Hanesbrands Historical Income Statement

HBI Stock  USD 8.74  0.10  1.13%   
Historical analysis of Hanesbrands income statement accounts such as Gross Profit of 2 B or Other Operating Expenses of 5.2 B can show how well Hanesbrands performed in making a profits. Evaluating Hanesbrands income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hanesbrands's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hanesbrands 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 Hanesbrands is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanesbrands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.

About Hanesbrands Income Statement Analysis

Hanesbrands 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 Hanesbrands shareholders. The income statement also shows Hanesbrands 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).

Hanesbrands Income Statement Chart

As of now, Hanesbrands' EBIT is increasing as compared to previous years. The Hanesbrands' current EBITDA is estimated to increase to about 661.5 M, while Interest Expense is projected to decrease to under 149.6 M.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Hanesbrands 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 Hanesbrands minus its cost of goods sold. It is profit before Hanesbrands 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 Hanesbrands. It is also known as Hanesbrands 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.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from Hanesbrands' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hanesbrands 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanesbrands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.As of now, Hanesbrands' EBIT is increasing as compared to previous years. The Hanesbrands' current EBITDA is estimated to increase to about 661.5 M, while Interest Expense is projected to decrease to under 149.6 M.
 2021 2022 2023 2024 (projected)
Total Revenue6.8B6.2B5.6B5.8B
Interest Expense163.1M157.1M275.4M149.6M

Hanesbrands income statement Correlations

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Hanesbrands Account Relationship Matchups

Hanesbrands income statement Accounts

201920202021202220232024 (projected)
Interest Expense178.6M166.5M163.1M157.1M275.4M149.6M
Total Revenue7.0B6.7B6.8B6.2B5.6B5.8B
Gross Profit2.7B1.8B2.7B2.2B1.9B2.0B
Other Operating Expenses6.1B6.7B6.0B5.7B5.3B5.2B
Operating Income889.7M(16.6M)797.7M519.5M288.8M534.4M
Ebit889.7M29.6M748.0M594.3M363.1M549.1M
Ebitda989.3M156.3M860.7M700.6M468.2M661.5M
Cost Of Revenue4.2B4.8B4.1B4.0B3.7B3.8B
Total Operating Expenses1.8B1.8B1.9B1.7B1.6B1.5B
Income Before Tax679.7M(183.1M)581.1M352.7M(25.1M)(23.8M)
Total Other Income Expense Net(210.0M)(148.7M)(216.7M)(166.8M)(313.9M)(298.2M)
Net Income600.7M(75.6M)521.0M(131.2M)(17.7M)(16.8M)
Income Tax Expense79.0M(107.5M)60.1M483.9M(7.4M)(7.0M)
Depreciation And Amortization99.5M126.6M112.7M106.3M105.0M117.2M
Selling General Administrative1.3B1.3B1.2B1.1B1.1B1.1B
Net Income Applicable To Common Shares600.7M(75.6M)77.2M(127.2M)(114.5M)(108.8M)
Research Development51.5M37.4M39.3M38.9M36.0M40.3M
Net Income From Continuing Ops600.7M(75.6M)521.0M(131.2M)(513.8M)(488.1M)
Non Operating Income Net Other(31.4M)(23.1M)(53.6M)(9.7M)(8.8M)(9.2M)
Selling And Marketing Expenses538.6M502.8M656.1M624.9M545.5M568.2M
Tax Provision79.0M(107.5M)60.1M483.9M476.7M500.5M
Interest Income178.6M166.5M163.1M157.1M180.6M179.4M
Net Interest Income(178.6M)(166.5M)(163.1M)(157.1M)(255.3M)(268.1M)
Extraordinary Items27.4M38.3M(443.7M)4.0M3.6M3.7M
Reconciled Depreciation131.0M132.4M114.2M106.3M106.5M96.5M

Currently Active Assets on Macroaxis

When determining whether Hanesbrands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hanesbrands' 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 Hanesbrands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hanesbrands Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanesbrands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Apparel, Accessories & Luxury Goods 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 Hanesbrands. If investors know Hanesbrands 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 Hanesbrands 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
(0.47)
Earnings Share
(0.24)
Revenue Per Share
15.548
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0539
The market value of Hanesbrands is measured differently than its book value, which is the value of Hanesbrands that is recorded on the company's balance sheet. Investors also form their own opinion of Hanesbrands' value that differs from its market value or its book value, called intrinsic value, which is Hanesbrands' 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 Hanesbrands' market value can be influenced by many factors that don't directly affect Hanesbrands' 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 Hanesbrands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanesbrands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanesbrands' 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.