Thornburg Gross Profit from 2010 to 2024

TBLD Stock  USD 16.78  0.09  0.54%   
Thornburg Income's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 130.6 M this year. Gross Profit is the profit Thornburg Income Builder 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
2010-12-31
Previous Quarter
124.4 M
Current Value
130.6 M
Quarterly Volatility
61.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Thornburg Income financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thornburg Income's main balance sheet or income statement drivers, such as Net Interest Income of 6.8 M, Interest Income of 6.8 M or Depreciation And Amortization of 168.8 K, as well as many indicators such as Price To Sales Ratio of 4.08, Ptb Ratio of 1.0 or Days Sales Outstanding of 18.49. Thornburg financial statements analysis is a perfect complement when working with Thornburg Income Valuation or Volatility modules.
  
Check out the analysis of Thornburg Income Correlation against competitors.

Latest Thornburg Income's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Thornburg Income Builder over the last few years. Gross profit is a required income statement account that reflects total revenue of Thornburg Income Builder minus its cost of goods sold. It is profit before Thornburg Income 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. Thornburg Income's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thornburg Income's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Thornburg Gross Profit Regression Statistics

Arithmetic Mean13,659,432
Geometric Mean10,730,450
Coefficient Of Variation452.53
Mean Deviation42,954,732
Median(4,492,890)
Standard Deviation61,812,765
Sample Variance3820.8T
Range239.4M
R-Value0.48
Mean Square Error3159.4T
R-Squared0.23
Significance0.07
Slope6,660,060
Total Sum of Squares53491.5T

Thornburg Gross Profit History

2024130.6 M
2023124.4 M
2022108.2 M
2021-108.8 M

Other Fundumenentals of Thornburg Income Builder

Thornburg Income Gross Profit component correlations

About Thornburg Income Financial Statements

Thornburg Income stakeholders use historical fundamental indicators, such as Thornburg Income's Gross Profit, to determine how well the company is positioned to perform in the future. Although Thornburg Income investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thornburg Income's assets and liabilities are reflected in the revenues and expenses on Thornburg Income'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 Thornburg Income Builder. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit124.4 M130.6 M

Also Currently Popular

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 Thornburg Income Builder is a strong investment it is important to analyze Thornburg Income's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Thornburg Income's future performance. For an informed investment choice regarding Thornburg Stock, refer to the following important reports:
Check out the analysis of Thornburg Income Correlation against competitors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Asset Management & Custody Banks 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 Thornburg Income. If investors know Thornburg 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 Thornburg Income listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
3.69
The market value of Thornburg Income Builder is measured differently than its book value, which is the value of Thornburg that is recorded on the company's balance sheet. Investors also form their own opinion of Thornburg Income's value that differs from its market value or its book value, called intrinsic value, which is Thornburg Income'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 Thornburg Income's market value can be influenced by many factors that don't directly affect Thornburg Income'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 Thornburg Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg Income'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.