CCC Gross Profit from 2010 to 2024
| CCCS Stock | USD 10.98 0.20 1.86% |
Gross Profit | First Reported 2010-12-31 | Previous Quarter 636.2 M | Current Value 552.7 M | Quarterly Volatility 82.5 M |
Check CCC Intelligent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CCC main balance sheet or income statement drivers, such as Interest Expense of 60.1 M, Ebit of 79.5 M or Net Income Applicable To Common Shares of 46.4 M, as well as many exotic indicators such as Price To Sales Ratio of 10.58, Dividend Yield of 0.0348 or PTB Ratio of 4.33. CCC financial statements analysis is a perfect complement when working with CCC Intelligent Valuation or Volatility modules.
CCC | Gross Profit |
Latest CCC Intelligent's Gross Profit Growth Pattern
Below is the plot of the Gross Profit of CCC Intelligent Solutions over the last few years. Gross profit is a required income statement account that reflects total revenue of CCC Intelligent Solutions minus its cost of goods sold. It is profit before CCC Intelligent 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. CCC Intelligent's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CCC Intelligent's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 595.45 M | 10 Years Trend |
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Gross Profit |
| Timeline |
CCC Gross Profit Regression Statistics
| Arithmetic Mean | 438,577,003 | |
| Geometric Mean | 432,280,890 | |
| Coefficient Of Variation | 18.81 | |
| Mean Deviation | 66,086,804 | |
| Median | 390,435,000 | |
| Standard Deviation | 82,477,940 | |
| Sample Variance | 6802.6T | |
| Range | 245.7M | |
| R-Value | 0.78 | |
| Mean Square Error | 2906.5T | |
| R-Squared | 0.60 | |
| Significance | 0.0007 | |
| Slope | 14,324,287 | |
| Total Sum of Squares | 95236.5T |
CCC Gross Profit History
Other Fundumenentals of CCC Intelligent Solutions
CCC Intelligent Gross Profit component correlations
Click cells to compare fundamentals
About CCC Intelligent Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include CCC Intelligent income statement, its balance sheet, and the statement of cash flows. CCC Intelligent investors use historical funamental indicators, such as CCC Intelligent's Gross Profit, to determine how well the company is positioned to perform in the future. Although CCC Intelligent investors may use each financial statement separately, they are all related. The changes in CCC Intelligent's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CCC Intelligent'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 CCC Intelligent Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CCC Intelligent. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 636.2 M | 552.7 M | |
| Gross Profit Margin | 0.73 | 0.56 |
Pair Trading with CCC Intelligent
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 CCC Intelligent 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 CCC Intelligent will appreciate offsetting losses from the drop in the long position's value.Moving against CCC Stock
| 0.52 | EVCM | EverCommerce | PairCorr |
| 0.41 | NN | Nextnav Acquisition Corp | PairCorr |
The ability to find closely correlated positions to CCC Intelligent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CCC Intelligent 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 CCC Intelligent - 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 CCC Intelligent Solutions to buy it.
The correlation of CCC Intelligent 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 CCC Intelligent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CCC Intelligent Solutions 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 CCC Intelligent 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.Check out the analysis of CCC Intelligent Correlation against competitors. Note that the CCC Intelligent Solutions information on this page should be used as a complementary analysis to other CCC Intelligent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for CCC Stock analysis
When running CCC Intelligent's price analysis, check to measure CCC Intelligent'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 CCC Intelligent is operating at the current time. Most of CCC Intelligent's value examination focuses on studying past and present price action to predict the probability of CCC Intelligent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCC Intelligent's price. Additionally, you may evaluate how the addition of CCC Intelligent to your portfolios can decrease your overall portfolio volatility.
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Is CCC Intelligent's industry 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 CCC Intelligent. If investors know CCC 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 CCC Intelligent 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 712.586 | Earnings Share (0.16) | Revenue Per Share 1.449 | Quarterly Revenue Growth 0.109 | Return On Assets 0.0105 |
The market value of CCC Intelligent Solutions is measured differently than its book value, which is the value of CCC that is recorded on the company's balance sheet. Investors also form their own opinion of CCC Intelligent's value that differs from its market value or its book value, called intrinsic value, which is CCC Intelligent'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 CCC Intelligent's market value can be influenced by many factors that don't directly affect CCC Intelligent'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 CCC Intelligent's value and its price as these two are different measures arrived at by different means. Investors typically determine if CCC Intelligent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CCC Intelligent'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.