Acco Historical Income Statement
| ACCO Stock | USD 4.88 0.04 0.81% |
Historical analysis of Acco Brands income statement accounts such as Interest Expense of 37.5 M, Selling General Administrative of 331 M or Total Revenue of 1.5 B can show how well Acco Brands performed in making a profits. Evaluating Acco Brands income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Acco Brands's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Acco Brands latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Acco Brands is a good buy for the upcoming year.
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About Acco Income Statement Analysis
Acco Brands Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Acco Brands shareholders. The income statement also shows Acco investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Acco Brands Income Statement Chart
Acco Brands Income Statement is one of the three primary financial statements used for reporting Acco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Acco Brands revenue and expense. Acco Brands Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Acco Brands' Net Income From Continuing Ops is very stable compared to the past year. As of the 4th of May 2024, Non Recurring is likely to grow to about 130.8 M, while Depreciation And Amortization is likely to drop about 51.2 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Acco Brands generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Acco Brands minus its cost of goods sold. It is profit before Acco Brands operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Acco Brands. It is also known as Acco Brands overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Acco Brands whose combined shares represent less than 50% of the total outstanding shares issued by Acco Brands have a minority interest in Acco Brands.Most accounts from Acco Brands' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Acco Brands current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.At this time, Acco Brands' Net Income From Continuing Ops is very stable compared to the past year. As of the 4th of May 2024, Non Recurring is likely to grow to about 130.8 M, while Depreciation And Amortization is likely to drop about 51.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 614.9M | 552.3M | 598.3M | 488.7M | Total Revenue | 2.0B | 1.9B | 1.8B | 1.5B |
Acco Brands income statement Correlations
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Acco Brands Account Relationship Matchups
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High Negative Relationship
Acco Brands income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 92.8M | 86.6M | 117.4M | 79.4M | 76.1M | 51.2M | |
| Interest Expense | 43.2M | 38.8M | 46.3M | 45.6M | 58.6M | 37.5M | |
| Selling General Administrative | 291.5M | 237.3M | 275.2M | 267.9M | 395.3M | 331.0M | |
| Total Revenue | 2.0B | 1.7B | 2.0B | 1.9B | 1.8B | 1.5B | |
| Gross Profit | 633.5M | 492.4M | 614.9M | 552.3M | 598.3M | 488.7M | |
| Other Operating Expenses | 1.7B | 1.5B | 1.8B | 1.8B | 1.7B | 1.4B | |
| Operating Income | 196.2M | 112.4M | 151M | 159.8M | 44.7M | 42.5M | |
| Ebit | 196.2M | 112.4M | 151M | 159.8M | 162.2M | 118.8M | |
| Ebitda | 289M | 199M | 268.4M | 239.2M | 238.3M | 170.0M | |
| Cost Of Revenue | 1.3B | 1.2B | 1.4B | 1.4B | 1.2B | 988.3M | |
| Total Operating Expenses | 425.3M | 369.1M | 438.9M | 418.2M | 438.7M | 375.9M | |
| Income Before Tax | 163.5M | 78.6M | 111.4M | 14.9M | (13.1M) | (12.4M) | |
| Total Other Income Expense Net | (32.7M) | (33.8M) | (39.6M) | (144.9M) | (121.2M) | (115.1M) | |
| Net Income | 106.8M | 62M | 101.9M | (13.2M) | (21.8M) | (20.7M) | |
| Income Tax Expense | 56.7M | 16.6M | 9.5M | 28.1M | 8.7M | 8.3M | |
| Research Development | 21.8M | 19.7M | 26.6M | 26.3M | 25.8M | 23.0M | |
| Net Income Applicable To Common Shares | 106.8M | 62M | 101.9M | (13.2M) | (15.2M) | (14.4M) | |
| Net Income From Continuing Ops | 106.8M | 62M | 101.9M | (13.2M) | 56.4M | 69.5M | |
| Non Recurring | 12M | 10.9M | 6M | 108.3M | 124.5M | 130.8M | |
| Non Operating Income Net Other | 5M | (600K) | (1.2M) | 21.2M | 24.4M | 25.6M | |
| Tax Provision | 56.7M | 16.6M | 9.5M | 28.1M | 32.6M | 26.3M | |
| Interest Income | 3.2M | 1M | 1.9M | 8.3M | 7.5M | 6.1M | |
| Net Interest Income | (40M) | (37.8M) | (44.4M) | (37.3M) | (49.7M) | (52.2M) |
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 Acco Brands 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, Acco Brands' short interest history, or implied volatility extrapolated from Acco Brands options trading.
Pair Trading with Acco Brands
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 Acco Brands 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 Acco Brands will appreciate offsetting losses from the drop in the long position's value.Moving against Acco Stock
| 0.82 | MEG | Montrose Environmental Earnings Call This Week | PairCorr |
| 0.82 | RSG | Republic Services | PairCorr |
| 0.76 | NL | NL Industries | PairCorr |
| 0.7 | CLH | Clean Harbors Earnings Call This Week | PairCorr |
| 0.7 | PESI | Perma Fix Environmental Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Acco Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acco Brands 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 Acco Brands - 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 Acco Brands to buy it.
The correlation of Acco Brands 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 Acco Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acco Brands 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 Acco Brands 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.Note that the Acco Brands information on this page should be used as a complementary analysis to other Acco Brands' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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When running Acco Brands' price analysis, check to measure Acco Brands' 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 Acco Brands is operating at the current time. Most of Acco Brands' value examination focuses on studying past and present price action to predict the probability of Acco Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acco Brands' price. Additionally, you may evaluate how the addition of Acco Brands to your portfolios can decrease your overall portfolio volatility.
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Is Acco Brands' 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 Acco Brands. If investors know Acco 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 Acco Brands 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 (0.33) | Dividend Share 0.3 | Earnings Share (0.23) | Revenue Per Share 19.232 | Quarterly Revenue Growth (0.02) |
The market value of Acco Brands is measured differently than its book value, which is the value of Acco that is recorded on the company's balance sheet. Investors also form their own opinion of Acco Brands' value that differs from its market value or its book value, called intrinsic value, which is Acco Brands' 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 Acco Brands' market value can be influenced by many factors that don't directly affect Acco Brands' 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 Acco Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acco Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acco Brands' 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.