Newell Income Before Tax vs Operating Income Analysis

NWL Stock

USD 7.79 0.85 12.25%

Newell Brands financial indicator trend analysis is infinitely more than just investigating Newell Brands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Newell Brands is a good investment. Please check the relationship between Newell Brands Income Before Tax and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newell Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.

For more information on how to buy Newell Stock please use our How to buy in Newell Stock guide.

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Newell Brands Income Before Tax account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Newell Brands' Income Before Tax and Operating Income is 0.94. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Operating Income in the same time period over historical financial statements of Newell Brands, assuming nothing else is changed. The correlation between historical values of Newell Brands' Income Before Tax 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 Income Before Tax of Newell Brands 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 Income Before Tax i.e., Newell Brands' Income Before Tax and Operating Income go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Newell Brands income statement and is an important metric when analyzing Newell Brands profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Operating Income

Operating Income is the amount of profit realized from Newell Brands 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 Newell Brands 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 Newell Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Newell Brands 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newell Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.

For more information on how to buy Newell Stock please use our How to buy in Newell Stock guide.Enterprise Value is expected to rise to about 10.4 B this year, although the value of Selling General Administrative will most likely fall to about 1.7 B.

	2021	2022	2023	2024 (projected)
Gross Profit	3.3B	2.8B	2.4B	2.0B
Total Revenue	10.6B	9.5B	8.1B	6.1B

Gross Profit Total Revenue

Newell Brands fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.98	0.26	0.9	0.97	0.68	0.98	0.16	0.62	0.99	0.32	0.62	0.95	0.76	0.99	0.85	0.45	0.82	0.99	0.88	0.66	0.98	0.84	0.22	0.82	0.86
Short Long Term Debt Total	0.98		0.29	0.94	0.92	0.76	1.0	0.01	0.68	0.96	0.39	0.68	0.94	0.82	0.99	0.9	0.48	0.87	1.0	0.91	0.67	0.94	0.86	0.28	0.88	0.91
Other Current Liab	0.26	0.29		0.48	0.25	0.73	0.28	-0.45	0.37	0.26	0.65	0.37	0.28	0.6	0.2	0.58	-0.24	0.57	0.26	0.21	0.18	0.17	0.57	0.67	0.58	0.56
Total Current Liabilities	0.9	0.94	0.48		0.82	0.86	0.93	-0.13	0.79	0.87	0.49	0.79	0.92	0.94	0.9	0.94	0.42	0.88	0.93	0.9	0.63	0.8	0.95	0.33	0.89	0.92
Total Stockholder Equity	0.97	0.92	0.25	0.82		0.58	0.93	0.3	0.51	0.98	0.23	0.51	0.92	0.67	0.94	0.78	0.36	0.75	0.93	0.79	0.64	0.99	0.77	0.17	0.73	0.78
Property Plant And Equipment Net	0.68	0.76	0.73	0.86	0.58		0.75	-0.43	0.66	0.66	0.67	0.66	0.65	0.85	0.67	0.91	0.07	0.86	0.72	0.62	0.46	0.56	0.88	0.59	0.91	0.9
Net Debt	0.98	1.0	0.28	0.93	0.93	0.75		0.03	0.64	0.97	0.4	0.64	0.94	0.81	0.99	0.89	0.48	0.87	0.99	0.9	0.67	0.94	0.85	0.28	0.87	0.91
Retained Earnings	0.16	0.01	-0.45	-0.13	0.3	-0.43	0.03		-0.28	0.22	-0.48	-0.28	0.18	-0.25	0.11	-0.2	-0.13	-0.4	0.06	-0.11	0.23	0.26	-0.16	-0.56	-0.37	-0.33
Cash	0.62	0.68	0.37	0.79	0.51	0.66	0.64	-0.28		0.57	0.26	1.0	0.67	0.71	0.63	0.65	0.34	0.68	0.67	0.71	0.43	0.52	0.8	0.19	0.66	0.7
Non Current Assets Total	0.99	0.96	0.26	0.87	0.98	0.66	0.97	0.22	0.57		0.31	0.57	0.93	0.71	0.98	0.83	0.35	0.79	0.97	0.81	0.66	0.99	0.81	0.23	0.79	0.83
Non Currrent Assets Other	0.32	0.39	0.65	0.49	0.23	0.67	0.4	-0.48	0.26	0.31		0.26	0.28	0.54	0.33	0.57	0.02	0.59	0.37	0.32	0.38	0.22	0.44	0.88	0.62	0.57
Cash And Short Term Investments	0.62	0.68	0.37	0.79	0.51	0.66	0.64	-0.28	1.0	0.57	0.26		0.67	0.71	0.63	0.65	0.34	0.68	0.67	0.71	0.43	0.52	0.8	0.19	0.66	0.7
Net Receivables	0.95	0.94	0.28	0.92	0.92	0.65	0.94	0.18	0.67	0.93	0.28	0.67		0.82	0.94	0.81	0.46	0.76	0.95	0.89	0.66	0.91	0.84	0.14	0.73	0.79
Common Stock Shares Outstanding	0.76	0.82	0.6	0.94	0.67	0.85	0.81	-0.25	0.71	0.71	0.54	0.71	0.82		0.75	0.9	0.43	0.82	0.8	0.85	0.53	0.63	0.87	0.35	0.85	0.86
Non Current Liabilities Total	0.99	0.99	0.2	0.9	0.94	0.67	0.99	0.11	0.63	0.98	0.33	0.63	0.94	0.75		0.84	0.5	0.83	1.0	0.9	0.64	0.97	0.82	0.22	0.82	0.87
Inventory	0.85	0.9	0.58	0.94	0.78	0.91	0.89	-0.2	0.65	0.83	0.57	0.65	0.81	0.9	0.84		0.3	0.89	0.88	0.81	0.59	0.76	0.93	0.4	0.91	0.94
Other Current Assets	0.45	0.48	-0.24	0.42	0.36	0.07	0.48	-0.13	0.34	0.35	0.02	0.34	0.46	0.43	0.5	0.3		0.44	0.49	0.76	0.17	0.43	0.24	-0.08	0.36	0.4
Other Stockholder Equity	0.82	0.87	0.57	0.88	0.75	0.86	0.87	-0.4	0.68	0.79	0.59	0.68	0.76	0.82	0.83	0.89	0.44		0.85	0.83	0.46	0.76	0.84	0.58	0.95	0.98
Total Liab	0.99	1.0	0.26	0.93	0.93	0.72	0.99	0.06	0.67	0.97	0.37	0.67	0.95	0.8	1.0	0.88	0.49	0.85		0.91	0.65	0.95	0.86	0.25	0.85	0.89
Total Current Assets	0.88	0.91	0.21	0.9	0.79	0.62	0.9	-0.11	0.71	0.81	0.32	0.71	0.89	0.85	0.9	0.81	0.76	0.83	0.91		0.54	0.81	0.79	0.17	0.79	0.84
Short Term Debt	0.66	0.67	0.18	0.63	0.64	0.46	0.67	0.23	0.43	0.66	0.38	0.43	0.66	0.53	0.64	0.59	0.17	0.46	0.65	0.54		0.62	0.47	0.15	0.47	0.49
Intangible Assets	0.98	0.94	0.17	0.8	0.99	0.56	0.94	0.26	0.52	0.99	0.22	0.52	0.91	0.63	0.97	0.76	0.43	0.76	0.95	0.81	0.62		0.74	0.18	0.74	0.79
Accounts Payable	0.84	0.86	0.57	0.95	0.77	0.88	0.85	-0.16	0.8	0.81	0.44	0.8	0.84	0.87	0.82	0.93	0.24	0.84	0.86	0.79	0.47	0.74		0.33	0.85	0.89
Property Plant And Equipment Gross	0.22	0.28	0.67	0.33	0.17	0.59	0.28	-0.56	0.19	0.23	0.88	0.19	0.14	0.35	0.22	0.4	-0.08	0.58	0.25	0.17	0.15	0.18	0.33		0.59	0.52
Common Stock Total Equity	0.82	0.88	0.58	0.89	0.73	0.91	0.87	-0.37	0.66	0.79	0.62	0.66	0.73	0.85	0.82	0.91	0.36	0.95	0.85	0.79	0.47	0.74	0.85	0.59		0.98
Common Stock	0.86	0.91	0.56	0.92	0.78	0.9	0.91	-0.33	0.7	0.83	0.57	0.7	0.79	0.86	0.87	0.94	0.4	0.98	0.89	0.84	0.49	0.79	0.89	0.52	0.98

Click cells to compare fundamentals

Newell Brands Account Relationship Matchups

Newell Brands fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.6B	14.7B	14.2B	13.3B	12.2B	8.3B
Short Long Term Debt Total	6.3B	6.1B	5.4B	5.9B	5.4B	3.0B
Other Current Liab	1.5B	1.6B	1.6B	1.4B	1.6B	1.6B
Total Current Liabilities	3.0B	3.6B	3.3B	3.1B	2.9B	1.9B
Total Stockholder Equity	5.0B	3.9B	4.1B	3.5B	3.1B	2.7B
Property Plant And Equipment Net	925.6M	1.8B	1.7B	1.8B	1.7B	979.7M
Net Debt	5.9B	5.1B	4.9B	5.6B	5.0B	2.7B
Retained Earnings	(2.4B)	(3.2B)	(2.6B)	(2.3B)	(2.7B)	(2.6B)
Cash	348.6M	981M	440M	287M	332M	211.5M
Non Current Assets Total	11.5B	10.1B	9.9B	9.2B	8.8B	5.6B
Non Currrent Assets Other	359.3M	404M	464M	646M	702M	737.1M
Cash And Short Term Investments	348.6M	981M	440M	287M	332M	211.5M
Net Receivables	1.8B	1.7B	1.5B	1.3B	1.2B	1.1B
Common Stock Shares Outstanding	423.9M	424.1M	428M	417.4M	414.1M	289.2M
Liabilities And Stockholders Equity	15.6B	14.7B	14.2B	13.3B	12.2B	8.3B
Non Current Liabilities Total	7.7B	7.2B	6.8B	6.7B	6.2B	3.7B
Inventory	1.6B	1.6B	2.0B	2.2B	1.5B	979.5M
Other Current Assets	313.1M	331M	325M	312M	296M	394.2M
Other Stockholder Equity	7.8B	7.5B	7.1B	6.4B	6.3B	6.6B
Total Liab	10.6B	10.8B	10.1B	9.7B	9.1B	5.5B
Total Current Assets	4.1B	4.6B	4.3B	4.1B	3.4B	2.7B
Short Term Debt	332.4M	466M	3M	621M	329M	311.2M
Intangible Assets	4.9B	3.6B	3.4B	2.6B	2.5B	2.3B
Accounts Payable	1.1B	1.5B	1.7B	1.1B	1.0B	660.0M
Property Plant And Equipment Gross	925.6M	1.8B	1.7B	1.8B	3.8B	4.0B
Accumulated Other Comprehensive Income	(919.9M)	(880M)	(882M)	(1.0B)	(890M)	(845.5M)
Common Stock Total Equity	447.1M	448M	450M	439M	504.9M	376.1M
Common Stock	447.1M	448M	450M	439M	440M	380.4M
Other Liab	1.7B	1.6B	1.4B	1.3B	1.5B	1.4B
Other Assets	1.1B	1.8B	1.3B	1.5B	1.7B	1.8B
Long Term Debt	5.4B	5.1B	4.9B	4.8B	4.6B	4.0B
Treasury Stock	(584.7M)	(590.3M)	(598M)	(609M)	(548.1M)	(575.5M)
Property Plant Equipment	925.6M	1.2B	1.2B	1.8B	1.6B	880.5M
Good Will	3.7B	3.6B	3.5B	3.3B	3.1B	3.7B
Net Tangible Assets	(3.7B)	(3.2B)	(2.8B)	(2.4B)	(2.2B)	(2.3B)
Noncontrolling Interest In Consolidated Entity	36.6M	34.8M	32.7M	26M	29.9M	18.7M
Retained Earnings Total Equity	(2.4B)	(3.2B)	(2.6B)	(2.3B)	(2.1B)	(2.0B)
Long Term Debt Total	5.4B	5.1B	4.9B	4.8B	5.5B	5.1B
Capital Surpluse	8.4B	8.1B	7.7B	7.1B	8.1B	5.5B

Newell Brands Investors Sentiment

The influence of Newell Brands' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Newell. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Newell Brands' public news can be used to forecast risks associated with an investment in Newell. The trend in average sentiment can be used to explain how an investor holding Newell can time the market purely based on public headlines and social activities around Newell Brands. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Newell Brands' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Newell Brands' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Newell Brands' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Newell Brands.

Newell Brands Implied Volatility

45.03

Newell Brands' implied volatility exposes the market's sentiment of Newell Brands stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Newell Brands' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Newell Brands stock will not fluctuate a lot when Newell Brands' options are near their expiration.

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 Newell Brands 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, Newell Brands' short interest history, or implied volatility extrapolated from Newell Brands options trading.

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When determining whether Newell Brands is a strong investment it is important to analyze Newell Brands' 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 Newell Brands' future performance. For an informed investment choice regarding Newell Stock, refer to the following important reports:

How To Invest In Newell

Details

Is Newell Stock a good investment?

Details

What is Newell Brands' Net Worth?

Details

Largest Household & Personal Products Companies

View

Largest Consumer Discretionary Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newell Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.

For more information on how to buy Newell Stock please use our How to buy in Newell Stock guide.

You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Newell Brands' price analysis, check to measure Newell Brands' 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 Newell Brands is operating at the current time. Most of Newell Brands' value examination focuses on studying past and present price action to predict the probability of Newell Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newell Brands' price. Additionally, you may evaluate how the addition of Newell Brands to your portfolios can decrease your overall portfolio volatility.

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Is Newell Brands' 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 Newell Brands. If investors know Newell 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 Newell Brands 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

(0.92)

Dividend Share

0.28

Earnings Share

(0.94)

Revenue Per Share

19.264

Quarterly Revenue Growth

(0.08)

The market value of Newell Brands is measured differently than its book value, which is the value of Newell that is recorded on the company's balance sheet. Investors also form their own opinion of Newell Brands' value that differs from its market value or its book value, called intrinsic value, which is Newell Brands' 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 Newell Brands' market value can be influenced by many factors that don't directly affect Newell Brands' 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 Newell Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newell Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newell Brands' 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.

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Newell Income Before Tax vs Operating Income Analysis

Income Before Tax vs Operating Income

Income Before Tax vs Operating Income Correlation Analysis

Correlation Coefficient

Income Before Tax

Operating Income

Newell Brands fundamental ratios Correlations

Newell Brands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Newell Brands fundamental ratios Accounts

Newell Brands Investors Sentiment

Newell Brands Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Newell Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets

Property Plant And Equipment Gross	- 0.56	Retained Earnings
Non Currrent Assets Other	- 0.48	Retained Earnings
Retained Earnings	- 0.45	Other Current Liab
Retained Earnings	- 0.43	Property Plant And Equipment Net
Other Stockholder Equity	- 0.4	Retained Earnings
Common Stock Total Equity	- 0.37	Retained Earnings