Planet Income Before Tax from 2010 to 2024

PL Stock  USD 3.82  0.14  3.80%   
Planet Labs Income Before Tax yearly trend continues to be quite stable with very little volatility. The value of Income Before Tax is projected to decrease to about -146.7 M. From the period between 2010 and 2024, Planet Labs, Income Before Tax regression line of its data series had sample variance of 127.9 T and sample variance of 127.9 T. View All Fundamentals
 
Income Before Tax  
First Reported
2010-12-31
Previous Quarter
-139.7 M
Current Value
-146.7 M
Quarterly Volatility
11.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Planet Labs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet Labs' main balance sheet or income statement drivers, such as Tax Provision of 1.1 M, Net Interest Income of 16.2 M or Interest Income of 11.6 M, as well as many indicators such as Price To Sales Ratio of 2.72, Dividend Yield of 0.0 or PTB Ratio of 1.16. Planet financial statements analysis is a perfect complement when working with Planet Labs Valuation or Volatility modules.
  
Check out the analysis of Planet Labs Correlation against competitors.

Latest Planet Labs' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Planet Labs PBC over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Planet Labs income statement and is an important metric when analyzing Planet Labs PBC 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 Planet Labs' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Planet Labs' 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  

Planet Income Before Tax Regression Statistics

Arithmetic Mean(129,625,047)
Coefficient Of Variation(8.73)
Mean Deviation8,534,068
Median(123,584,000)
Standard Deviation11,310,512
Sample Variance127.9T
Range37.5M
R-Value(0.70)
Mean Square Error69.3T
R-Squared0.50
Significance0
Slope(1,782,342)
Total Sum of Squares1791T

Planet Income Before Tax History

2024-146.7 M
2023-139.7 M
2022-161.1 M
2021-135 M
2020-126 M

About Planet Labs Financial Statements

Planet Labs investors utilize fundamental indicators, such as Income Before Tax, to predict how Planet Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax-139.7 M-146.7 M

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Check out the analysis of Planet Labs Correlation against competitors.
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Is Industrial Machinery & Supplies & Components 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 Planet Labs. If investors know Planet 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 Planet Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.47)
Revenue Per Share
0.82
Quarterly Revenue Growth
0.136
Return On Assets
(0.13)
Return On Equity
(0.27)
The market value of Planet Labs PBC is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Labs' value that differs from its market value or its book value, called intrinsic value, which is Planet Labs' 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 Planet Labs' market value can be influenced by many factors that don't directly affect Planet Labs' 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 Planet Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Labs' 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.