Aerojet Historical Income Statement

AJRD -  USA Stock  

USD 40.14  1.28  3.29%

Historical analysis of Aerojet Rocketdyne income statement accounts such as Consolidated Income of 155 M, Cost of Revenue of 1.8 B or Earning Before Interest and Taxes EBIT of 176.4 M can show how well Aerojet Rocketdyne Holdings performed in making a profits. Evaluating Aerojet Rocketdyne income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Aerojet Rocketdyne's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Aerojet Rocketdyne 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 Aerojet Rocketdyne is a good buy for the upcoming year.
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Aerojet Rocketdyne Net Income

155.04 Million

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About Aerojet Income Statement Analysis

Aerojet Rocketdyne 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 Aerojet Rocketdyne shareholders. The income statement also shows Aerojet 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).

Aerojet Rocketdyne Income Statement Chart

Aerojet Rocketdyne Holdings Income Statement is one of the three primary financial statements used for reporting Aerojet's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Aerojet Rocketdyne revenue and expense. Aerojet Rocketdyne Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Aerojet Rocketdyne Interest Expense is projected to decrease significantly based on the last few years of reporting. The past year's Interest Expense was at 20.1 Million. The current year Net Income is expected to grow to about 155 M, whereas Cost of Revenue is forecasted to decline to about 1.8 B.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income Available to Non-controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Aerojet Rocketdyne financial statement analysis. It represents the amount of money remaining after all of Aerojet Rocketdyne Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Revenues

Revenues refers to the total amount of money received by Aerojet Rocketdyne for goods sold or services provided during a certain time period. It also includes all of Aerojet Rocketdyne sales as well as any other increase in Aerojet Rocketdyne Holdings equity.Revenues are reported on Aerojet Rocketdyne income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Most accounts from Aerojet Rocketdyne income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Aerojet Rocketdyne 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. Please continue to Trending Equities.Aerojet Rocketdyne Interest Expense is projected to decrease significantly based on the last few years of reporting. The past year's Interest Expense was at 20.1 Million. The current year Net Income is expected to grow to about 155 M, whereas Cost of Revenue is forecasted to decline to about 1.8 B.
 2019 2020 2021 2022 (projected)
Interest Expense35.7 M30.1 M20.1 M25.45 M
Gross Profit367.9 M371.4 M387.9 M357.07 M

Aerojet Rocketdyne income statement Correlations

Aerojet Rocketdyne Account Relationship Matchups

Aerojet Rocketdyne income statement Accounts

201720182019202020212022 (projected)
Direct Expenses1.62 B1.55 B1.61 B1.7 B1.8 B1.48 B
Consolidated Income(9.2 M)137.3 M141 M137.7 M143.7 M155.04 M
Cost of Revenue1.56 B1.55 B1.61 B1.7 B1.8 B1.76 B
Earning Before Interest and Taxes EBIT117.8 M223 M227.6 M210.3 M215.1 M176.4 M
Earning Before Interest and Taxes USD117.8 M223 M227.6 M210.3 M215.1 M176.4 M
Gross Profit315 M346.5 M367.9 M371.4 M387.9 M357.07 M
Interest Expense30.9 M34.4 M35.7 M30.1 M20.1 M25.45 M
Net Income(9.2 M)137.3 M141 M137.7 M143.7 M155.04 M
Net Income Common Stock(9.2 M)137.3 M141 M137.7 M143.7 M155.04 M
Net Income Common Stock USD(9.2 M)137.3 M141 M137.7 M143.7 M155.04 M
Operating Expenses119.3 M112.8 M129.7 M130.8 M130.9 M139.89 M
Operating Income195.7 M233.7 M238.2 M240.6 M257 M217.18 M
Revenues1.88 B1.9 B1.98 B2.07 B2.19 B2.12 B
Revenues USD1.88 B1.9 B1.98 B2.07 B2.19 B2.12 B
Weighted Average Shares73 M74.8 M77.2 M77.4 M79.2 M80.82 M

Aerojet Rocketdyne Investors Sentiment

The influence of Aerojet Rocketdyne's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Aerojet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Aerojet Rocketdyne Implied Volatility

    
  21.16  
Aerojet Rocketdyne's implied volatility exposes the market's sentiment of Aerojet Rocketdyne Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Aerojet Rocketdyne's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Aerojet Rocketdyne stock will not fluctuate a lot when Aerojet Rocketdyne's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aerojet Rocketdyne in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aerojet Rocketdyne's short interest history, or implied volatility extrapolated from Aerojet Rocketdyne options trading.

Current Sentiment - AJRD

Aerojet Rocketdyne Investor Sentiment

Most of Macroaxis users are presently bullish on Aerojet Rocketdyne Holdings. What is your sentiment towards investing in Aerojet Rocketdyne Holdings? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Aerojet Rocketdyne

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 Aerojet Rocketdyne 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 Aerojet Rocketdyne will appreciate offsetting losses from the drop in the long position's value.

Aerojet Rocketdyne Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Aerojet Rocketdyne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aerojet Rocketdyne 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 Aerojet Rocketdyne - 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 Aerojet Rocketdyne Holdings to buy it.
The correlation of Aerojet Rocketdyne is a statistical measure of how it moves in relation to other equities. 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 Aerojet Rocketdyne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aerojet Rocketdyne 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 Aerojet Rocketdyne 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.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. Note that the Aerojet Rocketdyne information on this page should be used as a complementary analysis to other Aerojet Rocketdyne's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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Is Aerojet Rocketdyne'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 Aerojet Rocketdyne. If investors know Aerojet 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 Aerojet Rocketdyne 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 YOY
0.51
Market Capitalization
3.1 B
Quarterly Revenue Growth YOY
0.03
Return On Assets
0.0679
Return On Equity
0.37
The market value of Aerojet Rocketdyne is measured differently than its book value, which is the value of Aerojet that is recorded on the company's balance sheet. Investors also form their own opinion of Aerojet Rocketdyne's value that differs from its market value or its book value, called intrinsic value, which is Aerojet Rocketdyne'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 Aerojet Rocketdyne's market value can be influenced by many factors that don't directly affect Aerojet Rocketdyne'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 Aerojet Rocketdyne's value and its price as these two are different measures arrived at by different means. Investors typically determine Aerojet Rocketdyne value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aerojet Rocketdyne'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.