Leonardo Historical Income Statement
| DRS Stock | 23.88 0.31 1.28% |
Historical analysis of Leonardo DRS income statement accounts such as Total Revenue of 2.2 B or Gross Profit of 429.7 M can show how well Leonardo DRS Common performed in making a profits. Evaluating Leonardo DRS income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Leonardo DRS's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Leonardo DRS Common 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 Leonardo DRS Common is a good buy for the upcoming year.
Leonardo |
About Leonardo Income Statement Analysis
Leonardo DRS Common 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 Leonardo DRS shareholders. The income statement also shows Leonardo 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).
Leonardo DRS Income Statement Chart
Leonardo DRS Common Income Statement is one of the three primary financial statements used for reporting Leonardo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Leonardo DRS Common revenue and expense. Leonardo DRS Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Leonardo DRS's Income Tax Expense is comparatively stable compared to the past year. Add Fundamental
Total Revenue
Total revenue comprises all receipts Leonardo DRS Common 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 Leonardo DRS Common minus its cost of goods sold. It is profit before Leonardo DRS 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.Cost Of Revenue
Cost of Revenue is found on Leonardo DRS Common income statement and represents the costs associated with goods and services Leonardo DRS provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Leonardo DRS's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Leonardo DRS Common 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Leonardo DRS Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Leonardo DRS's Income Tax Expense is comparatively stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 547M | 575M | 626M | 429.7M | Total Revenue | 2.9B | 2.7B | 2.8B | 2.2B |
Leonardo DRS income statement Correlations
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Leonardo DRS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Leonardo DRS income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Income | 132K | 159K | 60K | 34M | 39.1M | 41.1M | |
| Selling General Administrative | 277M | 283M | 293M | 357M | 384M | 257.2M | |
| Total Revenue | 2.7B | 2.8B | 2.9B | 2.7B | 2.8B | 2.2B | |
| Gross Profit | 459M | 494M | 547M | 575M | 626M | 429.7M | |
| Operating Income | 163M | 181M | 236M | 561M | 249M | 197.1M | |
| Cost Of Revenue | 2.3B | 2.3B | 2.3B | 2.1B | 2.2B | 1.8B | |
| Income Before Tax | 95M | 112M | 200M | 525M | 192M | 151.8M | |
| Net Income Applicable To Common Shares | 75M | 85M | 154M | 405M | 465.8M | 489.0M | |
| Net Income | 75M | 85M | 154M | 405M | 168M | 120.2M | |
| Tax Provision | 20M | 27M | (4.9M) | 120M | 16M | 31.4M | |
| Net Interest Income | (65M) | (64M) | (35M) | (34M) | (39.1M) | (41.1M) | |
| Interest Expense | 65M | 64M | 35M | 34M | 36M | 38.9M | |
| Other Operating Expenses | 2.6B | 2.6B | 2.6B | 2.1B | 2.6B | 2.7B | |
| Net Income From Continuing Ops | 75M | 85M | 154M | 405M | 159M | 159.1M | |
| Ebit | 163M | 181M | 236M | 561M | 249M | 262.4M | |
| Ebitda | 211M | 229M | 293M | 624M | 334M | 341M | |
| Total Operating Expenses | 296M | 313M | 311M | 14M | 377M | 224M | |
| Income Tax Expense | 20M | 27M | 46M | 120M | 24M | 42.2M |
Pair Trading with Leonardo DRS
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 Leonardo DRS 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 Leonardo DRS will appreciate offsetting losses from the drop in the long position's value.Moving against Leonardo Stock
| 0.43 | EVTL | Vertical Aerospace | PairCorr |
The ability to find closely correlated positions to Leonardo DRS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Leonardo DRS 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 Leonardo DRS - 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 Leonardo DRS Common to buy it.
The correlation of Leonardo DRS 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 Leonardo DRS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Leonardo DRS Common 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 Leonardo DRS 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Leonardo DRS Common. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Leonardo Stock analysis
When running Leonardo DRS's price analysis, check to measure Leonardo DRS'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 Leonardo DRS is operating at the current time. Most of Leonardo DRS's value examination focuses on studying past and present price action to predict the probability of Leonardo DRS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leonardo DRS's price. Additionally, you may evaluate how the addition of Leonardo DRS to your portfolios can decrease your overall portfolio volatility.
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Is Leonardo DRS'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 Leonardo DRS. If investors know Leonardo 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 Leonardo DRS 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 1.383 | Earnings Share 0.7 | Revenue Per Share 11.232 | Quarterly Revenue Growth 0.209 | Return On Assets 0.0436 |
The market value of Leonardo DRS Common is measured differently than its book value, which is the value of Leonardo that is recorded on the company's balance sheet. Investors also form their own opinion of Leonardo DRS's value that differs from its market value or its book value, called intrinsic value, which is Leonardo DRS'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 Leonardo DRS's market value can be influenced by many factors that don't directly affect Leonardo DRS'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 Leonardo DRS's value and its price as these two are different measures arrived at by different means. Investors typically determine if Leonardo DRS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leonardo DRS'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.