Travere Gross Profit from 2010 to 2024

TVTX Stock  USD 7.42  0.40  5.70%   
Travere Therapeutics Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Travere Therapeutics 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
2013-12-31
Previous Quarter
28.6 M
Current Value
39.9 M
Quarterly Volatility
15.5 M
 
Yuan Drop
 
Covid
Check Travere Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Travere main balance sheet or income statement drivers, such as Interest Expense of 16.4 M, Selling General Administrative of 278.8 M or Other Operating Expenses of 548.1 M, as well as many exotic indicators such as Price To Sales Ratio of 6.88, Dividend Yield of 0.0 or PTB Ratio of 3.16. Travere financial statements analysis is a perfect complement when working with Travere Therapeutics Valuation or Volatility modules.
  
This module can also supplement Travere Therapeutics' financial leverage analysis and stock options assessment as well as various Travere Therapeutics Technical models . Check out the analysis of Travere Therapeutics Correlation against competitors.
For more information on how to buy Travere Stock please use our How to Invest in Travere Therapeutics guide.

Latest Travere Therapeutics' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Travere Therapeutics over the last few years. Gross profit is a required income statement account that reflects total revenue of Travere Therapeutics minus its cost of goods sold. It is profit before Travere Therapeutics 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. Travere Therapeutics' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Travere Therapeutics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (31.35 M)10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Travere Gross Profit Regression Statistics

Arithmetic Mean113,981,446
Geometric Mean85,845,238
Coefficient Of Variation63.19
Mean Deviation63,086,133
Median129,037,000
Standard Deviation72,020,686
Sample Variance5187T
Range193.1M
R-Value0.80
Mean Square Error2010.3T
R-Squared0.64
Significance0.0003
Slope12,884,626
Total Sum of Squares72617.7T

Travere Gross Profit History

2024158.5 M
202388.9 M
2022204.4 M
2021220.7 M
2020192.2 M
2019170.1 M
2018158.7 M

Other Fundumenentals of Travere Therapeutics

Travere Therapeutics Gross Profit component correlations

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0.80.06-0.220.340.460.750.250.630.490.850.670.61-0.040.090.220.440.420.17-0.070.15-0.070.12
0.540.06-0.940.790.880.59-0.210.63-0.370.280.71-0.05-0.79-0.910.920.740.740.37-0.690.84-0.690.82
-0.68-0.22-0.94-0.83-0.94-0.730.24-0.780.33-0.38-0.80.020.740.82-0.94-0.8-0.84-0.490.64-0.940.64-0.9
0.60.340.79-0.830.810.62-0.080.66-0.190.430.710.05-0.84-0.760.720.690.680.26-0.80.73-0.80.75
0.850.460.88-0.940.810.87-0.030.88-0.090.660.910.15-0.62-0.710.920.810.840.44-0.540.81-0.540.77
0.990.750.59-0.730.620.870.010.930.10.780.980.31-0.3-0.390.780.780.810.37-0.220.66-0.220.61
0.110.25-0.210.24-0.08-0.030.010.110.760.46-0.060.290.140.24-0.31-0.17-0.23-0.320.1-0.310.1-0.25
0.940.630.63-0.780.660.880.930.110.140.760.920.35-0.35-0.490.770.680.720.43-0.250.72-0.250.66
0.20.49-0.370.33-0.19-0.090.10.760.140.50.010.460.230.36-0.36-0.17-0.23-0.380.2-0.350.2-0.28
0.860.850.28-0.380.430.660.780.460.760.50.720.55-0.1-0.140.370.40.40.23-0.090.2-0.090.16
0.960.670.71-0.80.710.910.98-0.060.920.010.720.25-0.42-0.520.860.840.850.35-0.330.72-0.330.68
0.390.61-0.050.020.050.150.310.290.350.460.550.250.010.01-0.06-0.09-0.10.150.0-0.030.0-0.07
-0.26-0.04-0.790.74-0.84-0.62-0.30.14-0.350.23-0.1-0.420.010.81-0.59-0.59-0.54-0.20.98-0.70.98-0.75
-0.350.09-0.910.82-0.76-0.71-0.390.24-0.490.36-0.14-0.520.010.81-0.78-0.46-0.45-0.30.69-0.750.69-0.74
0.720.220.92-0.940.720.920.78-0.310.77-0.360.370.86-0.06-0.59-0.780.830.850.46-0.460.87-0.460.82
0.720.440.74-0.80.690.810.78-0.170.68-0.170.40.84-0.09-0.59-0.460.830.980.35-0.540.76-0.540.75
0.740.420.74-0.840.680.840.81-0.230.72-0.230.40.85-0.1-0.54-0.450.850.980.36-0.490.81-0.490.79
0.370.170.37-0.490.260.440.37-0.320.43-0.380.230.350.15-0.2-0.30.460.350.36-0.180.47-0.180.24
-0.19-0.07-0.690.64-0.8-0.54-0.220.1-0.250.2-0.09-0.330.00.980.69-0.46-0.54-0.49-0.18-0.591.0-0.64
0.590.150.84-0.940.730.810.66-0.310.72-0.350.20.72-0.03-0.7-0.750.870.760.810.47-0.59-0.590.97
-0.19-0.07-0.690.64-0.8-0.54-0.220.1-0.250.2-0.09-0.330.00.980.69-0.46-0.54-0.49-0.181.0-0.59-0.64
0.530.120.82-0.90.750.770.61-0.250.66-0.280.160.68-0.07-0.75-0.740.820.750.790.24-0.640.97-0.64
Click cells to compare fundamentals

About Travere Therapeutics Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Travere Therapeutics income statement, its balance sheet, and the statement of cash flows. Travere Therapeutics investors use historical funamental indicators, such as Travere Therapeutics's Gross Profit, to determine how well the company is positioned to perform in the future. Although Travere Therapeutics investors may use each financial statement separately, they are all related. The changes in Travere Therapeutics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Travere Therapeutics'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 Travere Therapeutics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Travere Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit88.9 M158.5 M
Gross Profit Margin 0.61  1.03 

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When determining whether Travere Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Travere Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Travere Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Travere Therapeutics Stock:
Check out the analysis of Travere Therapeutics Correlation against competitors.
For more information on how to buy Travere Stock please use our How to Invest in Travere Therapeutics guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Is Travere Therapeutics' 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 Travere Therapeutics. If investors know Travere 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 Travere Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.41)
Revenue Per Share
2.035
Quarterly Revenue Growth
0.339
Return On Assets
(0.36)
Return On Equity
(3.16)
The market value of Travere Therapeutics is measured differently than its book value, which is the value of Travere that is recorded on the company's balance sheet. Investors also form their own opinion of Travere Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Travere Therapeutics' 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 Travere Therapeutics' market value can be influenced by many factors that don't directly affect Travere Therapeutics' 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 Travere Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Travere Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Travere Therapeutics' 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.