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Complete financial analysis of Adams Diversified Equity Fund, Inc. (ADX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Adams Diversified Equity Fund, Inc., a leading company in the Asset Management industry within the Financial Services sector.
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Adams Diversified Equity Fund, Inc. (ADX)
Industry: Asset Management
Sector: Financial Services
Website: https://www.adamsfunds.com/funds/diversified-equity
About Adams Diversified Equity Fund, Inc.
Adams Diversified Equity Fund, Inc. is a publicly owned investment manager. The firm provides its services to investment companies. The firm invests in the public equity markets of the United States. It invests in stocks of large-cap companies across diversified sectors to make its investments. The firm employs a fundamental, technical and quantitative analysis with a bottom-up stock picking approach, while focusing on earnings growth prospects, financial strength, cash flow generation, macro-economics, capital allocation, market competition, profitability. It obtains external research to complement its in-house research to make its investments. The firm benchmarks the performance of its portfolios against the S&P 500 Index. It was formerly known as The Adams Express Company. Adams Diversified Equity Fund, Inc. was founded in 1840 and is based in Baltimore, Maryland.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 173.82M | -458.78M | 638.99M | 361.70M | 490.69M | -51.61M | 382.90M | 106.20M | 101.43M | 27.71M | 27.53M | 24.94M | 19.94M | 19.41M | 19.61M | 26.66M | 32.12M | 26.23M | 23.97M | 24.34M | 20.69M | 20.80M | 24.16M | 26.17M | 24.82M | 25.95M | 25.79M | 27.79M |
| Cost of Revenue | 1.52M | 1.53M | 1.51M | 1.36M | 1.25M | 1.16M | 1.09M | 1.07M | 3.40M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 172.30M | -460.32M | 637.48M | 360.34M | 489.44M | -52.77M | 381.81M | 105.13M | 98.03M | 27.71M | 27.53M | 24.94M | 19.94M | 19.41M | 19.61M | 26.66M | 32.12M | 26.23M | 23.97M | 24.34M | 20.69M | 20.80M | 24.16M | 26.17M | 24.82M | 25.95M | 25.79M | 27.79M |
| Gross Profit Ratio | 99.12% | 100.33% | 99.76% | 99.62% | 99.74% | 102.25% | 99.72% | 98.99% | 96.65% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | -3.40 | 1.83 | 2.81 | 3.00 | -0.29 | 2.58 | 1.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 5.43M | 4.63M | 5.64M | 4.88M | 4.40M | 4.52M | 4.14M | 8.48M | 8.64M | 8.24M | 8.61M | 7.13M | 5.89M | 5.86M | 7.85M | 5.40M | 5.97M | 6.32M | 5.50M | 5.11M | 4.90M | 3.86M | 2.79M | 4.99M | 5.43M | 2.66M | 4.26M | 2.72M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -8.48M | 1.25M | 348.40K | 262.58K | 263.51K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 5.43M | 4.63M | 5.64M | 4.88M | 4.40M | 4.52M | 4.14M | 1.11 | 9.88M | 8.59M | 8.87M | 7.39M | 5.89M | 5.86M | 7.85M | 5.40M | 5.97M | 6.32M | 5.50M | 5.11M | 4.90M | 3.86M | 2.79M | 4.99M | 5.43M | 2.66M | 4.26M | 2.72M |
| Other Expenses | 0.00 | 7.71M | 8.26M | 6.87M | 7.53M | 5.54M | 5.23M | 99.44M | -81.72M | 77.33K | 30.00K | 340.00K | 790.00K | 10.00K | -3.67M | 4.23M | 430.00K | 220.00K | 180.00K | 230.00K | 180.00K | 200.00K | 280.00K | 240.00K | 250.00K | 710.00K | 740.00K | 830.00K |
| Operating Expenses | 517.78M | 12.34M | 13.90M | 11.75M | 11.94M | 10.06M | 9.37M | 89.33M | 81.72M | 160.84M | 299.28M | 121.16M | 6.68M | 5.87M | 4.18M | 9.63M | 6.40M | 6.54M | 5.68M | 5.34M | 5.08M | 4.06M | 3.07M | 5.23M | 5.68M | 3.37M | 5.00M | 3.55M |
| Cost & Expenses | -379.10M | 12.34M | 13.90M | 11.75M | 11.94M | 10.06M | 9.37M | 105.13M | 85.12M | 160.84M | 299.28M | 121.16M | 6.68M | 5.87M | 4.18M | 9.63M | 6.40M | 6.54M | 5.68M | 5.34M | 5.08M | 4.06M | 3.07M | 5.23M | 5.68M | 3.37M | 5.00M | 3.55M |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 413.75K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 97.10M | 168.44M | 308.15M | 128.55M | 0.00 | 95.40M | 225.70M | 0.00 | 52.13M | 158.83M | 26.63M | 116.27M | 236.65M | -285.88M | -508.79M | -123.10M | 526.34M | 296.90M | 314.43M | 171.21M | |
| Depreciation & Amortization | -21.02M | -22.54M | -19.06M | -21.78M | -21.60M | -20.64M | -21.74M | -18.91M | -16.79M | -19.12M | -18.66M | -17.55M | -101.43M | 190.80M | 451.40M | -978.94M | 104.25M | 317.66M | 53.26M | 232.54M | 473.30M | -571.76M | -1.02B | -246.20M | 1.05B | 593.80M | 628.85M | 342.42M |
| EBITDA | 531.91M | -471.12M | 625.09M | 349.95M | 478.76M | -61.67M | 373.53M | -11.40M | -5.20M | 169.43M | 308.15M | 128.55M | -88.17M | 204.34M | 466.83M | -961.91M | 129.98M | 337.35M | 71.55M | 251.55M | 488.91M | -555.02M | -996.49M | -225.26M | 1.07B | 616.38M | 649.64M | 366.66M |
| EBITDA Ratio | 306.00% | 102.69% | 97.82% | 96.75% | 97.57% | 119.50% | 97.55% | -10.74% | 16.09% | 611.40% | 1,119.34% | 515.44% | -442.18% | 1,052.76% | 2,380.57% | -3,608.06% | 404.67% | 1,286.12% | 298.50% | 1,033.48% | 2,363.03% | -2,668.37% | -4,124.54% | -860.76% | 4,318.41% | 2,375.26% | 2,518.96% | 1,319.40% |
| Operating Income | 552.92M | -471.12M | 625.09M | 349.95M | 478.76M | -61.67M | 373.53M | 18.91M | 16.32M | 19.12M | 18.66M | 17.55M | 13.26M | 13.54M | 15.43M | 17.03M | 25.73M | 19.69M | 18.29M | 19.01M | 15.61M | 16.74M | 21.09M | 20.94M | 19.14M | 22.58M | 20.79M | 24.24M |
| Operating Income Ratio | 318.09% | 102.69% | 97.82% | 96.75% | 97.57% | 119.50% | 97.55% | 17.80% | 16.09% | 69.00% | 67.77% | 70.36% | 66.50% | 69.76% | 78.68% | 63.88% | 80.11% | 75.07% | 76.30% | 78.10% | 75.45% | 80.48% | 87.29% | 80.02% | 77.12% | 87.01% | 80.61% | 87.23% |
| Total Other Income/Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 98.69M | -4.72M | 0.00 | 0.00 | 0.00 | -50.72M | 95.40M | 225.70M | -489.47M | 52.12M | 158.83M | 26.63M | 116.27M | 236.65M | -285.88M | -508.79M | -123.10M | 526.35M | 296.90M | 314.42M | 171.21M |
| Income Before Tax | 552.92M | -471.12M | 625.09M | 349.95M | 478.76M | -61.67M | 373.53M | 117.60M | 11.59M | 188.55M | 326.81M | 146.10M | -37.46M | 108.94M | 241.13M | -472.44M | 77.85M | 178.52M | 44.92M | 135.28M | 252.26M | -269.14M | -487.70M | -102.16M | 545.49M | 319.48M | 335.21M | 195.45M |
| Income Before Tax Ratio | 318.09% | 102.69% | 97.82% | 96.75% | 97.57% | 119.50% | 97.55% | 110.74% | 11.43% | 680.40% | 1,187.11% | 585.80% | -187.86% | 561.26% | 1,229.63% | -1,772.09% | 242.37% | 680.59% | 187.40% | 555.79% | 1,219.24% | -1,293.94% | -2,018.63% | -390.37% | 2,197.78% | 1,231.14% | 1,299.77% | 703.31% |
| Income Tax Expense | 0.00 | 22.54M | 19.06M | 21.78M | 478.76M | -161.14K | 373.53M | 117.60M | 16.79M | 169.43M | 308.15M | 128.55M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 552.92M | -471.12M | 625.09M | 349.95M | 478.76M | -61.67M | 373.53M | 117.60M | 11.59M | 188.55M | 326.81M | 146.10M | -37.46M | 108.94M | 241.13M | -472.44M | 77.85M | 178.52M | 44.92M | 135.28M | 252.26M | -269.14M | -487.70M | -102.16M | 545.49M | 319.48M | 335.21M | 195.45M |
| Net Income Ratio | 318.09% | 102.69% | 97.82% | 96.75% | 97.57% | 119.50% | 97.55% | 110.74% | 11.43% | 680.40% | 1,187.11% | 585.80% | -187.86% | 561.26% | 1,229.63% | -1,772.09% | 242.37% | 680.59% | 187.40% | 555.79% | 1,219.24% | -1,293.94% | -2,018.63% | -390.37% | 2,197.78% | 1,231.14% | 1,299.77% | 703.31% |
| EPS | 4.46 | -3.99 | 5.59 | 3.21 | 4.40 | -0.67 | 3.77 | 1.00 | 0.12 | 1.96 | 3.47 | 1.57 | -0.41 | 1.23 | 2.76 | -5.40 | 0.89 | 2.06 | 0.52 | 1.57 | 2.97 | -3.18 | -5.72 | -1.24 | 6.75 | 4.24 | 4.73 | 2.80 |
| EPS Diluted | 4.46 | -3.99 | 5.59 | 3.21 | 4.40 | -0.67 | 3.77 | 99.44M | 0.12 | 1.96 | 3.47 | 1.57 | -0.41 | 1.23 | 2.76 | -5.40 | 0.89 | 2.06 | 0.52 | 1.57 | 2.97 | -3.18 | -5.72 | -1.24 | 6.75 | 4.24 | 4.73 | 2.80 |
| Weighted Avg Shares Out | 124.05M | 118.08M | 111.82M | 109.02M | 108.87M | 92.04M | 99.08M | 117.60M | 97.91M | 96.29M | 94.22M | 93.03M | 91.07M | 88.89M | 87.42M | 87.41M | 87.67M | 86.84M | 86.10M | 86.14M | 84.89M | 84.54M | 85.23M | 82.29M | 80.84M | 75.27M | 70.86M | 69.91M |
| Weighted Avg Shares Out (Dil) | 124.05M | 118.08M | 111.82M | 109.02M | 108.87M | 92.04M | 99.08M | 1.18 | 97.91M | 96.29M | 94.22M | 93.03M | 91.07M | 88.89M | 87.42M | 87.41M | 87.67M | 86.84M | 86.10M | 86.14M | 84.89M | 84.54M | 85.23M | 82.29M | 80.84M | 75.27M | 70.86M | 69.91M |
Adams Diversified Equity Fund Announces 2023 Performance
BALTIMORE, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announces the Fund's investment returns for 2023.
ADX: 4 Reasons To Be Cautious Despite Recent Outperformance
Adams Diversified Equity Fund seeks long-term capital appreciation and dividend income by investing in large-cap US companies. ADX has a very long history and has outperformed the S&P 500 over the past 10 years. The fund charges a high management...
Adams Diversified Equity Fund Announces $17.02 Issue Price of Shares for Year-End Distribution Payable December 20, 2023
BALTIMORE, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) has determined that $17.02 per share is the issue price for the closed-end fund's year-end distribution to shareholders who have elected to receive all or a...
Adams Diversified Equity Fund Declares Year-End Distribution; Exceeds Its Annual 6% Minimum Distribution Rate Commitment
BALTIMORE, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) declared today a year-end distribution of $1.15 per share. The total distributions by the Fund for 2023 will be $1.30, including the distributions totaling $0.15 per...
ADX: Look Out For A Large Year-End Distribution
The Adams Diversified Equity Fund has a long operating history and uses a time-tested process to identify secular growth stocks. ADX has performed well, returning 12.7% YTD and keeping pace with the S&P 500. The fund should be announcing a...
Adams Diversified Equity Fund Reports Nine Month Results
BALTIMORE, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) today announced the Fund's results for the nine months ended September 30th. The total return on Adams Diversified Equity's net asset value, with dividends and capital...
ADX: Deep Discount But Relatively Expensive
Adams Diversified Equity Fund is currently trading at a 14.2% discount but may not be an appealing option due to trading at a deep discount regularly. ADX generally follows the performance of the S&P 500 Index, but the fund has...
ADX: A Good Fund For Income Seeking Investors
Adams Diversified Equity Fund aims to match or beat the performance of the S&P 500 index while delivering a dividend yield of 6-7% annually. The fund has a long history of paying dividends for 85 years straight and has seen...
Adams Diversified Equity Fund Declares Distribution and Announces First Half Performance
BALTIMORE, July 20, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Adams Diversified Equity Fund, Inc. (NYSE: ADX) today declared a distribution of $.05 per share from net investment income, payable September 1, 2023, to shareholders of record August...
Adams Natural Resources Fund Declares Distribution and Announces First Half Performance
BALTIMORE, July 20, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $.10 per share from net investment income, payable September 1, 2023, to shareholders of record August...
Source: https://incomestatements.info
Category: Stock Reports