Unifirst Gross Profit vs Operating Income Analysis

UNF Stock  USD 173.43  1.36  0.79%   
Unifirst financial indicator trend analysis is much more than just breaking down Unifirst prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unifirst is a good investment. Please check the relationship between Unifirst 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 Unifirst. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.

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 Unifirst Gross Profit account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Unifirst's Gross Profit and Operating Income is 0.4. 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 Unifirst, assuming nothing else is changed. The correlation between historical values of Unifirst'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 Unifirst 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., Unifirst's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Unifirst minus its cost of goods sold. It is profit before Unifirst 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 Unifirst 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 Unifirst 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 Unifirst's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unifirst 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 Unifirst. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.At this time, Unifirst's Selling General Administrative is most likely to increase significantly in the upcoming years. The Unifirst's current Tax Provision is estimated to increase to about 38.8 M, while Enterprise Value Multiple is projected to decrease to 5.85.
 2021 2023 2024 (projected)
Interest Expense2.9M3.3M5.2M
Depreciation And Amortization108.8M139.4M146.4M

Unifirst fundamental ratios Correlations

0.370.950.91.00.980.11.0-0.040.980.880.250.98-0.770.950.970.90.960.980.820.92-0.030.970.86-0.76-0.88
0.370.260.530.320.410.320.31-0.140.430.28-0.240.42-0.490.490.440.250.220.540.440.210.570.440.46-0.32-0.46
0.950.260.910.950.960.130.95-0.080.930.760.220.94-0.720.850.940.790.90.930.780.87-0.030.930.79-0.7-0.83
0.90.530.910.890.920.190.88-0.090.90.710.110.9-0.730.790.910.720.810.930.780.780.360.910.79-0.66-0.81
1.00.320.950.890.980.071.0-0.020.970.870.270.97-0.750.940.960.90.970.970.80.93-0.060.960.85-0.75-0.86
0.980.410.960.920.980.110.98-0.040.990.840.110.99-0.810.930.990.870.940.980.880.850.010.970.89-0.74-0.89
0.10.320.130.190.070.110.06-0.980.180.3-0.290.08-0.420.220.130.170.010.220.31-0.070.240.10.36-0.44-0.31
1.00.310.950.881.00.980.06-0.020.970.880.280.97-0.750.940.960.90.970.960.80.93-0.060.960.85-0.76-0.86
-0.04-0.14-0.08-0.09-0.02-0.04-0.98-0.02-0.11-0.270.240.00.35-0.14-0.05-0.140.01-0.13-0.240.1-0.1-0.02-0.30.420.24
0.980.430.930.90.970.990.180.97-0.110.880.040.99-0.850.940.990.890.950.980.920.810.010.970.94-0.77-0.92
0.880.280.760.710.870.840.30.88-0.270.880.130.85-0.830.90.860.940.880.860.790.77-0.10.840.89-0.8-0.87
0.25-0.240.220.110.270.11-0.290.280.240.040.130.070.240.140.060.170.230.13-0.330.6-0.130.1-0.21-0.150.09
0.980.420.940.90.970.990.080.970.00.990.850.07-0.810.930.990.870.950.970.880.83-0.010.990.91-0.72-0.91
-0.77-0.49-0.72-0.73-0.75-0.81-0.42-0.750.35-0.85-0.830.24-0.81-0.81-0.83-0.73-0.75-0.82-0.89-0.53-0.04-0.8-0.910.790.97
0.950.490.850.790.940.930.220.94-0.140.940.90.140.93-0.810.940.90.90.960.820.83-0.120.920.89-0.77-0.88
0.970.440.940.910.960.990.130.96-0.050.990.860.060.99-0.830.940.870.920.980.880.830.010.980.9-0.71-0.91
0.90.250.790.720.90.870.170.9-0.140.890.940.170.87-0.730.90.870.90.870.790.8-0.10.850.85-0.71-0.8
0.960.220.90.810.970.940.010.970.010.950.880.230.95-0.750.90.920.90.910.810.88-0.150.930.87-0.74-0.86
0.980.540.930.930.970.980.220.96-0.130.980.860.130.97-0.820.960.980.870.910.850.860.10.970.89-0.76-0.9
0.820.440.780.780.80.880.310.8-0.240.920.79-0.330.88-0.890.820.880.790.810.850.520.030.850.96-0.66-0.89
0.920.210.870.780.930.85-0.070.930.10.810.770.60.83-0.530.830.830.80.880.860.52-0.080.840.62-0.65-0.68
-0.030.57-0.030.36-0.060.010.24-0.06-0.10.01-0.1-0.13-0.01-0.04-0.120.01-0.1-0.150.10.03-0.080.010.00.010.0
0.970.440.930.910.960.970.10.96-0.020.970.840.10.99-0.80.920.980.850.930.970.850.840.010.89-0.69-0.9
0.860.460.790.790.850.890.360.85-0.30.940.89-0.210.91-0.910.890.90.850.870.890.960.620.00.89-0.76-0.93
-0.76-0.32-0.7-0.66-0.75-0.74-0.44-0.760.42-0.77-0.8-0.15-0.720.79-0.77-0.71-0.71-0.74-0.76-0.66-0.650.01-0.69-0.760.84
-0.88-0.46-0.83-0.81-0.86-0.89-0.31-0.860.24-0.92-0.870.09-0.910.97-0.88-0.91-0.8-0.86-0.9-0.89-0.680.0-0.9-0.930.84
Click cells to compare fundamentals

Unifirst Account Relationship Matchups

Unifirst fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.4B2.4B2.6B3.0B3.1B
Other Current Liab133.5M160.3M148.0M156.8M180.3M189.3M
Total Current Liabilities210.1M254.7M243.7M267.2M307.3M322.7M
Total Stockholder Equity1.7B1.9B1.9B2.0B2.3B2.4B
Property Plant And Equipment Net625.2M659.8M715.2M819.1M942.0M989.1M
Net Debt83.7M86.3M(324.7M)(14.7M)(13.2M)(12.6M)
Retained Earnings1.7B1.8B1.8B1.9B2.2B2.3B
Cash(41.8M)(43.2M)376.4M79.4M91.4M82.5M
Non Current Assets Total1.2B1.3B1.4B1.7B2.0B2.1B
Non Currrent Assets Other93.6M102.7M106.2M116.7M134.2M140.9M
Cash And Short Term Investments474.8M512.9M376.4M89.6M103.0M113.0M
Net Receivables190.9M208.3M249.2M279.1M320.9M337.0M
Common Stock Shares Outstanding19.0M19.0M18.9M18.8M16.9M15.9M
Liabilities And Stockholders Equity2.2B2.4B2.4B2.6B3.0B3.1B
Non Current Liabilities Total247.8M253.4M268.4M298.8M343.6M360.8M
Inventory260.5M325.1M370.9M396.7M456.2M479.0M
Other Current Assets35.9M40.9M41.9M53.9M62.0M44.9M
Other Stockholder Equity86.6M89.3M93.1M99.3M114.2M119.9M
Total Liab457.9M508.1M512.1M566.0M650.9M683.5M
Property Plant And Equipment Gross582.5M659.8M715.2M1.8B2.1B2.2B
Total Current Assets969.3M1.1B1.1B840.1M966.1M1.0B
Accumulated Other Comprehensive Income(32.0M)(24.8M)(24.3M)(23.8M)(27.3M)(28.7M)
Short Term Debt12.6M13.0M13.6M17.7M20.4M10.2M
Accounts Payable64.0M81.4M82.1M92.7M106.6M112.0M
Intangible Assets85.5M84.6M85.0M145.6M167.5M175.8M
Common Stock Total Equity1.9M1.5M1.9M1.9M1.7M1.6M
Common Stock1.9M1.9M1.9M1.9M1.7M1.6M
Good Will424.8M429.5M457.3M647.9M745.1M782.3M
Other Assets94.1M103.3M106.7M117.2M134.8M141.6M
Property Plant Equipment582.5M659.8M715.2M819.1M942.0M490.0M
Other Liab218.5M223.3M230.3M251.8M289.5M177.6M
Net Tangible Assets1.3B1.4B1.4B1.2B1.4B1.1B
Retained Earnings Total Equity1.6B1.7B1.8B1.8B2.1B1.5B
Capital Surpluse86.6M89.3M93.1M99.3M114.2M80.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Unifirst is a strong investment it is important to analyze Unifirst'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 Unifirst's future performance. For an informed investment choice regarding Unifirst Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unifirst. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Unifirst Stock analysis

When running Unifirst's price analysis, check to measure Unifirst'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 Unifirst is operating at the current time. Most of Unifirst's value examination focuses on studying past and present price action to predict the probability of Unifirst's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unifirst's price. Additionally, you may evaluate how the addition of Unifirst to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Transaction History
View history of all your transactions and understand their impact on performance
Is Unifirst'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 Unifirst. If investors know Unifirst 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 Unifirst 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
0.147
Dividend Share
1.28
Earnings Share
5.99
Revenue Per Share
124.742
Quarterly Revenue Growth
0.088
The market value of Unifirst is measured differently than its book value, which is the value of Unifirst that is recorded on the company's balance sheet. Investors also form their own opinion of Unifirst's value that differs from its market value or its book value, called intrinsic value, which is Unifirst'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 Unifirst's market value can be influenced by many factors that don't directly affect Unifirst'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 Unifirst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unifirst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unifirst'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.