Haverty Historical Income Statement

HVT Stock  USD 26.75  0.05  0.19%   
Historical analysis of Haverty Furniture income statement accounts such as Total Revenue of 664.2 M or Gross Profit of 344.5 M can show how well Haverty Furniture Companies performed in making a profits. Evaluating Haverty Furniture income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Haverty Furniture's future profits or losses.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Haverty Furniture 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 Haverty Furniture is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haverty Furniture Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

About Haverty Income Statement Analysis

Haverty Furniture 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 Haverty Furniture shareholders. The income statement also shows Haverty 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).

Haverty Furniture Income Statement Chart

At this time, Haverty Furniture's Selling And Marketing Expenses is comparatively stable compared to the past year. Interest Income is likely to gain to about 4.9 M in 2024, whereas Gross Profit is likely to drop slightly above 344.5 M in 2024.

Total Revenue

Total revenue comprises all receipts Haverty Furniture 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 Haverty Furniture Companies minus its cost of goods sold. It is profit before Haverty Furniture 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 Haverty Furniture. It is also known as Haverty Furniture 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 Haverty Furniture 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 Haverty Furniture Companies 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 Haverty Furniture's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Haverty Furniture 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Haverty Furniture Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At this time, Haverty Furniture's Selling And Marketing Expenses is comparatively stable compared to the past year. Interest Income is likely to gain to about 4.9 M in 2024, whereas Gross Profit is likely to drop slightly above 344.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit574.6M604.2M504.5M344.5M
Total Revenue1.0B1.0B862.1M664.2M

Haverty Furniture income statement Correlations

0.660.560.50.63-0.040.010.20.640.62-0.08-0.21-0.160.180.71-0.740.25-0.19-0.39-0.23-0.06-0.230.31
0.660.40.360.440.150.170.30.440.430.06-0.34-0.020.210.53-0.390.46-0.06-0.440.010.520.220.09
0.560.40.990.990.70.730.820.990.980.66-0.170.620.620.95-0.810.550.620.10.37-0.230.28-0.45
0.50.360.990.980.730.760.840.970.980.7-0.130.660.650.92-0.770.520.680.140.4-0.230.32-0.5
0.630.440.990.980.610.650.760.991.00.57-0.170.530.550.97-0.870.520.530.060.28-0.210.26-0.39
-0.040.150.70.730.611.00.970.630.580.96-0.080.930.770.52-0.260.610.920.320.74-0.080.52-0.71
0.010.170.730.760.651.00.980.670.630.96-0.080.930.770.57-0.310.610.920.320.73-0.080.52-0.71
0.20.30.820.840.760.970.980.780.730.93-0.120.880.790.69-0.450.650.860.240.67-0.080.48-0.63
0.640.440.990.970.990.630.670.780.980.58-0.220.530.560.96-0.870.560.520.020.3-0.230.21-0.36
0.620.430.980.981.00.580.630.730.980.56-0.130.530.530.97-0.860.480.530.080.26-0.20.29-0.41
-0.080.060.660.70.570.960.960.930.580.560.190.980.770.51-0.250.480.960.380.72-0.140.57-0.8
-0.21-0.34-0.17-0.13-0.17-0.08-0.08-0.12-0.22-0.130.190.210.07-0.10.11-0.440.210.18-0.02-0.260.17-0.34
-0.16-0.020.620.660.530.930.930.880.530.530.980.210.620.46-0.240.450.990.480.69-0.140.63-0.85
0.180.210.620.650.550.770.770.790.560.530.770.070.620.5-0.220.40.64-0.010.6-0.220.16-0.37
0.710.530.950.920.970.520.570.690.960.970.51-0.10.460.5-0.880.560.440.030.15-0.150.31-0.38
-0.74-0.39-0.81-0.77-0.87-0.26-0.31-0.45-0.87-0.86-0.250.11-0.24-0.22-0.88-0.26-0.20.03-0.030.15-0.080.15
0.250.460.550.520.520.610.610.650.560.480.48-0.440.450.40.56-0.260.380.180.220.030.41-0.41
-0.19-0.060.620.680.530.920.920.860.520.530.960.210.990.640.44-0.20.380.470.69-0.170.6-0.83
-0.39-0.440.10.140.060.320.320.240.020.080.380.180.48-0.010.030.030.180.470.05-0.130.53-0.61
-0.230.010.370.40.280.740.730.670.30.260.72-0.020.690.60.15-0.030.220.690.050.070.26-0.42
-0.060.52-0.23-0.23-0.21-0.08-0.08-0.08-0.23-0.2-0.14-0.26-0.14-0.22-0.150.150.03-0.17-0.130.070.470.01
-0.230.220.280.320.260.520.520.480.210.290.570.170.630.160.31-0.080.410.60.530.260.47-0.86
0.310.09-0.45-0.5-0.39-0.71-0.71-0.63-0.36-0.41-0.8-0.34-0.85-0.37-0.380.15-0.41-0.83-0.61-0.420.01-0.86
Click cells to compare fundamentals

Haverty Furniture Account Relationship Matchups

Haverty Furniture income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization20.6M18.2M16.3M16.9M18.6M17.4M
Interest Expense1.3M126K152K1.6M1.9M2.0M
Total Revenue802.3M748.3M1.0B1.0B862.1M664.2M
Gross Profit434.5M419.0M574.6M604.2M504.5M344.5M
Other Operating Expenses775.3M706.5M894.4M929.3M794.9M634.2M
Operating Income27.0M41.7M118.4M117.9M67.3M70.6M
Ebit27.0M41.7M118.4M117.9M67.3M70.6M
Ebitda47.6M59.9M134.7M134.9M85.9M90.2M
Cost Of Revenue367.8M329.3M438.2M443.0M357.6M319.7M
Total Operating Expenses407.5M377.3M456.3M486.3M437.2M314.4M
Income Before Tax28.7M76.7M118.5M119.5M72.7M76.3M
Total Other Income Expense Net1.7M35.0M177K1.6M5.4M6.4M
Net Income21.9M59.1M90.8M89.4M56.3M59.1M
Income Tax Expense6.9M17.6M27.7M30.1M16.4M10.9M
Selling General Administrative407.5M377.3M406.9M434.9M393.8M364.6M
Net Income Applicable To Common Shares21.9M59.1M90.8M89.4M102.8M107.9M
Selling And Marketing Expenses49.7M39.9M49.3M51.4M43.4M50.5M
Net Income From Continuing Ops21.9M59.1M90.8M89.4M65.1M44.9M
Tax Provision6.9M17.6M27.7M30.1M21.7M20.9M
Interest Income1.3M126K231K1.6M4.6M4.9M
Net Interest Income1.3M126K231K1.6M4.6M4.9M
Reconciled Depreciation20.6M18.2M16.3M16.9M18.0M17.2M

Pair Trading with Haverty Furniture

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 Haverty Furniture 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 Haverty Furniture will appreciate offsetting losses from the drop in the long position's value.

Moving together with Haverty Stock

  0.74HD Home DepotPairCorr

Moving against Haverty Stock

  0.7JD JD Inc AdrPairCorr
  0.67ANF Abercrombie FitchPairCorr
  0.41AAN Aarons Downward RallyPairCorr
The ability to find closely correlated positions to Haverty Furniture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Haverty Furniture 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 Haverty Furniture - 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 Haverty Furniture Companies to buy it.
The correlation of Haverty Furniture 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 Haverty Furniture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Haverty Furniture 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 Haverty Furniture 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 CorrelationCorrelation Matching

Additional Tools for Haverty Stock Analysis

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