Rigel Gross Profit from 2010 to 2024

RIGL Stock  USD 26.70  0.61  2.34%   
Rigel Pharmaceuticals Gross Profit yearly trend continues to be quite stable with very little volatility. Gross Profit may rise above about 115.3 M this year. Gross Profit is the profit Rigel Pharmaceuticals 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
2000-03-31
Previous Quarter
34 M
Current Value
47.3 M
Quarterly Volatility
22.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rigel Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rigel Pharmaceuticals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 7.2 M or Total Revenue of 122.7 M, as well as many indicators such as Price To Sales Ratio of 2.05, Dividend Yield of 0.0 or Days Sales Outstanding of 63.95. Rigel financial statements analysis is a perfect complement when working with Rigel Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Rigel Pharmaceuticals Correlation against competitors.
For more information on how to buy Rigel Stock please use our How to buy in Rigel Stock guide.

Latest Rigel Pharmaceuticals' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Rigel Pharmaceuticals over the last few years. Gross profit is a required income statement account that reflects total revenue of Rigel Pharmaceuticals minus its cost of goods sold. It is profit before Rigel Pharmaceuticals 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. Rigel Pharmaceuticals' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rigel Pharmaceuticals' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 53.72 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Rigel Gross Profit Regression Statistics

Arithmetic Mean31,566,440
Coefficient Of Variation234.06
Mean Deviation64,139,136
Median10,890,000
Standard Deviation73,885,563
Sample Variance5459.1T
Range216.3M
R-Value0.77
Mean Square Error2356.7T
R-Squared0.60
Significance0.0007
Slope12,788,179
Total Sum of Squares76427.1T

Rigel Gross Profit History

2024115.3 M
2023109.8 M
2022118.5 M
2021148.2 M
2020107.7 M
201958.4 M
201844.2 M

Other Fundumenentals of Rigel Pharmaceuticals

Rigel Pharmaceuticals Gross Profit component correlations

0.81-0.24-0.01-0.13-0.09-0.140.990.16-0.01-0.11-0.210.910.140.46-0.210.350.160.2-0.09-0.170.09
0.81-0.620.4-0.41-0.6-0.690.85-0.1-0.32-0.28-0.70.940.160.81-0.610.620.680.63-0.56-0.610.44
-0.24-0.62-0.260.260.710.75-0.320.250.130.230.68-0.370.08-0.520.38-0.23-0.81-0.780.620.64-0.49
-0.010.4-0.26-0.48-0.6-0.690.04-0.35-0.89-0.26-0.570.310.50.83-0.880.790.650.59-0.46-0.550.33
-0.13-0.410.26-0.480.720.55-0.17-0.130.50.330.51-0.34-0.35-0.560.49-0.46-0.6-0.50.30.68-0.03
-0.09-0.60.71-0.60.720.9-0.150.160.470.20.93-0.41-0.26-0.720.68-0.52-0.92-0.840.790.92-0.6
-0.14-0.690.75-0.690.550.9-0.210.390.570.360.91-0.46-0.09-0.810.78-0.62-0.95-0.810.790.83-0.59
0.990.85-0.320.04-0.17-0.15-0.210.11-0.07-0.18-0.260.930.130.5-0.270.390.250.29-0.12-0.230.1
0.16-0.10.25-0.35-0.130.160.390.110.470.020.210.030.46-0.20.39-0.31-0.41-0.290.090.190.03
-0.01-0.320.13-0.890.50.470.57-0.070.470.330.41-0.28-0.32-0.670.88-0.78-0.6-0.520.160.50.0
-0.11-0.280.23-0.260.330.20.36-0.180.020.330.13-0.23-0.15-0.270.27-0.27-0.36-0.420.020.120.12
-0.21-0.70.68-0.570.510.930.91-0.260.210.410.13-0.54-0.25-0.750.73-0.56-0.87-0.810.880.89-0.78
0.910.94-0.370.31-0.34-0.41-0.460.930.03-0.28-0.23-0.540.290.71-0.530.60.460.49-0.39-0.440.33
0.140.160.080.5-0.35-0.26-0.090.130.46-0.32-0.15-0.250.290.44-0.360.340.10.34-0.21-0.240.3
0.460.81-0.520.83-0.56-0.72-0.810.5-0.2-0.67-0.27-0.750.710.44-0.830.790.770.69-0.63-0.70.48
-0.21-0.610.38-0.880.490.680.78-0.270.390.880.270.73-0.53-0.36-0.83-0.84-0.77-0.710.490.73-0.39
0.350.62-0.230.79-0.46-0.52-0.620.39-0.31-0.78-0.27-0.560.60.340.79-0.840.60.55-0.43-0.480.3
0.160.68-0.810.65-0.6-0.92-0.950.25-0.41-0.6-0.36-0.870.460.10.77-0.770.60.91-0.67-0.880.46
0.20.63-0.780.59-0.5-0.84-0.810.29-0.29-0.52-0.42-0.810.490.340.69-0.710.550.91-0.61-0.790.49
-0.09-0.560.62-0.460.30.790.79-0.120.090.160.020.88-0.39-0.21-0.630.49-0.43-0.67-0.610.62-0.92
-0.17-0.610.64-0.550.680.920.83-0.230.190.50.120.89-0.44-0.24-0.70.73-0.48-0.88-0.790.62-0.49
0.090.44-0.490.33-0.03-0.6-0.590.10.030.00.12-0.780.330.30.48-0.390.30.460.49-0.92-0.49
Click cells to compare fundamentals

About Rigel Pharmaceuticals Financial Statements

Rigel Pharmaceuticals investors utilize fundamental indicators, such as Gross Profit, to predict how Rigel 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
Gross Profit109.8 M115.3 M
Gross Profit Margin 0.94  0.99 

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When determining whether Rigel Pharmaceuticals is a strong investment it is important to analyze Rigel Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rigel Pharmaceuticals' future performance. For an informed investment choice regarding Rigel Stock, refer to the following important reports:
Check out the analysis of Rigel Pharmaceuticals Correlation against competitors.
For more information on how to buy Rigel Stock please use our How to buy in Rigel Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Biotechnology 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 Rigel Pharmaceuticals. If investors know Rigel 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 Rigel Pharmaceuticals 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
(0.48)
Earnings Share
0.27
Revenue Per Share
8.979
Quarterly Revenue Growth
0.966
Return On Assets
0.0461
The market value of Rigel Pharmaceuticals is measured differently than its book value, which is the value of Rigel that is recorded on the company's balance sheet. Investors also form their own opinion of Rigel Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Rigel Pharmaceuticals' 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 Rigel Pharmaceuticals' market value can be influenced by many factors that don't directly affect Rigel Pharmaceuticals' 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 Rigel Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rigel Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rigel Pharmaceuticals' 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.