Net profit indicator (Historical) Formula in Excel

The Net profit indicator (Historical) formula in Excel with MarketXLS helps you analyze net profit changes over specific periods. This function retrieves historical fundamental data for a chosen symbol, making it easier to measure and compare profitability trends. By integrating it into your Excel workflows, you can quickly assess a company’s net profit performance.

Understanding Net profit indicator (Historical)

The Net profit indicator (Historical) is designed to:

• Provide insights into historical net profit changes.
• Help evaluate a company’s financial performance over different quarters and years.
• Simplify fundamental analysis by returning numeric values (or “NA” if data is not available).

Use this formula when you need a quick, data-driven approach to assess profitability trends or compare historical net profit values across multiple companies.

Syntax and Parameters

Below is the basic syntax for using the formula in Excel:

=hf_Net_Profit_Indicator(Symbol, Year, [Quarter], [TTM])

?? Note: If the function cannot find data or if the symbol is invalid, it returns "NA". License validation issues may also produce “NA.”

Return Value

The function returns a numeric value representing the historical net profit indicator for the specified symbol and period. If data is unavailable or another error occurs, it returns "NA".

Special Cases and Limitations

• Some symbols or historical periods may not have complete data.
• Invalid or unsupported symbols return "NA".
• The function relies on internet data retrieval; large-scale usage in a single spreadsheet may impact performance.

Examples and Usage

Below are various ways to reference the hf_Net_Profit_Indicator function in Excel.

? Pro Tip: Always verify that you have a valid MarketXLS subscription to avoid unexpected “NA” returns.

Basic Examples

1. Specify symbol and year only:

   =hf_Net_Profit_Indicator("MSFT", 2022)

   Returns the net profit indicator for Microsoft in the year 2022.

2. Specify symbol, year, and a particular quarter:

   =hf_Net_Profit_Indicator("MSFT", 2022, 2)

   Returns the net profit indicator for the second quarter of 2022.

3. Trailing twelve months from a specified quarter and year:

   =hf_Net_Profit_Indicator("MSFT", 2022, 3, "TTM")

   Returns the TTM net profit indicator up to the third quarter of 2022.

Using "ly", "lq", and "lt" Notation

• Last quarter:

  =hf_Net_Profit_Indicator("MSFT", "lq")

• Last quarter minus one:

  =hf_Net_Profit_Indicator("MSFT", "lq-1")

• Last year:

  =hf_Net_Profit_Indicator("MSFT", "ly")

• Last 12 months:

  =hf_Net_Profit_Indicator("MSFT", "lt")

Date Formats for the Year Parameter

You can provide the date parameter in multiple ways:

1. Using a cell reference:

   =hf_Net_Profit_Indicator(A1)

   (Where A1 contains a valid date or year string, such as "2024-03-15".)
2. Directly entering a date:

   =hf_Net_Profit_Indicator("2024-03-15")

3. Using Excel date functions:

   =hf_Net_Profit_Indicator(TEXT(A1,"yyyy-mm-dd"))

?? Note: While the function primarily works with a year or special notations (ly, lq, etc.), date strings can sometimes work but may depend on data availability.

Common Questions

1. Why do I get “NA” instead of a number?

   • This typically occurs if the symbol is invalid, data is not available for the specified period, or your MarketXLS subscription is not valid.

2. Can I use this function on large datasets?

   • Yes, but be aware that large-scale usage may impact performance because each function call retrieves data online.

3. What if I need a different fundamental metric?

   • MarketXLS provides many similar historical fundamental formulas (e.g., revenue, cost of revenue, gross profit). Check the knowledgebase for related functions.

4. Is this function compatible with mutual funds or ETFs?

   • Some mutual funds or ETFs may not have complete financial statement data. In such cases, results can be “NA.”

? Pro Tip: Combine this formula with other historical fundamentals, such as Revenue or Cost of Revenue, to get a complete profitability overview.

By using the Net profit indicator (Historical) formula effectively, you can streamline your fundamental analysis and keep track of key profitability measures directly in Excel.