What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

abrdn Income Credit Strategies ACP Gross Profit

Discontinued — last reported Q3 '18

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HF SinclairDINO

——

Other financials

Income statement

See full

Revenue$2.2B+18.2%

Net income-$459.0M-8.8%

EPS (diluted)-$0.71+10.1%

Balance sheet

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Cash & equivalents$1.3B-40.5%

Total debt$6.9B-5.9%

Total assets$12.9B-16.5%

Cash flow

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Operating cash flow$397.0M+318%

CapEx$114.0M+29.5%

Free cash flow$283.0M+205%

Valuation

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Market cap$0+1.6%

Profitability

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Gross margin-56.5%—

Net margin-3.4%-1.3pp

FCF margin20%—

Returns & leverage

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Return on equity-0.1%—

Debt / equity0.7×—

Where this comes from

Calculated from abrdn Income Credit Strategies’s reported figures.

$2.6Btotal revenue−$2.4Btotal cost of revenue=$163M

The official record: abrdn Income Credit Strategies’s 10-K, filed February 28, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.