Figs Pretax Profit Margin from 2010 to 2024

FIGS Stock  USD 4.71  0.05  1.07%   
Figs Pretax Profit Margin yearly trend continues to be comparatively stable with very little volatility. Pretax Profit Margin will likely drop to 0.06 in 2024. From the period from 2010 to 2024, Figs Pretax Profit Margin quarterly data regression had r-value of  0.54 and coefficient of variation of  191.26. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.07478658
Current Value
0.0634
Quarterly Volatility
0.05981294
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Figs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Figs main balance sheet or income statement drivers, such as Tax Provision of 12.6 M, Net Interest Income of 5.8 M or Interest Income of 5.8 M, as well as many exotic indicators such as Price To Sales Ratio of 2.03, Dividend Yield of 0.0 or PTB Ratio of 2.94. Figs financial statements analysis is a perfect complement when working with Figs Valuation or Volatility modules.
  
This module can also supplement Figs' financial leverage analysis and stock options assessment as well as various Figs Technical models . Check out the analysis of Figs Correlation against competitors.

Latest Figs' Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Figs Inc over the last few years. It is Figs' Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Figs' overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Figs Pretax Profit Margin Regression Statistics

Arithmetic Mean0.03
Geometric Mean0
Coefficient Of Variation191.26
Mean Deviation0.04
Median0
Standard Deviation0.06
Sample Variance0
Range0.2197
R-Value0.54
Mean Square Error0
R-Squared0.29
Significance0.04
Slope0.01
Total Sum of Squares0.05

Figs Pretax Profit Margin History

2024 0.0634
2023 0.0748
2022 0.0766
2021 0.0235
2020 0.22

About Figs Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Figs income statement, its balance sheet, and the statement of cash flows. Figs investors use historical funamental indicators, such as Figs's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Figs investors may use each financial statement separately, they are all related. The changes in Figs's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Figs'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 Figs Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Figs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.07  0.06 

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When determining whether Figs Inc is a strong investment it is important to analyze Figs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Figs' future performance. For an informed investment choice regarding Figs Stock, refer to the following important reports:
Check out the analysis of Figs Correlation against competitors.
Note that the Figs Inc information on this page should be used as a complementary analysis to other Figs' 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Figs' price analysis, check to measure Figs' 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 Figs is operating at the current time. Most of Figs' value examination focuses on studying past and present price action to predict the probability of Figs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Figs' price. Additionally, you may evaluate how the addition of Figs to your portfolios can decrease your overall portfolio volatility.
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Is Figs' 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 Figs. If investors know Figs 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 Figs 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
1.55
Earnings Share
0.12
Revenue Per Share
3.247
Return On Assets
0.049
Return On Equity
0.0661
The market value of Figs Inc is measured differently than its book value, which is the value of Figs that is recorded on the company's balance sheet. Investors also form their own opinion of Figs' value that differs from its market value or its book value, called intrinsic value, which is Figs' 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 Figs' market value can be influenced by many factors that don't directly affect Figs' 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 Figs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Figs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Figs' 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.