OceanFirst Gross Profit from 2010 to 2024

OCFC Stock  USD 20.14  0.16  0.80%   
OceanFirst Financial's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 672.9 M this year. Gross Profit is the profit OceanFirst Financial Corp 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
1996-06-30
Previous Quarter
158.9 M
Current Value
83.4 M
Quarterly Volatility
34.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OceanFirst Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OceanFirst Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.2 M, Interest Expense of 250.2 M or Selling General Administrative of 154.3 M, as well as many indicators such as Price To Sales Ratio of 2.52, Dividend Yield of 0.0274 or PTB Ratio of 0.59. OceanFirst financial statements analysis is a perfect complement when working with OceanFirst Financial Valuation or Volatility modules.
  
Check out the analysis of OceanFirst Financial Correlation against competitors.

Latest OceanFirst Financial's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of OceanFirst Financial Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of OceanFirst Financial Corp minus its cost of goods sold. It is profit before OceanFirst Financial 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. OceanFirst Financial's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OceanFirst Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 428.8 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

OceanFirst Gross Profit Regression Statistics

Arithmetic Mean231,708,523
Geometric Mean135,944,320
Coefficient Of Variation88.97
Mean Deviation159,562,228
Median164,493,000
Standard Deviation206,157,110
Sample Variance42500.8T
Range670.6M
R-Value0.91
Mean Square Error7461.9T
R-Squared0.84
Slope42,173,350
Total Sum of Squares595010.6T

OceanFirst Gross Profit History

2024672.9 M
2023640.9 M
2022388.2 M
2021310.7 M
2020322.1 M
2019252.3 M
2018231.4 M

Other Fundumenentals of OceanFirst Financial Corp

OceanFirst Financial Gross Profit component correlations

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1.00.310.940.960.680.230.260.860.990.760.690.74-0.02-0.420.931.00.960.920.19-0.890.910.640.91
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0.720.680.770.810.810.170.450.450.680.950.310.17-0.27-0.680.580.680.620.55-0.09-0.530.550.810.64
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About OceanFirst Financial Financial Statements

OceanFirst Financial stakeholders use historical fundamental indicators, such as OceanFirst Financial's Gross Profit, to determine how well the company is positioned to perform in the future. Although OceanFirst Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in OceanFirst Financial's assets and liabilities are reflected in the revenues and expenses on OceanFirst Financial'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 OceanFirst Financial Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit640.9 M672.9 M
Gross Profit Margin 1.66  1.74 

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When determining whether OceanFirst Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OceanFirst Financial'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 Oceanfirst Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceanfirst Financial Corp Stock:
Check out the analysis of OceanFirst Financial Correlation against competitors.
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Is Regional Banks 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 OceanFirst Financial. If investors know OceanFirst 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 OceanFirst Financial 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
0.258
Dividend Share
0.8
Earnings Share
1.75
Revenue Per Share
6.515
Quarterly Revenue Growth
0.054
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial'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 OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial'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 OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanFirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial'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.