BGC Historical Income Statement
| BGC Stock | 8.30 0.10 1.22% |
Historical analysis of BGC income statement accounts such as Interest Expense of 62 M, Selling General Administrative of 560.9 M or Total Revenue of 1.9 B can show how well BGC Group performed in making a profits. Evaluating BGC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of BGC's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining BGC Group 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 BGC Group is a good buy for the upcoming year.
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About BGC Income Statement Analysis
BGC Group 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 BGC shareholders. The income statement also shows BGC 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).
BGC Income Statement Chart
BGC Group Income Statement is one of the three primary financial statements used for reporting BGC's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BGC Group revenue and expense. BGC Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, BGC's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 1.9 B, whereas Interest Expense is forecasted to decline to about 62 M. Add Fundamental
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts BGC Group 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BGC Group. It is also known as BGC 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.Cost Of Revenue
Cost of Revenue is found on BGC Group income statement and represents the costs associated with goods and services BGC provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from BGC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into BGC Group 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 BGC Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At present, BGC's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 1.9 B, whereas Interest Expense is forecasted to decline to about 62 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 667.9M | 634.6M | 754.5M | 536.4M | Cost Of Revenue | 1.4B | 937.1M | 1.1B | 1.0B |
BGC income statement Correlations
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BGC Account Relationship Matchups
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BGC income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 79.5M | 84.1M | 81.9M | 75.1M | 80.4M | 84.4M | |
| Interest Expense | 59.1M | 76.6M | 69.3M | 57.9M | 77.2M | 62.0M | |
| Selling General Administrative | 562.6M | 567.9M | 629.9M | 585.4M | 692.7M | 560.9M | |
| Total Revenue | 2.1B | 2.1B | 2.0B | 1.8B | 2.0B | 1.9B | |
| Gross Profit | 893.3M | 842.5M | 655.3M | 858.2M | 893.2M | 937.9M | |
| Other Operating Expenses | 1.9B | 1.8B | 2.0B | 1.6B | 1.8B | 1.9B | |
| Operating Income | 99.3M | 70.0M | (149.0M) | 81.4M | 134.9M | 90.0M | |
| Ebit | 99.3M | 70.0M | (149.0M) | 81.4M | 134.9M | 141.7M | |
| Ebitda | 178.8M | 154.1M | (67.1M) | 156.4M | 215.4M | 226.1M | |
| Total Operating Expenses | 644.2M | 606.1M | 667.9M | 634.6M | 754.5M | 536.4M | |
| Income Before Tax | 138.1M | 77.9M | 176.5M | 97.5M | 57.7M | 60.6M | |
| Total Other Income Expense Net | 38.8M | 7.9M | 325.5M | 16.1M | (49.1M) | (51.6M) | |
| Net Income | 84.9M | 45.1M | 124.0M | 48.7M | 36.3M | 38.1M | |
| Income Tax Expense | 53.2M | 21.3M | 23.0M | 38.6M | 18.9M | 19.5M | |
| Selling And Marketing Expenses | 81.6M | 38.2M | 38.0M | 49.2M | 61.9M | 65.0M | |
| Research Development | 31M | 33.1M | 34.9M | 37.1M | 43.3M | 27.7M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BGC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BGC's short interest history, or implied volatility extrapolated from BGC options trading.
Pair Trading with BGC
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 BGC 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 BGC will appreciate offsetting losses from the drop in the long position's value.Moving against BGC Stock
| 0.65 | PX | P10 Inc Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to BGC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BGC 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 BGC - 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 BGC Group to buy it.
The correlation of BGC 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 BGC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BGC Group 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 BGC 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 BGC Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the BGC Group information on this page should be used as a complementary analysis to other BGC'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for BGC Stock analysis
When running BGC's price analysis, check to measure BGC'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 BGC is operating at the current time. Most of BGC's value examination focuses on studying past and present price action to predict the probability of BGC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BGC's price. Additionally, you may evaluate how the addition of BGC to your portfolios can decrease your overall portfolio volatility.
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Is BGC'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 BGC. If investors know BGC 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 BGC 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 6.053 | Dividend Share 0.04 | Earnings Share 0.07 | Revenue Per Share 4.568 | Quarterly Revenue Growth 0.176 |
The market value of BGC Group is measured differently than its book value, which is the value of BGC that is recorded on the company's balance sheet. Investors also form their own opinion of BGC's value that differs from its market value or its book value, called intrinsic value, which is BGC'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 BGC's market value can be influenced by many factors that don't directly affect BGC'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 BGC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BGC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BGC'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.