Biote Gross Profit from 2010 to 2024

BTMD Stock  USD 6.34  0.36  6.02%   
Biote Corp's Gross Profit is increasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about 102.6 M. Gross Profit is the profit biote Corp 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
2010-12-31
Previous Quarter
127.5 M
Current Value
102.6 M
Quarterly Volatility
20.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Biote Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Biote Corp's main balance sheet or income statement drivers, such as Tax Provision of 6.2 M, Depreciation And Amortization of 1.9 M or Interest Expense of 3.9 M, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.065 or Days Sales Outstanding of 11.3. Biote financial statements analysis is a perfect complement when working with Biote Corp Valuation or Volatility modules.
  
Check out the analysis of Biote Corp Correlation against competitors.
For information on how to trade Biote Stock refer to our How to Trade Biote Stock guide.

Latest Biote Corp's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of biote Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of biote Corp minus its cost of goods sold. It is profit before Biote Corp 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. Biote Corp's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Biote Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 90.58 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Biote Gross Profit Regression Statistics

Arithmetic Mean77,788,112
Geometric Mean75,790,208
Coefficient Of Variation25.81
Mean Deviation15,989,364
Median66,411,000
Standard Deviation20,079,845
Sample Variance403.2T
Range61.1M
R-Value0.76
Mean Square Error185.1T
R-Squared0.57
Significance0
Slope3,400,596
Total Sum of Squares5644.8T

Biote Gross Profit History

2024102.6 M
2023127.5 M
2022110.4 M
202190.6 M
202071.6 M

Other Fundumenentals of biote Corp

Biote Corp Gross Profit component correlations

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-0.030.93-0.881.00.20.04-0.29-0.03-0.120.27-0.33-0.24-0.32-0.06-0.18-0.120.25
-0.350.93-0.670.93-0.05-0.27-0.58-0.35-0.44-0.03-0.6-0.53-0.59-0.38-0.51-0.440.55
-0.33-0.88-0.67-0.88-0.47-0.39-0.07-0.32-0.28-0.570.01-0.11-0.06-0.32-0.22-0.260.19
-0.031.00.93-0.880.20.04-0.29-0.03-0.130.27-0.33-0.24-0.32-0.06-0.19-0.130.25
0.750.2-0.05-0.470.20.770.670.770.710.850.720.280.660.810.680.76-0.7
0.960.04-0.27-0.390.040.770.910.980.970.960.760.510.930.980.910.96-0.93
0.96-0.29-0.58-0.07-0.290.670.910.960.960.80.930.70.990.960.970.98-0.94
1.0-0.03-0.35-0.32-0.030.770.980.960.980.920.870.640.950.990.960.99-0.93
0.97-0.12-0.44-0.28-0.130.710.970.960.980.890.840.670.970.990.970.99-0.98
0.90.27-0.03-0.570.270.850.960.80.920.890.670.370.810.930.810.89-0.83
0.89-0.33-0.60.01-0.330.720.760.930.870.840.670.720.880.880.910.9-0.82
0.7-0.24-0.53-0.11-0.240.280.510.70.640.670.370.720.630.630.810.68-0.65
0.94-0.32-0.59-0.06-0.320.660.930.990.950.970.810.880.630.960.950.97-0.97
0.99-0.06-0.38-0.32-0.060.810.980.960.990.990.930.880.630.960.961.0-0.96
0.97-0.18-0.51-0.22-0.190.680.910.970.960.970.810.910.810.950.960.98-0.95
0.99-0.12-0.44-0.26-0.130.760.960.980.990.990.890.90.680.971.00.98-0.96
-0.920.250.550.190.25-0.7-0.93-0.94-0.93-0.98-0.83-0.82-0.65-0.97-0.96-0.95-0.96
Click cells to compare fundamentals

About Biote Corp Financial Statements

Biote Corp stakeholders use historical fundamental indicators, such as Biote Corp's Gross Profit, to determine how well the company is positioned to perform in the future. Although Biote Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Biote Corp's assets and liabilities are reflected in the revenues and expenses on Biote Corp's 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 biote Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit127.5 M102.6 M
Gross Profit Margin 0.69  0.52 

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When determining whether biote Corp is a strong investment it is important to analyze Biote Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Biote Corp's future performance. For an informed investment choice regarding Biote Stock, refer to the following important reports:
Check out the analysis of Biote Corp Correlation against competitors.
For information on how to trade Biote Stock refer to our How to Trade Biote Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Health Care Equipment & 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 Biote Corp. If investors know Biote 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 Biote Corp 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
0.375
Earnings Share
0.3
Revenue Per Share
5.767
Quarterly Revenue Growth
0.128
Return On Assets
0.1816
The market value of biote Corp is measured differently than its book value, which is the value of Biote that is recorded on the company's balance sheet. Investors also form their own opinion of Biote Corp's value that differs from its market value or its book value, called intrinsic value, which is Biote Corp's 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 Biote Corp's market value can be influenced by many factors that don't directly affect Biote Corp's 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 Biote Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biote Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biote Corp's 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.