Fortress Historical Income Statement

FTAIN Stock

USD 25.62 0.16 0.62%

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.

Cash Flow Balance Sheet Income Statement

Yuan Drop

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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.

Net Income Gross Profit

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.

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

At this time, Fortress Transportation's EBITDA is very stable compared to the past year. As of the 3rd 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.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

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.

	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

Interest Expense Depreciation And Amortization

Fortress Transportation income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	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	Tax Provision	Net Interest Income	Interest Income	Discontinued Operations	Net Income From Continuing Ops	Reconciled Depreciation	Minority Interest	Selling And Marketing Expenses
Depreciation And Amortization		0.81	0.93	0.73	0.83	0.8	0.5	0.51	0.76	0.62	0.75	0.11	-0.5	0.14	-0.3	0.33	-0.65	0.44	-0.26	0.16	0.7	-0.37	-0.23
Interest Expense	0.81		0.7	0.89	0.88	0.91	0.75	0.76	0.89	0.86	0.4	0.16	-0.83	0.21	-0.56	0.19	-0.97	0.85	-0.7	0.16	0.95	-0.55	-0.54
Selling General Administrative	0.93	0.7		0.59	0.72	0.68	0.32	0.36	0.64	0.47	0.82	0.01	-0.39	0.04	-0.15	0.26	-0.52	0.3	-0.12	0.08	0.61	-0.2	-0.15
Total Revenue	0.73	0.89	0.59		0.97	0.99	0.95	0.93	0.98	0.98	0.22	0.54	-0.6	0.61	-0.79	0.33	-0.84	0.84	-0.63	0.55	0.77	-0.47	-0.8
Gross Profit	0.83	0.88	0.72	0.97		0.99	0.86	0.85	0.96	0.91	0.43	0.54	-0.5	0.58	-0.66	0.46	-0.79	0.74	-0.46	0.56	0.77	-0.4	-0.69
Other Operating Expenses	0.8	0.91	0.68	0.99	0.99		0.9	0.89	0.98	0.96	0.33	0.49	-0.6	0.55	-0.73	0.36	-0.84	0.81	-0.58	0.51	0.8	-0.46	-0.74
Operating Income	0.5	0.75	0.32	0.95	0.86	0.9		0.96	0.91	0.98	-0.09	0.66	-0.52	0.73	-0.89	0.26	-0.74	0.83	-0.67	0.64	0.63	-0.45	-0.9
Ebit	0.51	0.76	0.36	0.93	0.85	0.89	0.96		0.94	0.95	-0.06	0.64	-0.55	0.72	-0.92	0.17	-0.76	0.82	-0.65	0.62	0.65	-0.24	-0.91
Ebitda	0.76	0.89	0.64	0.98	0.96	0.98	0.91	0.94		0.95	0.25	0.52	-0.59	0.59	-0.8	0.25	-0.81	0.78	-0.58	0.53	0.77	-0.33	-0.79
Cost Of Revenue	0.62	0.86	0.47	0.98	0.91	0.96	0.98	0.95	0.95		0.04	0.52	-0.64	0.61	-0.86	0.22	-0.84	0.87	-0.73	0.52	0.74	-0.51	-0.84
Total Operating Expenses	0.75	0.4	0.82	0.22	0.43	0.33	-0.09	-0.06	0.25	0.04		-0.13	-0.07	-0.18	0.32	0.47	-0.24	-0.02	0.27	-0.06	0.4	-0.09	0.26
Income Before Tax	0.11	0.16	0.01	0.54	0.54	0.49	0.66	0.64	0.52	0.52	-0.13		0.26	0.99	-0.58	0.61	-0.14	0.32	0.03	0.99	0.06	0.09	-0.7
Total Other Income Expense Net	-0.5	-0.83	-0.39	-0.6	-0.5	-0.6	-0.52	-0.55	-0.59	-0.64	-0.07	0.26		0.17	0.47	0.29	0.88	-0.77	0.87	0.28	-0.83	0.55	0.35
Net Income	0.14	0.21	0.04	0.61	0.58	0.55	0.73	0.72	0.59	0.61	-0.18	0.99	0.17		-0.7	0.51	-0.19	0.39	-0.09	0.98	0.09	0.07	-0.78
Income Tax Expense	-0.3	-0.56	-0.15	-0.79	-0.66	-0.73	-0.89	-0.92	-0.8	-0.86	0.32	-0.58	0.47	-0.7		0.06	0.57	-0.71	0.66	-0.59	-0.41	0.14	0.9
Tax Provision	0.33	0.19	0.26	0.33	0.46	0.36	0.26	0.17	0.25	0.22	0.47	0.61	0.29	0.51	0.06		-0.16	0.18	0.27	0.62	0.19	-0.22	-0.11
Net Interest Income	-0.65	-0.97	-0.52	-0.84	-0.79	-0.84	-0.74	-0.76	-0.81	-0.84	-0.24	-0.14	0.88	-0.19	0.57	-0.16		-0.91	0.79	-0.12	-0.96	0.59	0.55
Interest Income	0.44	0.85	0.3	0.84	0.74	0.81	0.83	0.82	0.78	0.87	-0.02	0.32	-0.77	0.39	-0.71	0.18	-0.91		-0.87	0.29	0.78	-0.54	-0.7
Discontinued Operations	-0.26	-0.7	-0.12	-0.63	-0.46	-0.58	-0.67	-0.65	-0.58	-0.73	0.27	0.03	0.87	-0.09	0.66	0.27	0.79	-0.87		0.06	-0.63	0.59	0.55
Net Income From Continuing Ops	0.16	0.16	0.08	0.55	0.56	0.51	0.64	0.62	0.53	0.52	-0.06	0.99	0.28	0.98	-0.59	0.62	-0.12	0.29	0.06		0.04	0.11	-0.69
Reconciled Depreciation	0.7	0.95	0.61	0.77	0.77	0.8	0.63	0.65	0.77	0.74	0.4	0.06	-0.83	0.09	-0.41	0.19	-0.96	0.78	-0.63	0.04		-0.57	-0.46
Minority Interest	-0.37	-0.55	-0.2	-0.47	-0.4	-0.46	-0.45	-0.24	-0.33	-0.51	-0.09	0.09	0.55	0.07	0.14	-0.22	0.59	-0.54	0.59	0.11	-0.57		0.16
Selling And Marketing Expenses	-0.23	-0.54	-0.15	-0.8	-0.69	-0.74	-0.9	-0.91	-0.79	-0.84	0.26	-0.7	0.35	-0.78	0.9	-0.11	0.55	-0.7	0.55	-0.69	-0.46	0.16

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Fortress Transportation Account Relationship Matchups

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	31.7M	30.2M
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 together with Fortress Stock

0.61	R	Ryder System	Pair Corr
0.63	WLFC	Willis Lease Finance	Pair Corr

Moving against Fortress Stock

0.61	YAYO	Yayyo Inc	Pair Corr
0.46	ZCAR	Zoomcar Holdings Symbol Change	Pair Corr
0.41	MWG	Multi Ways Holdings	Pair Corr

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.

Pair Correlation Correlation Matching

Other Information on Investing in Fortress Stock

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Fortress Historical Income Statement

About Fortress Income Statement Analysis

Fortress Transportation Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Fortress Transportation income statement Correlations

Fortress Transportation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fortress Transportation income statement Accounts

Pair Trading with Fortress Transportation

Moving together with Fortress Stock

Moving against Fortress Stock

Other Information on Investing in Fortress Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 0.99	Total Revenue
Other Operating Expenses	+ 0.99	Gross Profit
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Income Before Tax
Ebitda	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.98	Total Revenue

Net Interest Income	- 0.97	Interest Expense
Reconciled Depreciation	- 0.96	Net Interest Income
Income Tax Expense	- 0.92	Ebit
Interest Income	- 0.91	Net Interest Income
Selling And Marketing Expenses	- 0.91	Ebit
Selling And Marketing Expenses	- 0.9	Operating Income