Commercial Total Revenue vs Operating Income Analysis
CMC Stock | USD 61.37 0.78 1.26% |
Commercial Metals financial indicator trend analysis is way more than just evaluating Commercial Metals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Commercial Metals is a good investment. Please check the relationship between Commercial Metals Total Revenue and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.
Total Revenue vs Operating Income
Total Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commercial Metals Total Revenue account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Commercial Metals' Total Revenue and Operating Income is 0.67. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Commercial Metals, assuming nothing else is changed. The correlation between historical values of Commercial Metals' Total Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Commercial Metals are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Revenue i.e., Commercial Metals' Total Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Commercial Metals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Operating Income
Operating Income is the amount of profit realized from Commercial Metals 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 Commercial Metals is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Commercial Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Commercial Metals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.At present, Commercial Metals' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 6.9 B, whereas Selling General Administrative is forecasted to decline to about 368.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 1.8B | 1.4B | 1.4B | Total Revenue | 8.9B | 8.8B | 7.9B | 4.9B |
Commercial Metals fundamental ratios Correlations
Click cells to compare fundamentals
Commercial Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Commercial Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1B | 4.6B | 6.2B | 6.6B | 6.8B | 7.2B | |
Short Long Term Debt Total | 1.1B | 1.1B | 1.5B | 1.2B | 1.2B | 698.7M | |
Other Current Liab | 455.0M | 417.8M | 540.1M | 438.8M | 445.5M | 467.8M | |
Total Current Liabilities | 745.3M | 980.5M | 1.4B | 843.7M | 834.9M | 667.4M | |
Total Stockholder Equity | 1.9B | 2.3B | 3.3B | 4.1B | 4.3B | 4.5B | |
Property Plant And Equipment Net | 1.6B | 1.6B | 1.9B | 2.4B | 2.6B | 2.7B | |
Net Debt | 541.6M | 572.0M | 829.4M | 562.5M | 331.7M | 453.7M | |
Retained Earnings | 1.8B | 2.2B | 3.3B | 4.1B | 4.5B | 4.7B | |
Cash | 542.1M | 497.7M | 672.6M | 592.3M | 857.9M | 900.8M | |
Non Current Assets Total | 1.9B | 1.9B | 2.8B | 3.5B | 3.5B | 3.7B | |
Non Currrent Assets Other | 232.2M | 269.6M | 128.0M | 440.6M | 20.1M | 19.1M | |
Cash And Short Term Investments | 542.1M | 497.7M | 672.6M | 592.3M | 857.9M | 900.8M | |
Net Receivables | 880.7M | 1.1B | 1.4B | 1.2B | 1.2B | 681.4M | |
Common Stock Shares Outstanding | 120.3M | 122.0M | 122.4M | 118.6M | 117.2M | 97.0M | |
Liabilities And Stockholders Equity | 4.1B | 4.6B | 6.2B | 6.6B | 6.8B | 7.2B | |
Non Current Liabilities Total | 1.4B | 1.4B | 1.6B | 1.7B | 1.7B | 1.8B | |
Inventory | 625.4M | 935.4M | 1.2B | 1.0B | 971.8M | 560.2M | |
Other Current Assets | 165.9M | 198.1M | 240.3M | 276.0M | 304.1M | 319.4M | |
Other Stockholder Equity | 183.8M | 215.5M | 86.9M | 26.1M | (119.4M) | (113.5M) | |
Total Liab | 2.2B | 2.3B | 3.0B | 2.5B | 2.5B | 1.5B | |
Property Plant And Equipment Gross | 1.6B | 1.6B | 1.9B | 4.5B | 4.9B | 5.2B | |
Total Current Assets | 2.2B | 2.7B | 3.4B | 3.1B | 3.3B | 3.5B | |
Accumulated Other Comprehensive Income | (103.8M) | (84.8M) | (114.5M) | (3.8M) | (86.0M) | (90.2M) | |
Short Term Debt | 18.1M | 54.4M | 388.8M | 40.5M | 38.8M | 54.6M | |
Accounts Payable | 266.1M | 450.7M | 428.1M | 364.4M | 350.6M | 374.8M | |
Other Liab | 285.7M | 254.3M | 369.2M | 430.2M | 494.7M | 519.4M | |
Other Assets | 104.7M | 147.3M | 43K | 279.8M | 321.8M | 337.9M | |
Long Term Debt | 1.0B | 1.0B | 1.1B | 1.0B | 1.2B | 962.1M | |
Treasury Stock | (197.4M) | (175.1M) | (152.6M) | (295.8M) | (266.3M) | (279.6M) | |
Property Plant Equipment | 1.6B | 1.7B | 1.9B | 2.6B | 3.0B | 3.1B | |
Current Deferred Revenue | 6.0M | 23.9M | 250.3M | 28.4M | 35.4M | 33.6M | |
Good Will | 64.3M | 66.1M | 249.0M | 385.8M | 385.6M | 404.9M | |
Intangible Assets | 12.6M | 10.1M | 257.4M | 259.2M | 234.9M | 246.6M | |
Net Tangible Assets | 1.8B | 2.2B | 3.3B | 3.5B | 4.0B | 4.2B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Commercial Metals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Metals' 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 Commercial Metals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Metals Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Metals & Mining 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 Commercial Metals. If investors know Commercial 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 Commercial Metals 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 (0.43) | Dividend Share 0.68 | Earnings Share 4.14 | Revenue Per Share 68.419 | Quarterly Revenue Growth (0.1) |
The market value of Commercial Metals is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Metals' value that differs from its market value or its book value, called intrinsic value, which is Commercial Metals' 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 Commercial Metals' market value can be influenced by many factors that don't directly affect Commercial Metals' 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 Commercial Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Metals' 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.