Encore Historical Income Statement

ECPG Stock  USD 42.48  0.39  0.93%   
Historical analysis of Encore Capital income statement accounts such as Total Revenue of 717.3 M or Gross Profit of 404.2 M can show how well Encore Capital Group performed in making a profits. Evaluating Encore Capital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Encore Capital's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Encore Capital Group 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 Encore Capital Group is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encore Capital Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

About Encore Income Statement Analysis

Encore Capital Group 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 Encore Capital shareholders. The income statement also shows Encore 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).

Encore Capital Income Statement Chart

Encore Capital Group Income Statement is one of the three primary financial statements used for reporting Encore's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Encore Capital Group revenue and expense. Encore Capital Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Encore Capital's Income Tax Expense is most likely to increase significantly in the upcoming years. The Encore Capital's current Net Income Applicable To Common Shares is estimated to increase to about 234.9 M, while Total Revenue is projected to decrease to roughly 717.3 M.

Total Revenue

Total revenue comprises all receipts Encore Capital Group 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 Encore Capital Group minus its cost of goods sold. It is profit before Encore Capital 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 Encore Capital Group. It is also known as Encore Capital 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.

Operating Income

Operating Income is the amount of profit realized from Encore Capital Group 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 Encore Capital Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Encore Capital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Encore Capital Group 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encore Capital Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, Encore Capital's Income Tax Expense is most likely to increase significantly in the upcoming years. The Encore Capital's current Net Income Applicable To Common Shares is estimated to increase to about 234.9 M, while Total Revenue is projected to decrease to roughly 717.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit928.0M769.7M571.2M404.2M
Total Revenue1.6B1.4B1.2B717.3M

Encore Capital income statement Correlations

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0.150.280.060.010.130.01-0.03-0.010.090.09-0.080.290.02-0.05-0.010.06-0.09-0.070.360.15-0.03-0.170.25-0.03-0.18
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0.690.540.60.570.590.250.540.560.70.39-0.03-0.76-0.10.260.070.58-0.110.51-0.380.56-0.170.360.79-0.180.51
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Click cells to compare fundamentals

Encore Capital Account Relationship Matchups

Encore Capital income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization33.4M42.4M32.3M52.6M41.7M43.8M
Interest Expense226.8M209.4M169.6M153.3M186.2M95.7M
Total Revenue1.4B1.5B1.6B1.4B1.2B717.3M
Gross Profit754.8M834.4M928.0M769.7M571.2M404.2M
Other Operating Expenses940.6M967.8M981.2M936.2M949.2M507.1M
Operating Income446.3M533.6M633.3M462.2M16.5M15.7M
Ebit446.3M533.6M633.3M462.2M262.9M210.8M
Ebitda479.7M576.0M665.6M514.8M304.6M229.6M
Cost Of Revenue642.9M667.0M686.5M628.6M651.4M684.0M
Total Operating Expenses297.7M300.8M294.7M307.5M297.8M207.0M
Income Before Tax201.2M282.9M436.5M311.0M(180.3M)(171.3M)
Total Other Income Expense Net(245.1M)(250.7M)(196.7M)(151.2M)(251.8M)(239.3M)
Net Income167.9M211.8M350.8M194.6M(206.5M)(196.2M)
Income Tax Expense32.3M70.4M85.3M116.4M26.2M33.9M
Selling General Administrative148.3M149.1M137.7M145.8M144.9M114.9M
Net Income Applicable To Common Shares167.9M211.8M350.8M194.6M223.7M234.9M
Net Income From Continuing Ops168.9M212.5M351.2M194.6M(206.5M)(196.2M)
Non Recurring213.4M239.1M254.3M217.9M250.6M231.8M
Non Operating Income Net Other(18.3M)(41.3M)(27.1M)2.1M1.9M2.0M
Minority Interest4.3M6.2M(1.0M)676K419K0.0
Tax Provision32.3M70.4M85.3M116.4M26.2M24.9M
Net Interest Income(226.8M)(209.4M)(169.6M)(153.3M)(201.9M)(212.0M)
Reconciled Depreciation41.0M42.8M50.1M50.5M41.7M48.3M

Pair Trading with Encore Capital

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 Encore Capital 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 Encore Capital will appreciate offsetting losses from the drop in the long position's value.

Moving against Encore Stock

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The ability to find closely correlated positions to Encore Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Encore Capital 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 Encore Capital - 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 Encore Capital Group to buy it.
The correlation of Encore Capital 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 Encore Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Encore Capital 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 Encore Capital 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 Encore Capital Group is a strong investment it is important to analyze Encore Capital'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 Encore Capital's future performance. For an informed investment choice regarding Encore Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encore Capital Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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Is Encore Capital'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 Encore Capital. If investors know Encore 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 Encore Capital 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
(0.35)
Earnings Share
(8.72)
Revenue Per Share
51.655
Quarterly Revenue Growth
0.185
Return On Assets
0.0374
The market value of Encore Capital Group is measured differently than its book value, which is the value of Encore that is recorded on the company's balance sheet. Investors also form their own opinion of Encore Capital's value that differs from its market value or its book value, called intrinsic value, which is Encore Capital'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 Encore Capital's market value can be influenced by many factors that don't directly affect Encore Capital'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 Encore Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encore Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encore Capital'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.