Berry Net Income from 2010 to 2024

BERY Stock  USD 56.91  0.54  0.96%   
Berry Global Net Income yearly trend continues to be fairly stable with very little volatility. Net Income is likely to outpace its year average in 2024. During the period from 2010 to 2024, Berry Global Net Income regression line of annual values had slope of  65,555,973 and arithmetic mean of  378,181,167. View All Fundamentals
 
Net Income  
First Reported
2010-09-30
Previous Quarter
186 M
Current Value
59 M
Quarterly Volatility
88.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Berry Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Berry main balance sheet or income statement drivers, such as Depreciation And Amortization of 509.9 M, Interest Expense of 324.9 M or Selling General Administrative of 579.9 M, as well as many exotic indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0187 or PTB Ratio of 2.18. Berry financial statements analysis is a perfect complement when working with Berry Global Valuation or Volatility modules.
  
This module can also supplement Berry Global's financial leverage analysis and stock options assessment as well as various Berry Global Technical models . Check out the analysis of Berry Global Correlation against competitors.

Latest Berry Global's Net Income Growth Pattern

Below is the plot of the Net Income of Berry Global Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Berry Global Group financial statement analysis. It represents the amount of money remaining after all of Berry Global Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Berry Global's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Berry Global's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 609 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Berry Net Income Regression Statistics

Arithmetic Mean378,181,167
Coefficient Of Variation80.61
Mean Deviation263,635,756
Median404,000,000
Standard Deviation304,857,995
Sample Variance92938.4T
Range879M
R-Value0.96
Mean Square Error7524.1T
R-Squared0.92
Slope65,555,973
Total Sum of Squares1301137.6T

Berry Net Income History

2024735.4 M
2023700.4 M
2022609 M
2021766 M
2020733 M
2019559 M
2018404 M

Other Fundumenentals of Berry Global Group

Berry Global Net Income component correlations

About Berry Global Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Berry Global income statement, its balance sheet, and the statement of cash flows. Berry Global investors use historical funamental indicators, such as Berry Global's Net Income, to determine how well the company is positioned to perform in the future. Although Berry Global investors may use each financial statement separately, they are all related. The changes in Berry Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Berry Global'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 Berry Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Berry Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income700.4 M735.4 M
Net Income From Continuing Ops700.4 M398.8 M
Net Income Applicable To Common Shares700.4 M398.8 M
Net Income Per Share 4.56  4.79 
Net Income Per E B T 0.74  0.62 

Pair Trading with Berry Global

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 Berry Global 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 Berry Global will appreciate offsetting losses from the drop in the long position's value.

Moving together with Berry Stock

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The ability to find closely correlated positions to Berry Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berry Global 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 Berry Global - 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 Berry Global Group to buy it.
The correlation of Berry Global 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 Berry Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berry Global Group 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 Berry Global 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 Berry Global Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Berry Global'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 Berry Global Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Berry Global Group Stock:
Check out the analysis of Berry Global Correlation against competitors.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Berry Stock analysis

When running Berry Global's price analysis, check to measure Berry Global'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 Berry Global is operating at the current time. Most of Berry Global's value examination focuses on studying past and present price action to predict the probability of Berry Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berry Global's price. Additionally, you may evaluate how the addition of Berry Global to your portfolios can decrease your overall portfolio volatility.
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Is Berry Global'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 Berry Global. If investors know Berry 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 Berry Global 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
(0.41)
Dividend Share
1.025
Earnings Share
4.6
Revenue Per Share
105.501
Quarterly Revenue Growth
(0.07)
The market value of Berry Global Group is measured differently than its book value, which is the value of Berry that is recorded on the company's balance sheet. Investors also form their own opinion of Berry Global's value that differs from its market value or its book value, called intrinsic value, which is Berry Global'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 Berry Global's market value can be influenced by many factors that don't directly affect Berry Global'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 Berry Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Berry Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berry Global'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.