Huron Historical Income Statement
HURN Stock | USD 122.81 0.89 0.72% |
Historical analysis of Huron Consulting income statement accounts such as Selling General Administrative of 145 M or Total Revenue of 745.4 M can show how well Huron Consulting Group performed in making a profits. Evaluating Huron Consulting income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Huron Consulting's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Huron Consulting latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Huron Consulting is a good buy for the upcoming year.
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About Huron Income Statement Analysis
Huron Consulting Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Huron Consulting shareholders. The income statement also shows Huron investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Huron Consulting Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Huron Consulting 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Huron Consulting Group minus its cost of goods sold. It is profit before Huron Consulting operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Huron Consulting. It is also known as Huron Consulting overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Huron Consulting's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Huron Consulting current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huron Consulting Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Huron Consulting's Non Recurring is very stable compared to the past year. As of the 2nd of December 2024, Non Operating Income Net Other is likely to grow to about 5.2 M, while Depreciation And Amortization is likely to drop about 29.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 268.8M | 346.4M | 419.3M | 246.4M | Total Revenue | 927.0M | 1.2B | 1.4B | 745.4M |
Huron Consulting income statement Correlations
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Huron Consulting Account Relationship Matchups
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Huron Consulting income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 35.7M | 37.4M | 32.5M | 33.7M | 31.2M | 29.9M | |
Interest Expense | 15.6M | 9.3M | 8.2M | 11.9M | 19.6M | 11.1M | |
Selling General Administrative | 194.7M | 166.6M | 173.6M | 203.1M | 250.2M | 145.0M | |
Total Revenue | 965.5M | 871.0M | 927.0M | 1.2B | 1.4B | 745.4M | |
Gross Profit | 301.2M | 251.7M | 268.8M | 346.4M | 419.3M | 246.4M | |
Other Operating Expenses | 901.1M | 819.7M | 861.5M | 1.0B | 1.3B | 671.6M | |
Operating Income | 63.7M | 131.5M | 78.0M | 99.8M | 125.3M | 131.6M | |
Ebit | 63.7M | (24.6M) | 88.2M | 120.5M | 130.6M | 87.6M | |
Ebitda | 99.4M | 12.8M | 120.6M | 154.2M | 161.8M | 117.5M | |
Cost Of Revenue | 664.3M | 619.3M | 658.1M | 812.6M | 979.5M | 499.0M | |
Total Operating Expenses | 236.8M | 200.3M | 203.4M | 236.7M | 293.9M | 173.3M | |
Income Before Tax | 52.5M | (33.9M) | 80.0M | 108.6M | 83.9M | 88.1M | |
Total Other Income Expense Net | (11.2M) | (86.5M) | 2.0M | 8.8M | (41.5M) | (39.4M) | |
Net Income | 41.7M | (23.7M) | 63.0M | 75.6M | 62.5M | 65.6M | |
Income Tax Expense | 10.5M | (10.2M) | 17.0M | 33.0M | 21.4M | 12.1M | |
Net Income Applicable To Common Shares | 41.7M | (23.8M) | 63.0M | 75.6M | 86.9M | 91.2M | |
Net Income From Continuing Ops | 42.0M | (23.7M) | 63.0M | 75.6M | 76.7M | 80.6M | |
Research Development | 3M | 4.7M | 5.2M | 5.9M | 6.5M | 6.8M | |
Non Recurring | 259.3M | 3.7M | 1.9M | 80.3M | 92.4M | 97.0M | |
Non Operating Income Net Other | (15.0M) | (26.9M) | 4.4M | 4.3M | 4.9M | 5.2M | |
Discontinued Operations | 388K | (298K) | (236K) | (122K) | (109.8K) | (104.3K) | |
Tax Provision | 10.5M | (10.2M) | 17.0M | 33.0M | 28.8M | 30.2M | |
Net Interest Income | (15.6M) | (9.3M) | (8.2M) | (11.9M) | (19.3M) | (20.2M) | |
Reconciled Depreciation | 34.4M | 30.2M | 26.0M | 27.4M | 25.4M | 26.6M |
Pair Trading with Huron Consulting
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 Huron Consulting 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 Huron Consulting will appreciate offsetting losses from the drop in the long position's value.Moving together with Huron Stock
Moving against Huron Stock
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The ability to find closely correlated positions to Huron Consulting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Huron Consulting 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 Huron Consulting - 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 Huron Consulting Group to buy it.
The correlation of Huron Consulting 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 Huron Consulting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Huron Consulting 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 Huron Consulting 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huron Consulting Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Research & Consulting Services 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 Huron Consulting. If investors know Huron 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 Huron Consulting 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 0.336 | Earnings Share 4.57 | Revenue Per Share 79.452 | Quarterly Revenue Growth 0.033 | Return On Assets 0.0708 |
The market value of Huron Consulting is measured differently than its book value, which is the value of Huron that is recorded on the company's balance sheet. Investors also form their own opinion of Huron Consulting's value that differs from its market value or its book value, called intrinsic value, which is Huron Consulting'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 Huron Consulting's market value can be influenced by many factors that don't directly affect Huron Consulting'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 Huron Consulting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Huron Consulting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huron Consulting'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.