Mach Natural Resources LP (MNR)
20.18
+0.30
(+1.51%)
USD |
NYSE |
Apr 18, 16:00
20.15
-0.03
(-0.15%)
Pre-Market: 20:00
Mach Natural Resources Gross Profit Margin (Quarterly): 50.15% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 50.15% |
| September 30, 2023 | 50.80% |
| Date | Value |
|---|---|
| December 31, 2022 | 54.64% |
| September 30, 2022 | 61.08% |
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
50.15%
Minimum
Dec 2023
61.08%
Maximum
Sep 2022
54.17%
Average
52.72%
Median
Gross Profit Margin (Quarterly) Benchmarks
| CNX Resources Corp | 36.06% |
| EQT Corp | 16.07% |
| PermRock Royalty Trust | -- |
| HighPeak Energy Inc | 38.70% |
| Chord Energy Corp | 39.13% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 29.10% |
| Return on Assets | 18.49% |
| Return on Invested Capital | 44.85% |
| Profit Margin (Quarterly) | -50.90% |
| Operating Margin (Quarterly) | 44.71% |
| Return on Net Operating Assets | 19.90% |