Washington Federal Revenue vs. Shares Outstanding

WAFD Stock  USD 35.92  0.15  0.42%   
Taking into consideration Washington Federal's profitability measurements, Washington Federal is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Washington Federal's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
1989-06-30
Previous Quarter
409.1 M
Current Value
188.6 M
Quarterly Volatility
54.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
The current year's Price To Sales Ratio is expected to grow to 44.76. The current year's Days Sales Outstanding is expected to grow to 69.14. At present, Washington Federal's Total Other Income Expense Net is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 201.6 M, whereas Net Income is forecasted to decline to about 145.5 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin22.321.24
Sufficiently Up
Slightly volatile
Net Profit Margin3.463.296
Sufficiently Up
Slightly volatile
Pretax Profit Margin4.434.2189
Sufficiently Up
Slightly volatile
Return On Assets0.00680.0071
Notably Down
Slightly volatile
Return On Equity0.130.0667
Way Up
Pretty Stable
For Washington Federal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Washington Federal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Washington Federal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Washington Federal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Washington Federal over time as well as its relative position and ranking within its peers.
  
Check out Your Current Watchlist.
For information on how to trade Washington Stock refer to our How to Trade Washington Stock guide.
Is Regional Banks 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 Washington Federal. If investors know Washington 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 Washington Federal 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
(0.01)
Earnings Share
2.5
Revenue Per Share
9.483
Quarterly Revenue Growth
0.245
Return On Assets
0.0079
The market value of Washington Federal is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Federal's value that differs from its market value or its book value, called intrinsic value, which is Washington Federal'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 Washington Federal's market value can be influenced by many factors that don't directly affect Washington Federal'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 Washington Federal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Federal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Federal'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.

Washington Federal Shares Outstanding vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Washington Federal's current stock value. Our valuation model uses many indicators to compare Washington Federal value to that of its competitors to determine the firm's financial worth.
Washington Federal is rated below average in revenue category among its peers. It also is rated below average in shares outstanding category among its peers creating about  1.34  of Shares Outstanding per Revenue. At present, Washington Federal's Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Washington Federal by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Washington Revenue vs. Competition

Washington Federal is rated below average in revenue category among its peers. Market size based on revenue of Financials industry is at this time estimated at about 569.78 Billion. Washington Federal adds roughly 60.69 Million in revenue claiming only tiny portion of equities under Financials industry.

Washington Shares Outstanding vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Washington Federal

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
60.69 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Washington Federal

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
81.35 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Washington Shares Outstanding Comparison

Washington Federal is currently under evaluation in shares outstanding category among its peers.

Washington Federal Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Washington Federal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Washington Federal will eventually generate negative long term returns. The profitability progress is the general direction of Washington Federal's change in net profit over the period of time. It can combine multiple indicators of Washington Federal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income55.9 M58.6 M
Operating Income-1.1 B-1 B
Net Income200 M145.5 M
Income Tax Expense56 M52.2 M
Income Before Tax256.1 M208.5 M
Total Other Income Expense Net1.4 B1.4 B
Net Income Applicable To Common Shares296 M164.2 M
Net Income From Continuing Ops200 M201.6 M
Net Interest Income660.8 M565.3 M
Interest Income1.4 B790.8 M
Change To Netincome8.1 M7.6 M
Net Income Per Share 2.69  2.83 
Income Quality 2.20  2.31 
Net Income Per E B T 0.78  0.55 

Washington Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Washington Federal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Washington Federal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Washington Federal's important profitability drivers and their relationship over time.

Use Washington Federal in pair-trading

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 Washington Federal 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 Washington Federal will appreciate offsetting losses from the drop in the long position's value.

Washington Federal Pair Trading

Washington Federal Pair Trading Analysis

The ability to find closely correlated positions to Washington Federal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Washington Federal 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 Washington Federal - 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 Washington Federal to buy it.
The correlation of Washington Federal 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 Washington Federal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Washington Federal 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 Washington Federal 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

Use Investing Themes to Complement your Washington Federal position

In addition to having Washington Federal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Sector ETFs Thematic Idea Now

Sector ETFs
Sector ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sector ETFs theme has 439 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Sector ETFs Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Washington Federal is a strong investment it is important to analyze Washington Federal'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 Washington Federal's future performance. For an informed investment choice regarding Washington Stock, refer to the following important reports:
Check out Your Current Watchlist.
For information on how to trade Washington Stock refer to our How to Trade Washington Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
To fully project Washington Federal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Washington Federal at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Washington Federal's income statement, its balance sheet, and the statement of cash flows.
Potential Washington Federal investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Washington Federal investors may work on each financial statement separately, they are all related. The changes in Washington Federal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Washington Federal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.