Porch Gross Profit from 2010 to 2025

PRCH Stock  USD 4.62  0.13  2.74%   
Porch's Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is predicted to flatten to about 138 M. Gross Profit is the profit Porch 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
2010-12-31
Previous Quarter
241.6 M
Current Value
138 M
Quarterly Volatility
63.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Porch financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Porch's main balance sheet or income statement drivers, such as Interest Expense of 38.4 M, Income Tax Expense of 587.8 K or Tax Provision of 734.2 K, as well as many indicators such as Price To Sales Ratio of 0.75, Dividend Yield of 0.0462 or Days Sales Outstanding of 143. Porch financial statements analysis is a perfect complement when working with Porch Valuation or Volatility modules.
  
Check out the analysis of Porch Correlation against competitors.

Latest Porch's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Porch Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Porch Group minus its cost of goods sold. It is profit before Porch 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. Porch's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Porch's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 202.86 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Porch Gross Profit Regression Statistics

Arithmetic Mean94,485,188
Geometric Mean79,931,595
Coefficient Of Variation67.17
Mean Deviation52,841,634
Median56,095,000
Standard Deviation63,461,512
Sample Variance4027.4T
Range185.9M
R-Value0.76
Mean Square Error1807.9T
R-Squared0.58
Significance0.0006
Slope10,160,537
Total Sum of Squares60410.5T

Porch Gross Profit History

2025138 M
2024241.6 M
2023210.1 M
2022168.4 M
2021137.1 M
202055.7 M

Other Fundumenentals of Porch Group

Porch Gross Profit component correlations

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0.38-0.86-0.73-0.890.84-0.84-0.91-0.35-0.92-0.7-0.92-0.9-0.93-0.870.85-0.93-0.480.85-0.86-0.92-0.93-0.94-0.89
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-0.37-0.730.560.91-0.660.80.90.650.880.660.860.920.860.92-0.550.80.67-0.550.930.860.810.710.61
-0.29-0.890.830.91-0.810.890.990.650.970.610.970.980.970.99-0.820.970.73-0.820.980.970.940.90.77
-0.110.84-0.91-0.66-0.81-0.61-0.79-0.6-0.74-0.35-0.74-0.75-0.74-0.810.8-0.85-0.690.8-0.75-0.75-0.74-0.71-0.62
-0.62-0.840.650.80.89-0.610.920.280.970.830.970.940.970.85-0.640.820.36-0.640.910.960.960.950.87
-0.37-0.910.820.90.99-0.790.920.580.980.680.990.990.980.99-0.820.960.67-0.820.990.990.970.930.81
0.4-0.350.570.650.65-0.60.280.580.44-0.10.460.540.440.7-0.560.620.98-0.560.610.460.380.280.07
-0.5-0.920.760.880.97-0.740.970.980.440.770.990.991.00.94-0.740.920.53-0.740.960.990.980.960.88
-0.88-0.70.280.660.61-0.350.830.68-0.10.770.750.740.760.59-0.340.52-0.04-0.340.690.760.780.750.77
-0.48-0.920.780.860.97-0.740.970.990.460.990.750.991.00.95-0.790.930.55-0.790.971.00.990.970.86
-0.44-0.90.750.920.98-0.750.940.990.540.990.740.990.990.97-0.760.930.62-0.760.990.990.970.920.81
-0.49-0.930.780.860.97-0.740.970.980.441.00.761.00.990.94-0.770.930.53-0.770.961.00.990.970.88
-0.25-0.870.810.920.99-0.810.850.990.70.940.590.950.970.94-0.840.960.77-0.840.990.950.920.860.71
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-0.18-0.930.930.80.97-0.850.820.960.620.920.520.930.930.930.96-0.90.73-0.90.920.930.930.90.8
0.36-0.480.70.670.73-0.690.360.670.980.53-0.040.550.620.530.77-0.70.73-0.70.680.550.490.410.2
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-0.38-0.860.740.930.98-0.750.910.990.610.960.690.970.990.960.99-0.780.920.68-0.780.970.950.890.73
-0.48-0.920.780.860.97-0.750.960.990.460.990.761.00.991.00.95-0.790.930.55-0.790.970.990.970.86
-0.49-0.930.790.810.94-0.740.960.970.380.980.780.990.970.990.92-0.80.930.49-0.80.950.990.980.9
-0.51-0.940.80.710.9-0.710.950.930.280.960.750.970.920.970.86-0.80.90.41-0.80.890.970.980.93
-0.57-0.890.720.610.77-0.620.870.810.070.880.770.860.810.880.71-0.630.80.2-0.630.730.860.90.93
Click cells to compare fundamentals

About Porch Financial Statements

Investors use fundamental indicators, such as Porch's Gross Profit, to determine how well the company is positioned to perform in the future. Although Porch's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit241.6 M138 M
Gross Profit Margin 0.56  0.74 

Currently Active Assets on Macroaxis

When determining whether Porch Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Porch's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Porch Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Porch Group Stock:
Check out the analysis of Porch Correlation against competitors.
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Is Application Software 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 Porch. If investors know Porch 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 Porch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.66)
Revenue Per Share
4.589
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.06)
Return On Equity
(153.11)
The market value of Porch Group is measured differently than its book value, which is the value of Porch that is recorded on the company's balance sheet. Investors also form their own opinion of Porch's value that differs from its market value or its book value, called intrinsic value, which is Porch'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 Porch's market value can be influenced by many factors that don't directly affect Porch'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 Porch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Porch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Porch'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.