
Amdocs Limited Income Statement 2024-2006 | DOX
Brief overview of revenue and earnings at Amdocs Limited
The conclusions below are based on five years of reported results. Amdocs Limited reported revenue of 4.1 billion dollars in 2019 and 1.3 billion dollars by 2024. The five-year change reached −69.1%, while CAGR stood at −20.9%. Revenue ended the period on a sustained downward trend.
At the gross-profit level, the result moved from 1.4 billion dollars to −2 billion dollars, a change of −238.5%. The relationship between sales and direct costs deteriorated. Gross margin moved from 35.1% to −157.1%. The business retained less gross profit from each unit of revenue.
EBITDA was 349 million dollars at the beginning and 241 million dollars at the end of the period (−30.9%). EBITDA grew faster than revenue, indicating positive operating leverage. EBITDA margin moved from 8.5% to 19.1%. The increased EBITDA share is a positive sign.
Over the period, net income shifted from $116 million to $86.4 million (−25.4%). Net income grew faster than revenue, indicating improved overall efficiency.
Over the period, capitalization shifted from $8.4 billion to $9.9 billion (+18.1%). Market value supported the favorable financial trajectory.
Conclusion
Signs of deterioration dominate the five-year picture. The positive side is supported by an improving EBITDA margin. The overall view is constrained by a low gross margin, lower net income and weak sales momentum. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement Amdocs Limited
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
9.92 B | 10.4 B | 10.6 B | 10 B | 9.92 B | 8.4 B | 7.45 B | 9.49 B | 8.73 B | 9.2 B | 7.44 B | 6.24 B | 5.54 B | 5.69 B | 5.62 B | 4.58 B | 6.59 B | 8.11 B | - |
Shares |
115 M | 120 M | 123 M | 127 M | 133 M | 136 M | 141 M | 146 M | 149 M | 154 M | 159 M | 161 M | 168 M | 185 M | 203 M | 204 M | 208 M | 208 M | - |
Historical Prices |
85.9 | 86.9 | 86.1 | 78.7 | 74.8 | 61.6 | 52.7 | 61.4 | 55.9 | 51.6 | 47.1 | 39.4 | 31.8 | 26.7 | 27.8 | 22.5 | 31.7 | 39 | 38 |
Net Income |
86.4 M | 148 M | 130 M | 134 M | 300 M | 116 M | 102 M | 437 M | 409 M | 446 M | 422 M | 412 M | 391 M | 347 M | 73.4 M | 88.4 M | 74.2 M | 365 M | - |
Revenue |
1.26 B | 1.25 B | 1.19 B | 4.29 B | 4.17 B | 4.09 B | 3.97 B | 3.87 B | 3.72 B | 3.64 B | 3.56 B | 3.35 B | 3.25 B | 3.18 B | - | - | - | - | - |
Cost of Revenue |
3.25 B | 3.16 B | 2.96 B | 2.81 B | 2.76 B | 2.65 B | 2.6 B | 2.51 B | 2.41 B | 2.35 B | 2.31 B | 2.17 B | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | 1.41 B | 1.43 B | 1.38 B | 1.36 B | 1.31 B | 1.29 B | 1.26 B | 1.18 B | 1.16 B | 1.11 B | - | - | - | - | - |
Operating Income |
113 M | 184 M | 150 M | 160 M | 140 M | 144 M | 133 M | 517 M | 483 M | 516 M | 496 M | 482 M | 442 M | 404 M | 87.6 M | 99.1 M | 81.3 M | 357 M | - |
Interest Expense |
-6.89 M | 23.1 M | 16.9 M | 21.3 M | 10.4 M | 3.91 M | 2.76 M | 1.6 M | 1.67 M | 3.14 M | 3.48 M | 3.56 M | 3.18 M | -2.88 M | 3.14 M | -7.86 M | 7.53 M | - | - |
EBITDA |
241 M | 312 M | 375 M | 369 M | 339 M | 349 M | 344 M | 628 M | 593 M | 599 M | 554 M | 520 M | 495 M | 477 M | 284 M | 210 M | 185 M | 432 M | - |
Operating Expenses |
- | - | - | - | 819 M | 864 M | 866 M | 842 M | 827 M | 765 M | 761 M | 697 M | 719 M | 704 M | - | - | - | - | - |
General and Administrative Expenses |
573 M | 571 M | 529 M | 487 M | - | 492 M | 481 M | 473 M | 465 M | 440 M | 445 M | 419 M | 425 M | 409 M | 374 M | 344 M | 404 M | 370 M | - |
All numbers in USD currency
Quarterly Income Statement Amdocs Limited
| 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q4 | 2010-Q3 | 2010-Q2 | 2010-Q1 | 2009-Q4 | 2009-Q3 | 2009-Q2 | 2009-Q1 | 2008-Q4 | 2008-Q3 | 2007-Q3 | 2006-Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
115 M | - | - | - | 120 M | - | - | - | - | - | - | - | 125 M | - | - | - | 132 M | - | - | - | 135 M | - | - | - | 140 M | - | - | - | 144 M | - | - | - | 147 M | - | - | - | 151 M | - | - | - | 157 M | - | - | - | 160 M | - | - | - | 162 M | - | - | - | 175 M | - | - | - | 203 M | - | - | - | 204 M | - | - | - | 208 M | 208 M | - |
Net Income |
86.4 M | 140 M | 119 M | 148 M | 102 M | 159 M | 150 M | - | - | - | - | - | 124 M | 146 M | 119 M | 300 M | 134 M | 120 M | 127 M | 116 M | 122 M | 131 M | 124 M | 102 M | 44.3 M | 91.5 M | 102 M | 117 M | 107 M | 119 M | 113 M | 97.8 M | 95.7 M | 105 M | 108 M | 101 M | 91.1 M | 108 M | 116 M | 131 M | 101 M | 110 M | 110 M | 101 M | 89 M | 120 M | 105 M | 99 M | 98 M | 98.7 M | 102 M | 92.7 M | 87.4 M | 91.8 M | 94.1 M | 73.4 M | 344 M | 92.3 M | 68.6 M | 88.4 M | 326 M | 85.5 M | 80.6 M | 74.2 M | 379 M | 365 M | - |
Revenue |
1.26 B | 1.25 B | 1.25 B | 1.25 B | 1.24 B | 1.24 B | 1.22 B | - | - | - | - | - | 1.09 B | 1.07 B | 1.05 B | 1.09 B | 1.05 B | 1.03 B | 1.05 B | 1.04 B | 1.03 B | 1.02 B | 1.02 B | 1.01 B | 1 B | 1 B | 992 M | 978 M | 980 M | 967 M | 966 M | 955 M | 941 M | 930 M | 926 M | 922 M | 927 M | 908 M | 903 M | 906 M | 900 M | 902 M | 897 M | 864 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
3.25 B | - | - | - | 3.16 B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
113 M | 176 M | 156 M | 184 M | 139 M | 183 M | 182 M | - | - | - | - | - | 154 M | 155 M | 149 M | 140 M | 147 M | 148 M | 157 M | 144 M | 144 M | 142 M | 150 M | 133 M | 68.8 M | 106 M | 132 M | 122 M | 132 M | 130 M | 134 M | 122 M | 118 M | 125 M | 120 M | 120 M | 110 M | 127 M | 138 M | 142 M | 126 M | 125 M | 124 M | 121 M | 123 M | 123 M | 123 M | 113 M | 114 M | 110 M | 110 M | 109 M | 105 M | 106 M | 107 M | 87.6 M | 410 M | 105 M | 103 M | 99.1 M | 367 M | 93.2 M | 96 M | 81.3 M | 406 M | 357 M | - |
Interest Expense |
-6.89 M | - | - | - | 23.1 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.14 M | - | - | - | -7.86 M | - | - | - | 7.53 M | - | - |
EBITDA |
241 M | 176 M | 156 M | 184 M | 267 M | 183 M | 182 M | - | - | - | - | - | 154 M | 155 M | 149 M | 140 M | 147 M | 148 M | 157 M | 144 M | 144 M | 142 M | 150 M | 133 M | 68.8 M | 106 M | 132 M | 122 M | 132 M | 130 M | 134 M | 122 M | 118 M | 125 M | 120 M | 120 M | 110 M | 127 M | 138 M | 142 M | 126 M | 125 M | 124 M | 121 M | 123 M | 123 M | 123 M | 113 M | 114 M | 110 M | 110 M | 109 M | 105 M | 106 M | 107 M | 87.6 M | 606 M | 105 M | 103 M | 99.1 M | 478 M | 93.2 M | 96 M | 81.3 M | 509 M | 432 M | - |
General and Administrative Expenses |
573 M | - | - | - | 571 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 374 M | - | - | - | 344 M | - | - | - | 404 M | 370 M | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Amdocs Limited (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.