Ardagh Operating Income from 2010 to 2025
| AMBP Stock | USD 2.88 0.02 0.69% |
Operating Income | First Reported 2020-03-31 | Previous Quarter 83 M | Current Value 50 M | Quarterly Volatility 54 M |
Check Ardagh Metal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ardagh Metal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 386.3 M, Interest Expense of 139.5 M or Total Revenue of 4.5 B, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.15 or Days Sales Outstanding of 39.3. Ardagh financial statements analysis is a perfect complement when working with Ardagh Metal Valuation or Volatility modules.
Ardagh | Operating Income |
Latest Ardagh Metal's Operating Income Growth Pattern
Below is the plot of the Operating Income of Ardagh Metal Packaging over the last few years. Operating Income is the amount of profit realized from Ardagh Metal Packaging operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ardagh Metal Packaging is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Ardagh Metal's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ardagh Metal's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Ardagh Operating Income Regression Statistics
| Arithmetic Mean | 202,307,143 | |
| Coefficient Of Variation | 41.35 | |
| Mean Deviation | 51,452,679 | |
| Median | 228,000,000 | |
| Standard Deviation | 83,648,180 | |
| Sample Variance | 6997T | |
| Range | 396M | |
| R-Value | (0.32) | |
| Mean Square Error | 6715.8T | |
| R-Squared | 0.10 | |
| Significance | 0.22 | |
| Slope | (5,671,008) | |
| Total Sum of Squares | 104955.3T |
Ardagh Operating Income History
About Ardagh Metal Financial Statements
Ardagh Metal shareholders use historical fundamental indicators, such as Operating Income, to determine how well the company is positioned to perform in the future. Although Ardagh Metal investors may analyze each financial statement separately, they are all interrelated. The changes in Ardagh Metal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ardagh Metal's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Income | 202 M | 144.9 M |
Pair Trading with Ardagh Metal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ardagh Metal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ardagh Metal will appreciate offsetting losses from the drop in the long position's value.Moving against Ardagh Stock
| 0.37 | PTVE | Pactiv Evergreen | PairCorr |
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| 0.34 | SLGN | Silgan Holdings | PairCorr |
| 0.32 | BERY | Berry Global Group | PairCorr |
| 0.32 | VIRC | Virco Manufacturing | PairCorr |
The ability to find closely correlated positions to Ardagh Metal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ardagh Metal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ardagh Metal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ardagh Metal Packaging to buy it.
The correlation of Ardagh Metal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ardagh Metal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ardagh Metal Packaging moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ardagh Metal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ardagh Stock Analysis
When running Ardagh Metal's price analysis, check to measure Ardagh Metal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ardagh Metal is operating at the current time. Most of Ardagh Metal's value examination focuses on studying past and present price action to predict the probability of Ardagh Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardagh Metal's price. Additionally, you may evaluate how the addition of Ardagh Metal to your portfolios can decrease your overall portfolio volatility.