Monro Historical Income Statement
| MNRO Stock | USD 15.87 0.62 3.76% |
Historical analysis of Monro Muffler income statement accounts such as Gross Profit of 545.9 M can show how well Monro Muffler Brake performed in making a profits. Evaluating Monro Muffler income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Monro Muffler's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Monro Muffler Brake 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 Monro Muffler Brake is a good buy for the upcoming year.
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About Monro Income Statement Analysis
Monro Muffler Brake 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 Monro Muffler shareholders. The income statement also shows Monro 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).
Monro Muffler Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Monro Muffler Brake 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 Monro Muffler Brake minus its cost of goods sold. It is profit before Monro Muffler 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 Monro Muffler Brake. It is also known as Monro Muffler 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 Monro Muffler's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Monro Muffler Brake 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monro Muffler Brake. 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, Monro Muffler's Total Operating Expenses is very stable compared to the past year. As of the 28th of March 2025, Income Tax Expense is likely to grow to about 17.5 M, while Operating Income is likely to drop about 55 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 456.2M | 452.1M | 519.9M | 545.9M | Total Revenue | 1.3B | 1.3B | 1.5B | 1.5B |
Monro Muffler income statement Correlations
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Monro Muffler Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Monro Muffler income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 77.3M | 81.2M | 77.0M | 72.2M | 83.0M | 87.2M | |
| Interest Expense | 28.2M | 24.6M | 23.2M | 20.0M | 23.0M | 24.2M | |
| Total Revenue | 1.1B | 1.4B | 1.3B | 1.3B | 1.5B | 1.5B | |
| Gross Profit | 395.2M | 481.8M | 456.2M | 452.1M | 519.9M | 545.9M | |
| Other Operating Expenses | 1.1B | 1.3B | 1.2B | 1.2B | 1.4B | 1.5B | |
| Operating Income | (4.9M) | 20.7M | 79.8M | 71.4M | 82.1M | 55.0M | |
| Ebit | (4.9M) | 20.7M | 79.8M | 71.9M | 82.7M | 57.7M | |
| Ebitda | 72.4M | 101.9M | 156.8M | 144.1M | 165.7M | 85.4M | |
| Cost Of Revenue | 730.5M | 877.5M | 869.2M | 824.7M | 948.4M | 995.8M | |
| Total Operating Expenses | 323.0M | 380.5M | 376.4M | 380.7M | 437.8M | 459.7M | |
| Income Before Tax | 44.2M | 77.3M | 57.2M | 51.9M | 59.7M | 51.7M | |
| Total Other Income Expense Net | 49.1M | 56.5M | (22.6M) | (19.5M) | (22.5M) | (21.4M) | |
| Net Income | 34.3M | 61.6M | 39.0M | 37.6M | 43.2M | 34.2M | |
| Income Tax Expense | 9.9M | 15.7M | 18.1M | 14.3M | 16.5M | 17.5M | |
| Selling General Administrative | 323.0M | 380.5M | 376.4M | 380.7M | 437.8M | 459.7M | |
| Net Income Applicable To Common Shares | 58.0M | 34.3M | 61.6M | 39.0M | 44.9M | 42.5M | |
| Net Income From Continuing Ops | 34.3M | 61.6M | 39.0M | 37.6M | 33.8M | 44.1M | |
| Non Operating Income Net Other | 785K | 188K | 618K | 593K | 682.0K | 610.4K | |
| Tax Provision | 9.9M | 15.7M | 18.1M | 14.3M | 12.9M | 19.7M | |
| Net Interest Income | (28.2M) | (24.6M) | (23.2M) | (20.0M) | (23.0M) | (24.2M) | |
| Reconciled Depreciation | 77.3M | 81.2M | 77.0M | 72.2M | 83.0M | 75.0M |
Pair Trading with Monro Muffler
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 Monro Muffler 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 Monro Muffler will appreciate offsetting losses from the drop in the long position's value.Moving together with Monro Stock
Moving against Monro Stock
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| 0.84 | PDD | PDD Holdings | PairCorr |
| 0.83 | JD | JD Inc Adr | PairCorr |
The ability to find closely correlated positions to Monro Muffler could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Monro Muffler 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 Monro Muffler - 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 Monro Muffler Brake to buy it.
The correlation of Monro Muffler 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 Monro Muffler moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Monro Muffler Brake 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 Monro Muffler 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monro Muffler Brake. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Automotive Retail 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 Monro Muffler. If investors know Monro 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 Monro Muffler 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 (0.62) | Dividend Share 1.12 | Earnings Share 0.64 | Revenue Per Share | Quarterly Revenue Growth (0.04) |
The market value of Monro Muffler Brake is measured differently than its book value, which is the value of Monro that is recorded on the company's balance sheet. Investors also form their own opinion of Monro Muffler's value that differs from its market value or its book value, called intrinsic value, which is Monro Muffler'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 Monro Muffler's market value can be influenced by many factors that don't directly affect Monro Muffler'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 Monro Muffler's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monro Muffler is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monro Muffler'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.