ScanSource Income Before Tax from 2010 to 2024

SCSC Stock  USD 49.11  1.91  3.74%   
ScanSource's Income Before Tax is increasing over the years with very volatile fluctuation. Income Before Tax is expected to dwindle to about 63.4 M. During the period from 2010 to 2024 ScanSource Income Before Tax annual values regression line had coefficient of variation of  70.47 and r-squared of  0. View All Fundamentals
 
Income Before Tax  
First Reported
1994-03-31
Previous Quarter
22.7 M
Current Value
23 M
Quarterly Volatility
16 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ScanSource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ScanSource's main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.4 M, Interest Expense of 13.7 M or Total Revenue of 2.1 B, as well as many indicators such as Price To Sales Ratio of 0.48, Dividend Yield of 0.0 or PTB Ratio of 1.11. ScanSource financial statements analysis is a perfect complement when working with ScanSource Valuation or Volatility modules.
  
Check out the analysis of ScanSource Correlation against competitors.
For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.

Latest ScanSource's Income Before Tax Growth Pattern

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

ScanSource Income Before Tax Regression Statistics

Arithmetic Mean74,240,607
Coefficient Of Variation70.47
Mean Deviation37,571,405
Median96,010,000
Standard Deviation52,315,583
Sample Variance2736.9T
Range194.9M
R-Value0.06
Mean Square Error2935.1T
R-Squared0
Significance0.82
Slope758,317
Total Sum of Squares38316.9T

ScanSource Income Before Tax History

202463.4 M
202399.8 M
2022121.8 M
2021118.6 M
202057.5 M
2019-71.8 M
201877.9 M

About ScanSource Financial Statements

ScanSource stakeholders use historical fundamental indicators, such as ScanSource's Income Before Tax, to determine how well the company is positioned to perform in the future. Although ScanSource investors may analyze each financial statement separately, they are all interrelated. For example, changes in ScanSource's assets and liabilities are reflected in the revenues and expenses on ScanSource's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ScanSource. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax99.8 M63.4 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ScanSource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ScanSource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Scansource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scansource Stock:
Check out the analysis of ScanSource Correlation against competitors.
For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ScanSource. If investors know ScanSource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ScanSource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.131
Earnings Share
3.14
Revenue Per Share
127.985
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0327
The market value of ScanSource is measured differently than its book value, which is the value of ScanSource that is recorded on the company's balance sheet. Investors also form their own opinion of ScanSource's value that differs from its market value or its book value, called intrinsic value, which is ScanSource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ScanSource's market value can be influenced by many factors that don't directly affect ScanSource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ScanSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if ScanSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ScanSource's 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.