Charles Historical Income Statement
| CRL Stock | USD 239.43 0.70 0.29% |
Historical analysis of Charles River income statement accounts such as Interest Expense of 143.5 M, Selling General Administrative of 787.9 M or Total Revenue of 4.3 B can show how well Charles River Laboratories performed in making a profits. Evaluating Charles River income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Charles River's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Charles River Labora 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 Charles River Labora is a good buy for the upcoming year.
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About Charles Income Statement Analysis
Charles River Labora 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 Charles River shareholders. The income statement also shows Charles 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).
Charles River Income Statement Chart
Charles River Laboratories Income Statement is one of the three primary financial statements used for reporting Charles's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Charles River Labora revenue and expense. Charles River Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Charles River's Other Operating Expenses is quite stable compared to the past year. Operating Income is expected to rise to about 648.1 M this year, although the value of Minority Interest is projected to rise to (5.3 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Charles River Labora 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 Charles River Laboratories minus its cost of goods sold. It is profit before Charles River 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 Charles River Labora. It is also known as Charles River 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.Most accounts from Charles River's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Charles River Labora 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Charles River Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Charles River's Other Operating Expenses is quite stable compared to the past year. Operating Income is expected to rise to about 648.1 M this year, although the value of Minority Interest is projected to rise to (5.3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 73.9M | 59.3M | 136.7M | 143.5M | Depreciation And Amortization | 230.3M | 335.2M | 314.1M | 329.8M |
Charles River income statement Correlations
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Charles River Account Relationship Matchups
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Charles River income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 211.9M | 335.7M | 230.3M | 335.2M | 314.1M | 329.8M | |
| Interest Expense | 60.9M | 86.4M | 73.9M | 59.3M | 136.7M | 143.5M | |
| Selling General Administrative | 486.2M | 528.9M | 619.9M | 665.1M | 750.4M | 787.9M | |
| Total Revenue | 2.6B | 2.9B | 3.5B | 4.0B | 4.1B | 4.3B | |
| Gross Profit | 958.3M | 1.1B | 1.3B | 1.5B | 1.5B | 1.6B | |
| Other Operating Expenses | 2.3B | 2.5B | 3.0B | 3.3B | 3.5B | 3.7B | |
| Operating Income | 351.2M | 432.7M | 589.9M | 651.0M | 617.3M | 648.1M | |
| Ebit | 351.2M | 432.7M | 589.9M | 651.0M | 718.0M | 753.9M | |
| Ebitda | 563.1M | 768.5M | 820.2M | 986.1M | 1.0B | 1.1B | |
| Cost Of Revenue | 1.7B | 1.9B | 2.2B | 2.5B | 2.6B | 2.8B | |
| Total Operating Expenses | 607.2M | 640.8M | 744.8M | 811.7M | 885.3M | 929.6M | |
| Income Before Tax | 304.1M | 447.1M | 480.7M | 623.0M | 581.3M | 610.3M | |
| Total Other Income Expense Net | (47.1M) | 14.4M | (109.2M) | (28.0M) | 95.5M | 100.3M | |
| Net Income | 252.0M | 364.3M | 391.0M | 486.2M | 474.6M | 498.4M | |
| Income Tax Expense | 50.0M | 81.8M | 81.9M | 130.4M | 100.9M | 57.3M | |
| Net Income Applicable To Common Shares | 252.0M | 364.3M | 391.0M | 486.2M | 559.2M | 587.1M | |
| Minority Interest | 2.0M | 1.0M | 7.9M | 6.4M | (5.6M) | (5.3M) | |
| Net Income From Continuing Ops | 254.1M | 365.3M | 398.8M | 492.6M | 480.5M | 504.6M | |
| Non Operating Income Net Other | 13.8M | 100.8M | (35.2M) | 31.3M | 36.0M | 37.8M | |
| Tax Provision | 50.0M | 81.8M | 81.9M | 130.4M | 137.0M | 99.9M | |
| Interest Income | 1.5M | 834K | 74.9M | 780K | 3.9M | 3.8M | |
| Net Interest Income | (59.4M) | (85.6M) | (73.3M) | (58.5M) | (134.0M) | (127.3M) | |
| Reconciled Depreciation | 198.1M | 234.9M | 265.5M | 303.9M | 311.2M | 252.5M |
Pair Trading with Charles River
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 Charles River 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 Charles River will appreciate offsetting losses from the drop in the long position's value.Moving against Charles Stock
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The ability to find closely correlated positions to Charles River could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charles River 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 Charles River - 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 Charles River Laboratories to buy it.
The correlation of Charles River 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 Charles River moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charles River Labora 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 Charles River 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Charles River Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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When running Charles River's price analysis, check to measure Charles River'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 Charles River is operating at the current time. Most of Charles River's value examination focuses on studying past and present price action to predict the probability of Charles River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charles River's price. Additionally, you may evaluate how the addition of Charles River to your portfolios can decrease your overall portfolio volatility.
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Is Charles River'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 Charles River. If investors know Charles 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 Charles River 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 (0.01) | Earnings Share 9.22 | Revenue Per Share 80.61 | Quarterly Revenue Growth (0.08) | Return On Assets 0.0519 |
The market value of Charles River Labora is measured differently than its book value, which is the value of Charles that is recorded on the company's balance sheet. Investors also form their own opinion of Charles River's value that differs from its market value or its book value, called intrinsic value, which is Charles River'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 Charles River's market value can be influenced by many factors that don't directly affect Charles River'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 Charles River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Charles River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charles River'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.