Tenable Gross Profit from 2010 to 2024

TENB Stock  USD 41.88  1.13  2.63%   
Tenable Holdings' Gross Profit is increasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about 343.9 M. Gross Profit is the profit Tenable Holdings 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
2016-03-31
Previous Quarter
172.4 M
Current Value
176.6 M
Quarterly Volatility
50.4 M
 
Yuan Drop
 
Covid
Check Tenable Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tenable Holdings' main balance sheet or income statement drivers, such as Tax Provision of 11.8 M, Interest Expense of 32.9 M or Selling General Administrative of 76.2 M, as well as many indicators such as Price To Sales Ratio of 10.8, Dividend Yield of 0.0 or PTB Ratio of 11.2. Tenable financial statements analysis is a perfect complement when working with Tenable Holdings Valuation or Volatility modules.
  
Check out the analysis of Tenable Holdings Correlation against competitors.
For information on how to trade Tenable Stock refer to our How to Trade Tenable Stock guide.

Latest Tenable Holdings' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Tenable Holdings over the last few years. Gross profit is a required income statement account that reflects total revenue of Tenable Holdings minus its cost of goods sold. It is profit before Tenable Holdings 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. Tenable Holdings' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tenable Holdings' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 528.4 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Tenable Gross Profit Regression Statistics

Arithmetic Mean238,026,770
Geometric Mean179,665,525
Coefficient Of Variation76.35
Mean Deviation153,392,658
Median162,139,000
Standard Deviation181,739,426
Sample Variance33029.2T
Range532.6M
R-Value0.88
Mean Square Error7878.7T
R-Squared0.78
Significance0.000013
Slope35,856,175
Total Sum of Squares462409.1T

Tenable Gross Profit History

2024343.9 M
2023615.1 M
2022528.4 M
2021434.7 M
2020362.7 M
2019293.8 M
2018224.2 M

Other Fundumenentals of Tenable Holdings

Tenable Holdings Gross Profit component correlations

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About Tenable Holdings Financial Statements

Tenable Holdings stakeholders use historical fundamental indicators, such as Tenable Holdings' Gross Profit, to determine how well the company is positioned to perform in the future. Although Tenable Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tenable Holdings' assets and liabilities are reflected in the revenues and expenses on Tenable Holdings' 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 Tenable Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit615.1 M343.9 M
Gross Profit Margin 0.77  0.90 

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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 Tenable Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenable Holdings' 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 Tenable Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenable Holdings Stock:
Check out the analysis of Tenable Holdings Correlation against competitors.
For information on how to trade Tenable Stock refer to our How to Trade Tenable Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Systems Software 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 Tenable Holdings. If investors know Tenable 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 Tenable Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.51)
Revenue Per Share
7.435
Quarterly Revenue Growth
0.127
Return On Assets
(0.01)
Return On Equity
(0.16)
The market value of Tenable Holdings is measured differently than its book value, which is the value of Tenable that is recorded on the company's balance sheet. Investors also form their own opinion of Tenable Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tenable Holdings' 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 Tenable Holdings' market value can be influenced by many factors that don't directly affect Tenable Holdings' 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 Tenable Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenable Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenable Holdings' 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.