Acme Operating Income from 2010 to 2024

ACU Stock  USD 36.41  0.72  2.02%   
Acme United Operating Income yearly trend continues to be comparatively stable with very little volatility. Operating Income is likely to outpace its year average in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Acme United generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-09-30
Previous Quarter
2.1 M
Current Value
2.6 M
Quarterly Volatility
5.9 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Acme United financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Acme United's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.3 M, Interest Expense of 3.3 M or Selling General Administrative of 51 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0216 or PTB Ratio of 1.22. Acme financial statements analysis is a perfect complement when working with Acme United Valuation or Volatility modules.
  
Check out the analysis of Acme United Correlation against competitors.
For more information on how to buy Acme Stock please use our How to Invest in Acme United guide.

Latest Acme United's Operating Income Growth Pattern

Below is the plot of the Operating Income of Acme United over the last few years. Operating Income is the amount of profit realized from Acme United 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 Acme United is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Acme United's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Acme United's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Acme Operating Income Regression Statistics

Arithmetic Mean7,324,681
Geometric Mean6,376,716
Coefficient Of Variation48.26
Mean Deviation2,600,484
Median7,394,000
Standard Deviation3,534,802
Sample Variance12.5T
Range12.4M
R-Value0.59
Mean Square Error8.8T
R-Squared0.35
Significance0.02
Slope465,567
Total Sum of Squares174.9T

Acme Operating Income History

202413.8 M
202313.2 M
20221.5 M
20218.5 M
202011.4 M
20194.9 M
20187.5 M

Other Fundumenentals of Acme United

Acme United Operating Income component correlations

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About Acme United Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Acme United income statement, its balance sheet, and the statement of cash flows. Acme United investors use historical funamental indicators, such as Acme United's Operating Income, to determine how well the company is positioned to perform in the future. Although Acme United investors may use each financial statement separately, they are all related. The changes in Acme United's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Acme United's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Acme United Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Acme United. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income13.2 M13.8 M
Non Operating Income Net Other-221.8 K-232.8 K

Pair Trading with Acme United

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 Acme United 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 Acme United will appreciate offsetting losses from the drop in the long position's value.

Moving together with Acme Stock

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Moving against Acme Stock

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The ability to find closely correlated positions to Acme United could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acme United 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 Acme United - 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 Acme United to buy it.
The correlation of Acme United 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 Acme United moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acme United 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 Acme United 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.
Pair CorrelationCorrelation Matching

Additional Tools for Acme Stock Analysis

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