Axa Historical Income Statement
| EQH Stock | USD 36.89 0.24 0.65% |
Historical analysis of Axa Equitable income statement accounts such as Selling General Administrative of 2.4 B or Total Revenue of 9.3 B can show how well Axa Equitable Holdings performed in making a profits. Evaluating Axa Equitable income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Axa Equitable's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Axa Equitable Holdings 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 Axa Equitable Holdings is a good buy for the upcoming year.
Axa |
About Axa Income Statement Analysis
Axa Equitable Holdings 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 Axa Equitable shareholders. The income statement also shows Axa 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).
Axa Equitable Income Statement Chart
Axa Equitable Holdings Income Statement is one of the three primary financial statements used for reporting Axa's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Axa Equitable Holdings revenue and expense. Axa Equitable Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Axa Equitable's Operating Income is decreasing as compared to previous years. The Axa Equitable's current Net Income From Continuing Ops is estimated to increase to about 2.1 B, while Depreciation And Amortization is projected to decrease to under 565.3 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Axa Equitable Holdings 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 Axa Equitable Holdings minus its cost of goods sold. It is profit before Axa Equitable 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Axa Equitable Holdings. It is also known as Axa Equitable overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Axa Equitable Holdings 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 Axa Equitable Holdings 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 Axa Equitable's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Axa Equitable Holdings 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 Axa Equitable Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. As of now, Axa Equitable's Operating Income is decreasing as compared to previous years. The Axa Equitable's current Net Income From Continuing Ops is estimated to increase to about 2.1 B, while Depreciation And Amortization is projected to decrease to under 565.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.6B | 10.4B | 6.3B | 7.5B | Total Revenue | 11.0B | 12.6B | 10.5B | 9.3B |
Axa Equitable income statement Correlations
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Axa Equitable Account Relationship Matchups
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Axa Equitable income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 657M | 1.8B | 497M | 814M | 768.0M | 565.3M | |
| Interest Expense | 221M | 200M | 244M | 201M | 228M | 174.7M | |
| Selling General Administrative | 2.1B | 2.1B | 2.4B | 2.2B | 2.3B | 2.4B | |
| Total Revenue | 9.6B | 12.4B | 11.0B | 12.6B | 10.5B | 9.3B | |
| Gross Profit | 5.6B | 8.6B | 6.6B | 10.4B | 6.3B | 7.5B | |
| Other Operating Expenses | 11.6B | 13.5B | 11.2B | 9.7B | 4.2B | 8.1B | |
| Operating Income | (2.9B) | (2.0B) | (1.4B) | 2.5B | 2.2B | 2.3B | |
| Net Income From Continuing Ops | (1.4B) | (349M) | (24M) | 2.0B | 2.0B | 2.1B | |
| Ebit | (2.9B) | (2.0B) | (1.4B) | 2.5B | 2.2B | 2.3B | |
| Ebitda | (2.2B) | (211M) | (882M) | 3.3B | 2.2B | 2.3B | |
| Cost Of Revenue | 4.0B | 3.8B | 4.5B | 2.2B | 4.2B | 3.9B | |
| Total Operating Expenses | (12.5B) | (14.4B) | (12.4B) | (8.0B) | 10.3B | 10.8B | |
| Income Before Tax | (2.0B) | (1.1B) | (169M) | 3.0B | 738M | 720M | |
| Total Other Income Expense Net | 851M | 875M | 1.2B | 507M | (1.5B) | (1.4B) | |
| Net Income Applicable To Common Shares | (1.8B) | (701M) | (518M) | 1.7B | 1.5B | 1.6B | |
| Net Income | (1.4B) | (349M) | (24M) | 2.2B | 1.3B | 1.4B | |
| Income Tax Expense | (599M) | (744M) | (145M) | 598M | 905M | 950.3M | |
| Minority Interest | 2.0B | 299M | (415M) | (241M) | (308M) | (292.6M) | |
| Tax Provision | (599M) | (744M) | (145M) | 499M | (756M) | (718.2M) | |
| Interest Income | 4.2B | 1.9B | 4.7B | 1.5B | 1.7B | 2.3B | |
| Net Interest Income | (221M) | (200M) | (244M) | (201M) | (224M) | (235.2M) | |
| Reconciled Depreciation | 657M | 1.8B | 497M | 814M | 999M | 766.4M |
Axa Equitable Investors Sentiment
The influence of Axa Equitable's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Axa. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Axa Equitable's public news can be used to forecast risks associated with an investment in Axa. The trend in average sentiment can be used to explain how an investor holding Axa can time the market purely based on public headlines and social activities around Axa Equitable Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Axa Equitable's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Axa Equitable's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Axa Equitable's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Axa Equitable.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Axa Equitable in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Axa Equitable's short interest history, or implied volatility extrapolated from Axa Equitable options trading.
Pair Trading with Axa Equitable
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 Axa Equitable 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 Axa Equitable will appreciate offsetting losses from the drop in the long position's value.Moving together with Axa Stock
| 0.85 | FIHL | Fidelis Insurance Report 28th of June 2024 | PairCorr |
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Moving against Axa Stock
| 0.75 | GSHD | Goosehead Insurance Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Axa Equitable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axa Equitable 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 Axa Equitable - 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 Axa Equitable Holdings to buy it.
The correlation of Axa Equitable 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 Axa Equitable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axa Equitable Holdings 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 Axa Equitable 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 Axa Equitable Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Axa Stock analysis
When running Axa Equitable's price analysis, check to measure Axa Equitable'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 Axa Equitable is operating at the current time. Most of Axa Equitable's value examination focuses on studying past and present price action to predict the probability of Axa Equitable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axa Equitable's price. Additionally, you may evaluate how the addition of Axa Equitable to your portfolios can decrease your overall portfolio volatility.
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Is Axa Equitable'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 Axa Equitable. If investors know Axa 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 Axa Equitable 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 0.961 | Dividend Share 0.88 | Earnings Share 3.48 | Revenue Per Share 30.037 | Quarterly Revenue Growth (0.01) |
The market value of Axa Equitable Holdings is measured differently than its book value, which is the value of Axa that is recorded on the company's balance sheet. Investors also form their own opinion of Axa Equitable's value that differs from its market value or its book value, called intrinsic value, which is Axa Equitable'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 Axa Equitable's market value can be influenced by many factors that don't directly affect Axa Equitable'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 Axa Equitable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axa Equitable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axa Equitable'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.