IncomeStatementGuy
IncomeStatementGuy OP t1_j9g6e9q wrote
Reply to comment by dethblud in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
Agree, not sure if they report that though.
Which one do you think is more profitable?
IncomeStatementGuy OP t1_j9g65sz wrote
Reply to comment by snake99899 in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
Income tax is on income, not revenue.
IncomeStatementGuy OP t1_j9fqcqx wrote
Reply to comment by DarkNikolas in [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
It’s in the official earnings report
IncomeStatementGuy OP t1_j9fmhf3 wrote
Reply to comment by jettison_m in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
Would be an interesting one. Are they releasing earnings soon?
IncomeStatementGuy OP t1_j9f8gz2 wrote
Reply to comment by cdx70 in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
Walmart officially reports it as "costs of sales" in its earning release
IncomeStatementGuy OP t1_j9f89bj wrote
Reply to comment by fulanita_de_tal in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
I made one for Johnson & Johnson a couple of weeks ago. It's online here.
IncomeStatementGuy OP t1_j9f0ooa wrote
Reply to comment by Shadowtirs in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
Agree - their net income looks even tinier in the visual because it's just 2% of revenue.
But its 11 billion dollars.
IncomeStatementGuy OP t1_j9eywzo wrote
Reply to comment by metisdesigns in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
What is the minimum wage they pay?
IncomeStatementGuy OP t1_j9eyng5 wrote
Reply to [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
Data source: Walmart's SEC filing
Tool used to create the visualization: SankeyArt (I am developing this tool)
[OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31)IncomeStatementGuy OP t1_j9aq7r6 wrote
Reply to comment by DarkNikolas in [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
There is no Python source code. The Sankey diagram is created with the SankeyArt web application. Its front end is mainly JavaScript, not Python.
IncomeStatementGuy OP t1_j9ao0tf wrote
Reply to comment by DarkNikolas in [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
You mean the flows I defined in the Spreadsheet? Sure, I could share these. Or do you mean something different sandpit mentioned Python?
IncomeStatementGuy OP t1_j9akiyz wrote
Reply to comment by DarkNikolas in [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
It’s created with SankeyArt, a web app I develop.
IncomeStatementGuy OP t1_j90dvz1 wrote
Reply to comment by RickJWagner in [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
This is a Sankey diagram of an income statement
IncomeStatementGuy OP t1_j8ymu1w wrote
Reply to comment by Chupacabras7 in [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
Not yet, but I‘ll create one for you, Mr. Chupacabras. Are they releasing earnings soon?
IncomeStatementGuy OP t1_j8wk4pq wrote
Reply to comment by cmde44 in [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
Wow... that just sounds like a stupid business practice that disgruntles their customers.
IncomeStatementGuy OP t1_j8wii81 wrote
Reply to comment by cmde44 in [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
Oh wow, that sucks! Are they mostly selling yearly maintenance contracts or is it pay as you have an incidence?
IncomeStatementGuy OP t1_j8wfxuf wrote
Reply to comment by tukachinchilla in [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
Haven’t looked for that in their annual report.
How much % do you think it is roughly?
IncomeStatementGuy OP t1_j8wfosj wrote
Reply to comment by General_Armadillo_29 in [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
Thanks! How do they treat farmers? Farmers are their customers so they should be their kings 🤌
IncomeStatementGuy OP t1_j8w920c wrote
Reply to comment by SlayerOfDougs in [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
Old guard fighting for new hires. Nice.
IncomeStatementGuy OP t1_j8w7m2m wrote
Reply to comment by SlayerOfDougs in [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
Didn't know. For more pay?
IncomeStatementGuy OP t1_j8w6zcb wrote
Reply to [OC] How John Deere makes money: Agriculture, construction, and forestry equipment by IncomeStatementGuy
Data source: Their 2022 annual report
Tools used: SankeyArt (I am developing this tool)
[OC] How John Deere makes money: Agriculture, construction, and forestry equipmentSubmitted by IncomeStatementGuy t3_114ib6y in dataisbeautiful
IncomeStatementGuy OP t1_j8kb55x wrote
Reply to comment by NightlyRelease in [OC] How Coca-Cola makes money (they just released their earnings for 2022) by IncomeStatementGuy
Fair point
IncomeStatementGuy OP t1_j9gyjph wrote
Reply to comment by codybevans in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
I went with "cost of sales" as this is what Walmart calls the line in their SEC filing.
And I used the terms "gross profit", "operating profit" and "net profit" for consistency (consistently "profit"). Accounting has synonyms and that's ok.
I tend to get worried if companies report any "adjusted" metrics.