Sirius Income Statement Research

SIRI Stock  USD 3.90  0.04  1.04%   
Most accounts from Sirius XM's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sirius XM Holding 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 Sirius XM Valuation and Sirius XM Correlation analysis.
  
As of now, Sirius XM's Gross Profit is increasing as compared to previous years. The Sirius XM's current Other Operating Expenses is estimated to increase to about 7.3 B, while Total Operating Expenses is projected to decrease to under 1.2 B.
Most accounts from Sirius XM's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sirius XM Holding 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 Sirius XM Valuation and Sirius XM Correlation analysis.
As of now, Sirius XM's Gross Profit is increasing as compared to previous years. The Sirius XM's current Other Operating Expenses is estimated to increase to about 7.3 B, while Total Operating Expenses is projected to decrease to under 1.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit4.4B4.5B4.4B4.6B
Total Revenue8.7B9.0B9.0B9.4B

Sirius XM income statement Correlations

0.890.970.980.980.890.90.940.90.71-0.490.220.210.970.970.96-0.470.890.180.840.22-0.440.87-0.920.92
0.890.920.940.90.930.960.960.810.79-0.330.270.220.90.940.81-0.730.730.230.630.49-0.30.73-0.710.67
0.970.921.01.00.960.960.980.890.81-0.390.190.31.00.990.95-0.50.880.140.810.28-0.410.88-0.90.87
0.980.941.00.990.960.970.990.90.8-0.420.170.310.990.990.95-0.520.880.130.80.31-0.410.87-0.890.86
0.980.91.00.990.950.930.960.890.79-0.40.190.281.00.990.97-0.460.890.150.820.24-0.430.89-0.910.89
0.890.930.960.960.950.980.980.840.86-0.310.180.340.960.950.85-0.60.810.140.70.32-0.320.8-0.780.73
0.90.960.960.970.930.980.990.830.85-0.320.160.360.940.950.85-0.630.780.120.70.43-0.320.79-0.780.73
0.940.960.980.990.960.980.990.860.83-0.370.180.330.970.970.9-0.60.820.140.750.38-0.360.83-0.830.79
0.90.810.890.90.890.840.830.860.64-0.550.130.260.880.880.85-0.490.980.130.690.2-0.380.88-0.760.86
0.710.790.810.80.790.860.850.830.640.170.240.360.810.770.7-0.470.610.210.510.37-0.230.66-0.670.53
-0.49-0.33-0.39-0.42-0.4-0.31-0.32-0.37-0.550.170.18-0.07-0.36-0.41-0.430.21-0.570.17-0.440.030.27-0.390.35-0.56
0.220.270.190.170.190.180.160.180.130.240.18-0.820.20.210.14-0.290.070.990.12-0.16-0.140.1-0.160.1
0.210.220.30.310.280.340.360.330.260.36-0.07-0.820.290.260.280.00.29-0.830.190.37-0.010.3-0.240.22
0.970.91.00.991.00.960.940.970.880.81-0.360.20.290.990.95-0.480.870.160.810.25-0.420.88-0.90.87
0.970.940.990.990.990.950.950.970.880.77-0.410.210.260.990.94-0.570.850.170.760.3-0.420.85-0.860.83
0.960.810.950.950.970.850.850.90.850.7-0.430.140.280.950.94-0.270.880.10.860.2-0.460.93-0.970.94
-0.47-0.73-0.5-0.52-0.46-0.6-0.63-0.6-0.49-0.470.21-0.290.0-0.48-0.57-0.27-0.31-0.28-0.09-0.30.05-0.190.12-0.14
0.890.730.880.880.890.810.780.820.980.61-0.570.070.290.870.850.88-0.310.070.740.14-0.420.9-0.820.91
0.180.230.140.130.150.140.120.140.130.210.170.99-0.830.160.170.1-0.280.070.07-0.18-0.120.08-0.110.08
0.840.630.810.80.820.70.70.750.690.51-0.440.120.190.810.760.86-0.090.740.070.14-0.420.8-0.920.93
0.220.490.280.310.240.320.430.380.20.370.03-0.160.370.250.30.2-0.30.14-0.180.14-0.080.2-0.160.09
-0.44-0.3-0.41-0.41-0.43-0.32-0.32-0.36-0.38-0.230.27-0.14-0.01-0.42-0.42-0.460.05-0.42-0.12-0.42-0.08-0.40.46-0.48
0.870.730.880.870.890.80.790.830.880.66-0.390.10.30.880.850.93-0.190.90.080.80.2-0.4-0.890.9
-0.92-0.71-0.9-0.89-0.91-0.78-0.78-0.83-0.76-0.670.35-0.16-0.24-0.9-0.86-0.970.12-0.82-0.11-0.92-0.160.46-0.89-0.95
0.920.670.870.860.890.730.730.790.860.53-0.560.10.220.870.830.94-0.140.910.080.930.09-0.480.9-0.95
Click cells to compare fundamentals

Sirius XM Account Relationship Matchups

Sirius XM income statement Accounts

201920202021202220232024 (projected)
Interest Expense390M394M415M422M423M444.2M
Total Revenue7.8B8.0B8.7B9.0B9.0B9.4B
Gross Profit3.9B4.1B4.4B4.5B4.4B4.6B
Operating Income1.6B1.9B2.0B2.0B1.9B2.0B
Ebit1.6B1.9B2.0B2.0B2.0B2.1B
Ebitda2.2B2.4B2.6B2.7B2.6B2.8B
Income Before Tax1.2B430M1.5B1.6B1.5B1.6B
Net Income914M131M1.3B1.2B1.3B1.3B
Income Tax Expense283M299M212M392M260M273M
Cost Of Revenue3.9B3.9B4.3B4.5B4.6B4.8B
Research Development280M263M265M285M322M338.1M
Tax Provision283M299M212M392M315M274.7M
Net Interest Income(390M)(394M)(415M)(422M)(427M)(448.4M)

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When determining whether Sirius XM Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sirius XM's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sirius Xm Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sirius Xm Holding Stock:
Check out Sirius XM Valuation and Sirius XM Correlation analysis.
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When running Sirius XM's price analysis, check to measure Sirius XM's 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 Sirius XM is operating at the current time. Most of Sirius XM's value examination focuses on studying past and present price action to predict the probability of Sirius XM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sirius XM's price. Additionally, you may evaluate how the addition of Sirius XM to your portfolios can decrease your overall portfolio volatility.
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Is Sirius XM'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 Sirius XM. If investors know Sirius 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 Sirius XM 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
(0.02)
Dividend Share
0.099
Earnings Share
0.32
Revenue Per Share
2.321
Quarterly Revenue Growth
0.002
The market value of Sirius XM Holding is measured differently than its book value, which is the value of Sirius that is recorded on the company's balance sheet. Investors also form their own opinion of Sirius XM's value that differs from its market value or its book value, called intrinsic value, which is Sirius XM'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 Sirius XM's market value can be influenced by many factors that don't directly affect Sirius XM'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 Sirius XM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sirius XM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sirius XM'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.