Rent Gross Profit from 2010 to 2024

RENT Stock  USD 11.73  1.74  17.42%   
Rent The Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Rent the Runway 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
2005-07-31
Previous Quarter
15.5 M
Current Value
32.4 M
Quarterly Volatility
12.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rent The financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rent The's main balance sheet or income statement drivers, such as Depreciation And Amortization of 110.2 M, Interest Expense of 19.4 M or Selling And Marketing Expenses of 35.3 M, as well as many indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0 or PTB Ratio of 1.03. Rent financial statements analysis is a perfect complement when working with Rent The Valuation or Volatility modules.
  
Check out the analysis of Rent The Correlation against competitors.

Latest Rent The's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Rent the Runway over the last few years. Gross profit is a required income statement account that reflects total revenue of Rent the Runway minus its cost of goods sold. It is profit before Rent The 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. Rent The's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rent The's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 141.4 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Rent Gross Profit Regression Statistics

Arithmetic Mean55,387,400
Coefficient Of Variation102.23
Mean Deviation41,256,267
Median42,946,000
Standard Deviation56,621,464
Sample Variance3206T
Range227.7M
R-Value0.49
Mean Square Error2610.8T
R-Squared0.24
Significance0.06
Slope6,251,807
Total Sum of Squares44883.9T

Rent Gross Profit History

2024125.7 M
2023119.7 M
2022204.2 M
202169.7 M
2020-23.5 M
201520.6 M
201467.1 M

Other Fundumenentals of Rent the Runway

Rent The Gross Profit component correlations

-0.340.690.530.43-0.680.830.660.680.880.73-0.650.85-0.490.390.360.510.59-0.270.480.07
-0.34-0.53-0.84-0.360.64-0.47-0.920.3-0.4-0.680.29-0.480.380.36-0.230.290.16-0.150.270.06
0.69-0.530.70.5-0.840.770.670.250.680.85-0.70.78-0.680.40.140.40.3-0.430.170.21
0.53-0.840.70.22-0.890.80.84-0.010.520.91-0.710.79-0.710.080.550.120.16-0.320.00.41
0.43-0.360.50.22-0.30.250.480.260.580.43-0.220.28-0.320.17-0.180.20.240.080.27-0.28
-0.680.64-0.84-0.89-0.3-0.82-0.74-0.3-0.72-0.970.88-0.820.86-0.44-0.53-0.47-0.460.5-0.34-0.47
0.83-0.470.770.80.25-0.820.670.380.640.88-0.771.0-0.620.370.460.40.4-0.410.310.4
0.66-0.920.670.840.48-0.740.670.030.660.79-0.450.68-0.45-0.160.29-0.050.080.04-0.05-0.06
0.680.30.25-0.010.26-0.30.380.030.730.32-0.580.39-0.440.740.460.850.94-0.450.830.16
0.88-0.40.680.520.58-0.720.640.660.730.76-0.720.65-0.670.480.460.620.75-0.330.580.04
0.73-0.680.850.910.43-0.970.880.790.320.76-0.860.87-0.850.410.510.440.45-0.450.340.42
-0.650.29-0.7-0.71-0.220.88-0.77-0.45-0.58-0.72-0.86-0.760.96-0.74-0.72-0.78-0.730.79-0.55-0.69
0.85-0.480.780.790.28-0.821.00.680.390.650.87-0.76-0.610.360.450.390.4-0.390.30.37
-0.490.38-0.68-0.71-0.320.86-0.62-0.45-0.44-0.67-0.850.96-0.61-0.68-0.68-0.71-0.650.76-0.48-0.66
0.390.360.40.080.17-0.440.37-0.160.740.480.41-0.740.36-0.680.360.970.81-0.780.790.61
0.36-0.230.140.55-0.18-0.530.460.290.460.460.51-0.720.45-0.680.360.480.62-0.570.350.58
0.510.290.40.120.2-0.470.4-0.050.850.620.44-0.780.39-0.710.970.480.9-0.780.80.55
0.590.160.30.160.24-0.460.40.080.940.750.45-0.730.4-0.650.810.620.9-0.540.880.31
-0.27-0.15-0.43-0.320.080.5-0.410.04-0.45-0.33-0.450.79-0.390.76-0.78-0.57-0.78-0.54-0.31-0.83
0.480.270.170.00.27-0.340.31-0.050.830.580.34-0.550.3-0.480.790.350.80.88-0.310.24
0.070.060.210.41-0.28-0.470.4-0.060.160.040.42-0.690.37-0.660.610.580.550.31-0.830.24
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About Rent The Financial Statements

Rent The shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Rent The investors may analyze each financial statement separately, they are all interrelated. The changes in Rent The's assets and liabilities, for example, are also reflected in the revenues and expenses on on Rent The'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 Profit119.7 M125.7 M
Gross Profit Margin 0.40  0.65 

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Additional Tools for Rent Stock Analysis

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