Azek Company Inc
NYSE:AZEK
Income Statement
Earnings Waterfall
Azek Company Inc
Revenue
|
1.4B
USD
|
Cost of Revenue
|
-913m
USD
|
Gross Profit
|
481.5m
USD
|
Operating Expenses
|
-310m
USD
|
Operating Income
|
171.5m
USD
|
Other Expenses
|
-52m
USD
|
Net Income
|
119.6m
USD
|
Income Statement
Azek Company Inc
Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||
Revenue |
682
N/A
|
714
+5%
|
733
+3%
|
770
+5%
|
794
+3%
|
823
+4%
|
848
+3%
|
851
+0%
|
899
+6%
|
946
+5%
|
993
+5%
|
1 097
+10%
|
1 179
+7%
|
1 226
+4%
|
1 330
+8%
|
1 397
+5%
|
1 356
-3%
|
1 312
-3%
|
1 294
-1%
|
1 286
-1%
|
1 370
+7%
|
1 395
+2%
|
|
Gross Profit | |||||||||||||||||||||||
Cost of Revenue |
(480)
|
(500)
|
(517)
|
(530)
|
(541)
|
(559)
|
(573)
|
(576)
|
(603)
|
(628)
|
(657)
|
(729)
|
(789)
|
(821)
|
(899)
|
(947)
|
(946)
|
(944)
|
(940)
|
(926)
|
(933)
|
(913)
|
|
Gross Profit |
202
N/A
|
214
+6%
|
216
+1%
|
240
+11%
|
253
+6%
|
264
+4%
|
276
+5%
|
275
0%
|
296
+8%
|
318
+7%
|
336
+6%
|
368
+9%
|
390
+6%
|
405
+4%
|
430
+6%
|
450
+5%
|
409
-9%
|
368
-10%
|
354
-4%
|
360
+2%
|
438
+22%
|
482
+10%
|
|
Operating Income | |||||||||||||||||||||||
Operating Expenses |
(149)
|
(165)
|
(175)
|
(181)
|
(193)
|
(194)
|
(200)
|
(215)
|
(317)
|
(363)
|
(372)
|
(339)
|
(247)
|
(258)
|
(268)
|
(274)
|
(280)
|
(291)
|
(294)
|
(289)
|
(306)
|
(310)
|
|
Selling, General & Administrative |
(142)
|
(164)
|
(171)
|
(177)
|
(185)
|
(190)
|
(196)
|
(209)
|
(309)
|
(317)
|
(326)
|
(331)
|
(239)
|
(250)
|
(259)
|
(265)
|
(270)
|
(281)
|
(284)
|
(282)
|
(297)
|
(302)
|
|
Research & Development |
(7)
|
(2)
|
(4)
|
0
|
(8)
|
(4)
|
(4)
|
(6)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(10)
|
(9)
|
(7)
|
(9)
|
(8)
|
|
Other Operating Expenses |
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
(39)
|
(39)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
53
N/A
|
48
-9%
|
41
-16%
|
59
+44%
|
61
+4%
|
70
+15%
|
76
+8%
|
61
-20%
|
(21)
N/A
|
(46)
-120%
|
(36)
+22%
|
29
N/A
|
143
+402%
|
147
+3%
|
163
+10%
|
176
+8%
|
129
-26%
|
78
-40%
|
60
-23%
|
71
+18%
|
131
+86%
|
172
+31%
|
|
Pre-Tax Income | |||||||||||||||||||||||
Interest Income Expense |
(69)
|
(74)
|
(80)
|
(84)
|
(83)
|
(83)
|
(81)
|
(85)
|
(71)
|
(57)
|
(44)
|
(23)
|
(20)
|
(18)
|
(16)
|
(22)
|
(25)
|
(30)
|
(37)
|
(37)
|
(39)
|
(38)
|
|
Non-Reccuring Items |
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
0
|
(38)
|
(39)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
36
|
|
Pre-Tax Income |
(16)
N/A
|
(28)
-68%
|
(41)
-48%
|
(27)
+34%
|
(24)
+10%
|
(13)
+47%
|
(6)
+57%
|
(62)
-1 027%
|
(131)
-110%
|
(103)
+21%
|
(79)
+23%
|
6
N/A
|
122
+1 964%
|
130
+6%
|
147
+13%
|
153
+4%
|
104
-32%
|
47
-54%
|
23
-52%
|
34
+49%
|
92
+172%
|
170
+85%
|
|
Net Income | |||||||||||||||||||||||
Tax Provision |
23
|
3
|
5
|
3
|
4
|
2
|
1
|
3
|
8
|
1
|
(4)
|
(16)
|
(29)
|
(30)
|
(34)
|
(35)
|
(29)
|
(15)
|
(10)
|
(14)
|
(24)
|
(50)
|
|
Income from Continuing Operations |
7
|
(25)
|
(36)
|
(24)
|
(20)
|
(11)
|
(5)
|
(59)
|
(122)
|
(102)
|
(84)
|
(10)
|
93
|
100
|
113
|
119
|
75
|
33
|
13
|
21
|
68
|
120
|
|
Net Income (Common) |
7
N/A
|
(25)
N/A
|
(36)
-42%
|
(24)
+33%
|
(20)
+15%
|
(11)
+47%
|
(5)
+52%
|
(59)
-1 051%
|
(122)
-108%
|
(102)
+16%
|
(84)
+18%
|
(10)
+88%
|
93
N/A
|
100
+7%
|
113
+13%
|
119
+5%
|
75
-37%
|
33
-57%
|
13
-60%
|
21
+56%
|
68
+230%
|
120
+76%
|
|
EPS (Diluted) |
0.05
N/A
|
-0.18
N/A
|
-0.25
-39%
|
-0.17
+32%
|
-0.14
+18%
|
-0.08
+43%
|
-0.04
+50%
|
-0.42
-950%
|
-0.79
-88%
|
-0.69
+13%
|
-0.53
+23%
|
-0.07
+87%
|
0.59
N/A
|
0.64
+8%
|
0.73
+14%
|
0.77
+5%
|
0.49
-36%
|
0.21
-57%
|
0.09
-57%
|
0.14
+56%
|
0.45
+221%
|
0.8
+78%
|