The Aaron's Company Income Statement 2023-2011 | AAN

Brief overview of profit and loss at The Aaron's Company

The comparison covers a five-year financial horizon. The Aaron's Company reported revenue of $1.8 billion in 2018 and $2.1 billion by 2023. Overall revenue changed by +19.2%, equal to an annualized rate of about 3.6%. The business did not achieve meaningful top-line expansion.

The five-year change in gross profit reached +3%: from $1.1 billion to $1.1 billion. Cost of revenue developed less favorably than sales and pressured gross profitability. At the margin level, the figure shifted from 60.5% to 52.3%. Weakening gross profitability reduces the quality of the top-line trend.

EBITDA changed from 155 million dollars to 103 million dollars (−33.6%). EBITDA lagged revenue, showing weaker operating momentum. The EBITDA share of revenue changed from 8.6% to 4.8%. The margin contraction indicates weaker operating efficiency.

The net result moved from 50.7 million dollars to 2.8 million dollars, or −94.4%. The final result developed less favorably than the core business.

Overall conclusion

Signs of deterioration dominate the five-year picture. The most visible risks are pressure on operating profitability, declining net profitability and pressure from direct costs. The key question is whether sales can be converted into sustainable profit.