Allison Historical Income Statement
ALSN Stock | USD 80.03 0.28 0.35% |
Historical analysis of Allison Transmission income statement accounts such as Interest Expense of 114.9 M, Selling General Administrative of 280.3 M or Total Revenue of 2.5 B can show how well Allison Transmission Holdings performed in making a profits. Evaluating Allison Transmission income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Allison Transmission's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Allison Transmission 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 Allison Transmission is a good buy for the upcoming year.
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About Allison Income Statement Analysis
Allison Transmission 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 Allison Transmission shareholders. The income statement also shows Allison 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).
Allison Transmission Income Statement Chart
Allison Transmission Holdings Income Statement is one of the three primary financial statements used for reporting Allison's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Allison Transmission revenue and expense. Allison Transmission Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of the 25th of April 2024, Total Operating Expenses is likely to grow to about 522.4 M, while Depreciation And Amortization is likely to drop about 124.9 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Allison Transmission 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 Allison Transmission Holdings minus its cost of goods sold. It is profit before Allison Transmission 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 Allison Transmission. It is also known as Allison Transmission 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 Allison Transmission's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Allison Transmission 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Allison Transmission Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. As of the 25th of April 2024, Total Operating Expenses is likely to grow to about 522.4 M, while Depreciation And Amortization is likely to drop about 124.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 116M | 118M | 119M | 114.9M | Depreciation And Amortization | 19M | 155M | 154M | 124.9M |
Allison Transmission income statement Correlations
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Allison Transmission Account Relationship Matchups
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Allison Transmission income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 12M | 148M | 19M | 155M | 154M | 124.9M | |
Interest Expense | 134M | 137M | 116M | 118M | 119M | 114.9M | |
Selling General Administrative | 354M | 317M | 305M | 328M | 362M | 280.3M | |
Total Revenue | 2.7B | 2.1B | 2.4B | 2.8B | 3.0B | 2.5B | |
Gross Profit | 1.4B | 998M | 1.1B | 1.3B | 1.4B | 1.2B | |
Other Operating Expenses | 1.8B | 1.5B | 1.7B | 2.0B | 2.1B | 1.9B | |
Operating Income | 892M | 382M | 669M | 608M | 919M | 631.6M | |
Ebit | 892M | 382M | 669M | 608M | 919M | 542.6M | |
Research Development | 154M | 147M | 171M | 185M | 194M | 141.6M | |
Ebitda | 904M | 530M | 688M | 763M | 1.1B | 714.3M | |
Cost Of Revenue | 1.3B | 1.1B | 1.3B | 1.5B | 1.6B | 1.3B | |
Total Operating Expenses | 500M | 464M | 476M | 513M | 506M | 522.4M | |
Income Before Tax | 768M | 393M | 572M | 645M | 827M | 491.2M | |
Total Other Income Expense Net | (124M) | 11M | (97M) | 37M | (92M) | (87.4M) | |
Net Income Applicable To Common Shares | 604M | 299M | 442M | 531M | 610.7M | 377.1M | |
Net Income | 604M | 299M | 442M | 531M | 673M | 403.1M | |
Income Tax Expense | 164M | 94M | 130M | 114M | 154M | 88.1M | |
Net Income From Continuing Ops | 604M | 272M | 444M | 553M | 644M | 461.0M | |
Non Operating Income Net Other | 10M | (4M) | 19M | (21M) | (24.2M) | (22.9M) | |
Tax Provision | 164M | 94M | 130M | 114M | 146M | 130.8M | |
Net Interest Income | (134M) | (137M) | (116M) | (118M) | (113M) | (118.7M) | |
Reconciled Depreciation | 167M | 148M | 150M | 155M | 152M | 126.4M |
Pair Trading with Allison Transmission
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 Allison Transmission 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 Allison Transmission will appreciate offsetting losses from the drop in the long position's value.Moving together with Allison Stock
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0.66 | MMM | 3M Company Earnings Call This Week | PairCorr |
Moving against Allison Stock
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0.81 | BQ | Boqii Holding Limited | PairCorr |
0.79 | QS | Quantumscape Corp | PairCorr |
The ability to find closely correlated positions to Allison Transmission could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allison Transmission 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 Allison Transmission - 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 Allison Transmission Holdings to buy it.
The correlation of Allison Transmission 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 Allison Transmission moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allison Transmission 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 Allison Transmission 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allison Transmission Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Allison Stock analysis
When running Allison Transmission's price analysis, check to measure Allison Transmission'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 Allison Transmission is operating at the current time. Most of Allison Transmission's value examination focuses on studying past and present price action to predict the probability of Allison Transmission's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allison Transmission's price. Additionally, you may evaluate how the addition of Allison Transmission to your portfolios can decrease your overall portfolio volatility.
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Is Allison Transmission'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 Allison Transmission. If investors know Allison 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 Allison Transmission 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 1.17 | Dividend Share 0.92 | Earnings Share 7.4 | Revenue Per Share 33.722 | Quarterly Revenue Growth 0.204 |
The market value of Allison Transmission is measured differently than its book value, which is the value of Allison that is recorded on the company's balance sheet. Investors also form their own opinion of Allison Transmission's value that differs from its market value or its book value, called intrinsic value, which is Allison Transmission'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 Allison Transmission's market value can be influenced by many factors that don't directly affect Allison Transmission'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 Allison Transmission's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allison Transmission is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allison Transmission'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.