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Gross Profit AnalysisGross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Distress Driver Correlations
About Gross ProfitGross Profit varies significantly from one sector to another and tells investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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Citigroup Gross Profit Assessment
According to company disclosure Citigroup Inc reported 62.56 B of gross profit. This is 2451.07% higher than that of the Services sector, and significantly higher than that of Banking industry, The Gross Profit for all stocks is 187.69% lower than the firm.