Mullen Automotive Inc (MULN)
4.85
-0.77
(-13.70%)
USD |
NASDAQ |
May 17, 16:00
4.89
+0.04
(+0.82%)
After-Hours: 20:00
Mullen Automotive Gross Profit Margin (Quarterly): 59.68% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 59.68% |
| December 31, 2023 |
| Date | Value |
|---|---|
| September 30, 2023 | 56.53% |
| June 30, 2023 | 19.26% |
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
19.26%
Minimum
Jun 2023
59.68%
Maximum
Mar 2024
45.16%
Average
56.53%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| Canoo Inc | -300.8% |
| Fisker Inc | -126.6% |
| Ford Motor Co | 8.42% |
| Rivian Automotive Inc | -43.77% |
| Workhorse Group Inc | -309.4% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -264.2% |
| Return on Assets | -171.2% |
| Return on Invested Capital | -259.8% |
| Profit Margin (Quarterly) | -397.3K% |
| Operating Margin (Quarterly) | -215.7K% |
| Return on Net Operating Assets | -264.2% |