Grand Historical Income Statement
LOPE Stock | USD 169.43 0.35 0.21% |
Historical analysis of Grand Canyon income statement accounts such as Operating Income of 174.4 M can show how well Grand Canyon Education performed in making a profits. Evaluating Grand Canyon income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Grand Canyon's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Grand Canyon Education 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 Grand Canyon Education is a good buy for the upcoming year.
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About Grand Income Statement Analysis
Grand Canyon Education 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 Grand Canyon shareholders. The income statement also shows Grand 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).
Grand Canyon Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Grand Canyon Education 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 Grand Canyon Education minus its cost of goods sold. It is profit before Grand Canyon 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.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Cost Of Revenue
Cost of Revenue is found on Grand Canyon Education income statement and represents the costs associated with goods and services Grand Canyon provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Grand Canyon's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Grand Canyon Education 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 Grand Canyon Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. As of December 11, 2024, Interest Expense is expected to decline to about 31.4 K. In addition to that, Total Revenue is expected to decline to about 643.9 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 515.3M | 487.5M | 503.7M | 367.5M | Total Revenue | 896.6M | 911.3M | 960.9M | 643.9M |
Grand Canyon income statement Correlations
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Grand Canyon Account Relationship Matchups
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Grand Canyon income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 11.3M | 4.4M | 3.6M | 2K | 33K | 31.4K | |
Total Revenue | 778.6M | 844.1M | 896.6M | 911.3M | 960.9M | 643.9M | |
Gross Profit | 464.5M | 493.6M | 515.3M | 487.5M | 503.7M | 367.5M | |
Operating Income | 265.1M | 277.4M | 282.2M | 237.5M | 249.3M | 174.4M | |
Ebit | 265.1M | 277.4M | 334.9M | 240.1M | 259.7M | 181.7M | |
Ebitda | 355.3M | 307.1M | 364.8M | 271.3M | 291.7M | 211.1M | |
Net Income | 259.2M | 257.2M | 260.3M | 184.7M | 205.0M | 131.7M | |
Income Tax Expense | 58.3M | 75.9M | 70.9M | 55.4M | 54.7M | 50.6M | |
Depreciation And Amortization | 90.2M | 29.7M | 29.9M | 31.2M | 32.0M | 31.1M | |
Selling General Administrative | 44.3M | 43.4M | 41.8M | 45.5M | 43.2M | 41.1M | |
Other Operating Expenses | 509.5M | 566.7M | 614.4M | 673.8M | 711.6M | 493.9M | |
Cost Of Revenue | 314.1M | 350.5M | 381.3M | 423.8M | 457.2M | 291.8M | |
Total Operating Expenses | 195.4M | 216.1M | 233.1M | 250M | 254.5M | 202.2M | |
Income Before Tax | 317.5M | 333.1M | 331.3M | 240.1M | 259.7M | 192.5M | |
Total Other Income Expense Net | 52.4M | 55.7M | 49.1M | 2.6M | 10.4M | 8.7M | |
Net Income Applicable To Common Shares | 259.2M | 257.2M | 260.3M | 184.7M | 212.4M | 133.6M | |
Selling And Marketing Expenses | 142.9M | 164.3M | 182.9M | 196.1M | 202.8M | 134.2M | |
Net Income From Continuing Ops | 259.2M | 257.2M | 260.3M | 184.7M | 195.3M | 185.2M | |
Non Operating Income Net Other | 4.4M | 915K | 610K | 2.6M | 3.0M | 2.0M | |
Tax Provision | 58.3M | 75.9M | 70.9M | 55.4M | 55.6M | 55.1M | |
Interest Income | 59.3M | 59.2M | 52.7M | 2.6M | 8.8M | 8.4M | |
Net Interest Income | 48.0M | 54.8M | 49.1M | 2.6M | 8.8M | 8.3M | |
Reconciled Depreciation | 26.9M | 29.7M | 30.4M | 31.2M | 31.1M | 27.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Grand Canyon Education is a strong investment it is important to analyze Grand Canyon'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 Grand Canyon's future performance. For an informed investment choice regarding Grand Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Grand Canyon Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Diversified Consumer 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 Grand Canyon. If investors know Grand 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 Grand Canyon 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 0.193 | Earnings Share 7.61 | Revenue Per Share 34.74 | Quarterly Revenue Growth 0.074 | Return On Assets 0.184 |
The market value of Grand Canyon Education is measured differently than its book value, which is the value of Grand that is recorded on the company's balance sheet. Investors also form their own opinion of Grand Canyon's value that differs from its market value or its book value, called intrinsic value, which is Grand Canyon'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 Grand Canyon's market value can be influenced by many factors that don't directly affect Grand Canyon'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 Grand Canyon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grand Canyon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grand Canyon'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.