Saia Net Income vs. Gross Profit
| SAIA Stock | USD 541.69 7.50 1.37% |
Net Income | First Reported 2000-12-31 | Previous Quarter 102.5 M | Current Value 92.7 M | Quarterly Volatility 30.4 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.15 | 0.1601 |
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| Net Profit Margin | 0.13 | 0.1232 |
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| Operating Profit Margin | 0.17 | 0.1601 |
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| Pretax Profit Margin | 0.17 | 0.1618 |
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| Return On Assets | 0.14 | 0.1374 |
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| Return On Equity | 0.19 | 0.1828 |
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For Saia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Saia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Saia Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Saia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Saia Inc over time as well as its relative position and ranking within its peers.
Saia |
Is Cargo Ground Transportation 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 Saia. If investors know Saia 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 Saia 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 (0.06) | Earnings Share 14.03 | Revenue Per Share 118.876 | Quarterly Revenue Growth 0.086 | Return On Assets 0.111 |
The market value of Saia Inc is measured differently than its book value, which is the value of Saia that is recorded on the company's balance sheet. Investors also form their own opinion of Saia's value that differs from its market value or its book value, called intrinsic value, which is Saia'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 Saia's market value can be influenced by many factors that don't directly affect Saia'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 Saia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saia'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.
Saia Inc Gross Profit vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Saia's current stock value. Our valuation model uses many indicators to compare Saia value to that of its competitors to determine the firm's financial worth. Saia Inc is rated second in net income category among its peers. It is rated below average in gross profit category among its peers fabricating about 2.11 of Gross Profit per Net Income. At present, Saia's Net Income is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Saia's earnings, one of the primary drivers of an investment's value.Saia Gross Profit vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Saia |
| = | 354.86 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Saia |
| = | 748.17 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Saia Gross Profit Comparison
Saia is currently under evaluation in gross profit category among its peers.
Saia Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Saia, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Saia will eventually generate negative long term returns. The profitability progress is the general direction of Saia's change in net profit over the period of time. It can combine multiple indicators of Saia, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -5.7 M | -6 M | |
| Operating Income | 461.4 M | 484.5 M | |
| Net Income | 354.9 M | 372.6 M | |
| Income Tax Expense | 111.4 M | 116.9 M | |
| Income Before Tax | 466.2 M | 489.5 M | |
| Net Income Applicable To Common Shares | 411 M | 431.6 M | |
| Total Other Income Expense Net | 4.8 M | 3.9 M | |
| Net Income From Continuing Ops | 336.5 M | 353.3 M | |
| Non Operating Income Net Other | 196.7 K | 359.4 K | |
| Interest Income | 6.2 M | 3.2 M | |
| Net Interest Income | 646 K | 678.3 K | |
| Change To Netincome | 38.6 M | 40.6 M | |
| Net Income Per Share | 13.32 | 13.99 | |
| Income Quality | 1.63 | 1.55 | |
| Net Income Per E B T | 0.76 | 0.80 |
Saia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Saia. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Saia position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Saia's important profitability drivers and their relationship over time.
Use Saia in pair-trading
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 Saia 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 Saia will appreciate offsetting losses from the drop in the long position's value.Saia Pair Trading
Saia Inc Pair Trading Analysis
The ability to find closely correlated positions to Saia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saia 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 Saia - 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 Saia Inc to buy it.
The correlation of Saia 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 Saia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saia Inc 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 Saia 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.Use Investing Themes to Complement your Saia position
In addition to having Saia in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Corporate Bonds Funds Thematic Idea Now
Corporate Bonds Funds
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate Bonds Funds Theme or any other thematic opportunities.
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To fully project Saia's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Saia Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Saia's income statement, its balance sheet, and the statement of cash flows.