Snowflake Gross Profit Margin from 2010 to 2024

SNOW Stock  USD 174.80  1.10  0.63%   
Snowflake Gross Profit Margin yearly trend continues to be fairly stable with very little volatility. Gross Profit Margin will likely drop to 0.48 in 2024. During the period from 2010 to 2024, Snowflake Gross Profit Margin regression line of quarterly data had mean square error of  0 and geometric mean of  0.51. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.67982843
Current Value
0.48
Quarterly Volatility
0.08000373
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Snowflake financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snowflake's main balance sheet or income statement drivers, such as Depreciation And Amortization of 125.9 M, Interest Expense of 89.2 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 21.72, Dividend Yield of 0.0 or PTB Ratio of 13.01. Snowflake financial statements analysis is a perfect complement when working with Snowflake Valuation or Volatility modules.
  
Check out the analysis of Snowflake Correlation against competitors.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.

Latest Snowflake's Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Snowflake over the last few years. It is Snowflake's Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Snowflake'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  

Snowflake Gross Profit Margin Regression Statistics

Arithmetic Mean0.52
Geometric Mean0.51
Coefficient Of Variation15.45
Mean Deviation0.07
Median0.46
Standard Deviation0.08
Sample Variance0.01
Range0.2152
R-Value0.71
Mean Square Error0
R-Squared0.50
Significance0
Slope0.01
Total Sum of Squares0.09

Snowflake Gross Profit Margin History

2024 0.48
2023 0.68
2022 0.65
2021 0.62
2020 0.59
2019 0.56

About Snowflake Financial Statements

Snowflake investors use historical fundamental indicators, such as Snowflake'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 Snowflake. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit Margin 0.68  0.48 

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Additional Tools for Snowflake Stock Analysis

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