PNC Gross Profit vs Net Income Analysis
PNC Stock | USD 212.47 2.40 1.14% |
PNC Financial financial indicator trend analysis is much more than just breaking down PNC Financial Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PNC Financial Services is a good investment. Please check the relationship between PNC Financial Gross Profit and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Gross Profit vs Net Income
Gross Profit vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PNC Financial Services Gross Profit account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between PNC Financial's Gross Profit and Net Income is 0.75. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of PNC Financial Services, assuming nothing else is changed. The correlation between historical values of PNC Financial's Gross Profit and Net 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 Gross Profit of PNC Financial Services are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., PNC Financial's Gross Profit and Net Income go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of PNC Financial Services minus its cost of goods sold. It is profit before PNC 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.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in PNC Financial Services financial statement analysis. It represents the amount of money remaining after all of PNC Financial Services operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from PNC Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PNC Financial Services 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, PNC Financial's Enterprise Value Over EBITDA is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 11.06, whereas Discontinued Operations is forecasted to decline to about 4.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 6.9B | 9.5B | 10.6B | 6.9B | Other Operating Expenses | 12.2B | 355M | 10.2B | 10.7B |
PNC Financial fundamental ratios Correlations
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PNC Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
PNC Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 448M | 427M | 426M | 412M | 401M | 377.5M | |
Total Assets | 410.3B | 466.7B | 558.4B | 557.3B | 561.6B | 589.7B | |
Short Long Term Debt Total | 60.3B | 43.3B | 39.8B | 58.7B | 72.7B | 76.4B | |
Other Current Liab | (318M) | 172.4B | 347.7B | 330.7B | 75.0B | 135.9B | |
Total Current Liabilities | 318M | 182.0B | 356.7B | 336.8B | 101.3B | 63.3B | |
Total Stockholder Equity | 49.3B | 54.0B | 55.7B | 45.8B | 51.1B | 53.7B | |
Property Plant And Equipment Net | 9.7B | 1.9B | 1.9B | 10.6B | 10.3B | 10.8B | |
Net Debt | 31.8B | (55.0B) | (51.5B) | 24.4B | 22.0B | 14.5B | |
Retained Earnings | 42.2B | 46.8B | 50.2B | 53.6B | 56.3B | 59.1B | |
Cash | 28.5B | 92.2B | 82.3B | 34.4B | 50.7B | 53.3B | |
Non Current Assets Total | 111.4B | 105.3B | 155.8B | 150.3B | 14.6B | 13.9B | |
Non Currrent Assets Other | (11.9B) | (105.3B) | (2.8B) | (28.2B) | (14.6B) | (15.3B) | |
Other Assets | 194.1B | 175.4B | 182.8B | 260.6B | 498.3B | 523.2B | |
Cash And Short Term Investments | 97.6B | 179.5B | 213.8B | 146.4B | 48.7B | 48.4B | |
Liabilities And Stockholders Equity | 410.3B | 466.7B | 558.4B | 557.3B | 561.6B | 589.7B | |
Non Current Liabilities Total | 60.3B | 37.2B | 30.8B | 511.5B | 510.4B | 536.0B | |
Other Stockholder Equity | (405M) | (1.8B) | (2.7B) | (6.1B) | (6.4B) | (6.1B) | |
Total Liab | 361.0B | 37.2B | 30.8B | 511.5B | 510.4B | 536.0B | |
Total Current Assets | 104.8B | 186.0B | 219.8B | 146.4B | 48.7B | 43.7B | |
Short Term Debt | 318M | 9.6B | 9.0B | 6.1B | 26.3B | 27.6B | |
Accumulated Other Comprehensive Income | 799M | 2.8B | 409M | (10.2B) | (7.7B) | (7.3B) | |
Common Stock | 2.7B | 2.7B | 2.7B | 2.7B | 2.7B | 2.1B | |
Common Stock Total Equity | 2.7B | 2.7B | 2.7B | 2.7B | 3.1B | 2.6B | |
Other Liab | 2.9B | 584M | 662M | 3.2B | 2.9B | 4.6B | |
Accounts Payable | 11.8B | 9.5B | 457.3B | 15.8B | 18.1B | 17.2B | |
Long Term Debt | 60.3B | 37.2B | 30.8B | 26.6B | 72.7B | 76.4B | |
Short Term Investments | 69.2B | 87.4B | 131.5B | 44.2B | 41.8B | 45.8B | |
Inventory | (31.8B) | (94.7B) | (85.2B) | (44.4B) | (57.2B) | (54.3B) | |
Treasury Stock | (12.8B) | (14.2B) | (15.1B) | (18.7B) | (16.8B) | (16.0B) | |
Intangible Assets | 1.6B | 1.2B | 1.8B | 3.4B | 3.7B | 2.1B | |
Property Plant Equipment | 2B | 1.9B | 1.9B | 10.6B | 12.2B | 12.8B | |
Net Receivables | 7.2B | 6.4B | 6.0B | 6.4B | 6.5B | 7.0B | |
Noncontrolling Interest In Consolidated Entity | 42M | 29M | 31M | 38M | 34.2M | 32.5M | |
Retained Earnings Total Equity | 42.2B | 46.8B | 50.2B | 53.6B | 61.6B | 35.1B | |
Net Tangible Assets | 40.1B | 44.8B | 44.8B | 34.8B | 40.0B | 37.9B | |
Long Term Debt Total | 43.9B | 33.7B | 30.8B | 26.6B | 30.6B | 33.3B | |
Capital Surpluse | 16.4B | 15.9B | 17.5B | 18.4B | 21.1B | 17.9B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether PNC Financial Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PNC Financial's 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 Pnc Financial Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pnc Financial Services Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Regional Banks 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 PNC Financial. If investors know PNC 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 PNC Financial 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 (0.03) | Dividend Share 6.25 | Earnings Share 11.83 | Revenue Per Share 51.178 | Quarterly Revenue Growth 0.017 |
The market value of PNC Financial Services is measured differently than its book value, which is the value of PNC that is recorded on the company's balance sheet. Investors also form their own opinion of PNC Financial's value that differs from its market value or its book value, called intrinsic value, which is PNC Financial's 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 PNC Financial's market value can be influenced by many factors that don't directly affect PNC Financial's 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 PNC Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if PNC Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PNC Financial's 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.