CommScope Financial Statements From 2010 to 2023

COMM Stock  USD 1.89  0.22  13.17%   
CommScope Holding financial statements provide useful quarterly and yearly information to potential CommScope Holding Co investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on CommScope Holding financial statements helps investors assess CommScope Holding's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting CommScope Holding's valuation are summarized below:
Gross Profit
2.8 B
Profit Margin
(0.26)
Market Capitalization
400.8 M
Enterprise Value Revenue
1.348
Revenue
7.8 B
There are over one hundred nine available fundamental signals for CommScope Holding Co, which can be analyzed over time and compared to other ratios. Self-guided Investors are advised to validate CommScope Holding's prevailing fundamentals against the trend between 2010 and 2023 to make sure the company can sustain itself down the road. At this time, CommScope Holding's Enterprise Value is very stable as compared to the past year. As of the 3rd of December 2023, Free Cash Flow is likely to grow to about 91.1 M, while Revenue Per Employee is likely to drop about 269 K.

CommScope Holding Revenues

8.18 Billion

Check CommScope Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CommScope main balance sheet or income statement drivers, such as Direct Expenses of 6.9 B, Cost of Revenue of 5.6 B or Gross Profit of 2.6 B, as well as many exotic indicators such as Interest Coverage of 0.1, Long Term Debt to Equity of 10.23 or Calculated Tax Rate of 21.08. CommScope financial statements analysis is a perfect complement when working with CommScope Holding Valuation or Volatility modules.
  
This module can also supplement CommScope Holding's financial leverage analysis and stock options assessment as well as various CommScope Holding Technical models . Check out the analysis of CommScope Holding Correlation against competitors.

CommScope Holding Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities189.9 M173.4 M259 M
Slightly volatile
Tax Assets47.8 M46.1 M53 M
Slightly volatile
Trade and Non Trade Receivables1.4 B1.5 BB
Slightly volatile
Property Plant and Equipment Net613 M609.6 M491 M
Slightly volatile
Trade and Non Trade Payables883 MB556.6 M
Slightly volatile
Liabilities Non Current8.9 B10 BB
Slightly volatile
Current Liabilities1.8 B2.1 B1.1 B
Slightly volatile
Total Liabilities10.7 B12.1 B7.2 B
Slightly volatile
Inventory1.3 B1.6 B703.8 M
Slightly volatile
Goodwill and Intangible Assets6.6 B6.5 B5.2 B
Slightly volatile
Shareholders Equity USD(1.6 B)(1.5 B)704.7 M
Slightly volatile
Shareholders Equity Attributable to Parent(1.6 B)(1.5 B)704.7 M
Slightly volatile
Total Debt USD8.4 B9.5 B5.5 B
Slightly volatile
Debt Non Current8.4 B9.5 B5.5 B
Slightly volatile
Debt Current31.1 M36.8 M21.7 M
Slightly volatile
Total Debt8.4 B9.5 B5.5 B
Slightly volatile
Cash and Equivalents USD479.1 M398.1 M437.8 M
Slightly volatile
Cash and Equivalents479.1 M398.1 M437.8 M
Slightly volatile
Assets Non Current7.8 BBB
Slightly volatile
Current Assets3.4 B3.7 B2.3 B
Slightly volatile
Total Assets11.2 B11.7 B8.3 B
Slightly volatile
Accounts Payable1.1 BB570.7 M
Slightly volatile
Receivables1.2 B1.5 B996 M
Slightly volatile
Inventories1.7 B1.6 B740.2 M
Slightly volatile

CommScope Holding Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense(13.4 M)(13.1 M)999.1 K
Slightly volatile
Weighted Average Shares Diluted219.2 M207.4 M187.2 M
Slightly volatile
Weighted Average Shares218.1 M207.4 M185.6 M
Slightly volatile
Selling General and Administrative Expense1.1 B1.1 B803.4 M
Slightly volatile
Research and Development Expense541 M657.4 M320.6 M
Slightly volatile
Revenues USD8.2 B9.2 B5.6 B
Slightly volatile
Revenues8.2 B9.2 B5.6 B
Slightly volatile
Preferred Dividends Income Statement Impact62.3 M59 M48 M
Slightly volatile
Operating Income(732.6 M)(713.8 M)95.4 M
Slightly volatile
Operating Expenses2.9 B3.5 B1.7 B
Slightly volatile
Net Income Common Stock USD(1.4 B)(1.3 B)(292.3 M)
Slightly volatile
Net Income Common Stock(1.4 B)(1.3 B)(292.3 M)
Slightly volatile
Net Income(1.3 B)(1.3 B)(272.5 M)
Slightly volatile
Interest Expense514.8 M588.9 M341.8 M
Slightly volatile
Gross Profit2.6 B2.8 B1.8 B
Slightly volatile
Earning Before Interest and Taxes USD(729.8 M)(711.1 M)76.7 M
Slightly volatile
Earning Before Interest and Taxes EBIT(729.8 M)(711.1 M)76.7 M
Slightly volatile
Cost of Revenue5.6 B6.4 B3.7 B
Slightly volatile
Consolidated Income(1.3 B)(1.3 B)(272.5 M)
Slightly volatile
Direct Expenses6.9 B6.4 B3.7 B
Slightly volatile

CommScope Holding Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation60 M61.1 M43.1 M
Slightly volatile
Effect of Exchange Rate Changes on Cash (5.5 M)(5.1 M)(6.6 M)
Very volatile
Net Cash Flow from Operations261 M190 M359.9 M
Very volatile
Net Cash Flow Investment Acquisitions and Disposals(16.6 M)(16.2 M)(4.9 M)
Slightly volatile
Net Cash Flow from Financing(66.7 M)(65 M)306.6 M
Pretty Stable
Issuance Repayment of Debt Securities (40.2 M)(39.2 M)315.4 M
Very volatile
Issuance Purchase of Equity Shares102.6 K100 K118.2 M
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals(3.4 M)(3.1 M)(951.5 M)
Pretty Stable
Net Cash Flow or Change in Cash and Cash Equivalents40.8 M37.8 M1.2 M
Very volatile
Depreciation Amortization and Accretion645 M696.1 M461.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share22.7724.78116.4434
Slightly volatile
Sales per Share40.7544.49429.5049
Slightly volatile
Return on Sales(0.079)(0.077)0.0388
Slightly volatile
Return on Invested Capital(0.0595)(0.058)0.0368
Slightly volatile
Return on Average Equity2.021.876(3.9052)
Pretty Stable
Return on Average Assets(0.11)(0.107)(0.0178)
Slightly volatile
Price to Sales Ratio0.170.1650.7771
Slightly volatile
Price to Earnings Ratio(1.16)(1.133)46.9527
Slightly volatile
Price to Book Value(1.02)(0.991)1.852
Slightly volatile
Profit Margin(0.15)(0.146)(0.0269)
Slightly volatile
Gross Margin0.30.3040.3355
Pretty Stable
Free Cash Flow per Share0.440.4281.5806
Slightly volatile
Enterprise Value over EBITDA(752)(733)(92.9911)
Slightly volatile
Enterprise Value over EBIT(15.39)(15.0)31.0432
Very volatile
Earnings per Basic Share USD(6.66)(6.49)(1.4224)
Slightly volatile
Earnings per Diluted Share(6.66)(6.49)(1.4295)
Slightly volatile
Earnings per Basic Share(6.66)(6.49)(1.4224)
Slightly volatile
EBITDA Margin(0.0021)(0.002)0.1199
Slightly volatile
Debt to Equity Ratio(8.05)(7.847)(1.0625)
Pretty Stable
Current Ratio1.931.7682.339
Slightly volatile
Book Value per Share(7.65)(7.454)4.1673
Slightly volatile
Asset Turnover0.660.7310.6615
Pretty Stable
Total Assets Per Share47.9956.079743.4104
Slightly volatile
Cash Flow Per Share1.230.91181.7016
Pretty Stable
Return on Investment(7.53)(7.3338)3.6248
Slightly volatile
Operating Margin(7.94)(7.7351)(1.2783)
Pretty Stable
Calculated Tax Rate21.0820.5435.2027
Slightly volatile
Receivables Turnover5.576.03895.6578
Very volatile
Inventory Turnover5.794.24886.2347
Slightly volatile
PPandE Turnover12.4314.579510.9993
Slightly volatile
Cash and Equivalents Turnover26.2624.335713.5527
Slightly volatile
Accounts Payable Turnover11.678.442113.1631
Slightly volatile
Accrued Expenses Turnover11.0411.026511.9784
Slightly volatile
Interest Coverage0.10.09991.2112
Slightly volatile
Long Term Debt to Equity10.239.484.6447
Slightly volatile
Quick Ratio1.390.90821.5744
Slightly volatile
Net Current Assets as percentage of Total Assets16.5113.852316.0064
Slightly volatile
Revenue to Assets0.70.78970.6649
Pretty Stable

CommScope Holding Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital1.6 B1.6 B1.2 B
Slightly volatile
Tangible Asset Value4.6 B5.1 B3.1 B
Slightly volatile
Market Capitalization1.6 B1.5 B3.7 B
Slightly volatile
Invested Capital Average10.8 B12.2 B7.2 B
Slightly volatile
Invested Capital10.7 B12.1 B7.1 B
Slightly volatile
Free Cash Flow91.1 M88.8 M288.5 M
Pretty Stable
Enterprise Value11.5 B11 B9.2 B
Slightly volatile
Average Equity(736.3 M)(717.5 M)884.3 M
Slightly volatile
Earnings before Tax(1.3 B)(1.3 B)(271.5 M)
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD(15.4 M)(15 M)543.3 M
Pretty Stable
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(15.4 M)(15 M)543.3 M
Pretty Stable
Average Assets11.7 B12.6 B8.5 B
Slightly volatile
Revenue Per Employee269 K307.6 K256.9 K
Pretty Stable
Net Income Per Employee(44 K)(42.9 K)(7.8 K)
Slightly volatile

CommScope Fundamental Market Drivers

Forward Price Earnings1.085
Cash And Short Term Investments398.1 M

CommScope Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About CommScope Holding Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include CommScope Holding income statement, its balance sheet, and the statement of cash flows. CommScope Holding investors use historical funamental indicators, such as CommScope Holding's revenue or net income, to determine how well the company is positioned to perform in the future. Although CommScope Holding investors may use each financial statement separately, they are all related. The changes in CommScope Holding's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CommScope Holding's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CommScope Holding Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CommScope Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Cost of Revenue6.4 B5.6 B
Revenues9.2 B8.2 B
Revenue to Assets 0.79  0.70 
Revenue Per Employee307.6 K269 K

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Pair Trading with CommScope Holding

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 CommScope Holding 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 CommScope Holding will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to CommScope Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CommScope Holding 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 CommScope Holding - 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 CommScope Holding Co to buy it.
The correlation of CommScope Holding is a statistical measure of how it moves in relation to other equities. 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 CommScope Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CommScope Holding 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 CommScope Holding 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 CommScope Holding is a strong investment it is important to analyze CommScope Holding's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CommScope Holding's future performance. For an informed investment choice regarding CommScope Stock, refer to the following important reports:
Check out the analysis of CommScope Holding Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Is CommScope Holding's industry 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 CommScope Holding. If investors know CommScope 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 CommScope Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(10.04)
Revenue Per Share
37.343
Quarterly Revenue Growth
(0.33)
Return On Assets
0.0301
Return On Equity
(18.38)
The market value of CommScope Holding is measured differently than its book value, which is the value of CommScope that is recorded on the company's balance sheet. Investors also form their own opinion of CommScope Holding's value that differs from its market value or its book value, called intrinsic value, which is CommScope Holding'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 CommScope Holding's market value can be influenced by many factors that don't directly affect CommScope Holding'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 CommScope Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if CommScope Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CommScope Holding'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.