Advanced Historical Income Statement

WMS Stock  USD 160.51  3.60  2.29%   
Historical analysis of Advanced Drainage income statement accounts such as Depreciation And Amortization of 88.4 M, Interest Expense of 84.7 M, Selling General Administrative of 410 M or Selling And Marketing Expenses of 7.3 M can show how well Advanced Drainage Systems performed in making a profits. Evaluating Advanced Drainage income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Advanced Drainage's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Advanced Drainage Systems 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 Advanced Drainage Systems is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

About Advanced Income Statement Analysis

Advanced Drainage Systems 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 Advanced Drainage shareholders. The income statement also shows Advanced 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).

Advanced Drainage Income Statement Chart

Advanced Drainage Systems Income Statement is one of the three primary financial statements used for reporting Advanced's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Advanced Drainage Systems revenue and expense. Advanced Drainage Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Advanced Drainage's Net Income is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 181.8 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 7.3 M in 2024.

Total Revenue

Total revenue comprises all receipts Advanced Drainage Systems 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 Advanced Drainage Systems minus its cost of goods sold. It is profit before Advanced Drainage 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.
Most accounts from Advanced Drainage's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Advanced Drainage Systems 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, Advanced Drainage's Net Income is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 181.8 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 7.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit800.4M1.1B1.3B1.4B
Total Revenue2.8B3.1B3.5B3.7B

Advanced Drainage income statement Correlations

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0.240.340.45-0.370.510.510.410.510.520.50.420.330.51-0.220.510.510.460.480.21-0.22-0.310.38
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0.290.290.070.28-0.12-0.210.12-0.38-0.37-0.30.060.35-0.43-0.42-0.47-0.25-0.22-0.47-0.23-0.03-0.430.21
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0.910.810.94-0.780.880.860.920.770.780.820.90.940.74-0.750.720.840.380.720.850.70.21-0.81
Click cells to compare fundamentals

Advanced Drainage Account Relationship Matchups

Advanced Drainage income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization124.9M149.9M145.2M149.5M172.0M88.4M
Interest Expense82.7M35.7M33.6M70.2M80.7M84.7M
Selling General Administrative232.4M267.6M321.1M339.5M390.4M410.0M
Selling And Marketing Expenses117.1M4.1M6M8.5M7.7M7.3M
Total Revenue1.7B2.0B2.8B3.1B3.5B3.7B
Gross Profit316.5M690.1M800.4M1.1B1.3B1.4B
Other Operating Expenses1.8B1.6B2.4B2.3B2.7B1.6B
Operating Income(90.0M)344.5M411.9M719.3M827.2M868.6M
Ebit(90.0M)344.5M411.9M719.3M827.2M868.6M
Ebitda34.9M494.4M557.1M868.9M999.2M1.0B
Cost Of Revenue1.4B1.3B2.0B2.0B2.2B1.3B
Total Operating Expenses406.5M341.3M385.1M394.7M453.9M264.7M
Income Before Tax(179.6M)312.3M383.5M657.1M755.7M793.4M
Total Other Income Expense Net(89.6M)(32.3M)(28.4M)(62.2M)(56.0M)(53.2M)
Net Income(193.7M)224.2M271.3M507.1M583.1M612.3M
Income Tax Expense14.1M86.4M110.1M150.6M173.2M181.8M
Net Income Applicable To Common Shares(193.2M)224.2M271.3M507.1M583.1M612.3M
Minority Interest1.4M1.9M3.7M4.3M4.9M5.2M
Net Income From Continuing Ops(193.7M)225.9M273.4M506.5M582.5M611.6M
Tax Provision14.1M86.4M110.1M150.6M173.2M181.8M
Non Operating Income Net Other355K3.6M6.7M12.8M14.7M15.5M
Interest Income85.3M35.7M33.6M9.8M11.2M10.7M
Net Interest Income(82.7M)(35.7M)(33.6M)(70.2M)(63.2M)(60.0M)
Reconciled Depreciation124.9M145.6M141.8M145.1M166.9M129.1M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Advanced Drainage Systems is a strong investment it is important to analyze Advanced Drainage'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 Advanced Drainage's future performance. For an informed investment choice regarding Advanced 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 Advanced Drainage Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
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 Advanced Drainage's price analysis, check to measure Advanced Drainage'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 Advanced Drainage is operating at the current time. Most of Advanced Drainage's value examination focuses on studying past and present price action to predict the probability of Advanced Drainage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Drainage's price. Additionally, you may evaluate how the addition of Advanced Drainage to your portfolios can decrease your overall portfolio volatility.
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Is Advanced Drainage'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 Advanced Drainage. If investors know Advanced 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 Advanced Drainage 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
0.354
Dividend Share
0.54
Earnings Share
6.29
Revenue Per Share
35.932
Quarterly Revenue Growth
0.011
The market value of Advanced Drainage Systems is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Drainage's value that differs from its market value or its book value, called intrinsic value, which is Advanced Drainage'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 Advanced Drainage's market value can be influenced by many factors that don't directly affect Advanced Drainage'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 Advanced Drainage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Drainage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Drainage'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.