TPI Historical Income Statement

TPIC Stock  USD 2.78  0.39  16.32%   
Historical analysis of TPI Composites income statement accounts such as Other Operating Expenses of 1.2 B, Cost Of Revenue of 1.1 B, Total Operating Expenses of 33.7 M or Income Tax Expense of 12.7 M can show how well TPI Composites performed in making a profits. Evaluating TPI Composites income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of TPI Composites's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining TPI Composites 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 TPI Composites is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TPI Composites. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.

About TPI Income Statement Analysis

TPI Composites 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 TPI Composites shareholders. The income statement also shows TPI 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).

TPI Composites Income Statement Chart

TPI Composites Income Statement is one of the three primary financial statements used for reporting TPI's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of TPI Composites revenue and expense. TPI Composites Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, TPI Composites' Reconciled Depreciation is projected to increase significantly based on the last few years of reporting.

Total Revenue

Total revenue comprises all receipts TPI Composites 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of TPI Composites. It is also known as TPI Composites 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 TPI Composites income statement and represents the costs associated with goods and services TPI Composites 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 TPI Composites' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into TPI Composites 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 World Market Map to better understand how to build diversified portfolios, which includes a position in TPI Composites. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.At present, TPI Composites' Reconciled Depreciation is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense13.6M5.0M12.1M11.5M
Depreciation And Amortization39.1M2.3M38.9M25.3M

TPI Composites income statement Correlations

0.50.70.8-0.040.79-0.43-0.46-0.210.790.7-0.41-0.33-0.460.51-0.440.30.4-0.70.48-0.320.70.36-0.26-0.08-0.25
0.50.590.480.120.46-0.09-0.15-0.010.460.59-0.2-0.36-0.250.35-0.210.650.16-0.580.07-0.170.220.23-0.180.04-0.21
0.70.590.80.10.78-0.24-0.33-0.150.771.0-0.29-0.41-0.370.59-0.340.640.44-0.930.730.110.520.43-0.4-0.36-0.31
0.80.480.8-0.091.0-0.46-0.5-0.311.00.8-0.46-0.42-0.560.87-0.540.430.77-0.880.81-0.080.90.3-0.61-0.32-0.24
-0.040.120.1-0.09-0.150.910.880.96-0.160.10.90.780.85-0.140.870.06-0.25-0.070.11-0.33-0.35-0.730.740.430.71
0.790.460.781.0-0.15-0.52-0.55-0.371.00.78-0.51-0.47-0.610.87-0.590.420.78-0.870.79-0.060.910.36-0.65-0.34-0.26
-0.43-0.09-0.24-0.460.91-0.520.990.97-0.52-0.240.990.850.98-0.420.98-0.1-0.480.29-0.19-0.21-0.66-0.770.830.460.75
-0.46-0.15-0.33-0.50.88-0.550.990.96-0.55-0.330.990.890.99-0.430.99-0.16-0.470.36-0.22-0.2-0.66-0.80.850.470.77
-0.21-0.01-0.15-0.310.96-0.370.970.96-0.38-0.150.970.880.95-0.320.96-0.08-0.410.19-0.09-0.3-0.52-0.770.860.480.75
0.790.460.771.0-0.161.0-0.52-0.55-0.380.77-0.52-0.47-0.610.87-0.590.410.78-0.860.79-0.070.920.35-0.66-0.34-0.26
0.70.591.00.80.10.78-0.24-0.33-0.150.77-0.29-0.41-0.370.59-0.340.640.44-0.930.730.110.520.43-0.4-0.36-0.31
-0.41-0.2-0.29-0.460.9-0.510.990.990.97-0.52-0.290.920.99-0.410.99-0.18-0.460.33-0.15-0.21-0.62-0.80.850.440.77
-0.33-0.36-0.41-0.420.78-0.470.850.890.88-0.47-0.410.920.92-0.390.91-0.34-0.40.41-0.13-0.18-0.47-0.750.840.320.73
-0.46-0.25-0.37-0.560.85-0.610.980.990.95-0.61-0.370.990.92-0.531.0-0.25-0.570.43-0.26-0.23-0.69-0.790.90.460.76
0.510.350.590.87-0.140.87-0.42-0.43-0.320.870.59-0.41-0.39-0.53-0.520.50.97-0.730.730.160.80.24-0.7-0.3-0.19
-0.44-0.21-0.34-0.540.87-0.590.980.990.96-0.59-0.340.990.911.0-0.52-0.23-0.560.4-0.24-0.22-0.68-0.780.890.450.75
0.30.650.640.430.060.42-0.1-0.16-0.080.410.64-0.18-0.34-0.250.5-0.230.41-0.670.260.340.170.42-0.34-0.34-0.34
0.40.160.440.77-0.250.78-0.48-0.47-0.410.780.44-0.46-0.4-0.570.97-0.560.41-0.610.670.220.790.24-0.73-0.3-0.21
-0.7-0.58-0.93-0.88-0.07-0.870.290.360.19-0.86-0.930.330.410.43-0.730.4-0.67-0.61-0.76-0.03-0.68-0.310.50.330.3
0.480.070.730.810.110.79-0.19-0.22-0.090.790.73-0.15-0.13-0.260.73-0.240.260.67-0.760.210.690.13-0.45-0.48-0.11
-0.32-0.170.11-0.08-0.33-0.06-0.21-0.2-0.3-0.070.11-0.21-0.18-0.230.16-0.220.340.22-0.030.21-0.10.53-0.34-0.75-0.53
0.70.220.520.9-0.350.91-0.66-0.66-0.520.920.52-0.62-0.47-0.690.8-0.680.170.79-0.680.69-0.10.3-0.71-0.35-0.33
0.360.230.430.3-0.730.36-0.77-0.8-0.770.350.43-0.8-0.75-0.790.24-0.780.420.24-0.310.130.530.3-0.63-0.66-0.8
-0.26-0.18-0.4-0.610.74-0.650.830.850.86-0.66-0.40.850.840.9-0.70.89-0.34-0.730.5-0.45-0.34-0.71-0.630.550.62
-0.080.04-0.36-0.320.43-0.340.460.470.48-0.34-0.360.440.320.46-0.30.45-0.34-0.30.33-0.48-0.75-0.35-0.660.550.66
-0.25-0.21-0.31-0.240.71-0.260.750.770.75-0.26-0.310.770.730.76-0.190.75-0.34-0.210.3-0.11-0.53-0.33-0.80.620.66
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TPI Composites Account Relationship Matchups

TPI Composites income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization38.6M49.7M39.1M2.3M38.9M25.3M
Interest Expense8.2M10.5M13.6M5.0M12.1M11.5M
Selling General Administrative39.9M33.5M29.2M32.3M49.1M33.7M
Total Revenue1.4B1.7B1.7B1.5B1.5B1.2B
Gross Profit77.8M64.1M(31.6M)14.6M(89.9M)(85.4M)
Other Operating Expenses1.4B1.6B1.8B1.5B1.6B1.2B
Operating Income3.2M(15.1M)(97.7M)(17.7M)(139.0M)(132.0M)
Ebit3.2M(15.1M)(97.7M)(17.7M)(139.0M)(132.0M)
Ebitda41.7M34.6M(58.6M)(15.4M)(100.1M)(95.1M)
Cost Of Revenue1.4B1.6B1.8B1.5B1.5B1.1B
Total Operating Expenses39.9M33.5M29.2M32.3M49.1M33.7M
Income Before Tax7.4M(7.7M)(132.8M)(25.9M)(178.9M)(169.9M)
Total Other Income Expense Net4.3M7.3M(35.1M)(8.2M)(39.9M)(37.9M)
Net Income(15.7M)(19.0M)(159.5M)(55.6M)(201.8M)(191.7M)
Income Tax Expense23.1M11.3M26.8M29.6M17.6M12.7M
Net Income From Continuing Ops(15.7M)(19.0M)(159.5M)(55.6M)(196.5M)(186.6M)
Net Income Applicable To Common Shares(15.7M)(19.0M)(165.6M)(124.2M)(111.8M)(106.2M)
Tax Provision23.1M11.3M26.8M29.6M17.6M15.8M
Interest Income95K181K157K102K91.8K87.2K
Net Interest Income(8.0M)(10.4M)(13.6M)(5.0M)(12.1M)(12.7M)
Non Operating Income Net Other(302K)(16.0M)(21.5M)6.9M6.2M6.5M
Reconciled Depreciation38.6M49.7M52.6M45.5M38.9M42.8M

Currently Active Assets on Macroaxis

When determining whether TPI Composites offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TPI Composites' 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 Tpi Composites Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tpi Composites Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TPI Composites. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade TPI Stock refer to our How to Trade TPI Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is TPI Composites' 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 TPI Composites. If investors know TPI 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 TPI Composites listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.12)
Revenue Per Share
34.102
Quarterly Revenue Growth
(0.26)
Return On Assets
(0.1)
Return On Equity
(1.65)
The market value of TPI Composites is measured differently than its book value, which is the value of TPI that is recorded on the company's balance sheet. Investors also form their own opinion of TPI Composites' value that differs from its market value or its book value, called intrinsic value, which is TPI Composites' 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 TPI Composites' market value can be influenced by many factors that don't directly affect TPI Composites' 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 TPI Composites' value and its price as these two are different measures arrived at by different means. Investors typically determine if TPI Composites is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TPI Composites' 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.