Empire Gross Profit from 2010 to 2024

EP Stock  USD 6.44  0.20  3.21%   
Empire Petroleum Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 2.7 M. Gross Profit is the profit Empire Petroleum Corp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2000-03-31
Previous Quarter
-328.9 K
Current Value
49 K
Quarterly Volatility
2.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Empire Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Empire Petroleum's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.5 M, Total Revenue of 42.1 M or Gross Profit of 2.7 M, as well as many indicators such as Price To Sales Ratio of 5.91, Dividend Yield of 0.0 or PTB Ratio of 7.5. Empire financial statements analysis is a perfect complement when working with Empire Petroleum Valuation or Volatility modules.
  
Check out the analysis of Empire Petroleum Correlation against competitors.

Latest Empire Petroleum's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Empire Petroleum Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of Empire Petroleum Corp minus its cost of goods sold. It is profit before Empire Petroleum 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. Empire Petroleum's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Empire Petroleum's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 12.29 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Empire Gross Profit Regression Statistics

Arithmetic Mean4,138,582
Geometric Mean0.00
Coefficient Of Variation195.87
Mean Deviation5,254,130
Median315,653
Standard Deviation8,106,275
Sample Variance65.7T
Range23.9M
R-Value0.49
Mean Square Error54T
R-Squared0.24
Significance0.07
Slope881,253
Total Sum of Squares920T

Empire Gross Profit History

20242.7 M
20233.6 M
202223.8 M
202123.9 M
20202.5 M
20192.1 M

Other Fundumenentals of Empire Petroleum Corp

Empire Petroleum Gross Profit component correlations

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0.990.99-1.00.950.61.01.0-0.1-0.37-0.05-0.2-0.2-0.09-0.060.03-0.05-0.12-0.090.04-0.09
0.970.99-0.990.920.511.01.0-0.19-0.25-0.15-0.16-0.16-0.19-0.18-0.11-0.18-0.17-0.180.04-0.19
-0.99-1.0-0.99-0.95-0.57-1.0-1.00.130.320.090.180.180.120.10.030.090.130.12-0.040.13
0.980.950.92-0.950.790.940.930.18-0.280.210.060.070.190.190.150.190.150.17-0.080.19
0.680.60.51-0.570.790.550.540.71-0.330.640.340.350.720.720.590.710.610.7-0.070.72
0.991.01.0-1.00.940.551.0-0.16-0.32-0.12-0.21-0.21-0.15-0.13-0.04-0.12-0.15-0.150.05-0.16
0.981.01.0-1.00.930.541.0-0.17-0.32-0.12-0.22-0.22-0.16-0.14-0.05-0.13-0.16-0.160.05-0.17
0.0-0.1-0.190.130.180.71-0.16-0.17-0.120.870.610.640.990.920.740.930.850.96-0.210.98
-0.35-0.37-0.250.32-0.28-0.33-0.32-0.32-0.12-0.10.570.56-0.15-0.18-0.69-0.320.14-0.13-0.24-0.11
0.05-0.05-0.150.090.210.64-0.12-0.120.87-0.10.450.490.910.940.650.930.570.76-0.610.93
-0.12-0.2-0.160.180.060.34-0.21-0.220.610.570.451.00.560.430.010.380.670.6-0.180.58
-0.11-0.2-0.160.180.070.35-0.21-0.220.640.560.491.00.590.460.040.410.690.63-0.230.61
0.01-0.09-0.190.120.190.72-0.15-0.160.99-0.150.910.560.590.950.760.960.810.94-0.270.99
0.03-0.06-0.180.10.190.72-0.13-0.140.92-0.180.940.430.460.950.740.970.70.85-0.320.97
0.080.03-0.110.030.150.59-0.04-0.050.74-0.690.650.010.040.760.740.860.420.720.020.72
0.04-0.05-0.180.090.190.71-0.12-0.130.93-0.320.930.380.410.960.970.860.640.87-0.290.96
-0.03-0.12-0.170.130.150.61-0.15-0.160.850.140.570.670.690.810.70.420.640.870.060.79
0.0-0.09-0.180.120.170.7-0.15-0.160.96-0.130.760.60.630.940.850.720.870.87-0.070.92
-0.010.040.04-0.04-0.08-0.070.050.05-0.21-0.24-0.61-0.18-0.23-0.27-0.320.02-0.290.06-0.07-0.3
0.01-0.09-0.190.130.190.72-0.16-0.170.98-0.110.930.580.610.990.970.720.960.790.92-0.3
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About Empire Petroleum Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Empire Petroleum income statement, its balance sheet, and the statement of cash flows. Empire Petroleum investors use historical funamental indicators, such as Empire Petroleum's Gross Profit, to determine how well the company is positioned to perform in the future. Although Empire Petroleum investors may use each financial statement separately, they are all related. The changes in Empire Petroleum's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Empire Petroleum'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 Empire Petroleum Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Empire Petroleum. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit3.6 M2.7 M
Gross Profit Margin 0.09  0.09 

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Additional Tools for Empire Stock Analysis

When running Empire Petroleum's price analysis, check to measure Empire Petroleum'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 Empire Petroleum is operating at the current time. Most of Empire Petroleum's value examination focuses on studying past and present price action to predict the probability of Empire Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire Petroleum's price. Additionally, you may evaluate how the addition of Empire Petroleum to your portfolios can decrease your overall portfolio volatility.