Sunnova Gross Profit from 2010 to 2024

NOVA Stock  USD 4.90  0.53  12.13%   
Sunnova Energy's Gross Profit is increasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about 151.5 M. Gross Profit is the profit Sunnova Energy International 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
2018-03-31
Previous Quarter
106.2 M
Current Value
113.9 M
Quarterly Volatility
28.7 M
 
Covid
Check Sunnova Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sunnova Energy's main balance sheet or income statement drivers, such as Interest Income of 121.7 M, Depreciation And Amortization of 95.8 M or Interest Expense of 390.5 M, as well as many indicators such as Price To Sales Ratio of 2.38, Dividend Yield of 0.0 or PTB Ratio of 2.3. Sunnova financial statements analysis is a perfect complement when working with Sunnova Energy Valuation or Volatility modules.
  
Check out the analysis of Sunnova Energy Correlation against competitors.

Latest Sunnova Energy's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Sunnova Energy International over the last few years. Gross profit is a required income statement account that reflects total revenue of Sunnova Energy International minus its cost of goods sold. It is profit before Sunnova Energy 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. Sunnova Energy's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sunnova Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 299.31 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Sunnova Gross Profit Regression Statistics

Arithmetic Mean97,486,990
Geometric Mean78,960,065
Coefficient Of Variation77.79
Mean Deviation57,170,518
Median49,516,000
Standard Deviation75,838,356
Sample Variance5751.5T
Range243.6M
R-Value0.78
Mean Square Error2467.8T
R-Squared0.60
Significance0.0007
Slope13,152,868
Total Sum of Squares80520.4T

Sunnova Gross Profit History

2024151.5 M
2023293.2 M
2022230.6 M
2021143.4 M
202095.6 M
201984.1 M
201867.7 M

Other Fundumenentals of Sunnova Energy Inter

Sunnova Energy Gross Profit component correlations

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About Sunnova Energy Financial Statements

Sunnova Energy stakeholders use historical fundamental indicators, such as Sunnova Energy's Gross Profit, to determine how well the company is positioned to perform in the future. Although Sunnova Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sunnova Energy's assets and liabilities are reflected in the revenues and expenses on Sunnova Energy'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 Sunnova Energy International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit293.2 M151.5 M
Gross Profit Margin 0.41  0.62 

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When determining whether Sunnova Energy Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunnova Energy's 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 Sunnova Energy International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunnova Energy International Stock:
Check out the analysis of Sunnova Energy Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Independent Power and Renewable Electricity Producers 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 Sunnova Energy. If investors know Sunnova 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 Sunnova Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.38)
Revenue Per Share
6.552
Quarterly Revenue Growth
0.186
Return On Assets
(0.01)
Return On Equity
(0.23)
The market value of Sunnova Energy Inter is measured differently than its book value, which is the value of Sunnova that is recorded on the company's balance sheet. Investors also form their own opinion of Sunnova Energy's value that differs from its market value or its book value, called intrinsic value, which is Sunnova Energy'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 Sunnova Energy's market value can be influenced by many factors that don't directly affect Sunnova Energy'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 Sunnova Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunnova Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunnova Energy'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.