Redfin Operating Income from 2010 to 2024

RDFN Stock  USD 8.35  0.19  2.22%   
Redfin Corp Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to grow to about -199.6 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Redfin Corp generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2015-03-31
Previous Quarter
-27.6 M
Current Value
-27 M
Quarterly Volatility
33.8 M
 
Yuan Drop
 
Covid
Check Redfin Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Redfin Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 59.6 M, Interest Expense of 7.8 M or Selling General Administrative of 120.7 M, as well as many indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 0.0017 or PTB Ratio of 28.71. Redfin financial statements analysis is a perfect complement when working with Redfin Corp Valuation or Volatility modules.
  
Check out the analysis of Redfin Corp Correlation against competitors.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.

Latest Redfin Corp's Operating Income Growth Pattern

Below is the plot of the Operating Income of Redfin Corp over the last few years. Operating Income is the amount of profit realized from Redfin Corp 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 Redfin Corp 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. Redfin Corp's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Redfin Corp's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Redfin Operating Income Regression Statistics

Arithmetic Mean(77,293,067)
Geometric Mean37,743,056
Coefficient Of Variation(121.64)
Mean Deviation71,377,156
Median(25,083,000)
Standard Deviation94,021,257
Sample Variance8840T
Range323.7M
R-Value(0.71)
Mean Square Error4669.8T
R-Squared0.51
Significance0
Slope(15,006,243)
Total Sum of Squares123760T

Redfin Operating Income History

2024-199.6 M
2023-210.1 M
2022-322.9 M
2021-110 M
2020792 K
2019-79.2 M
2018-43.9 M

Other Fundumenentals of Redfin Corp

Redfin Corp Operating Income component correlations

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Click cells to compare fundamentals

About Redfin Corp Financial Statements

Redfin Corp investors utilize fundamental indicators, such as Operating Income, to predict how Redfin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Operating Income-210.1 M-199.6 M
Non Operating Income Net Other69.1 M72.5 M

Pair Trading with Redfin Corp

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 Redfin Corp 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 Redfin Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Redfin Stock

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Moving against Redfin Stock

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The ability to find closely correlated positions to Redfin Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Redfin Corp 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 Redfin Corp - 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 Redfin Corp to buy it.
The correlation of Redfin Corp 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 Redfin Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Redfin Corp 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 Redfin Corp 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
When determining whether Redfin Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Redfin Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Redfin Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Redfin Corp Stock:
Check out the analysis of Redfin Corp Correlation against competitors.
To learn how to invest in Redfin Stock, please use our How to Invest in Redfin Corp guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Redfin Corp. If investors know Redfin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Redfin Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.286
Earnings Share
(1.27)
Revenue Per Share
8.511
Quarterly Revenue Growth
0.034
Return On Assets
(0.09)
The market value of Redfin Corp is measured differently than its book value, which is the value of Redfin that is recorded on the company's balance sheet. Investors also form their own opinion of Redfin Corp's value that differs from its market value or its book value, called intrinsic value, which is Redfin Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Redfin Corp's market value can be influenced by many factors that don't directly affect Redfin Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Redfin Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redfin Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redfin Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.