Great West Lifeco Stock Net Income

GWO Stock  CAD 39.33  0.24  0.61%   
Great West Lifeco fundamentals help investors to digest information that contributes to Great West's financial success or failures. It also enables traders to predict the movement of Great Stock. The fundamental analysis module provides a way to measure Great West's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Great West stock.
Last ReportedProjected for Next Year
Net Income2.9 B2.3 B
Net Income From Continuing OpsB3.2 B
Net Income Applicable To Common Shares3.7 BB
Net Income Per Share 3.08  1.64 
Net Income Per E B T 0.93  0.66 
As of the 26th of June 2024, Net Income From Continuing Ops is likely to grow to about 3.2 B, while Net Income is likely to drop about 2.3 B.
  
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Great West Lifeco Company Net Income Analysis

Great West's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Great West Net Income

    
  2.87 B  
Most of Great West's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Great West Lifeco is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Great Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Great West is extremely important. It helps to project a fair market value of Great Stock properly, considering its historical fundamentals such as Net Income. Since Great West's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Great West's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Great West's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Great Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

1.18 Billion

At this time, Great West's Accumulated Other Comprehensive Income is very stable compared to the past year.
Based on the recorded statements, Great West Lifeco reported net income of 2.87 B. This is 124.51% higher than that of the Insurance sector and significantly higher than that of the Financials industry. The net income for all Canada stocks is significantly lower than that of the firm.

Great Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Great West's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Great West could also be used in its relative valuation, which is a method of valuing Great West by comparing valuation metrics of similar companies.
Great West is currently under evaluation in net income category among its peers.

Great West Current Valuation Drivers

We derive many important indicators used in calculating different scores of Great West from analyzing Great West's financial statements. These drivers represent accounts that assess Great West's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Great West's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap31.5B28.2B35.3B29.2B40.9B42.9B
Enterprise Value33.8B30.9B40.2B34.0B43.5B45.6B

Great West ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Great West's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Great West's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Great Fundamentals

About Great West Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Great West Lifeco's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Great West using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Great West Lifeco based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Great Stock

Great West financial ratios help investors to determine whether Great Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Great with respect to the benefits of owning Great West security.