Innoviva Gross Profit from 2010 to 2024

INVA Stock  USD 17.55  0.10  0.57%   
Innoviva's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 274.1 M this year. Gross Profit is the profit Innoviva 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
2002-12-31
Previous Quarter
85 M
Current Value
79.5 M
Quarterly Volatility
35.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innoviva financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innoviva's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.5 M, Interest Expense of 15.6 M or Gross Profit of 274.1 M, as well as many indicators such as Price To Sales Ratio of 3.21, Dividend Yield of 0.0 or PTB Ratio of 1.63. Innoviva financial statements analysis is a perfect complement when working with Innoviva Valuation or Volatility modules.
  
Check out the analysis of Innoviva Correlation against competitors.
For information on how to trade Innoviva Stock refer to our How to Trade Innoviva Stock guide.

Latest Innoviva's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Innoviva over the last few years. Gross profit is a required income statement account that reflects total revenue of Innoviva minus its cost of goods sold. It is profit before Innoviva 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. Innoviva's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innoviva's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 276.11 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Innoviva Gross Profit Regression Statistics

Arithmetic Mean153,464,003
Coefficient Of Variation90.43
Mean Deviation121,277,897
Median135,758,000
Standard Deviation138,769,890
Sample Variance19257.1T
Range435.1M
R-Value0.76
Mean Square Error8716.5T
R-Squared0.58
Significance0.001
Slope23,625,408
Total Sum of Squares269599.2T

Innoviva Gross Profit History

2024274.1 M
2023261.1 M
2022317.5 M
2021391.9 M
2020336.8 K
2019261 M
2018261 M

Other Fundumenentals of Innoviva

Innoviva Gross Profit component correlations

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0.840.86-0.370.12-0.620.42-0.440.510.810.58-0.14-0.430.090.92-0.48-0.22-0.150.2-0.03-0.08-0.370.830.74-0.7
0.710.86-0.360.0-0.540.26-0.420.490.640.22-0.43-0.760.20.67-0.39-0.560.060.22-0.09-0.06-0.390.790.66-0.77
0.18-0.37-0.36-0.280.92-0.240.970.18-0.030.04-0.050.57-0.72-0.380.89-0.070.20.46-0.690.8-0.260.10.02-0.15
-0.050.120.0-0.28-0.40.5-0.41-0.470.180.240.23-0.060.440.12-0.460.25-0.33-0.530.58-0.320.53-0.06-0.080.02
-0.12-0.62-0.540.92-0.4-0.40.950.04-0.3-0.270.010.57-0.64-0.620.92-0.030.290.33-0.610.7-0.15-0.2-0.270.09
0.290.420.26-0.240.5-0.4-0.45-0.290.460.340.29-0.130.460.25-0.450.21-0.48-0.370.56-0.030.270.15-0.02-0.37
0.09-0.44-0.420.97-0.410.95-0.450.22-0.14-0.03-0.040.59-0.78-0.40.94-0.050.250.51-0.760.74-0.280.030.0-0.03
0.680.510.490.18-0.470.04-0.290.220.480.21-0.590.0-0.670.590.19-0.540.310.85-0.760.19-0.90.730.7-0.55
0.860.810.64-0.030.18-0.30.46-0.140.480.57-0.05-0.19-0.120.78-0.21-0.14-0.150.2-0.13-0.04-0.320.790.59-0.78
0.610.580.220.040.24-0.270.34-0.030.210.570.240.15-0.120.64-0.220.37-0.320.13-0.030.19-0.160.530.64-0.33
-0.2-0.14-0.43-0.050.230.010.29-0.04-0.59-0.050.240.350.22-0.09-0.080.77-0.31-0.610.44-0.030.59-0.39-0.370.29
-0.11-0.43-0.760.57-0.060.57-0.130.590.0-0.190.150.35-0.65-0.20.520.4-0.060.15-0.310.31-0.02-0.27-0.160.39
-0.350.090.2-0.720.44-0.640.46-0.78-0.67-0.12-0.120.22-0.65-0.1-0.70.24-0.3-0.750.9-0.50.62-0.32-0.350.17
0.760.920.67-0.380.12-0.620.25-0.40.590.780.64-0.09-0.2-0.1-0.49-0.12-0.150.27-0.09-0.23-0.410.780.76-0.53
0.03-0.48-0.390.89-0.460.92-0.450.940.19-0.21-0.22-0.080.52-0.7-0.49-0.140.320.43-0.740.68-0.24-0.08-0.10.01
-0.31-0.22-0.56-0.070.25-0.030.21-0.05-0.54-0.140.370.770.40.24-0.12-0.14-0.57-0.420.49-0.10.54-0.47-0.410.44
-0.03-0.150.060.2-0.330.29-0.480.250.31-0.15-0.32-0.31-0.06-0.3-0.150.32-0.570.13-0.450.18-0.460.060.090.02
0.490.20.220.46-0.530.33-0.370.510.850.20.13-0.610.15-0.750.270.43-0.420.13-0.810.43-0.820.580.52-0.41
-0.46-0.03-0.09-0.690.58-0.610.56-0.76-0.76-0.13-0.030.44-0.310.9-0.09-0.740.49-0.45-0.81-0.60.72-0.47-0.470.32
0.34-0.08-0.060.8-0.320.7-0.030.740.19-0.040.19-0.030.31-0.5-0.230.68-0.10.180.43-0.6-0.320.250.18-0.29
-0.56-0.37-0.39-0.260.53-0.150.27-0.28-0.9-0.32-0.160.59-0.020.62-0.41-0.240.54-0.46-0.820.72-0.32-0.63-0.610.46
0.930.830.790.1-0.06-0.20.150.030.730.790.53-0.39-0.27-0.320.78-0.08-0.470.060.58-0.470.25-0.630.87-0.81
0.810.740.660.02-0.08-0.27-0.020.00.70.590.64-0.37-0.16-0.350.76-0.1-0.410.090.52-0.470.18-0.610.87-0.6
-0.83-0.7-0.77-0.150.020.09-0.37-0.03-0.55-0.78-0.330.290.390.17-0.530.010.440.02-0.410.32-0.290.46-0.81-0.6
Click cells to compare fundamentals

About Innoviva Financial Statements

Innoviva stakeholders use historical fundamental indicators, such as Innoviva's Gross Profit, to determine how well the company is positioned to perform in the future. Although Innoviva investors may analyze each financial statement separately, they are all interrelated. For example, changes in Innoviva's assets and liabilities are reflected in the revenues and expenses on Innoviva's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Innoviva. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit261.1 M274.1 M
Gross Profit Margin 0.84  0.54 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Innoviva offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Innoviva's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Innoviva Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Innoviva Stock:
Check out the analysis of Innoviva Correlation against competitors.
For information on how to trade Innoviva Stock refer to our How to Trade Innoviva Stock guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Pharmaceuticals 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 Innoviva. If investors know Innoviva 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 Innoviva listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.98)
Earnings Share
0.8
Revenue Per Share
5.6
Quarterly Revenue Growth
0.331
Return On Assets
0.0937
The market value of Innoviva is measured differently than its book value, which is the value of Innoviva that is recorded on the company's balance sheet. Investors also form their own opinion of Innoviva's value that differs from its market value or its book value, called intrinsic value, which is Innoviva'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 Innoviva's market value can be influenced by many factors that don't directly affect Innoviva'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 Innoviva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innoviva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innoviva'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.