Fortress Historical Income Statement
| FTAIN Stock | USD 25.52 0.03 0.12% |
Historical analysis of Fortress Transportation income statement accounts such as Selling General Administrative of 13.3 M or Total Revenue of 1.2 B can show how well Fortress Transportation and performed in making a profits. Evaluating Fortress Transportation income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Fortress Transportation's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Fortress Transportation 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 Fortress Transportation is a good buy for the upcoming year.
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About Fortress Income Statement Analysis
Fortress Transportation 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 Fortress Transportation shareholders. The income statement also shows Fortress 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).
Fortress Transportation Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Fortress Transportation 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 Fortress Transportation and minus its cost of goods sold. It is profit before Fortress Transportation 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 Fortress Transportation. It is also known as Fortress Transportation 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 Fortress Transportation's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Fortress Transportation 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortress Transportation and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Fortress Transportation's EBITDA is very stable compared to the past year. As of the 11th of December 2024, Cost Of Revenue is likely to grow to about 705.6 M, while Depreciation And Amortization is likely to drop about 117.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 171.0M | 169.2M | 161.6M | 169.7M | Depreciation And Amortization | 147.7M | 166.8M | 185.0M | 117.2M |
Fortress Transportation income statement Correlations
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Fortress Transportation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fortress Transportation income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 201.4M | 176.1M | 147.7M | 166.8M | 185.0M | 117.2M | |
| Interest Expense | 95.6M | 98.2M | 171.0M | 169.2M | 161.6M | 169.7M | |
| Selling General Administrative | 20.4M | 18.2M | 17.4M | 14.2M | 13.7M | 13.3M | |
| Total Revenue | 578.8M | 366.5M | 455.8M | 708.4M | 1.2B | 1.2B | |
| Gross Profit | 409.8M | 194.1M | 254.0M | 307.1M | 498.9M | 523.8M | |
| Other Operating Expenses | 513.6M | 318.6M | 408.0M | 551.3M | 829.0M | 870.5M | |
| Operating Income | 66.8M | 43.1M | 25.9M | 157.0M | 357.0M | 374.8M | |
| Ebit | 66.8M | 69.7M | 115.3M | 63.9M | 345.7M | 362.9M | |
| Ebitda | 268.2M | 245.8M | 263.0M | 230.7M | 530.7M | 557.2M | |
| Cost Of Revenue | 169.0M | 172.4M | 201.8M | 401.3M | 672.0M | 705.6M | |
| Total Operating Expenses | 344.5M | 146.2M | 206.2M | 150.0M | 498.9M | 523.8M | |
| Income Before Tax | 152.1M | (110.9M) | (131.8M) | (105.3M) | 184.0M | 193.2M | |
| Total Other Income Expense Net | 85.3M | (163.9M) | (287.3M) | (262.3M) | (173.0M) | (164.3M) | |
| Net Income | 134.3M | (105.0M) | (130.7M) | (110.6M) | 243.8M | 256.0M | |
| Income Tax Expense | 17.8M | (5.9M) | (1.1M) | 5.3M | (59.8M) | (56.8M) | |
| Tax Provision | 17.8M | (5.9M) | (1.1M) | 5.3M | 5.5M | 3.1M | |
| Net Interest Income | (95.1M) | (98.0M) | (169.3M) | (169.2M) | (155.0M) | (162.7M) | |
| Discontinued Operations | 73.2M | 1.3M | (61.4M) | (82.6M) | (74.3M) | (70.6M) | |
| Net Income From Continuing Ops | 134.3M | (105.0M) | (130.7M) | (110.6M) | 152.3M | 159.9M | |
| Reconciled Depreciation | 201.4M | 202.7M | 229.7M | 230.4M | 201.4M | 225.2M | |
| Net Income Applicable To Common Shares | 223.3M | (105.0M) | (129.0M) | (220.4M) | (198.3M) | (188.4M) |
Pair Trading with Fortress Transportation
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 Fortress Transportation 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 Fortress Transportation will appreciate offsetting losses from the drop in the long position's value.Moving against Fortress Stock
The ability to find closely correlated positions to Fortress Transportation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortress Transportation 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 Fortress Transportation - 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 Fortress Transportation and to buy it.
The correlation of Fortress Transportation 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 Fortress Transportation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortress Transportation 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 Fortress Transportation 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortress Transportation and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Fortress Transportation. If investors know Fortress 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 Fortress Transportation 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 1.303 | Dividend Share 1.2 | Earnings Share (3.47) | Revenue Per Share 15.341 | Quarterly Revenue Growth 0.6 |
The market value of Fortress Transportation is measured differently than its book value, which is the value of Fortress that is recorded on the company's balance sheet. Investors also form their own opinion of Fortress Transportation's value that differs from its market value or its book value, called intrinsic value, which is Fortress Transportation'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 Fortress Transportation's market value can be influenced by many factors that don't directly affect Fortress Transportation'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 Fortress Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortress Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortress Transportation'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.