Why is the operating profit screen for the last year missing?
I tested a screen to identify shares with 5 years of positive profit and realised the 1-year ago value is actually 2-year ago, and the last year value is missing.
I used positive operating profit growth from 1 year ago as a substitute filter to demonstrate positive profit margin for last year.
Thanks for reading and responding to my comment.
Examples can be found using a dedicated operating profit search such as:
Then from the list a good example would be:
@FLTR – Flutter Entertainment
Where the Operating Profit is Positive from 2016 to 2020, but negative in the last reported year (2021).
The search rules will not find the negative 2021 results as these are from last year, and not 1-year ago.
30 seconds research reveals that the income statement shows operating profit is as of Dec 31 and the last year recorded is 2021.
There is always a lag before accounts are published, this is one of those. Probably a poorly chosen label but what else could you call those values? Understanding how your data is derived is the first step of any analytic process.
The actual, literal 12 months ago figure is not yet available, it seems to me that TTM is a good proxy.
