Ingles Historical Income Statement

IMKTA Stock  USD 72.30  0.40  0.55%   
Historical analysis of Ingles Markets income statement accounts such as Total Revenue of 7.1 B or Gross Profit of 1.7 B can show how well Ingles Markets Incorporated performed in making a profits. Evaluating Ingles Markets income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ingles Markets's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ingles Markets 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 Ingles Markets 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 Ingles Markets Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

About Ingles Income Statement Analysis

Ingles Markets 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 Ingles Markets shareholders. The income statement also shows Ingles 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).

Ingles Markets Income Statement Chart

Ingles Markets Incorporated Income Statement is one of the three primary financial statements used for reporting Ingles's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ingles Markets revenue and expense. Ingles Markets Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Ingles Markets' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.7 B, whereas Depreciation And Amortization is forecasted to decline to about 68.2 M.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Ingles Markets 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 Ingles Markets Incorporated minus its cost of goods sold. It is profit before Ingles Markets 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 Ingles Markets. It is also known as Ingles Markets 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 Ingles Markets 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 Ingles Markets Incorporated 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 Ingles Markets' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ingles Markets 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 Ingles Markets Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At present, Ingles Markets' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.7 B, whereas Depreciation And Amortization is forecasted to decline to about 68.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.4B1.6B1.7B
Total Revenue5.7B5.9B6.8B7.1B

Ingles Markets income statement Correlations

0.420.610.630.620.370.310.470.610.660.40.320.410.330.910.350.030.240.150.280.250.14-0.08
0.42-0.1-0.16-0.08-0.38-0.57-0.41-0.09-0.05-0.52-0.32-0.51-0.50.06-0.58-0.43-0.51-0.33-0.62-0.460.340.33
0.61-0.10.991.00.910.770.881.00.990.830.280.840.760.770.80.210.520.660.750.78-0.62-0.6
0.63-0.160.990.990.90.820.920.980.990.880.390.880.80.790.850.250.560.640.780.78-0.59-0.55
0.62-0.081.00.990.90.750.861.00.990.810.260.820.740.770.780.20.490.670.730.77-0.63-0.61
0.37-0.380.910.90.90.860.890.90.860.880.180.870.820.630.860.240.660.70.880.83-0.67-0.67
0.31-0.570.770.820.750.860.980.750.720.980.610.970.930.590.980.290.850.510.960.76-0.47-0.39
0.47-0.410.880.920.860.890.980.870.850.990.590.980.920.70.970.270.780.550.920.77-0.5-0.43
0.61-0.091.00.981.00.90.750.870.990.820.250.820.740.770.780.20.50.670.740.78-0.63-0.61
0.66-0.050.990.990.990.860.720.850.990.80.280.810.710.790.770.230.440.650.70.75-0.61-0.59
0.4-0.520.830.880.810.880.980.990.820.80.620.990.930.660.990.380.790.550.940.78-0.5-0.43
0.32-0.320.280.390.260.180.610.590.250.280.620.620.580.380.630.380.53-0.050.490.210.10.28
0.41-0.510.840.880.820.870.970.980.820.810.990.620.890.671.00.370.730.550.940.78-0.49-0.43
0.33-0.50.760.80.740.820.930.920.740.710.930.580.890.570.880.380.90.50.890.7-0.47-0.4
0.910.060.770.790.770.630.590.70.770.790.660.380.670.570.630.180.50.420.60.55-0.08-0.37
0.35-0.580.80.850.780.860.980.970.780.770.990.631.00.880.630.390.740.550.940.79-0.5-0.43
0.03-0.430.210.250.20.240.290.270.20.230.380.380.370.380.180.390.160.240.290.29-0.2-0.2
0.24-0.510.520.560.490.660.850.780.50.440.790.530.730.90.50.740.160.350.830.56-0.2-0.26
0.15-0.330.660.640.670.70.510.550.670.650.55-0.050.550.50.420.550.240.350.50.94-0.84-0.81
0.28-0.620.750.780.730.880.960.920.740.70.940.490.940.890.60.940.290.830.50.73-0.44-0.48
0.25-0.460.780.780.770.830.760.770.780.750.780.210.780.70.550.790.290.560.940.73-0.78-0.75
0.140.34-0.62-0.59-0.63-0.67-0.47-0.5-0.63-0.61-0.50.1-0.49-0.47-0.08-0.5-0.2-0.2-0.84-0.44-0.780.71
-0.080.33-0.6-0.55-0.61-0.67-0.39-0.43-0.61-0.59-0.430.28-0.43-0.4-0.37-0.43-0.2-0.26-0.81-0.48-0.750.71
Click cells to compare fundamentals

Ingles Markets Account Relationship Matchups

Ingles Markets income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization116.3M117.1M117.8M116.0M133.4M68.2M
Interest Expense40.5M24.3M21.5M22.1M25.4M20.1M
Total Revenue4.6B5.0B5.7B5.9B6.8B7.1B
Gross Profit1.2B1.3B1.4B1.4B1.6B1.7B
Other Operating Expenses4.3B4.6B5.3B5.6B6.4B6.8B
Operating Income162.0M226.0M263.6M292.3M336.1M353.0M
Ebit162.0M226.0M263.6M184.6M212.3M222.9M
Ebitda278.2M343.1M381.4M300.6M345.7M362.9M
Cost Of Revenue3.4B3.7B4.3B4.5B5.2B5.4B
Total Operating Expenses921.7M963.3M1.0B1.1B1.3B1.3B
Income Before Tax235.0M327.6M361.3M278.5M320.3M336.3M
Total Other Income Expense Net73.1M101.6M97.7M11.0M12.7M14.9M
Net Income178.6M249.7M272.8M210.8M242.4M254.6M
Income Tax Expense56.4M77.9M88.5M67.7M77.8M81.7M
Selling General Administrative921.7M963.3M1.0B1.1B1.3B680.8M
Net Income Applicable To Common Shares81.6M178.6M249.7M272.8M313.7M329.4M
Net Income From Continuing Ops178.6M249.7M272.8M210.8M242.4M254.6M
Non Operating Income Net Other3.1M1.8M1.9M5.8M6.7M7.1M
Tax Provision56.4M77.9M88.5M67.7M77.8M48.2M
Net Interest Income(40.5M)(24.3M)(21.5M)(22.1M)(25.4M)(26.6M)
Reconciled Depreciation116.3M117.1M117.8M116.0M133.4M126.3M

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When determining whether Ingles Markets offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ingles Markets' 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 Ingles Markets Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ingles Markets Incorporated Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingles Markets Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Ingles Markets' price analysis, check to measure Ingles Markets' 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 Ingles Markets is operating at the current time. Most of Ingles Markets' value examination focuses on studying past and present price action to predict the probability of Ingles Markets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingles Markets' price. Additionally, you may evaluate how the addition of Ingles Markets to your portfolios can decrease your overall portfolio volatility.
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Is Ingles Markets' 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 Ingles Markets. If investors know Ingles 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 Ingles Markets 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
(0.38)
Dividend Share
0.66
Earnings Share
9.73
Revenue Per Share
309.593
Quarterly Revenue Growth
(0.01)
The market value of Ingles Markets is measured differently than its book value, which is the value of Ingles that is recorded on the company's balance sheet. Investors also form their own opinion of Ingles Markets' value that differs from its market value or its book value, called intrinsic value, which is Ingles Markets' 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 Ingles Markets' market value can be influenced by many factors that don't directly affect Ingles Markets' 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 Ingles Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ingles Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingles Markets' 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.