Paycor Operating Income vs Gross Profit Analysis

PYCR Stock  USD 12.37  0.14  1.12%   
Paycor HCM financial indicator trend analysis is much more than just breaking down Paycor HCM prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paycor HCM is a good investment. Please check the relationship between Paycor HCM Operating Income and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycor HCM. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Paycor Stock, please use our How to Invest in Paycor HCM guide.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paycor HCM Operating Income account and Gross Profit. At this time, the significance of the direction appears to have no relationship.
The correlation between Paycor HCM's Operating Income and Gross Profit is 0.06. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Paycor HCM, assuming nothing else is changed. The correlation between historical values of Paycor HCM's Operating Income 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 Operating Income of Paycor HCM 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 Operating Income i.e., Paycor HCM's Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Paycor HCM 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 Paycor HCM 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Paycor HCM minus its cost of goods sold. It is profit before Paycor HCM 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 Paycor HCM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paycor HCM 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 Paycor HCM. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Paycor Stock, please use our How to Invest in Paycor HCM guide.At this time, Paycor HCM's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 06/03/2024, Enterprise Value Over EBITDA is likely to grow to 109.27, while Tax Provision is likely to drop (13.8 M).
 2021 2022 2023 2024 (projected)
Interest Expense541K4.6M5.3M5.6M
Depreciation And Amortization132.0M135.4M155.7M140.3M

Paycor HCM fundamental ratios Correlations

-0.720.970.980.91-0.850.920.320.67-0.96-0.780.640.96-0.740.650.770.740.960.790.670.56-0.930.98-0.640.90.99
-0.72-0.71-0.67-0.720.33-0.740.0-0.10.770.29-0.32-0.640.24-0.14-0.25-0.11-0.64-0.3-0.23-0.190.54-0.670.02-0.67-0.68
0.97-0.710.990.79-0.870.850.120.64-0.95-0.740.470.92-0.690.530.680.710.920.690.490.36-0.951.0-0.660.80.99
0.98-0.670.990.82-0.90.870.210.7-0.96-0.80.550.94-0.730.620.750.770.940.760.560.42-0.961.0-0.710.841.0
0.91-0.720.790.82-0.650.920.590.62-0.88-0.730.850.88-0.630.750.80.670.880.840.790.71-0.750.82-0.480.980.84
-0.850.33-0.87-0.9-0.65-0.77-0.33-0.90.830.92-0.54-0.890.88-0.74-0.85-0.88-0.89-0.82-0.62-0.470.97-0.90.94-0.72-0.89
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-0.780.29-0.74-0.8-0.730.92-0.84-0.61-0.930.81-0.75-0.90.9-0.89-0.94-0.87-0.9-0.92-0.75-0.620.89-0.790.91-0.81-0.79
0.64-0.320.470.550.85-0.540.730.890.72-0.62-0.750.68-0.560.930.890.720.680.920.830.75-0.550.54-0.540.890.56
0.96-0.640.920.940.88-0.890.970.410.75-0.97-0.90.68-0.850.730.820.751.00.830.720.6-0.940.94-0.720.90.94
-0.740.24-0.69-0.73-0.630.88-0.78-0.5-0.840.720.9-0.56-0.85-0.73-0.8-0.71-0.85-0.76-0.81-0.730.84-0.720.85-0.67-0.73
0.65-0.140.530.620.75-0.740.70.860.92-0.62-0.890.930.73-0.730.980.880.730.980.840.73-0.690.61-0.80.820.62
0.77-0.250.680.750.8-0.850.780.760.95-0.74-0.940.890.82-0.80.980.920.820.990.820.69-0.810.74-0.860.870.75
0.74-0.110.710.770.67-0.880.620.530.89-0.67-0.870.720.75-0.710.880.920.750.920.680.52-0.80.76-0.890.730.76
0.96-0.640.920.940.88-0.890.970.410.75-0.97-0.90.681.0-0.850.730.820.750.830.720.6-0.940.94-0.720.90.94
0.79-0.30.690.760.84-0.820.80.760.91-0.76-0.920.920.83-0.760.980.990.920.830.820.69-0.80.75-0.810.90.76
0.67-0.230.490.560.79-0.620.710.810.74-0.57-0.750.830.72-0.810.840.820.680.720.820.98-0.60.55-0.610.780.58
0.56-0.190.360.420.71-0.470.620.80.6-0.45-0.620.750.6-0.730.730.690.520.60.690.98-0.460.41-0.460.680.44
-0.930.54-0.95-0.96-0.750.97-0.87-0.29-0.830.920.89-0.55-0.940.84-0.69-0.81-0.8-0.94-0.8-0.6-0.46-0.960.84-0.8-0.96
0.98-0.671.01.00.82-0.90.870.20.69-0.96-0.790.540.94-0.720.610.740.760.940.750.550.41-0.96-0.70.831.0
-0.640.02-0.66-0.71-0.480.94-0.59-0.46-0.960.610.91-0.54-0.720.85-0.8-0.86-0.89-0.72-0.81-0.61-0.460.84-0.7-0.58-0.69
0.9-0.670.80.840.98-0.720.930.640.72-0.89-0.810.890.9-0.670.820.870.730.90.90.780.68-0.80.83-0.580.85
0.99-0.680.991.00.84-0.890.880.220.69-0.96-0.790.560.94-0.730.620.750.760.940.760.580.44-0.961.0-0.690.85
Click cells to compare fundamentals

Paycor HCM Account Relationship Matchups

Paycor HCM fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.0B3.1B2.5B2.9B2.6B
Short Long Term Debt Total24.4M49.1M912K16.1M14.5M17.9M
Other Current Liab651.5M670.0M1.8B1.1B1.2B1.1B
Total Current Liabilities679.6M742.0M1.8B1.2B1.3B1.1B
Total Stockholder Equity953.3M878.6M1.3B1.3B1.5B1.2B
Other Liab122.9M92.8M43.4M87.8M79.0M78.3M
Net Tangible Assets(266.1M)(521.6M)231.5M191.5M220.2M231.2M
Property Plant And Equipment Net44.0M41.1M31.7M51.4M59.1M45.5M
Current Deferred Revenue10.2M11.9M11.7M13.1M15.0M11.4M
Net Debt23.6M46.5M(132.1M)(79.2M)(71.3M)(67.7M)
Retained Earnings(178.8M)(275.8M)(395.4M)(489.5M)(440.5M)(462.6M)
Accounts Payable12.0M12.0M13.9M28.4M32.6M17.3M
Cash828K2.6M133.0M95.2M109.5M115.0M
Non Current Assets Total1.3B1.3B1.2B1.3B1.2B1.1B
Non Currrent Assets Other84.6M110.4M95.0M164.9M189.6M113.5M
Other Assets84.6M110.4M126.9M164.9M189.6M120.5M
Cash And Short Term Investments828K2.6M133.0M95.2M109.5M115.0M
Net Receivables10.0M16.5M21.5M30.8M35.4M19.1M
Good Will733.8M750.8M750.2M767.7M882.9M822.0M
Liabilities And Stockholders Equity2.0B2.0B3.1B2.5B2.9B2.6B
Non Current Liabilities Total141.5M141.9M43.4M104.2M93.7M95.2M
Inventory645.1M701.4M1.8B1.1B1.3B1.1B
Other Current Assets3.8M1.5M1.9M2.6M2.3M2.5M
Other Stockholder Equity1.1B888.3M1.7B1.8B2.0B1.4B
Total Liab821.1M883.9M1.8B1.3B1.5B1.3B
Deferred Long Term Liab57.9M90.9M125.7M162.7M187.1M101.7M
Net Invested Capital977.8M665.0M1.3B1.3B1.5B1.2B
Property Plant And Equipment Gross44.0M41.1M31.7M51.4M59.1M45.5M
Total Current Assets659.7M722.0M1.9B1.2B1.4B1.2B
Accumulated Other Comprehensive Income2.8M3.2M(1.8M)(3.1M)(2.8M)(2.7M)
Capital Stock152K262.9M175K177K203.6K193.4K
Non Current Liabilities Other18.2M16.7M11.5M70.0M80.6M84.6M
Net Working Capital(19.9M)(19.9M)116.3M79.4M91.3M95.8M
Short Term Debt5.9M48.1M283K68.0M78.2M82.1M
Intangible Assets485.6M386.6M303.1M314.5M283.0M332.9M
Property Plant Equipment44.0M41.1M31.7M34.6M31.1M30.4M

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When determining whether Paycor HCM is a strong investment it is important to analyze Paycor HCM's 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 Paycor HCM's future performance. For an informed investment choice regarding Paycor Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycor HCM. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Paycor Stock, please use our How to Invest in Paycor HCM guide.
Note that the Paycor HCM information on this page should be used as a complementary analysis to other Paycor HCM'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.

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When running Paycor HCM's price analysis, check to measure Paycor HCM'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 Paycor HCM is operating at the current time. Most of Paycor HCM's value examination focuses on studying past and present price action to predict the probability of Paycor HCM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paycor HCM's price. Additionally, you may evaluate how the addition of Paycor HCM to your portfolios can decrease your overall portfolio volatility.
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Is Paycor HCM'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 Paycor HCM. If investors know Paycor 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 Paycor HCM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.40)
Revenue Per Share
3.555
Quarterly Revenue Growth
0.158
Return On Assets
(0.02)
Return On Equity
(0.05)
The market value of Paycor HCM is measured differently than its book value, which is the value of Paycor that is recorded on the company's balance sheet. Investors also form their own opinion of Paycor HCM's value that differs from its market value or its book value, called intrinsic value, which is Paycor HCM'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 Paycor HCM's market value can be influenced by many factors that don't directly affect Paycor HCM'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 Paycor HCM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paycor HCM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paycor HCM'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.