Ducommun Net Income from 2010 to 2024

DCO Stock  USD 67.43  1.15  1.74%   
Ducommun Incorporated Net Income yearly trend continues to be very stable with very little volatility. Net Income is likely to drop to about 11.9 M. During the period from 2010 to 2024, Ducommun Incorporated Net Income quarterly data regression pattern had range of 208.8 M and standard deviation of  44,341,109. View All Fundamentals
 
Net Income  
First Reported
1989-06-30
Previous Quarter
7.7 M
Current Value
10.1 M
Quarterly Volatility
11.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ducommun Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ducommun Incorporated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.2 M, Interest Expense of 21.8 M or Selling General Administrative of 120.5 M, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.005 or PTB Ratio of 0.85. Ducommun financial statements analysis is a perfect complement when working with Ducommun Incorporated Valuation or Volatility modules.
  
Check out the analysis of Ducommun Incorporated Correlation against competitors.
To learn how to invest in Ducommun Stock, please use our How to Invest in Ducommun Incorporated guide.

Latest Ducommun Incorporated's Net Income Growth Pattern

Below is the plot of the Net Income of Ducommun Incorporated over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Ducommun Incorporated financial statement analysis. It represents the amount of money remaining after all of Ducommun Incorporated operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Ducommun Incorporated's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ducommun Incorporated's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 15.93 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Ducommun Net Income Regression Statistics

Arithmetic Mean15,272,634
Coefficient Of Variation290.33
Mean Deviation24,810,173
Median16,437,000
Standard Deviation44,341,109
Sample Variance1966.1T
Range208.8M
R-Value0.46
Mean Square Error1666.1T
R-Squared0.21
Significance0.08
Slope4,577,516
Total Sum of Squares27525.9T

Ducommun Net Income History

202411.9 M
202315.9 M
202228.8 M
2021135.5 M
202029.2 M
201932.5 M
2018M

Other Fundumenentals of Ducommun Incorporated

Ducommun Incorporated Net Income component correlations

About Ducommun Incorporated Financial Statements

Ducommun Incorporated investors utilize fundamental indicators, such as Net Income, to predict how Ducommun 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 ReportedProjected for Next Year
Net Income15.9 M14.2 M
Net Income Applicable To Common Shares33.1 M17.3 M
Net Income From Continuing Ops18.9 M19 M
Net Income Per Share 1.16  0.73 
Net Income Per E B T 0.97  0.66 

Pair Trading with Ducommun Incorporated

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 Ducommun Incorporated 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 Ducommun Incorporated will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Ducommun Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ducommun Incorporated 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 Ducommun Incorporated - 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 Ducommun Incorporated to buy it.
The correlation of Ducommun Incorporated 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 Ducommun Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ducommun Incorporated 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 Ducommun Incorporated 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 CorrelationCorrelation Matching
When determining whether Ducommun Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ducommun Incorporated's 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 Ducommun Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ducommun Incorporated Stock:
Check out the analysis of Ducommun Incorporated Correlation against competitors.
To learn how to invest in Ducommun Stock, please use our How to Invest in Ducommun Incorporated guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Aerospace & Defense 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 Ducommun Incorporated. If investors know Ducommun 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 Ducommun Incorporated 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
2.05
Earnings Share
2
Revenue Per Share
53.056
Quarterly Revenue Growth
0.026
Return On Assets
0.0333
The market value of Ducommun Incorporated is measured differently than its book value, which is the value of Ducommun that is recorded on the company's balance sheet. Investors also form their own opinion of Ducommun Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Ducommun Incorporated'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 Ducommun Incorporated's market value can be influenced by many factors that don't directly affect Ducommun Incorporated'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 Ducommun Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ducommun Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ducommun Incorporated'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.