Chubb Historical Income Statement
CB Stock | USD 245.96 2.95 1.21% |
Historical analysis of Chubb income statement accounts such as Selling General Administrative of 4.2 B or Total Revenue of 52.5 B can show how well Chubb performed in making a profits. Evaluating Chubb income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Chubb's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Chubb 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 Chubb is a good buy for the upcoming year.
Chubb |
About Chubb Income Statement Analysis
Chubb 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 Chubb shareholders. The income statement also shows Chubb 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).
Chubb Income Statement Chart
Chubb Income Statement is one of the three primary financial statements used for reporting Chubb's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Chubb revenue and expense. Chubb Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Chubb's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 4.2 B, whereas EBIT is projected to grow to (208.1 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Chubb 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 Chubb minus its cost of goods sold. It is profit before Chubb 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 Chubb. It is also known as Chubb 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 Chubb's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Chubb 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 Chubb. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Chubb Stock refer to our How to Trade Chubb Stock guide.At present, Chubb's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 4.2 B, whereas EBIT is projected to grow to (208.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 41.0B | 43.1B | 50.5B | 53.0B | Total Revenue | 41.0B | 43.1B | 50.0B | 52.5B |
Chubb income statement Correlations
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Chubb Account Relationship Matchups
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Chubb income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 552M | 516M | 492M | 570M | 672M | 705.6M | |
Selling General Administrative | 3.0B | 3.0B | 3.1B | 3.4B | 4.0B | 4.2B | |
Total Revenue | 34.2B | 36.0B | 41.0B | 43.1B | 50.0B | 52.5B | |
Gross Profit | 34.2B | 36.0B | 41.0B | 43.1B | 50.5B | 53.0B | |
Other Operating Expenses | 29.0B | 31.8B | 31.1B | 36.6B | 40.6B | 42.6B | |
Operating Income | 5.2B | 4.2B | 9.8B | 7.1B | 9.4B | 9.9B | |
Ebit | 5.2B | 4.2B | 9.8B | 7.1B | (219M) | (208.1M) | |
Ebitda | 5.6B | 4.5B | 10.1B | 7.4B | 91M | 86.5M | |
Total Operating Expenses | (29.0B) | (31.8B) | (31.1B) | (36.0B) | 12.9B | 13.5B | |
Income Before Tax | 5.2B | 4.2B | 9.8B | 6.6B | 9.5B | 10.0B | |
Total Other Income Expense Net | 5.2B | 4.2B | 9.8B | (570M) | 9.5B | 10.0B | |
Net Income | 4.5B | 3.5B | 8.5B | 5.2B | 9.0B | 9.5B | |
Income Tax Expense | 795M | 629M | 1.3B | 1.3B | 511M | 447.0M | |
Depreciation And Amortization | 305M | 290M | 287M | 285M | 310M | 325.5M | |
Cost Of Revenue | 24.8B | 38M | 25.5B | (505M) | (454.5M) | (431.8M) | |
Net Income Applicable To Common Shares | 4.5B | 3.5B | 8.5B | 5.3B | 6.1B | 3.2B | |
Net Income From Continuing Ops | 4.5B | 3.5B | 8.5B | 5.3B | 7.1B | 4.9B | |
Non Operating Income Net Other | (2.3B) | 3.7B | 2.3B | (2.9B) | (2.6B) | (2.5B) | |
Tax Provision | 795M | 629M | 1.3B | 1.3B | 1.5B | 895.4M | |
Interest Income | 25M | 516M | 492M | 570M | 67M | 63.7M | |
Net Interest Income | (552M) | (516M) | (492M) | (570M) | (653M) | (685.7M) | |
Reconciled Depreciation | 305M | 290M | 287M | 285M | 300M | 236.1M |
Pair Trading with Chubb
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 Chubb 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 Chubb will appreciate offsetting losses from the drop in the long position's value.Moving together with Chubb Stock
0.8 | L | Loews Corp Earnings Call This Week | PairCorr |
Moving against Chubb Stock
0.72 | PRA | ProAssurance Financial Report 14th of May 2024 | PairCorr |
0.65 | FACO | First Acceptance Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Chubb could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chubb 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 Chubb - 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 Chubb to buy it.
The correlation of Chubb 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 Chubb moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chubb 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 Chubb 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 Chubb. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Chubb Stock refer to our How to Trade Chubb Stock guide.Note that the Chubb information on this page should be used as a complementary analysis to other Chubb'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Chubb Stock analysis
When running Chubb's price analysis, check to measure Chubb'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 Chubb is operating at the current time. Most of Chubb's value examination focuses on studying past and present price action to predict the probability of Chubb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chubb's price. Additionally, you may evaluate how the addition of Chubb to your portfolios can decrease your overall portfolio volatility.
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Is Chubb'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 Chubb. If investors know Chubb 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 Chubb 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 0.17 | Dividend Share 2.58 | Earnings Share 22.5 | Revenue Per Share 127.155 | Quarterly Revenue Growth 0.183 |
The market value of Chubb is measured differently than its book value, which is the value of Chubb that is recorded on the company's balance sheet. Investors also form their own opinion of Chubb's value that differs from its market value or its book value, called intrinsic value, which is Chubb'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 Chubb's market value can be influenced by many factors that don't directly affect Chubb'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 Chubb's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chubb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chubb'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.