Perficient Historical Income Statement
| PRFT Stock | USD 73.79 0.16 0.22% |
Historical analysis of Perficient income statement accounts such as Other Operating Expenses of 813.4 M, Operating Income of 138.5 M, EBIT of 138.5 M or Ebitda of 169.6 M can show how well Perficient performed in making a profits. Evaluating Perficient income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Perficient's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Perficient 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 Perficient is a good buy for the upcoming year.
Perficient |
About Perficient Income Statement Analysis
Perficient 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 Perficient shareholders. The income statement also shows Perficient 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).
Perficient Income Statement Chart
Perficient Income Statement is one of the three primary financial statements used for reporting Perficient's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Perficient revenue and expense. Perficient Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Perficient's Net Income is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 39.4 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 88 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Perficient 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 Perficient minus its cost of goods sold. It is profit before Perficient 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Perficient. It is also known as Perficient 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.Operating Income
Operating Income is the amount of profit realized from Perficient 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 Perficient 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.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.Most accounts from Perficient's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Perficient 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perficient. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For more information on how to buy Perficient Stock please use our How to Invest in Perficient guide.At this time, Perficient's Net Income is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 39.4 M in 2024, whereas Total Operating Expenses is likely to drop slightly above 88 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 292.2M | 352.4M | 302.5M | 317.6M | Total Revenue | 761.0M | 905.1M | 906.5M | 951.9M |
Perficient income statement Correlations
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Perficient Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Perficient income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 23.0M | 41.2M | 33.5M | 36.8M | 29.6M | 14.9M | |
| Interest Expense | 7.4M | 10.1M | 14.1M | 3.2M | 363K | 344.9K | |
| Total Revenue | 565.5M | 612.1M | 761.0M | 905.1M | 906.5M | 951.9M | |
| Gross Profit | 211.3M | 231.4M | 292.2M | 352.4M | 302.5M | 317.6M | |
| Other Operating Expenses | 509.0M | 543.7M | 651.1M | 756.9M | 774.6M | 813.4M | |
| Operating Income | 55.3M | 55.3M | 105.9M | 144.3M | 131.9M | 138.5M | |
| Ebit | 55.3M | 55.3M | 105.9M | 144.3M | 131.9M | 138.5M | |
| Ebitda | 78.3M | 96.5M | 139.4M | 181.1M | 161.5M | 169.6M | |
| Cost Of Revenue | 354.2M | 380.7M | 468.8M | 552.7M | 604.1M | 634.3M | |
| Total Operating Expenses | 154.8M | 163.0M | 182.3M | 204.2M | 170.6M | 88.0M | |
| Income Before Tax | 47.9M | 40.3M | 62.5M | 141.0M | 136.5M | 143.3M | |
| Net Income | 37.1M | 30.2M | 52.1M | 104.4M | 98.9M | 103.9M | |
| Income Tax Expense | 10.8M | 10.1M | 10.4M | 36.6M | 37.5M | 39.4M | |
| Selling General Administrative | 134.2M | 134.7M | 152.4M | 171.1M | 170.6M | 179.1M | |
| Total Other Income Expense Net | (7.4M) | (14.9M) | (43.4M) | (3.3M) | 4.6M | 4.8M | |
| Net Income Applicable To Common Shares | 37.1M | 30.2M | 52.1M | 104.4M | 120.1M | 126.1M | |
| Net Income From Continuing Ops | 37.1M | 30.2M | 66.1M | 104.4M | 102.2M | 107.3M | |
| Non Recurring | 1.9M | 896K | 3.7M | 3.8M | 4.4M | 2.3M | |
| Non Operating Income Net Other | (12K) | 27K | (4.8M) | (29.4M) | (26.5M) | (25.1M) | |
| Tax Provision | 10.8M | 10.1M | 10.4M | 36.6M | 38.1M | 40.0M | |
| Net Interest Income | (7.4M) | (10.1M) | (14.1M) | (3.2M) | (1.6M) | (1.7M) | |
| Reconciled Depreciation | 20.6M | 28.3M | 29.9M | 33.0M | 31.8M | 28.9M |
Pair Trading with Perficient
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 Perficient 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 Perficient will appreciate offsetting losses from the drop in the long position's value.Moving together with Perficient Stock
| 0.79 | G | Genpact Limited | PairCorr |
| 0.71 | KD | Kyndryl Holdings Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Perficient could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perficient 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 Perficient - 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 Perficient to buy it.
The correlation of Perficient 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 Perficient moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perficient 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 Perficient 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perficient. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For more information on how to buy Perficient Stock please use our How to Invest in Perficient guide.Note that the Perficient information on this page should be used as a complementary analysis to other Perficient'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Perficient Stock analysis
When running Perficient's price analysis, check to measure Perficient'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 Perficient is operating at the current time. Most of Perficient's value examination focuses on studying past and present price action to predict the probability of Perficient's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perficient's price. Additionally, you may evaluate how the addition of Perficient to your portfolios can decrease your overall portfolio volatility.
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Is Perficient'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 Perficient. If investors know Perficient 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 Perficient 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 (0.56) | Earnings Share 2.34 | Revenue Per Share 26.15 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0689 |
The market value of Perficient is measured differently than its book value, which is the value of Perficient that is recorded on the company's balance sheet. Investors also form their own opinion of Perficient's value that differs from its market value or its book value, called intrinsic value, which is Perficient'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 Perficient's market value can be influenced by many factors that don't directly affect Perficient'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 Perficient's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perficient is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perficient'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.