Magellan Financial Group Stock Net Income

MFG Stock   10.80  0.08  0.74%   
Magellan Financial Group fundamentals help investors to digest information that contributes to Magellan Financial's financial success or failures. It also enables traders to predict the movement of Magellan Stock. The fundamental analysis module provides a way to measure Magellan Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Magellan Financial stock.
Last ReportedProjected for Next Year
Net Income238.8 M153.7 M
Net Income Applicable To Common Shares210.1 M176.2 M
Net Income From Continuing Ops238.8 M270.6 M
Net Income From Continuing Ops is likely to gain to about 270.6 M in 2024, whereas Net Income is likely to drop slightly above 153.7 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Magellan Financial Group Company Net Income Analysis

Magellan Financial's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Magellan Financial Net Income

    
  238.76 M  
Most of Magellan Financial's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Magellan Financial Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Magellan Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

411.25 Million

At this time, Magellan Financial's Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Magellan Financial Group reported net income of 238.76 M. This is 81.31% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The net income for all Australia stocks is 58.18% higher than that of the company.

Magellan Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magellan Financial's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Magellan Financial could also be used in its relative valuation, which is a method of valuing Magellan Financial by comparing valuation metrics of similar companies.
Magellan Financial is currently under evaluation in net income category among its peers.

Magellan Fundamentals

About Magellan Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Magellan Financial Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magellan Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magellan Financial Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Magellan Stock Analysis

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