Broadridge Cost Of Revenue vs Operating Income Analysis

BR Stock

USD 227.47 2.08 0.92%

Broadridge Financial financial indicator trend analysis is way more than just evaluating Broadridge Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broadridge Financial is a good investment. Please check the relationship between Broadridge Financial Cost Of Revenue and its Operating Income accounts. 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.

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broadridge Financial Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Broadridge Financial's Cost Of Revenue and Operating Income is 0.95. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Broadridge Financial Solutions, assuming nothing else is changed. The correlation between historical values of Broadridge Financial's Cost Of Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Broadridge Financial Solutions are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., Broadridge Financial's Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Broadridge Financial income statement and represents the costs associated with goods and services Broadridge Financial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Operating Income

Operating Income is the amount of profit realized from Broadridge Financial 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 Broadridge Financial Solutions is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Broadridge Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.

As of 11/22/2024, Selling General Administrative is likely to drop to about 511.6 M. In addition to that, Tax Provision is likely to drop to about 162.3 M

	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

Gross Profit Total Revenue

Broadridge Financial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.81	0.83	0.98	0.85	0.47	0.85	0.92	0.23	-0.11	0.92	0.86	0.38	-0.11	0.96	0.91	-0.42	-0.22	0.89	-0.17	-0.64	0.92	0.67	0.7	-0.01	0.9
Other Current Liab	0.81		0.71	0.81	0.92	0.7	0.93	0.9	0.15	0.05	0.92	0.83	0.59	0.07	0.77	0.91	-0.65	-0.19	0.91	-0.15	-0.62	0.92	0.82	0.6	-0.16	0.89
Total Current Liabilities	0.83	0.71		0.89	0.74	0.36	0.7	0.74	0.22	-0.16	0.78	0.63	0.51	-0.16	0.82	0.75	-0.32	0.03	0.67	0.07	-0.43	0.78	0.75	0.75	0.48	0.8
Total Stockholder Equity	0.98	0.81	0.89		0.84	0.46	0.83	0.87	0.16	-0.14	0.88	0.77	0.5	-0.14	0.95	0.88	-0.34	-0.13	0.83	-0.08	-0.55	0.88	0.72	0.76	0.14	0.88
Other Liab	0.85	0.92	0.74	0.84		0.78	0.98	0.96	0.19	-0.07	0.98	0.81	0.7	-0.06	0.83	0.98	-0.72	-0.27	0.96	-0.23	-0.72	0.97	0.9	0.52	-0.09	0.98
Property Plant And Equipment Net	0.47	0.7	0.36	0.46	0.78		0.77	0.66	0.27	-0.01	0.67	0.52	0.68	0.01	0.57	0.66	-0.75	-0.24	0.7	-0.21	-0.7	0.68	0.79	0.3	-0.29	0.7
Current Deferred Revenue	0.85	0.93	0.7	0.83	0.98	0.77		0.96	0.17	0.01	0.97	0.83	0.66	0.03	0.84	0.97	-0.77	-0.38	0.96	-0.34	-0.78	0.97	0.85	0.48	-0.18	0.96
Net Debt	0.92	0.9	0.74	0.87	0.96	0.66	0.96		0.18	-0.14	1.0	0.91	0.53	-0.13	0.87	1.0	-0.66	-0.27	0.99	-0.22	-0.7	0.99	0.77	0.52	-0.14	0.98
Accounts Payable	0.23	0.15	0.22	0.16	0.19	0.27	0.17	0.18		0.19	0.2	0.39	-0.14	0.18	0.33	0.15	-0.34	-0.21	0.21	-0.19	-0.58	0.22	0.24	0.24	-0.15	0.19
Cash	-0.11	0.05	-0.16	-0.14	-0.07	-0.01	0.01	-0.14	0.19		-0.1	-0.06	-0.02	1.0	-0.14	-0.1	-0.3	-0.51	-0.07	-0.51	-0.27	-0.09	0.0	0.0	-0.24	-0.13
Non Current Assets Total	0.92	0.92	0.78	0.88	0.98	0.67	0.97	1.0	0.2	-0.1		0.89	0.58	-0.09	0.88	1.0	-0.68	-0.28	0.98	-0.23	-0.71	1.0	0.82	0.54	-0.1	0.98
Non Currrent Assets Other	0.86	0.83	0.63	0.77	0.81	0.52	0.83	0.91	0.39	-0.06	0.89		0.22	-0.05	0.8	0.88	-0.59	-0.23	0.92	-0.18	-0.68	0.91	0.57	0.55	-0.31	0.83
Other Assets	0.38	0.59	0.51	0.5	0.7	0.68	0.66	0.53	-0.14	-0.02	0.58	0.22		0.0	0.44	0.58	-0.5	-0.12	0.51	-0.11	-0.32	0.56	0.84	0.28	0.23	0.61
Cash And Short Term Investments	-0.11	0.07	-0.16	-0.14	-0.06	0.01	0.03	-0.13	0.18	1.0	-0.09	-0.05	0.0		-0.14	-0.09	-0.33	-0.51	-0.05	-0.51	-0.28	-0.08	0.02	-0.01	-0.24	-0.11
Net Receivables	0.96	0.77	0.82	0.95	0.83	0.57	0.84	0.87	0.33	-0.14	0.88	0.8	0.44	-0.14		0.86	-0.44	-0.26	0.84	-0.21	-0.71	0.87	0.7	0.69	0.0	0.87
Good Will	0.91	0.91	0.75	0.88	0.98	0.66	0.97	1.0	0.15	-0.1	1.0	0.88	0.58	-0.09	0.86		-0.68	-0.28	0.99	-0.24	-0.7	0.99	0.8	0.52	-0.12	0.98
Common Stock Shares Outstanding	-0.42	-0.65	-0.32	-0.34	-0.72	-0.75	-0.77	-0.66	-0.34	-0.3	-0.68	-0.59	-0.5	-0.33	-0.44	-0.68		0.62	-0.71	0.6	0.84	-0.68	-0.68	-0.01	0.33	-0.68
Short Term Investments	-0.22	-0.19	0.03	-0.13	-0.27	-0.24	-0.38	-0.27	-0.21	-0.51	-0.28	-0.23	-0.12	-0.51	-0.26	-0.28	0.62		-0.31	1.0	0.71	-0.25	-0.2	0.33	0.41	-0.27
Non Current Liabilities Total	0.89	0.91	0.67	0.83	0.96	0.7	0.96	0.99	0.21	-0.07	0.98	0.92	0.51	-0.05	0.84	0.99	-0.71	-0.31		-0.26	-0.74	0.99	0.75	0.5	-0.26	0.95
Other Current Assets	-0.17	-0.15	0.07	-0.08	-0.23	-0.21	-0.34	-0.22	-0.19	-0.51	-0.23	-0.18	-0.11	-0.51	-0.21	-0.24	0.6	1.0	-0.26		0.67	-0.2	-0.16	0.38	0.42	-0.23
Other Stockholder Equity	-0.64	-0.62	-0.43	-0.55	-0.72	-0.7	-0.78	-0.7	-0.58	-0.27	-0.71	-0.68	-0.32	-0.28	-0.71	-0.7	0.84	0.71	-0.74	0.67		-0.71	-0.63	-0.21	0.36	-0.72
Total Liab	0.92	0.92	0.78	0.88	0.97	0.68	0.97	0.99	0.22	-0.09	1.0	0.91	0.56	-0.08	0.87	0.99	-0.68	-0.25	0.99	-0.2	-0.71		0.81	0.58	-0.1	0.98
Property Plant And Equipment Gross	0.67	0.82	0.75	0.72	0.9	0.79	0.85	0.77	0.24	0.0	0.82	0.57	0.84	0.02	0.7	0.8	-0.68	-0.2	0.75	-0.16	-0.63	0.81		0.49	0.17	0.86
Total Current Assets	0.7	0.6	0.75	0.76	0.52	0.3	0.48	0.52	0.24	0.0	0.54	0.55	0.28	-0.01	0.69	0.52	-0.01	0.33	0.5	0.38	-0.21	0.58	0.49		0.25	0.53
Short Term Debt	-0.01	-0.16	0.48	0.14	-0.09	-0.29	-0.18	-0.14	-0.15	-0.24	-0.1	-0.31	0.23	-0.24	0.0	-0.12	0.33	0.41	-0.26	0.42	0.36	-0.1	0.17	0.25		-0.02
Intangible Assets	0.9	0.89	0.8	0.88	0.98	0.7	0.96	0.98	0.19	-0.13	0.98	0.83	0.61	-0.11	0.87	0.98	-0.68	-0.27	0.95	-0.23	-0.72	0.98	0.86	0.53	-0.02

Click cells to compare fundamentals

Broadridge Financial Account Relationship Matchups

Broadridge Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9B	8.1B	8.2B	8.2B	8.2B	4.3B
Other Current Liab	560.1M	813.6M	783.7M	751.6M	957.3M	1.0B
Total Current Liabilities	1.3B	1.3B	1.3B	2.4B	1.4B	1.1B
Total Stockholder Equity	1.3B	1.8B	1.9B	2.2B	2.2B	1.3B
Other Liab	526.4M	1.1B	915.5M	1.2B	1.3B	1.4B
Property Plant And Equipment Net	161.6M	177.2M	150.9M	145.7M	348.4M	365.8M
Current Deferred Revenue	111.2M	185.3M	198.5M	199.8M	227.4M	238.8M
Net Debt	1.3B	3.6B	3.6B	3.2B	3.3B	3.4B
Accounts Payable	829.9M	248.9M	244.9M	157.3M	314M	232.8M
Cash	476.6M	274.5M	224.7M	252.3M	304.4M	324.1M
Non Current Assets Total	3.6B	6.9B	6.8B	6.8B	6.7B	7.0B
Non Currrent Assets Other	1.1B	1.5B	1.9B	829.2M	1.1B	1.2B
Other Assets	300K	200K	(100K)	1.2B	1.4B	1.5B
Cash And Short Term Investments	476.6M	274.5M	224.7M	252.3M	305.2M	344.2M
Net Receivables	711.3M	820.3M	946.9M	974M	1.1B	615.1M
Good Will	1.7B	3.7B	3.5B	3.5B	3.5B	3.6B
Common Stock Shares Outstanding	117M	117.8M	118.5M	119M	119.1M	101.1M
Short Term Investments	400K	500K	700K	600K	800K	760K
Liabilities And Stockholders Equity	4.9B	8.1B	8.2B	8.2B	8.2B	4.3B
Non Current Liabilities Total	2.2B	5.0B	4.9B	3.6B	4.7B	4.9B
Other Current Assets	140.1M	166.5M	127.5M	132.1M	139.6M	127.7M
Other Stockholder Equity	(857.2M)	(785.4M)	(680.2M)	(589.3M)	(936.8M)	(890.0M)
Total Liab	3.5B	6.3B	6.2B	6.0B	6.1B	6.4B
Property Plant And Equipment Gross	454.2M	439.2M	150.9M	752.2M	792.8M	832.4M
Total Current Assets	1.3B	1.3B	1.3B	1.4B	1.5B	997.1M
Accumulated Other Comprehensive Income	(100.4M)	9.2M	(226.3M)	(284.7M)	(331.7M)	(315.1M)
Short Term Debt	399.9M	40.2M	(194M)	1.2B	38M	36.1M
Intangible Assets	583.8M	1.4B	1.1B	1.5B	1.3B	1.4B
Property Plant Equipment	454.2M	177.2M	150.9M	145.7M	167.6M	150.5M
Short Long Term Debt Total	1.8B	3.9B	3.8B	3.4B	3.6B	3.8B
Retained Earnings	2.3B	2.6B	2.8B	3.1B	3.4B	3.6B
Long Term Debt	1.4B	3.9B	3.8B	2.2B	3.4B	3.5B
Treasury Stock	(1.6B)	(2.0B)	(2.0B)	(2.0B)	(1.8B)	(1.7B)
Net Tangible Assets	(911.8M)	(3.3B)	(2.6B)	(2.7B)	(2.4B)	(2.3B)
Retained Earnings Total Equity	2.3B	2.6B	2.8B	3.1B	3.6B	3.8B
Long Term Debt Total	1.4B	3.9B	3.8B	2.2B	2.6B	1.6B
Capital Surpluse	1.2B	1.2B	1.3B	1.4B	1.7B	1.1B
Inventory	21.5M	23.2M	29.3M	34.1M	30.5M	19.1M

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

0.84	SQ	Block Inc Tech Boost	Pair Corr
0.63	CLH	Clean Harbors	Pair Corr
0.7	DLX	Deluxe	Pair Corr
0.62	GFL	Gfl Environmental	Pair Corr

Moving against Broadridge Stock

0.78	MEG	Montrose Environmental	Pair Corr
0.77	HDSN	Hudson Technologies	Pair Corr
0.7	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.67	CP	Canadian Pacific Railway	Pair Corr
0.51	AP	Ampco Pittsburgh	Pair Corr

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.

Pair Correlation Correlation Matching

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC