Open Net Income from 2010 to 2024

OTEX Stock  USD 29.18  0.31  1.07%   
Open Text Net Income yearly trend continues to be fairly stable with very little volatility. Net Income is likely to outpace its year average in 2024. During the period from 2010 to 2024, Open Text Net Income regression line of annual values had significance of  0.15 and arithmetic mean of  304,440,500. View All Fundamentals
 
Net Income  
First Reported
1995-12-31
Previous Quarter
248.2 M
Current Value
84.4 M
Quarterly Volatility
95.7 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 Net Income Growth Pattern

Below is the plot of the Net Income of Open Text Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Open Text Corp financial statement analysis. It represents the amount of money remaining after all of Open Text Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Open Text's Net Income 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.
ViewLast Reported 465.28 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Open Net Income Regression Statistics

Arithmetic Mean304,440,500
Coefficient Of Variation79.08
Mean Deviation155,287,067
Median242,224,000
Standard Deviation240,738,298
Sample Variance57954.9T
Range1.1B
R-Value0.39
Mean Square Error52934.4T
R-Squared0.15
Significance0.15
Slope20,977,984
Total Sum of Squares811369T

Open Net Income History

2024488.3 M
2023465.1 M
2022150.4 M
2021397.1 M
2020310.7 M
2019234.2 M
2018285.5 M

Other Fundumenentals of Open Text Corp

Open Text Net Income component correlations

About Open Text Financial Statements

Open Text investors use historical fundamental indicators, such as Open Text's Net Income, 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
Net Income465.3 M488.5 M
Net Income Applicable To Common Shares172.9 M189.2 M
Net Income From Continuing Ops465.3 M317.8 M
Net Income Per Share 1.71  1.80 
Net Income Per E B T 0.64  1.02 

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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.