Rite Aid Profit Margin Trend from 2010 to 2020

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RAD -- USA Stock  

Fiscal Quarter End: 31st of May 2020  

Rite Aid Profit Margin is decreasing over the years with slightly volatile fluctuation. Ongoing Profit Margin is expected to grow to -0.0002 this year. During the period from 2010 to 2020 Rite Aid Profit Margin anual values regression line had coefficient of variation of(203.53) and r-squared of  0.43. Rite Aid Consolidated Income is expected to significantly increase based on the last few years of reporting. The last year's Consolidated Income was at 1.9 Billion. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 800.6 M, whereas Gross Profit is expected to decline to about 4.7 B.

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Check Rite Aid financial statements over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 20.1 B, Consolidated Income of 2 B or Cost of Revenue of 15.9 B, as well as many exotic indicators such as Interest Coverage of 0.3884, Long Term Debt to Equity of 4.71 or PPandE Turnover of 14.79. This can be a perfect complement to check Rite Aid Valuation or Volatility. It can also complement various Rite Aid Technical models. Additionally, take a look at the analysis of Rite Aid Correlation with competitors.

  Rite Aid Quarterly Profit Margin

Rite Aid Profit Margin Marginal Breakdown

Showing smoothed Profit Margin of Rite Aid with missing and latest data points interpolated. Measures the ratio between a company's Net Income Common Stock and Revenues.
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(0.0212) 

          10 Years Trend
Decreasing
Slightly volatile
 Profit Margin 
      Timeline 

Rite Aid Profit Margin Regression Statistics

Arithmetic Mean(0.72)
Coefficient Of Variation(203.53)
Mean Deviation 1.36
Median(1.95)
Standard Deviation 1.46
Sample Variance 2.14
Range 3.04
R-Value(0.65)
Mean Square Error 1.37
R-Squared 0.43
Significance 0.029455
Slope(0.29)
Total Sum of Squares 21.42

Rite Aid Profit Margin Over Time

2010  0.98 
2014 (1.95) 
2019 (2.06) 
2020 (0.0002) 

About Rite Aid Financial Statement Charts

There are typically three primary documents that fall into the category of financial statements. These documents include Rite Aid income statement, its balance sheet, and the statement of cash flows. Rite Aid investors use historical funamental indicators, such as Rite Aid's Profit Margin, to determine how well the company is positioned to perform in the future. Although Rite Aid investors may use each financial statement separately, they are all related. The changes in Rite Aid's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Rite Aid's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Rite Aid Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Rite Aid. Please read more on our technical analysis and fundamental analysis pages.

Current Sentiment - RAD

Rite Aid Investor Sentiment

Predominant part of Macroaxis users are at this time bullish on Rite Aid. What is your perspective on investing in Rite Aid? Are you bullish or bearish?
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Additionally, take a look at the analysis of Rite Aid Correlation with competitors. Please also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.
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