Gen Historical Income Statement

GEN Stock  USD 30.62  0.43  1.42%   
Historical analysis of Gen Digital income statement accounts such as Total Revenue of 3.2 B or Gross Profit of 2.6 B can show how well Gen Digital performed in making a profits. Evaluating Gen Digital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Gen Digital's future profits or losses.
 
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Covid
Financial Statement Analysis is much more than just reviewing and examining Gen Digital 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 Gen Digital is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gen Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Gen Stock, please use our How to Invest in Gen Digital guide.

About Gen Income Statement Analysis

Gen Digital 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 Gen Digital shareholders. The income statement also shows Gen 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).

Gen Digital Income Statement Chart

At this time, Gen Digital's Net Income From Continuing Ops is very stable compared to the past year.

Total Revenue

Total revenue comprises all receipts Gen Digital 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 Gen Digital minus its cost of goods sold. It is profit before Gen Digital 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 Gen Digital. It is also known as Gen Digital 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 Gen Digital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Gen Digital 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gen Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Gen Stock, please use our How to Invest in Gen Digital guide.At this time, Gen Digital's Net Income From Continuing Ops is very stable compared to the past year.
 2021 2022 2023 2024 (projected)
Interest Expense126M401M669M702.5M
Depreciation And Amortization160M352M485M352.5M

Gen Digital income statement Correlations

0.150.80.770.860.00.160.530.890.830.130.190.06-0.220.790.810.72-0.03-0.010.36-0.01-0.410.540.040.04
0.15-0.11-0.13-0.140.290.020.07-0.04-0.2-0.25-0.66-0.07-0.48-0.220.42-0.25-0.63-0.94-0.27-0.140.55-0.33-0.850.84
0.8-0.111.00.980.310.530.760.960.970.530.260.230.10.90.590.940.060.130.19-0.17-0.430.480.15-0.11
0.77-0.131.00.970.340.560.780.950.960.570.270.250.130.880.560.940.060.140.18-0.16-0.420.460.15-0.12
0.86-0.140.980.970.140.360.640.981.00.390.310.180.10.960.620.960.130.180.29-0.14-0.560.60.15-0.15
0.00.290.310.340.140.90.770.130.130.75-0.340.240.09-0.030.040.18-0.25-0.32-0.130.190.51-0.43-0.270.26
0.160.020.530.560.360.90.930.350.340.86-0.150.280.130.180.180.35-0.07-0.03-0.060.180.3-0.250.080.05
0.530.070.760.780.640.770.930.650.620.8-0.050.270.030.460.460.58-0.07-0.030.090.150.10.00.090.05
0.89-0.040.960.950.980.130.350.650.960.310.20.13-0.020.940.690.880.020.090.23-0.19-0.490.580.12-0.07
0.83-0.20.970.961.00.130.340.620.960.40.360.190.140.960.580.970.170.230.31-0.12-0.580.590.18-0.21
0.13-0.250.530.570.390.750.860.80.310.40.330.40.180.220.00.460.10.21-0.090.080.13-0.180.25-0.2
0.19-0.660.260.270.31-0.34-0.15-0.050.20.360.330.210.110.3-0.080.40.430.650.05-0.17-0.490.320.57-0.59
0.06-0.070.230.250.180.240.280.270.130.190.40.210.410.19-0.040.18-0.190.0-0.06-0.090.070.030.09-0.1
-0.22-0.480.10.130.10.090.130.03-0.020.140.180.110.410.15-0.260.20.480.380.20.14-0.360.150.22-0.22
0.79-0.220.90.880.96-0.030.180.460.940.960.220.30.190.150.530.910.190.260.36-0.14-0.670.660.16-0.25
0.810.420.590.560.620.040.180.460.690.580.0-0.08-0.04-0.260.530.42-0.01-0.250.13-0.03-0.170.24-0.210.37
0.72-0.250.940.940.960.180.350.580.880.970.460.40.180.20.910.420.180.230.31-0.14-0.610.60.14-0.22
-0.03-0.630.060.060.13-0.25-0.07-0.070.020.170.10.43-0.190.480.19-0.010.180.720.350.35-0.590.130.38-0.39
-0.01-0.940.130.140.18-0.32-0.03-0.030.090.230.210.650.00.380.26-0.250.230.720.320.28-0.50.230.86-0.89
0.36-0.270.190.180.29-0.13-0.060.090.230.31-0.090.05-0.060.20.360.130.310.350.320.74-0.560.620.23-0.22
-0.01-0.14-0.17-0.16-0.140.190.180.15-0.19-0.120.08-0.17-0.090.14-0.14-0.03-0.140.350.280.740.01-0.050.17-0.18
-0.410.55-0.43-0.42-0.560.510.30.1-0.49-0.580.13-0.490.07-0.36-0.67-0.17-0.61-0.59-0.5-0.560.01-0.85-0.330.3
0.54-0.330.480.460.6-0.43-0.250.00.580.59-0.180.320.030.150.660.240.60.130.230.62-0.05-0.850.29-0.16
0.04-0.850.150.150.15-0.270.080.090.120.180.250.570.090.220.16-0.210.140.380.860.230.17-0.330.29-0.8
0.040.84-0.11-0.12-0.150.260.050.05-0.07-0.21-0.2-0.59-0.1-0.22-0.250.37-0.22-0.39-0.89-0.22-0.180.3-0.16-0.8
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Gen Digital Account Relationship Matchups

Gen Digital income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization361M172M160M352M485M352.5M
Interest Expense196M144M126M401M669M702.5M
Total Revenue2.5B2.6B2.8B3.3B3.8B3.2B
Gross Profit2.1B2.2B2.4B2.7B3.1B2.6B
Other Operating Expenses1.9B1.5B1.8B2.0B2.6B2.6B
Operating Income1.3B896M1.0B1.2B1.1B1.2B
Ebit1.3B1.0B1.2B1.2B1.1B643.1M
Ebitda1.6B1.2B1.3B1.6B1.6B995.5M
Cost Of Revenue393M362M408M589M731M586.6M
Total Operating Expenses1.5B1.1B1.4B1.5B1.7B2.0B
Income Before Tax819M872M1.0B804M459M266.3M
Total Other Income Expense Net(462M)(186M)6M(423M)(663M)(629.9M)
Net Income578M554M836M1.3B616M646.8M
Income Tax Expense241M176M206M(545M)(157M)(149.2M)
Research Development328M267M253M313M332M577.2M
Selling General Administrative368M215M392M286M604M405.6M
Selling And Marketing Expenses701M576M622M682M733M1.3B
Tax Provision241M176M206M(545M)(157M)(149.2M)
Net Interest Income(116M)(140M)(126M)(401M)(644M)(611.8M)
Interest Income80M4M0.015M25M22.1M
Net Income From Continuing Ops578M696M836M1.3B616M750.0M
Reconciled Depreciation361M150M140M329M485M277.3M
Net Income Applicable To Common Shares3.9B554M836M1.3B1.2B1.1B

Pair Trading with Gen Digital

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 Gen Digital 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 Gen Digital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Gen Stock

  0.79S SentinelOnePairCorr

Moving against Gen Stock

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  0.74VRAR Glimpse GroupPairCorr
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  0.5FAAS DigiAsia Corp Symbol ChangePairCorr
  0.47VRNT Verint SystemsPairCorr
The ability to find closely correlated positions to Gen Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gen Digital 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 Gen Digital - 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 Gen Digital to buy it.
The correlation of Gen Digital 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 Gen Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gen Digital 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 Gen Digital 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 CorrelationCorrelation Matching
When determining whether Gen Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gen Digital'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 Gen Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gen Digital Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gen Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Gen Stock, please use our How to Invest in Gen Digital guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Application Software 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 Gen Digital. If investors know Gen 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 Gen Digital 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
0.132
Dividend Share
0.5
Earnings Share
0.99
Revenue Per Share
6.171
Quarterly Revenue Growth
0.031
The market value of Gen Digital is measured differently than its book value, which is the value of Gen that is recorded on the company's balance sheet. Investors also form their own opinion of Gen Digital's value that differs from its market value or its book value, called intrinsic value, which is Gen Digital'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 Gen Digital's market value can be influenced by many factors that don't directly affect Gen Digital'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 Gen Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gen Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gen Digital'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.