HP Gross Profit from 2010 to 2024

HPQ Stock

USD 37.43 0.71 1.93%

HP Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to grow to about 16.2 B this year. Gross Profit is the profit HP Inc 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

1985-07-31

Previous Quarter

2.9 B

Current Value

2.9 B

Quarterly Volatility

1.9 B

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check HP financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HP's main balance sheet or income statement drivers, such as Depreciation And Amortization of 918.8 M, Interest Expense of 598.7 M or Total Revenue of 63.7 B, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0256 or Days Sales Outstanding of 69.39. HP financial statements analysis is a perfect complement when working with HP Valuation or Volatility modules.

Check out the analysis of HP Correlation against competitors.

Latest HP's Gross Profit Growth Pattern

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

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Last Reported 11.51 B

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Gross Profit

Timeline

HP Gross Profit Regression Statistics

	Arithmetic Mean	14,111,533,333
	Geometric Mean	12,562,298,717
	Coefficient Of Variation	50.51
	Mean Deviation	5,373,822,222
	Median	11,508,000,000
	Standard Deviation	7,128,369,757
	Sample Variance	50813655.4T
	Range	24.3B
	R-Value	(0.26)
	Mean Square Error	51124127.8T
	R-Squared	0.07
	Significance	0.36
	Slope	(408,732,857)
	Total Sum of Squares	711391175.4T

HP Gross Profit History

	2024	16.2 B
	2023	13.2 B
	2022	11.5 B
	2021	12.3 B
	2020	13.4 B
	2019	10.4 B
	2018	11.2 B

Other Fundumenentals of HP Inc

Gross Profit Margin

HP Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Short Term Investments	Common Stock	Long Term Debt	Good Will	Intangible Assets	Property Plant Equipment	Total Permanent Equity	Deferred Long Term Liab	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Short Long Term Debt	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.92	0.55	0.91	0.87	0.97	0.99	0.84	0.24	0.8	-0.28	-0.38	0.77	0.82	0.78	0.94	0.4	-0.24	0.59	0.52	0.39	0.6	-0.54	0.35	-0.22	0.44	0.3
Total Stockholder Equity	0.92		0.35	0.99	0.76	0.84	0.89	0.82	-0.03	0.76	-0.39	-0.03	0.64	0.73	0.67	0.97	0.48	-0.28	0.48	0.75	0.62	0.82	-0.66	0.53	-0.36	0.63	0.5
Net Debt	0.55	0.35		0.27	0.74	0.57	0.49	0.64	0.27	0.7	0.24	-0.3	0.87	0.7	0.8	0.52	0.29	-0.21	0.04	0.22	0.35	0.13	-0.34	-0.24	0.37	-0.08	-0.31
Retained Earnings	0.91	0.99	0.27		0.71	0.83	0.89	0.77	-0.03	0.71	-0.42	-0.04	0.58	0.68	0.62	0.95	0.46	-0.26	0.51	0.73	0.57	0.81	-0.63	0.56	-0.4	0.65	0.54
Net Receivables	0.87	0.76	0.74	0.71		0.84	0.85	0.91	0.29	0.96	-0.13	-0.33	0.92	0.98	0.81	0.84	0.37	-0.22	0.47	0.35	0.5	0.54	-0.5	0.26	-0.16	0.34	0.21
Total Liab	0.97	0.84	0.57	0.83	0.84		0.97	0.83	0.43	0.79	-0.32	-0.53	0.79	0.79	0.8	0.85	0.33	-0.2	0.69	0.38	0.24	0.49	-0.43	0.28	-0.15	0.36	0.24
Total Current Assets	0.99	0.89	0.49	0.89	0.85	0.97		0.83	0.28	0.77	-0.32	-0.44	0.73	0.8	0.74	0.9	0.36	-0.21	0.66	0.44	0.32	0.58	-0.49	0.4	-0.29	0.45	0.34
Short Term Debt	0.84	0.82	0.64	0.77	0.91	0.83	0.83		0.19	0.93	-0.36	-0.19	0.84	0.88	0.79	0.84	0.43	-0.28	0.56	0.45	0.61	0.73	-0.55	0.45	-0.31	0.5	0.42
Accounts Payable	0.24	-0.03	0.27	-0.03	0.29	0.43	0.28	0.19		0.25	-0.09	-0.86	0.31	0.3	0.17	-0.05	-0.01	-0.11	0.63	-0.56	-0.55	-0.3	0.15	-0.37	0.28	-0.4	-0.29
Current Deferred Revenue	0.8	0.76	0.7	0.71	0.96	0.79	0.77	0.93	0.25		-0.28	-0.2	0.93	0.98	0.81	0.81	0.36	-0.21	0.46	0.4	0.61	0.64	-0.48	0.35	-0.22	0.44	0.32
Short Term Investments	-0.28	-0.39	0.24	-0.42	-0.13	-0.32	-0.32	-0.36	-0.09	-0.28		0.01	-0.09	-0.2	-0.22	-0.24	0.06	-0.11	-0.61	-0.16	-0.21	-0.48	-0.02	-0.58	0.7	-0.47	-0.65
Common Stock	-0.38	-0.03	-0.3	-0.04	-0.33	-0.53	-0.44	-0.19	-0.86	-0.2	0.01		-0.31	-0.3	-0.29	-0.05	0.19	-0.1	-0.65	0.52	0.63	0.38	-0.26	0.25	-0.17	0.29	0.23
Long Term Debt	0.77	0.64	0.87	0.58	0.92	0.79	0.73	0.84	0.31	0.93	-0.09	-0.31		0.93	0.89	0.74	0.29	-0.15	0.32	0.36	0.48	0.42	-0.39	0.13	0.06	0.28	0.05
Good Will	0.82	0.73	0.7	0.68	0.98	0.79	0.8	0.88	0.3	0.98	-0.2	-0.3	0.93		0.79	0.8	0.33	-0.19	0.46	0.33	0.51	0.54	-0.45	0.28	-0.17	0.36	0.23
Intangible Assets	0.78	0.67	0.8	0.62	0.81	0.8	0.74	0.79	0.17	0.81	-0.22	-0.29	0.89	0.79		0.76	0.08	0.09	0.34	0.45	0.48	0.38	-0.24	0.16	-0.01	0.34	0.13
Property Plant Equipment	0.94	0.97	0.52	0.95	0.84	0.85	0.9	0.84	-0.05	0.81	-0.24	-0.05	0.74	0.8	0.76		0.51	-0.3	0.37	0.75	0.66	0.76	-0.69	0.43	-0.26	0.55	0.37
Total Permanent Equity	0.4	0.48	0.29	0.46	0.37	0.33	0.36	0.43	-0.01	0.36	0.06	0.19	0.29	0.33	0.08	0.51		-0.96	0.04	0.48	0.42	0.56	-0.96	-0.01	0.02	-0.01	-0.01
Deferred Long Term Liab	-0.24	-0.28	-0.21	-0.26	-0.22	-0.2	-0.21	-0.28	-0.11	-0.21	-0.11	-0.1	-0.15	-0.19	0.09	-0.3	-0.96		-0.05	-0.26	-0.21	-0.39	0.85	0.14	-0.09	0.18	0.12
Net Tangible Assets	0.59	0.48	0.04	0.51	0.47	0.69	0.66	0.56	0.63	0.46	-0.61	-0.65	0.32	0.46	0.34	0.37	0.04	-0.05		-0.16	-0.16	0.3	-0.04	0.38	-0.45	0.26	0.48
Long Term Debt Total	0.52	0.75	0.22	0.73	0.35	0.38	0.44	0.45	-0.56	0.4	-0.16	0.52	0.36	0.33	0.45	0.75	0.48	-0.26	-0.16		0.8	0.75	-0.65	0.4	-0.14	0.59	0.32
Capital Surpluse	0.39	0.62	0.35	0.57	0.5	0.24	0.32	0.61	-0.55	0.61	-0.21	0.63	0.48	0.51	0.48	0.66	0.42	-0.21	-0.16	0.8		0.8	-0.6	0.46	-0.31	0.57	0.42
Short Long Term Debt	0.6	0.82	0.13	0.81	0.54	0.49	0.58	0.73	-0.3	0.64	-0.48	0.38	0.42	0.54	0.38	0.76	0.56	-0.39	0.3	0.75	0.8		-0.71	0.7	-0.53	0.72	0.67
Long Term Investments	-0.54	-0.66	-0.34	-0.63	-0.5	-0.43	-0.49	-0.55	0.15	-0.48	-0.02	-0.26	-0.39	-0.45	-0.24	-0.69	-0.96	0.85	-0.04	-0.65	-0.6	-0.71		-0.12	0.08	-0.17	-0.12
Cash And Equivalents	0.35	0.53	-0.24	0.56	0.26	0.28	0.4	0.45	-0.37	0.35	-0.58	0.25	0.13	0.28	0.16	0.43	-0.01	0.14	0.38	0.4	0.46	0.7	-0.12		-0.83	0.93	0.93
Net Invested Capital	-0.22	-0.36	0.37	-0.4	-0.16	-0.15	-0.29	-0.31	0.28	-0.22	0.7	-0.17	0.06	-0.17	-0.01	-0.26	0.02	-0.09	-0.45	-0.14	-0.31	-0.53	0.08	-0.83		-0.62	-0.84
Net Working Capital	0.44	0.63	-0.08	0.65	0.34	0.36	0.45	0.5	-0.4	0.44	-0.47	0.29	0.28	0.36	0.34	0.55	-0.01	0.18	0.26	0.59	0.57	0.72	-0.17	0.93	-0.62		0.87
Capital Stock	0.3	0.5	-0.31	0.54	0.21	0.24	0.34	0.42	-0.29	0.32	-0.65	0.23	0.05	0.23	0.13	0.37	-0.01	0.12	0.48	0.32	0.42	0.67	-0.12	0.93	-0.84	0.87

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About HP Financial Statements

HP shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although HP investors may analyze each financial statement separately, they are all interrelated. The changes in HP's assets and liabilities, for example, are also reflected in the revenues and expenses on on HP's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	13.2 B	16.2 B
Gross Profit Margin	0.25	0.35

Pair Trading with HP

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if HP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in HP will appreciate offsetting losses from the drop in the long position's value.

Moving against HP Stock

0.64	WBX	Wallbox NV	Pair Corr
0.38	VSH	Vishay Intertechnology	Pair Corr
0.34	INVZW	Innoviz Technologies	Pair Corr

The ability to find closely correlated positions to HP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back HP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling HP Inc to buy it.

The correlation of HP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HP Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for HP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for HP Stock Analysis

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

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