Altice Historical Income Statement

ATUS Stock  USD 2.41  0.19  7.31%   
Historical analysis of Altice USA income statement accounts such as Selling General Administrative of 1.8 B, Total Revenue of 7.7 B or Gross Profit of 4.5 B can show how well Altice USA performed in making a profits. Evaluating Altice USA income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Altice USA's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Altice USA 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 Altice USA is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altice USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.

About Altice Income Statement Analysis

Altice USA 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 Altice USA shareholders. The income statement also shows Altice 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).

Altice USA Income Statement Chart

At this time, Altice USA's Reconciled Depreciation is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 55.3 M in 2024, whereas Total Revenue is likely to drop slightly above 7.7 B in 2024.

Total Revenue

Total revenue comprises all receipts Altice USA 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 Altice USA minus its cost of goods sold. It is profit before Altice USA 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.

Operating Income

Operating Income is the amount of profit realized from Altice USA 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 Altice USA 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Altice USA's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Altice USA 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Altice USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.At this time, Altice USA's Reconciled Depreciation is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 55.3 M in 2024, whereas Total Revenue is likely to drop slightly above 7.7 B in 2024.
 2020 2021 2023 2024 (projected)
Gross Profit6.7B6.4B4.6B4.5B
Total Revenue10.1B9.6B9.2B7.7B

Altice USA income statement Correlations

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0.930.950.890.590.150.42-0.13-0.470.810.860.920.850.930.79-0.54-0.730.390.02-0.03-0.8-0.710.75-0.07
0.870.950.790.320.050.39-0.19-0.370.870.80.90.790.940.91-0.41-0.760.38-0.030.07-0.73-0.60.670.05
0.770.890.790.670.520.280.27-0.470.510.710.70.870.770.5-0.64-0.540.220.380.1-0.66-0.740.77-0.1
0.590.590.320.670.330.280.11-0.490.20.550.480.550.410.06-0.62-0.260.220.16-0.29-0.55-0.610.58-0.37
0.00.150.050.520.330.080.770.12-0.310.180.00.470.07-0.2-0.420.160.080.720.4-0.11-0.380.37-0.01
0.270.420.390.280.280.08-0.570.040.420.260.480.180.350.39-0.24-0.080.76-0.59-0.05-0.380.01-0.020.16
-0.16-0.13-0.190.270.110.77-0.570.03-0.53-0.02-0.310.27-0.17-0.42-0.180.19-0.420.970.380.17-0.30.3-0.07
-0.45-0.47-0.37-0.47-0.490.120.040.03-0.25-0.29-0.3-0.21-0.26-0.210.240.380.09-0.030.20.340.34-0.320.29
0.780.810.870.510.2-0.310.42-0.53-0.250.660.90.560.90.94-0.32-0.770.3-0.35-0.29-0.68-0.450.51-0.12
0.910.860.80.710.550.180.26-0.02-0.290.660.890.860.860.73-0.62-0.660.380.15-0.03-0.88-0.860.89-0.25
0.90.920.90.70.480.00.48-0.31-0.30.90.890.790.960.89-0.55-0.750.45-0.14-0.23-0.87-0.720.76-0.25
0.80.850.790.870.550.470.180.27-0.210.560.860.790.870.61-0.7-0.620.340.430.13-0.8-0.890.92-0.2
0.890.930.940.770.410.070.35-0.17-0.260.90.860.960.870.88-0.57-0.790.360.02-0.1-0.83-0.750.8-0.18
0.750.790.910.50.06-0.20.39-0.42-0.210.940.730.890.610.88-0.27-0.750.4-0.25-0.06-0.68-0.480.54-0.02
-0.59-0.54-0.41-0.64-0.62-0.42-0.24-0.180.24-0.32-0.62-0.55-0.7-0.57-0.270.37-0.19-0.290.210.810.82-0.750.58
-0.77-0.73-0.76-0.54-0.260.16-0.080.190.38-0.77-0.66-0.75-0.62-0.79-0.750.37-0.070.010.130.660.59-0.620.19
0.260.390.380.220.220.080.76-0.420.090.30.380.450.340.360.4-0.19-0.07-0.420.24-0.44-0.130.110.18
0.020.02-0.030.380.160.72-0.590.97-0.03-0.350.15-0.140.430.02-0.25-0.290.01-0.420.330.0-0.470.48-0.15
-0.11-0.030.070.1-0.290.4-0.050.380.2-0.29-0.03-0.230.13-0.1-0.060.210.130.240.330.170.11-0.120.71
-0.86-0.8-0.73-0.66-0.55-0.11-0.380.170.34-0.68-0.88-0.87-0.8-0.83-0.680.810.66-0.440.00.170.86-0.830.46
-0.79-0.71-0.6-0.74-0.61-0.380.01-0.30.34-0.45-0.86-0.72-0.89-0.75-0.480.820.59-0.13-0.470.110.86-0.980.56
0.80.750.670.770.580.37-0.020.3-0.320.510.890.760.920.80.54-0.75-0.620.110.48-0.12-0.83-0.98-0.49
-0.2-0.070.05-0.1-0.37-0.010.16-0.070.29-0.12-0.25-0.25-0.2-0.18-0.020.580.190.18-0.150.710.460.56-0.49
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Altice USA Account Relationship Matchups

Altice USA income statement Accounts

201920202021202220232024 (projected)
Interest Expense1.6B1.4B1.3B1.3B1.6B1.7B
Selling General Administrative2.1B2.0B2.1B2.4B2.4B1.8B
Total Revenue9.6B9.9B10.1B9.6B9.2B7.7B
Gross Profit6.4B6.6B6.7B6.4B4.6B4.5B
Operating Income1.7B2.1B2.5B1.8B1.9B1.2B
Cost Of Revenue3.2B3.3B3.4B3.2B4.7B3.2B
Income Before Tax(18.1M)583.2M1.3B516.7M118.6M235.8M
Net Income Applicable To Common Shares138.9M436.2M990.3M194.6M223.7M338.7M
Net Income18.8M436.2M990.3M194.6M53.2M50.5M
Income Tax Expense(38.7M)139.7M295.0M295.8M39.5M41.5M
Minority Interest9.3M7.3M20.6M(26.3M)(25.8M)(24.5M)
Depreciation And Amortization2.3B2.1B1.8B1.8B1.7B1.9B
Selling And Marketing Expenses233.3M213.5M274.6M299.6M253.8M228.3M
Other Operating Expenses7.8B7.7B7.5B7.7B7.3B7.5B
Ebit2.0B2.2B2.5B1.9B1.9B1.6B
Ebitda4.3B4.3B4.3B3.7B3.6B3.4B
Total Operating Expenses4.7B4.3B4.2B4.5B2.6B3.9B
Net Income From Continuing Ops139.9M723.0M1.6B220.9M79.0M75.1M
Tax Provision47.2M139.7M295.0M295.8M39.5M41.5M
Net Interest Income(1.5B)(1.4B)(1.3B)(1.3B)(1.6B)(1.7B)
Interest Income10.9M5.7M2.2M160K144K136.8K
Reconciled Depreciation2.3B2.1B1.8B1.8B1.6B1.7B
Non Operating Income Net Other(100.1M)(179.5M)48.0M45.8M52.6M55.3M

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