HEES Historical Income Statement

HEES Stock

USD 59.33 0.94 1.56%

Historical analysis of HE Equipment income statement accounts such as Selling General Administrative of 216.8 M or Total Revenue of 980.4 M can show how well HE Equipment Services performed in making a profits. Evaluating HE Equipment income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of HE Equipment's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining HE Equipment Services 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 HE Equipment Services is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HE Equipment Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About HEES Income Statement Analysis

HE Equipment Services 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 HE Equipment shareholders. The income statement also shows HEES 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).

HE Equipment Income Statement Chart

At this time, HE Equipment's Income Tax Expense is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 177.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 216.8 M in 2024.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Net Income

Total Revenue

Total revenue comprises all receipts HE Equipment Services 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 HE Equipment Services minus its cost of goods sold. It is profit before HE Equipment 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 HE Equipment Services. It is also known as HE Equipment 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 Income

Net income is one of the most important fundamental items in finance. It plays a large role in HE Equipment Services financial statement analysis. It represents the amount of money remaining after all of HE Equipment Services operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most accounts from HE Equipment's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into HE Equipment Services 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 HE Equipment Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

	2021	2022	2023	2024 (projected)
Gross Profit	415.4M	555.2M	684.5M	718.7M
Total Revenue	1.1B	1.2B	1.5B	980.4M

Gross Profit Total Revenue

HE Equipment income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Operating Income Net Other	Selling And Marketing Expenses	Tax Provision	Interest Income	Non Recurring	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Discontinued Operations
Depreciation And Amortization		0.67	0.84	0.79	0.98	0.77	0.15	0.49	0.83	0.67	0.84	0.76	-0.2	0.74	0.52	0.73	0.1	0.1	0.24	0.82	0.25	-0.61	0.86	0.63	-0.73
Interest Expense	0.67		0.84	0.94	0.63	0.96	-0.03	-0.09	0.29	0.97	0.82	0.33	0.12	0.34	0.2	0.32	-0.12	0.13	-0.16	0.5	0.26	-0.47	0.4	0.13	-0.11
Selling General Administrative	0.84	0.84		0.95	0.8	0.92	-0.08	0.25	0.6	0.81	1.0	0.56	-0.07	0.55	0.37	0.54	0.02	0.15	0.08	0.84	0.26	-0.48	0.78	0.44	-0.5
Total Revenue	0.79	0.94	0.95		0.78	0.99	0.04	0.16	0.51	0.95	0.94	0.54	0.08	0.52	0.38	0.51	0.02	0.17	0.05	0.7	0.22	-0.53	0.65	0.37	-0.37
Gross Profit	0.98	0.63	0.8	0.78		0.75	0.28	0.54	0.86	0.66	0.8	0.85	-0.13	0.83	0.59	0.83	0.21	0.13	0.32	0.78	0.12	-0.62	0.85	0.69	-0.78
Other Operating Expenses	0.77	0.96	0.92	0.99	0.75		0.01	0.1	0.47	0.97	0.92	0.47	0.08	0.46	0.34	0.44	-0.04	0.13	0.0	0.66	0.27	-0.55	0.59	0.3	-0.3
Operating Income	0.15	-0.03	-0.08	0.04	0.28	0.01		0.27	0.25	0.05	-0.07	0.5	-0.1	0.52	0.29	0.52	0.33	0.22	0.26	-0.14	-0.52	-0.06	0.07	0.6	-0.34
Ebit	0.49	-0.09	0.25	0.16	0.54	0.1	0.27		0.89	-0.01	0.27	0.66	-0.48	0.57	0.6	0.57	0.35	0.17	0.59	0.44	-0.06	0.03	0.61	0.65	-0.8
Ebitda	0.83	0.29	0.6	0.51	0.86	0.47	0.25	0.89		0.35	0.61	0.81	-0.41	0.75	0.65	0.75	0.27	0.16	0.5	0.71	0.09	-0.3	0.83	0.74	-0.89
Cost Of Revenue	0.67	0.97	0.81	0.95	0.66	0.97	0.05	-0.01	0.35		0.8	0.38	0.17	0.36	0.29	0.35	-0.08	0.11	-0.05	0.5	0.25	-0.54	0.43	0.19	-0.15
Total Operating Expenses	0.84	0.82	1.0	0.94	0.8	0.92	-0.07	0.27	0.61	0.8		0.57	-0.07	0.56	0.38	0.55	0.03	0.16	0.09	0.85	0.26	-0.48	0.8	0.46	-0.51
Income Before Tax	0.76	0.33	0.56	0.54	0.85	0.47	0.5	0.66	0.81	0.38	0.57		0.01	0.95	0.74	0.95	0.61	0.34	0.57	0.56	-0.36	-0.37	0.71	0.7	-0.84
Total Other Income Expense Net	-0.2	0.12	-0.07	0.08	-0.13	0.08	-0.1	-0.48	-0.41	0.17	-0.07	0.01		0.0	0.03	0.0	0.34	-0.01	0.05	-0.15	-0.29	-0.33	-0.19	-0.27	0.35
Net Income	0.74	0.34	0.55	0.52	0.83	0.46	0.52	0.57	0.75	0.36	0.56	0.95	0.0		0.49	1.0	0.46	0.21	0.32	0.52	-0.37	-0.37	0.67	0.68	-0.8
Income Tax Expense	0.52	0.2	0.37	0.38	0.59	0.34	0.29	0.6	0.65	0.29	0.38	0.74	0.03	0.49		0.49	0.72	0.49	0.92	0.42	-0.2	-0.25	0.54	0.49	-0.61
Net Income From Continuing Ops	0.73	0.32	0.54	0.51	0.83	0.44	0.52	0.57	0.75	0.35	0.55	0.95	0.0	1.0	0.49		0.46	0.21	0.32	0.52	-0.37	-0.36	0.67	0.68	-0.81
Non Operating Income Net Other	0.1	-0.12	0.02	0.02	0.21	-0.04	0.33	0.35	0.27	-0.08	0.03	0.61	0.34	0.46	0.72	0.46		0.52	0.78	0.05	-0.73	0.05	0.17	0.26	-0.35
Selling And Marketing Expenses	0.1	0.13	0.15	0.17	0.13	0.13	0.22	0.17	0.16	0.11	0.16	0.34	-0.01	0.21	0.49	0.21	0.52		0.36	-0.06	-0.39	0.38	0.02	0.14	-0.15
Tax Provision	0.24	-0.16	0.08	0.05	0.32	0.0	0.26	0.59	0.5	-0.05	0.09	0.57	0.05	0.32	0.92	0.32	0.78	0.36		0.26	-0.28	-0.11	0.4	0.43	-0.53
Interest Income	0.82	0.5	0.84	0.7	0.78	0.66	-0.14	0.44	0.71	0.5	0.85	0.56	-0.15	0.52	0.42	0.52	0.05	-0.06	0.26		0.38	-0.63	0.96	0.61	-0.62
Non Recurring	0.25	0.26	0.26	0.22	0.12	0.27	-0.52	-0.06	0.09	0.25	0.26	-0.36	-0.29	-0.37	-0.2	-0.37	-0.73	-0.39	-0.28	0.38		-0.36	0.26	-0.03	0.05
Net Interest Income	-0.61	-0.47	-0.48	-0.53	-0.62	-0.55	-0.06	0.03	-0.3	-0.54	-0.48	-0.37	-0.33	-0.37	-0.25	-0.36	0.05	0.38	-0.11	-0.63	-0.36		-0.58	-0.37	0.25
Reconciled Depreciation	0.86	0.4	0.78	0.65	0.85	0.59	0.07	0.61	0.83	0.43	0.8	0.71	-0.19	0.67	0.54	0.67	0.17	0.02	0.4	0.96	0.26	-0.58		0.78	-0.8
Extraordinary Items	0.63	0.13	0.44	0.37	0.69	0.3	0.6	0.65	0.74	0.19	0.46	0.7	-0.27	0.68	0.49	0.68	0.26	0.14	0.43	0.61	-0.03	-0.37	0.78		-0.75
Discontinued Operations	-0.73	-0.11	-0.5	-0.37	-0.78	-0.3	-0.34	-0.8	-0.89	-0.15	-0.51	-0.84	0.35	-0.8	-0.61	-0.81	-0.35	-0.15	-0.53	-0.62	0.05	0.25	-0.8	-0.75

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HE Equipment Account Relationship Matchups

HE Equipment income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	276.5M	271.7M	272.2M	315.5M	388.4M	407.8M
Interest Expense	68.3M	61.8M	53.8M	54.0M	60.9M	43.2M
Selling General Administrative	310.4M	289.1M	289.0M	342.8M	397.3M	216.8M
Total Revenue	1.3B	1.2B	1.1B	1.2B	1.5B	980.4M
Gross Profit	499.2M	402.6M	415.4M	555.2M	684.5M	718.7M
Other Operating Expenses	1.2B	1.1B	937.6M	1.0B	1.2B	867.1M
Operating Income	(84.4M)	(150.8M)	(134.5M)	(83.0M)	276.7M	290.5M
Ebit	(84.4M)	2.0M	135.5M	234.8M	284.1M	298.3M
Ebitda	192.1M	273.6M	407.7M	550.3M	672.5M	706.1M
Cost Of Revenue	849.2M	766.5M	647.4M	689.4M	784.8M	648.2M
Total Operating Expenses	311.0M	289.3M	290.1M	343.8M	407.8M	218.9M
Income Before Tax	115.9M	(41.4M)	81.7M	180.7M	223.2M	234.4M
Total Other Income Expense Net	200.2M	(103.2M)	(50.6M)	(47.4M)	(53.5M)	(50.8M)
Net Income Applicable To Common Shares	87.2M	(32.7M)	102.5M	132.2M	152.0M	159.6M
Net Income	87.2M	(32.7M)	60.6M	132.2M	169.3M	177.8M
Income Tax Expense	28.7M	(8.7M)	21.2M	47.0M	53.9M	56.6M
Net Income From Continuing Ops	87.2M	(32.7M)	60.6M	133.7M	169.3M	177.8M
Non Operating Income Net Other	4.0M	(41.4M)	3.2M	6.6M	5.9M	6.2M
Tax Provision	28.7M	(8.7M)	21.2M	47.0M	53.9M	56.6M
Non Recurring	(7.1M)	7.6M	51.5M	662K	761.3K	723.2K
Net Interest Income	(68.3M)	(61.8M)	(53.8M)	(54.0M)	(60.9M)	(63.9M)
Reconciled Depreciation	276.5M	267.3M	262.9M	301.0M	388.4M	302.6M

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HEES Historical Income Statement

About HEES Income Statement Analysis

HE Equipment Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Net Income

HE Equipment income statement Correlations

HE Equipment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

HE Equipment income statement Accounts

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COMMON DESTINATIONS

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COMPANY

Total Operating Expenses	+ 1.0	Selling General Administrative
Net Income From Continuing Ops	+ 1.0	Net Income
Other Operating Expenses	+ 0.99	Total Revenue
Gross Profit	+ 0.98	Depreciation And Amortization
Cost Of Revenue	+ 0.97	Interest Expense
Cost Of Revenue	+ 0.97	Other Operating Expenses

Discontinued Operations	- 0.89	Ebitda
Discontinued Operations	- 0.84	Income Before Tax
Discontinued Operations	- 0.81	Net Income From Continuing Ops
Discontinued Operations	- 0.8	Reconciled Depreciation
Discontinued Operations	- 0.8	Net Income
Discontinued Operations	- 0.8	Ebit