Now Gross Profit Margin from 2010 to 2024

DNOW Stock  USD 14.88  0.12  0.81%   
Now Gross Profit Margin yearly trend continues to be fairly stable with very little volatility. Gross Profit Margin will likely drop to 0.16 in 2024. During the period from 2010 to 2024, Now Gross Profit Margin regression line of quarterly data had mean square error of  0.0005 and geometric mean of  0.19. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.23050409
Current Value
0.16
Quarterly Volatility
0.02321803
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Now financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Now's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.9 M, Interest Expense of 7.6 M or Selling General Administrative of 480.8 M, as well as many indicators such as Price To Sales Ratio of 0.68, Dividend Yield of 0.0371 or PTB Ratio of 1.5. Now financial statements analysis is a perfect complement when working with Now Valuation or Volatility modules.
  
Check out the analysis of Now Correlation against competitors.

Latest Now's Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Now Inc over the last few years. It is Now's Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Now's overall financial position and show how it may be relating to other accounts over time.
Gross Profit Margin10 Years Trend
Slightly volatile
   Gross Profit Margin   
       Timeline  

Now Gross Profit Margin Regression Statistics

Arithmetic Mean0.19
Geometric Mean0.19
Coefficient Of Variation12.14
Mean Deviation0.02
Median0.19
Standard Deviation0.02
Sample Variance0.0005
Range0.0769
R-Value0.44
Mean Square Error0.0005
R-Squared0.20
Significance0.1
Slope0
Total Sum of Squares0.01

Now Gross Profit Margin History

2023 0.23
2022 0.24
2021 0.22
2016 0.16
2015 0.17
2014 0.2
2013 0.19

About Now Financial Statements

Now investors use historical fundamental indicators, such as Now's Gross Profit Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Now. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit Margin 0.23  0.16 

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Additional Tools for Now Stock Analysis

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