SP Plus Income Statement Research

SP Stock  USD 51.10  0.32  0.63%   
Most accounts from SP Plus' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SP Plus 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 SP Plus Valuation and SP Plus Correlation analysis.
  
At this time, SP Plus' Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 04/25/2024, Net Income From Continuing Ops is likely to grow to about 40 M, while Gross Profit is likely to drop slightly above 127.6 M.
Most accounts from SP Plus' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SP Plus 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 SP Plus Valuation and SP Plus Correlation analysis.
At this time, SP Plus' Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 04/25/2024, Net Income From Continuing Ops is likely to grow to about 40 M, while Gross Profit is likely to drop slightly above 127.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit179.8M221.7M218.5M127.6M
Total Revenue1.2B1.6B1.8B1.0B

SP Plus income statement Correlations

0.60.840.60.870.190.090.260.860.88-0.01-0.190.0-0.060.83-0.10.0-0.14-0.08-0.36-0.310.410.00.00.0
0.60.470.360.480.320.230.370.470.55-0.05-0.46-0.03-0.110.66-0.51-0.03-0.22-0.13-0.5-0.840.77-0.65-0.65-0.65
0.840.470.851.00.530.410.531.00.90.360.150.380.310.87-0.060.340.230.29-0.43-0.130.240.00.00.0
0.60.360.850.80.830.770.820.80.720.740.480.750.690.76-0.230.740.20.68-0.39-0.120.21-0.03-0.03-0.03
0.870.481.00.80.450.330.461.00.920.280.080.30.230.87-0.020.260.210.21-0.42-0.130.250.020.020.02
0.190.320.530.830.450.980.980.460.30.910.580.910.890.42-0.430.90.220.88-0.39-0.210.21-0.41-0.41-0.41
0.090.230.410.770.330.980.980.340.170.930.620.920.920.32-0.410.930.250.91-0.34-0.170.16-0.4-0.4-0.4
0.260.370.530.820.460.980.980.470.310.880.530.870.860.45-0.440.880.190.85-0.41-0.260.25-0.46-0.46-0.46
0.860.471.00.81.00.460.340.470.90.290.090.30.240.87-0.030.260.220.22-0.42-0.130.240.010.010.01
0.880.550.90.720.920.30.170.310.90.13-0.030.160.050.870.00.130.020.04-0.34-0.190.270.10.10.1
-0.01-0.050.360.740.280.910.930.880.290.130.861.00.980.21-0.170.990.250.98-0.080.15-0.14-0.14-0.14-0.14
-0.19-0.460.150.480.080.580.620.530.09-0.030.860.860.84-0.060.250.850.280.860.320.6-0.580.220.220.22
0.0-0.030.380.750.30.910.920.870.30.161.00.860.970.24-0.160.990.240.97-0.060.15-0.14-0.14-0.14-0.14
-0.06-0.110.310.690.230.890.920.860.240.050.980.840.970.13-0.180.970.260.99-0.10.18-0.15-0.14-0.14-0.14
0.830.660.870.760.870.420.320.450.870.870.21-0.060.240.13-0.210.220.00.14-0.39-0.410.53-0.13-0.13-0.13
-0.1-0.51-0.06-0.23-0.02-0.43-0.41-0.44-0.030.0-0.170.25-0.16-0.18-0.21-0.180.22-0.160.690.79-0.70.550.550.55
0.0-0.030.340.740.260.90.930.880.260.130.990.850.990.970.22-0.180.240.98-0.070.13-0.12-0.16-0.16-0.16
-0.14-0.220.230.20.210.220.250.190.220.020.250.280.240.260.00.220.240.27-0.220.37-0.390.160.160.16
-0.08-0.130.290.680.210.880.910.850.220.040.980.860.970.990.14-0.160.980.27-0.080.19-0.17-0.14-0.14-0.14
-0.36-0.5-0.43-0.39-0.42-0.39-0.34-0.41-0.42-0.34-0.080.32-0.06-0.1-0.390.69-0.07-0.22-0.080.6-0.550.310.310.31
-0.31-0.84-0.13-0.12-0.13-0.21-0.17-0.26-0.13-0.190.150.60.150.18-0.410.790.130.370.190.6-0.920.670.670.67
0.410.770.240.210.250.210.160.250.240.27-0.14-0.58-0.14-0.150.53-0.7-0.12-0.39-0.17-0.55-0.92-0.56-0.56-0.56
0.0-0.650.0-0.030.02-0.41-0.4-0.460.010.1-0.140.22-0.14-0.14-0.130.55-0.160.16-0.140.310.67-0.561.01.0
0.0-0.650.0-0.030.02-0.41-0.4-0.460.010.1-0.140.22-0.14-0.14-0.130.55-0.160.16-0.140.310.67-0.561.01.0
0.0-0.650.0-0.030.02-0.41-0.4-0.460.010.1-0.140.22-0.14-0.14-0.130.55-0.160.16-0.140.310.67-0.561.01.0
Click cells to compare fundamentals

SP Plus Account Relationship Matchups

SP Plus income statement Accounts

201920202021202220232024 (projected)
Interest Expense18.9M21.5M21.2M17.7M28.8M30.2M
Total Revenue1.7B1.1B1.2B1.6B1.8B1.0B
Gross Profit228.1M30.4M179.8M221.7M218.5M127.6M
Operating Income89.7M(84.3M)66.5M82.9M96.4M101.2M
Ebit89.7M(84.3M)66.5M82.9M96.4M101.2M
Ebitda119.4M(54.6M)91.6M112.6M132.5M139.1M
Cost Of Revenue1.4B1.1B997.4M1.3B1.6B919.4M
Income Before Tax71.1M(240.4M)45.8M65.6M48.7M51.1M
Net Income48.8M(172.9M)31.7M45.2M31.1M32.7M
Income Tax Expense19.4M(67.5M)10.5M17.5M14M14.7M
Minority Interest(200K)(100K)(3.6M)(2.9M)(3.4M)(3.2M)
Tax Provision19.4M(67.5M)10.5M17.5M14.1M14.8M
Net Interest Income(18.6M)(21M)(20.8M)(17.3M)(26.8M)(25.5M)

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When determining whether SP Plus Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SP Plus Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Sp Plus Corp Stock. Highlighted below are key reports to facilitate an investment decision about Sp Plus Corp Stock:
Check out SP Plus Valuation and SP Plus Correlation analysis.
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Is SP Plus' 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 SP Plus. If investors know SP Plus 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 SP Plus 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
(0.74)
Earnings Share
1.57
Revenue Per Share
44.899
Quarterly Revenue Growth
0.052
Return On Assets
0.0505
The market value of SP Plus Corp is measured differently than its book value, which is the value of SP Plus that is recorded on the company's balance sheet. Investors also form their own opinion of SP Plus' value that differs from its market value or its book value, called intrinsic value, which is SP Plus' 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 SP Plus' market value can be influenced by many factors that don't directly affect SP Plus' 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 SP Plus' value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Plus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Plus' 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.