CommScope Operating Income from 2010 to 2024

COMM Stock  USD 1.00  0.02  1.96%   
CommScope Holding Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to drop to about 331.6 M. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit CommScope Holding Co generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2011-03-31
Previous Quarter
-825.8 M
Current Value
79.7 M
Quarterly Volatility
159.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Depreciation And Amortization of 495.4 M, Interest Expense of 381.8 M or Selling General Administrative of 866.3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0976, Dividend Yield of 0.0107 or Days Sales Outstanding of 72.5. 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.

Latest CommScope Holding's Operating Income Growth Pattern

Below is the plot of the Operating Income of CommScope Holding Co over the last few years. Operating Income is the amount of profit realized from CommScope Holding operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CommScope Holding Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. CommScope Holding's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CommScope Holding's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Pretty Stable
   Operating Income   
       Timeline  

CommScope Operating Income Regression Statistics

Arithmetic Mean303,469,446
Geometric Mean265,926,140
Coefficient Of Variation70.49
Mean Deviation172,872,149
Median329,714,000
Standard Deviation213,902,679
Sample Variance45754.4T
Range712.2M
R-Value0.25
Mean Square Error46152.3T
R-Squared0.06
Significance0.37
Slope12,038,792
Total Sum of Squares640561T

CommScope Operating Income History

2024331.6 M
2023511.8 M
2022471.4 M
2021132.3 M
2020218.4 M
2019-33 M
2018450 M

Other Fundumenentals of CommScope Holding

CommScope Holding Operating Income component correlations

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0.97-0.120.810.9-0.410.90.990.960.920.95-0.790.10.870.660.82-0.280.840.6-0.48-0.02-0.060.910.760.83
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-0.80.44-0.68-0.840.66-0.79-0.84-0.76-0.83-0.83-0.84-0.41-0.53-0.82-0.790.03-0.82-0.870.720.36-0.16-0.66-0.77-0.84
0.11-0.07-0.070.14-0.10.10.140.10.180.110.11-0.41-0.040.280.19-0.010.160.3-0.46-0.110.95-0.020.060.07
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0.7-0.560.580.8-0.750.660.810.650.740.780.81-0.820.280.360.710.070.810.88-0.75-0.410.040.50.70.76
0.92-0.350.810.96-0.590.820.960.830.920.950.89-0.790.190.770.71-0.30.960.83-0.6-0.24-0.070.750.740.87
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0.7-0.690.690.84-0.850.60.840.580.720.810.77-0.870.30.370.880.830.080.87-0.67-0.55-0.020.490.760.86
-0.520.19-0.16-0.550.34-0.48-0.56-0.52-0.63-0.51-0.540.72-0.46-0.25-0.75-0.60.14-0.54-0.670.25-0.31-0.28-0.34-0.39
-0.110.84-0.19-0.220.78-0.02-0.22-0.03-0.11-0.2-0.160.36-0.110.02-0.41-0.24-0.31-0.22-0.550.250.1-0.19-0.49-0.44
-0.090.19-0.3-0.110.19-0.06-0.11-0.05-0.02-0.13-0.11-0.160.95-0.150.04-0.07-0.05-0.11-0.02-0.310.1-0.17-0.19-0.21
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0.88-0.60.940.94-0.820.830.930.80.840.940.92-0.840.070.690.760.87-0.040.930.86-0.39-0.44-0.210.810.93
Click cells to compare fundamentals

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 Operating 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 Next Year
Operating Income511.8 M331.6 M
Non Operating Income Net Other3.1 M3.3 M

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.

Moving together with CommScope Stock

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Moving against CommScope Stock

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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 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 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for CommScope Stock analysis

When running CommScope Holding's price analysis, check to measure CommScope Holding'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 CommScope Holding is operating at the current time. Most of CommScope Holding's value examination focuses on studying past and present price action to predict the probability of CommScope Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CommScope Holding's price. Additionally, you may evaluate how the addition of CommScope Holding to your portfolios can decrease your overall portfolio volatility.
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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
(4.33)
Revenue Per Share
27.45
Quarterly Revenue Growth
(0.49)
Return On Assets
0.0308
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.