Cars Gross Profit Margin from 2010 to 2024

CARS Stock  USD 19.89  0.56  2.90%   
Cars Gross Profit Margin yearly trend continues to be comparatively stable with very little volatility. Gross Profit Margin will likely drop to 0.66 in 2024. From the period from 2010 to 2024, Cars Gross Profit Margin quarterly data regression had r-value of  0.23 and coefficient of variation of  7.35. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.82268135
Current Value
0.66
Quarterly Volatility
0.05816638
 
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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 Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Cars Inc over the last few years. It is Cars' Gross Profit Margin 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.
Gross Profit Margin10 Years Trend
Pretty Stable
   Gross Profit Margin   
       Timeline  

Cars Gross Profit Margin Regression Statistics

Arithmetic Mean0.79
Geometric Mean0.79
Coefficient Of Variation7.35
Mean Deviation0.05
Median0.80
Standard Deviation0.06
Sample Variance0
Range0.2353
R-Value0.23
Mean Square Error0
R-Squared0.05
Significance0.42
Slope0
Total Sum of Squares0.05

Cars Gross Profit Margin History

2024 0.66
2021 0.82
2020 0.81
2019 0.84
2018 0.86
2017 0.9
2016 0.79

About Cars Financial Statements

Cars shareholders use historical fundamental indicators, such as Gross Profit Margin, 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 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.