this post was submitted on 18 Jun 2023
22 points (95.8% liked)

Explain Like I'm Five

14314 readers
599 users here now

Simplifying Complexity, One Answer at a Time!

Rules

  1. Be respectful and inclusive.
  2. No harassment, hate speech, or trolling.
  3. Engage in constructive discussions.
  4. Share relevant content.
  5. Follow guidelines and moderators' instructions.
  6. Use appropriate language and tone.
  7. Report violations.
  8. Foster a continuous learning environment.

founded 1 year ago
MODERATORS
Rikudou_Sage
[email protected]
sabbah
AradFort
Don_Dickle
22
What does it actually mean when they say "record profits?" (self.explainlikeimfive)
submitted 1 year ago by AyyShook to c/explainlikeimfive
5 comments fedilink hide all child comments
 

Obviously people are being price gouged, but just saying "record profits" without really being able to explain it feels like I'm just repeating what I've heard people say and not speaking on an informed level. What does it actually mean? Like before or after production and transportation costs? Before or after taxes? Raw product yeild? Something else?

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago* (last edited 1 year ago)

Even that's subject to a little fuckery, though. In absolute terms? Relative to valuation? Relative to the wider market? I imagine an actual analyst would be looking at the calculation used.