Transcat Historical Income Statement

TRNS Stock  USD 105.04  0.58  0.55%   
Historical analysis of Transcat income statement accounts such as Operating Income of 20.8 M, Ebit of 21.3 M, EBITDA of 35.5 M or Cost Of Revenue of 184.5 M can show how well Transcat performed in making a profits. Evaluating Transcat income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Transcat's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Transcat 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 Transcat is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transcat. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Transcat Stock please use our How to Invest in Transcat guide.

About Transcat Income Statement Analysis

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

Transcat Income Statement Chart

At this time, Transcat's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 19.4 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 15.6 M in 2024.

Total Revenue

Total revenue comprises all receipts Transcat 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 Transcat minus its cost of goods sold. It is profit before Transcat 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 Transcat. It is also known as Transcat 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.
Most accounts from Transcat's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Transcat 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 Transcat. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Transcat Stock please use our How to Invest in Transcat guide.At this time, Transcat's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 19.4 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 15.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit58.4M68.4M83.8M88.0M
Total Revenue205.0M230.6M259.5M272.5M

Transcat income statement Correlations

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0.850.970.980.970.990.990.990.950.980.990.77-0.720.980.930.790.88-0.890.41-0.04-0.450.86-0.68
0.640.830.860.830.830.830.820.80.860.850.77-0.430.810.770.590.51-0.730.670.35-0.20.68-0.83
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0.890.970.990.970.990.991.00.950.980.980.980.81-0.760.940.80.85-0.930.480.09-0.490.86-0.7
0.830.860.950.860.930.940.940.810.950.930.930.77-0.690.940.70.81-0.90.580.05-0.460.92-0.78
0.80.810.790.810.80.80.80.810.780.780.790.59-0.760.80.70.92-0.810.590.06-0.570.86-0.24
0.790.820.830.820.850.850.850.80.820.830.880.51-0.750.850.810.92-0.820.47-0.11-0.520.9-0.34
-0.98-0.89-0.92-0.89-0.92-0.91-0.92-0.86-0.92-0.89-0.89-0.730.9-0.93-0.9-0.81-0.82-0.53-0.070.71-0.860.61
0.40.410.520.410.480.470.480.350.530.490.410.67-0.270.480.580.590.47-0.530.44-0.140.72-0.49
-0.010.040.060.040.030.030.050.030.070.05-0.040.350.10.090.050.06-0.11-0.070.440.270.02-0.26
-0.81-0.49-0.48-0.48-0.49-0.48-0.48-0.48-0.47-0.41-0.45-0.20.9-0.49-0.46-0.57-0.520.71-0.140.27-0.520.02
0.790.80.880.790.860.860.860.750.880.850.860.68-0.690.860.920.860.9-0.860.720.02-0.52-0.55
-0.48-0.64-0.74-0.63-0.71-0.71-0.7-0.58-0.75-0.74-0.68-0.830.25-0.7-0.78-0.24-0.340.61-0.49-0.260.02-0.55
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Transcat Account Relationship Matchups

Transcat income statement Accounts

201920202021202220232024 (projected)
Interest Expense1.1M1.1M953K2.8M1.8M1.9M
Total Revenue173.1M173.3M205.0M230.6M259.5M272.5M
Gross Profit42.5M46.1M58.4M68.4M83.8M88.0M
Other Operating Expenses162.2M162.3M190.8M214.3M239.7M251.7M
Operating Income10.9M11.1M14.1M16.2M19.8M20.8M
Ebit10.9M11.1M15.0M16.4M20.3M21.3M
Ebitda17.5M18.7M24.6M27.4M33.8M35.5M
Cost Of Revenue130.6M127.2M146.5M162.2M175.7M184.5M
Total Operating Expenses31.6M35.0M44.3M52.1M64.0M67.2M
Income Before Tax9.7M10.0M13.2M13.5M18.4M19.4M
Net Income8.1M7.8M11.4M10.7M13.6M14.3M
Income Tax Expense1.7M2.2M1.8M2.8M4.8M5.0M
Total Other Income Expense Net(1.1M)(1.1M)(953K)(2.8M)(1.3M)(1.3M)
Depreciation And Amortization6.7M7.6M9.6M11.0M13.5M14.2M
Selling General Administrative13.6M17.3M23.6M27.3M35.3M37.1M
Net Income Applicable To Common Shares8.1M7.8M11.4M10.7M12.3M12.9M
Selling And Marketing Expenses18.0M17.7M20.6M24.8M28.7M15.6M
Net Income From Continuing Ops8.1M7.8M11.4M10.7M13.6M7.5M
Non Operating Income Net Other(1.1M)(1.1M)(953K)(2.8M)(2.5M)(2.4M)
Tax Provision1.7M2.2M1.8M2.8M4.8M2.7M
Net Interest Income(1.1M)(1.1M)(953K)(2.8M)(1.0M)(1.1M)
Reconciled Depreciation6.7M7.6M9.6M11.0M13.5M9.5M

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Additional Tools for Transcat Stock Analysis

When running Transcat's price analysis, check to measure Transcat's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transcat is operating at the current time. Most of Transcat's value examination focuses on studying past and present price action to predict the probability of Transcat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcat's price. Additionally, you may evaluate how the addition of Transcat to your portfolios can decrease your overall portfolio volatility.