Alerus Gross Profit from 2010 to 2024

ALRS Stock  USD 19.99  0.17  0.86%   
Alerus Financial Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 148.1 M in 2024. Gross Profit is the profit Alerus Financial Corp 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
2012-09-30
Previous Quarter
80.4 M
Current Value
80.6 M
Quarterly Volatility
12.5 M
 
Yuan Drop
 
Covid
Check Alerus Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alerus Financial's main balance sheet or income statement drivers, such as Interest Expense of 80.9 M, Selling General Administrative of 71.3 M or Total Revenue of 153.1 M, as well as many indicators such as Price To Sales Ratio of 1.43, Dividend Yield of 0.0202 or PTB Ratio of 1.03. Alerus financial statements analysis is a perfect complement when working with Alerus Financial Valuation or Volatility modules.
  
Check out the analysis of Alerus Financial Correlation against competitors.

Latest Alerus Financial's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Alerus Financial Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of Alerus Financial Corp minus its cost of goods sold. It is profit before Alerus Financial 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. Alerus Financial's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alerus Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 210.95 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Alerus Gross Profit Regression Statistics

Arithmetic Mean153,833,346
Geometric Mean144,350,662
Coefficient Of Variation32.15
Mean Deviation37,234,964
Median155,161,000
Standard Deviation49,450,895
Sample Variance2445.4T
Range185.2M
R-Value0.78
Mean Square Error1029.3T
R-Squared0.61
Significance0.0006
Slope8,630,255
Total Sum of Squares34235.5T

Alerus Gross Profit History

2024148.1 M
2023166.2 M
2022208.8 M
2021230.2 M
2020228.2 M
2019185.9 M
2018175.8 M

Other Fundumenentals of Alerus Financial Corp

Alerus Financial Gross Profit component correlations

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0.970.980.190.590.16-0.010.530.410.020.840.20.280.890.120.680.440.45-0.690.770.83-0.17
0.990.980.210.620.3-0.040.510.510.090.90.260.240.830.190.610.530.53-0.720.820.83-0.19
0.210.190.210.43-0.33-0.380.41-0.360.520.340.440.18-0.05-0.22-0.06-0.4-0.39-0.29-0.21-0.080.26
0.650.590.620.430.18-0.570.290.090.510.710.580.240.350.20.360.150.15-0.570.360.42-0.09
0.330.160.3-0.330.18-0.1-0.390.84-0.050.440.230.210.090.79-0.120.850.84-0.390.630.46-0.66
-0.07-0.01-0.04-0.38-0.57-0.10.040.11-0.7-0.23-0.680.00.2-0.2-0.020.120.120.260.140.050.13
0.480.530.510.410.29-0.390.04-0.150.360.350.23-0.310.36-0.640.52-0.17-0.17-0.130.150.180.53
0.50.410.51-0.360.090.840.11-0.15-0.30.560.030.270.420.570.140.950.95-0.560.830.73-0.59
0.120.020.090.520.51-0.05-0.70.36-0.30.20.72-0.32-0.37-0.2-0.06-0.38-0.38-0.06-0.29-0.340.41
0.930.840.90.340.710.44-0.230.350.560.20.530.330.610.340.510.550.55-0.810.760.77-0.28
0.320.20.260.440.580.23-0.680.230.030.720.530.0-0.20.170.23-0.01-0.01-0.330.020.07-0.05
0.240.280.240.180.240.210.0-0.310.27-0.320.330.00.30.36-0.210.310.31-0.30.330.45-0.4
0.80.890.83-0.050.350.090.20.360.42-0.370.61-0.20.30.130.660.520.52-0.560.790.87-0.29
0.240.120.19-0.220.20.79-0.2-0.640.57-0.20.340.170.360.13-0.040.650.64-0.460.430.43-0.89
0.620.680.61-0.060.36-0.12-0.020.520.14-0.060.510.23-0.210.66-0.040.180.19-0.470.430.57-0.12
0.530.440.53-0.40.150.850.12-0.170.95-0.380.55-0.010.310.520.650.181.0-0.50.890.8-0.69
0.530.450.53-0.390.150.840.12-0.170.95-0.380.55-0.010.310.520.640.191.0-0.50.890.8-0.69
-0.72-0.69-0.72-0.29-0.57-0.390.26-0.13-0.56-0.06-0.81-0.33-0.3-0.56-0.46-0.47-0.5-0.5-0.58-0.730.52
0.810.770.82-0.210.360.630.140.150.83-0.290.760.020.330.790.430.430.890.89-0.580.92-0.46
0.810.830.83-0.080.420.460.050.180.73-0.340.770.070.450.870.430.570.80.8-0.730.92-0.58
-0.21-0.17-0.190.26-0.09-0.660.130.53-0.590.41-0.28-0.05-0.4-0.29-0.89-0.12-0.69-0.690.52-0.46-0.58
Click cells to compare fundamentals

About Alerus Financial Financial Statements

Alerus Financial shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Alerus Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Alerus Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alerus Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit166.2 M148.1 M

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Additional Tools for Alerus Stock Analysis

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