Cencora Gross Profit from 2010 to 2024

COR Stock

USD 244.23 0.79 0.32%

Cencora Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to grow to about 10.4 B this year. Gross Profit is the profit Cencora makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1994-12-31

Previous Quarter

2.1 B

Current Value

2.5 B

Quarterly Volatility

621.7 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Cencora financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cencora's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Selling General Administrative of 6.4 B or Total Revenue of 308.7 B, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0083 or PTB Ratio of 59.63. Cencora financial statements analysis is a perfect complement when working with Cencora Valuation or Volatility modules.

Check out the analysis of Cencora Correlation against competitors.

To learn how to invest in Cencora Stock, please use our How to Invest in Cencora guide.

Latest Cencora's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Cencora over the last few years. Gross profit is a required income statement account that reflects total revenue of Cencora minus its cost of goods sold. It is profit before Cencora operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Cencora's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cencora's overall financial position and show how it may be relating to other accounts over time.

View

Last Reported 8.33 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Cencora Gross Profit Regression Statistics

	Arithmetic Mean	5,316,494,697
	Geometric Mean	4,161,656,553
	Coefficient Of Variation	56.00
	Mean Deviation	2,373,543,729
	Median	4,576,379,000
	Standard Deviation	2,977,336,996
	Sample Variance	8864535.6T
	Range	10.2B
	R-Value	0.97
	Mean Square Error	506876.9T
	R-Squared	0.95
	Slope	647,837,333
	Total Sum of Squares	124103498.2T

Cencora Gross Profit History

	2024	10.4 B
	2023	9.9 B
	2022	9 B
	2021	8.3 B
	2020	6.8 B
	2019	5.2 B
	2018	5.1 B

Other Fundumenentals of Cencora

Gross Profit Margin

Cencora Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Current Deferred Revenue	Good Will	Short Term Investments	Net Tangible Assets	Long Term Debt	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Cash And Equivalents
Total Assets		-0.29	0.48	0.77	1.0	0.99	1.0	1.0	0.71	0.7	0.8	-0.14	0.98	0.0	-0.85	0.54	-0.73	0.74	0.68	-0.78	0.71	0.41	0.78	-0.84
Total Stockholder Equity	-0.29		-0.09	0.26	-0.29	-0.33	-0.34	-0.3	-0.46	-0.2	-0.29	-0.15	-0.3	0.17	0.61	-0.28	0.59	-0.6	-0.25	0.32	-0.53	-0.37	-0.35	0.42
Net Debt	0.48	-0.09		0.29	0.43	0.43	0.48	0.43	0.29	0.06	0.25	0.5	0.49	0.16	-0.52	0.73	0.09	0.23	0.06	-0.34	0.64	0.8	0.28	-0.54
Retained Earnings	0.77	0.26	0.29		0.79	0.77	0.74	0.76	0.44	0.73	0.75	-0.44	0.78	-0.11	-0.45	0.24	-0.44	0.46	0.65	-0.73	0.32	-0.01	0.68	-0.6
Accounts Payable	1.0	-0.29	0.43	0.79		1.0	0.99	1.0	0.71	0.74	0.83	-0.21	0.98	-0.04	-0.83	0.5	-0.76	0.74	0.72	-0.8	0.68	0.34	0.8	-0.83
Net Receivables	0.99	-0.33	0.43	0.77	1.0		0.99	0.99	0.7	0.75	0.84	-0.17	0.98	-0.05	-0.87	0.54	-0.77	0.77	0.73	-0.82	0.72	0.38	0.83	-0.87
Total Liab	1.0	-0.34	0.48	0.74	0.99	0.99		1.0	0.72	0.7	0.8	-0.13	0.98	-0.01	-0.87	0.55	-0.75	0.76	0.68	-0.79	0.73	0.42	0.79	-0.85
Total Current Assets	1.0	-0.3	0.43	0.76	1.0	0.99	1.0		0.71	0.7	0.79	-0.17	0.97	-0.01	-0.84	0.52	-0.76	0.75	0.69	-0.77	0.7	0.38	0.79	-0.83
Short Term Debt	0.71	-0.46	0.29	0.44	0.71	0.7	0.72	0.71		0.44	0.52	-0.35	0.67	-0.4	-0.73	0.25	-0.67	0.89	0.45	-0.65	0.64	0.26	0.61	-0.59
Common Stock	0.7	-0.2	0.06	0.73	0.74	0.75	0.7	0.7	0.44		0.97	-0.43	0.74	-0.44	-0.62	0.27	-0.74	0.55	0.86	-0.9	0.34	-0.04	0.85	-0.78
Intangible Assets	0.8	-0.29	0.25	0.75	0.83	0.84	0.8	0.79	0.52	0.97		-0.31	0.85	-0.36	-0.73	0.42	-0.74	0.62	0.87	-0.93	0.5	0.13	0.9	-0.87
Current Deferred Revenue	-0.14	-0.15	0.5	-0.44	-0.21	-0.17	-0.13	-0.17	-0.35	-0.43	-0.31		-0.11	0.53	-0.08	0.59	0.39	-0.36	-0.33	0.35	0.29	0.73	-0.27	-0.03
Good Will	0.98	-0.3	0.49	0.78	0.98	0.98	0.98	0.97	0.67	0.74	0.85	-0.11		0.01	-0.84	0.56	-0.73	0.71	0.73	-0.8	0.71	0.39	0.81	-0.86
Short Term Investments	0.0	0.17	0.16	-0.11	-0.04	-0.05	-0.01	-0.01	-0.4	-0.44	-0.36	0.53	0.01		0.16	0.06	0.2	-0.34	-0.36	0.49	-0.08	0.21	-0.4	0.27
Net Tangible Assets	-0.85	0.61	-0.52	-0.45	-0.83	-0.87	-0.87	-0.84	-0.73	-0.62	-0.73	-0.08	-0.84	0.16		-0.69	0.73	-0.83	-0.59	0.81	-0.89	-0.66	-0.77	0.93
Long Term Debt	0.54	-0.28	0.73	0.24	0.5	0.54	0.55	0.52	0.25	0.27	0.42	0.59	0.56	0.06	-0.69		-0.13	0.3	0.39	-0.43	0.86	0.87	0.52	-0.74
Net Invested Capital	-0.73	0.59	0.09	-0.44	-0.76	-0.77	-0.75	-0.76	-0.67	-0.74	-0.74	0.39	-0.73	0.2	0.73	-0.13		-0.79	-0.7	0.7	-0.43	-0.02	-0.72	0.65
Short Long Term Debt	0.74	-0.6	0.23	0.46	0.74	0.77	0.76	0.75	0.89	0.55	0.62	-0.36	0.71	-0.34	-0.83	0.3	-0.79		0.59	-0.76	0.72	0.29	0.76	-0.71
Capital Stock	0.68	-0.25	0.06	0.65	0.72	0.73	0.68	0.69	0.45	0.86	0.87	-0.33	0.73	-0.36	-0.59	0.39	-0.7	0.59		-0.77	0.47	0.03	0.95	-0.76
Net Working Capital	-0.78	0.32	-0.34	-0.73	-0.8	-0.82	-0.79	-0.77	-0.65	-0.9	-0.93	0.35	-0.8	0.49	0.81	-0.43	0.7	-0.76	-0.77		-0.6	-0.24	-0.9	0.91
Property Plant Equipment	0.71	-0.53	0.64	0.32	0.68	0.72	0.73	0.7	0.64	0.34	0.5	0.29	0.71	-0.08	-0.89	0.86	-0.43	0.72	0.47	-0.6		0.81	0.65	-0.81
Long Term Debt Total	0.41	-0.37	0.8	-0.01	0.34	0.38	0.42	0.38	0.26	-0.04	0.13	0.73	0.39	0.21	-0.66	0.87	-0.02	0.29	0.03	-0.24	0.81		0.24	-0.57
Capital Surpluse	0.78	-0.35	0.28	0.68	0.8	0.83	0.79	0.79	0.61	0.85	0.9	-0.27	0.81	-0.4	-0.77	0.52	-0.72	0.76	0.95	-0.9	0.65	0.24		-0.89
Cash And Equivalents	-0.84	0.42	-0.54	-0.6	-0.83	-0.87	-0.85	-0.83	-0.59	-0.78	-0.87	-0.03	-0.86	0.27	0.93	-0.74	0.65	-0.71	-0.76	0.91	-0.81	-0.57	-0.89

Click cells to compare fundamentals

About Cencora Financial Statements

Cencora shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Cencora investors may analyze each financial statement separately, they are all interrelated. The changes in Cencora's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cencora's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	9.9 B	10.4 B
Gross Profit Margin	0.03	0.04

Pair Trading with Cencora

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

Moving together with Cencora Stock

0.72	GH	Guardant Health	Pair Corr
0.79	LH	Laboratory	Pair Corr

Moving against Cencora Stock

0.69	DRIO	DarioHealth Corp	Pair Corr
0.49	EKSO	Ekso Bionics Holdings	Pair Corr
0.44	VERO	Venus Concept	Pair Corr

The ability to find closely correlated positions to Cencora could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cencora 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 Cencora - 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 Cencora to buy it.

The correlation of Cencora 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 Cencora moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cencora 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 Cencora 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 Correlation Correlation Matching

Additional Tools for Cencora Stock Analysis

When running Cencora's price analysis, check to measure Cencora's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cencora is operating at the current time. Most of Cencora's value examination focuses on studying past and present price action to predict the probability of Cencora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cencora's price. Additionally, you may evaluate how the addition of Cencora to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC