Fortune Net Income Applicable To Common Shares from 2010 to 2026
| FBIN Stock | 51.25 0.00 0.00% |
Net Income Applicable To Common Shares | First Reported 2010-12-31 | Previous Quarter 789.7 M | Current Value 672.1 M | Quarterly Volatility 140.4 M |
Check Fortune Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortune Brands' main balance sheet or income statement drivers, such as Depreciation And Amortization of 152.7 M, Interest Expense of 160.7 M or Total Revenue of 4.7 B, as well as many indicators such as Price To Sales Ratio of 1.21, Dividend Yield of 0.0133 or PTB Ratio of 3.96. Fortune financial statements analysis is a perfect complement when working with Fortune Brands Valuation or Volatility modules.
Fortune | Net Income Applicable To Common Shares | Build AI portfolio with Fortune Stock |
Evaluating Fortune Brands's Net Income Applicable To Common Shares 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 Fortune Brands Innovations's fundamental strength.
Latest Fortune Brands' Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Fortune Brands Innovations over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Fortune Brands' Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortune Brands' overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Fortune Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 539,201,912 | |
| Geometric Mean | 523,366,146 | |
| Coefficient Of Variation | 26.04 | |
| Mean Deviation | 126,237,543 | |
| Median | 431,900,000 | |
| Standard Deviation | 140,401,116 | |
| Sample Variance | 19712.5T | |
| Range | 357.8M | |
| R-Value | 0.84 | |
| Mean Square Error | 6241.5T | |
| R-Squared | 0.70 | |
| Significance | 0.000026 | |
| Slope | 23,314,596 | |
| Total Sum of Squares | 315399.6T |
Fortune Net Income Applicable To Common Shares History
About Fortune Brands Financial Statements
Fortune Brands investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Fortune 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 | ||
| Net Income Applicable To Common Shares | 789.7 M | 672.1 M |
Pair Trading with Fortune Brands
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 Fortune Brands 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 Fortune Brands will appreciate offsetting losses from the drop in the long position's value.Moving together with Fortune Stock
| 0.88 | NX | Quanex Building Products | PairCorr |
| 0.92 | OC | Owens Corning Earnings Call This Week | PairCorr |
| 0.75 | LXI | Lennox International | PairCorr |
Moving against Fortune Stock
The ability to find closely correlated positions to Fortune Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortune Brands 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 Fortune Brands - 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 Fortune Brands Innovations to buy it.
The correlation of Fortune Brands 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 Fortune Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortune Brands Innov 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 Fortune Brands 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 the analysis of Fortune Brands Correlation against competitors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Will Building Products sector continue expanding? Could Fortune diversify its offerings? Factors like these will boost the valuation of Fortune Brands. Market participants price Fortune higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Fortune Brands data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.25) | Dividend Share 1 | Earnings Share 2.47 | Revenue Per Share | Quarterly Revenue Growth (0.02) |
Fortune Brands Innov's market price often diverges from its book value, the accounting figure shown on Fortune's balance sheet. Smart investors calculate Fortune Brands' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Fortune Brands' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Fortune Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortune Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortune Brands' 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.