GoHealth Historical Income Statement

GOCO Stock  USD 10.15  0.14  1.40%   
Historical analysis of GoHealth income statement accounts such as Depreciation And Amortization of 84 M or Interest Expense of 36.9 M can show how well GoHealth performed in making a profits. Evaluating GoHealth income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of GoHealth's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining GoHealth 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 GoHealth is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.

About GoHealth Income Statement Analysis

GoHealth 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 GoHealth shareholders. The income statement also shows GoHealth 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).

GoHealth Income Statement Chart

GoHealth Income Statement is one of the three primary financial statements used for reporting GoHealth's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of GoHealth revenue and expense. GoHealth Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, GoHealth's Total Operating Expenses is very stable compared to the past year. As of the 29th of April 2024, Income Tax Expense is likely to grow to about 176.2 K, while Tax Provision is likely to drop about 63.6 K.

Total Revenue

Total revenue comprises all receipts GoHealth 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 GoHealth minus its cost of goods sold. It is profit before GoHealth 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 GoHealth. It is also known as GoHealth 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 GoHealth's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into GoHealth 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.At this time, GoHealth's Total Operating Expenses is very stable compared to the past year. As of the 29th of April 2024, Income Tax Expense is likely to grow to about 176.2 K, while Tax Provision is likely to drop about 63.6 K.
 2023 2024 (projected)
Depreciation And Amortization105.7M84.0M
Interest Income9.4M9.9M

GoHealth income statement Correlations

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Click cells to compare fundamentals

GoHealth Account Relationship Matchups

GoHealth income statement Accounts

201920202021202220232024 (projected)
Tax Provision(22K)43K(24K)764K67K63.7K
Depreciation And Amortization33.0M98.6M107.5M107.1M105.7M84.0M
Interest Expense8.2M33.0M33.5M57.1M69.5M36.9M
Selling General Administrative182.6M197.2M98.2M116.5M93.1M131.1M
Total Revenue539.5M877.4M1.1B631.7M734.7M746.5M
Gross Profit337.0M678.1M823.1M444.0M470.0M531.4M
Other Operating Expenses493.1M922.2M1.2B912.8M801.7M823.6M
Operating Income46.4M(44.5M)(102.2M)(281.1M)(67.1M)(70.4M)
Ebit46.4M(44.5M)(102.2M)(281.1M)(67.1M)(70.4M)
Ebitda79.4M54.1M5.3M(174.0M)38.7M40.6M
Cost Of Revenue202.5M199.2M239.3M187.7M264.7M215.1M
Total Operating Expenses290.5M723.0M926.0M725.1M537.0M608.6M
Income Before Tax(41.1M)(97.2M)(534.2M)(375.6M)(151.1M)(158.7M)
Total Other Income Expense Net(87.5M)(52.7M)(432.0M)(94.5M)(84.0M)(88.2M)
Net Income Applicable To Common Shares16.0M(18.8M)(189.4M)(148.7M)(133.8M)(127.1M)
Net Income(41.1M)(97.2M)(534.2M)(376.4M)(63.3M)(66.4M)
Income Tax Expense(22K)43K(24K)764K154K176.2K

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When determining whether GoHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GoHealth'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 Gohealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gohealth Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.
Note that the GoHealth information on this page should be used as a complementary analysis to other GoHealth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running GoHealth's price analysis, check to measure GoHealth'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 GoHealth is operating at the current time. Most of GoHealth's value examination focuses on studying past and present price action to predict the probability of GoHealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoHealth's price. Additionally, you may evaluate how the addition of GoHealth to your portfolios can decrease your overall portfolio volatility.
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Is GoHealth'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 GoHealth. If investors know GoHealth 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 GoHealth 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
4.241
Earnings Share
(7.19)
Revenue Per Share
79.065
Quarterly Revenue Growth
2.988
Return On Assets
(0.03)
The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth'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 GoHealth's market value can be influenced by many factors that don't directly affect GoHealth'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 GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth'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.