Harrow Pretax Profit Margin from 2010 to 2024

HROW Stock  USD 11.82  0.48  3.90%   
Harrow Health Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin will likely drop to -0.19 in 2024. During the period from 2010 to 2024, Harrow Health Pretax Profit Margin regression line of quarterly data had mean square error of  36,626 and geometric mean of  1.29. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
(0.18)
Current Value
(0.19)
Quarterly Volatility
195.40551949
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Harrow Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Harrow main balance sheet or income statement drivers, such as Interest Expense of 22.4 M, Selling General Administrative of 87.2 M or Selling And Marketing Expenses of 37.7 M, as well as many exotic indicators such as Price To Sales Ratio of 2.67, Dividend Yield of 0.0024 or PTB Ratio of 4.93. Harrow financial statements analysis is a perfect complement when working with Harrow Health Valuation or Volatility modules.
  
This module can also supplement Harrow Health's financial leverage analysis and stock options assessment as well as various Harrow Health Technical models . Check out the analysis of Harrow Health Correlation against competitors.
For more information on how to buy Harrow Stock please use our How to Invest in Harrow Health guide.

Latest Harrow Health's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Harrow Health over the last few years. It is Harrow Health's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Harrow Health's 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  

Harrow Pretax Profit Margin Regression Statistics

Arithmetic Mean(62.37)
Geometric Mean1.29
Coefficient Of Variation(313.32)
Mean Deviation93.59
Median(0.48)
Standard Deviation195.41
Sample Variance38,183
Range765
R-Value0.33
Mean Square Error36,626
R-Squared0.11
Significance0.23
Slope14.45
Total Sum of Squares534,566

Harrow Pretax Profit Margin History

2024 -0.19
2023 -0.18
2022 -0.16
2021 -0.25
2020 -0.0699
2019 -0.002443
2018 0.35

About Harrow Health Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Harrow Health income statement, its balance sheet, and the statement of cash flows. Harrow Health investors use historical funamental indicators, such as Harrow Health's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Harrow Health investors may use each financial statement separately, they are all related. The changes in Harrow Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Harrow Health'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 Harrow Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Harrow Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.18)(0.19)

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When determining whether Harrow Health is a strong investment it is important to analyze Harrow Health's 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 Harrow Health's future performance. For an informed investment choice regarding Harrow Stock, refer to the following important reports:
Check out the analysis of Harrow Health Correlation against competitors.
For more information on how to buy Harrow Stock please use our How to Invest in Harrow Health guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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Is Harrow Health'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 Harrow Health. If investors know Harrow 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 Harrow Health 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
(0.64)
Earnings Share
(0.75)
Revenue Per Share
3.992
Quarterly Revenue Growth
0.788
Return On Assets
0.0022
The market value of Harrow Health is measured differently than its book value, which is the value of Harrow that is recorded on the company's balance sheet. Investors also form their own opinion of Harrow Health's value that differs from its market value or its book value, called intrinsic value, which is Harrow Health'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 Harrow Health's market value can be influenced by many factors that don't directly affect Harrow Health'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 Harrow Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harrow Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harrow Health'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.