Sitio Historical Income Statement
| STR Stock | USD 22.94 0.31 1.37% |
Historical analysis of Sitio Royalties income statement accounts such as Operating Income of 285.1 M, Ebit of 219.1 M, EBITDA of 383.9 M or Total Operating Expenses of 43.8 M can show how well Sitio Royalties Corp performed in making a profits. Evaluating Sitio Royalties income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sitio Royalties's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sitio Royalties Corp 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 Sitio Royalties Corp is a good buy for the upcoming year.
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About Sitio Income Statement Analysis
Sitio Royalties Corp 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 Sitio Royalties shareholders. The income statement also shows Sitio 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).
Sitio Royalties Income Statement Chart
Sitio Royalties Corp Income Statement is one of the three primary financial statements used for reporting Sitio's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sitio Royalties Corp revenue and expense. Sitio Royalties Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Sitio Royalties' Net Income From Continuing Ops is relatively stable compared to the past year. As of 05/03/2024, Reconciled Depreciation is likely to grow to about 272.9 M, while Gross Profit is likely to drop slightly above 242.3 M. Add Fundamental
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Sitio Royalties Corp 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 Sitio Royalties Corp minus its cost of goods sold. It is profit before Sitio Royalties 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 Sitio Royalties Corp. It is also known as Sitio Royalties 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 Sitio Royalties' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sitio Royalties Corp 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 Sitio Royalties Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, Sitio Royalties' Net Income From Continuing Ops is relatively stable compared to the past year. As of 05/03/2024, Reconciled Depreciation is likely to grow to about 272.9 M, while Gross Profit is likely to drop slightly above 242.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 120.6M | 369.6M | 593.4M | 967.3M | Depreciation And Amortization | 50.2M | 130.1M | 291.3M | 164.8M |
Sitio Royalties income statement Correlations
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Sitio Royalties income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 12.8M | 32.0M | 50.2M | 130.1M | 291.3M | 164.8M | |
| Total Revenue | 68.5M | 45.7M | 120.6M | 369.6M | 593.4M | 967.3M | |
| Gross Profit | 51.5M | 13.7M | 79.7M | 265.1M | 255.1M | 242.3M | |
| Other Operating Expenses | 31.3M | 48.9M | 61.4M | 150.1M | 384.4M | 365.2M | |
| Operating Income | 37.2M | (3.2M) | 49.9M | 194.0M | 209.0M | 285.1M | |
| Ebit | 37.2M | (3.2M) | 49.9M | 194.0M | 209.0M | 219.1M | |
| Ebitda | 50.0M | 28.8M | 100.1M | 324.1M | 500.3M | 383.9M | |
| Total Operating Expenses | 14.3M | 16.9M | 20.5M | 45.5M | 46.1M | 43.8M | |
| Income Before Tax | 34.8M | (14.2M) | 48.0M | 189.8M | (61.0M) | (57.9M) | |
| Total Other Income Expense Net | (2.3M) | (11.0M) | (1.9M) | (4.2M) | (270.0M) | (256.5M) | |
| Net Income | 14.2M | (14.2M) | 47.5M | 184.2M | (16.6M) | (15.8M) | |
| Income Tax Expense | 3.9M | 22K | 486K | 5.7M | (14.3M) | (13.6M) | |
| Cost Of Revenue | 17.0M | 32.0M | 40.9M | 104.5M | 338.3M | 288.0M | |
| Interest Expense | 2.5M | 2.0M | 1.9M | 35.5M | 93.4M | 98.1M | |
| Selling General Administrative | 10.5M | 9.4M | 13.0M | 42.3M | 49.6M | 68.1M | |
| Tax Provision | 3.9M | 589K | 4.1M | 5.7M | 7.4M | 7.7M | |
| Selling And Marketing Expenses | 2.4M | 2.0M | 1.8M | (3.5M) | (3.2M) | (3.0M) | |
| Net Income Applicable To Common Shares | 8.8M | (14.2M) | 28.7M | 15.1M | 13.6M | 17.8M | |
| Interest Income | 2.5M | 2.2M | 1.9M | 3.6M | 4.2M | 2.5M | |
| Net Interest Income | (2.5M) | (2.2M) | (1.9M) | (35.5M) | (89.1M) | (84.7M) | |
| Net Income From Continuing Ops | 30.9M | 5.3M | 27.5M | 184.1M | 49.6M | 72.7M | |
| Reconciled Depreciation | 12.8M | 14.7M | 15.9M | 104.5M | 259.9M | 272.9M | |
| Minority Interest | (16.6M) | (2.7M) | (14.3M) | 51K | (22.8M) | (21.7M) |
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When determining whether Sitio Royalties Corp is a strong investment it is important to analyze Sitio Royalties' 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 Sitio Royalties' future performance. For an informed investment choice regarding Sitio Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sitio Royalties Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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When running Sitio Royalties' price analysis, check to measure Sitio Royalties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sitio Royalties is operating at the current time. Most of Sitio Royalties' value examination focuses on studying past and present price action to predict the probability of Sitio Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sitio Royalties' price. Additionally, you may evaluate how the addition of Sitio Royalties to your portfolios can decrease your overall portfolio volatility.
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Is Sitio Royalties' 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 Sitio Royalties. If investors know Sitio 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 Sitio Royalties 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 (1.00) | Dividend Share 1.9 | Earnings Share 0.17 | Revenue Per Share 7.301 | Quarterly Revenue Growth 0.494 |
The market value of Sitio Royalties Corp is measured differently than its book value, which is the value of Sitio that is recorded on the company's balance sheet. Investors also form their own opinion of Sitio Royalties' value that differs from its market value or its book value, called intrinsic value, which is Sitio Royalties' 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 Sitio Royalties' market value can be influenced by many factors that don't directly affect Sitio Royalties' 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 Sitio Royalties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sitio Royalties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sitio Royalties' 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.