EMC Corporation (NYSE:EMC) Utilities Stock Business Roundup (Recap)

EMC Corporation vs Industry Leaders:

The company is ranked 6^th among its industry peers by long term growth rate of 29 percent. The company’s ranked 1^st among 29 Data Storage Devices Companies by market capitalization. The company maintains the market capitalization of $58.18 billion in its industry.

1^st Quarter 2012 Financial Results:

Revenue:

EMC Corporation (NYSE:EMC) reported the revenue of $5.09 billion for the quarter ended March 31^st, 2012 as compared to revenue of $4.60 billion for the same period last year.

Net Income 2012 vs Net Income 2011:

EMC Corporation (NYSE:EMC) reported the net profit of $586.84 million or earnings of $0.26 per share for the respective quarter as compared to net income of $477.15 million or earnings of $0.22 per share last year.

Balance Sheet:

The company’s total assets accumulate up to $33.98 billion with highest proportion of current assets in its composition. The company maintains strong short term liquidity position as per its current ratio of 1.27 times. Its total liabilities stand at $13.92 billion as compared to its total equity of $20.05 billion.

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).