Steel Historical Income Statement

SPLP Stock  USD 41.00  0.69  1.66%   
Historical analysis of Steel Partners income statement accounts such as Gross Profit of 391.2 M, Other Operating Expenses of 1.1 B, Operating Income of 199.5 M or Ebit of 115.5 M can show how well Steel Partners Holdings performed in making a profits. Evaluating Steel Partners income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Steel Partners's future profits or losses.
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Steel Partners Holdings 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 Steel Partners Holdings 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 Steel Partners Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Steel Income Statement Analysis

Steel Partners Holdings 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 Steel Partners shareholders. The income statement also shows Steel 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).

Steel Partners Income Statement Chart

At this time, Steel Partners' Tax Provision is relatively stable compared to the past year. As of 02/26/2025, Reconciled Depreciation is likely to grow to about 52.5 M, while Total Revenue is likely to drop slightly above 1.2 B.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Steel Partners Holdings minus its cost of goods sold. It is profit before Steel Partners 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 Steel Partners Holdings. It is also known as Steel Partners 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.

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.
Most accounts from Steel Partners' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Steel Partners Holdings 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 Steel Partners Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Steel Partners' Tax Provision is relatively stable compared to the past year. As of 02/26/2025, Reconciled Depreciation is likely to grow to about 52.5 M, while Total Revenue is likely to drop slightly above 1.2 B.
 2022 2023 2024 2025 (projected)
Interest Expense20.6M18.4M21.2M20.0M
Depreciation And Amortization53.8M56.6M65.0M32.6M

Steel Partners income statement Correlations

-0.050.10.40.490.340.570.270.550.350.340.720.50.740.13-0.260.380.220.66-0.350.210.23-0.4-0.28-0.66
-0.050.340.650.580.660.390.590.50.680.60.23-0.140.060.31-0.570.37-0.4-0.010.160.250.610.51-0.41-0.02
0.10.340.740.730.750.750.720.660.740.760.580.080.60.09-0.60.64-0.080.58-0.080.760.510.13-0.77-0.62
0.40.650.740.991.00.780.880.891.00.980.680.170.590.31-0.780.78-0.170.49-0.080.630.730.2-0.69-0.56
0.490.580.730.990.980.790.840.880.970.980.730.250.660.3-0.750.78-0.150.58-0.140.660.720.11-0.72-0.65
0.340.660.751.00.980.750.870.861.00.990.640.140.550.3-0.780.79-0.190.46-0.060.640.730.23-0.7-0.54
0.570.390.750.780.790.750.840.910.760.690.860.420.840.27-0.60.550.00.73-0.240.530.68-0.04-0.59-0.73
0.270.590.720.880.840.870.840.950.890.790.60.180.530.35-0.740.65-0.030.340.10.360.730.24-0.44-0.4
0.550.50.660.890.880.860.910.950.880.790.740.310.690.34-0.720.690.040.51-0.030.380.710.08-0.47-0.56
0.350.680.741.00.971.00.760.890.880.970.640.140.550.31-0.790.78-0.190.43-0.050.60.740.25-0.66-0.51
0.340.60.760.980.980.990.690.790.790.970.620.130.560.26-0.750.79-0.190.5-0.090.70.670.17-0.75-0.58
0.720.230.580.680.730.640.860.60.740.640.620.710.90.44-0.560.5-0.120.87-0.490.640.69-0.27-0.52-0.9
0.5-0.140.080.170.250.140.420.180.310.140.130.710.50.67-0.130.04-0.270.59-0.690.220.5-0.320.02-0.59
0.740.060.60.590.660.550.840.530.690.550.560.90.50.04-0.390.470.260.91-0.280.650.44-0.35-0.53-0.88
0.130.310.090.310.30.30.270.350.340.310.260.440.670.04-0.530.23-0.590.09-0.380.030.680.050.03-0.21
-0.26-0.57-0.6-0.78-0.75-0.78-0.6-0.74-0.72-0.79-0.75-0.56-0.13-0.39-0.53-0.750.19-0.27-0.07-0.47-0.72-0.180.50.4
0.380.370.640.780.780.790.550.650.690.780.790.50.040.470.23-0.750.040.380.10.510.540.1-0.55-0.49
0.22-0.4-0.08-0.17-0.15-0.190.0-0.030.04-0.19-0.19-0.12-0.270.26-0.590.190.040.030.58-0.18-0.4-0.20.220.08
0.66-0.010.580.490.580.460.730.340.510.430.50.870.590.910.09-0.270.380.03-0.530.760.43-0.36-0.65-0.96
-0.350.16-0.08-0.08-0.14-0.06-0.240.1-0.03-0.05-0.09-0.49-0.69-0.28-0.38-0.070.10.58-0.53-0.34-0.280.140.260.53
0.210.250.760.630.660.640.530.360.380.60.70.640.220.650.03-0.470.51-0.180.76-0.340.48-0.01-0.81-0.77
0.230.610.510.730.720.730.680.730.710.740.670.690.50.440.68-0.720.54-0.40.43-0.280.480.16-0.43-0.51
-0.40.510.130.20.110.23-0.040.240.080.250.17-0.27-0.32-0.350.05-0.180.1-0.2-0.360.14-0.010.16-0.080.42
-0.28-0.41-0.77-0.69-0.72-0.7-0.59-0.44-0.47-0.66-0.75-0.520.02-0.530.030.5-0.550.22-0.650.26-0.81-0.43-0.080.68
-0.66-0.02-0.62-0.56-0.65-0.54-0.73-0.4-0.56-0.51-0.58-0.9-0.59-0.88-0.210.4-0.490.08-0.960.53-0.77-0.510.420.68
Click cells to compare fundamentals

Steel Partners Account Relationship Matchups

Steel Partners income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization74.3M70.8M53.8M56.6M65.0M32.6M
Interest Expense29.5M22.3M20.6M18.4M21.2M20.0M
Selling General Administrative356.8K304.0M383.4M479.0M550.9M578.4M
Total Revenue1.3B1.5B1.7B1.9B2.2B1.2B
Gross Profit439.0M513.1M581.6M670.2M770.7M391.2M
Other Operating Expenses1.2B1.3B1.5B1.7B2.0B1.1B
Operating Income65.6M247.2M178.8M165.2M190.0M199.5M
Ebit56.6M236.9M178.8M165.2M190.0M115.5M
Ebitda131.0M307.7M232.6M221.8M255.1M148.1M
Cost Of Revenue871.6M1.0B1.1B1.2B1.4B826.9M
Total Operating Expenses312.7M304.1M406.6M505.0M580.7M293.7M
Income Before Tax125.4M200.9M275.5M161.2M185.4M194.7M
Total Other Income Expense Net4.7M68.4M105.7M(4.0M)(4.6M)(4.9M)
Net Income72.7M131.4M206.0M150.8M173.5M182.1M
Income Tax Expense38.1M84.1M73.9M(1.7M)(1.9M)(1.8M)
Net Income Applicable To Common Shares4.0M72.7M131.4M206.0M236.9M248.7M
Minority Interest603K1.2M193K(1.8M)(1.6M)(1.5M)
Net Income From Continuing Ops83.5M132.4M206.2M184.4M212.0M222.6M
Tax Provision38.1M84.1M73.9M16.0M18.4M29.0M
Net Interest Income(29.5M)(22.3M)(20.6M)(85.9M)(77.3M)(73.5M)
Reconciled Depreciation65.3M60.5M53.8M55.0M49.5M52.5M

Pair Trading with Steel Partners

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Steel Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Steel Partners will appreciate offsetting losses from the drop in the long position's value.

Moving against Steel Stock

  0.42GTEC Greenland AcquisitionPairCorr
  0.4MMM 3M CompanyPairCorr
  0.37WAB Westinghouse Air BrakePairCorr
  0.35NXT Nextracker Class APairCorr
  0.34ARRY Array TechnologiesPairCorr
The ability to find closely correlated positions to Steel Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Steel Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Steel Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Steel Partners Holdings to buy it.
The correlation of Steel Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Steel Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steel Partners Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Steel Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Steel Stock Analysis

When running Steel Partners' price analysis, check to measure Steel Partners' 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 Steel Partners is operating at the current time. Most of Steel Partners' value examination focuses on studying past and present price action to predict the probability of Steel Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steel Partners' price. Additionally, you may evaluate how the addition of Steel Partners to your portfolios can decrease your overall portfolio volatility.