Steelcase Gross Profit from 2010 to 2024

SCS Stock  USD 13.47  0.07  0.52%   
Steelcase Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 759.3 M in 2024. Gross Profit is the profit Steelcase 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
1997-05-31
Previous Quarter
241.4 M
Current Value
295.4 M
Quarterly Volatility
99.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Steelcase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steelcase's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.7 M, Interest Expense of 19.3 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.16 or PTB Ratio of 2.23. Steelcase financial statements analysis is a perfect complement when working with Steelcase Valuation or Volatility modules.
  
Check out the analysis of Steelcase Correlation against competitors.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Latest Steelcase's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Steelcase over the last few years. Gross profit is a required income statement account that reflects total revenue of Steelcase minus its cost of goods sold. It is profit before Steelcase 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. Steelcase's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Steelcase's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 921.9 M10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

Steelcase Gross Profit Regression Statistics

Arithmetic Mean909,093,905
Geometric Mean902,852,630
Coefficient Of Variation11.99
Mean Deviation90,153,981
Median919,400,000
Standard Deviation109,042,803
Sample Variance11890.3T
Range328.6M
R-Value(0.26)
Mean Square Error11912T
R-Squared0.07
Significance0.34
Slope(6,439,071)
Total Sum of Squares166464.7T

Steelcase Gross Profit History

2024759.3 M
2023B
2022919.4 M
2021761.5 M
2019762.8 M
20181.1 B
2017B

Other Fundumenentals of Steelcase

Steelcase Gross Profit component correlations

0.450.60.56-0.030.150.670.720.780.85-0.570.950.560.150.520.30.9-0.01-0.150.340.380.740.76
0.45-0.240.98-0.760.64-0.280.260.480.16-0.840.360.870.860.810.040.250.27-0.110.010.210.240.3
0.6-0.24-0.140.48-0.030.840.420.540.820.010.680.15-0.340.190.330.72-0.010.020.670.030.580.25
0.560.98-0.14-0.680.64-0.20.270.490.23-0.880.440.860.830.80.080.310.13-0.180.080.140.240.35
-0.03-0.760.48-0.68-0.330.570.1-0.020.260.440.1-0.69-0.63-0.52-0.010.2-0.430.120.02-0.050.1-0.12
0.150.64-0.030.64-0.33-0.35-0.120.380.14-0.610.180.610.820.72-0.340.090.20.230.22-0.33-0.06-0.31
0.67-0.280.84-0.20.57-0.350.730.590.830.050.76-0.04-0.52-0.030.390.84-0.080.080.340.450.790.56
0.720.260.420.270.1-0.120.730.740.68-0.290.790.32-0.040.280.320.840.040.20.040.770.930.77
0.780.480.540.49-0.020.380.590.740.87-0.570.880.580.220.580.240.890.360.190.410.470.850.45
0.850.160.820.230.260.140.830.680.87-0.330.920.38-0.10.40.310.950.210.090.510.380.790.47
-0.57-0.840.01-0.880.44-0.610.05-0.29-0.57-0.33-0.47-0.74-0.71-0.79-0.16-0.37-0.050.11-0.18-0.14-0.3-0.29
0.950.360.680.440.10.180.760.790.880.92-0.470.480.090.450.20.980.110.070.340.430.860.7
0.560.870.150.86-0.690.61-0.040.320.580.38-0.740.480.730.940.190.40.37-0.050.350.170.380.28
0.150.86-0.340.83-0.630.82-0.52-0.040.22-0.1-0.710.090.730.77-0.32-0.030.140.01-0.13-0.12-0.08-0.03
0.520.810.190.8-0.520.72-0.030.280.580.4-0.790.450.940.770.110.370.270.020.330.10.320.14
0.30.040.330.08-0.01-0.340.390.320.240.31-0.160.20.19-0.320.110.26-0.09-0.440.50.340.370.2
0.90.250.720.310.20.090.840.840.890.95-0.370.980.4-0.030.370.260.150.140.310.540.910.67
-0.010.27-0.010.13-0.430.2-0.080.040.360.21-0.050.110.370.140.27-0.090.150.390.090.330.25-0.09
-0.15-0.110.02-0.180.120.230.080.20.190.090.110.07-0.050.010.02-0.440.140.39-0.210.240.22-0.12
0.340.010.670.080.020.220.340.040.410.51-0.180.340.35-0.130.330.50.310.09-0.21-0.320.21-0.12
0.380.210.030.14-0.05-0.330.450.770.470.38-0.140.430.17-0.120.10.340.540.330.24-0.320.720.6
0.740.240.580.240.1-0.060.790.930.850.79-0.30.860.38-0.080.320.370.910.250.220.210.720.7
0.760.30.250.35-0.12-0.310.560.770.450.47-0.290.70.28-0.030.140.20.67-0.09-0.12-0.120.60.7
Click cells to compare fundamentals

About Steelcase Financial Statements

Steelcase shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Steelcase investors may analyze each financial statement separately, they are all interrelated. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses on on Steelcase'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 ProfitB759.3 M
Gross Profit Margin 0.32  0.33 

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Additional Tools for Steelcase Stock Analysis

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