Newtek Gross Profit from 2010 to 2024

NEWTZ Stock

USD 24.68 0.07 0.28%

Newtek Business Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Newtek Business Services 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

2000-06-30

Previous Quarter

64.8 M

Current Value

31.3 M

Quarterly Volatility

13.2 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Newtek Business financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newtek Business' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 M, Total Revenue of 265.8 M or Gross Profit of 219.3 M, as well as many indicators such as Price To Sales Ratio of 1.98, Dividend Yield of 0.059 or PTB Ratio of 2.09. Newtek financial statements analysis is a perfect complement when working with Newtek Business Valuation or Volatility modules.

Check out the analysis of Newtek Business Correlation against competitors.

Latest Newtek Business' Gross Profit Growth Pattern

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

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Last Reported 0

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Newtek Gross Profit Regression Statistics

	Arithmetic Mean	77,966,655
	Geometric Mean	61,701,663
	Coefficient Of Variation	77.20
	Mean Deviation	42,557,077
	Median	56,610,000
	Standard Deviation	60,193,631
	Sample Variance	3623.3T
	Range	207.4M
	R-Value	0.80
	Mean Square Error	1385.6T
	R-Squared	0.64
	Significance	0.0003
	Slope	10,808,911
	Total Sum of Squares	50725.8T

Newtek Gross Profit History

	2024	219.3 M
	2023	208.8 M
	2022	85 M
	2021	118 M
	2020	56.3 M
	2019	74.5 M
	2018	56.6 M

Other Fundumenentals of Newtek Business Services

Gross Profit Margin

Newtek Business Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Total Current Assets	Retained Earnings	Short Term Debt	Common Stock	Accounts Payable	Good Will	Short Term Investments	Net Receivables	Intangible Assets	Current Deferred Revenue	Net Tangible Assets	Long Term Debt	Long Term Investments	Deferred Long Term Liab
Total Assets		0.63	0.99	0.98	0.75	0.69	0.04	-0.21	0.38	0.74	0.84	-0.02	0.97	-0.06	0.79	0.77	0.77	0.76
Total Stockholder Equity	0.63		0.67	0.45	-0.02	0.79	0.13	-0.39	0.56	0.75	0.31	0.43	0.63	-0.21	0.86	0.84	0.86	0.85
Net Debt	0.99	0.67		0.95	0.68	0.75	0.02	-0.19	0.41	0.73	0.84	0.08	0.97	-0.03	0.83	0.81	0.81	0.8
Total Liab	0.98	0.45	0.95		0.86	0.59	0.0	-0.13	0.29	0.64	0.88	-0.13	0.95	-0.01	0.69	0.67	0.66	0.64
Total Current Assets	0.75	-0.02	0.68	0.86		0.22	0.01	-0.04	0.1	0.41	0.74	-0.4	0.73	0.01	0.35	0.33	0.31	0.28
Retained Earnings	0.69	0.79	0.75	0.59	0.22		0.12	-0.03	0.53	0.56	0.46	0.53	0.68	-0.07	0.85	0.85	0.86	0.84
Short Term Debt	0.04	0.13	0.02	0.0	0.01	0.12		0.01	0.22	0.14	-0.15	-0.18	0.1	-0.9	0.26	0.24	0.25	0.24
Common Stock	-0.21	-0.39	-0.19	-0.13	-0.04	-0.03	0.01		0.04	-0.56	-0.03	0.08	-0.26	0.17	-0.29	-0.26	-0.28	-0.29
Accounts Payable	0.38	0.56	0.41	0.29	0.1	0.53	0.22	0.04		0.7	-0.05	0.34	0.36	-0.14	0.46	0.44	0.45	0.45
Good Will	0.74	0.75	0.73	0.64	0.41	0.56	0.14	-0.56	0.7		0.34	0.1	0.74	-0.21	0.7	0.67	0.68	0.68
Short Term Investments	0.84	0.31	0.84	0.88	0.74	0.46	-0.15	-0.03	-0.05	0.34		-0.1	0.8	0.16	0.54	0.53	0.51	0.49
Net Receivables	-0.02	0.43	0.08	-0.13	-0.4	0.53	-0.18	0.08	0.34	0.1	-0.1		-0.02	0.23	0.26	0.22	0.25	0.23
Intangible Assets	0.97	0.63	0.97	0.95	0.73	0.68	0.1	-0.26	0.36	0.74	0.8	-0.02		-0.14	0.84	0.81	0.81	0.81
Current Deferred Revenue	-0.06	-0.21	-0.03	-0.01	0.01	-0.07	-0.9	0.17	-0.14	-0.21	0.16	0.23	-0.14		-0.33	-0.33	-0.34	-0.34
Net Tangible Assets	0.79	0.86	0.83	0.69	0.35	0.85	0.26	-0.29	0.46	0.7	0.54	0.26	0.84	-0.33		0.98	0.99	0.96
Long Term Debt	0.77	0.84	0.81	0.67	0.33	0.85	0.24	-0.26	0.44	0.67	0.53	0.22	0.81	-0.33	0.98		1.0	0.99
Long Term Investments	0.77	0.86	0.81	0.66	0.31	0.86	0.25	-0.28	0.45	0.68	0.51	0.25	0.81	-0.34	0.99	1.0		0.99
Deferred Long Term Liab	0.76	0.85	0.8	0.64	0.28	0.84	0.24	-0.29	0.45	0.68	0.49	0.23	0.81	-0.34	0.96	0.99	0.99

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About Newtek Business Financial Statements

Newtek Business investors use historical fundamental indicators, such as Newtek Business' Gross Profit, 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 Newtek Business. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	208.8 M	219.3 M
Gross Profit Margin	0.82	0.49

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Additional Tools for Newtek Stock Analysis

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

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