Cars Gross Profit from 2010 to 2024

CARS Stock  USD 19.89  0.56  2.90%   
Cars Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 537.4 M in 2024. Gross Profit is the profit Cars Inc 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
2014-12-31
Previous Quarter
92.7 M
Current Value
148 M
Quarterly Volatility
14.3 M
 
Yuan Drop
 
Covid
Check Cars financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cars' main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.1 M, Interest Expense of 21.5 M or Selling General Administrative of 114.9 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.18 or PTB Ratio of 2.7. Cars financial statements analysis is a perfect complement when working with Cars Valuation or Volatility modules.
  
Check out the analysis of Cars Correlation against competitors.

Latest Cars' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Cars Inc over the last few years. Gross profit is a required income statement account that reflects total revenue of Cars Inc minus its cost of goods sold. It is profit before Cars 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. Cars' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cars' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 449.9 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Cars Gross Profit Regression Statistics

Arithmetic Mean456,431,760
Geometric Mean444,577,138
Coefficient Of Variation22.46
Mean Deviation88,743,808
Median503,242,000
Standard Deviation102,522,802
Sample Variance10510.9T
Range258.1M
R-Value0.83
Mean Square Error3433.7T
R-Squared0.70
Significance0.0001
Slope19,134,385
Total Sum of Squares147152.9T

Cars Gross Profit History

2024537.4 M
2023567 M
2022538.9 M
2021509.5 M
2020446 M
2019507.1 M
2018569.8 M

Other Fundumenentals of Cars Inc

Cars Gross Profit component correlations

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0.950.650.5-0.76-0.750.040.91-0.72-0.86-0.760.830.970.89-0.830.970.540.56-0.590.910.950.51-0.450.080.45
0.40.650.74-0.98-0.240.110.3-0.99-0.56-0.540.690.50.91-0.870.43-0.14-0.12-0.20.280.39-0.06-0.110.240.17
0.30.50.74-0.74-0.030.090.22-0.74-0.3-0.470.610.390.75-0.620.310.170.17-0.270.280.290.09-0.230.120.24
-0.55-0.76-0.98-0.740.36-0.13-0.440.990.660.63-0.8-0.64-0.970.93-0.570.01-0.020.32-0.43-0.53-0.040.22-0.23-0.23
-0.81-0.75-0.24-0.030.360.44-0.810.340.670.74-0.35-0.82-0.50.53-0.81-0.55-0.630.68-0.8-0.82-0.340.63-0.14-0.27
0.050.040.110.09-0.130.440.02-0.05-0.090.330.430.00.08-0.040.01-0.25-0.320.46-0.050.00.260.54-0.41-0.25
0.980.910.30.22-0.44-0.810.02-0.39-0.81-0.660.640.940.63-0.590.980.70.7-0.580.980.990.69-0.44-0.090.42
-0.48-0.72-0.99-0.740.990.34-0.05-0.390.610.63-0.72-0.58-0.950.9-0.520.050.020.3-0.37-0.470.010.22-0.25-0.23
-0.84-0.86-0.56-0.30.660.67-0.09-0.810.610.49-0.67-0.83-0.740.86-0.84-0.38-0.410.45-0.75-0.83-0.240.34-0.26-0.3
-0.69-0.76-0.54-0.470.630.740.33-0.660.630.49-0.56-0.74-0.710.58-0.71-0.32-0.380.62-0.7-0.7-0.430.560.15-0.31
0.740.830.690.61-0.8-0.350.430.64-0.72-0.67-0.560.80.86-0.770.740.30.3-0.350.660.720.42-0.23-0.010.26
0.980.970.50.39-0.64-0.820.00.94-0.58-0.83-0.740.80.79-0.750.970.640.67-0.630.950.980.55-0.520.060.37
0.710.890.910.75-0.97-0.50.080.63-0.95-0.74-0.710.860.79-0.940.740.240.26-0.460.630.710.22-0.350.210.35
-0.68-0.83-0.87-0.620.930.53-0.04-0.590.90.860.58-0.77-0.75-0.94-0.69-0.18-0.230.47-0.57-0.670.00.39-0.41-0.28
0.990.970.430.31-0.57-0.810.010.98-0.52-0.84-0.710.740.970.74-0.690.660.66-0.60.981.00.63-0.460.00.46
0.660.54-0.140.170.01-0.55-0.250.70.05-0.38-0.320.30.640.24-0.180.660.98-0.630.780.690.56-0.560.160.52
0.680.56-0.120.17-0.02-0.63-0.320.70.02-0.41-0.380.30.670.26-0.230.660.98-0.710.790.70.49-0.660.20.46
-0.56-0.59-0.2-0.270.320.680.46-0.580.30.450.62-0.35-0.63-0.460.47-0.6-0.63-0.71-0.66-0.6-0.110.98-0.36-0.63
0.970.910.280.28-0.43-0.8-0.050.98-0.37-0.75-0.70.660.950.63-0.570.980.780.79-0.660.980.69-0.54-0.050.49
1.00.950.390.29-0.53-0.820.00.99-0.47-0.83-0.70.720.980.71-0.671.00.690.7-0.60.980.64-0.46-0.010.4
0.640.51-0.060.09-0.04-0.340.260.690.01-0.24-0.430.420.550.220.00.630.560.49-0.110.690.640.03-0.650.17
-0.43-0.45-0.11-0.230.220.630.54-0.440.220.340.56-0.23-0.52-0.350.39-0.46-0.56-0.660.98-0.54-0.460.03-0.41-0.55
-0.030.080.240.12-0.23-0.14-0.41-0.09-0.25-0.260.15-0.010.060.21-0.410.00.160.2-0.36-0.05-0.01-0.65-0.410.31
0.340.450.170.24-0.23-0.27-0.250.42-0.23-0.3-0.310.260.370.35-0.280.460.520.46-0.630.490.40.17-0.550.31
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About Cars Financial Statements

Cars shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Cars investors may analyze each financial statement separately, they are all interrelated. The changes in Cars' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cars' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit567 M537.4 M
Gross Profit Margin 0.82  0.66 

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Additional Tools for Cars Stock Analysis

When running Cars' price analysis, check to measure Cars' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cars is operating at the current time. Most of Cars' value examination focuses on studying past and present price action to predict the probability of Cars' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cars' price. Additionally, you may evaluate how the addition of Cars to your portfolios can decrease your overall portfolio volatility.