Magnite Gross Profit from 2010 to 2024

MGNI Stock  USD 17.19  0.40  2.38%   
Magnite's Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is predicted to flatten to about 151.4 M. Gross Profit is the profit Magnite 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
2012-12-31
Previous Quarter
97.5 M
Current Value
99.5 M
Quarterly Volatility
27.1 M
 
Yuan Drop
 
Covid
Check Magnite financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magnite's main balance sheet or income statement drivers, such as Depreciation And Amortization of 252.9 M, Interest Expense of 34 M or Selling General Administrative of 57 M, as well as many indicators such as Price To Sales Ratio of 1.96, Dividend Yield of 0.0 or PTB Ratio of 1.73. Magnite financial statements analysis is a perfect complement when working with Magnite Valuation or Volatility modules.
  
Check out the analysis of Magnite Correlation against competitors.
For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.

Latest Magnite's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Magnite over the last few years. Gross profit is a required income statement account that reflects total revenue of Magnite minus its cost of goods sold. It is profit before Magnite 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. Magnite's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magnite's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 269.9 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Magnite Gross Profit Regression Statistics

Arithmetic Mean131,012,985
Geometric Mean102,804,896
Coefficient Of Variation62.81
Mean Deviation69,285,317
Median104,541,000
Standard Deviation82,295,101
Sample Variance6772.5T
Range245.7M
R-Value0.72
Mean Square Error3492.6T
R-Squared0.52
Significance0
Slope13,284,169
Total Sum of Squares94814.8T

Magnite Gross Profit History

2024151.4 M
2023209.8 M
2022269.9 M
2021266.8 M
2020143.9 M
201999 M
201864.7 M

Other Fundumenentals of Magnite

Magnite Gross Profit component correlations

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Click cells to compare fundamentals

About Magnite Financial Statements

Investors use fundamental indicators, such as Magnite's Gross Profit, to determine how well the company is positioned to perform in the future. Although Magnite's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit209.8 M151.4 M
Gross Profit Margin 0.34  0.32 

Currently Active Assets on Macroaxis

When determining whether Magnite offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magnite'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 Magnite Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnite Stock:
Check out the analysis of Magnite Correlation against competitors.
For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Advertising 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 Magnite. If investors know Magnite 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 Magnite 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
(0.93)
Earnings Share
0.13
Revenue Per Share
4.728
Quarterly Revenue Growth
0.079
Return On Assets
0.0111
The market value of Magnite is measured differently than its book value, which is the value of Magnite that is recorded on the company's balance sheet. Investors also form their own opinion of Magnite's value that differs from its market value or its book value, called intrinsic value, which is Magnite'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 Magnite's market value can be influenced by many factors that don't directly affect Magnite'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 Magnite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnite'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.