Montrose Environmental Group Inc (MEG)
40.56
-0.83
(-2.01%)
USD |
NYSE |
Apr 25, 11:24
Montrose Environmental Group Gross Profit Margin (Quarterly): 38.51% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 38.51% |
| September 30, 2023 | 39.17% |
| June 30, 2023 | 38.28% |
| March 31, 2023 | 37.89% |
| December 31, 2022 | 34.89% |
| September 30, 2022 | 36.89% |
| June 30, 2022 | 35.37% |
| March 31, 2022 | 34.37% |
| December 31, 2021 | 32.98% |
| September 30, 2021 | 35.70% |
| Date | Value |
|---|---|
| June 30, 2021 | 32.39% |
| March 31, 2021 | 28.77% |
| December 31, 2020 | 32.52% |
| September 30, 2020 | 38.81% |
| June 30, 2020 | 37.79% |
| March 31, 2020 | 27.25% |
| December 31, 2019 | 29.67% |
| September 30, 2019 | 30.92% |
| June 30, 2019 | 31.45% |
| March 31, 2019 | 27.20% |
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
27.25%
Minimum
Mar 2020
39.17%
Maximum
Sep 2023
34.40%
Average
34.89%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
| CRA International Inc | 30.27% |
| Huron Consulting Group Inc | 30.04% |
| ICF International Inc | 36.54% |
| Kforce Inc | 27.34% |
| DLH Holdings Corp | 19.18% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -6.60% |
| Return on Assets | -3.81% |
| Return on Invested Capital | -4.88% |
| Profit Margin (Quarterly) | -0.87% |
| Operating Margin (Quarterly) | -5.58% |
| Return on Net Operating Assets | -4.08% |