Grand Historical Income Statement

LOPE Stock  USD 131.08  0.31  0.24%   
Historical analysis of Grand Canyon income statement accounts such as Operating Income of 174.4 M can show how well Grand Canyon Education performed in making a profits. Evaluating Grand Canyon income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Grand Canyon's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Grand Canyon Education 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 Grand Canyon Education is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Grand Canyon Education. 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.

About Grand Income Statement Analysis

Grand Canyon Education 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 Grand Canyon shareholders. The income statement also shows Grand 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).

Grand Canyon Income Statement Chart

Grand Canyon Education Income Statement is one of the three primary financial statements used for reporting Grand's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Grand Canyon Education revenue and expense. Grand Canyon Income Statement primarily focuses on the company's revenues and expenses during a particular period.
The current year's Depreciation And Amortization is expected to grow to about 38.1 M, whereas Interest Expense is forecasted to decline to about 31.4 K.

Total Revenue

Total revenue comprises all receipts Grand Canyon Education 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 Grand Canyon Education minus its cost of goods sold. It is profit before Grand Canyon 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.

Operating Income

Operating Income is the amount of profit realized from Grand Canyon Education operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Grand Canyon Education is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Grand Canyon's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Grand Canyon Education 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Grand Canyon Education. 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.
The current year's Depreciation And Amortization is expected to grow to about 38.1 M, whereas Interest Expense is forecasted to decline to about 31.4 K.
 2021 2022 2023 2024 (projected)
Gross Profit515.3M487.5M495.3M367.0M
Total Revenue896.6M911.3M960.9M643.9M

Grand Canyon income statement Correlations

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0.550.850.850.960.950.980.650.86-0.270.770.820.570.990.620.630.970.44-0.430.750.77-0.730.0
0.260.850.90.80.770.770.650.610.410.830.750.870.770.230.130.560.490.170.240.25-0.110.11
0.770.610.690.790.740.850.860.61-0.180.50.490.460.860.870.450.860.25-0.140.880.87-0.60.09
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0.10.980.930.890.90.840.820.750.490.010.980.80.850.160.580.740.56-0.390.250.29-0.49-0.11
0.10.880.910.720.660.640.570.870.460.380.910.80.670.170.370.470.46-0.010.040.06-0.17-0.08
0.520.90.910.980.970.990.990.770.86-0.140.830.850.670.580.560.950.48-0.340.690.71-0.650.0
0.730.260.350.470.40.540.620.230.87-0.380.170.160.170.580.50.65-0.06-0.170.890.88-0.630.02
0.110.540.480.520.480.50.630.130.45-0.60.530.580.370.560.50.61-0.03-0.620.460.5-0.78-0.26
0.540.760.770.920.920.950.970.560.86-0.370.670.740.470.950.650.610.41-0.50.780.8-0.8-0.14
0.330.560.550.540.560.50.440.490.250.210.550.560.460.48-0.06-0.030.41-0.280.040.02-0.17-0.05
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0.770.320.360.570.560.670.750.240.88-0.490.190.250.040.690.890.460.780.04-0.291.0-0.70.11
0.710.350.380.590.590.690.770.250.87-0.520.220.290.060.710.880.50.80.02-0.311.0-0.730.08
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0.27-0.05-0.010.020.030.050.00.110.090.29-0.11-0.11-0.080.00.02-0.26-0.14-0.050.540.110.080.44
Click cells to compare fundamentals

Grand Canyon Account Relationship Matchups

Grand Canyon income statement Accounts

201920202021202220232024 (projected)
Interest Expense11.3M4.4M3.6M2K33K31.4K
Total Revenue778.6M844.1M896.6M911.3M960.9M643.9M
Gross Profit464.5M493.6M515.3M487.5M495.3M367.0M
Operating Income265.1M277.4M282.2M237.5M249.3M174.4M
Ebit265.1M277.4M282.2M237.5M249.3M177.8M
Ebitda355.3M366.3M365.3M271.3M281.2M214.0M
Net Income259.2M257.2M260.3M184.7M205.0M131.7M
Income Tax Expense58.3M75.9M70.9M55.4M54.7M50.6M
Depreciation And Amortization90.2M88.8M83.1M33.8M32.0M38.1M
Selling General Administrative44.3M43.4M41.8M45.5M43.2M41.1M
Other Operating Expenses509.5M566.7M614.4M673.8M711.6M493.9M
Cost Of Revenue314.1M350.5M381.3M423.8M465.6M292.3M
Total Operating Expenses195.4M216.1M233.1M250M246.0M201.6M
Income Before Tax317.5M333.1M331.3M240.1M259.7M192.5M
Total Other Income Expense Net52.4M55.7M49.1M2.6M10.4M8.7M
Net Income Applicable To Common Shares259.2M257.2M260.3M184.7M212.4M133.6M
Selling And Marketing Expenses142.9M164.3M182.9M196.1M202.8M134.2M
Net Income From Continuing Ops259.2M257.2M260.3M184.7M195.3M185.2M
Non Operating Income Net Other4.4M915K610K2.6M3.0M2.0M
Tax Provision58.3M75.9M70.9M55.4M55.6M55.1M
Interest Income59.3M59.2M52.7M2.6M8.8M8.4M
Net Interest Income48.0M54.8M49.1M2.6M8.8M8.3M
Reconciled Depreciation26.9M29.7M30.4M31.2M31.1M27.3M

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When determining whether Grand Canyon Education is a strong investment it is important to analyze Grand Canyon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grand Canyon's future performance. For an informed investment choice regarding Grand Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Grand Canyon Education. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Grand Canyon's price analysis, check to measure Grand Canyon'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 Grand Canyon is operating at the current time. Most of Grand Canyon's value examination focuses on studying past and present price action to predict the probability of Grand Canyon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Canyon's price. Additionally, you may evaluate how the addition of Grand Canyon to your portfolios can decrease your overall portfolio volatility.
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Is Grand Canyon'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 Grand Canyon. If investors know Grand 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 Grand Canyon 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
0.176
Earnings Share
6.8
Revenue Per Share
32.04
Quarterly Revenue Growth
0.076
Return On Assets
0.1767
The market value of Grand Canyon Education is measured differently than its book value, which is the value of Grand that is recorded on the company's balance sheet. Investors also form their own opinion of Grand Canyon's value that differs from its market value or its book value, called intrinsic value, which is Grand Canyon'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 Grand Canyon's market value can be influenced by many factors that don't directly affect Grand Canyon'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 Grand Canyon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grand Canyon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grand Canyon'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.