Vroom Gross Profit from 2010 to 2024

VRM Stock  USD 5.36  0.15  2.72%   
Vroom Gross Profit yearly trend continues to be very stable with very little volatility. Gross Profit is likely to drop to about 146.5 M. Gross Profit is the profit Vroom 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
2019-03-31
Previous Quarter
-18.2 M
Current Value
-99.8 M
Quarterly Volatility
37.2 M
 
Covid
Check Vroom financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vroom's main balance sheet or income statement drivers, such as Tax Provision of 3.5 M, Interest Income of 12.3 M or Depreciation And Amortization of 47.5 M, as well as many indicators such as Price To Sales Ratio of 0.0894, Dividend Yield of 0.0 or PTB Ratio of 0.39. Vroom financial statements analysis is a perfect complement when working with Vroom Valuation or Volatility modules.
  
Check out the analysis of Vroom Correlation against competitors.

Latest Vroom's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Vroom Inc over the last few years. Gross profit is a required income statement account that reflects total revenue of Vroom Inc minus its cost of goods sold. It is profit before Vroom 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. Vroom's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Vroom's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 244.79 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Vroom Gross Profit Regression Statistics

Arithmetic Mean95,466,093
Geometric Mean82,440,003
Coefficient Of Variation64.75
Mean Deviation49,794,670
Median60,807,000
Standard Deviation61,810,996
Sample Variance3820.6T
Range186.9M
R-Value0.70
Mean Square Error2084.9T
R-Squared0.49
Significance0
Slope9,707,203
Total Sum of Squares53488.4T

Vroom Gross Profit History

2024146.5 M
2023161.9 M
2022244.8 M
2021202.1 M
202071.5 M
201957.9 M

Other Fundumenentals of Vroom Inc

Vroom Gross Profit component correlations

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About Vroom Financial Statements

Vroom investors utilize fundamental indicators, such as Gross Profit, to predict how Vroom 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 Profit161.9 M146.5 M
Gross Profit Margin 0.18  0.19 

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When determining whether Vroom Inc is a strong investment it is important to analyze Vroom's 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 Vroom's future performance. For an informed investment choice regarding Vroom Stock, refer to the following important reports:
Check out the analysis of Vroom Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Automotive Retail 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 Vroom. If investors know Vroom 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 Vroom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(232.92)
Revenue Per Share
356.465
Quarterly Revenue Growth
(0.90)
Return On Assets
(0.09)
Return On Equity
(2.75)
The market value of Vroom Inc is measured differently than its book value, which is the value of Vroom that is recorded on the company's balance sheet. Investors also form their own opinion of Vroom's value that differs from its market value or its book value, called intrinsic value, which is Vroom's 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 Vroom's market value can be influenced by many factors that don't directly affect Vroom's 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 Vroom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vroom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vroom's 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.