Shyft Historical Income Statement

SHYF Stock

USD 14.10 0.16 1.12%

Historical analysis of Shyft income statement accounts such as Other Operating Expenses of 908.7 M, Operating Income of 6.4 M, EBIT of 6.9 M or Ebitda of 20.7 M can show how well Shyft Group performed in making a profits. Evaluating Shyft income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Shyft's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Shyft Group 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 Shyft Group is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

About Shyft Income Statement Analysis

Shyft Group 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 Shyft shareholders. The income statement also shows Shyft 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).

Shyft Income Statement Chart

At this time, Shyft's Gross Profit is most likely to increase significantly in the upcoming years. The Shyft's current Other Operating Expenses is estimated to increase to about 908.7 M, while Operating Income is projected to decrease to roughly 6.4 M.

Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue Net Income From Continuing Ops

Total Revenue

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

Cost Of Revenue

Cost of Revenue is found on Shyft Group income statement and represents the costs associated with goods and services Shyft 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 Shyft's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Shyft Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

	2021	2022	2023	2024 (projected)
Interest Expense	414K	2.8M	6.5M	6.2M
Depreciation And Amortization	11.4M	14.8M	17.0M	17.8M

Interest Expense Depreciation And Amortization

Shyft income statement Correlations

	Depreciation And Amortization	Interest Expense	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	Research Development	Tax Provision	Interest Income	Selling General Administrative	Net Interest Income	Discontinued Operations	Net Income From Continuing Ops	Minority Interest	Reconciled Depreciation	Extraordinary Items	Non Operating Income Net Other
Depreciation And Amortization		0.78	0.84	0.83	0.86	0.33	0.37	0.47	0.61	0.95	0.28	-0.31	0.37	-0.02	0.72	-0.27	0.44	0.76	-0.73	-0.01	0.22	0.48	0.79	-0.71	-0.69
Interest Expense	0.78		0.56	0.57	0.59	0.04	0.1	0.18	0.25	0.8	-0.04	-0.4	0.08	-0.37	0.79	-0.62	0.39	0.69	-0.97	0.01	-0.12	0.34	0.85	-0.6	-0.89
Total Revenue	0.84	0.56		0.92	1.0	0.63	0.61	0.68	0.87	0.9	0.57	-0.1	0.64	0.3	0.51	-0.03	0.64	0.78	-0.46	-0.07	0.52	0.62	0.61	-0.7	-0.51
Gross Profit	0.83	0.57	0.92		0.89	0.78	0.8	0.86	0.75	0.91	0.73	-0.06	0.79	0.41	0.5	0.12	0.52	0.91	-0.51	-0.05	0.68	0.81	0.73	-0.88	-0.51
Other Operating Expenses	0.86	0.59	1.0	0.89		0.57	0.54	0.62	0.86	0.91	0.49	-0.15	0.57	0.23	0.54	-0.1	0.64	0.77	-0.49	-0.04	0.45	0.58	0.61	-0.66	-0.54
Operating Income	0.33	0.04	0.63	0.78	0.57		0.98	0.97	0.63	0.45	0.99	0.38	0.99	0.79	0.0	0.6	0.43	0.65	0.03	-0.22	0.96	0.78	0.31	-0.72	-0.02
Ebit	0.37	0.1	0.61	0.8	0.54	0.98		0.99	0.58	0.48	0.98	0.36	0.98	0.79	0.0	0.6	0.4	0.69	-0.04	-0.23	0.96	0.8	0.41	-0.79	-0.05
Ebitda	0.47	0.18	0.68	0.86	0.62	0.97	0.99		0.64	0.56	0.97	0.3	0.97	0.76	0.08	0.54	0.44	0.75	-0.12	-0.22	0.94	0.81	0.48	-0.84	-0.13
Cost Of Revenue	0.61	0.25	0.87	0.75	0.86	0.63	0.58	0.64		0.65	0.59	0.05	0.61	0.44	0.25	0.17	0.59	0.64	-0.14	-0.13	0.56	0.46	0.42	-0.51	-0.26
Total Operating Expenses	0.95	0.8	0.9	0.91	0.91	0.45	0.48	0.56	0.65		0.37	-0.38	0.47	0.03	0.75	-0.25	0.46	0.88	-0.76	0.13	0.32	0.65	0.83	-0.75	-0.74
Income Before Tax	0.28	-0.04	0.57	0.73	0.49	0.99	0.98	0.97	0.59	0.37		0.48	0.98	0.85	-0.12	0.68	0.41	0.57	0.12	-0.31	0.98	0.71	0.26	-0.7	0.09
Total Other Income Expense Net	-0.31	-0.4	-0.1	-0.06	-0.15	0.38	0.36	0.3	0.05	-0.38	0.48		0.41	0.62	-0.62	0.6	0.21	-0.26	0.49	-0.85	0.44	-0.07	-0.35	-0.14	0.53
Net Income	0.37	0.08	0.64	0.79	0.57	0.99	0.98	0.97	0.61	0.47	0.98	0.41		0.75	0.0	0.56	0.47	0.64	0.0	-0.28	0.94	0.76	0.33	-0.74	-0.02
Income Tax Expense	-0.02	-0.37	0.3	0.41	0.23	0.79	0.79	0.76	0.44	0.03	0.85	0.62	0.75		-0.43	0.88	0.2	0.24	0.43	-0.4	0.9	0.45	-0.02	-0.47	0.36
Research Development	0.72	0.79	0.51	0.5	0.54	0.0	0.0	0.08	0.25	0.75	-0.12	-0.62	0.0	-0.43		-0.5	0.11	0.57	-0.84	0.3	-0.16	0.3	0.69	-0.4	-0.91
Tax Provision	-0.27	-0.62	-0.03	0.12	-0.1	0.6	0.6	0.54	0.17	-0.25	0.68	0.6	0.56	0.88	-0.5		-0.1	-0.05	0.62	-0.34	0.76	0.29	-0.27	-0.22	0.55
Interest Income	0.44	0.39	0.64	0.52	0.64	0.43	0.4	0.44	0.59	0.46	0.41	0.21	0.47	0.2	0.11	-0.1		0.47	-0.17	-0.33	0.29	0.23	0.32	-0.4	-0.23
Selling General Administrative	0.76	0.69	0.78	0.91	0.77	0.65	0.69	0.75	0.64	0.88	0.57	-0.26	0.64	0.24	0.57	-0.05	0.47		-0.65	0.13	0.53	0.78	0.89	-0.84	-0.65
Net Interest Income	-0.73	-0.97	-0.46	-0.51	-0.49	0.03	-0.04	-0.12	-0.14	-0.76	0.12	0.49	0.0	0.43	-0.84	0.62	-0.17	-0.65		-0.12	0.17	-0.33	-0.84	0.56	0.91
Discontinued Operations	-0.01	0.01	-0.07	-0.05	-0.04	-0.22	-0.23	-0.22	-0.13	0.13	-0.31	-0.85	-0.28	-0.4	0.3	-0.34	-0.33	0.13	-0.12		-0.26	0.13	0.06	0.32	-0.18
Net Income From Continuing Ops	0.22	-0.12	0.52	0.68	0.45	0.96	0.96	0.94	0.56	0.32	0.98	0.44	0.94	0.9	-0.16	0.76	0.29	0.53	0.17	-0.26		0.75	0.2	-0.67	0.15
Minority Interest	0.48	0.34	0.62	0.81	0.58	0.78	0.8	0.81	0.46	0.65	0.71	-0.07	0.76	0.45	0.3	0.29	0.23	0.78	-0.33	0.13	0.75		0.49	-0.72	-0.23
Reconciled Depreciation	0.79	0.85	0.61	0.73	0.61	0.31	0.41	0.48	0.42	0.83	0.26	-0.35	0.33	-0.02	0.69	-0.27	0.32	0.89	-0.84	0.06	0.2	0.49		-0.8	-0.82
Extraordinary Items	-0.71	-0.6	-0.7	-0.88	-0.66	-0.72	-0.79	-0.84	-0.51	-0.75	-0.7	-0.14	-0.74	-0.47	-0.4	-0.22	-0.4	-0.84	0.56	0.32	-0.67	-0.72	-0.8		0.51
Non Operating Income Net Other	-0.69	-0.89	-0.51	-0.51	-0.54	-0.02	-0.05	-0.13	-0.26	-0.74	0.09	0.53	-0.02	0.36	-0.91	0.55	-0.23	-0.65	0.91	-0.18	0.15	-0.23	-0.82	0.51

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Shyft Account Relationship Matchups

Shyft income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	11.2M	13.9M	11.4M	14.8M	17.0M	17.8M
Interest Expense	1.8M	1.3M	414K	2.8M	6.5M	6.2M
Total Revenue	756.5M	676.0M	991.8M	1.0B	872.2M	915.8M
Gross Profit	117.0M	146.3M	199.3M	180.4M	150.4M	157.9M
Other Operating Expenses	708.9M	627.1M	907.7M	979.7M	865.4M	908.7M
Operating Income	37.9M	35.3M	84.1M	47.5M	6.8M	6.4M
Ebit	37.9M	49.4M	84.9M	46.8M	7.2M	6.9M
Ebitda	49.1M	63.4M	96.3M	61.5M	24.2M	20.7M
Cost Of Revenue	639.5M	529.7M	792.5M	846.7M	721.8M	362.1M
Total Operating Expenses	69.3M	97.4M	115.2M	132.9M	143.6M	150.8M
Income Before Tax	47.1M	48.2M	84.5M	43.9M	696K	661.2K
Total Other Income Expense Net	9.3M	(692K)	428K	(3.6M)	(6.1M)	(5.8M)
Net Income	36.8M	32.8M	68.9M	36.6M	6.5M	10.4M
Income Tax Expense	10.4M	9.9M	14.5M	7.4M	(5.8M)	(5.5M)
Research Development	4.9M	4.4M	8.5M	25.3M	25.2M	26.4M
Tax Provision	10.4M	9.9M	14.5M	7.4M	(5.8M)	(5.5M)
Interest Income	2.2M	1.4M	601K	842K	968.3K	1.0M
Selling General Administrative	64.5M	93.1M	106.7M	107.6M	118.4M	90.2M
Net Income Applicable To Common Shares	(12.6M)	32.8M	68.9M	36.6M	42.0M	44.1M
Net Interest Income	(469K)	(692K)	428K	(2.8M)	(6.5M)	(6.2M)
Discontinued Operations	(3.1M)	(49.2M)	(5.1M)	181K	162.9K	171.0K
Net Income From Continuing Ops	36.8M	38.3M	70.0M	36.6M	6.5M	6.1M
Minority Interest	(518K)	(171K)	1.2M	(128K)	32K	33.6K
Reconciled Depreciation	11.2M	14.2M	11.4M	14.8M	17.0M	13.9M

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When determining whether Shyft Group is a strong investment it is important to analyze Shyft'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 Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:

How To Invest In Shyft

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Is Shyft Stock a good investment?

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What is Shyft's Net Worth?

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You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Is Industrial Machinery & Supplies & Components 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 Shyft. If investors know Shyft 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 Shyft 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

(0.31)

Dividend Share

0.2

Earnings Share

(0.10)

Revenue Per Share

22.898

Quarterly Revenue Growth

(0.04)

The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft'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 Shyft's market value can be influenced by many factors that don't directly affect Shyft'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 Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft'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.

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Shyft Historical Income Statement

About Shyft Income Statement Analysis

Shyft Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Shyft income statement Correlations

Shyft Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shyft income statement Accounts

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COMMON DESTINATIONS

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COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Income Before Tax	+ 0.99	Operating Income
Net Income	+ 0.99	Operating Income
Ebitda	+ 0.99	Ebit
Ebit	+ 0.98	Operating Income
Income Before Tax	+ 0.98	Ebit

Net Interest Income	- 0.97	Interest Expense
Non Operating Income Net Other	- 0.91	Research Development
Non Operating Income Net Other	- 0.89	Interest Expense
Extraordinary Items	- 0.88	Gross Profit
Discontinued Operations	- 0.85	Total Other Income Expense Net
Reconciled Depreciation	- 0.84	Net Interest Income