Axos Historical Income Statement

AX Stock  USD 60.61  0.90  1.46%   
Historical analysis of Axos Financial income statement accounts such as Total Revenue of 1.1 B or Gross Profit of 1.1 B can show how well Axos Financial performed in making a profits. Evaluating Axos Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Axos Financial's future profits or losses.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Axos Financial 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 Axos Financial is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.

About Axos Income Statement Analysis

Axos Financial 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 Axos Financial shareholders. The income statement also shows Axos 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).

Axos Financial Income Statement Chart

Axos Financial Income Statement is one of the three primary financial statements used for reporting Axos's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Axos Financial revenue and expense. Axos Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Axos Financial's Depreciation And Amortization is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 323.2 M in 2024, despite the fact that Other Operating Expenses is likely to grow to (392 M).

Total Revenue

Total revenue comprises all receipts Axos Financial 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 Axos Financial minus its cost of goods sold. It is profit before Axos Financial 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 Axos Financial 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 Axos Financial 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 Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.
Most accounts from Axos Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Axos Financial 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 Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.At this time, Axos Financial's Depreciation And Amortization is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 323.2 M in 2024, despite the fact that Other Operating Expenses is likely to grow to (392 M).
 2021 2022 2023 2024 (projected)
Total Revenue705.3M890.2M1.0B1.1B
Interest Expense52.6M374.0M430.1M451.6M

Axos Financial income statement Correlations

0.880.88-0.790.80.80.8-0.860.870.840.880.810.570.80.980.710.890.730.770.960.470.77
0.881.0-0.750.950.950.96-0.820.990.791.00.940.860.980.940.911.00.830.890.960.760.65
0.881.0-0.750.950.950.96-0.820.990.791.00.940.860.980.940.911.00.830.890.960.760.65
-0.79-0.75-0.75-0.53-0.53-0.550.93-0.73-0.98-0.75-0.65-0.62-0.68-0.79-0.56-0.76-0.67-0.73-0.81-0.65-0.56
0.80.950.95-0.531.01.0-0.670.960.580.950.950.780.930.870.930.930.790.810.860.620.57
0.80.950.95-0.531.01.0-0.670.960.580.950.950.780.930.870.930.930.790.810.860.620.57
0.80.960.96-0.551.01.0-0.680.960.60.960.950.810.950.870.940.940.790.820.870.650.56
-0.86-0.82-0.820.93-0.67-0.67-0.68-0.78-0.92-0.81-0.69-0.66-0.77-0.86-0.73-0.82-0.66-0.78-0.86-0.66-0.56
0.870.990.99-0.730.960.960.96-0.780.771.00.970.830.960.940.90.990.860.870.940.710.65
0.840.790.79-0.980.580.580.6-0.920.770.790.690.640.720.840.580.810.680.730.870.640.67
0.881.01.0-0.750.950.950.96-0.811.00.790.950.850.970.950.91.00.840.890.960.740.65
0.810.940.94-0.650.950.950.95-0.690.970.690.950.730.890.880.850.930.870.790.860.590.6
0.570.860.86-0.620.780.780.81-0.660.830.640.850.730.930.680.840.850.650.830.750.930.4
0.80.980.98-0.680.930.930.95-0.770.960.720.970.890.930.870.950.970.770.890.910.850.56
0.980.940.94-0.790.870.870.87-0.860.940.840.950.880.680.870.80.950.80.830.990.560.75
0.710.910.91-0.560.930.930.94-0.730.90.580.90.850.840.950.80.890.690.810.810.780.46
0.891.01.0-0.760.930.930.94-0.820.990.811.00.930.850.970.950.890.840.890.970.740.67
0.730.830.83-0.670.790.790.79-0.660.860.680.840.870.650.770.80.690.840.890.80.540.63
0.770.890.89-0.730.810.810.82-0.780.870.730.890.790.830.890.830.810.890.890.860.770.59
0.960.960.96-0.810.860.860.87-0.860.940.870.960.860.750.910.990.810.970.80.860.650.74
0.470.760.76-0.650.620.620.65-0.660.710.640.740.590.930.850.560.780.740.540.770.650.31
0.770.650.65-0.560.570.570.56-0.560.650.670.650.60.40.560.750.460.670.630.590.740.31
Click cells to compare fundamentals

Axos Financial Account Relationship Matchups

Axos Financial income statement Accounts

201920202021202220232024 (projected)
Interest Expense145.2M79.1M52.6M374.0M430.1M451.6M
Total Revenue572.4M632.9M705.3M890.2M1.0B1.1B
Gross Profit572.4M632.9M705.3M890.2M1.0B1.1B
Other Operating Expenses(309.8M)(327.1M)56.7M(458.4M)(412.6M)(392.0M)
Operating Income262.6M305.7M392.5M431.7M496.5M521.3M
Ebit262.6M305.7M392.5M431.7M496.5M521.3M
Ebitda280.8M340.5M428.0M455.1M523.4M549.6M
Total Operating Expenses(309.8M)(327.1M)56.7M(458.4M)(412.6M)(392.0M)
Income Before Tax262.6M305.7M340.0M431.7M496.5M521.3M
Total Other Income Expense Net262.6M305.7M(52.6M)431.7M496.5M521.3M
Net Income183.4M215.7M240.7M307.2M353.2M370.9M
Income Tax Expense79.2M90.0M99.2M124.6M143.3M150.4M
Depreciation And Amortization18.1M34.7M35.5M23.4M26.9M28.2M
Selling General Administrative205.4M229.4M272.5M267.7M307.8M323.2M
Selling And Marketing Expenses14.5M14.2M13.6M37.2M42.7M44.9M
Net Income Applicable To Common Shares183.1M215.5M240.7M307.2M353.2M370.9M
Net Income From Continuing Ops183.4M215.7M240.7M307.2M353.2M370.9M
Tax Provision79.2M90.0M99.2M124.6M143.3M95.3M
Net Interest Income477.6M538.7M607.2M783.1M900.6M483.6M
Interest Income622.8M617.9M659.7M1.2B1.3B1.4B
Reconciled Depreciation35.0M34.7M35.5M23.4M26.9M25.1M

Also Currently Popular

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 Axos Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axos Financial'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 Axos Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axos Financial Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Axos Stock analysis

When running Axos Financial's price analysis, check to measure Axos Financial'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 Axos Financial is operating at the current time. Most of Axos Financial's value examination focuses on studying past and present price action to predict the probability of Axos Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axos Financial's price. Additionally, you may evaluate how the addition of Axos Financial to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Commodity Directory
Find actively traded commodities issued by global exchanges
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Transaction History
View history of all your transactions and understand their impact on performance
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Is Axos Financial'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 Axos Financial. If investors know Axos 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 Axos Financial 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
0.447
Earnings Share
7.32
Revenue Per Share
17.291
Quarterly Revenue Growth
0.279
Return On Assets
0.0204
The market value of Axos Financial is measured differently than its book value, which is the value of Axos that is recorded on the company's balance sheet. Investors also form their own opinion of Axos Financial's value that differs from its market value or its book value, called intrinsic value, which is Axos Financial'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 Axos Financial's market value can be influenced by many factors that don't directly affect Axos Financial'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 Axos Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axos Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axos Financial'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.