GMS Operating Income vs Net Income Analysis

GMS Stock

USD 94.36 0.95 1.00%

GMS financial indicator trend analysis is much more than just examining GMS Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GMS Inc is a good investment. Please check the relationship between GMS Operating Income and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GMS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GMS Inc Operating Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between GMS's Operating Income and Net Income is 0.93. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of GMS Inc, assuming nothing else is changed. The correlation between historical values of GMS's Operating Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of GMS Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., GMS's Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from GMS Inc 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 GMS Inc 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in GMS Inc financial statement analysis. It represents the amount of money remaining after all of GMS Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from GMS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GMS Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GMS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

At this time, GMS's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.24 in 2024, whereas Selling General Administrative is likely to drop slightly above 740.1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.5B	1.7B	2.0B	2.1B
Total Revenue	4.6B	5.3B	6.1B	6.4B

Gross Profit Total Revenue

GMS fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Common Stock Shares Outstanding		0.75	0.71	0.05	0.73	0.75	0.01	0.61	0.72	0.72	0.69	0.69	0.73	0.66	0.74	-0.16	0.38	0.7	0.66	0.74	0.75	0.82	0.69	0.73	0.67	0.72
Total Assets	0.75		0.97	0.08	0.99	0.87	0.18	0.66	0.88	0.91	0.96	0.84	0.9	0.79	0.99	-0.09	0.61	0.96	0.79	0.99	0.98	0.84	0.96	0.88	0.89	0.69
Short Long Term Debt Total	0.71	0.97		0.03	0.95	0.81	0.09	0.5	0.86	0.91	0.99	0.76	0.87	0.82	0.99	-0.05	0.57	0.99	0.82	0.92	0.97	0.83	1.0	0.83	0.93	0.73
Other Current Liab	0.05	0.08	0.03		0.13	0.11	0.41	0.08	0.04	0.12	0.09	0.07	0.14	-0.19	0.05	-0.43	-0.19	0.07	-0.19	0.15	0.08	0.07	0.03	0.18	0.08	0.14
Total Current Liabilities	0.73	0.99	0.95	0.13		0.86	0.25	0.66	0.87	0.9	0.94	0.82	0.9	0.78	0.98	-0.16	0.58	0.94	0.78	0.99	0.96	0.82	0.94	0.87	0.88	0.68
Total Stockholder Equity	0.75	0.87	0.81	0.11	0.86		0.09	0.87	0.97	0.96	0.81	0.98	0.98	0.81	0.85	-0.13	0.48	0.81	0.81	0.87	0.86	0.82	0.8	0.99	0.75	0.65
Other Liab	0.01	0.18	0.09	0.41	0.25	0.09		0.14	0.05	0.08	0.13	0.12	0.11	-0.12	0.13	-0.73	-0.26	0.09	-0.12	0.26	0.16	-0.01	0.07	0.13	0.03	-0.08
Net Tangible Assets	0.61	0.66	0.5	0.08	0.66	0.87	0.14		0.8	0.73	0.48	0.9	0.81	0.65	0.6	-0.12	0.42	0.48	0.65	0.71	0.6	0.61	0.5	0.84	0.44	0.39
Property Plant And Equipment Net	0.72	0.88	0.86	0.04	0.87	0.97	0.05	0.8		0.98	0.84	0.96	0.98	0.91	0.88	-0.02	0.6	0.85	0.91	0.85	0.85	0.77	0.87	0.97	0.76	0.61
Current Deferred Revenue	0.72	0.91	0.91	0.12	0.9	0.96	0.08	0.73	0.98		0.91	0.94	0.98	0.85	0.92	-0.04	0.57	0.91	0.85	0.89	0.91	0.79	0.91	0.97	0.82	0.65
Net Debt	0.69	0.96	0.99	0.09	0.94	0.81	0.13	0.48	0.84	0.91		0.76	0.86	0.76	0.98	-0.07	0.54	1.0	0.76	0.92	0.98	0.82	0.99	0.84	0.93	0.72
Retained Earnings	0.69	0.84	0.76	0.07	0.82	0.98	0.12	0.9	0.96	0.94	0.76		0.95	0.79	0.82	-0.06	0.53	0.76	0.79	0.84	0.81	0.72	0.77	0.98	0.67	0.52
Accounts Payable	0.73	0.9	0.87	0.14	0.9	0.98	0.11	0.81	0.98	0.98	0.86	0.95		0.87	0.89	-0.13	0.53	0.87	0.87	0.89	0.88	0.82	0.86	0.98	0.81	0.68
Cash	0.66	0.79	0.82	-0.19	0.78	0.81	-0.12	0.65	0.91	0.85	0.76	0.79	0.87		0.8	0.05	0.56	0.78	1.0	0.71	0.75	0.75	0.81	0.81	0.73	0.66
Non Current Assets Total	0.74	0.99	0.99	0.05	0.98	0.85	0.13	0.6	0.88	0.92	0.98	0.82	0.89	0.8		-0.05	0.62	0.98	0.8	0.97	0.99	0.83	0.98	0.87	0.9	0.7
Non Currrent Assets Other	-0.16	-0.09	-0.05	-0.43	-0.16	-0.13	-0.73	-0.12	-0.02	-0.04	-0.07	-0.06	-0.13	0.05	-0.05		0.64	-0.05	0.05	-0.18	-0.14	-0.27	0.02	-0.13	-0.2	-0.34
Other Assets	0.38	0.61	0.57	-0.19	0.58	0.48	-0.26	0.42	0.6	0.57	0.54	0.53	0.53	0.56	0.62	0.64		0.57	0.56	0.55	0.5	0.25	0.63	0.49	0.37	0.08
Long Term Debt	0.7	0.96	0.99	0.07	0.94	0.81	0.09	0.48	0.85	0.91	1.0	0.76	0.87	0.78	0.98	-0.05	0.57		0.78	0.92	0.98	0.82	0.99	0.84	0.93	0.73
Cash And Short Term Investments	0.66	0.79	0.82	-0.19	0.78	0.81	-0.12	0.65	0.91	0.85	0.76	0.79	0.87	1.0	0.8	0.05	0.56	0.78		0.71	0.75	0.75	0.81	0.81	0.73	0.66
Net Receivables	0.74	0.99	0.92	0.15	0.99	0.87	0.26	0.71	0.85	0.89	0.92	0.84	0.89	0.71	0.97	-0.18	0.55	0.92	0.71		0.97	0.83	0.91	0.89	0.86	0.67
Good Will	0.75	0.98	0.97	0.08	0.96	0.86	0.16	0.6	0.85	0.91	0.98	0.81	0.88	0.75	0.99	-0.14	0.5	0.98	0.75	0.97		0.88	0.96	0.88	0.93	0.75
Common Stock Total Equity	0.82	0.84	0.83	0.07	0.82	0.82	-0.01	0.61	0.77	0.79	0.82	0.72	0.82	0.75	0.83	-0.27	0.25	0.82	0.75	0.83	0.88		0.79	0.8	0.85	0.95
Non Current Liabilities Total	0.69	0.96	1.0	0.03	0.94	0.8	0.07	0.5	0.87	0.91	0.99	0.77	0.86	0.81	0.98	0.02	0.63	0.99	0.81	0.91	0.96	0.79		0.83	0.9	0.68
Inventory	0.73	0.88	0.83	0.18	0.87	0.99	0.13	0.84	0.97	0.97	0.84	0.98	0.98	0.81	0.87	-0.13	0.49	0.84	0.81	0.89	0.88	0.8	0.83		0.77	0.64
Other Current Assets	0.67	0.89	0.93	0.08	0.88	0.75	0.03	0.44	0.76	0.82	0.93	0.67	0.81	0.73	0.9	-0.2	0.37	0.93	0.73	0.86	0.93	0.85	0.9	0.77		0.82
Other Stockholder Equity	0.72	0.69	0.73	0.14	0.68	0.65	-0.08	0.39	0.61	0.65	0.72	0.52	0.68	0.66	0.7	-0.34	0.08	0.73	0.66	0.67	0.75	0.95	0.68	0.64	0.82

Click cells to compare fundamentals

GMS Account Relationship Matchups

GMS fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	42.5M	43.3M	43.9M	42.6M	49.0M	44.1M
Total Assets	2.3B	2.5B	3.1B	3.3B	3.8B	2.2B
Short Long Term Debt Total	1.2B	1.1B	1.3B	1.3B	1.5B	991.9M
Other Current Liab	35.0M	50.9M	235.9M	45.1M	51.9M	95.3M
Total Current Liabilities	427.9M	562.5M	689.2M	706.3M	812.2M	413.5M
Total Stockholder Equity	634.0M	822.5M	1.1B	1.3B	1.5B	1.5B
Other Liab	57.1M	57.8M	67.0M	92.8M	83.5M	62.3M
Net Tangible Assets	(281.0M)	(104.7M)	(86.1M)	174.3M	200.4M	210.4M
Property Plant And Equipment Net	420.7M	429.7M	504.0M	585.8M	673.6M	707.3M
Current Deferred Revenue	102.0M	96.4M	109.1M	182.5M	209.8M	220.3M
Net Debt	1.0B	935.2M	1.2B	1.1B	1.3B	903.2M
Retained Earnings	169.0M	274.5M	548.0M	881.0M	1.0B	1.1B
Accounts Payable	213.2M	323.0M	367.3M	377.0M	433.6M	455.2M
Cash	210.9M	167.0M	101.9M	164.7M	189.5M	198.9M
Non Current Assets Total	1.4B	1.4B	1.7B	1.7B	2.0B	1.3B
Non Currrent Assets Other	13.2M	9.0M	8.8M	11.4M	13.1M	10.8M
Other Assets	22.2M	24.7M	26.7M	31.2M	35.9M	19.6M
Long Term Debt	954.0M	932.4M	1.1B	1.0B	1.2B	868.5M
Cash And Short Term Investments	210.9M	167.0M	101.9M	164.7M	189.5M	198.9M
Net Receivables	405.3M	558.7M	750.0M	792.2M	911.1M	477.5M
Good Will	553.1M	576.3M	695.9M	700.8M	805.9M	554.9M
Common Stock Total Equity	404K	426K	431K	428K	471.5K	429.1K
Liabilities And Stockholders Equity	2.3B	2.5B	3.1B	3.3B	3.8B	2.2B
Non Current Liabilities Total	1.2B	1.1B	1.4B	1.3B	1.5B	1.0B
Inventory	299.8M	357.1M	551.0M	575.5M	661.8M	694.9M
Other Current Assets	15.0M	19.5M	20.2M	17.1M	19.6M	12.6M
Other Stockholder Equity	529.7M	542.7M	522.1M	428.5M	492.8M	490.9M
Total Liab	1.7B	1.7B	2.0B	2.0B	2.3B	1.5B
Property Plant And Equipment Gross	420.7M	429.7M	731.2M	850.4M	978.0M	1.0B
Short Long Term Debt	50.2M	46.0M	47.6M	54.0M	48.6M	67.9M
Total Current Assets	931.0M	1.1B	1.4B	1.5B	1.8B	912.7M
Accumulated Other Comprehensive Income	(65.1M)	4.8M	(6.0M)	(35.1M)	(31.6M)	(30.0M)
Short Term Debt	83.2M	79.5M	86.0M	101.7M	117.0M	122.8M
Intangible Assets	361.9M	350.9M	454.7M	399.7M	459.6M	343.5M
Common Stock	404K	426K	431K	428K	471.5K	429.1K
Property Plant Equipment	420.7M	429.7M	504.0M	585.8M	673.6M	707.3M
Long Term Debt Total	1.0B	932.4M	1.1B	1.0B	1.2B	924.6M
Capital Surpluse	529.7M	542.7M	522.1M	428.5M	492.8M	506.6M
Non Current Liabilities Other	78.0M	63.5M	55.2M	48.3M	43.5M	46.5M

GMS Investors Sentiment

The influence of GMS'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 GMS. 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 GMS's public news can be used to forecast risks associated with an investment in GMS. The trend in average sentiment can be used to explain how an investor holding GMS can time the market purely based on public headlines and social activities around GMS Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

GMS'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 GMS'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 GMS's news discussions. The higher the estimated score, the more favorable is the investor's outlook on GMS.

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 GMS 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, GMS's short interest history, or implied volatility extrapolated from GMS options trading.

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When determining whether GMS Inc is a strong investment it is important to analyze GMS'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 GMS's future performance. For an informed investment choice regarding GMS Stock, refer to the following important reports:

How To Invest In GMS

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Is GMS Stock a good investment?

Details

What is GMS's Net Worth?

Details

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GMS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for GMS Stock analysis

When running GMS's price analysis, check to measure GMS'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 GMS is operating at the current time. Most of GMS's value examination focuses on studying past and present price action to predict the probability of GMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GMS's price. Additionally, you may evaluate how the addition of GMS to your portfolios can decrease your overall portfolio volatility.

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Is GMS'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 GMS. If investors know GMS 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 GMS 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

(0.16)

Earnings Share

7.05

Revenue Per Share

132.882

Quarterly Revenue Growth

0.019

Return On Assets

0.0884

The market value of GMS Inc is measured differently than its book value, which is the value of GMS that is recorded on the company's balance sheet. Investors also form their own opinion of GMS's value that differs from its market value or its book value, called intrinsic value, which is GMS'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 GMS's market value can be influenced by many factors that don't directly affect GMS'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 GMS's value and its price as these two are different measures arrived at by different means. Investors typically determine if GMS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GMS'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.

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GMS Operating Income vs Net Income Analysis

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

Correlation Coefficient

Operating Income

Net Income

GMS fundamental ratios Correlations

GMS Account Relationship Matchups

High Positive Relationship

High Negative Relationship

GMS fundamental ratios Accounts

GMS Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for GMS Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.73	Other Liab
Non Currrent Assets Other	- 0.43	Other Current Liab
Other Stockholder Equity	- 0.34	Non Currrent Assets Other
Common Stock Total Equity	- 0.27	Non Currrent Assets Other
Other Assets	- 0.26	Other Liab
Other Current Assets	- 0.2	Non Currrent Assets Other