Bit Digital Inc (BTBT)
2.52
+0.14
(+5.88%)
USD |
NASDAQ |
May 24, 16:00
2.50
-0.02
(-0.79%)
After-Hours: 20:00
Bit Digital Gross Profit Margin (Quarterly): 46.65% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 46.65% |
December 31, 2023 | 38.14% |
September 30, 2023 | 23.91% |
June 30, 2023 | 57.99% |
March 31, 2023 | 37.49% |
December 31, 2022 | 22.57% |
September 30, 2022 | 28.81% |
June 30, 2022 | 60.25% |
March 31, 2022 | 50.22% |
Date | Value |
---|---|
December 31, 2021 | 64.29% |
September 30, 2021 | 74.91% |
June 30, 2021 | 61.60% |
March 31, 2021 | 71.63% |
December 31, 2020 | 41.92% |
September 30, 2020 | 21.48% |
June 30, 2020 | 5.57% |
March 31, 2020 | -4.70% |
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
-4.70%
Minimum
Mar 2020
74.91%
Maximum
Sep 2021
41.34%
Average
41.92%
Median
Dec 2020
Gross Profit Margin (Quarterly) Benchmarks
Riot Platforms Inc | 40.60% |
Marathon Digital Holdings Inc | -1.82% |
Coinbase Global Inc | 76.16% |
Cleanspark Inc | 69.32% |
Cipher Mining Inc | 42.13% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 27.47% |
Return on Assets | 24.59% |
Return on Invested Capital | 27.47% |
Operating Margin (Quarterly) | 4.38% |
Return on Net Operating Assets | 65.59% |