Open Income Before Tax from 2010 to 2024

OTEX Stock  USD 29.18  0.31  1.07%   
Open Text Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. During the period from 2010 to 2024, Open Text Income Before Tax regression line of annual values had significance of  0.0001 and arithmetic mean of  361,695,853. View All Fundamentals
 
Income Before Tax  
First Reported
1996-12-31
Previous Quarter
487.8 M
Current Value
86.3 M
Quarterly Volatility
70 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Open Text financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Open Text's main balance sheet or income statement drivers, such as Interest Expense of 593.6 M, Total Revenue of 6.1 B or Gross Profit of 4.4 B, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.0344 or PTB Ratio of 3.16. Open financial statements analysis is a perfect complement when working with Open Text Valuation or Volatility modules.
  
Check out the analysis of Open Text Correlation against competitors.

Latest Open Text's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Open Text Corp over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Open Text income statement and is an important metric when analyzing Open Text Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Open Text's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Open Text's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Open Income Before Tax Regression Statistics

Arithmetic Mean361,695,853
Coefficient Of Variation61.93
Mean Deviation175,781,691
Median290,777,000
Standard Deviation224,008,358
Sample Variance50179.7T
Range793.9M
R-Value0.84
Mean Square Error16198.8T
R-Squared0.70
Significance0.0001
Slope41,915,384
Total Sum of Squares702516.4T

Open Income Before Tax History

2024765.8 M
2023729.3 M
2022221.3 M
2021516 M
2020650.8 M
2019345.2 M
2018440.6 M

About Open Text Financial Statements

Open Text investors use historical fundamental indicators, such as Open Text's Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Open Text. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax729.3 M765.8 M

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Additional Tools for Open Stock Analysis

When running Open Text's price analysis, check to measure Open Text'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 Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.