Air Historical Income Statement
APD Stock | USD 234.68 0.97 0.42% |
Historical analysis of Air Products income statement accounts such as Interest Expense of 214.3 M, Selling General Administrative of 950.1 M or Total Revenue of 7.4 B can show how well Air Products and performed in making a profits. Evaluating Air Products income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Air Products's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Air Products 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 Air Products is a good buy for the upcoming year.
Air |
About Air Income Statement Analysis
Air Products 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 Air Products shareholders. The income statement also shows Air 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).
Air Products Income Statement Chart
Air Products and Income Statement is one of the three primary financial statements used for reporting Air's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Air Products revenue and expense. Air Products Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Air Products' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 4 B, whereas Selling General Administrative is forecasted to decline to about 950.1 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Air Products 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 Air Products and minus its cost of goods sold. It is profit before Air Products 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 Air Products. It is also known as Air Products 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 Air Products' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Air Products 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 Air Products and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. At present, Air Products' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 4 B, whereas Selling General Administrative is forecasted to decline to about 950.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.4B | 3.8B | 4.3B | 2.3B | Total Revenue | 12.7B | 12.6B | 14.5B | 7.4B |
Air Products income statement Correlations
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Air Products Account Relationship Matchups
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Air Products income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 1.5B | 1.7B | 2.0B | 1.4B | 1.6B | 796.2M | |
Selling General Administrative | 742.1M | 828.4M | 900.6M | 957M | 1.1B | 950.1M | |
Total Revenue | 8.9B | 10.3B | 12.7B | 12.6B | 14.5B | 7.4B | |
Gross Profit | 3.0B | 3.1B | 3.4B | 3.8B | 4.3B | 2.3B | |
Other Operating Expenses | 6.6B | 8.1B | 10.3B | 9.9B | 11.3B | 6.2B | |
Operating Income | 2.2B | 2.3B | 2.3B | 2.5B | 2.9B | 3.0B | |
Ebit | 2.2B | 2.3B | 2.3B | 3.3B | 3.8B | 4.0B | |
Ebitda | 3.7B | 4.0B | 4.3B | 4.7B | 5.4B | 5.6B | |
Cost Of Revenue | 5.9B | 7.2B | 9.3B | 8.8B | 10.2B | 5.1B | |
Total Operating Expenses | 760.6M | 869.1M | 947.6M | 1.0B | 925.0M | 793.4M | |
Income Before Tax | 2.4B | 2.5B | 2.8B | 2.9B | 3.3B | 3.5B | |
Total Other Income Expense Net | 186.2M | 226M | 415.9M | 320.7M | 368.8M | 387.2M | |
Net Income | 1.9B | 2.1B | 2.3B | 2.3B | 2.6B | 2.8B | |
Income Tax Expense | 478.4M | 462.8M | 500.8M | 551.2M | 633.9M | 665.6M | |
Research Development | 83.9M | 93.5M | 102.9M | 105.6M | 95.0M | 90.0M | |
Net Income Applicable To Common Shares | 1.9B | 2.1B | 2.3B | 2.3B | 2.6B | 2.8B | |
Minority Interest | (44.4M) | (15.8M) | (10.4M) | (38.4M) | (44.2M) | (42.0M) | |
Net Income From Continuing Ops | 1.9B | 2.0B | 2.3B | 2.3B | 2.7B | 1.8B | |
Tax Provision | 478.4M | 462.8M | 500.8M | 551.2M | 633.9M | 508.2M | |
Interest Income | 155.5M | 152.3M | 368.3M | 426.8M | 490.8M | 515.4M | |
Extraordinary Items | (14.3M) | 70.3M | 12.6M | 7.4M | 6.7M | 6.3M | |
Reconciled Depreciation | 1.2B | 1.3B | 1.3B | 1.4B | 1.6B | 1.3B |
Pair Trading with Air Products
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 Air Products 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 Air Products will appreciate offsetting losses from the drop in the long position's value.Moving against Air Stock
0.43 | ASH | Ashland Global Holdings Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Air Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Products 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 Air Products - 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 Air Products and to buy it.
The correlation of Air Products 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 Air Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Products 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 Air Products 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 Air Products and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running Air Products' price analysis, check to measure Air Products' 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 Air Products is operating at the current time. Most of Air Products' value examination focuses on studying past and present price action to predict the probability of Air Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Products' price. Additionally, you may evaluate how the addition of Air Products to your portfolios can decrease your overall portfolio volatility.
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Is Air Products' 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 Air Products. If investors know Air 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 Air Products 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 0.062 | Dividend Share 7 | Earnings Share 10.47 | Revenue Per Share 55.864 | Quarterly Revenue Growth (0.06) |
The market value of Air Products is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Products' value that differs from its market value or its book value, called intrinsic value, which is Air Products' 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 Air Products' market value can be influenced by many factors that don't directly affect Air Products' 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 Air Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Products' 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.