Air T Inc (AIRT)
23.40
+1.95
(+9.09%)
USD |
NASDAQ |
Apr 19, 16:00
23.40
0.00 (0.00%)
After-Hours: 18:27
Air T Gross Profit Margin (Quarterly): 19.24% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 19.24% |
| September 30, 2023 | 17.89% |
| June 30, 2023 | 18.78% |
| March 31, 2023 | 15.60% |
| December 31, 2022 | 19.99% |
| September 30, 2022 | 20.32% |
| June 30, 2022 | 24.80% |
| March 31, 2022 | 24.60% |
| December 31, 2021 | 20.23% |
| September 30, 2021 | 21.55% |
| June 30, 2021 | 22.23% |
| March 31, 2021 | 20.57% |
| December 31, 2020 | 16.80% |
| September 30, 2020 | 15.17% |
| June 30, 2020 | 19.70% |
| March 31, 2020 | 20.13% |
| December 31, 2019 | 18.08% |
| September 30, 2019 | 19.50% |
| June 30, 2019 | 22.62% |
| March 31, 2019 | 22.01% |
| December 31, 2018 | 19.69% |
| September 30, 2018 | 17.44% |
| June 30, 2018 | 18.40% |
| March 31, 2018 | 16.97% |
| December 31, 2017 | 17.68% |
| Date | Value |
|---|---|
| September 30, 2017 | 15.87% |
| June 30, 2017 | 18.85% |
| March 31, 2017 | 17.75% |
| December 31, 2016 | 18.79% |
| September 30, 2016 | 16.63% |
| June 30, 2016 | -2.41% |
| March 31, 2016 | 12.67% |
| December 31, 2015 | 18.52% |
| September 30, 2015 | 20.54% |
| June 30, 2015 | 12.31% |
| March 31, 2015 | 9.46% |
| December 31, 2014 | 16.23% |
| September 30, 2014 | 18.08% |
| June 30, 2014 | 14.44% |
| March 31, 2014 | 16.36% |
| December 31, 2013 | 15.24% |
| September 30, 2013 | 14.76% |
| June 30, 2013 | 14.90% |
| March 31, 2013 | 12.11% |
| December 31, 2012 | 14.69% |
| September 30, 2012 | 14.39% |
| June 30, 2012 | 13.68% |
| March 31, 2012 | 14.93% |
| December 31, 2011 | 14.76% |
| September 30, 2011 | 14.28% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
15.17%
Minimum
Sep 2020
24.80%
Maximum
Jun 2022
19.88%
Average
19.99%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
| ArcBest Corp | 10.62% |
| Allegiant Travel Co | 14.82% |
| Radiant Logistics Inc | 18.83% |
| Volato Group Inc | -31.95% |
| flyExclusive Inc | 15.37% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -54.56% |
| Return on Assets | -7.66% |
| Return on Invested Capital | -9.74% |
| Profit Margin (Quarterly) | -4.67% |
| Operating Margin (Quarterly) | -2.02% |
| Return on Net Operating Assets | -9.50% |