E*TRADE Financial Gross Profit

E*TRADE Financial posts a gross profit of $2.9B as of June 2020. That compares with $2.9B in the prior-year period — down 0.9% year over year. That is below the Finance sector average of $760B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, E*TRADE Financial's gross profit was $2.9B. The latest reading is $2.9B — a 0.9% year-over-year decrease (period ending June 2020). Use the history and growth charts on this page for a longer lookback.

For Finance stocks, a gross profit near $760B is typical. E*TRADE Financial's $2.9B is lower that level. That is roughly 99.6% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Gross Profit is one piece of E*TRADE Financial's financial statement story. At $2.9B, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for ETFC's gross profit usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $760B), and (3) consistency with growth and profitability. This page covers the first two; E*TRADE Financial's other metric pages and overview cover the third.