Veracyte Income Before Tax from 2010 to 2024

VCYT Stock  USD 42.84  1.74  4.23%   
Veracyte Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Veracyte Income Before Tax quarterly data regression had mean square error of 247.7 T and mean deviation of  16,585,844. View All Fundamentals
 
Income Before Tax  
First Reported
2011-12-31
Previous Quarter
7.4 M
Current Value
16.8 M
Quarterly Volatility
8.7 M
 
Yuan Drop
 
Covid
Check Veracyte financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Veracyte's main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.5 M, Interest Expense of 14.2 K or Selling General Administrative of 165.5 M, as well as many indicators such as Price To Sales Ratio of 5.26, Dividend Yield of 0.0 or PTB Ratio of 1.82. Veracyte financial statements analysis is a perfect complement when working with Veracyte Valuation or Volatility modules.
  
Check out the analysis of Veracyte Correlation against competitors.
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Latest Veracyte's Income Before Tax Growth Pattern

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

Veracyte Income Before Tax Regression Statistics

Arithmetic Mean(35,768,893)
Coefficient Of Variation(63.57)
Mean Deviation16,585,844
Median(31,003,000)
Standard Deviation22,737,348
Sample Variance517T
Range69M
R-Value(0.74)
Mean Square Error247.7T
R-Squared0.56
Significance0
Slope(3,787,721)
Total Sum of Squares7237.8T

Veracyte Income Before Tax History

2024-72.8 M
2023-76.6 M
2022-36.4 M
2021-81.6 M
2020-34.9 M
2019-12.6 M
2018-23 M

About Veracyte Financial Statements

Veracyte shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Veracyte investors may analyze each financial statement separately, they are all interrelated. The changes in Veracyte's assets and liabilities, for example, are also reflected in the revenues and expenses on on Veracyte's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax-76.6 M-72.8 M

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Additional Tools for Veracyte Stock Analysis

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