Nice Gross Profit from 2010 to 2024

NICE Stock  USD 179.84  2.67  1.46%   
Nice's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 1.7 B this year. Gross Profit is the profit Nice Ltd ADR 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
1995-03-31
Previous Quarter
439.6 M
Current Value
460.3 M
Quarterly Volatility
126 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nice financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nice's main balance sheet or income statement drivers, such as Depreciation And Amortization of 175.7 M, Interest Expense of 4.7 M or Selling General Administrative of 264.9 M, as well as many indicators such as Price To Sales Ratio of 2.8, Dividend Yield of 0.0019 or PTB Ratio of 2.04. Nice financial statements analysis is a perfect complement when working with Nice Valuation or Volatility modules.
  
Check out the analysis of Nice Correlation against competitors.

Latest Nice's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Nice Ltd ADR over the last few years. Gross profit is a required income statement account that reflects total revenue of Nice Ltd ADR minus its cost of goods sold. It is profit before Nice 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. Nice's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nice's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.5 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Nice Gross Profit Regression Statistics

Arithmetic Mean905,308,583
Geometric Mean664,388,950
Coefficient Of Variation51.93
Mean Deviation377,625,156
Median863,479,000
Standard Deviation470,146,366
Sample Variance221037.6T
Range1.7B
R-Value0.97
Mean Square Error12624.5T
R-Squared0.95
Slope102,302,215
Total Sum of Squares3094526.5T

Nice Gross Profit History

20241.7 B
20231.6 B
20221.5 B
20211.3 B
20201.1 B
2019B
2018947.7 M

Other Fundumenentals of Nice Ltd ADR

Nice Gross Profit component correlations

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Click cells to compare fundamentals

About Nice Financial Statements

Nice stakeholders use historical fundamental indicators, such as Nice's Gross Profit, to determine how well the company is positioned to perform in the future. Although Nice investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nice's assets and liabilities are reflected in the revenues and expenses on Nice'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 Nice Ltd ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit1.6 B1.7 B
Gross Profit Margin 0.68  0.48 

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When determining whether Nice Ltd ADR is a strong investment it is important to analyze Nice'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 Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports:
Check out the analysis of Nice Correlation against competitors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Application Software 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 Nice. If investors know Nice 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 Nice 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
0.344
Earnings Share
6.48
Revenue Per Share
1.6083
Quarterly Revenue Growth
0.143
Return On Assets
0.0606
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice'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 Nice's market value can be influenced by many factors that don't directly affect Nice'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 Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice'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.