RPC Operating Income vs Gross Profit Analysis

RES Stock

USD 7.95 0.01 0.13%

RPC financial indicator trend analysis is much more than just breaking down RPC Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RPC Inc is a good investment. Please check the relationship between RPC Operating Income and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RPC 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 income.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

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

The correlation between RPC's Operating Income and Gross Profit is 0.95. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of RPC Inc, assuming nothing else is changed. The correlation between historical values of RPC's Operating Income and Gross Profit 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 RPC Inc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., RPC's Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from RPC 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 RPC 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of RPC Inc minus its cost of goods sold. It is profit before RPC 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.

Most indicators from RPC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RPC 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in RPC 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 income.

At this time, RPC's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 3.93 in 2024, whereas Selling General Administrative is likely to drop slightly above 131.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	1.9M	614K	341K	324.0K
Depreciation And Amortization	72.5M	83.7M	108.1M	77.5M

Interest Expense Depreciation And Amortization

RPC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Accounts Payable	Common Stock Total Equity	Short Term Debt	Common Stock
Total Assets		0.62	0.83	0.82	0.94	0.82	0.27	0.94	0.07	0.85	0.19	0.07	0.9	-0.22	0.73	0.94	0.29	-0.73	0.8	0.73	0.91	0.46	0.82	0.63	0.53	0.64
Short Long Term Debt Total	0.62		0.73	0.69	0.32	0.67	0.83	0.32	-0.46	0.63	-0.07	-0.46	0.71	0.12	0.94	0.47	0.45	-0.21	0.91	0.28	0.49	0.35	0.73	0.05	0.98	0.08
Other Current Liab	0.83	0.73		0.95	0.66	0.79	0.56	0.67	-0.25	0.8	-0.09	-0.25	0.91	0.2	0.81	0.73	0.25	-0.55	0.9	0.39	0.77	0.28	0.93	0.51	0.72	0.52
Total Current Liabilities	0.82	0.69	0.95		0.67	0.76	0.5	0.68	-0.21	0.78	0.03	-0.21	0.93	0.23	0.76	0.74	0.16	-0.58	0.88	0.34	0.8	0.31	0.98	0.59	0.67	0.59
Total Stockholder Equity	0.94	0.32	0.66	0.67		0.68	-0.05	1.0	0.33	0.72	0.3	0.33	0.77	-0.36	0.45	0.94	0.18	-0.81	0.54	0.76	0.9	0.4	0.66	0.74	0.2	0.75
Property Plant And Equipment Net	0.82	0.67	0.79	0.76	0.68		0.58	0.69	-0.41	0.99	0.15	-0.41	0.69	0.23	0.85	0.85	0.13	-0.48	0.87	0.42	0.55	0.58	0.79	0.55	0.63	0.57
Net Debt	0.27	0.83	0.56	0.5	-0.05	0.58		-0.04	-0.86	0.52	-0.17	-0.86	0.42	0.44	0.82	0.18	0.14	0.1	0.76	-0.13	0.06	0.2	0.54	-0.12	0.9	-0.07
Retained Earnings	0.94	0.32	0.67	0.68	1.0	0.69	-0.04		0.31	0.73	0.31	0.31	0.77	-0.34	0.45	0.94	0.17	-0.83	0.55	0.74	0.9	0.39	0.66	0.76	0.21	0.76
Cash	0.07	-0.46	-0.25	-0.21	0.33	-0.41	-0.86	0.31		-0.34	0.18	1.0	-0.05	-0.65	-0.5	0.04	0.19	-0.33	-0.43	0.49	0.33	-0.18	-0.26	0.19	-0.55	0.14
Non Current Assets Total	0.85	0.63	0.8	0.78	0.72	0.99	0.52	0.73	-0.34		0.22	-0.34	0.7	0.23	0.83	0.87	0.12	-0.54	0.86	0.45	0.59	0.54	0.79	0.63	0.59	0.64
Non Currrent Assets Other	0.19	-0.07	-0.09	0.03	0.3	0.15	-0.17	0.31	0.18	0.22		0.18	0.03	-0.05	-0.04	0.3	-0.12	-0.47	-0.02	0.18	0.14	-0.01	-0.04	0.57	-0.14	0.54
Cash And Short Term Investments	0.07	-0.46	-0.25	-0.21	0.33	-0.41	-0.86	0.31	1.0	-0.34	0.18		-0.05	-0.65	-0.5	0.04	0.19	-0.33	-0.43	0.49	0.33	-0.18	-0.26	0.19	-0.55	0.14
Net Receivables	0.9	0.71	0.91	0.93	0.77	0.69	0.42	0.77	-0.05	0.7	0.03	-0.05		-0.1	0.73	0.78	0.26	-0.63	0.83	0.52	0.92	0.31	0.93	0.51	0.66	0.53
Common Stock Shares Outstanding	-0.22	0.12	0.2	0.23	-0.36	0.23	0.44	-0.34	-0.65	0.23	-0.05	-0.65	-0.1		0.2	-0.16	-0.19	0.23	0.22	-0.58	-0.34	0.05	0.21	0.1	0.22	0.06
Non Current Liabilities Total	0.73	0.94	0.81	0.76	0.45	0.85	0.82	0.45	-0.5	0.83	-0.04	-0.5	0.73	0.2		0.62	0.38	-0.29	0.98	0.39	0.52	0.46	0.79	0.22	0.93	0.23
Inventory	0.94	0.47	0.73	0.74	0.94	0.85	0.18	0.94	0.04	0.87	0.3	0.04	0.78	-0.16	0.62		0.07	-0.74	0.69	0.61	0.81	0.54	0.76	0.74	0.37	0.77
Other Current Assets	0.29	0.45	0.25	0.16	0.18	0.13	0.14	0.17	0.19	0.12	-0.12	0.19	0.26	-0.19	0.38	0.07		-0.16	0.33	0.49	0.32	0.13	0.14	-0.19	0.4	-0.23
Other Stockholder Equity	-0.73	-0.21	-0.55	-0.58	-0.81	-0.48	0.1	-0.83	-0.33	-0.54	-0.47	-0.33	-0.63	0.23	-0.29	-0.74	-0.16		-0.4	-0.47	-0.76	0.0	-0.5	-0.86	-0.1	-0.88
Total Liab	0.8	0.91	0.9	0.88	0.54	0.87	0.76	0.55	-0.43	0.86	-0.02	-0.43	0.83	0.22	0.98	0.69	0.33	-0.4		0.4	0.64	0.44	0.89	0.35	0.9	0.36
Property Plant And Equipment Gross	0.73	0.28	0.39	0.34	0.76	0.42	-0.13	0.74	0.49	0.45	0.18	0.49	0.52	-0.58	0.39	0.61	0.49	-0.47	0.4		0.71	0.27	0.32	0.31	0.21	0.26
Total Current Assets	0.91	0.49	0.77	0.8	0.9	0.55	0.06	0.9	0.33	0.59	0.14	0.33	0.92	-0.34	0.52	0.81	0.32	-0.76	0.64	0.71		0.28	0.78	0.61	0.39	0.6
Intangible Assets	0.46	0.35	0.28	0.31	0.4	0.58	0.2	0.39	-0.18	0.54	-0.01	-0.18	0.31	0.05	0.46	0.54	0.13	0.0	0.44	0.27	0.28		0.47	0.08	0.28	0.1
Accounts Payable	0.82	0.73	0.93	0.98	0.66	0.79	0.54	0.66	-0.26	0.79	-0.04	-0.26	0.93	0.21	0.79	0.76	0.14	-0.5	0.89	0.32	0.78	0.47		0.51	0.7	0.52
Common Stock Total Equity	0.63	0.05	0.51	0.59	0.74	0.55	-0.12	0.76	0.19	0.63	0.57	0.19	0.51	0.1	0.22	0.74	-0.19	-0.86	0.35	0.31	0.61	0.08	0.51		-0.02	0.99
Short Term Debt	0.53	0.98	0.72	0.67	0.2	0.63	0.9	0.21	-0.55	0.59	-0.14	-0.55	0.66	0.22	0.93	0.37	0.4	-0.1	0.9	0.21	0.39	0.28	0.7	-0.02		0.0
Common Stock	0.64	0.08	0.52	0.59	0.75	0.57	-0.07	0.76	0.14	0.64	0.54	0.14	0.53	0.06	0.23	0.77	-0.23	-0.88	0.36	0.26	0.6	0.1	0.52	0.99	0.0

Click cells to compare fundamentals

RPC Account Relationship Matchups

RPC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	790.5M	864.4M	1.1B	1.3B	1.4B
Other Current Liab	37.6M	29.3M	29.9M	52.7M	43.3M	30.7M
Total Current Liabilities	101.4M	79.6M	130.8M	178.6M	151.9M	82.5M
Total Stockholder Equity	830.3M	631.6M	641.8M	857.7M	1.0B	1.1B
Property Plant And Equipment Net	550.6M	291.7M	299.3M	362.0M	460.7M	297.7M
Net Debt	(11.0M)	(54.2M)	(36.1M)	(96.2M)	(196.1M)	(186.3M)
Retained Earnings	832.1M	627.8M	640.9M	856.0M	1.0B	1.1B
Cash	50.0M	84.5M	82.4M	126.4M	223.3M	234.5M
Non Current Assets Total	616.4M	362.1M	372.4M	425.7M	587.5M	333.9M
Non Currrent Assets Other	33.6M	38.3M	40.9M	(5.9M)	35.4M	19.8M
Cash And Short Term Investments	50.0M	84.5M	82.4M	126.4M	223.3M	234.5M
Net Receivables	266.7M	244.7M	317.1M	459.0M	377.2M	396.0M
Common Stock Shares Outstanding	212.2M	212.5M	213.0M	213.3M	212.9M	172.7M
Liabilities And Stockholders Equity	1.1B	790.5M	864.4M	1.1B	1.3B	1.4B
Non Current Liabilities Total	121.5M	79.4M	91.7M	92.7M	140.2M	101.5M
Inventory	100.9M	82.9M	79.0M	97.1M	110.9M	116.4M
Other Current Assets	3.3M	3.1M	3.0M	3.1M	15.7M	16.5M
Other Stockholder Equity	(223K)	(17.7M)	(20.7M)	(19.9M)	(17.9M)	(17.0M)
Total Liab	222.9M	158.9M	222.6M	271.3M	292.0M	184.0M
Property Plant And Equipment Gross	550.6M	291.7M	299.3M	362.0M	1.3B	1.3B
Total Current Assets	436.9M	428.4M	492.0M	703.3M	727.1M	763.4M
Accumulated Other Comprehensive Income	(23.2M)	(17.7M)	(20.7M)	(19.9M)	(2.4M)	(2.5M)
Accounts Payable	53.1M	41.1M	74.4M	115.2M	85.0M	54.1M
Common Stock Total Equity	21.5M	21.4M	21.5M	21.6M	24.8M	14.8M
Short Term Debt	10.6M	9.2M	26.6M	10.7M	7.7M	7.4M
Common Stock	21.4M	21.5M	21.6M	21.7M	21.5M	15.6M
Other Liab	93.1M	58.3M	72.0M	73.2M	84.1M	59.2M
Other Assets	33.6M	164.8M	197.9M	31.6M	36.3M	36.6M
Property Plant Equipment	516.7M	264.4M	299.3M	362.0M	416.3M	444.0M
Net Tangible Assets	798.2M	599.4M	609.6M	825.6M	743.0M	653.5M
Retained Earnings Total Equity	947.7M	832.1M	627.8M	640.9M	737.1M	735.9M
Deferred Long Term Liab	37.3M	13.3M	200K	300K	270K	256.5K
Non Current Liabilities Other	84.2M	66.0M	7.1M	5.4M	7.8M	7.4M
Cash And Equivalents	50.0M	84.5M	82.4M	126.4M	113.8M	78.0M
Net Invested Capital	830.3M	631.6M	641.8M	857.7M	1.0B	668.1M

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

How To Invest In RPC

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Is RPC Stock a good investment?

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What is RPC's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RPC 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 income.

Note that the RPC Inc information on this page should be used as a complementary analysis to other RPC's 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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

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Is RPC'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 RPC. If investors know RPC 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 RPC 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

(0.53)

Dividend Share

0.16

Earnings Share

0.9

Revenue Per Share

7.596

Quarterly Revenue Growth

(0.18)

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

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Operating Income

Gross Profit

RPC fundamental ratios Correlations

RPC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RPC fundamental ratios Accounts

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Complementary Tools for RPC Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Common Stock	+ 0.99	Common Stock Total Equity
Short Term Debt	+ 0.98	Short Long Term Debt Total
Accounts Payable	+ 0.98	Total Current Liabilities

Common Stock	- 0.88	Other Stockholder Equity
Common Stock Total Equity	- 0.86	Other Stockholder Equity
Cash And Short Term Investments	- 0.86	Net Debt
Cash	- 0.86	Net Debt
Other Stockholder Equity	- 0.83	Retained Earnings
Other Stockholder Equity	- 0.81	Total Stockholder Equity