Open Gross Profit from 2010 to 2024

OTEX Stock

USD 29.45 0.27 0.93%

Open Text Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Open Text 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

1995-12-31

Previous Quarter

858.1 M

Current Value

910.4 M

Quarterly Volatility

265.6 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Open Text financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Open Text's main balance sheet or income statement drivers, such as Interest Expense of 593.6 M, Total Revenue of 6.1 B or Gross Profit of 4.4 B, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.0344 or PTB Ratio of 3.16. Open financial statements analysis is a perfect complement when working with Open Text Valuation or Volatility modules.

Check out the analysis of Open Text Correlation against competitors.

Latest Open Text's Gross Profit Growth Pattern

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

View

Last Reported 3.39 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Open Gross Profit Regression Statistics

	Arithmetic Mean	1,951,338,493
	Geometric Mean	1,292,303,709
	Coefficient Of Variation	62.85
	Mean Deviation	925,496,325
	Median	1,863,830,000
	Standard Deviation	1,226,365,127
	Sample Variance	1503971.4T
	Range	4.4B
	R-Value	0.95
	Mean Square Error	143667T
	R-Squared	0.91
	Slope	261,779,135
	Total Sum of Squares	21055600T

Open Gross Profit History

	2024	4.4 B
	2023	4.2 B
	2022	3.2 B
	2021	2.4 B
	2020	2.4 B
	2019	2.1 B
	2018	1.9 B

Other Fundumenentals of Open Text Corp

Gross Profit Margin

Open Text Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Short Term Investments	Intangible Assets	Good Will	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Total Permanent Equity	Deferred Long Term Liab	Treasury Stock	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.89	0.96	0.86	0.09	0.97	0.98	0.89	0.49	-0.39	0.94	1.0	0.94	0.92	0.47	0.98	0.85	0.81	-0.78	-0.9	0.93	0.72	0.74	-0.62	0.89	-0.21	0.86
Total Stockholder Equity	0.89		0.74	1.0	0.28	0.92	0.79	0.88	0.42	-0.5	0.73	0.86	0.98	0.91	0.46	0.79	0.95	0.55	-0.67	-0.61	0.73	0.88	0.56	-0.76	0.61	0.19	0.63
Net Debt	0.96	0.74		0.7	0.05	0.91	0.99	0.76	0.48	-0.27	0.98	0.97	0.83	0.82	0.45	0.99	0.72	0.88	-0.72	-0.96	0.94	0.56	0.74	-0.47	0.95	-0.44	0.89
Retained Earnings	0.86	1.0	0.7		0.29	0.9	0.76	0.86	0.42	-0.47	0.7	0.83	0.96	0.88	0.47	0.76	0.96	0.5	-0.64	-0.57	0.68	0.89	0.52	-0.77	0.57	0.24	0.58
Accounts Payable	0.09	0.28	0.05	0.29		0.25	0.01	-0.14	-0.13	-0.51	0.14	0.06	0.19	0.09	0.15	0.0	0.25	0.0	0.06	0.04	-0.04	0.33	-0.19	-0.07	-0.11	0.02	-0.16
Net Receivables	0.97	0.92	0.91	0.9	0.25		0.93	0.85	0.47	-0.5	0.92	0.96	0.94	0.92	0.48	0.93	0.87	0.77	-0.67	-0.82	0.86	0.79	0.63	-0.67	0.79	-0.17	0.74
Total Liab	0.98	0.79	0.99	0.76	0.01	0.93		0.84	0.49	-0.32	0.96	0.99	0.88	0.87	0.44	1.0	0.77	0.87	-0.77	-0.95	0.95	0.62	0.76	-0.53	0.94	-0.35	0.9
Total Current Assets	0.89	0.88	0.76	0.86	-0.14	0.85	0.84		0.5	-0.4	0.71	0.88	0.9	0.87	0.44	0.84	0.83	0.6	-0.77	-0.69	0.78	0.76	0.62	-0.68	0.72	0.11	0.74
Short Term Debt	0.49	0.42	0.48	0.42	-0.13	0.47	0.49	0.5		-0.16	0.53	0.44	0.41	0.3	0.55	0.45	0.38	0.3	-0.19	-0.37	0.31	0.38	0.11	-0.01	0.52	-0.05	0.26
Short Term Investments	-0.39	-0.5	-0.27	-0.47	-0.51	-0.5	-0.32	-0.4	-0.16		-0.34	-0.37	-0.44	-0.44	-0.29	-0.3	-0.31	-0.24	0.45	0.21	-0.24	-0.51	-0.03	0.23	-0.18	-0.02	-0.17
Intangible Assets	0.94	0.73	0.98	0.7	0.14	0.92	0.96	0.71	0.53	-0.34		0.94	0.8	0.79	0.52	0.96	0.7	0.85	-0.65	-0.93	0.88	0.58	0.65	-0.46	0.92	-0.47	0.8
Good Will	1.0	0.86	0.97	0.83	0.06	0.96	0.99	0.88	0.44	-0.37	0.94		0.93	0.92	0.42	0.99	0.83	0.84	-0.79	-0.92	0.95	0.68	0.77	-0.6	0.9	-0.25	0.9
Common Stock	0.94	0.98	0.83	0.96	0.19	0.94	0.88	0.9	0.41	-0.44	0.8	0.93		0.94	0.42	0.88	0.94	0.65	-0.76	-0.74	0.84	0.8	0.7	-0.69	0.73	0.07	0.77
Property Plant Equipment	0.92	0.91	0.82	0.88	0.09	0.92	0.87	0.87	0.3	-0.44	0.79	0.92	0.94		0.31	0.87	0.87	0.72	-0.77	-0.78	0.86	0.75	0.8	-0.73	0.71	-0.05	0.78
Current Deferred Revenue	0.47	0.46	0.45	0.47	0.15	0.48	0.44	0.44	0.55	-0.29	0.52	0.42	0.42	0.31		0.46	0.39	0.03	-0.41	-0.24	0.16	0.51	-0.06	-0.28	0.49	0.13	0.16
Long Term Debt	0.98	0.79	0.99	0.76	0.0	0.93	1.0	0.84	0.45	-0.3	0.96	0.99	0.88	0.87	0.46		0.77	0.85	-0.78	-0.95	0.95	0.62	0.76	-0.56	0.94	-0.34	0.91
Total Permanent Equity	0.85	0.95	0.72	0.96	0.25	0.87	0.77	0.83	0.38	-0.31	0.7	0.83	0.94	0.87	0.39	0.77		0.54	-0.6	-0.61	0.73	0.84	0.6	-0.75	0.59	0.16	0.62
Deferred Long Term Liab	0.81	0.55	0.88	0.5	0.0	0.77	0.87	0.6	0.3	-0.24	0.85	0.84	0.65	0.72	0.03	0.85	0.54		-0.55	-0.95	0.94	0.36	0.76	-0.37	0.8	-0.66	0.86
Treasury Stock	-0.78	-0.67	-0.72	-0.64	0.06	-0.67	-0.77	-0.77	-0.19	0.45	-0.65	-0.79	-0.76	-0.77	-0.41	-0.78	-0.6	-0.55		0.7	-0.73	-0.54	-0.7	0.45	-0.74	0.04	-0.82
Net Tangible Assets	-0.9	-0.61	-0.96	-0.57	0.04	-0.82	-0.95	-0.69	-0.37	0.21	-0.93	-0.92	-0.74	-0.78	-0.24	-0.95	-0.61	-0.95	0.7		-0.97	-0.43	-0.81	0.38	-0.93	0.57	-0.94
Long Term Debt Total	0.93	0.73	0.94	0.68	-0.04	0.86	0.95	0.78	0.31	-0.24	0.88	0.95	0.84	0.86	0.16	0.95	0.73	0.94	-0.73	-0.97		0.51	0.87	-0.52	0.87	-0.41	0.95
Capital Surpluse	0.72	0.88	0.56	0.89	0.33	0.79	0.62	0.76	0.38	-0.51	0.58	0.68	0.8	0.75	0.51	0.62	0.84	0.36	-0.54	-0.43	0.51		0.31	-0.77	0.49	0.23	0.43
Long Term Investments	0.74	0.56	0.74	0.52	-0.19	0.63	0.76	0.62	0.11	-0.03	0.65	0.77	0.7	0.8	-0.06	0.76	0.6	0.76	-0.7	-0.81	0.87	0.31		-0.38	0.71	-0.25	0.89
Short Long Term Debt	-0.62	-0.76	-0.47	-0.77	-0.07	-0.67	-0.53	-0.68	-0.01	0.23	-0.46	-0.6	-0.69	-0.73	-0.28	-0.56	-0.75	-0.37	0.45	0.38	-0.52	-0.77	-0.38		-0.32	-0.19	-0.4
Net Invested Capital	0.89	0.61	0.95	0.57	-0.11	0.79	0.94	0.72	0.52	-0.18	0.92	0.9	0.73	0.71	0.49	0.94	0.59	0.8	-0.74	-0.93	0.87	0.49	0.71	-0.32		-0.43	0.9
Net Working Capital	-0.21	0.19	-0.44	0.24	0.02	-0.17	-0.35	0.11	-0.05	-0.02	-0.47	-0.25	0.07	-0.05	0.13	-0.34	0.16	-0.66	0.04	0.57	-0.41	0.23	-0.25	-0.19	-0.43		-0.37
Capital Stock	0.86	0.63	0.89	0.58	-0.16	0.74	0.9	0.74	0.26	-0.17	0.8	0.9	0.77	0.78	0.16	0.91	0.62	0.86	-0.82	-0.94	0.95	0.43	0.89	-0.4	0.9	-0.37

Click cells to compare fundamentals

About Open Text Financial Statements

Open Text investors use historical fundamental indicators, such as Open Text's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Open Text. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	4.2 B	4.4 B
Gross Profit Margin	0.73	0.79

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for Open Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC