LL Flooring Historical Income Statement
| LL Stock | USD 1.65 0.01 0.60% |
Historical analysis of LL Flooring income statement accounts such as Gross Profit of 298.9 M, Other Operating Expenses of 814.9 M or Cost Of Revenue of 531.6 M can show how well LL Flooring Holdings performed in making a profits. Evaluating LL Flooring income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of LL Flooring's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining LL Flooring 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 LL Flooring Holdings is a good buy for the upcoming year.
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About LL Flooring Income Statement Analysis
LL Flooring 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 LL Flooring shareholders. The income statement also shows LL Flooring 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).
LL Flooring Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of LL Flooring Holdings minus its cost of goods sold. It is profit before LL Flooring 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 LL Flooring Holdings. It is also known as LL Flooring 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.Cost Of Revenue
Cost of Revenue is found on LL Flooring Holdings income statement and represents the costs associated with goods and services LL Flooring 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 LL Flooring's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into LL Flooring 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LL Flooring 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 bureau of economic analysis. At this time, LL Flooring's Interest Expense is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 2.5 M this year, although the value of Total Revenue will most likely fall to about 830.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 440.0M | 401.2M | 312.4M | 298.9M | Total Revenue | 1.2B | 1.1B | 904.7M | 830.5M |
LL Flooring income statement Correlations
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LL Flooring Account Relationship Matchups
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LL Flooring income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 17.5M | 17.6M | 18.8M | 18.4M | 18.6M | 12.1M | |
| Total Revenue | 1.1B | 1.1B | 1.2B | 1.1B | 904.7M | 830.5M | |
| Gross Profit | 403.7M | 427.7M | 440.0M | 401.2M | 312.4M | 298.9M | |
| Other Operating Expenses | 1.1B | 1.0B | 1.1B | 1.1B | 997.2M | 814.9M | |
| Operating Income | 16.7M | 56.3M | 52.7M | (11.7M) | (92.5M) | (87.9M) | |
| Ebit | 16.7M | 56.3M | 52.7M | (11.7M) | (92.5M) | (87.9M) | |
| Ebitda | 34.2M | 73.9M | 71.5M | 6.7M | (73.8M) | (70.1M) | |
| Cost Of Revenue | 688.9M | 670.0M | 712.3M | 709.5M | 592.3M | 531.6M | |
| Total Operating Expenses | 387.0M | 371.4M | 387.4M | 412.9M | 404.9M | 283.3M | |
| Income Before Tax | 13.0M | 53.6M | 52.8M | (13.5M) | (90.1M) | (85.6M) | |
| Total Other Income Expense Net | (3.8M) | (2.6M) | 104K | (1.8M) | 2.4M | 2.5M | |
| Net Income | 9.7M | 61.4M | 41.7M | (12.1M) | (103.5M) | (98.3M) | |
| Income Tax Expense | 3.3M | (7.8M) | 11.1M | (1.5M) | 13.4M | 14.1M | |
| Selling General Administrative | 312.0M | 309.2M | 325.5M | 347.5M | 342.1M | 289.0M | |
| Net Income Applicable To Common Shares | 9.7M | 61.4M | 41.7M | (12.1M) | (10.9M) | (10.3M) | |
| Net Income From Continuing Ops | 9.7M | 61.4M | 41.7M | (12.1M) | (100.6M) | (95.6M) | |
| Non Operating Income Net Other | (3.8M) | (2.6M) | 104K | (1.8M) | (1.6M) | (1.7M) | |
| Selling And Marketing Expenses | 75M | 62.2M | 61.9M | 65.4M | 62.8M | 56.8M | |
| Tax Provision | 3.3M | (7.8M) | 11.1M | (1.5M) | 10.8M | 11.4M | |
| Reconciled Depreciation | 17.5M | 17.6M | 18.8M | 18.4M | 19.3M | 20.1M |
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Additional Information and Resources on Investing in LL Flooring Stock
When determining whether LL Flooring Holdings is a strong investment it is important to analyze LL Flooring's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact LL Flooring's future performance. For an informed investment choice regarding LL Flooring Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LL Flooring 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 bureau of economic analysis. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Home Improvement Retail space 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 LL Flooring. If investors know LL Flooring 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 LL Flooring 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 (0.78) | Earnings Share (4.22) | Revenue Per Share 29.55 | Quarterly Revenue Growth (0.22) | Return On Assets (0.10) |
The market value of LL Flooring Holdings is measured differently than its book value, which is the value of LL Flooring that is recorded on the company's balance sheet. Investors also form their own opinion of LL Flooring's value that differs from its market value or its book value, called intrinsic value, which is LL Flooring'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 LL Flooring's market value can be influenced by many factors that don't directly affect LL Flooring'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 LL Flooring's value and its price as these two are different measures arrived at by different means. Investors typically determine if LL Flooring is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LL Flooring'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.