Block Gross Profit from 2010 to 2024

SQ Stock

USD 92.70 3.00 3.34%

Block Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to grow to about 7.9 B this year. Gross Profit is the profit Block Inc 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

2013-12-31

Previous Quarter

2.2 B

Current Value

2.2 B

Quarterly Volatility

713.8 M

Yuan Drop

Covid

Check Block financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Block's main balance sheet or income statement drivers, such as Depreciation And Amortization of 440.7 M, Interest Expense of 49.6 M or Selling General Administrative of 2.3 B, as well as many indicators such as Price To Sales Ratio of 2.04, Dividend Yield of 0.0 or PTB Ratio of 2.39. Block financial statements analysis is a perfect complement when working with Block Valuation or Volatility modules.

Check out the analysis of Block Correlation against competitors.

Latest Block's Gross Profit Growth Pattern

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

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Last Reported 6.06 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Block Gross Profit Regression Statistics

	Arithmetic Mean	2,270,494,087
	Geometric Mean	755,040,217
	Coefficient Of Variation	123.75
	Mean Deviation	2,290,355,982
	Median	839,306,000
	Standard Deviation	2,809,749,118
	Sample Variance	7894690.1T
	Range	7.8B
	R-Value	0.89
	Mean Square Error	1692183.7T
	R-Squared	0.80
	Slope	562,288,925
	Total Sum of Squares	110525661.5T

Block Gross Profit History

	2024	7.9 B
	2023	7.5 B
	2022	6 B
	2021	4.4 B
	2020	2.7 B
	2019	1.9 B
	2018	1.3 B

Other Fundumenentals of Block Inc

Gross Profit Margin

Block Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Short Term Investments	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt	Long Term Investments	Short Long Term Debt	Short Term Debt	Current Deferred Revenue	Capital Surpluse	Deferred Long Term Liab	Cash And Equivalents	Net Invested Capital	Net Working Capital
Total Assets		0.99	-0.49	-0.08	0.67	0.98	0.96	0.76	0.97	0.99	0.97	0.99	0.98	0.94	0.94	0.63	0.79	0.9	0.99	0.98	-0.71	0.95	1.0	0.99
Total Stockholder Equity	0.99		-0.58	-0.15	0.58	0.98	0.99	0.67	0.92	0.94	0.99	1.0	0.98	0.88	0.86	0.51	0.74	0.93	0.99	1.0	-0.64	0.88	0.99	0.96
Net Debt	-0.49	-0.58		0.26	0.26	-0.65	-0.6	0.09	-0.34	-0.43	-0.52	-0.59	-0.51	-0.35	-0.29	0.19	-0.06	-0.71	-0.54	-0.62	0.14	-0.32	-0.54	-0.48
Retained Earnings	-0.08	-0.15	0.26		0.0	-0.13	-0.17	-0.03	0.03	-0.01	-0.15	-0.12	-0.2	-0.12	0.09	0.15	-0.24	-0.25	-0.12	-0.16	0.28	0.12	-0.08	0.02
Accounts Payable	0.67	0.58	0.26	0.0		0.51	0.55	0.88	0.75	0.69	0.63	0.58	0.61	0.75	0.73	0.76	0.83	0.44	0.6	0.54	-0.66	0.74	0.62	0.65
Net Receivables	0.98	0.98	-0.65	-0.13	0.51		0.97	0.65	0.92	0.96	0.95	0.99	0.97	0.9	0.88	0.52	0.7	0.95	0.98	0.99	-0.67	0.9	0.98	0.97
Good Will	0.96	0.99	-0.6	-0.17	0.55	0.97		0.62	0.87	0.9	1.0	0.99	0.95	0.83	0.81	0.44	0.7	0.92	0.97	0.99	-0.57	0.83	0.98	0.92
Short Term Investments	0.76	0.67	0.09	-0.03	0.88	0.65	0.62		0.85	0.81	0.68	0.67	0.76	0.87	0.86	0.9	0.94	0.52	0.74	0.64	-0.85	0.83	0.72	0.77
Total Liab	0.97	0.92	-0.34	0.03	0.75	0.92	0.87	0.85		1.0	0.89	0.92	0.94	0.97	0.99	0.78	0.82	0.83	0.94	0.9	-0.77	0.99	0.95	0.99
Total Current Assets	0.99	0.94	-0.43	-0.01	0.69	0.96	0.9	0.81	1.0		0.92	0.95	0.96	0.97	0.98	0.72	0.8	0.87	0.97	0.93	-0.75	0.99	0.97	1.0
Intangible Assets	0.97	0.99	-0.52	-0.15	0.63	0.95	1.0	0.68	0.89	0.92		0.99	0.96	0.85	0.84	0.5	0.75	0.9	0.97	0.99	-0.59	0.86	0.98	0.93
Common Stock	0.99	1.0	-0.59	-0.12	0.58	0.99	0.99	0.67	0.92	0.95	0.99		0.97	0.89	0.87	0.51	0.72	0.93	0.99	1.0	-0.63	0.9	1.0	0.97
Property Plant Equipment	0.98	0.98	-0.51	-0.2	0.61	0.97	0.95	0.76	0.94	0.96	0.96	0.97		0.93	0.9	0.62	0.81	0.88	0.99	0.97	-0.75	0.9	0.98	0.96
Net Tangible Assets	0.94	0.88	-0.35	-0.12	0.75	0.9	0.83	0.87	0.97	0.97	0.85	0.89	0.93		0.96	0.77	0.86	0.82	0.92	0.87	-0.85	0.96	0.91	0.95
Long Term Debt	0.94	0.86	-0.29	0.09	0.73	0.88	0.81	0.86	0.99	0.98	0.84	0.87	0.9	0.96		0.82	0.8	0.78	0.91	0.85	-0.78	0.99	0.91	0.97
Long Term Investments	0.63	0.51	0.19	0.15	0.76	0.52	0.44	0.9	0.78	0.72	0.5	0.51	0.62	0.77	0.82		0.79	0.39	0.59	0.48	-0.78	0.77	0.58	0.67
Short Long Term Debt	0.79	0.74	-0.06	-0.24	0.83	0.7	0.7	0.94	0.82	0.8	0.75	0.72	0.81	0.86	0.8	0.79		0.65	0.78	0.71	-0.88	0.78	0.75	0.76
Short Term Debt	0.9	0.93	-0.71	-0.25	0.44	0.95	0.92	0.52	0.83	0.87	0.9	0.93	0.88	0.82	0.78	0.39	0.65		0.9	0.93	-0.62	0.8	0.91	0.88
Current Deferred Revenue	0.99	0.99	-0.54	-0.12	0.6	0.98	0.97	0.74	0.94	0.97	0.97	0.99	0.99	0.92	0.91	0.59	0.78	0.9		0.99	-0.71	0.91	0.99	0.97
Capital Surpluse	0.98	1.0	-0.62	-0.16	0.54	0.99	0.99	0.64	0.9	0.93	0.99	1.0	0.97	0.87	0.85	0.48	0.71	0.93	0.99		-0.62	0.86	0.99	0.95
Deferred Long Term Liab	-0.71	-0.64	0.14	0.28	-0.66	-0.67	-0.57	-0.85	-0.77	-0.75	-0.59	-0.63	-0.75	-0.85	-0.78	-0.78	-0.88	-0.62	-0.71	-0.62		-0.74	-0.66	-0.71
Cash And Equivalents	0.95	0.88	-0.32	0.12	0.74	0.9	0.83	0.83	0.99	0.99	0.86	0.9	0.9	0.96	0.99	0.77	0.78	0.8	0.91	0.86	-0.74		0.93	0.98
Net Invested Capital	1.0	0.99	-0.54	-0.08	0.62	0.98	0.98	0.72	0.95	0.97	0.98	1.0	0.98	0.91	0.91	0.58	0.75	0.91	0.99	0.99	-0.66	0.93		0.98
Net Working Capital	0.99	0.96	-0.48	0.02	0.65	0.97	0.92	0.77	0.99	1.0	0.93	0.97	0.96	0.95	0.97	0.67	0.76	0.88	0.97	0.95	-0.71	0.98	0.98

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About Block Financial Statements

Block shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Block investors may analyze each financial statement separately, they are all interrelated. The changes in Block's assets and liabilities, for example, are also reflected in the revenues and expenses on on Block's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	7.5 B	7.9 B
Gross Profit Margin	0.34	0.26

Pair Trading with Block

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Block position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Block will appreciate offsetting losses from the drop in the long position's value.

Moving together with Block Stock

0.75	DLX	Deluxe	Pair Corr
0.71	GFL	Gfl Environmental	Pair Corr

Moving against Block Stock

0.81	CP	Canadian Pacific Railway	Pair Corr
0.78	HDSN	Hudson Technologies	Pair Corr
0.67	MEG	Montrose Environmental	Pair Corr
0.67	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.53	LNZAW	LanzaTech Global	Pair Corr

The ability to find closely correlated positions to Block could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Block when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Block - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Block Inc to buy it.

The correlation of Block is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Block moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Block Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Block can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Block Stock Analysis

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

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