Atkore Gross Profit from 2010 to 2025

ATKR Stock  USD 63.78  1.17  1.87%   
Atkore International Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 700.7 M. Gross Profit is the profit Atkore International Group 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
216.1 M
Current Value
171.1 M
Quarterly Volatility
121.6 M
 
Yuan Drop
 
Covid
Check Atkore International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Atkore International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 81.8 M, Total Revenue of 2.4 B or Gross Profit of 700.7 M, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0087 or PTB Ratio of 2.24. Atkore financial statements analysis is a perfect complement when working with Atkore International Valuation or Volatility modules.
  
Check out the analysis of Atkore International Correlation against competitors.

Latest Atkore International's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Atkore International Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Atkore International Group minus its cost of goods sold. It is profit before Atkore International 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. Atkore International's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Atkore International's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 958.39 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Atkore Gross Profit Regression Statistics

Arithmetic Mean653,161,612
Geometric Mean512,658,856
Coefficient Of Variation72.22
Mean Deviation400,531,515
Median491,314,000
Standard Deviation471,717,170
Sample Variance222517.1T
Range1.4B
R-Value0.79
Mean Square Error87780.5T
R-Squared0.63
Significance0.0002
Slope78,755,555
Total Sum of Squares3337756.3T

Atkore Gross Profit History

2025700.7 M
20241.2 B
20231.1 B
20221.3 B
20211.6 B
20201.1 B
2019491.3 M

Other Fundumenentals of Atkore International

Atkore International Gross Profit component correlations

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0.970.820.230.850.970.940.920.970.7-0.330.880.870.580.09-0.630.06-0.34-0.880.790.570.820.960.97-0.82
0.940.790.20.820.970.920.920.980.64-0.40.870.880.60.09-0.71-0.01-0.46-0.890.720.590.860.940.98-0.75
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-0.87-0.95-0.27-0.96-0.82-0.75-0.86-0.78-0.8-0.760.31-0.93-0.92-0.51-0.020.520.120.250.82-0.98-0.5-0.7-0.91-0.84
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About Atkore International Financial Statements

Atkore International shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Atkore International investors may analyze each financial statement separately, they are all interrelated. The changes in Atkore International's assets and liabilities, for example, are also reflected in the revenues and expenses on on Atkore International'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 Profit1.2 B700.7 M
Gross Profit Margin 0.30  0.21 

Pair Trading with Atkore International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atkore International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atkore International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atkore Stock

  0.73TE T1 Energy Symbol ChangePairCorr
  0.83ELPW Elong Power HoldingPairCorr

Moving against Atkore Stock

  0.56ENS EnersysPairCorr
  0.53EPOW Sunrise New EnergyPairCorr
The ability to find closely correlated positions to Atkore International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atkore International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atkore International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atkore International Group to buy it.
The correlation of Atkore International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atkore International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atkore International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atkore International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Atkore Stock Analysis

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