EMC Corporation (NYSE:EMC) Tech Stock Beats 36 Competitors By Market Capitalization

Industry Analysis

EMC Corporation (NYSE:EMC) is ranked 3rd among 39 personal services companies by market capitalization which stands at $5.39 billion. The company maintains the long term growth rate of 15.50 percent which also ranks it 2nd among its industry peers.

1st Quarter 2012 Results:

Weig EMC Corporation (NYSE:EMC) reported its total turnover to $5.09 billion for the quarter ended March 31st, 2012 as compared to revenue of $4.60 billion for the same period last year. The company’s net profit also substantially increased to $586.84 million or earnings of $0.28 per share for the respective quarter as compared to net income of $477.15 million or earnings of $0.22 per share last year.

The company’s total assets accumulate up to $33.98 billion out of which fixed assets have the highest proportion. The company seems to be highly leveraged as its equity stands in negative zone. The company also maintains weak short term liquidity position as per its current ratio of 1.27 times.

EMC Corporation’s Competitors:

Honeywell Intl. Inc. (NYSE:HON), General Electric Company (NYSE:GE), The Boeing Company (NYSE:BA), Goodrich Corporation (NYSE:GR), and Northrop Grumman Corp. (NYSE:NOC).

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