Charles Operating Income from 2010 to 2024
| CRL Stock | USD 238.81 1.32 0.55% |
Operating Income | First Reported 2000-03-31 | Previous Quarter 151.5 M | Current Value 132.9 M | Quarterly Volatility 96.9 M |
Check Charles River financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Charles main balance sheet or income statement drivers, such as Depreciation And Amortization of 329.8 M, Interest Expense of 143.5 M or Selling General Administrative of 787.9 M, as well as many exotic indicators such as Price To Sales Ratio of 2.05, Dividend Yield of 5.0E-4 or PTB Ratio of 2.7. Charles financial statements analysis is a perfect complement when working with Charles River Valuation or Volatility modules.
Charles | Operating Income |
Latest Charles River's Operating Income Growth Pattern
Below is the plot of the Operating Income of Charles River Laboratories over the last few years. Operating Income is the amount of profit realized from Charles River Labora 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 Charles River Laboratories 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. Charles River's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Charles River's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Charles Operating Income Regression Statistics
| Arithmetic Mean | 337,154,537 | |
| Geometric Mean | 270,232,974 | |
| Coefficient Of Variation | 60.54 | |
| Mean Deviation | 168,956,644 | |
| Median | 287,498,000 | |
| Standard Deviation | 204,118,553 | |
| Sample Variance | 41664.4T | |
| Range | 615.6M | |
| R-Value | 0.96 | |
| Mean Square Error | 3469.8T | |
| R-Squared | 0.92 | |
| Slope | 43,842,008 | |
| Total Sum of Squares | 583301.4T |
Charles Operating Income History
Other Fundumenentals of Charles River Labora
Charles River Operating Income component correlations
Click cells to compare fundamentals
About Charles River Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Charles River income statement, its balance sheet, and the statement of cash flows. Charles River investors use historical funamental indicators, such as Charles River's Operating Income, to determine how well the company is positioned to perform in the future. Although Charles River investors may use each financial statement separately, they are all related. The changes in Charles River's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Charles River'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 Charles River Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Charles River. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Income | 617.3 M | 648.1 M | |
| Non Operating Income Net Other | 36 M | 37.8 M |
Charles River Investors Sentiment
The influence of Charles River's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Charles. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Charles River's public news can be used to forecast risks associated with an investment in Charles. The trend in average sentiment can be used to explain how an investor holding Charles can time the market purely based on public headlines and social activities around Charles River Laboratories. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Charles River's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Charles River's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Charles River's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Charles River.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Charles River in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Charles River's short interest history, or implied volatility extrapolated from Charles River options trading.
Pair Trading with Charles River
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 Charles River 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 Charles River will appreciate offsetting losses from the drop in the long position's value.Moving against Charles Stock
| 0.74 | BNR | Burning Rock BiotechLtd Financial Report 4th of June 2024 | PairCorr |
| 0.69 | KA | Kineta Inc Financial Report 9th of May 2024 | PairCorr |
| 0.58 | VALN | Valneva SE ADR Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Charles River could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charles River 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 Charles River - 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 Charles River Laboratories to buy it.
The correlation of Charles River 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 Charles River moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charles River Labora 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 Charles River 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.Check out the analysis of Charles River Correlation against competitors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Charles Stock analysis
When running Charles River's price analysis, check to measure Charles River'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 Charles River is operating at the current time. Most of Charles River's value examination focuses on studying past and present price action to predict the probability of Charles River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charles River's price. Additionally, you may evaluate how the addition of Charles River to your portfolios can decrease your overall portfolio volatility.
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Is Charles River'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 Charles River. If investors know Charles 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 Charles River 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 (0.01) | Earnings Share 9.22 | Revenue Per Share 80.61 | Quarterly Revenue Growth (0.08) | Return On Assets 0.0519 |
The market value of Charles River Labora is measured differently than its book value, which is the value of Charles that is recorded on the company's balance sheet. Investors also form their own opinion of Charles River's value that differs from its market value or its book value, called intrinsic value, which is Charles River'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 Charles River's market value can be influenced by many factors that don't directly affect Charles River'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 Charles River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Charles River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charles River'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.