WTI Gross Profit from 2010 to 2024

WTI Stock  USD 1.94  0.03  1.57%   
WT Offshore's Gross Profit is decreasing with stable movements from year to year. Gross Profit is estimated to finish at about 349.5 M this year. Gross Profit is the profit WT Offshore 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
2002-12-31
Previous Quarter
15.1 M
Current Value
81 M
Quarterly Volatility
80.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WT Offshore financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WT Offshore's main balance sheet or income statement drivers, such as Interest Expense of 46.4 M, Total Revenue of 690.9 M or Gross Profit of 349.5 M, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0026 or PTB Ratio of 16.07. WTI financial statements analysis is a perfect complement when working with WT Offshore Valuation or Volatility modules.
  
Check out the analysis of WT Offshore Correlation against competitors.
For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.

Latest WT Offshore's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of WT Offshore over the last few years. Gross profit is a required income statement account that reflects total revenue of WT Offshore minus its cost of goods sold. It is profit before WT Offshore 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. WT Offshore's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in WT Offshore's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 661.46 M10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

WTI Gross Profit Regression Statistics

Arithmetic Mean366,829,827
Geometric Mean301,620,833
Coefficient Of Variation59.35
Mean Deviation153,127,762
Median357,924,000
Standard Deviation217,716,981
Sample Variance47400.7T
Range891.1M
R-Value(0.16)
Mean Square Error49685.6T
R-Squared0.03
Significance0.56
Slope(7,950,065)
Total Sum of Squares663609.6T

WTI Gross Profit History

2024349.5 M
2023248.7 M
2022527.8 M
2021416.6 M
2020205.4 M
2019357.9 M
2018406.6 M

Other Fundumenentals of WT Offshore

WT Offshore Gross Profit component correlations

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About WT Offshore Financial Statements

Investors use fundamental indicators, such as WT Offshore's Gross Profit, to determine how well the company is positioned to perform in the future. Although WT Offshore'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 Profit248.7 M349.5 M
Gross Profit Margin 0.47  0.74 

Currently Active Assets on Macroaxis

When determining whether WT Offshore offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WT Offshore'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 Wt Offshore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wt Offshore Stock:
Check out the analysis of WT Offshore Correlation against competitors.
For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Oil & Gas Exploration & Production 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 WT Offshore. If investors know WTI 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 WT Offshore 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
(0.98)
Dividend Share
0.04
Earnings Share
(0.43)
Revenue Per Share
3.657
Quarterly Revenue Growth
(0.15)
The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore'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 WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore'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 WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore'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.