Altice Historical Income Statement

ATUS Stock

USD 1.95 0.03 1.52%

Historical analysis of Altice USA income statement accounts such as Selling General Administrative of 1.8 B, Total Revenue of 7.7 B or Gross Profit of 4.5 B can show how well Altice USA performed in making a profits. Evaluating Altice USA income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Altice USA's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Altice USA 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 Altice USA is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altice USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.

About Altice Income Statement Analysis

Altice USA 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 Altice USA shareholders. The income statement also shows Altice 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).

Altice USA Income Statement Chart

Altice USA Income Statement is one of the three primary financial statements used for reporting Altice's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Altice USA revenue and expense. Altice USA Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Altice USA's Reconciled Depreciation is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 55.3 M in 2024, whereas Total Revenue is likely to drop slightly above 7.7 B in 2024.

Selling General Administrative Total Revenue Gross Profit Operating Income Selling And Marketing Expenses

Total Revenue

Total revenue comprises all receipts Altice USA 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 Altice USA minus its cost of goods sold. It is profit before Altice USA 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 Altice USA 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 Altice USA 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 Altice USA's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Altice USA 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 Altice USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.At this time, Altice USA's Reconciled Depreciation is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 55.3 M in 2024, whereas Total Revenue is likely to drop slightly above 7.7 B in 2024.

	2020	2021	2023	2024 (projected)
Gross Profit	6.7B	6.4B	4.6B	4.5B
Total Revenue	10.1B	9.6B	9.2B	7.7B

Gross Profit Total Revenue

Altice USA income statement Correlations

	Selling General Administrative	Total Revenue	Gross Profit	Operating Income	Cost Of Revenue	Income Before Tax	Net Income	Income Tax Expense	Minority Interest	Depreciation And Amortization	Selling And Marketing Expenses	Other Operating Expenses	Ebit	Ebitda	Total Operating Expenses	Total Other Income Expense Net	Discontinued Operations	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Non Operating Income Net Other	Extraordinary Items
Selling General Administrative		0.93	0.87	0.77	0.59	0.0	0.27	-0.16	-0.45	0.78	0.91	0.9	0.79	0.9	0.75	-0.3	-0.77	0.26	0.02	-0.11	-0.86	-0.79	0.8	-0.2
Total Revenue	0.93		0.95	0.89	0.59	0.15	0.42	-0.13	-0.47	0.78	0.86	0.92	0.86	0.93	0.79	-0.33	-0.73	0.39	0.02	-0.03	-0.8	-0.71	0.75	-0.07
Gross Profit	0.87	0.95		0.79	0.32	0.05	0.39	-0.19	-0.37	0.85	0.8	0.9	0.79	0.94	0.91	-0.18	-0.76	0.38	-0.03	0.07	-0.73	-0.6	0.67	0.05
Operating Income	0.77	0.89	0.79		0.67	0.52	0.28	0.27	-0.47	0.45	0.71	0.7	0.93	0.77	0.5	-0.43	-0.54	0.22	0.38	0.1	-0.66	-0.74	0.77	-0.1
Cost Of Revenue	0.59	0.59	0.32	0.67		0.33	0.28	0.11	-0.49	0.18	0.55	0.48	0.58	0.42	0.06	-0.55	-0.26	0.22	0.16	-0.29	-0.55	-0.61	0.58	-0.37
Income Before Tax	0.0	0.15	0.05	0.52	0.33		0.08	0.77	0.12	-0.39	0.18	0.0	0.52	0.05	-0.2	-0.26	0.16	0.08	0.72	0.4	-0.11	-0.38	0.37	-0.01
Net Income	0.27	0.42	0.39	0.28	0.28	0.08		-0.57	0.04	0.38	0.26	0.48	0.26	0.37	0.39	-0.18	-0.08	0.76	-0.59	-0.05	-0.38	0.01	-0.02	0.16
Income Tax Expense	-0.16	-0.13	-0.19	0.27	0.11	0.77	-0.57		0.03	-0.57	-0.02	-0.31	0.26	-0.2	-0.42	-0.08	0.19	-0.42	0.97	0.38	0.17	-0.3	0.3	-0.07
Minority Interest	-0.45	-0.47	-0.37	-0.47	-0.49	0.12	0.04	0.03		-0.25	-0.29	-0.3	-0.24	-0.28	-0.21	0.1	0.38	0.09	-0.03	0.2	0.34	0.34	-0.32	0.29
Depreciation And Amortization	0.78	0.78	0.85	0.45	0.18	-0.39	0.38	-0.57	-0.25		0.67	0.89	0.53	0.89	0.93	-0.21	-0.77	0.31	-0.38	-0.31	-0.67	-0.44	0.5	-0.12
Selling And Marketing Expenses	0.91	0.86	0.8	0.71	0.55	0.18	0.26	-0.02	-0.29	0.67		0.89	0.79	0.83	0.73	-0.31	-0.66	0.38	0.15	-0.03	-0.88	-0.86	0.89	-0.25
Other Operating Expenses	0.9	0.92	0.9	0.7	0.48	0.0	0.48	-0.31	-0.3	0.89	0.89		0.78	0.95	0.89	-0.36	-0.75	0.45	-0.14	-0.23	-0.87	-0.72	0.76	-0.25
Ebit	0.79	0.86	0.79	0.93	0.58	0.52	0.26	0.26	-0.24	0.53	0.79	0.78		0.86	0.58	-0.48	-0.62	0.19	0.41	0.04	-0.76	-0.84	0.86	-0.21
Ebitda	0.9	0.93	0.94	0.77	0.42	0.05	0.37	-0.2	-0.28	0.89	0.83	0.95	0.86		0.88	-0.39	-0.79	0.29	-0.01	-0.17	-0.82	-0.72	0.77	-0.19
Total Operating Expenses	0.75	0.79	0.91	0.5	0.06	-0.2	0.39	-0.42	-0.21	0.93	0.73	0.89	0.58	0.88		-0.08	-0.75	0.4	-0.25	-0.06	-0.68	-0.48	0.54	-0.02
Total Other Income Expense Net	-0.3	-0.33	-0.18	-0.43	-0.55	-0.26	-0.18	-0.08	0.1	-0.21	-0.31	-0.36	-0.48	-0.39	-0.08		0.22	-0.21	-0.14	0.42	0.57	0.57	-0.52	0.63
Discontinued Operations	-0.77	-0.73	-0.76	-0.54	-0.26	0.16	-0.08	0.19	0.38	-0.77	-0.66	-0.75	-0.62	-0.79	-0.75	0.22		-0.07	0.01	0.13	0.66	0.59	-0.62	0.19
Net Income From Continuing Ops	0.26	0.39	0.38	0.22	0.22	0.08	0.76	-0.42	0.09	0.31	0.38	0.45	0.19	0.29	0.4	-0.21	-0.07		-0.42	0.24	-0.44	-0.13	0.11	0.18
Tax Provision	0.02	0.02	-0.03	0.38	0.16	0.72	-0.59	0.97	-0.03	-0.38	0.15	-0.14	0.41	-0.01	-0.25	-0.14	0.01	-0.42		0.33	0.0	-0.47	0.48	-0.15
Net Interest Income	-0.11	-0.03	0.07	0.1	-0.29	0.4	-0.05	0.38	0.2	-0.31	-0.03	-0.23	0.04	-0.17	-0.06	0.42	0.13	0.24	0.33		0.17	0.11	-0.12	0.71
Interest Income	-0.86	-0.8	-0.73	-0.66	-0.55	-0.11	-0.38	0.17	0.34	-0.67	-0.88	-0.87	-0.76	-0.82	-0.68	0.57	0.66	-0.44	0.0	0.17		0.86	-0.83	0.46
Reconciled Depreciation	-0.79	-0.71	-0.6	-0.74	-0.61	-0.38	0.01	-0.3	0.34	-0.44	-0.86	-0.72	-0.84	-0.72	-0.48	0.57	0.59	-0.13	-0.47	0.11	0.86		-0.98	0.56
Non Operating Income Net Other	0.8	0.75	0.67	0.77	0.58	0.37	-0.02	0.3	-0.32	0.5	0.89	0.76	0.86	0.77	0.54	-0.52	-0.62	0.11	0.48	-0.12	-0.83	-0.98		-0.49
Extraordinary Items	-0.2	-0.07	0.05	-0.1	-0.37	-0.01	0.16	-0.07	0.29	-0.12	-0.25	-0.25	-0.21	-0.19	-0.02	0.63	0.19	0.18	-0.15	0.71	0.46	0.56	-0.49

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Altice USA Account Relationship Matchups

Altice USA income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	1.6B	1.4B	1.3B	1.3B	1.6B	1.7B
Selling General Administrative	2.1B	2.0B	2.1B	2.4B	2.4B	1.8B
Total Revenue	9.6B	9.9B	10.1B	9.6B	9.2B	7.7B
Gross Profit	6.4B	6.6B	6.7B	6.4B	4.6B	4.5B
Operating Income	1.7B	2.1B	2.5B	1.8B	1.9B	1.2B
Cost Of Revenue	3.2B	3.3B	3.4B	3.2B	4.7B	3.2B
Income Before Tax	(18.1M)	583.2M	1.3B	516.7M	118.6M	235.8M
Net Income Applicable To Common Shares	138.9M	436.2M	990.3M	194.6M	223.7M	338.7M
Net Income	18.8M	436.2M	990.3M	194.6M	53.2M	50.5M
Income Tax Expense	(38.7M)	139.7M	295.0M	295.8M	39.5M	41.5M
Minority Interest	9.3M	7.3M	20.6M	(26.3M)	(25.8M)	(24.5M)
Depreciation And Amortization	2.2B	1.8B	1.9B	1.8B	1.7B	1.8B
Selling And Marketing Expenses	233.3M	213.5M	274.6M	299.6M	253.8M	228.3M
Other Operating Expenses	7.8B	7.7B	7.5B	7.7B	7.3B	7.5B
Ebit	2.1B	2.5B	1.8B	1.9B	1.9B	1.6B
Ebitda	4.1B	4.3B	4.3B	3.7B	3.6B	3.4B
Total Operating Expenses	4.7B	4.3B	4.2B	4.5B	2.6B	3.9B
Total Other Income Expense Net	(1.5B)	(1.2B)	(1.3B)	(84.5M)	(1.8B)	(1.7B)
Net Income From Continuing Ops	139.9M	723.0M	1.6B	220.9M	79.0M	75.1M
Tax Provision	47.2M	139.7M	295.0M	295.8M	39.5M	41.5M
Net Interest Income	(1.5B)	(1.4B)	(1.3B)	(1.3B)	(1.6B)	(1.7B)
Interest Income	10.9M	5.7M	2.2M	160K	144K	136.8K
Reconciled Depreciation	2.3B	2.1B	1.8B	1.8B	1.6B	1.7B
Non Operating Income Net Other	(100.1M)	(179.5M)	48.0M	45.8M	52.6M	55.3M

Pair Trading with Altice USA

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 Altice USA 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 Altice USA will appreciate offsetting losses from the drop in the long position's value.

Moving together with Altice Stock

0.71

DRCT

Direct Digital Holdings Financial Report 9th of May 2024

Pair Corr

Moving against Altice Stock

0.75	WPP	WPP PLC ADR	Pair Corr
0.52	GCI	Gannett Trending	Pair Corr
0.5	STGW	Stagwell Financial Report 14th of May 2024	Pair Corr

The ability to find closely correlated positions to Altice USA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altice USA 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 Altice USA - 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 Altice USA to buy it.

The correlation of Altice USA 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 Altice USA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altice USA 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 Altice USA 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.

Pair Correlation Correlation Matching

When determining whether Altice USA is a strong investment it is important to analyze Altice USA'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 Altice USA's future performance. For an informed investment choice regarding Altice Stock, refer to the following important reports:

How To Invest In Altice

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Is Altice Stock a good investment?

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What is Altice USA's Net Worth?

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For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.

You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Altice USA's price analysis, check to measure Altice USA'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 Altice USA is operating at the current time. Most of Altice USA's value examination focuses on studying past and present price action to predict the probability of Altice USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altice USA's price. Additionally, you may evaluate how the addition of Altice USA to your portfolios can decrease your overall portfolio volatility.

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Is Altice USA'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 Altice USA. If investors know Altice 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 Altice USA 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

(0.22)

Earnings Share

0.12

Revenue Per Share

20.314

Quarterly Revenue Growth

(0.03)

Return On Assets

0.0365

The market value of Altice USA is measured differently than its book value, which is the value of Altice that is recorded on the company's balance sheet. Investors also form their own opinion of Altice USA's value that differs from its market value or its book value, called intrinsic value, which is Altice USA'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 Altice USA's market value can be influenced by many factors that don't directly affect Altice USA'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 Altice USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altice USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altice USA'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.

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Altice Historical Income Statement

About Altice Income Statement Analysis

Altice USA Income Statement Chart

Total Revenue

Gross Profit

Operating Income

Altice USA income statement Correlations

Altice USA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Altice USA income statement Accounts

Pair Trading with Altice USA

Moving together with Altice Stock

Moving against Altice Stock

Complementary Tools for Altice Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Tax Provision	+ 0.97	Income Tax Expense
Gross Profit	+ 0.95	Total Revenue
Ebitda	+ 0.95	Other Operating Expenses
Ebitda	+ 0.94	Gross Profit
Total Revenue	+ 0.93	Selling General Administrative
Ebitda	+ 0.93	Total Revenue

Non Operating Income Net Other	- 0.98	Reconciled Depreciation
Interest Income	- 0.88	Selling And Marketing Expenses
Interest Income	- 0.87	Other Operating Expenses
Reconciled Depreciation	- 0.86	Selling And Marketing Expenses
Interest Income	- 0.86	Selling General Administrative
Reconciled Depreciation	- 0.84	Ebit