International Game Technology Stock Gross Profit

IGT Stock  USD 19.24  0.25  1.32%   
International Game Technology fundamentals help investors to digest information that contributes to International Game's financial success or failures. It also enables traders to predict the movement of International Stock. The fundamental analysis module provides a way to measure International Game's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to International Game stock.
Last ReportedProjected for Next Year
Gross Profit2.1 B1.5 B
Gross Profit Margin 0.49  0.47 
Gross Profit is likely to drop to about 1.5 B in 2024. Gross Profit Margin is likely to drop to 0.47 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

International Game Technology Company Gross Profit Analysis

International Game's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current International Game Gross Profit

    
  2 B  
Most of International Game's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, International Game Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

International Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for International Game is extremely important. It helps to project a fair market value of International Stock properly, considering its historical fundamentals such as Gross Profit. Since International Game's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of International Game's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of International Game's interrelated accounts and indicators.
0.310.50.94-0.290.670.760.970.85-0.060.81-0.460.210.960.080.08-0.120.340.160.070.01-0.080.19-0.080.12-0.08
0.310.60.020.730.660.380.080.050.070.670.5-0.720.490.360.370.57-0.510.31-0.570.50.51-0.69-0.250.25-0.18
0.50.60.30.140.80.730.360.550.040.50.31-0.320.540.10.120.16-0.090.04-0.080.080.13-0.06-0.170.14-0.19
0.940.020.3-0.520.430.610.990.81-0.170.67-0.690.420.86-0.01-0.02-0.290.420.090.25-0.13-0.250.42-0.030.06-0.04
-0.290.730.14-0.520.17-0.18-0.49-0.460.130.220.72-0.89-0.140.530.520.78-0.690.4-0.80.690.74-0.87-0.270.4-0.16
0.670.660.80.430.170.850.520.690.340.560.28-0.210.650.30.310.20.050.3-0.250.270.23-0.13-0.230.35-0.2
0.760.380.730.61-0.180.850.680.810.110.540.020.110.70.080.09-0.060.20.090.010.01-0.110.16-0.10.12-0.11
0.970.080.360.99-0.490.520.680.86-0.080.69-0.630.40.89-0.01-0.01-0.260.480.090.21-0.11-0.20.35-0.020.05-0.03
0.850.050.550.81-0.460.690.810.860.150.48-0.360.370.710.010.0-0.270.610.070.21-0.13-0.120.41-0.030.14-0.05
-0.060.070.04-0.170.130.340.11-0.080.15-0.220.4-0.14-0.160.360.360.270.220.42-0.270.360.44-0.22-0.320.37-0.27
0.810.670.50.670.220.560.540.690.48-0.22-0.21-0.260.890.290.280.27-0.090.28-0.330.320.26-0.28-0.180.24-0.13
-0.460.50.31-0.690.720.280.02-0.63-0.360.4-0.21-0.72-0.410.410.410.61-0.540.3-0.540.50.55-0.6-0.310.31-0.25
0.21-0.72-0.320.42-0.89-0.210.110.40.37-0.14-0.26-0.720.08-0.63-0.62-0.890.75-0.490.77-0.74-0.790.830.52-0.480.44
0.960.490.540.86-0.140.650.70.890.71-0.160.89-0.410.080.030.03-0.080.150.090.020.0-0.070.08-0.020.05-0.02
0.080.360.1-0.010.530.30.08-0.010.010.360.290.41-0.630.030.990.86-0.370.94-0.860.960.8-0.57-0.820.93-0.69
0.080.370.12-0.020.520.310.09-0.010.00.360.280.41-0.620.030.990.86-0.370.94-0.850.950.79-0.58-0.860.95-0.75
-0.120.570.16-0.290.780.2-0.06-0.26-0.270.270.270.61-0.89-0.080.860.86-0.60.78-0.90.940.88-0.86-0.770.72-0.68
0.34-0.51-0.090.42-0.690.050.20.480.610.22-0.09-0.540.750.15-0.37-0.37-0.6-0.260.47-0.45-0.290.530.31-0.20.27
0.160.310.040.090.40.30.090.090.070.420.280.3-0.490.090.940.940.78-0.26-0.710.920.76-0.53-0.870.88-0.78
0.07-0.57-0.080.25-0.8-0.250.010.210.21-0.27-0.33-0.540.770.02-0.86-0.85-0.90.47-0.71-0.92-0.830.830.56-0.740.42
0.010.50.08-0.130.690.270.01-0.11-0.130.360.320.5-0.740.00.960.950.94-0.450.92-0.920.89-0.77-0.780.83-0.65
-0.080.510.13-0.250.740.23-0.11-0.2-0.120.440.260.55-0.79-0.070.80.790.88-0.290.76-0.830.89-0.82-0.660.71-0.55
0.19-0.69-0.060.42-0.87-0.130.160.350.41-0.22-0.28-0.60.830.08-0.57-0.58-0.860.53-0.530.83-0.77-0.820.46-0.380.36
-0.08-0.25-0.17-0.03-0.27-0.23-0.1-0.02-0.03-0.32-0.18-0.310.52-0.02-0.82-0.86-0.770.31-0.870.56-0.78-0.660.46-0.790.98
0.120.250.140.060.40.350.120.050.140.370.240.31-0.480.050.930.950.72-0.20.88-0.740.830.71-0.38-0.79-0.7
-0.08-0.18-0.19-0.04-0.16-0.2-0.11-0.03-0.05-0.27-0.13-0.250.44-0.02-0.69-0.75-0.680.27-0.780.42-0.65-0.550.360.98-0.7
Click cells to compare fundamentals

International Gross Profit Historical Pattern

Today, most investors in International Game Stock are looking for potential investment opportunities by analyzing not only static indicators but also various International Game's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of International Game gross profit as a starting point in their analysis.
   International Game Gross Profit   
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, International Game Technology reported 2 B of gross profit. This is 86.96% lower than that of the Hotels, Restaurants & Leisure sector and significantly higher than that of the Consumer Discretionary industry. The gross profit for all United States stocks is 92.69% higher than that of the company.

International Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses International Game's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of International Game could also be used in its relative valuation, which is a method of valuing International Game by comparing valuation metrics of similar companies.
International Game is currently under evaluation in gross profit category among its peers.

International Game ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, International Game's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to International Game's managers, analysts, and investors.
Environmental
Governance
Social

International Fundamentals

About International Game Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze International Game Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of International Game using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of International Game Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for International Stock Analysis

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