Concentrix Historical Income Statement

CNXC Stock  USD 62.00  1.12  1.84%   
Historical analysis of Concentrix income statement accounts such as Depreciation And Amortization of 852.3 M, Interest Expense of 388.6 M or Selling General Administrative of 1.7 B can show how well Concentrix performed in making a profits. Evaluating Concentrix income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Concentrix's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Concentrix 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 Concentrix is a good buy for the upcoming year.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concentrix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide.

About Concentrix Income Statement Analysis

Concentrix 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 Concentrix shareholders. The income statement also shows Concentrix 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).

Concentrix Income Statement Chart

At present, Concentrix's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 388.6 M, whereas Net Interest Income is projected to grow to (275.2 M).

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts Concentrix 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 Concentrix minus its cost of goods sold. It is profit before Concentrix 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 accounts from Concentrix's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Concentrix 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 Concentrix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide.At present, Concentrix's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 388.6 M, whereas Net Interest Income is projected to grow to (275.2 M).
 2022 2023 2024 2025 (projected)
Interest Expense201.0M321.8M370.1M388.6M
Depreciation And Amortization388.3M705.8M811.7M852.3M

Concentrix income statement Correlations

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0.35-0.950.980.880.860.870.870.750.560.750.840.860.881.00.52-0.90.560.350.77
0.21-0.980.980.850.820.830.830.690.460.690.770.820.850.980.4-0.960.460.210.79
0.41-0.890.880.850.990.991.00.880.670.880.970.991.00.880.62-0.850.670.410.86
0.5-0.860.860.820.991.01.00.930.750.930.981.00.990.860.7-0.830.750.50.88
0.49-0.870.870.830.991.01.00.920.740.930.971.00.990.870.7-0.840.740.490.88
0.48-0.870.870.831.01.01.00.910.730.920.981.01.00.870.68-0.840.730.480.87
0.73-0.730.750.690.880.930.920.910.931.00.90.930.880.750.9-0.70.930.730.86
0.84-0.480.560.460.670.750.740.730.930.930.770.760.670.560.99-0.441.00.840.71
0.73-0.730.750.690.880.930.930.921.00.930.910.930.880.750.9-0.70.930.730.87
0.53-0.80.840.770.970.980.970.980.90.770.910.980.970.840.73-0.730.770.530.83
0.51-0.860.860.820.991.01.01.00.930.760.930.980.990.860.71-0.830.760.510.88
0.41-0.890.880.851.00.990.991.00.880.670.880.970.990.880.62-0.850.670.410.86
0.35-0.951.00.980.880.860.870.870.750.560.750.840.860.880.52-0.90.560.350.77
0.92-0.420.520.40.620.70.70.680.90.990.90.730.710.620.52-0.380.990.920.64
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0.84-0.480.560.460.670.750.740.730.931.00.930.770.760.670.560.99-0.440.840.71
1.0-0.210.350.210.410.50.490.480.730.840.730.530.510.410.350.92-0.170.840.4
0.4-0.830.770.790.860.880.880.870.860.710.870.830.880.860.770.64-0.810.710.4
Click cells to compare fundamentals

Concentrix Account Relationship Matchups

Concentrix income statement Accounts

202020212022202320242025 (projected)
Tax Provision150.1M169.4M94.4M48.1M55.3M100.5M
Net Interest Income(23.0M)(70.1M)(201.0M)(321.8M)(289.6M)(275.2M)
Depreciation And Amortization277.2M309.5M388.3M705.8M811.7M852.3M
Interest Expense23.0M70.1M201.0M321.8M370.1M388.6M
Selling General Administrative1.4B1.6B1.9B2.9B3.3B1.7B
Total Revenue5.6B6.3B7.1B9.6B11.1B5.8B
Gross Profit2.0B2.3B2.6B3.4B4.0B2.1B
Other Operating Expenses5.0B5.7B6.5B9.0B10.4B5.4B
Operating Income572.4M640.2M661.3M596.4M685.8M458.3M
Net Income From Continuing Ops405.6M435.6M313.8M251.2M288.9M248.7M
Ebit578.7M675.1M661.3M621.1M714.3M468.9M
Ebitda855.9M984.6M661.3M1.3B1.5B765.9M
Cost Of Revenue3.6B4.1B4.5B6.2B7.1B3.7B
Total Operating Expenses1.4B1.6B1.9B2.9B3.3B1.7B
Reconciled Depreciation277.2M309.5M388.3M705.8M811.7M852.3M
Income Before Tax555.7M605.0M408.2M299.3M344.2M349.2M
Total Other Income Expense Net(16.7M)(35.2M)(253.1M)(297.1M)(267.4M)(254.0M)
Net Income Applicable To Common Shares117.2M164.8M405.6M435.0M500.3M525.3M
Net Income405.6M435.0M313.8M251.2M288.9M248.6M
Income Tax Expense150.1M169.4M94.4M48.1M55.3M100.5M

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When determining whether Concentrix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Concentrix'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 Concentrix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Concentrix Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concentrix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Data Processing & Outsourced Services space 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 Concentrix. If investors know Concentrix 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 Concentrix 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
(0.36)
Dividend Share
1.301
Earnings Share
3.65
Revenue Per Share
150.179
Quarterly Revenue Growth
0.015
The market value of Concentrix is measured differently than its book value, which is the value of Concentrix that is recorded on the company's balance sheet. Investors also form their own opinion of Concentrix's value that differs from its market value or its book value, called intrinsic value, which is Concentrix'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 Concentrix's market value can be influenced by many factors that don't directly affect Concentrix'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 Concentrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concentrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concentrix'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.