Wayfair Operating Income vs Net Income Analysis

W Stock  USD 54.75  0.60  1.08%   
Wayfair financial indicator trend analysis is more than just analyzing Wayfair current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wayfair is a good investment. Please check the relationship between Wayfair Operating Income and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wayfair. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Wayfair Stock please use our How to Invest in Wayfair guide.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wayfair Operating Income account and Net Income. At this time, the significance of the direction appears to have totally related.
The correlation between Wayfair's Operating Income and Net Income is 0.99. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Wayfair, assuming nothing else is changed. The correlation between historical values of Wayfair's Operating Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Wayfair are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., Wayfair's Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Wayfair 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 Wayfair 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Wayfair financial statement analysis. It represents the amount of money remaining after all of Wayfair operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Wayfair's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wayfair current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wayfair. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Wayfair Stock please use our How to Invest in Wayfair guide.At this time, Wayfair's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 15.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.08 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.9B3.4B3.7B2.0B
Total Revenue13.7B12.2B12.0B7.4B

Wayfair fundamental ratios Correlations

0.810.790.86-0.730.380.820.820.72-0.750.880.740.830.620.270.720.71-0.820.480.780.840.880.640.80.680.77
0.810.990.99-0.780.150.970.990.82-0.770.970.950.960.510.520.960.86-0.860.780.920.910.980.560.930.660.98
0.790.990.98-0.80.110.980.980.84-0.790.970.920.970.510.470.930.88-0.840.770.920.920.980.580.930.670.96
0.860.990.98-0.840.180.990.970.86-0.831.00.910.980.580.430.910.88-0.880.70.930.950.990.640.940.720.95
-0.73-0.78-0.8-0.840.02-0.85-0.74-0.980.99-0.85-0.68-0.84-0.78-0.18-0.65-0.830.78-0.33-0.96-0.87-0.81-0.77-0.95-0.94-0.71
0.380.150.110.180.020.070.25-0.12-0.040.20.260.060.250.140.21-0.05-0.28-0.030.040.130.260.210.090.030.2
0.820.970.980.99-0.850.070.940.89-0.840.990.861.00.540.40.870.89-0.870.70.930.960.970.650.940.730.91
0.820.990.980.97-0.740.250.940.77-0.720.960.960.930.50.530.970.84-0.850.80.890.880.970.520.910.610.99
0.720.820.840.86-0.98-0.120.890.77-0.960.860.680.880.690.180.690.88-0.80.470.970.890.830.730.950.890.75
-0.75-0.77-0.79-0.830.99-0.04-0.84-0.72-0.96-0.84-0.66-0.84-0.83-0.17-0.63-0.760.8-0.29-0.94-0.86-0.81-0.87-0.94-0.96-0.69
0.880.970.971.0-0.850.20.990.960.86-0.840.890.980.590.410.890.88-0.890.660.930.960.990.660.940.730.93
0.740.950.920.91-0.680.260.860.960.68-0.660.890.840.50.670.990.73-0.770.720.840.770.910.460.850.550.98
0.830.960.970.98-0.840.061.00.930.88-0.840.980.840.540.380.850.88-0.880.70.920.960.970.670.930.730.9
0.620.510.510.58-0.780.250.540.50.69-0.830.590.50.540.060.440.38-0.640.030.720.550.580.860.730.920.47
0.270.520.470.43-0.180.140.40.530.18-0.170.410.670.380.060.650.17-0.330.440.360.20.40.110.370.020.59
0.720.960.930.91-0.650.210.870.970.69-0.630.890.990.850.440.650.75-0.770.820.840.770.910.410.850.520.99
0.710.860.880.88-0.83-0.050.890.840.88-0.760.880.730.880.380.170.75-0.740.650.870.920.870.410.860.640.81
-0.82-0.86-0.84-0.880.78-0.28-0.87-0.85-0.80.8-0.89-0.77-0.88-0.64-0.33-0.77-0.74-0.55-0.85-0.83-0.89-0.72-0.87-0.75-0.81
0.480.780.770.7-0.33-0.030.70.80.47-0.290.660.720.70.030.440.820.65-0.550.560.580.70.070.580.190.81
0.780.920.920.93-0.960.040.930.890.97-0.940.930.840.920.720.360.840.87-0.850.560.90.910.721.00.870.88
0.840.910.920.95-0.870.130.960.880.89-0.860.960.770.960.550.20.770.92-0.830.580.90.950.670.910.750.83
0.880.980.980.99-0.810.260.970.970.83-0.810.990.910.970.580.40.910.87-0.890.70.910.950.630.930.710.94
0.640.560.580.64-0.770.210.650.520.73-0.870.660.460.670.860.110.410.41-0.720.070.720.670.630.730.880.46
0.80.930.930.94-0.950.090.940.910.95-0.940.940.850.930.730.370.850.86-0.870.581.00.910.930.730.870.89
0.680.660.670.72-0.940.030.730.610.89-0.960.730.550.730.920.020.520.64-0.750.190.870.750.710.880.870.58
0.770.980.960.95-0.710.20.910.990.75-0.690.930.980.90.470.590.990.81-0.810.810.880.830.940.460.890.58
Click cells to compare fundamentals

Wayfair Account Relationship Matchups

Wayfair fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding92.2M99.3M104M106M114M92.5M
Total Assets3.0B4.6B4.6B3.6B3.5B2.3B
Other Current Liab444.7M619.2M642M529M504M294.4M
Total Current Liabilities1.6B2.2B2.2B2.1B2.2B1.2B
Total Stockholder Equity(944.2M)(1.2B)(1.6B)(2.6B)(2.7B)(2.6B)
Other Liab160.4M6.9M67.0M28M32.2M56.7M
Property Plant And Equipment Net1.4B1.5B1.5B1.6B1.6B825.5M
Current Deferred Revenue167.6M292.5M299M214M195M144.8M
Net Debt1.7B1.4B2.2B3.1B2.6B2.8B
Retained Earnings(2.1B)(1.9B)(1.9B)(3.3B)(4.0B)(3.8B)
Accounts Payable908.1M1.2B1.2B1.2B1.2B708.2M
Cash582.8M2.1B1.7B1.1B1.3B853.6M
Non Current Assets Total1.6B1.5B1.6B1.6B1.6B877.0M
Non Currrent Assets Other13.5M14.2M19M8M51M53.6M
Other Assets8.4M839.8M35M34M39.1M37.1M
Cash And Short Term Investments987.0M2.6B2.4B1.3B1.4B1.1B
Net Receivables99.7M110.3M226M272M140M91.2M
Short Term Investments404.3M461.7M693M228M29M27.6M
Liabilities And Stockholders Equity3.0B4.6B4.6B3.6B3.5B2.3B
Non Current Liabilities Total2.3B3.6B4.0B4.1B4.0B4.2B
Inventory61.7M52.2M69M90M75M46.1M
Other Current Assets228.7M292.2M318M293M289M183.4M
Other Stockholder Equity1.1B698.5M337M737M1.3B1.4B
Total Liab3.9B5.8B6.2B6.1B6.2B6.5B
Property Plant And Equipment Gross1.4B684.3M1.5B1.6B3.1B3.2B
Total Current Assets1.4B3.0B3.0B1.9B1.9B1.4B
Accumulated Other Comprehensive Income(1.8M)(1.4M)(4.5M)(7M)(5M)(4.8M)
Short Term Debt91.1M97.3M110M125M250M262.5M
Intangible Assets18.4M17.3M16M15M17.3M18.1M
Property Plant Equipment624.5M684.3M1.5B1.6B1.9B1.9B
Net Tangible Assets(963.0M)(1.2B)(1.6B)(2.6B)(2.3B)(2.2B)
Long Term Debt1.5B2.7B3.1B3.1B3.1B1.6B
Common Stock Total Equity88K91K94K73K65.7K68.5K
Retained Earnings Total Equity(2.1B)(1.9B)(1.9B)(3.3B)(3.0B)(2.8B)
Capital Surpluse1.1B698.5M337M737M847.6M652.3M
Non Current Liabilities Other829.5M937.0M920M28M44M41.8M
Common Stock94K100K105K108.6K124.9K102.6K
Short Long Term Debt Total2.3B3.5B3.9B4.2B4.0B2.4B
Long Term Investments155.7M0.08M11M14M13.3M

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When determining whether Wayfair is a strong investment it is important to analyze Wayfair'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 Wayfair's future performance. For an informed investment choice regarding Wayfair Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wayfair. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Wayfair Stock please use our How to Invest in Wayfair guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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Is Wayfair'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 Wayfair. If investors know Wayfair 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 Wayfair 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
(0.55)
Earnings Share
(6.47)
Revenue Per Share
105.289
Quarterly Revenue Growth
0.004
Return On Assets
(0.13)
The market value of Wayfair is measured differently than its book value, which is the value of Wayfair that is recorded on the company's balance sheet. Investors also form their own opinion of Wayfair's value that differs from its market value or its book value, called intrinsic value, which is Wayfair'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 Wayfair's market value can be influenced by many factors that don't directly affect Wayfair'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 Wayfair's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wayfair is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wayfair'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.