Haverty Historical Income Statement
| HVT Stock | USD 29.42 0.12 0.41% |
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.
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.
Haverty |
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
Haverty Furniture Companies Income Statement is one of the three primary financial statements used for reporting Haverty's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Haverty Furniture revenue and expense. Haverty Furniture Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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. Add Fundamental
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.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.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 tightly coupled 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 Profit | 574.6M | 604.2M | 504.5M | 344.5M | Total Revenue | 1.0B | 1.0B | 862.1M | 664.2M |
Haverty Furniture income statement Correlations
Click cells to compare fundamentals
Haverty Furniture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Haverty Furniture income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 20.6M | 18.2M | 16.3M | 16.9M | 18.6M | 17.4M | |
| Interest Expense | (1.3M) | (126K) | 152K | 1.6M | 1.5M | 1.5M | |
| Total Revenue | 802.3M | 748.3M | 1.0B | 1.0B | 862.1M | 664.2M | |
| Gross Profit | 434.5M | 419.0M | 574.6M | 604.2M | 504.5M | 344.5M | |
| Other Operating Expenses | 775.3M | 706.5M | 894.4M | 929.3M | 794.9M | 634.2M | |
| Operating Income | 27.0M | 41.7M | 118.4M | 117.9M | 67.3M | 70.6M | |
| Ebit | 27.0M | 41.7M | 118.4M | 117.9M | 67.3M | 70.6M | |
| Ebitda | 47.6M | 59.9M | 134.7M | 134.9M | 85.9M | 90.2M | |
| Cost Of Revenue | 367.8M | 329.3M | 438.2M | 443.0M | 357.6M | 319.7M | |
| Total Operating Expenses | 407.5M | 377.3M | 456.3M | 486.3M | 437.2M | 314.4M | |
| Income Before Tax | 28.7M | 76.7M | 118.5M | 119.5M | 72.7M | 76.3M | |
| Total Other Income Expense Net | 1.7M | 35.0M | 177K | 1.6M | 5.4M | 6.4M | |
| Net Income | 21.9M | 59.1M | 90.8M | 89.4M | 56.3M | 59.1M | |
| Income Tax Expense | 6.9M | 17.6M | 27.7M | 30.1M | 16.4M | 10.9M | |
| Selling General Administrative | 407.5M | 377.3M | 406.9M | 434.9M | 393.8M | 364.6M | |
| Net Income Applicable To Common Shares | 21.9M | 59.1M | 90.8M | 89.4M | 102.8M | 107.9M | |
| Selling And Marketing Expenses | 49.7M | 39.9M | 49.3M | 51.4M | 43.4M | 50.5M | |
| Net Income From Continuing Ops | 21.9M | 59.1M | 90.8M | 89.4M | 65.1M | 44.9M | |
| Tax Provision | 6.9M | 17.6M | 27.7M | 30.1M | 21.7M | 20.9M | |
| Interest Income | 1.3M | 126K | 231K | 1.6M | 4.6M | 4.9M | |
| Net Interest Income | 1.3M | 126K | 231K | 1.6M | 4.6M | 4.9M | |
| Reconciled Depreciation | 20.6M | 18.2M | 16.3M | 16.9M | 18.0M | 17.2M |
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
| 0.71 | FL | Foot Locker | PairCorr |
| 0.65 | DLTH | Duluth Holdings Financial Report 6th of June 2024 | PairCorr |
Moving against Haverty Stock
| 0.65 | AKA | AKA Brands Holding | PairCorr |
| 0.53 | TLF | Tandy Leather Factory | PairCorr |
| 0.51 | DIBS | 1StdibsCom | PairCorr |
| 0.47 | PIK | Kidpik Corp | PairCorr |
| 0.43 | GPC | Genuine Parts | PairCorr |
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.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 tightly coupled with the direction of predictive economic indicators such as signals in real. 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 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.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is Haverty Furniture'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 Haverty Furniture. If investors know Haverty 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 Haverty Furniture 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 (0.81) | Dividend Share 1.2 | Earnings Share 2.76 | Revenue Per Share 50.493 | Quarterly Revenue Growth (0.18) |
The market value of Haverty Furniture is measured differently than its book value, which is the value of Haverty that is recorded on the company's balance sheet. Investors also form their own opinion of Haverty Furniture's value that differs from its market value or its book value, called intrinsic value, which is Haverty Furniture'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 Haverty Furniture's market value can be influenced by many factors that don't directly affect Haverty Furniture'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 Haverty Furniture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Haverty Furniture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Haverty Furniture'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.