Snowflake Pretax Profit Margin from 2010 to 2024

SNOW Stock  USD 164.37  3.42  2.12%   
Snowflake Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin will likely drop to -0.32 in 2024. During the period from 2010 to 2024, Snowflake Pretax Profit Margin regression line of quarterly data had r-squared of  0.77 and coefficient of variation of (48.40). View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
(0.30)
Current Value
(0.32)
Quarterly Volatility
0.65467719
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Snowflake financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snowflake main balance sheet or income statement drivers, such as Depreciation And Amortization of 125.9 M, Interest Expense of 89.2 M or Total Revenue of 2.9 B, as well as many exotic indicators such as Price To Sales Ratio of 21.72, Dividend Yield of 0.0 or PTB Ratio of 13.01. Snowflake financial statements analysis is a perfect complement when working with Snowflake Valuation or Volatility modules.
  
This module can also supplement Snowflake's financial leverage analysis and stock options assessment as well as various Snowflake Technical models . Check out the analysis of Snowflake Correlation against competitors.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.

Latest Snowflake's Pretax Profit Margin Growth Pattern

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

Snowflake Pretax Profit Margin Regression Statistics

Arithmetic Mean(1.35)
Coefficient Of Variation(48.40)
Mean Deviation0.58
Median(1.83)
Standard Deviation0.65
Sample Variance0.43
Range1.5306
R-Value0.88
Mean Square Error0.11
R-Squared0.77
Significance0.000019
Slope0.13
Total Sum of Squares6.00

Snowflake Pretax Profit Margin History

2024 -0.32
2023 -0.3
2022 -0.4
2021 -0.56
2020 -0.91
2019 -1.31

About Snowflake Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Snowflake income statement, its balance sheet, and the statement of cash flows. Snowflake investors use historical funamental indicators, such as Snowflake's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Snowflake investors may use each financial statement separately, they are all related. The changes in Snowflake's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Snowflake'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 Snowflake Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Snowflake. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.30)(0.32)

Currently Active Assets on Macroaxis

When determining whether Snowflake is a strong investment it is important to analyze Snowflake'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 Snowflake's future performance. For an informed investment choice regarding Snowflake Stock, refer to the following important reports:
Check out the analysis of Snowflake Correlation against competitors.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is Snowflake'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 Snowflake. If investors know Snowflake 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 Snowflake listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.54)
Revenue Per Share
8.556
Quarterly Revenue Growth
0.315
Return On Assets
(0.09)
Return On Equity
(0.16)
The market value of Snowflake is measured differently than its book value, which is the value of Snowflake that is recorded on the company's balance sheet. Investors also form their own opinion of Snowflake's value that differs from its market value or its book value, called intrinsic value, which is Snowflake'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 Snowflake's market value can be influenced by many factors that don't directly affect Snowflake'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 Snowflake's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snowflake is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snowflake'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.