Bird Operating Income from 2010 to 2026
| BDT Stock | CAD 29.84 1.34 4.30% |
Operating Income | First Reported 2006-03-31 | Previous Quarter 32.2 M | Current Value 47.3 M | Quarterly Volatility 11.7 M |
Check Bird Construction financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bird Construction's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.4 M, Total Revenue of 4.1 B or Gross Profit of 397 M, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 0.0231 or PTB Ratio of 3.5. Bird financial statements analysis is a perfect complement when working with Bird Construction Valuation or Volatility modules.
Bird | Operating Income |
Evaluating Bird Construction's Operating Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Bird Construction's fundamental strength.
Latest Bird Construction's Operating Income Growth Pattern
Below is the plot of the Operating Income of Bird Construction over the last few years. Operating Income is the amount of profit realized from Bird Construction 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 Bird Construction 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. Bird Construction's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bird Construction's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Bird Operating Income Regression Statistics
| Arithmetic Mean | 63,647,974 | |
| Geometric Mean | 37,846,330 | |
| Coefficient Of Variation | 86.18 | |
| Mean Deviation | 42,369,381 | |
| Median | 47,590,000 | |
| Standard Deviation | 54,854,828 | |
| Sample Variance | 3009.1T | |
| Range | 176.4M | |
| R-Value | 0.72 | |
| Mean Square Error | 1550.7T | |
| R-Squared | 0.52 | |
| Significance | 0 | |
| Slope | 7,809,709 | |
| Total Sum of Squares | 48144.8T |
Bird Operating Income History
About Bird Construction Financial Statements
Bird Construction investors utilize fundamental indicators, such as Operating Income, to predict how Bird 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 Reported | Projected for Next Year | ||
| Operating Income | 168.5 M | 177 M |
Pair Trading with Bird Construction
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 Bird Construction 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 Bird Construction will appreciate offsetting losses from the drop in the long position's value.Moving together with Bird Stock
| 0.62 | RY-PS | Royal Bank | PairCorr |
| 0.87 | RY | Royal Bank | PairCorr |
| 0.93 | TD | Toronto Dominion Bank | PairCorr |
| 0.93 | BNS | Bank of Nova Scotia | PairCorr |
The ability to find closely correlated positions to Bird Construction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bird Construction 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 Bird Construction - 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 Bird Construction to buy it.
The correlation of Bird Construction 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 Bird Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bird Construction 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 Bird Construction 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.Other Information on Investing in Bird Stock
Bird Construction financial ratios help investors to determine whether Bird Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bird with respect to the benefits of owning Bird Construction security.