Acco Gross Profit vs Operating Income Analysis

ACCO Stock

USD 5.82 0.01 0.17%

Acco Brands financial indicator trend analysis is way more than just evaluating Acco Brands prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Acco Brands is a good investment. Please check the relationship between Acco Brands Gross Profit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Acco Brands Gross Profit account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Acco Brands' Gross Profit and Operating Income is 0.63. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Acco Brands, assuming nothing else is changed. The correlation between historical values of Acco Brands' Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Acco Brands are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Acco Brands' Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Acco Brands minus its cost of goods sold. It is profit before Acco Brands 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.

Operating Income

Operating Income is the amount of profit realized from Acco Brands 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 Acco Brands 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.

Most indicators from Acco Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Acco Brands 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.As of the 1st of December 2024, Selling General Administrative is likely to grow to about 327.2 M, while Tax Provision is likely to drop about 26.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	614.9M	552.3M	598.3M	488.7M
Total Revenue	2.0B	1.9B	1.8B	1.5B

Gross Profit Total Revenue

Acco Brands fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.93	0.5	0.95	0.9	0.94	0.79	0.94	-0.12	0.85	0.05	0.99	-0.13	0.05	0.84	0.98	-0.56	0.8	0.96	0.86	0.81	0.81	0.98	0.48	0.9	-0.01
Short Long Term Debt Total	0.93		0.56	0.87	0.72	0.88	0.76	1.0	-0.29	0.75	0.22	0.9	0.03	0.22	0.79	0.87	-0.71	0.7	0.97	0.85	0.75	0.8	0.96	0.52	0.9	-0.04
Other Current Liab	0.5	0.56		0.57	0.41	0.48	0.22	0.58	0.28	0.5	-0.08	0.51	-0.42	-0.08	0.19	0.5	-0.32	0.18	0.47	0.67	0.36	0.2	0.51	0.88	0.4	0.29
Total Current Liabilities	0.95	0.87	0.57		0.82	0.9	0.72	0.87	-0.02	0.95	0.12	0.93	-0.27	0.12	0.73	0.91	-0.59	0.67	0.9	0.94	0.88	0.7	0.95	0.59	0.88	-0.07
Total Stockholder Equity	0.9	0.72	0.41	0.82		0.8	0.65	0.75	0.07	0.72	-0.23	0.91	-0.25	-0.23	0.76	0.93	-0.25	0.81	0.76	0.73	0.67	0.72	0.79	0.42	0.75	0.06
Property Plant And Equipment Net	0.94	0.88	0.48	0.9	0.8		0.72	0.9	-0.09	0.81	-0.05	0.94	-0.13	-0.05	0.78	0.92	-0.54	0.69	0.93	0.78	0.79	0.72	0.94	0.46	0.82	-0.04
Current Deferred Revenue	0.79	0.76	0.22	0.72	0.65	0.72		0.73	-0.52	0.62	0.38	0.73	0.28	0.38	0.93	0.73	-0.7	0.83	0.81	0.58	0.67	0.86	0.8	0.33	0.88	-0.14
Net Debt	0.94	1.0	0.58	0.87	0.75	0.9	0.73		-0.24	0.75	0.13	0.92	0.0	0.13	0.78	0.89	-0.66	0.7	0.97	0.85	0.73	0.78	0.96	0.53	0.88	-0.03
Retained Earnings	-0.12	-0.29	0.28	-0.02	0.07	-0.09	-0.52	-0.24		-0.04	-0.65	-0.03	-0.81	-0.65	-0.53	-0.04	0.67	-0.47	-0.27	0.02	-0.21	-0.62	-0.21	0.26	-0.42	-0.05
Accounts Payable	0.85	0.75	0.5	0.95	0.72	0.81	0.62	0.75	-0.04		0.14	0.82	-0.22	0.14	0.66	0.81	-0.55	0.6	0.79	0.92	0.93	0.63	0.85	0.52	0.84	-0.03
Cash	0.05	0.22	-0.08	0.12	-0.23	-0.05	0.38	0.13	-0.65	0.14		-0.04	0.41	1.0	0.23	-0.11	-0.71	0.2	0.21	0.15	0.25	0.34	0.19	-0.03	0.35	-0.04
Non Current Assets Total	0.99	0.9	0.51	0.93	0.91	0.94	0.73	0.92	-0.03	0.82	-0.04		-0.21	-0.04	0.78	0.99	-0.48	0.76	0.94	0.83	0.77	0.76	0.96	0.46	0.84	0.02
Non Currrent Assets Other	-0.13	0.03	-0.42	-0.27	-0.25	-0.13	0.28	0.0	-0.81	-0.22	0.41	-0.21		0.41	0.31	-0.22	-0.21	0.16	0.02	-0.26	-0.1	0.26	-0.06	-0.39	0.16	-0.07
Cash And Short Term Investments	0.05	0.22	-0.08	0.12	-0.23	-0.05	0.38	0.13	-0.65	0.14	1.0	-0.04	0.41		0.23	-0.11	-0.71	0.2	0.21	0.15	0.25	0.34	0.19	-0.03	0.35	-0.04
Net Receivables	0.84	0.79	0.19	0.73	0.76	0.78	0.93	0.78	-0.53	0.66	0.23	0.78	0.31	0.23		0.78	-0.63	0.9	0.82	0.61	0.71	0.92	0.81	0.28	0.92	-0.03
Good Will	0.98	0.87	0.5	0.91	0.93	0.92	0.73	0.89	-0.04	0.81	-0.11	0.99	-0.22	-0.11	0.78		-0.46	0.78	0.91	0.8	0.77	0.77	0.93	0.44	0.82	0.05
Common Stock Total Equity	-0.56	-0.71	-0.32	-0.59	-0.25	-0.54	-0.7	-0.66	0.67	-0.55	-0.71	-0.48	-0.21	-0.71	-0.63	-0.46		-0.59	-0.68	-0.56	-0.66	-0.75	-0.67	-0.34	-0.74	-0.04
Common Stock Shares Outstanding	0.8	0.7	0.18	0.67	0.81	0.69	0.83	0.7	-0.47	0.6	0.2	0.76	0.16	0.2	0.9	0.78	-0.59		0.75	0.54	0.66	0.96	0.74	0.17	0.82	0.2
Non Current Liabilities Total	0.96	0.97	0.47	0.9	0.76	0.93	0.81	0.97	-0.27	0.79	0.21	0.94	0.02	0.21	0.82	0.91	-0.68	0.75		0.81	0.79	0.82	0.99	0.41	0.9	-0.03
Inventory	0.86	0.85	0.67	0.94	0.73	0.78	0.58	0.85	0.02	0.92	0.15	0.83	-0.26	0.15	0.61	0.8	-0.56	0.54	0.81		0.84	0.6	0.87	0.69	0.85	-0.07
Other Current Assets	0.81	0.75	0.36	0.88	0.67	0.79	0.67	0.73	-0.21	0.93	0.25	0.77	-0.1	0.25	0.71	0.77	-0.66	0.66	0.79	0.84		0.72	0.83	0.44	0.86	-0.1
Other Stockholder Equity	0.81	0.8	0.2	0.7	0.72	0.72	0.86	0.78	-0.62	0.63	0.34	0.76	0.26	0.34	0.92	0.77	-0.75	0.96	0.82	0.6	0.72		0.8	0.18	0.88	0.16
Total Liab	0.98	0.96	0.51	0.95	0.79	0.94	0.8	0.96	-0.21	0.85	0.19	0.96	-0.06	0.19	0.81	0.93	-0.67	0.74	0.99	0.87	0.83	0.8		0.47	0.91	-0.04
Property Plant And Equipment Gross	0.48	0.52	0.88	0.59	0.42	0.46	0.33	0.53	0.26	0.52	-0.03	0.46	-0.39	-0.03	0.28	0.44	-0.34	0.17	0.41	0.69	0.44	0.18	0.47		0.48	-0.05
Total Current Assets	0.9	0.9	0.4	0.88	0.75	0.82	0.88	0.88	-0.42	0.84	0.35	0.84	0.16	0.35	0.92	0.82	-0.74	0.82	0.9	0.85	0.86	0.88	0.91	0.48		-0.09
Short Term Debt	-0.01	-0.04	0.29	-0.07	0.06	-0.04	-0.14	-0.03	-0.05	-0.03	-0.04	0.02	-0.07	-0.04	-0.03	0.05	-0.04	0.2	-0.03	-0.07	-0.1	0.16	-0.04	-0.05	-0.09

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Acco Brands Account Relationship Matchups

Acco Brands fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	3.0B	3.1B	2.8B	2.6B	1.8B
Short Long Term Debt Total	922M	1.2B	1.1B	1.1B	1.0B	737.4M
Other Current Liab	139.9M	255M	308.6M	247.1M	280.6M	294.6M
Total Current Liabilities	588.8M	556.9M	708.6M	589M	542M	386.8M
Total Stockholder Equity	773.7M	742.7M	864.8M	810.1M	787M	413.6M
Property Plant And Equipment Net	369M	330.6M	319.8M	273.9M	261.1M	211.8M
Current Deferred Revenue	157.3M	148.2M	132.4M	158.3M	115.9M	136.0M
Net Debt	894.2M	1.2B	1.1B	1.0B	949.8M	692.4M
Retained Earnings	(574.2M)	(537.3M)	(462M)	(504.4M)	(556M)	(583.8M)
Accounts Payable	245.7M	180.2M	308.2M	239.5M	183.7M	142.9M
Cash	27.8M	36.6M	41.2M	62.2M	66.4M	44.9M
Non Current Assets Total	2.0B	2.3B	2.2B	1.9B	1.8B	1.1B
Non Currrent Assets Other	17.4M	16.9M	15.8M	15.4M	17.9M	33.3M
Cash And Short Term Investments	27.8M	36.6M	41.2M	62.2M	66.4M	44.9M
Net Receivables	453.7M	356M	416.1M	384.1M	430.7M	326.2M
Good Will	718.6M	827.4M	802.5M	671.5M	590M	450.5M
Liabilities And Stockholders Equity	2.8B	3.0B	3.1B	2.8B	2.6B	1.8B
Non Current Liabilities Total	1.4B	1.7B	1.5B	1.4B	1.3B	957.4M
Inventory	283.3M	305.1M	428M	395.2M	327.5M	235.0M
Other Current Assets	41.2M	30.5M	39.6M	40.8M	30.8M	27.2M
Other Stockholder Equity	1.9B	1.8B	1.9B	1.9B	1.9B	1.2B
Total Liab	2.0B	2.3B	2.2B	2.0B	1.9B	1.3B
Property Plant And Equipment Gross	369M	330.6M	656.4M	589.2M	690.6M	725.1M
Total Current Assets	806M	728.2M	924.9M	882.3M	855.4M	651.6M
Accumulated Other Comprehensive Income	(505.7M)	(564.2M)	(535.5M)	(540.3M)	(526.3M)	(500.0M)
Short Term Debt	55M	121.7M	91.8M	102.4M	77.7M	61.9M
Other Liab	559.1M	618M	474.8M	383.9M	441.5M	282.4M
Other Assets	136.4M	185.5M	141.9M	120M	138M	134.6M
Intangible Assets	758.6M	977M	902.2M	847M	815.7M	564.5M
Property Plant Equipment	267.1M	241.4M	319.8M	185.1M	212.9M	243.9M
Long Term Debt	777.2M	1.1B	954.1M	936.5M	882.2M	910.2M
Treasury Stock	(38.2M)	(39.9M)	(40.9M)	(43.4M)	(39.1M)	(37.1M)
Net Tangible Assets	(703.5M)	(1.1B)	(839.9M)	(708.4M)	(637.6M)	(669.4M)
Retained Earnings Total Equity	(574.2M)	(537.3M)	(462M)	(504.4M)	(580.1M)	(609.1M)
Long Term Debt Total	777.2M	1.1B	954.1M	936.5M	1.1B	940.7M
Capital Surpluse	1.9B	1.9B	1.9B	1.9B	2.2B	2.1B
Deferred Long Term Liab	177.5M	170.6M	145.2M	144.1M	165.7M	171.6M

Pair Trading with Acco Brands

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 Acco Brands 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 Acco Brands will appreciate offsetting losses from the drop in the long position's value.

Moving together with Acco Stock

0.78

LegalZoom

Pair Corr

Moving against Acco Stock

0.68	MG	Mistras Group	Pair Corr
0.59	VCIG	VCI Global Limited Trending	Pair Corr
0.53	SMX	SMX Public Limited	Pair Corr
0.48	FCN	FTI Consulting	Pair Corr
0.45	FC	Franklin Covey	Pair Corr

The ability to find closely correlated positions to Acco Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acco Brands 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 Acco Brands - 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 Acco Brands to buy it.

The correlation of Acco Brands 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 Acco Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acco Brands 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 Acco Brands 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 Correlation Correlation Matching

When determining whether Acco Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acco Brands' 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 Acco Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acco Brands Stock:

How To Invest In Acco

Details

Is Acco Stock a good investment?

Details

What is Acco Brands' Net Worth?

Details

Largest Commercial Services & Supplies Companies

View

Largest Commercial & Professional Services Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acco Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Acco Stock, please use our How to Invest in Acco Brands guide.

You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Is Commercial Services & Supplies 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 Acco Brands. If investors know Acco 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 Acco Brands 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

(0.40)

Dividend Share

0.3

Earnings Share

(1.90)

Revenue Per Share

17.769

Quarterly Revenue Growth

(0.06)

The market value of Acco Brands is measured differently than its book value, which is the value of Acco that is recorded on the company's balance sheet. Investors also form their own opinion of Acco Brands' value that differs from its market value or its book value, called intrinsic value, which is Acco Brands' 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 Acco Brands' market value can be influenced by many factors that don't directly affect Acco Brands' 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 Acco Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acco Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acco Brands' 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.

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Acco Gross Profit vs Operating Income Analysis

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

Correlation Coefficient

Gross Profit

Operating Income

Acco Brands fundamental ratios Correlations

Acco Brands Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Acco Brands fundamental ratios Accounts

Pair Trading with Acco Brands

Moving together with Acco Stock

Moving against Acco Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Good Will	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total
Good Will	+ 0.98	Total Assets

Non Currrent Assets Other	- 0.81	Retained Earnings
Other Stockholder Equity	- 0.75	Common Stock Total Equity
Total Current Assets	- 0.74	Common Stock Total Equity
Common Stock Total Equity	- 0.71	Cash And Short Term Investments
Common Stock Total Equity	- 0.71	Cash
Common Stock Total Equity	- 0.71	Short Long Term Debt Total