RMR Historical Income Statement
RMR Stock | USD 22.16 0.15 0.68% |
Historical analysis of RMR income statement accounts such as Gross Profit of 476.4 M, Other Operating Expenses of 430.3 M, Operating Income of 42.7 M or Ebit of 68.5 M can show how well RMR Group performed in making a profits. Evaluating RMR income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of RMR's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining RMR Group 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 RMR Group is a good buy for the upcoming year.
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About RMR Income Statement Analysis
RMR Group 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 RMR shareholders. The income statement also shows RMR 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).
RMR Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of RMR Group minus its cost of goods sold. It is profit before RMR 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 RMR Group. It is also known as RMR 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 RMR's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into RMR Group 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in RMR Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At this time, RMR's Tax Provision is relatively stable compared to the past year. As of 11/28/2024, Interest Income is likely to grow to about 10.9 M, while Interest Expense is likely to drop slightly above 743.9 K.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 133.9M | 169.6M | 453.7M | 476.4M | Total Revenue | 832.5M | 962.3M | 897.6M | 576.0M |
RMR income statement Correlations
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RMR Account Relationship Matchups
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High Negative Relationship
RMR income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 516.0M | 515.4M | 743.0M | 10.5M | 4.7M | 4.5M | |
Interest Expense | 122.3M | 32.2M | 32.2M | 1.3M | 783K | 743.9K | |
Selling General Administrative | 34.3M | 39.0M | 43.1M | 28.8M | 43.7M | 35.2M | |
Total Revenue | 589.5M | 607.2M | 832.5M | 962.3M | 897.6M | 576.0M | |
Gross Profit | 107.5M | 117.6M | 133.9M | 169.6M | 453.7M | 476.4M | |
Other Operating Expenses | 517.3M | 529.6M | 742.7M | 842.4M | 487.6M | 430.3M | |
Operating Income | 68.7M | 72.1M | 88.4M | 113.7M | 45.0M | 42.7M | |
Ebit | (442.4M) | (436.8M) | (652.2M) | 110.5M | 65.2M | 68.5M | |
Ebitda | 73.6M | 78.6M | 90.8M | 121.1M | 69.9M | 120.4M | |
Cost Of Revenue | 482.0M | 489.7M | 698.6M | 792.8M | 443.9M | 367.7M | |
Total Operating Expenses | 35.3M | 40.0M | 44.0M | 49.6M | 43.7M | 45.5M | |
Income Before Tax | 77.9M | 94.2M | 90.7M | 149.5M | 64.4M | 118.7M | |
Total Other Income Expense Net | 9.1M | 22.1M | 2.3M | 35.8M | 19.5M | 20.4M | |
Net Income | 66.3M | 81.0M | 77.5M | 57.1M | 23.1M | 22.0M | |
Income Tax Expense | 11.6M | 13.2M | 13.2M | 21.8M | (11.3M) | (10.8M) | |
Net Income From Continuing Ops | 66.3M | 81.0M | 77.5M | 127.8M | 53.1M | 50.5M | |
Net Income Applicable To Common Shares | 74.1M | 28.8M | 35.7M | 33.7M | 38.7M | 44.6M | |
Minority Interest | 37.5M | 45.3M | (43.5M) | (70.6M) | (30.0M) | (28.5M) | |
Tax Provision | 11.6M | 13.2M | 13.2M | 21.8M | 11.3M | 17.2M | |
Interest Income | 4.5M | 760K | 1.3M | 10.6M | 10.4M | 10.9M | |
Net Interest Income | 4.5M | 760K | 1.3M | 10.6M | 9.6M | 5.1M | |
Reconciled Depreciation | 968K | 973K | 993K | 1.1M | 4.7M | 4.9M |
Pair Trading with RMR
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 RMR 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 RMR will appreciate offsetting losses from the drop in the long position's value.Moving against RMR Stock
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0.45 | OZ | Belpointe PREP LLC | PairCorr |
The ability to find closely correlated positions to RMR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RMR 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 RMR - 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 RMR Group to buy it.
The correlation of RMR 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 RMR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RMR Group 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 RMR 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 RMR Stock Analysis
When running RMR's price analysis, check to measure RMR'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 RMR is operating at the current time. Most of RMR's value examination focuses on studying past and present price action to predict the probability of RMR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RMR's price. Additionally, you may evaluate how the addition of RMR to your portfolios can decrease your overall portfolio volatility.