Saia Gross Profit vs Operating Income Analysis

SAIA Stock

USD 517.51 5.02 0.96%

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

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

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

The correlation between Saia's Gross Profit and Operating Income is 0.44. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Saia Inc, assuming nothing else is changed. The correlation between historical values of Saia's Gross Profit and Operating 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 Gross Profit of Saia Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Saia's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Gross Profit

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

Operating Income

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

Most indicators from Saia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saia 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Saia 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 gross domestic product.

At present, Saia's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 18.88, whereas Selling General Administrative is forecasted to decline to about 64.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	451.7M	591.0M	461.4M	369.1M
Total Revenue	2.3B	2.8B	2.9B	3.0B

Gross Profit Total Revenue

Saia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Liab	Total Current Liabilities	Other Liab	Accounts Payable	Long Term Debt	Good Will	Other Current Assets	Intangible Assets	Property Plant Equipment	Current Deferred Revenue
Total Assets		0.56	1.0	1.0	-0.65	0.91	1.0	0.58	0.05	0.91	0.71	0.8	-0.33	0.8	0.99	0.97	0.97	0.77	0.96	0.98	-0.59	-0.2	-0.11	-0.35	0.99	0.98
Short Long Term Debt Total	0.56		0.51	0.62	0.22	0.25	0.6	0.02	0.18	0.25	0.51	0.82	-0.53	0.78	0.49	0.39	0.48	0.7	0.62	0.56	0.06	0.03	-0.55	-0.05	0.63	0.56
Total Stockholder Equity	1.0	0.51		0.99	-0.7	0.94	0.99	0.57	0.07	0.94	0.68	0.76	-0.32	0.76	0.99	0.98	0.98	0.74	0.95	0.97	-0.6	-0.18	-0.08	-0.33	0.98	0.98
Property Plant And Equipment Net	1.0	0.62	0.99		-0.58	0.87	1.0	0.55	0.04	0.87	0.74	0.83	-0.34	0.83	0.97	0.95	0.96	0.8	0.97	0.98	-0.56	-0.21	-0.16	-0.36	1.0	0.98
Net Debt	-0.65	0.22	-0.7	-0.58		-0.88	-0.6	-0.56	-0.09	-0.88	-0.19	-0.18	0.11	-0.2	-0.72	-0.78	-0.73	-0.22	-0.51	-0.62	0.61	0.06	-0.33	0.17	-0.57	-0.61
Cash	0.91	0.25	0.94	0.87	-0.88		0.88	0.58	0.17	1.0	0.43	0.55	-0.35	0.55	0.95	0.96	0.95	0.53	0.8	0.88	-0.57	-0.04	0.08	-0.19	0.87	0.88
Non Current Assets Total	1.0	0.6	0.99	1.0	-0.6	0.88		0.57	0.04	0.88	0.74	0.82	-0.33	0.82	0.98	0.96	0.96	0.79	0.97	0.98	-0.57	-0.21	-0.14	-0.36	0.99	0.98
Non Currrent Assets Other	0.58	0.02	0.57	0.55	-0.56	0.58	0.57		-0.41	0.58	0.52	0.33	0.25	0.32	0.54	0.62	0.47	0.29	0.54	0.63	-0.56	-0.47	0.41	-0.55	0.51	0.55
Other Assets	0.05	0.18	0.07	0.04	-0.09	0.17	0.04	-0.41		0.17	-0.5	-0.03	-0.73	-0.02	0.12	-0.01	0.18	0.02	-0.01	0.07	0.43	0.88	-0.24	0.83	0.11	0.06
Cash And Short Term Investments	0.91	0.25	0.94	0.87	-0.88	1.0	0.88	0.58	0.17		0.43	0.55	-0.35	0.55	0.95	0.96	0.95	0.53	0.8	0.88	-0.57	-0.04	0.08	-0.19	0.87	0.88
Common Stock Shares Outstanding	0.71	0.51	0.68	0.74	-0.19	0.43	0.74	0.52	-0.5	0.43		0.78	0.14	0.8	0.64	0.67	0.57	0.78	0.78	0.7	-0.64	-0.7	-0.08	-0.76	0.72	0.74
Non Current Liabilities Total	0.8	0.82	0.76	0.83	-0.18	0.55	0.82	0.33	-0.03	0.55	0.78		-0.41	0.98	0.74	0.7	0.72	0.93	0.82	0.78	-0.36	-0.27	-0.31	-0.36	0.82	0.79
Other Stockholder Equity	-0.33	-0.53	-0.32	-0.34	0.11	-0.35	-0.33	0.25	-0.73	-0.35	0.14	-0.41		-0.4	-0.37	-0.27	-0.42	-0.4	-0.26	-0.32	-0.06	-0.49	0.43	-0.41	-0.37	-0.32
Total Liab	0.8	0.78	0.76	0.83	-0.2	0.55	0.82	0.32	-0.02	0.55	0.8	0.98	-0.4		0.75	0.71	0.72	0.98	0.83	0.79	-0.43	-0.31	-0.35	-0.4	0.83	0.81
Property Plant And Equipment Gross	0.99	0.49	0.99	0.97	-0.72	0.95	0.98	0.54	0.12	0.95	0.64	0.74	-0.37	0.75		0.98	0.98	0.74	0.93	0.97	-0.6	-0.15	-0.1	-0.3	0.98	0.98
Total Current Assets	0.97	0.39	0.98	0.95	-0.78	0.96	0.96	0.62	-0.01	0.96	0.67	0.7	-0.27	0.71	0.98		0.97	0.69	0.9	0.95	-0.68	-0.27	0.0	-0.41	0.94	0.96
Other Current Liab	0.97	0.48	0.98	0.96	-0.73	0.95	0.96	0.47	0.18	0.95	0.57	0.72	-0.42	0.72	0.98	0.97		0.69	0.9	0.94	-0.55	-0.07	-0.1	-0.22	0.96	0.95
Total Current Liabilities	0.77	0.7	0.74	0.8	-0.22	0.53	0.79	0.29	0.02	0.53	0.78	0.93	-0.4	0.98	0.74	0.69	0.69		0.8	0.78	-0.49	-0.32	-0.39	-0.4	0.81	0.81
Other Liab	0.96	0.62	0.95	0.97	-0.51	0.8	0.97	0.54	-0.01	0.8	0.78	0.82	-0.26	0.83	0.93	0.9	0.9	0.8		0.94	-0.55	-0.23	-0.22	-0.35	0.97	0.94
Accounts Payable	0.98	0.56	0.97	0.98	-0.62	0.88	0.98	0.63	0.07	0.88	0.7	0.78	-0.32	0.79	0.97	0.95	0.94	0.78	0.94		-0.56	-0.19	-0.09	-0.34	0.98	0.98
Long Term Debt	-0.59	0.06	-0.6	-0.56	0.61	-0.57	-0.57	-0.56	0.43	-0.57	-0.64	-0.36	-0.06	-0.43	-0.6	-0.68	-0.55	-0.49	-0.55	-0.56		0.71	-0.04	0.78	-0.52	-0.59
Good Will	-0.2	0.03	-0.18	-0.21	0.06	-0.04	-0.21	-0.47	0.88	-0.04	-0.7	-0.27	-0.49	-0.31	-0.15	-0.27	-0.07	-0.32	-0.23	-0.19	0.71		-0.07	0.98	-0.15	-0.22
Other Current Assets	-0.11	-0.55	-0.08	-0.16	-0.33	0.08	-0.14	0.41	-0.24	0.08	-0.08	-0.31	0.43	-0.35	-0.1	0.0	-0.1	-0.39	-0.22	-0.09	-0.04	-0.07		-0.08	-0.18	-0.1
Intangible Assets	-0.35	-0.05	-0.33	-0.36	0.17	-0.19	-0.36	-0.55	0.83	-0.19	-0.76	-0.36	-0.41	-0.4	-0.3	-0.41	-0.22	-0.4	-0.35	-0.34	0.78	0.98	-0.08		-0.3	-0.37
Property Plant Equipment	0.99	0.63	0.98	1.0	-0.57	0.87	0.99	0.51	0.11	0.87	0.72	0.82	-0.37	0.83	0.98	0.94	0.96	0.81	0.97	0.98	-0.52	-0.15	-0.18	-0.3		0.99
Current Deferred Revenue	0.98	0.56	0.98	0.98	-0.61	0.88	0.98	0.55	0.06	0.88	0.74	0.79	-0.32	0.81	0.98	0.96	0.95	0.81	0.94	0.98	-0.59	-0.22	-0.1	-0.37	0.99

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Saia Account Relationship Matchups

Saia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.5B	1.8B	2.2B	2.7B	2.8B
Short Long Term Debt Total	241.7M	186.5M	160.4M	154.5M	138.7M	130.0M
Total Stockholder Equity	815.2M	961.3M	1.2B	1.6B	1.9B	2.0B
Property Plant And Equipment Net	1.2B	1.2B	1.4B	1.6B	1.9B	2.0B
Net Debt	241.4M	161.2M	53.8M	(32.9M)	(157.5M)	(149.6M)
Cash	248K	25.3M	106.6M	187.4M	296.2M	311.0M
Non Current Assets Total	1.2B	1.3B	1.4B	1.6B	2.0B	2.1B
Non Currrent Assets Other	7.6M	7.0M	21.6M	(123.2M)	208.7M	219.1M
Other Assets	5.3M	27.3M	40.8M	22.6M	20.3M	21.5M
Cash And Short Term Investments	248K	25.3M	106.6M	187.4M	296.2M	311.0M
Common Stock Shares Outstanding	26.4M	26.6M	26.7M	26.7M	26.8M	26.3M
Liabilities And Stockholders Equity	1.4B	1.5B	1.8B	2.2B	2.7B	2.8B
Non Current Liabilities Total	359.2M	311.7M	303.6M	321.3M	396.1M	230.4M
Other Stockholder Equity	257M	264.7M	270.5M	272.1M	279.4M	491.3M
Total Liab	600.5M	587.5M	624.9M	595.4M	718.1M	402.9M
Property Plant And Equipment Gross	1.2B	1.2B	2.1B	2.5B	3.0B	3.2B
Total Current Assets	232.4M	271.7M	416.3M	530.9M	648.7M	681.1M
Other Current Liab	69.5M	90.2M	93.3M	134.8M	144.2M	151.5M
Total Current Liabilities	241.2M	275.8M	321.3M	274.1M	322.1M	175.1M
Other Liab	156.0M	166.0M	184.2M	206.2M	237.1M	249.0M
Accounts Payable	83.6M	89.4M	114.0M	99.8M	141.9M	149.0M
Long Term Debt	117.0M	50.4M	31.0M	16.5M	14.8M	14.1M
Other Current Assets	9.2M	9.9M	12.6M	7.2M	39.7M	41.7M
Intangible Assets	9.4M	8.2M	7.1M	6.0M	5.2M	4.9M
Property Plant Equipment	1.1B	1.1B	1.4B	1.5B	1.7B	1.8B
Current Deferred Revenue	48.1M	49.7M	55.4M	73.1M	84.1M	88.3M
Net Receivables	196.1M	216.9M	276.8M	290.3M	312.7M	160.6M
Accumulated Other Comprehensive Income	(628.3M)	(686.6M)	(765.2M)	(5.7M)	(5.1M)	(5.4M)
Short Term Debt	38.4M	40.8M	41.0M	39.4M	35.9M	23.5M
Retained Earnings	558.2M	696.5M	949.8M	1.3B	1.7B	1.7B
Net Tangible Assets	793.7M	941.0M	1.2B	1.6B	1.8B	1.9B
Retained Earnings Total Equity	558.2M	696.5M	949.8M	1.3B	1.5B	1.6B
Capital Surpluse	260.9M	267.7M	274.6M	277.4M	319.0M	265.7M
Non Current Liabilities Other	359.2M	311.7M	303.6M	60.4M	61.4M	58.3M

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When determining whether Saia Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Saia'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 Saia Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Saia Inc Stock:

How To Invest In Saia

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Is Saia Stock a good investment?

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What is Saia's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saia 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 gross domestic product.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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

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Is Saia'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 Saia. If investors know Saia 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 Saia 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

0.255

Earnings Share

13.27

Revenue Per Share

108.194

Quarterly Revenue Growth

0.146

Return On Assets

0.1212

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

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

Correlation Coefficient

Gross Profit

Operating Income

Saia fundamental ratios Correlations

Saia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Saia fundamental ratios Accounts

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Complementary Tools for Saia Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Cash And Short Term Investments	- 0.88	Net Debt
Cash	- 0.88	Net Debt
Total Current Assets	- 0.78	Net Debt
Intangible Assets	- 0.76	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.73	Other Assets
Other Current Liab	- 0.73	Net Debt