Primis Gross Profit from 2010 to 2024

FRST Stock  USD 12.56  0.18  1.45%   
Primis Financial Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Primis Financial Corp 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
2006-03-31
Previous Quarter
42.1 M
Current Value
66 M
Quarterly Volatility
13.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Primis Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Primis Financial's main balance sheet or income statement drivers, such as Interest Expense of 13.4 M, Selling General Administrative of 17.6 M or Total Revenue of 142.4 M, as well as many indicators such as Price To Sales Ratio of 2.06, Dividend Yield of 0.033 or PTB Ratio of 1.4. Primis financial statements analysis is a perfect complement when working with Primis Financial Valuation or Volatility modules.
  
Check out the analysis of Primis Financial Correlation against competitors.

Latest Primis Financial's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Primis Financial Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of Primis Financial Corp minus its cost of goods sold. It is profit before Primis Financial 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. Primis Financial's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Primis Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 113.86 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Primis Gross Profit Regression Statistics

Arithmetic Mean78,898,644
Geometric Mean46,531,800
Coefficient Of Variation84.14
Mean Deviation49,191,872
Median67,700,000
Standard Deviation66,383,815
Sample Variance4406.8T
Range225.8M
R-Value0.90
Mean Square Error941.7T
R-Squared0.80
Slope13,289,747
Total Sum of Squares61695.4T

Primis Gross Profit History

2024226.1 M
2023215.4 M
2022115.4 M
202194.3 M
202091.8 M
201983.3 M
201894.9 M

Other Fundumenentals of Primis Financial Corp

Primis Financial Gross Profit component correlations

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0.880.20.830.730.410.140.560.180.860.880.330.90.970.620.970.970.410.570.940.66-0.690.19
0.180.20.0-0.10.780.330.68-0.040.130.110.140.080.310.360.120.270.030.550.31-0.16-0.26-0.04
0.920.830.00.870.16-0.280.30.440.930.920.380.660.770.730.90.810.070.270.790.82-0.90.58
0.820.73-0.10.87-0.1-0.320.070.470.840.760.420.640.660.650.790.71-0.160.150.690.91-0.770.56
0.220.410.780.16-0.10.470.83-0.370.170.22-0.030.270.470.390.270.380.450.440.36-0.23-0.3-0.24
-0.030.140.33-0.28-0.320.470.51-0.38-0.07-0.050.140.230.2-0.25-0.030.130.610.570.14-0.40.29-0.37
0.390.560.680.30.070.830.51-0.350.330.42-0.140.50.630.560.440.540.40.680.540.09-0.28-0.16
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0.740.90.080.660.640.270.230.50.090.720.780.250.890.460.840.870.450.570.860.57-0.480.11
0.850.970.310.770.660.470.20.630.140.830.870.350.890.60.950.980.460.660.970.59-0.670.18
0.620.620.360.730.650.39-0.250.560.110.60.620.050.460.60.650.6-0.270.170.560.71-0.730.25
0.920.970.120.90.790.27-0.030.440.340.910.930.410.840.950.650.970.290.50.950.76-0.760.31
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0.170.410.030.07-0.160.450.610.4-0.350.150.260.020.450.46-0.270.290.380.470.37-0.310.06-0.28
0.580.570.550.270.150.440.570.680.190.540.570.330.570.660.170.50.650.470.720.15-0.250.19
0.920.940.310.790.690.360.140.540.370.90.920.490.860.970.560.950.990.370.720.64-0.720.34
0.750.66-0.160.820.91-0.23-0.40.090.490.770.730.290.570.590.710.760.66-0.310.150.64-0.660.48
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0.630.19-0.040.580.56-0.24-0.37-0.160.810.650.580.570.110.180.250.310.27-0.280.190.340.48-0.67
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About Primis Financial Financial Statements

Primis Financial shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Primis Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Primis Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Primis Financial'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
Gross Profit215.4 M226.1 M
Gross Profit Margin 0.94  0.73 

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Additional Tools for Primis Stock Analysis

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