Steelcase Income Before Tax from 2010 to 2024

SCS Stock  USD 13.27  0.23  1.76%   
Steelcase Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax will likely drop to about 90.7 M in 2024. From the period from 2010 to 2024, Steelcase Income Before Tax quarterly data regression had r-value of (0.18) and coefficient of variation of  66.71. View All Fundamentals
 
Income Before Tax  
First Reported
1998-05-31
Previous Quarter
14.1 M
Current Value
85.9 M
Quarterly Volatility
36.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Steelcase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steelcase's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.7 M, Interest Expense of 19.3 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.16 or PTB Ratio of 2.23. Steelcase financial statements analysis is a perfect complement when working with Steelcase Valuation or Volatility modules.
  
Check out the analysis of Steelcase Correlation against competitors.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Latest Steelcase's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Steelcase over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Steelcase income statement and is an important metric when analyzing Steelcase 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 Steelcase's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Steelcase's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Steelcase Income Before Tax Regression Statistics

Arithmetic Mean97,741,333
Geometric Mean65,396,768
Coefficient Of Variation66.71
Mean Deviation56,681,422
Median90,720,000
Standard Deviation65,200,863
Sample Variance4251.2T
Range194.7M
R-Value(0.18)
Mean Square Error4437.2T
R-Squared0.03
Significance0.53
Slope(2,558,071)
Total Sum of Squares59516.1T

Steelcase Income Before Tax History

202490.7 M
2023107.1 M
202251.6 M
20211.6 M
201925.9 M
2018163.9 M
2017161.5 M

About Steelcase Financial Statements

Steelcase shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Steelcase investors may analyze each financial statement separately, they are all interrelated. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses on on Steelcase's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax107.1 M90.7 M

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Additional Tools for Steelcase Stock Analysis

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