Urban Income Tax Expense from 2010 to 2024

URBN Stock  USD 40.46  1.48  3.80%   
Urban Outfitters Income Tax Expense yearly trend continues to be very stable with very little volatility. Income Tax Expense is likely to drop to about 75 M. During the period from 2010 to 2024, Urban Outfitters Income Tax Expense quarterly data regression pattern had sample variance of 2097.5 T and median of  94,015,000. View All Fundamentals
 
Income Tax Expense  
First Reported
1993-10-31
Previous Quarter
19.1 M
Current Value
35.1 M
Quarterly Volatility
16.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Urban Outfitters financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Urban Outfitters' main balance sheet or income statement drivers, such as Depreciation And Amortization of 95.6 M, Interest Expense of 8 M or Total Revenue of 5.4 B, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0 or PTB Ratio of 1.58. Urban financial statements analysis is a perfect complement when working with Urban Outfitters Valuation or Volatility modules.
  
Check out the analysis of Urban Outfitters Correlation against competitors.
To learn how to invest in Urban Stock, please use our How to Invest in Urban Outfitters guide.

Latest Urban Outfitters' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Urban Outfitters over the last few years. It is Urban Outfitters' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Urban Outfitters' overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Urban Income Tax Expense Regression Statistics

Arithmetic Mean93,887,966
Geometric Mean66,263,235
Coefficient Of Variation48.78
Mean Deviation34,613,107
Median94,015,000
Standard Deviation45,798,864
Sample Variance2097.5T
Range150.8M
R-Value(0.24)
Mean Square Error2129.1T
R-Squared0.06
Significance0.39
Slope(2,454,480)
Total Sum of Squares29365.5T

Urban Income Tax Expense History

202475 M
202393.9 M
202261.6 M
202194 M
20202.3 M
201971.6 M
201887.5 M

About Urban Outfitters Financial Statements

Urban Outfitters investors utilize fundamental indicators, such as Income Tax Expense, to predict how Urban 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 ReportedProjected for Next Year
Income Tax Expense93.9 M75 M

Pair Trading with Urban Outfitters

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 Urban Outfitters 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 Urban Outfitters will appreciate offsetting losses from the drop in the long position's value.

Moving together with Urban Stock

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The ability to find closely correlated positions to Urban Outfitters could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Urban Outfitters 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 Urban Outfitters - 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 Urban Outfitters to buy it.
The correlation of Urban Outfitters 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 Urban Outfitters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Urban Outfitters 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 Urban Outfitters 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.
Pair CorrelationCorrelation Matching
When determining whether Urban Outfitters offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Urban Outfitters' 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 Urban Outfitters Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Urban Outfitters Stock:
Check out the analysis of Urban Outfitters Correlation against competitors.
To learn how to invest in Urban Stock, please use our How to Invest in Urban Outfitters guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Specialty Retail 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 Urban Outfitters. If investors know Urban 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 Urban Outfitters 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
0.127
Earnings Share
3.27
Revenue Per Share
57.241
Quarterly Revenue Growth
0.063
Return On Assets
0.0621
The market value of Urban Outfitters is measured differently than its book value, which is the value of Urban that is recorded on the company's balance sheet. Investors also form their own opinion of Urban Outfitters' value that differs from its market value or its book value, called intrinsic value, which is Urban Outfitters' 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 Urban Outfitters' market value can be influenced by many factors that don't directly affect Urban Outfitters' 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 Urban Outfitters' value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban Outfitters is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban Outfitters' 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.