InnovAge Gross Profit from 2010 to 2024

INNV Stock

USD 4.80 0.03 0.63%

InnovAge Holding Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 88.7 M in 2024. Gross Profit is the profit InnovAge Holding 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

2016-12-31

Previous Quarter

36.6 M

Current Value

34.5 M

Quarterly Volatility

16.5 M

Covid

Check InnovAge Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among InnovAge Holding's main balance sheet or income statement drivers, such as Interest Expense of 5.4 M, Selling General Administrative of 65.7 M or Total Revenue of 422 M, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0036 or PTB Ratio of 2.42. InnovAge financial statements analysis is a perfect complement when working with InnovAge Holding Valuation or Volatility modules.

Check out the analysis of InnovAge Holding Correlation against competitors.

Latest InnovAge Holding's Gross Profit Growth Pattern

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

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Last Reported 475.82 M

10 Years Trend

Slightly volatile

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Gross Profit

Timeline

InnovAge Gross Profit Regression Statistics

	Arithmetic Mean	59,883,175
	Geometric Mean	9,989,433
	Coefficient Of Variation	111.74
	Mean Deviation	61,903,567
	Median	6,967,975
	Standard Deviation	66,912,625
	Sample Variance	4477.3T
	Range	173.7M
	R-Value	0.80
	Mean Square Error	1731.5T
	R-Squared	0.64
	Significance	0.0003
	Slope	11,978,116
	Total Sum of Squares	62682.2T

InnovAge Gross Profit History

	2024	88.7 M
	2023	132.1 M
	2022	101.3 M
	2021	135.4 M
	2020	174.1 M
	2019	141.3 M
	2018	110.6 M

Other Fundumenentals of InnovAge Holding Corp

Gross Profit Margin

InnovAge Holding Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Debt	Net Invested Capital	Long Term Investments	Capital Stock	Net Working Capital
Total Assets		0.94	0.75	0.09	0.92	0.45	0.9	0.99	0.92	0.95	0.98	0.76	0.71	0.88	0.92	-0.12	-0.8	0.86	-0.79	0.51	0.63
Total Stockholder Equity	0.94		0.88	-0.08	0.86	0.22	0.73	0.88	0.73	0.92	0.96	0.76	0.64	0.78	0.9	-0.07	-0.94	0.93	-0.88	0.5	0.67
Net Tangible Assets	0.75	0.88		-0.46	0.82	-0.02	0.49	0.66	0.48	0.77	0.76	0.87	0.48	0.6	0.89	-0.09	-0.83	0.92	-0.98	0.71	0.52
Retained Earnings	0.09	-0.08	-0.46		-0.17	0.41	0.29	0.16	0.28	-0.07	0.15	-0.52	0.1	0.1	-0.22	-0.23	-0.01	-0.13	0.47	-0.62	0.38
Accounts Payable	0.92	0.86	0.82	-0.17		0.4	0.84	0.91	0.85	0.9	0.88	0.9	0.66	0.82	0.99	-0.04	-0.68	0.84	-0.89	0.72	0.44
Long Term Debt	0.45	0.22	-0.02	0.41	0.4		0.63	0.53	0.65	0.4	0.42	0.15	0.55	0.36	0.31	-0.23	-0.09	0.2	-0.05	0.04	0.31
Net Receivables	0.9	0.73	0.49	0.29	0.84	0.63		0.95	0.96	0.86	0.85	0.57	0.68	0.86	0.79	-0.27	-0.54	0.63	-0.57	0.48	0.49
Good Will	0.99	0.88	0.66	0.16	0.91	0.53	0.95		0.96	0.94	0.96	0.71	0.72	0.89	0.89	-0.18	-0.71	0.79	-0.72	0.51	0.6
Total Liab	0.92	0.73	0.48	0.28	0.85	0.65	0.96	0.96		0.85	0.87	0.64	0.69	0.86	0.8	-0.16	-0.52	0.64	-0.56	0.42	0.5
Short Long Term Debt	0.95	0.92	0.77	-0.07	0.9	0.4	0.86	0.94	0.85		0.92	0.78	0.69	0.86	0.91	-0.08	-0.76	0.8	-0.82	0.58	0.5
Total Current Assets	0.98	0.96	0.76	0.15	0.88	0.42	0.85	0.96	0.87	0.92		0.69	0.72	0.85	0.89	-0.16	-0.88	0.9	-0.78	0.41	0.74
Short Term Debt	0.76	0.76	0.87	-0.52	0.9	0.15	0.57	0.71	0.64	0.78	0.69		0.48	0.66	0.93	0.06	-0.56	0.78	-0.93	0.82	0.26
Intangible Assets	0.71	0.64	0.48	0.1	0.66	0.55	0.68	0.72	0.69	0.69	0.72	0.48		0.78	0.65	-0.17	-0.58	0.63	-0.52	0.27	0.54
Common Stock	0.88	0.78	0.6	0.1	0.82	0.36	0.86	0.89	0.86	0.86	0.85	0.66	0.78		0.81	-0.18	-0.62	0.7	-0.65	0.48	0.52
Property Plant Equipment	0.92	0.9	0.89	-0.22	0.99	0.31	0.79	0.89	0.8	0.91	0.89	0.93	0.65	0.81		-0.07	-0.74	0.9	-0.94	0.73	0.49
Current Deferred Revenue	-0.12	-0.07	-0.09	-0.23	-0.04	-0.23	-0.27	-0.18	-0.16	-0.08	-0.16	0.06	-0.17	-0.18	-0.07		0.07	-0.21	0.05	-0.21	-0.53
Net Debt	-0.8	-0.94	-0.83	-0.01	-0.68	-0.09	-0.54	-0.71	-0.52	-0.76	-0.88	-0.56	-0.58	-0.62	-0.74	0.07		-0.91	0.78	-0.27	-0.77
Net Invested Capital	0.86	0.93	0.92	-0.13	0.84	0.2	0.63	0.79	0.64	0.8	0.9	0.78	0.63	0.7	0.9	-0.21	-0.91		-0.9	0.51	0.77
Long Term Investments	-0.79	-0.88	-0.98	0.47	-0.89	-0.05	-0.57	-0.72	-0.56	-0.82	-0.78	-0.93	-0.52	-0.65	-0.94	0.05	0.78	-0.9		-0.78	-0.44
Capital Stock	0.51	0.5	0.71	-0.62	0.72	0.04	0.48	0.51	0.42	0.58	0.41	0.82	0.27	0.48	0.73	-0.21	-0.27	0.51	-0.78		0.01
Net Working Capital	0.63	0.67	0.52	0.38	0.44	0.31	0.49	0.6	0.5	0.5	0.74	0.26	0.54	0.52	0.49	-0.53	-0.77	0.77	-0.44	0.01

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About InnovAge Holding Financial Statements

InnovAge Holding investors use historical fundamental indicators, such as InnovAge Holding's Gross Profit, 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 InnovAge Holding. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	132.1 M	88.7 M
Gross Profit Margin	0.17	0.23

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