Fox Factory Hldg Stock
Fox Factory Hldg Stock
Pros and Cons of Fox Factory Hldg in the next few years
Pros
Cons
Performance of Fox Factory Hldg vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Fox Factory Hldg | 7.270% | 10.199% | -10.873% | -59.468% | -34.612% | -68.206% | - |
| Borgwarner Inc. | 2.320% | 9.141% | 5.370% | -19.443% | 4.010% | -17.439% | - |
| Lear Corp. | -0.850% | -4.800% | -8.462% | 1.709% | -7.752% | -23.718% | - |
| Gentex Corp. | -1.250% | -1.852% | -4.790% | 27.200% | 6.711% | 8.644% | - |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.When initially glancing at Fox Factory's financials, the general impression is that of a robust company with solid growth in assets and equity. The firm's balance sheet shows a healthy rise in total assets over the past few years, indicating an expansion of the company's operational scope. An essential aspect is the substantial net income figures reported, which reaffirm the company's profitability. However, a more profound analysis is required to understand the financial nuances and assess the overall performance thoroughly.
Growing Total Assets and Equity: Fox Factory has seen a consistent increase in its total assets, which grew from approximately $1.29 billion in 2020 to around $1.62 billion in 2022. Concurrently, total stockholder equity went from about $719 million to $1.12 billion during the same period. This growth signifies that the company is enriching its shareholders' value and reinvesting in its operations.
Solid Net Income Performance: The net income has also demonstrated a favorable uptrend, from $90.67 million in 2020 to $205.28 million in 2022. This growth trajectory suggests efficient management of its operational and non-operational expenses, leading to robust bottom-line results.
