Nextracker Income Before Tax from 2010 to 2024

NXT Stock   40.40  1.55  3.99%   
Nextracker Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Nextracker Income Before Tax quarterly data regression had r-value of  0.74 and coefficient of variation of  179.09. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
608 M
Current Value
638.4 M
Quarterly Volatility
214.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nextracker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextracker's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Selling General Administrative of 192.7 M or Selling And Marketing Expenses of 28.4 M, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.22 or PTB Ratio of 4.73. Nextracker financial statements analysis is a perfect complement when working with Nextracker Valuation or Volatility modules.
  
Check out the analysis of Nextracker Correlation against competitors.

Latest Nextracker's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Nextracker Class A over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Nextracker income statement and is an important metric when analyzing Nextracker Class A profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Nextracker's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nextracker's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Nextracker Income Before Tax Regression Statistics

Arithmetic Mean119,625,523
Geometric Mean7,277,535
Coefficient Of Variation179.09
Mean Deviation149,907,631
Median760,000
Standard Deviation214,233,388
Sample Variance45895.9T
Range637.6M
R-Value0.74
Mean Square Error22096.4T
R-Squared0.55
Significance0
Slope35,621,543
Total Sum of Squares642543.2T

Nextracker Income Before Tax History

2024638.4 M
2023608 M
2022169.1 M
202165.1 M
2020158 M
2019148.9 M

About Nextracker Financial Statements

Nextracker shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Nextracker investors may analyze each financial statement separately, they are all interrelated. The changes in Nextracker's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nextracker's 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
Income Before Tax608 M638.4 M

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Additional Tools for Nextracker Stock Analysis

When running Nextracker's price analysis, check to measure Nextracker's 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 Nextracker is operating at the current time. Most of Nextracker's value examination focuses on studying past and present price action to predict the probability of Nextracker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextracker's price. Additionally, you may evaluate how the addition of Nextracker to your portfolios can decrease your overall portfolio volatility.