TickerLeague

Gross Profit for Ames National (ATLO)

According to Ames National's latest reported financial statements, the company's current gross profit (TTM) is $50.63M USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$50.63M

YoY change

+20.1%

5Y CAGR

+1.7%

Peak year (2021)

$67.29M

Cumulative gross profit

$1.09B

Gross Profit history chart for Ames National (ATLO) from 2000 to 2025

Gross Profit history table for Ames National (ATLO) from 2000 to 2025

Fiscal yearPeriod endedReportedGross ProfitYoY
2025$65.14M+20.1%
2024$54.22M+2.2%
2023$53.05M-16.9%
2022$63.80M-5.2%
2021$67.29M+12.6%
2020$59.78M+13.7%
2019$52.56M+6.4%
2018$49.39M+5.8%
2017$46.69M-1.7%
2016$47.47M+2.9%
2015$46.13M+4.8%
2014$44.00M+9.2%
2013$40.29M+1.4%
2012$39.73M+6.5%
2011$37.32M+4.6%
2010$35.69M+4.8%
2009$34.06M-7.6%
2008$36.85M+17.6%
2007$31.33M+5.0%
2006$29.85M-2.6%
2005$30.65M-2.9%
2004$31.58M+2.7%
2003$30.76M+5.9%
2002$29.05M+8.5%
2001$26.77M+548.3%
2000$4.13M

Gross Profit values are taken from Ames National's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

2025's annual gross profit for Ames National (ATLO) came in at $65.14M – grew 20.1% year-over-year.

Ames National gross profit has grown for 2 consecutive years, with a +1.7% compound annual growth rate over 2020–2025 (5 years).

Between 2021 and 2025, Ames National gross profit edged down 3.2%, falling from $67.29M to $65.14M.

The highest annual gross profit of $67.29M was reported in 2021. The lowest in the available history was $4.13M in 2000.

Among 8 Financial Services peers, Ames National (ATLO) ranks 9th; the peer median for gross profit is $72.83B.

Ames National Gross Profit by Year

Ames National Gross Profit 2025: $65.14M

Ames National gross profit in 2025 was $65.14M, grew 20.1% from 2024.

Ames National Gross Profit 2024: $54.22M

Ames National gross profit in 2024 was $54.22M, edged up 2.2% from 2023.

Ames National Gross Profit 2023: $53.05M

Ames National gross profit in 2023 was $53.05M, declined 16.9% below 2022.

Ames National Gross Profit 2022: $63.80M

Ames National gross profit in 2022 was $63.80M, declined 5.2% below 2021.

Ames National Gross Profit 2021: $67.29M

Ames National gross profit in 2021 was $67.29M.

See more financial history for Ames National (ATLO).

Sector peers — Gross Profit

Companies in the same sector as Ames National, ranked by their latest gross profit.

CompanyGross ProfitSector
JPMorgan Chase & Co. (JPM)$167.61BFinancial Services
Bank of America Corporation (BAC)$107.42BFinancial Services
Berkshire Hathaway Inc. (BRK-B)$87.78BFinancial Services
Wells Fargo & Company (WFC)$80.04BFinancial Services
Morgan Stanley (MS)$65.62BFinancial Services
The Goldman Sachs Group, Inc. (GS)$59.40BFinancial Services
Visa Inc. (V)$32.15BFinancial Services
Mastercard Incorporated (MA)$27.36BFinancial Services

Frequently asked questions

What is Ames National's gross profit?

Latest reported gross profit for Ames National (ATLO) is $50.63M (period ending March 31, 2026).

How has Ames National gross profit changed year-over-year?

Ames National (ATLO) gross profit changed +20.1% year-over-year on the latest annual filing.

What is the long-term growth rate of Ames National gross profit?

Ames National (ATLO) gross profit compound annual growth rate is +1.7% over the most recent 5 years available.

When did Ames National gross profit hit its highest annual value?

Ames National gross profit reached its highest annual value of $67.29M in 2021.

What was Ames National gross profit in 2024?

Ames National (ATLO) gross profit in 2024 was $54.22M.

What was Ames National gross profit in 2025?

Ames National (ATLO) gross profit in 2025 was $65.14M.

Metrics overview

Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.