
HyreCar HYRE
Quarterly report 2022-Q3
added 11-14-2022
HyreCar Gross Profit 2011-2026 | HYRE
Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.
Calculation formula:Importance for business:
Gross Profit = Revenue – Cost of Goods Sold (COGS)
Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
- Raw materials and supplies
- Wages of production personnel
- Depreciation of equipment
- Transportation and warehousing costs (if directly related to production)
- Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales. - Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit. - Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry. - Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.
- Increase in raw material and supply costs
- Rising production expenses
- Price reductions due to competition
- Decrease in sales volume
- Currency exchange rate fluctuations (for imports/exports)
Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.
Annual Gross Profit HyreCar
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| 9.77 M | 8.27 M | 6.01 M | 4.64 M | 311 K | 87.5 K | - | - | - | - | - |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 9.77 M | 87.5 K | 4.85 M |
Quarterly Gross Profit HyreCar
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | 3.85 M | 3.71 M | 2.95 M | - | 2.96 M | 805 K | 2.73 M | - | 2.9 M | 2.54 M | 2.18 M | - | 1.49 M | 1.69 M | 1.5 M | - | 1.45 M | 1.08 M | 423 K | - | 117 K | 72.2 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 3.85 M | 72.2 K | 1.91 M |
Gross Profit of other stocks in the Rental leasing industry
| Issuer | Gross Profit | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
Fly Leasing Limited
FLY
|
158 M | - | - | $ 519 M | ||
|
The Aaron's Company
AAN
|
1.12 B | - | 1.0 % | $ 311 M | ||
|
GATX Corporation
GATX
|
867 M | $ 168.5 | -0.65 % | $ 6.03 B | ||
|
Fortress Transportation and Infrastructure Investors LLC
FTAI
|
15.6 M | $ 205.99 | 4.64 % | $ 20.9 B | ||
|
Avis Budget Group
CAR
|
7.28 B | $ 129.04 | 0.56 % | $ 4.58 B | ||
|
AeroCentury Corp.
ACY
|
221 K | - | -8.24 % | $ 140 M | ||
|
CAI International, Inc.
CAI
|
184 M | - | 0.02 % | $ 972 M | ||
|
H&E Equipment Services
HEES
|
675 M | - | - | $ 3.43 B | ||
|
Herc Holdings
HRI
|
542 M | $ 151.37 | 2.02 % | $ 4.3 B | ||
|
McGrath RentCorp
MGRC
|
435 M | $ 104.25 | -0.65 % | $ 2.56 B | ||
|
Alta Equipment Group
ALTG
|
494 M | $ 5.01 | 8.91 % | $ 166 M | ||
|
TD Holdings
GLG
|
-189 K | - | -12.57 % | $ 3.18 M | ||
|
PROG Holdings
PRG
|
3.81 B | $ 29.38 | -0.31 % | $ 1.25 B | ||
|
AMERCO
UHAL
|
3.79 B | $ 50.49 | 0.16 % | $ 990 M | ||
|
United Rentals
URI
|
1.64 B | $ 836.53 | 3.43 % | $ 55.5 B | ||
|
Ryder System
R
|
1.37 B | $ 191.73 | 0.2 % | $ 8.26 B | ||
|
Rent-A-Center
RCII
|
2.08 B | - | 2.43 % | $ 1.49 B | ||
|
Air Lease Corporation
AL
|
1.31 B | $ 64.19 | -0.11 % | $ 7.15 B | ||
|
Textainer Group Holdings Limited
TGH
|
497 M | - | 0.01 % | $ 2.32 B | ||
|
Triton International Limited
TRTN
|
16 M | - | - | $ 4.91 B | ||
|
Willis Lease Finance Corporation
WLFC
|
272 M | $ 132.0 | -2.68 % | $ 801 M | ||
|
WillScot Mobile Mini Holdings Corp.
WSC
|
1.3 B | $ 19.56 | 3.88 % | $ 3.68 B |