INC Financial Statements From 2010 to 2025

INCR Stock  USD 1.63  0.03  1.81%   
INC Research financial statements provide useful quarterly and yearly information to potential INC Research Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on INC Research financial statements helps investors assess INC Research's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting INC Research's valuation are summarized below:
Gross Profit
78 M
Profit Margin
(0.24)
Market Capitalization
76.9 M
Enterprise Value Revenue
1.5003
Revenue
272.7 M
There are over one hundred nineteen available fundamental measures for INC Research, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to confirm INC Research's latest fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction. As of 02/26/2025, Market Cap is likely to drop to about 243.8 M. In addition to that, Enterprise Value is likely to drop to about 195.6 M

INC Research Total Revenue

429.33 Million

Check INC Research financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among INC Research's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.9 M, Interest Expense of 29.2 M or Selling General Administrative of 77.6 M, as well as many indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 0.0 or PTB Ratio of 0.42. INC financial statements analysis is a perfect complement when working with INC Research Valuation or Volatility modules.
  
Check out the analysis of INC Research Correlation against competitors.

INC Research Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding55 M52.4 M22.4 M
Slightly volatile
Total Assets949.8 M904.6 M314 M
Slightly volatile
Short and Long Term Debt Total236.3 M225 M71.7 M
Slightly volatile
Other Current Liabilities65.9 M62.8 M21 M
Slightly volatile
Total Current Liabilities272.7 M259.7 M91.2 M
Slightly volatile
Property Plant And Equipment Net117.7 M112.1 M37.7 M
Slightly volatile
Current Deferred Revenue61 M58.1 M11.6 M
Slightly volatile
Accounts Payable94.7 M90.2 M30.5 M
Slightly volatile
Cash122.1 M116.3 M53.2 M
Slightly volatile
Non Current Assets Total444.1 M423 M163.8 M
Slightly volatile
Cash And Short Term Investments122.4 M116.5 M54.3 M
Slightly volatile
Net Receivables73.8 M70.3 M19.5 M
Slightly volatile
Liabilities And Stockholders Equity949.8 M904.6 M314 M
Slightly volatile
Total Liabilities397.9 M379 M123.3 M
Slightly volatile
Total Current Assets505.7 M481.6 M150.7 M
Slightly volatile
Short Term Debt112.1 M106.8 M39.8 M
Slightly volatile
Common Stock776.6 M739.6 M331.4 M
Slightly volatile
Short Term Investments159.9 K168.3 K2.2 M
Slightly volatile
Intangible Assets375.5 K357.3 K420.3 K
Slightly volatile
Net Tangible Assets229.4 M218.5 M86.5 M
Slightly volatile
Net Invested Capital391.4 M719.3 M235.4 M
Slightly volatile
Short and Long Term Debt106.5 M101.4 M34.3 M
Slightly volatile
Property Plant Equipment104.5 M99.5 M34.3 M
Slightly volatile
Long Term Investments1.6 M1.7 M23.2 M
Slightly volatile
Capital Stock534.7 M739.6 M343.1 M
Slightly volatile
Other Liabilities210.1 K256.4 K202 K
Slightly volatile
Long Term Debt99.3 M94.5 M24.5 M
Slightly volatile
Good Will246.7 M254.2 M195.9 M
Slightly volatile
Capital Lease Obligations18.4 M29.1 M9.8 M
Slightly volatile
Property Plant And Equipment Gross99.6 M158.3 M63 M
Slightly volatile
Other Assets3.3 M3.5 MM
Slightly volatile

INC Research Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense29.2 M27.9 M7.7 M
Slightly volatile
Selling General Administrative77.6 M73.9 M29.5 M
Slightly volatile
Selling And Marketing Expenses26.5 M25.2 M8.9 M
Slightly volatile
Other Operating Expenses479.5 M456.7 M130.2 M
Slightly volatile
Research Development871.3 K446.2 KM
Very volatile
Total Operating Expenses177.1 M168.7 M51.7 M
Slightly volatile
Reconciled Depreciation15.9 M15.1 M4.2 M
Slightly volatile

INC Research Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow280.9 M267.5 M66.3 M
Slightly volatile
Depreciation15.9 M15.1 M4.2 M
Slightly volatile
End Period Cash Flow122.1 M116.3 M53.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.690.7253.8905
Slightly volatile
Days Sales Outstanding33.4456.4747.0798
Slightly volatile
Average Payables113 K119 K593 K
Slightly volatile
Capex To Depreciation0.220.233.8635
Pretty Stable
EV To Sales0.981.0319.3853
Slightly volatile
Payables Turnover1.52.871.7909
Slightly volatile
Sales General And Administrative To Revenue0.150.162.4577
Very volatile
Research And Ddevelopement To Revenue0.00120.00130.0752
Slightly volatile
Capex To Revenue0.00630.00660.0328
Pretty Stable
Cash Per Share4.732.564.1981
Pretty Stable
Days Payables Outstanding248131234
Slightly volatile
Intangibles To Total Assets0.260.250.3621
Slightly volatile
Current Ratio2.082.131.7983
Pretty Stable
Receivables Turnover6.356.6910.0362
Slightly volatile
Graham Number19.120.1162.2676
Slightly volatile
Capex Per Share0.04920.05170.1741
Very volatile
Average Receivables401.5 K403.6 K364.4 K
Very volatile
Revenue Per Share14.158.9810.3578
Slightly volatile
Interest Debt Per Share5.275.5522.3517
Slightly volatile
Debt To Assets0.270.291.8711
Slightly volatile
Days Of Payables Outstanding248131234
Slightly volatile
Long Term Debt To Capitalization0.140.1530.0403
Slightly volatile
Quick Ratio1.841.591.5699
Very volatile
Net Income Per E B T0.971.160.8772
Pretty Stable
Cash Ratio0.710.40.7967
Very volatile
Days Of Sales Outstanding33.4456.4747.0798
Slightly volatile
Fixed Asset Turnover3.994.1915.5479
Slightly volatile
Debt Ratio0.270.291.8711
Slightly volatile
Price Sales Ratio0.690.7253.8905
Slightly volatile
Asset Turnover0.490.520.9347
Slightly volatile
Gross Profit Margin0.620.340.4733
Slightly volatile

INC Research Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap243.8 M256.6 M744.3 M
Slightly volatile
Enterprise Value195.6 M285.9 M294.3 M
Very volatile

INC Fundamental Market Drivers

Forward Price Earnings6.9396
Cash And Short Term Investments101.3 M

INC Upcoming Events

29th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About INC Research Financial Statements

INC Research shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although INC Research investors may analyze each financial statement separately, they are all interrelated. The changes in INC Research's assets and liabilities, for example, are also reflected in the revenues and expenses on on INC Research's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue58.1 M61 M
Total Revenue408.9 M429.3 M
Cost Of Revenue288 M302.4 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.16  0.15 
Capex To Revenue 0.01  0.01 
Revenue Per Share 8.98  14.15 
Ebit Per Revenue(0.13)(0.14)

Pair Trading with INC Research

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 INC Research 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 INC Research will appreciate offsetting losses from the drop in the long position's value.

Moving against INC Stock

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The ability to find closely correlated positions to INC Research could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace INC Research 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 INC Research - 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 INC Research Holdings to buy it.
The correlation of INC Research 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 INC Research moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if INC Research Holdings 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 INC Research 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.
Pair CorrelationCorrelation Matching

Additional Tools for INC Stock Analysis

When running INC Research's price analysis, check to measure INC Research'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 INC Research is operating at the current time. Most of INC Research's value examination focuses on studying past and present price action to predict the probability of INC Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move INC Research's price. Additionally, you may evaluate how the addition of INC Research to your portfolios can decrease your overall portfolio volatility.