B11.7B12.2B
Operating Income375.6M741.5M2.0B1.5B1.3B1.4B
Ebit375.6M741.5M2.0B1.5B1.3B1.4B
Ebitda661.4M1.1B2.4B1.8B1.7B1.8B
Cost Of Revenue6.2B6.5B7.6B8.1B8.5B8.9B
Total Operating Expenses2.2B2.3B2.7B2.8B3.2B3.4B
Income Before Tax407.7M711.7M2.0B1.4B1.3B1.4B
Total Other Income Expense Net32.1M(29.7M)(40.1M)(79.3M)(11.5M)(12.0M)
Net Income297.5M530.3M1.5B1.0B1.0B1.1B
Income Tax Expense110.2M181.5M474.6M340.6M271.6M146.6M
Selling General Administrative1.8B2.0B2.3B2.4B2.8B2.9B
Net Income Applicable To Common Shares297.5M530.3M1.5B1.0B1.2B1.3B
Net Income From Continuing Ops297.5M530.3M1.5B1.0B1.2B1.3B
Tax Provision110.2M181.5M474.6M340.6M391.7M243.1M
Interest Income17.0M48.8M57.8M95.2M109.5M115.0M
Net Interest Income(17.0M)(48.8M)(57.8M)(95.2M)(85.7M)(81.4M)
Reconciled Depreciation270.4M326.0M322.6M365.5M420.3M323.8M

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.

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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dicks Sporting Goods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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
0.371
Dividend Share
4
Earnings Share
11.23
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.