Goosehead Gross Profit from 2010 to 2024

GSHD Stock  USD 126.12  0.38  0.30%   
Goosehead Insurance's Gross Profit is increasing over the years with slightly volatile fluctuation. Gross Profit is expected to dwindle to about 55.7 M. Gross Profit is the profit Goosehead Insurance 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
2017-03-31
Previous Quarter
35.5 M
Current Value
34.8 M
Quarterly Volatility
6.2 B
 
Covid
Check Goosehead Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goosehead Insurance's main balance sheet or income statement drivers, such as Interest Income of 851.6 K, Depreciation And Amortization of 9.9 M or Interest Expense of 3.6 M, as well as many indicators such as Price To Sales Ratio of 6.94, Dividend Yield of 0.0263 or PTB Ratio of 33.68. Goosehead financial statements analysis is a perfect complement when working with Goosehead Insurance Valuation or Volatility modules.
  
Check out the analysis of Goosehead Insurance Correlation against competitors.
For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.

Latest Goosehead Insurance's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Goosehead Insurance over the last few years. Gross profit is a required income statement account that reflects total revenue of Goosehead Insurance minus its cost of goods sold. It is profit before Goosehead Insurance 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. Goosehead Insurance's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Goosehead Insurance's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 74.69 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Goosehead Gross Profit Regression Statistics

Arithmetic Mean43,313,315
Geometric Mean34,551,966
Coefficient Of Variation56.97
Mean Deviation17,649,606
Median31,483,948
Standard Deviation24,674,547
Sample Variance608.8T
Range106.8M
R-Value0.65
Mean Square Error382T
R-Squared0.42
Significance0.01
Slope3,564,235
Total Sum of Squares8523.7T

Goosehead Gross Profit History

202455.7 M
2023108.7 M
202276.1 M
202158.3 M
202050.2 M
201935.8 M
20181.9 M

Other Fundumenentals of Goosehead Insurance

Goosehead Insurance Gross Profit component correlations

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About Goosehead Insurance Financial Statements

Goosehead Insurance stakeholders use historical fundamental indicators, such as Goosehead Insurance's Gross Profit, to determine how well the company is positioned to perform in the future. Although Goosehead Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Goosehead Insurance's assets and liabilities are reflected in the revenues and expenses on Goosehead Insurance'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 Goosehead Insurance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit108.7 M55.7 M
Gross Profit Margin 0.42  0.29 

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When determining whether Goosehead Insurance is a strong investment it is important to analyze Goosehead Insurance'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 Goosehead Insurance's future performance. For an informed investment choice regarding Goosehead Stock, refer to the following important reports:
Check out the analysis of Goosehead Insurance Correlation against competitors.
For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Insurance Brokers 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 Goosehead Insurance. If investors know Goosehead 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 Goosehead Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.051
Earnings Share
0.71
Revenue Per Share
11.444
Quarterly Revenue Growth
0.1
Return On Assets
0.0637
The market value of Goosehead Insurance is measured differently than its book value, which is the value of Goosehead that is recorded on the company's balance sheet. Investors also form their own opinion of Goosehead Insurance's value that differs from its market value or its book value, called intrinsic value, which is Goosehead Insurance'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 Goosehead Insurance's market value can be influenced by many factors that don't directly affect Goosehead Insurance'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 Goosehead Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goosehead Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goosehead Insurance'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.