CCL Historical Income Statement

CCL-B Stock

CAD 77.28 0.36 0.47%

Historical analysis of CCL Industries income statement accounts such as Total Revenue of 7 B, Gross Profit of 2 B or Other Operating Expenses of 6 B can show how well CCL Industries performed in making a profits. Evaluating CCL Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CCL Industries's future profits or losses.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining CCL Industries 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 CCL Industries is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CCL Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About CCL Income Statement Analysis

CCL Industries 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 CCL Industries shareholders. The income statement also shows CCL 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).

CCL Industries Income Statement Chart

At this time, CCL Industries' Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 767.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 580.6 M in 2024.

Total Revenue Gross Profit Other Operating Expenses Operating Income Ebit

Total Revenue

Total revenue comprises all receipts CCL Industries 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 CCL Industries minus its cost of goods sold. It is profit before CCL Industries 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 CCL Industries. It is also known as CCL Industries 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.

Operating Income

Operating Income is the amount of profit realized from CCL Industries 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 CCL Industries 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 accounts from CCL Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CCL Industries 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 CCL Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

	2021	2022	2023	2024 (projected)
Total Revenue	5.7B	6.4B	6.6B	7.0B
Depreciation And Amortization	342.4M	365.3M	403.3M	423.5M

Total Revenue Depreciation And Amortization

CCL Industries income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.99	0.98	0.99	0.98	0.97	0.98	0.99	0.97	0.96	-0.78	0.96	0.96	0.82	0.89	0.82	0.93	0.82	-0.85	0.76	0.88
Total Revenue	0.99		1.0	1.0	1.0	0.99	0.99	1.0	0.99	0.98	-0.76	0.97	0.98	0.84	0.89	0.86	0.95	0.78	-0.85	0.74	0.83
Gross Profit	0.98	1.0		1.0	1.0	0.99	0.99	0.99	1.0	0.98	-0.78	0.97	0.98	0.84	0.88	0.88	0.94	0.74	-0.86	0.74	0.8
Other Operating Expenses	0.99	1.0	1.0		0.99	0.99	0.99	1.0	0.99	0.98	-0.77	0.97	0.98	0.84	0.89	0.86	0.95	0.79	-0.85	0.74	0.84
Operating Income	0.98	1.0	1.0	0.99		1.0	1.0	0.99	0.99	0.99	-0.74	0.99	0.99	0.83	0.88	0.88	0.96	0.75	-0.84	0.7	0.81
Ebit	0.97	0.99	0.99	0.99	1.0		1.0	0.99	0.98	1.0	-0.68	0.99	0.98	0.84	0.89	0.9	0.98	0.72	-0.83	0.65	0.78
Ebitda	0.98	0.99	0.99	0.99	1.0	1.0		0.99	0.98	0.99	-0.71	0.99	0.98	0.84	0.89	0.88	0.97	0.75	-0.84	0.68	0.82
Cost Of Revenue	0.99	1.0	0.99	1.0	0.99	0.99	0.99		0.99	0.98	-0.76	0.97	0.98	0.83	0.89	0.86	0.95	0.8	-0.85	0.74	0.85
Total Operating Expenses	0.97	0.99	1.0	0.99	0.99	0.98	0.98	0.99		0.97	-0.8	0.96	0.97	0.85	0.87	0.87	0.93	0.72	-0.87	0.75	0.78
Income Before Tax	0.96	0.98	0.98	0.98	0.99	1.0	0.99	0.98	0.97		-0.65	1.0	0.98	0.82	0.88	0.89	0.98	0.73	-0.8	0.62	0.78
Total Other Income Expense Net	-0.78	-0.76	-0.78	-0.77	-0.74	-0.68	-0.71	-0.76	-0.8	-0.65		-0.62	-0.73	-0.66	-0.65	-0.56	-0.56	-0.67	0.78	-0.94	-0.73
Net Income	0.96	0.97	0.97	0.97	0.99	0.99	0.99	0.97	0.96	1.0	-0.62		0.97	0.83	0.89	0.9	0.99	0.72	-0.8	0.59	0.77
Income Tax Expense	0.96	0.98	0.98	0.98	0.99	0.98	0.98	0.98	0.97	0.98	-0.73	0.97		0.77	0.82	0.87	0.94	0.76	-0.78	0.69	0.8
Interest Expense	0.82	0.84	0.84	0.84	0.83	0.84	0.84	0.83	0.85	0.82	-0.66	0.83	0.77		0.96	0.89	0.86	0.59	-0.92	0.59	0.67
Selling General Administrative	0.89	0.89	0.88	0.89	0.88	0.89	0.89	0.89	0.87	0.88	-0.65	0.89	0.82	0.96		0.84	0.91	0.72	-0.91	0.63	0.79
Selling And Marketing Expenses	0.82	0.86	0.88	0.86	0.88	0.9	0.88	0.86	0.87	0.89	-0.56	0.9	0.87	0.89	0.84		0.92	0.56	-0.73	0.44	0.62
Net Income From Continuing Ops	0.93	0.95	0.94	0.95	0.96	0.98	0.97	0.95	0.93	0.98	-0.56	0.99	0.94	0.86	0.91	0.92		0.71	-0.78	0.53	0.76
Tax Provision	0.82	0.78	0.74	0.79	0.75	0.72	0.75	0.8	0.72	0.73	-0.67	0.72	0.76	0.59	0.72	0.56	0.71		-0.59	0.74	0.96
Net Interest Income	-0.85	-0.85	-0.86	-0.85	-0.84	-0.83	-0.84	-0.85	-0.87	-0.8	0.78	-0.8	-0.78	-0.92	-0.91	-0.73	-0.78	-0.59		-0.75	-0.68
Interest Income	0.76	0.74	0.74	0.74	0.7	0.65	0.68	0.74	0.75	0.62	-0.94	0.59	0.69	0.59	0.63	0.44	0.53	0.74	-0.75		0.77
Reconciled Depreciation	0.88	0.83	0.8	0.84	0.81	0.78	0.82	0.85	0.78	0.78	-0.73	0.77	0.8	0.67	0.79	0.62	0.76	0.96	-0.68	0.77

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CCL Industries Account Relationship Matchups

CCL Industries income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	329.6M	346.4M	342.4M	365.3M	403.3M	423.5M
Total Revenue	5.3B	5.2B	5.7B	6.4B	6.6B	7.0B
Gross Profit	1.5B	1.5B	1.6B	1.7B	1.9B	2.0B
Other Operating Expenses	4.6B	4.5B	4.9B	5.5B	5.7B	6.0B
Operating Income	741.7M	787.3M	849.6M	895.4M	928.8M	975.2M
Ebit	741.7M	744.7M	849.6M	895.4M	844.4M	886.6M
Ebitda	1.1B	1.1B	1.2B	1.3B	1.2B	1.3B
Cost Of Revenue	3.8B	3.7B	4.1B	4.7B	4.7B	5.0B
Total Operating Expenses	774.6M	725.4M	761.4M	852.6M	985.6M	1.0B
Income Before Tax	637M	693.5M	780.6M	806M	730.9M	767.4M
Total Other Income Expense Net	(100.6M)	(83.3M)	(50.1M)	(56.6M)	(197.9M)	(188.0M)
Net Income	477.1M	529.7M	599.1M	622.7M	530.2M	556.7M
Income Tax Expense	159.9M	163.8M	181.5M	183.3M	200.7M	210.7M
Interest Expense	93M	74.3M	64.6M	77.7M	101.6M	58.0M
Selling General Administrative	774.6M	725.4M	761.4M	852.6M	985.6M	580.6M
Net Income From Continuing Ops	477.1M	529.7M	599.1M	622.7M	530.2M	466.1M
Net Income Applicable To Common Shares	477.1M	529.7M	599.1M	622.7M	716.1M	454.5M
Tax Provision	159.9M	163.8M	181.5M	183.3M	200.7M	180.7M
Net Interest Income	(81M)	(65.2M)	(56.9M)	(64.8M)	(78M)	(81.9M)
Interest Income	12M	9.1M	7.7M	12.9M	35.5M	37.3M
Reconciled Depreciation	329.6M	346.4M	342.4M	365.3M	403.3M	365.2M

Pair Trading with CCL Industries

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 CCL Industries 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 CCL Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with CCL Stock

0.65

ORE

Orezone Gold Corp

Pair Corr

Moving against CCL Stock

0.38	JPM	JPMorgan Chase	Pair Corr
0.33	TSLA	Tesla Inc CDR	Pair Corr

The ability to find closely correlated positions to CCL Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CCL Industries 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 CCL Industries - 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 CCL Industries to buy it.

The correlation of CCL Industries 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 CCL Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CCL Industries 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 CCL Industries 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 CCL Stock Analysis

When running CCL Industries' price analysis, check to measure CCL Industries' 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 CCL Industries is operating at the current time. Most of CCL Industries' value examination focuses on studying past and present price action to predict the probability of CCL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCL Industries' price. Additionally, you may evaluate how the addition of CCL Industries to your portfolios can decrease your overall portfolio volatility.

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CCL Historical Income Statement

About CCL Income Statement Analysis

CCL Industries Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

CCL Industries income statement Correlations

CCL Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CCL Industries income statement Accounts

Pair Trading with CCL Industries

Moving together with CCL Stock

Moving against CCL Stock

Additional Tools for CCL Stock Analysis

COMMON DESTINATIONS

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COMPANY

Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Operating Income	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Gross Profit
Operating Income	+ 1.0	Gross Profit

Interest Income	- 0.94	Total Other Income Expense Net
Net Interest Income	- 0.92	Interest Expense
Net Interest Income	- 0.91	Selling General Administrative
Net Interest Income	- 0.87	Total Operating Expenses
Net Interest Income	- 0.86	Gross Profit
Net Interest Income	- 0.85	Cost Of Revenue