Newtek Gross Profit Margin from 2010 to 2024

NEWTZ Stock  USD 24.68  0.07  0.28%   
Newtek Business Gross Profit Margin yearly trend continues to be fairly stable with very little volatility. Gross Profit Margin will likely drop to 0.49 in 2024. During the period from 2010 to 2024, Newtek Business Gross Profit Margin regression line of annual values had r-squared of  0.43 and arithmetic mean of  0.63. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.8249841
Current Value
0.49
Quarterly Volatility
0.209613
 
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 Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Newtek Business Services over the last few years. It is Newtek Business' Gross Profit Margin 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.
Gross Profit Margin10 Years Trend
Slightly volatile
   Gross Profit Margin   
       Timeline  

Newtek Gross Profit Margin Regression Statistics

Arithmetic Mean0.63
Geometric Mean0.59
Coefficient Of Variation33.44
Mean Deviation0.19
Median0.75
Standard Deviation0.21
Sample Variance0.04
Range0.5722
R-Value0.66
Mean Square Error0.03
R-Squared0.43
Significance0.01
Slope0.03
Total Sum of Squares0.62

Newtek Gross Profit Margin History

2023 0.82
2022 0.81
2019 0.84
2018 0.73
2017 0.75
2016 0.76
2015 0.8

About Newtek Business Financial Statements

Newtek Business investors use historical fundamental indicators, such as Newtek Business' 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 Newtek Business. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
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.