KLX Historical Income Statement

KLXE Stock  USD 5.25  0.54  11.46%   
Historical analysis of KLX Energy income statement accounts such as Gross Profit of 226.7 M can show how well KLX Energy Services performed in making a profits. Evaluating KLX Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of KLX Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining KLX Energy 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 KLX Energy Services is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLX Energy 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 interest.

About KLX Income Statement Analysis

KLX Energy 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 KLX Energy shareholders. The income statement also shows KLX 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).

KLX Energy Income Statement Chart

At present, KLX Energy's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 61.6 M, whereas Interest Expense is forecasted to decline to about 34.7 M.

Total Revenue

Total revenue comprises all receipts KLX Energy 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of KLX Energy Services. It is also known as KLX Energy 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.

Operating Income

Operating Income is the amount of profit realized from KLX Energy Services 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 KLX Energy Services 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on KLX Energy income statement and is an important metric when analyzing KLX Energy Services profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from KLX Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into KLX Energy 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLX Energy 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 interest.
At present, KLX Energy's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 61.6 M, whereas Interest Expense is forecasted to decline to about 34.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense29.4M35M36.5M34.7M
Depreciation And Amortization53.9M56.8M72.8M56.8M

KLX Energy income statement Correlations

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0.51-0.610.870.820.75-0.41-0.390.80.620.740.610.740.240.54-0.550.62-0.70.590.42
0.81-0.480.990.820.58-0.34-0.311.00.630.560.460.560.090.37-0.630.71-0.730.520.17
0.31-0.970.670.750.58-0.87-0.860.590.341.00.971.00.010.66-0.550.57-0.590.320.05
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0.240.030.180.420.170.050.130.150.11-0.010.05-0.030.050.260.220.220.09-0.050.2
Click cells to compare fundamentals

KLX Energy Account Relationship Matchups

KLX Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization64.1M59M53.9M56.8M72.8M56.8M
Interest Expense29.2M30.7M29.4M35M36.5M34.7M
Total Revenue544M276.8M436.1M781.6M888.4M506.7M
Gross Profit74M(38M)(6.4M)160.3M215.9M226.7M
Other Operating Expenses572.7M404.3M497.2M749.1M831.5M547.0M
Operating Income(28.7M)(301.1M)(61.1M)32.5M56.9M59.7M
Ebit(28.7M)(301.1M)(64.1M)32.5M58.7M61.6M
Ebitda35.4M(242.1M)(10.2M)89.3M131.5M138.1M
Cost Of Revenue470M314.8M442.5M621.3M672.5M443.0M
Total Operating Expenses102.7M89.5M54.7M127.8M88.1M95.3M
Income Before Tax(104.9M)(331.8M)(93.5M)(2.5M)22.2M23.3M
Total Other Income Expense Net(76.2M)(30.7M)(32.4M)(35M)(34.7M)(36.4M)
Net Income(96.4M)(332.2M)(93.8M)(3.1M)19.2M20.2M
Income Tax Expense600K(8.5M)400K300K3M3.2M
Research Development2.4M2.7M700K600K1.4M1.1M

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When determining whether KLX Energy Services is a strong investment it is important to analyze KLX Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KLX Energy's future performance. For an informed investment choice regarding KLX Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLX Energy 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 interest.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Oil & Gas Equipment & Services 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 KLX Energy. If investors know KLX 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 KLX Energy 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
(0.51)
Earnings Share
(2.98)
Revenue Per Share
45.556
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.01)
The market value of KLX Energy Services is measured differently than its book value, which is the value of KLX that is recorded on the company's balance sheet. Investors also form their own opinion of KLX Energy's value that differs from its market value or its book value, called intrinsic value, which is KLX Energy'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 KLX Energy's market value can be influenced by many factors that don't directly affect KLX Energy'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 KLX Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if KLX Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KLX Energy'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.