Wells Gross Profit from 2010 to 2024
WFC Stock | USD 57.77 0.26 0.45% |
Gross Profit | First Reported 1990-03-31 | Previous Quarter 18.8 B | Current Value 20.5 B | Quarterly Volatility 8.5 B |
Check Wells Fargo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wells main balance sheet or income statement drivers, such as Interest Expense of 34.4 B, Other Operating Expenses of 58.3 B or Operating Income of 17.1 B, as well as many exotic indicators such as Short Term Coverage Ratios of 3.57, Price Earnings Ratio of 11.3 or Price To Sales Ratio of 2.18. Wells financial statements analysis is a perfect complement when working with Wells Fargo Valuation or Volatility modules.
Wells | Gross Profit |
Latest Wells Fargo's Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Wells Fargo over the last few years. Gross profit is a required income statement account that reflects total revenue of Wells Fargo minus its cost of goods sold. It is profit before Wells Fargo 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. Wells Fargo's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wells Fargo's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 72.25 B | 10 Years Trend |
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Gross Profit |
Timeline |
Wells Gross Profit Regression Statistics
Arithmetic Mean | 74,429,605,124 | |
Geometric Mean | 60,577,620,911 | |
Coefficient Of Variation | 29.93 | |
Mean Deviation | 13,401,645,818 | |
Median | 82,308,000,000 | |
Standard Deviation | 22,275,875,587 | |
Sample Variance | 496214633.2T | |
Range | 85.9B | |
R-Value | 0.19 | |
Mean Square Error | 515983635.8T | |
R-Squared | 0.03 | |
Significance | 0.51 | |
Slope | 924,309,779 | |
Total Sum of Squares | 6947004864.5T |
Wells Gross Profit History
Other Fundumenentals of Wells Fargo
Wells Fargo Gross Profit component correlations
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About Wells Fargo Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Wells Fargo income statement, its balance sheet, and the statement of cash flows. Wells Fargo investors use historical funamental indicators, such as Wells Fargo's Gross Profit, to determine how well the company is positioned to perform in the future. Although Wells Fargo investors may use each financial statement separately, they are all related. The changes in Wells Fargo's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wells Fargo'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 Wells Fargo Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Wells Fargo. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for 2024 | ||
Gross Profit | 82.6 B | 49.6 B | |
Gross Profit Margin | 0.00 | 0.00 |
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Check out the analysis of Wells Fargo Correlation against competitors. For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.Note that the Wells Fargo information on this page should be used as a complementary analysis to other Wells Fargo'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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Is Wells Fargo'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 Wells Fargo. If investors know Wells 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 Wells Fargo 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 0.15 | Dividend Share 1.3 | Earnings Share 4.83 | Revenue Per Share 20.931 | Quarterly Revenue Growth 0.006 |
The market value of Wells Fargo is measured differently than its book value, which is the value of Wells that is recorded on the company's balance sheet. Investors also form their own opinion of Wells Fargo's value that differs from its market value or its book value, called intrinsic value, which is Wells Fargo'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 Wells Fargo's market value can be influenced by many factors that don't directly affect Wells Fargo'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 Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wells Fargo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo'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.