TMX Operating Income from 2010 to 2026
| X Stock | CAD 50.58 0.08 0.16% |
Operating Income | First Reported 2003-03-31 | Previous Quarter 192.1 M | Current Value 191.8 M | Quarterly Volatility 38.9 M |
Check TMX Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TMX Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 200 M, Interest Expense of 2 B or Selling General Administrative of 787.5 M, as well as many indicators such as Price To Sales Ratio of 6.51, Dividend Yield of 0.0185 or PTB Ratio of 5.07. TMX financial statements analysis is a perfect complement when working with TMX Group Valuation or Volatility modules.
TMX | Operating Income |
Latest TMX Group's Operating Income Growth Pattern
Below is the plot of the Operating Income of TMX Group Limited over the last few years. Operating Income is the amount of profit realized from TMX Group Limited operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of TMX Group Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. TMX Group's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TMX Group's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
TMX Operating Income Regression Statistics
| Arithmetic Mean | 400,019,191 | |
| Geometric Mean | 345,681,388 | |
| Coefficient Of Variation | 49.59 | |
| Mean Deviation | 156,033,872 | |
| Median | 372,000,000 | |
| Standard Deviation | 198,357,963 | |
| Sample Variance | 39345.9T | |
| Range | 699.1M | |
| R-Value | 0.92 | |
| Mean Square Error | 6142.8T | |
| R-Squared | 0.85 | |
| Slope | 36,292,404 | |
| Total Sum of Squares | 629534.1T |
TMX Operating Income History
About TMX Group Financial Statements
TMX Group investors utilize fundamental indicators, such as Operating Income, to predict how TMX 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 Reported | Projected for Next Year | ||
| Operating Income | 738.6 M | 775.6 M |
Pair Trading with TMX Group
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 TMX Group 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 TMX Group will appreciate offsetting losses from the drop in the long position's value.Moving against TMX Stock
The ability to find closely correlated positions to TMX Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TMX Group 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 TMX Group - 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 TMX Group Limited to buy it.
The correlation of TMX Group 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 TMX Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TMX Group Limited 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 TMX Group 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.Other Information on Investing in TMX Stock
TMX Group financial ratios help investors to determine whether TMX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TMX with respect to the benefits of owning TMX Group security.