Broadridge Historical Income Statement
| BR Stock | USD 230.24 2.77 1.22% |
Historical analysis of Broadridge Financial income statement accounts such as Interest Expense of 157.7 M or Selling General Administrative of 511.6 M can show how well Broadridge Financial Solutions performed in making a profits. Evaluating Broadridge Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Broadridge Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Broadridge Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Broadridge Financial is a good buy for the upcoming year.
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About Broadridge Income Statement Analysis
Broadridge Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Broadridge Financial shareholders. The income statement also shows Broadridge investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Broadridge Financial Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Broadridge Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Broadridge Financial Solutions minus its cost of goods sold. It is profit before Broadridge Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Broadridge Financial. It is also known as Broadridge Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Broadridge Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Broadridge Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadridge Financial Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Broadridge Financial's Depreciation And Amortization is relatively stable compared to the past year. As of 11/24/2024, Interest Expense is likely to grow to about 157.7 M, while Total Revenue is likely to drop slightly above 3.8 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.6B | 1.8B | 1.9B | 1.1B | Total Revenue | 5.7B | 6.1B | 6.5B | 3.8B |
Broadridge Financial income statement Correlations
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Broadridge Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Broadridge Financial income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 206.3K | 334.7M | 464M | 425M | 477.9M | 501.8M | |
| Interest Expense | 58.8M | 55.2M | 84.7M | 135.5M | 150.2M | 157.7M | |
| Selling General Administrative | 639M | 744.3M | 832.3M | 849M | 916.8M | 511.6M | |
| Total Revenue | 4.5B | 5.0B | 5.7B | 6.1B | 6.5B | 3.8B | |
| Gross Profit | 1.3B | 1.4B | 1.6B | 1.8B | 1.9B | 1.1B | |
| Other Operating Expenses | 3.9B | 4.3B | 4.9B | 5.1B | 5.5B | 3.3B | |
| Operating Income | 624.9M | 678.7M | 759.9M | 936.4M | 1.0B | 566.0M | |
| Ebit | 834.8M | 678.6M | 759.9M | 936.4M | 1.1B | 614.6M | |
| Ebitda | 835M | 1.0B | 1.2B | 1.4B | 1.6B | 1.6B | |
| Cost Of Revenue | 3.3B | 3.6B | 4.1B | 4.3B | 4.6B | 2.8B | |
| Total Operating Expenses | 639M | 744.3M | 832.3M | 849M | 916.8M | 513.0M | |
| Income Before Tax | 579.5M | 696.2M | 672.2M | 794.9M | 877.4M | 521.7M | |
| Net Income Applicable To Common Shares | 462.5M | 547.5M | 539.1M | 630.6M | 725.2M | 761.4M | |
| Net Income | 462.5M | 547.5M | 539.1M | 630.6M | 698.1M | 373.2M | |
| Income Tax Expense | 125.2M | 117M | 148.7M | 164.3M | 179.3M | 145.4M | |
| Net Income From Continuing Ops | 462.5M | 547.5M | 539.1M | 630.6M | 698.1M | 430.7M | |
| Tax Provision | 125.2M | 117M | 148.7M | 164.3M | 179.3M | 162.3M | |
| Interest Income | 58.8M | 2.2M | 3M | 8.2M | 12.1M | 11.9M | |
| Net Interest Income | (58.8M) | (55.3M) | (84.7M) | (135.5M) | (138.1M) | (131.2M) | |
| Reconciled Depreciation | 299.3M | 221.1M | 332.6M | 298.8M | 477.9M | 312.8M |
Pair Trading with Broadridge Financial
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 Broadridge Financial 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 Broadridge Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Broadridge Stock
Moving against Broadridge Stock
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| 0.49 | MG | Mistras Group | PairCorr |
| 0.33 | VLTO | Veralto | PairCorr |
The ability to find closely correlated positions to Broadridge Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadridge Financial 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 Broadridge Financial - 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 Broadridge Financial Solutions to buy it.
The correlation of Broadridge Financial 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 Broadridge Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadridge Financial 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 Broadridge Financial 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.Additional Tools for Broadridge Stock Analysis
When running Broadridge Financial's price analysis, check to measure Broadridge Financial'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 Broadridge Financial is operating at the current time. Most of Broadridge Financial's value examination focuses on studying past and present price action to predict the probability of Broadridge Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadridge Financial's price. Additionally, you may evaluate how the addition of Broadridge Financial to your portfolios can decrease your overall portfolio volatility.