ACV Gross Profit from 2010 to 2024

ACVA Stock  USD 22.39  0.57  2.48%   
ACV Auctions' Gross Profit is increasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about 152.8 M. Gross Profit is the profit ACV Auctions makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2018-12-31
Previous Quarter
72.9 M
Current Value
104.3 M
Quarterly Volatility
25 M
 
Covid
Check ACV Auctions financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ACV Auctions' main balance sheet or income statement drivers, such as Tax Provision of 407.7 K, Net Interest Income of 15.7 M or Interest Income of 17.3 M, as well as many indicators such as Price To Sales Ratio of 4.78, Dividend Yield of 0.0 or PTB Ratio of 5.57. ACV financial statements analysis is a perfect complement when working with ACV Auctions Valuation or Volatility modules.
  
Check out the analysis of ACV Auctions Correlation against competitors.
For information on how to trade ACV Stock refer to our How to Trade ACV Stock guide.

Latest ACV Auctions' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of ACV Auctions over the last few years. Gross profit is a required income statement account that reflects total revenue of ACV Auctions minus its cost of goods sold. It is profit before ACV Auctions operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. ACV Auctions' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ACV Auctions' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 48.35 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

ACV Gross Profit Regression Statistics

Arithmetic Mean70,944,887
Geometric Mean45,052,530
Coefficient Of Variation104.26
Mean Deviation62,501,182
Median24,069,000
Standard Deviation73,969,313
Sample Variance5471.5T
Range212.7M
R-Value0.80
Mean Square Error2103.1T
R-Squared0.64
Significance0.0003
Slope13,263,743
Total Sum of Squares76600.4T

ACV Gross Profit History

2024152.8 M
2023236.8 M
2022184.9 M
2021153.7 M
202095.3 M

Other Fundumenentals of ACV Auctions

ACV Auctions Gross Profit component correlations

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About ACV Auctions Financial Statements

ACV Auctions stakeholders use historical fundamental indicators, such as ACV Auctions' Gross Profit, to determine how well the company is positioned to perform in the future. Although ACV Auctions investors may analyze each financial statement separately, they are all interrelated. For example, changes in ACV Auctions' assets and liabilities are reflected in the revenues and expenses on ACV Auctions' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ACV Auctions. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit236.8 M152.8 M
Gross Profit Margin 0.49  0.32 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ACV Auctions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACV Auctions' 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 Acv Auctions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acv Auctions Stock:
Check out the analysis of ACV Auctions Correlation against competitors.
For information on how to trade ACV Stock refer to our How to Trade ACV Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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 ACV Auctions. If investors know ACV 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 ACV Auctions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.47)
Revenue Per Share
3.644
Quarterly Revenue Growth
0.44
Return On Assets
(0.05)
Return On Equity
(0.17)
The market value of ACV Auctions is measured differently than its book value, which is the value of ACV that is recorded on the company's balance sheet. Investors also form their own opinion of ACV Auctions' value that differs from its market value or its book value, called intrinsic value, which is ACV Auctions' 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 ACV Auctions' market value can be influenced by many factors that don't directly affect ACV Auctions' 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 ACV Auctions' value and its price as these two are different measures arrived at by different means. Investors typically determine if ACV Auctions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACV Auctions' 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.