Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Express.
Income Statement
| Breakdown | January 28, 2023 | January 29, 2022 | January 30, 2021 | February 01, 2020 | February 02, 2019 | February 03, 2018 | January 28, 2017 | January 30, 2016 | January 31, 2015 | February 01, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.86B | $1.87B | $1.21B | $2.02B | $2.12B | $2.14B | $2.19B | $2.35B | $2.17B | $2.22B |
| Cost of Revenue | $1.34B | $1.31B | $1.21B | $1.47B | $1.50B | $1.52B | $1.53B | $1.55B | $1.50B | $1.50B |
| Gross Profit | $528.59M | $558.47M | $-4.91M | $550.58M | $614.91M | $615.23M | $663.20M | $795.28M | $660.95M | $717.71M |
| Gross Profit Ratio | 28.36% | 29.90% | -0.41% | 27.27% | 29.06% | 28.78% | 30.25% | 33.84% | 30.52% | 32.34% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $461.77M | $423.19M | $340.23M | $449.63M | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $134.90M | $135.00M | $110.60M | $114.70M | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $596.67M | $558.19M | $450.83M | $564.33M | $587.35M | $562.09M | $559.54M | $587.75M | $524.04M | $504.28M |
| Other Expenses | $-590.00K | $-499.00K | $-526.00K | $-847.00K | $-7.90M | $537.00K | $484.00K | $-672.00K | $-1.15M | $-1.57M |
| Operating Expenses | $596.08M | $557.69M | $450.31M | $563.49M | $586.53M | $562.62M | $559.60M | $588.04M | $524.36M | $503.45M |
| Cost and Expenses | $1.93B | $1.87B | $1.66B | $2.03B | $2.09B | $2.09B | $2.09B | $2.14B | $2.03B | $2.00B |
| Interest Income | $29.10M | $15.20M | $3.40M | $2.98M | $- | $- | $- | $- | $- | $- |
| Interest Expense | $29.10M | $15.20M | $3.40M | $- | $- | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $63.55M | $67.62M | $73.70M | $85.38M | $85.85M | $90.22M | $82.14M | $74.90M | $76.44M | $69.81M |
| EBITDA | $-3.93M | $68.70M | $-381.52M | $277.43M | $114.40M | $165.70M | $185.75M | $282.14M | $213.03M | $284.07M |
| EBITDA Ratio | -0.21% | 3.67% | -31.57% | 13.74% | 5.41% | 7.75% | 8.47% | 12.01% | 9.84% | 12.80% |
| Operating Income | $-67.49M | $1.08M | $-455.21M | $192.04M | $28.21M | $29.74M | $103.60M | $207.24M | $136.60M | $214.26M |
| Operating Income Ratio | -3.62% | 0.06% | -37.67% | 9.51% | 1.33% | 1.39% | 4.73% | 8.82% | 6.31% | 9.66% |
| Total Other Income Expenses Net | $379.57M | $-14.90M | $-6.13M | $-207.32M | $-7.92M | $-29.46M | $-19.63M | $-18.65M | $-25.04M | $-21.09M |
| Income Before Tax | $314.29M | $-14.12M | $-461.35M | $-214.88M | $20.29M | $28.04M | $90.62M | $190.68M | $111.56M | $193.17M |
| Income Before Tax Ratio | 16.86% | -0.76% | -38.18% | -10.64% | 0.96% | 1.31% | 4.13% | 8.11% | 5.15% | 8.70% |
| Income Tax Expense | $20.45M | $315.00K | $-55.90M | $-50.53M | $10.66M | $8.67M | $33.20M | $74.17M | $43.23M | $76.63M |
| Net Income | $293.83M | $-14.44M | $-405.45M | $-164.36M | $9.63M | $19.37M | $57.42M | $116.51M | $68.33M | $116.54M |
| Net Income Ratio | 15.76% | -0.77% | -33.55% | -8.14% | 0.46% | 0.91% | 2.62% | 4.96% | 3.16% | 5.25% |
| EPS | $86.36 | $-4.35 | $-125.48 | $-49.71 | $2.66 | $4.80 | $14.83 | $27.75 | $16.24 | $27.59 |
| EPS Diluted | $85.10 | $-4.35 | $-125.48 | $-49.71 | $2.63 | $4.80 | $14.80 | $27.60 | $16.20 | $27.40 |
| Weighted Average Shares Outstanding | 3.40M | 3.32M | 3.23M | 3.31M | 3.63M | 3.93M | 3.94M | 4.22M | 4.22M | 4.25M |
| Weighted Average Shares Outstanding Diluted | 3.45M | 3.32M | 3.23M | 3.31M | 3.66M | 3.94M | 3.95M | 4.23M | 4.23M | 4.25M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | January 28, 2023 | January 29, 2022 | January 30, 2021 | February 01, 2020 | February 02, 2019 | February 03, 2018 | January 28, 2017 | January 30, 2016 | January 31, 2015 | February 01, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $65.61M | $41.18M | $55.87M | $207.14M | $171.67M | $236.22M | $207.37M | $186.90M | $346.16M | $311.88M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $65.61M | $41.18M | $55.87M | $207.14M | $171.67M | $236.22M | $207.37M | $186.90M | $346.16M | $311.88M |
| Net Receivables | $13.84M | $65.41M | $125.90M | $10.82M | $17.37M | $12.08M | $15.79M | $22.13M | $23.27M | $17.38M |
| Inventory | $365.65M | $358.80M | $264.36M | $220.30M | $267.77M | $266.27M | $241.42M | $255.35M | $241.06M | $212.51M |
| Other Current Assets | $89.31M | $25.36M | $28.38M | $32.42M | $55.22M | $50.56M | $49.55M | $49.04M | $43.74M | $41.68M |
| Total Current Assets | $534.40M | $490.74M | $474.51M | $470.69M | $512.03M | $565.14M | $514.13M | $513.42M | $654.24M | $583.46M |
| Property Plant Equipment Net | $638.73M | $763.44M | $977.98M | $1.26B | $364.28M | $405.01M | $451.29M | $444.40M | $407.61M | $376.12M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $57.00K | $197.62M | $197.62M | $197.62M | $197.60M | $197.56M | $197.81M |
| Goodwill and Intangible Assets | $-165.59M | $- | $- | $57.00K | $197.62M | $197.62M | $197.62M | $197.60M | $197.56M | $197.81M |
| Long Term Investments | $166.11M | $- | $- | $2.70M | $- | $- | $- | $- | $- | $- |
| Tax Assets | $165.59M | $171.75M | $236.41M | $54.97M | $5.44M | $7.03M | $7.93M | $21.23M | $12.37M | $17.56M |
| Other Non-Current Assets | $59.08M | $-166.48M | $-230.45M | $3.77M | $7.26M | $12.81M | $14.23M | $2.00M | $6.37M | $7.72M |
| Total Non-Current Assets | $863.92M | $768.72M | $983.95M | $1.32B | $574.60M | $622.47M | $671.06M | $665.23M | $623.91M | $599.21M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $1.40B | $1.26B | $1.46B | $1.79B | $1.09B | $1.19B | $1.19B | $1.18B | $1.28B | $1.18B |
| Account Payables | $191.39M | $231.97M | $150.23M | $126.86M | $155.91M | $145.59M | $172.67M | $149.88M | $153.75M | $154.74M |
| Short Term Debt | $189.01M | $207.84M | $203.44M | $226.17M | $- | $- | $- | $- | $- | $897.00K |
| Tax Payables | $8.00M | $800.00K | $700.00K | $800.00K | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $35.54M | $35.98M | $32.43M | $38.23M | $40.47M | $28.92M | $29.43M | $30.89M | $28.57M | $28.44M |
| Other Current Liabilities | $117.66M | $110.05M | $128.25M | $75.41M | $78.31M | $116.36M | $80.30M | $126.62M | $105.14M | $116.03M |
| Total Current Liabilities | $541.59M | $586.65M | $515.05M | $467.48M | $274.69M | $290.86M | $282.40M | $307.40M | $287.46M | $300.10M |
| Long Term Debt | $122.00M | $117.58M | $192.03M | $897.30M | $- | $- | $- | $- | $199.53M | $199.17M |
| Deferred Revenue Non-Current | $5.52M | $8.39M | $11.27M | $1.83M | $129.50M | $137.62M | $146.33M | $139.24M | $128.45M | $114.51M |
| Deferred Tax Liabilities Non-Current | $176.46M | $171.75M | $236.41M | $-1.83M | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $245.19M | $373.76M | $494.00M | $19.66M | $97.25M | $105.12M | $120.78M | $114.05M | $106.38M | $94.32M |
| Total Non-Current Liabilities | $549.17M | $671.49M | $933.72M | $916.96M | $226.76M | $242.74M | $267.11M | $253.29M | $434.35M | $408.00M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.09B | $1.26B | $1.45B | $1.38B | $501.45M | $533.61M | $549.50M | $560.69M | $721.81M | $708.10M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $990.00K | $936.00K | $936.00K | $936.00K | $936.00K | $926.00K | $921.00K | $911.00K | $904.00K | $899.00K |
| Retained Earnings | $355.74M | $77.09M | $114.73M | $533.69M | $713.86M | $710.08M | $690.72M | $633.30M | $516.78M | $448.46M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $- | $-642.43M | $-3.80M | $-4.67M | $-3.06M | $-728.00K |
| Other Total Stockholders Equity | $-49.16M | $-76.72M | $-105.98M | $-128.32M | $-129.62M | $585.43M | $-52.15M | $-11.59M | $41.71M | $25.94M |
| Total Stockholders Equity | $307.57M | $1.31M | $9.69M | $406.30M | $585.18M | $654.00M | $635.69M | $617.95M | $556.34M | $474.57M |
| Total Equity | $307.57M | $1.31M | $9.69M | $406.30M | $585.18M | $- | $- | $- | $- | $- |
| Total Liabilities and Stockholders Equity | $1.40B | $1.26B | $1.46B | $1.79B | $1.09B | $1.19B | $1.19B | $1.18B | $1.28B | $1.18B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $1.40B | $1.26B | $1.46B | $1.79B | $1.09B | $1.19B | $1.19B | $1.18B | $1.28B | $1.18B |
| Total Investments | $166.11M | $- | $- | $2.70M | $- | $- | $- | $- | $- | $- |
| Total Debt | $717.45M | $862.33M | $1.12B | $1.12B | $65.10M | $- | $- | $- | $199.53M | $199.17M |
| Net Debt | $651.84M | $821.15M | $1.06B | $916.34M | $-106.57M | $- | $- | $- | $- | $- |
Cash Flow Statement
| Breakdown | January 28, 2023 | January 29, 2022 | January 30, 2021 | February 01, 2020 | February 02, 2019 | February 03, 2018 | January 28, 2017 | January 30, 2016 | January 31, 2015 | February 01, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $293.83M | $-14.44M | $-405.45M | $-164.36M | $9.63M | $19.37M | $57.42M | $116.51M | $68.33M | $116.54M |
| Depreciation and Amortization | $62.17M | $67.62M | $73.70M | $85.38M | $85.85M | $90.22M | $82.14M | $74.90M | $76.44M | $69.81M |
| Deferred Income Tax | $10.87M | $- | $54.97M | $-49.56M | $536.00K | $-912.00K | $20.07M | $-10.70M | $6.29M | $-807.00K |
| Stock Based Compensation | $7.54M | $9.81M | $9.46M | $8.18M | $13.11M | $14.01M | $12.86M | $18.44M | $19.33M | $21.17M |
| Change in Working Capital | $-128.32M | $26.74M | $-93.90M | $10.31M | $-32.90M | $-13.85M | $8.10M | $36.80M | $-14.45M | $-2.79M |
| Accounts Receivables | $-630.00K | $2.81M | $-3.73M | $6.54M | $-5.28M | $3.28M | $6.37M | $1.10M | $-5.72M | $-6.51M |
| Inventory | $-6.85M | $-94.44M | $-44.06M | $47.46M | $-7.04M | $-28.95M | $14.14M | $-14.62M | $-28.99M | $2.13M |
| Accounts Payables | $-46.37M | $68.30M | $68.28M | $-32.34M | $-21.10M | $-12.86M | $-15.86M | $17.70M | $-886.00K | $-28.97M |
| Other Working Capital | $-74.47M | $50.06M | $-114.39M | $-11.36M | $523.00K | $24.69M | $3.44M | $32.63M | $21.15M | $30.56M |
| Other Non Cash Items | $-403.17M | $-356.00K | $37.60M | $200.76M | $-2.52M | $9.73M | $6.12M | $-6.36M | $639.00K | $-8.86M |
| Net Cash Provided by Operating Activities | $-157.08M | $89.38M | $-323.63M | $90.71M | $73.72M | $118.57M | $186.71M | $229.60M | $156.57M | $195.07M |
| Investments in Property Plant and Equipment | $-47.38M | $-34.77M | $-16.85M | $-37.04M | $-49.78M | $-57.44M | $-98.73M | $-115.38M | $-116.10M | $-105.46M |
| Acquisitions Net | $243.39M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $-10.13M | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $243.39M | $- | $- | $- | $- | $-9.23M | $-10.15M | $-35.00K | $-1.01M | $-94.00K |
| Net Cash Used for Investing Activities | $196.01M | $-34.77M | $-16.85M | $-37.04M | $-49.78M | $-66.67M | $-108.87M | $-115.38M | $-116.10M | $-105.46M |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $6.90M | $- | $- | $- | $- | $- | $2.73M | $1.28M | $- | $- |
| Common Stock Repurchased | $-2.01M | $-3.75M | $-626.00K | $-17.21M | $-85.88M | $-18.86M | $-56.14M | $-73.02M | $-3.51M | $-37.93M |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-14.50M | $-69.31M | $189.22M | $-18.20M | $-88.49M | $-22.61M | $-58.27M | $-272.00M | $-4.94M | $-33.33M |
| Net Cash Used Provided by Financing Activities | $-14.50M | $-69.31M | $189.22M | $-18.20M | $-88.49M | $-22.61M | $-58.27M | $-272.00M | $-4.94M | $-33.33M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $-438.00K | $899.00K | $-1.48M | $-1.26M | $-695.00K |
| Net Change in Cash | $24.44M | $-14.70M | $-151.26M | $35.47M | $-64.55M | $28.85M | $20.47M | $-159.26M | $34.27M | $55.59M |
| Cash at End of Period | $65.61M | $41.18M | $55.87M | $207.14M | $171.67M | $236.22M | $207.37M | $186.90M | $346.16M | $311.88M |
| Cash at Beginning of Period | $41.18M | $55.87M | $207.14M | $171.67M | $236.22M | $207.37M | $186.90M | $346.16M | $311.88M | $256.30M |
| Operating Cash Flow | $-157.08M | $89.38M | $-323.63M | $90.71M | $73.72M | $118.57M | $186.71M | $229.60M | $156.57M | $195.07M |
| Capital Expenditure | $-47.38M | $-34.77M | $-16.85M | $-37.04M | $-49.78M | $-57.44M | $-98.73M | $-115.38M | $-116.10M | $-105.46M |
| Free Cash Flow | $-204.46M | $54.61M | $-340.48M | $53.67M | $23.94M | $61.13M | $87.97M | $114.22M | $40.47M | $89.61M |