PNC Cost Of Revenue vs Gross Profit Analysis

PNC Stock  USD 214.20  1.73  0.81%   
PNC Financial financial indicator trend analysis is much more than just breaking down PNC Financial Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PNC Financial Services is a good investment. Please check the relationship between PNC Financial Cost Of Revenue and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PNC Financial Services Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between PNC Financial's Cost Of Revenue and Gross Profit is -0.17. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of PNC Financial Services, assuming nothing else is changed. The correlation between historical values of PNC Financial's Cost Of Revenue and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of PNC Financial Services are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Cost Of Revenue i.e., PNC Financial's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on PNC Financial Services income statement and represents the costs associated with goods and services PNC Financial 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of PNC Financial Services minus its cost of goods sold. It is profit before PNC Financial 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 indicators from PNC Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PNC Financial Services 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, PNC Financial's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Operating Income6.9B9.5B10.6B6.9B
Other Operating Expenses12.2B355M10.2B10.7B

PNC Financial fundamental ratios Correlations

0.260.390.56-0.160.610.240.250.110.13-0.05-0.480.250.21-0.180.560.240.16-0.260.90.750.34-0.060.240.70.39
0.260.790.310.620.880.57-0.250.970.390.460.20.680.550.67-0.630.480.540.450.60.69-0.310.180.580.80.55
0.390.790.130.060.780.810.270.8-0.030.050.090.880.070.66-0.380.820.010.310.60.71-0.19-0.30.860.660.16
0.560.310.130.380.42-0.1-0.090.180.380.29-0.280.050.45-0.080.230.010.38-0.320.560.37-0.070.31-0.080.560.48
-0.160.620.060.380.350.01-0.630.590.610.750.28-0.020.770.38-0.63-0.120.810.220.160.17-0.330.57-0.170.440.53
0.610.880.780.420.350.44-0.190.820.490.37-0.090.590.560.31-0.270.360.520.150.850.83-0.240.10.640.880.7
0.240.570.81-0.10.010.440.570.58-0.410.00.290.73-0.160.78-0.340.95-0.160.370.390.510.12-0.370.610.47-0.19
0.25-0.250.27-0.09-0.63-0.190.57-0.24-0.83-0.420.080.26-0.730.160.350.67-0.75-0.160.080.090.37-0.560.23-0.05-0.61
0.110.970.80.180.590.820.58-0.240.360.490.270.670.480.7-0.750.490.480.440.490.61-0.440.110.640.70.49
0.130.39-0.030.380.610.49-0.41-0.830.360.61-0.27-0.250.91-0.25-0.21-0.510.88-0.230.330.2-0.460.41-0.080.390.79
-0.050.460.050.290.750.370.0-0.420.490.610.39-0.280.660.06-0.5-0.170.75-0.190.250.15-0.40.42-0.10.410.62
-0.480.20.09-0.280.28-0.090.290.080.27-0.270.390.09-0.190.39-0.560.19-0.070.34-0.31-0.16-0.080.320.11-0.08-0.03
0.250.680.880.05-0.020.590.730.260.67-0.25-0.280.09-0.130.76-0.330.8-0.190.620.390.59-0.03-0.250.790.48-0.04
0.210.550.070.450.770.56-0.16-0.730.480.910.66-0.19-0.13-0.04-0.28-0.310.98-0.130.440.33-0.350.5-0.10.560.8
-0.180.670.66-0.080.380.310.780.160.7-0.250.060.390.76-0.04-0.690.76-0.030.710.070.3-0.08-0.180.450.32-0.21
0.56-0.63-0.380.23-0.63-0.27-0.340.35-0.75-0.21-0.5-0.56-0.33-0.28-0.69-0.24-0.33-0.510.16-0.030.58-0.14-0.33-0.14-0.16
0.240.480.820.01-0.120.360.950.670.49-0.51-0.170.190.8-0.310.76-0.24-0.350.320.340.470.1-0.490.620.4-0.33
0.160.540.010.380.810.52-0.16-0.750.480.880.75-0.07-0.190.98-0.03-0.33-0.35-0.060.410.31-0.310.56-0.160.540.81
-0.260.450.31-0.320.220.150.37-0.160.44-0.23-0.190.340.62-0.130.71-0.510.32-0.06-0.110.160.160.110.330.06-0.12
0.90.60.60.560.160.850.390.080.490.330.25-0.310.390.440.070.160.340.41-0.110.920.060.030.410.930.58
0.750.690.710.370.170.830.510.090.610.20.15-0.160.590.330.3-0.030.470.310.160.920.01-0.010.540.930.46
0.34-0.31-0.19-0.07-0.33-0.240.120.37-0.44-0.46-0.4-0.08-0.03-0.35-0.080.580.1-0.310.160.060.01-0.11-0.22-0.08-0.37
-0.060.18-0.30.310.570.1-0.37-0.560.110.410.420.32-0.250.5-0.18-0.14-0.490.560.110.03-0.01-0.11-0.210.160.64
0.240.580.86-0.08-0.170.640.610.230.64-0.08-0.10.110.79-0.10.45-0.330.62-0.160.330.410.54-0.22-0.210.410.13
0.70.80.660.560.440.880.47-0.050.70.390.41-0.080.480.560.32-0.140.40.540.060.930.93-0.080.160.410.62
0.390.550.160.480.530.7-0.19-0.610.490.790.62-0.03-0.040.8-0.21-0.16-0.330.81-0.120.580.46-0.370.640.130.62
Click cells to compare fundamentals

PNC Financial Account Relationship Matchups

PNC Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding448M427M426M412M401M377.5M
Total Assets410.3B466.7B558.4B557.3B561.6B589.7B
Short Long Term Debt Total60.3B43.3B39.8B58.7B72.7B76.4B
Other Current Liab(318M)172.4B347.7B330.7B75.0B135.9B
Total Current Liabilities318M182.0B356.7B336.8B101.3B63.3B
Total Stockholder Equity49.3B54.0B55.7B45.8B51.1B53.7B
Property Plant And Equipment Net9.7B1.9B1.9B10.6B10.3B10.8B
Net Debt31.8B(55.0B)(51.5B)24.4B22.0B14.5B
Retained Earnings42.2B46.8B50.2B53.6B56.3B59.1B
Cash28.5B92.2B82.3B34.4B6.9B6.6B
Non Current Assets Total111.4B105.3B155.8B150.3B14.6B13.9B
Non Currrent Assets Other(11.9B)(105.3B)(2.8B)(28.2B)(14.6B)(15.3B)
Other Assets194.1B175.4B182.8B260.6B498.3B523.2B
Cash And Short Term Investments97.6B179.5B213.8B146.4B48.7B48.4B
Liabilities And Stockholders Equity410.3B466.7B558.4B557.3B561.6B589.7B
Non Current Liabilities Total60.3B37.2B30.8B511.5B510.4B536.0B
Other Stockholder Equity(405M)(1.8B)(2.7B)(6.1B)(6.4B)(6.1B)
Total Liab361.0B37.2B30.8B511.5B510.4B536.0B
Total Current Assets104.8B186.0B219.8B146.4B48.7B43.7B
Short Term Debt318M9.6B9.0B6.1B26.3B27.6B
Accumulated Other Comprehensive Income799M2.8B409M(10.2B)(7.7B)(7.3B)
Common Stock2.7B2.7B2.7B2.7B2.7B2.1B
Common Stock Total Equity2.7B2.7B2.7B2.7B3.1B2.6B
Other Liab2.9B584M662M3.2B2.9B4.6B
Accounts Payable11.8B9.5B457.3B15.8B18.1B17.2B
Long Term Debt60.3B37.2B30.8B26.6B72.7B76.4B
Short Term Investments69.2B87.4B131.5B44.2B41.8B45.8B
Inventory(31.8B)(94.7B)(85.2B)(44.4B)(57.2B)(54.3B)
Treasury Stock(12.8B)(14.2B)(15.1B)(18.7B)(16.8B)(16.0B)
Intangible Assets1.6B1.2B1.8B3.4B3.7B2.1B
Property Plant Equipment2B1.9B1.9B10.6B12.2B12.8B
Net Receivables7.2B6.4B6.0B6.4B6.5B7.0B
Noncontrolling Interest In Consolidated Entity42M29M31M38M34.2M32.5M
Retained Earnings Total Equity42.2B46.8B50.2B53.6B61.6B35.1B
Net Tangible Assets40.1B44.8B44.8B34.8B40.0B37.9B
Long Term Debt Total43.9B33.7B30.8B26.6B30.6B33.3B
Capital Surpluse16.4B15.9B17.5B18.4B21.1B17.9B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether PNC Financial Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PNC Financial'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 Pnc Financial Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pnc Financial Services Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PNC Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Regional Banks 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 PNC Financial. If investors know PNC 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 PNC Financial 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
(0.03)
Dividend Share
6.25
Earnings Share
11.82
Revenue Per Share
51.178
Quarterly Revenue Growth
0.017
The market value of PNC Financial Services is measured differently than its book value, which is the value of PNC that is recorded on the company's balance sheet. Investors also form their own opinion of PNC Financial's value that differs from its market value or its book value, called intrinsic value, which is PNC Financial'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 PNC Financial's market value can be influenced by many factors that don't directly affect PNC Financial'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 PNC Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if PNC Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PNC Financial'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.