Meredith's gross profit is $3B, below the Telecommunications sector average of $640B.
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+ FollowAs of Sep 30, 2021
Trailing 12 months ending Sep 30, 2021
Meredith (MDP) currently reports a gross profit of $3B as of September 2021. That compares with $2.8B in the prior-year period — up 6.2% year over year. That is below the Telecommunications sector average of $640B. Use the charts on this page to explore Meredith's gross profit history and peer comparisons.
Meredith's gross profit increased from $2.8B to $3B — a 6.2% year-over-year increase (period ending September 2021). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Meredith's gross profit of $3B is lower than the Telecommunications sector average of $640B. That is roughly 99.5% 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.
Meredith reported $3B in gross profit as of September 2021. That compares with $2.8B in the prior-year period — up 6.2% 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 gross profit of $3B, then check the historical chart for trend and the peer comparison chart for relative positioning. The Telecommunications average is $640B. From there, open related valuation or income-statement pages for Meredith, and consider following MDP for alerts when major investors trade the stock.