Ardelyx Gross Profit Margin from 2010 to 2024

ARDX Stock  USD 5.69  0.34  6.36%   
Ardelyx Gross Profit Margin yearly trend continues to be fairly stable with very little volatility. Gross Profit Margin will likely drop to 0.59 in 2024. During the period from 2010 to 2024, Ardelyx Gross Profit Margin regression line of annual values had r-squared of  0.20 and arithmetic mean of  0.72. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.85701774
Current Value
0.59
Quarterly Volatility
0.28246088
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ardelyx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ardelyx's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 9.3 M or Selling General Administrative of 141.1 M, as well as many indicators such as Price To Sales Ratio of 10.38, Dividend Yield of 0.0 or PTB Ratio of 8.56. Ardelyx financial statements analysis is a perfect complement when working with Ardelyx Valuation or Volatility modules.
  
Check out the analysis of Ardelyx Correlation against competitors.
For more information on how to buy Ardelyx Stock please use our How to Invest in Ardelyx guide.

Latest Ardelyx's Gross Profit Margin Growth Pattern

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

Ardelyx Gross Profit Margin Regression Statistics

Arithmetic Mean0.72
Geometric Mean0.58
Coefficient Of Variation39.16
Mean Deviation0.21
Median0.82
Standard Deviation0.28
Sample Variance0.08
Range0.952
R-Value0.44
Mean Square Error0.07
R-Squared0.20
Significance0.1
Slope0.03
Total Sum of Squares1.12

Ardelyx Gross Profit Margin History

2024 0.59
2023 0.86
2022 0.92
2021 0.9
2020 0.98
2019 0.89
2018 0.82

About Ardelyx Financial Statements

Ardelyx investors use historical fundamental indicators, such as Ardelyx'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 Ardelyx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit Margin 0.86  0.59 

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Additional Tools for Ardelyx Stock Analysis

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