Shyft Gross Profit from 2010 to 2024

SHYF Stock  USD 14.26  0.03  0.21%   
Shyft's Gross Profit is increasing over the last several years with slightly volatile swings. Gross Profit is estimated to finish at about 157.9 M this year. Gross Profit is the profit Shyft 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
1985-09-30
Previous Quarter
40.6 M
Current Value
39.6 M
Quarterly Volatility
12.9 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shyft financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shyft's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.8 M, Interest Expense of 6.2 M or Total Revenue of 915.8 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0107 or PTB Ratio of 2.74. Shyft financial statements analysis is a perfect complement when working with Shyft Valuation or Volatility modules.
  
Check out the analysis of Shyft Correlation against competitors.

Latest Shyft's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Shyft Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Shyft Group minus its cost of goods sold. It is profit before Shyft 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. Shyft's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shyft's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 180.43 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Shyft Gross Profit Regression Statistics

Arithmetic Mean99,715,527
Geometric Mean73,761,392
Coefficient Of Variation56.69
Mean Deviation47,059,032
Median89,235,000
Standard Deviation56,533,279
Sample Variance3196T
Range197.3M
R-Value0.91
Mean Square Error560.3T
R-Squared0.84
Slope11,566,648
Total Sum of Squares44744.2T

Shyft Gross Profit History

2024157.9 M
2023150.4 M
2022180.4 M
2021199.3 M
2020146.3 M
2019117 M
201898.3 M

Other Fundumenentals of Shyft Group

Shyft Gross Profit component correlations

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About Shyft Financial Statements

Shyft stakeholders use historical fundamental indicators, such as Shyft's Gross Profit, to determine how well the company is positioned to perform in the future. Although Shyft investors may analyze each financial statement separately, they are all interrelated. For example, changes in Shyft's assets and liabilities are reflected in the revenues and expenses on Shyft's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Shyft Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit150.4 M157.9 M
Gross Profit Margin 0.17  0.18 

Currently Active Assets on Macroaxis

When determining whether Shyft Group is a strong investment it is important to analyze Shyft's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:
Check out the analysis of Shyft Correlation against competitors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Industrial Machinery & Supplies & Components 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 Shyft. If investors know Shyft 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 Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Dividend Share
0.2
Earnings Share
(0.10)
Revenue Per Share
22.898
Quarterly Revenue Growth
(0.04)
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft'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 Shyft's market value can be influenced by many factors that don't directly affect Shyft'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 Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft'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.