Company / Gross Profit
IT TECH PACKAGING, INC. Gross Profit History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$6.7M
FY2024
5-year range
-$192.5K / $11.0M
FY2020-FY2024
Trend
+569.3%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Profit changed +569% YoY in FY2024, a notable deviation from the 9-year average annual change of +675%.
Based on SEC 10-K filings.
$7M in FY2024 with a 5-year CAGR of +2.8%.
Improved from $5M to $7M over the past 2 years.
Gross Profit over time
Growth rates
- 3-Year CAGR
- -15.3%
- 5-Year CAGR
- +2.8%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +2.8%, indicating consistent growth.
- In FY2024, gross profit increased 569.3% year-over-year.
- Peak gross profit was recorded in FY2017.
- Lowest gross profit in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score 3.72 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $6.7M | +569.3% |
| FY2023 | $999.9K | -79.0% |
| FY2022 | $4.8M | -56.8% |
| FY2021 | $11.0M | +5824.4% |
| FY2020 | -$192.5K | -103.3% |
| FY2019 | $5.8M | -70.8% |
| FY2018 | $20.0M | -21.8% |
| FY2017 | $25.5M | +12.1% |
| FY2016 | $22.8M | -2.3% |
| FY2015 | $23.3M | -13.8% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026