Morguard Operating Income from 2010 to 2026
| MRC Stock | CAD 114.99 0.11 0.1% |
Operating Income | First Reported 1996-12-31 | Previous Quarter 147.1 M | Current Value 165.8 M | Quarterly Volatility 55.6 M |
Check Morguard financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Morguard's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.5 M, Interest Expense of 268.7 M or Total Revenue of 690.7 M, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0066 or PTB Ratio of 0.27. Morguard financial statements analysis is a perfect complement when working with Morguard Valuation or Volatility modules.
Morguard | Operating Income |
Evaluating Morguard'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 Morguard's fundamental strength.
Latest Morguard's Operating Income Growth Pattern
Below is the plot of the Operating Income of Morguard over the last few years. Operating Income is the amount of profit realized from Morguard 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 Morguard 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. Morguard's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Morguard'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 |
Morguard Operating Income Regression Statistics
| Arithmetic Mean | 412,085,373 | |
| Geometric Mean | 342,130,009 | |
| Coefficient Of Variation | 61.68 | |
| Mean Deviation | 157,652,267 | |
| Median | 425,218,000 | |
| Standard Deviation | 254,160,996 | |
| Sample Variance | 64597.8T | |
| Range | 1.2B | |
| R-Value | 0.60 | |
| Mean Square Error | 44133.3T | |
| R-Squared | 0.36 | |
| Significance | 0.01 | |
| Slope | 30,177,815 | |
| Total Sum of Squares | 1033565T |
Morguard Operating Income History
About Morguard Financial Statements
Morguard investors utilize fundamental indicators, such as Operating Income, to predict how Morguard 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 | 494.4 M | 292.9 M |
Pair Trading with Morguard
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 Morguard 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 Morguard will appreciate offsetting losses from the drop in the long position's value.Moving against Morguard Stock
The ability to find closely correlated positions to Morguard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morguard 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 Morguard - 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 Morguard to buy it.
The correlation of Morguard 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 Morguard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard 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 Morguard 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 Morguard Stock
Morguard financial ratios help investors to determine whether Morguard 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 Morguard with respect to the benefits of owning Morguard security.