Hemp EBIT

Hemp (HEMP) currently reports a EBIT of $-1.2M as of September 2023. That compares with $-5.5M in the prior-year period — up 78.7% year over year. That is below the Materials sector average of $15B. Use the charts on this page to explore Hemp's EBIT history and peer comparisons.

Hemp's EBIT increased from $-5.5M to $-1.2M — a 78.7% year-over-year increase (period ending September 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Hemp's EBIT of $-1.2M is lower than the Materials sector average of $15B. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Hemp reported $-1.2M in EBIT as of September 2023. That compares with $-5.5M in the prior-year period — up 78.7% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current EBIT of $-1.2M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Materials average is $15B. From there, open related valuation or income-statement pages for Hemp, and consider following HEMP for alerts when major investors trade the stock.