Novanta Inc (NOVT)
159.89
+0.24
(+0.15%)
USD |
NASDAQ |
May 03, 16:00
159.82
-0.07
(-0.04%)
After-Hours: 20:00
Novanta Gross Profit Margin (Quarterly): 45.64% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 45.64% |
| September 30, 2023 | 45.86% |
| June 30, 2023 | 45.38% |
| March 31, 2023 | 44.55% |
| December 31, 2022 | 43.29% |
| September 30, 2022 | 44.14% |
| June 30, 2022 | 44.23% |
| March 31, 2022 | 44.21% |
| December 31, 2021 | 41.66% |
| September 30, 2021 | 42.93% |
| June 30, 2021 | 43.22% |
| March 31, 2021 | 42.28% |
| December 31, 2020 | 42.21% |
| September 30, 2020 | 41.35% |
| June 30, 2020 | 40.56% |
| March 31, 2020 | 41.45% |
| December 31, 2019 | 41.30% |
| September 30, 2019 | 41.58% |
| June 30, 2019 | 42.40% |
| March 31, 2019 | 42.17% |
| December 31, 2018 | 41.30% |
| September 30, 2018 | 43.31% |
| June 30, 2018 | 43.37% |
| March 31, 2018 | 42.30% |
| December 31, 2017 | 42.36% |
| Date | Value |
|---|---|
| September 30, 2017 | 40.13% |
| June 30, 2017 | 44.91% |
| March 31, 2017 | 42.30% |
| December 31, 2016 | 43.34% |
| September 30, 2016 | 42.13% |
| June 30, 2016 | 42.46% |
| March 31, 2016 | 40.85% |
| December 31, 2015 | 40.60% |
| September 30, 2015 | 43.25% |
| June 30, 2015 | 42.85% |
| March 31, 2015 | 42.28% |
| December 31, 2014 | 42.26% |
| September 30, 2014 | 41.92% |
| June 30, 2014 | 39.89% |
| March 31, 2014 | 40.57% |
| December 31, 2013 | 41.59% |
| September 30, 2013 | 42.78% |
| June 30, 2013 | 41.67% |
| March 31, 2013 | 40.80% |
| December 31, 2012 | 47.32% |
| September 30, 2012 | 41.50% |
| June 30, 2012 | 43.57% |
| March 31, 2012 | 42.46% |
| December 31, 2011 | 42.41% |
| September 30, 2011 | 43.94% |
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
40.56%
Minimum
Jun 2020
45.86%
Maximum
Sep 2023
43.07%
Average
42.93%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
| Amphenol Corp | 33.44% |
| Optical Cable Corp | 25.00% |
| KULR Technology Group Inc | 29.26% |
| Daktronics Inc | 24.50% |
| ACM Research Inc | 46.43% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 11.68% |
| Return on Assets | 5.95% |
| Return on Invested Capital | 7.15% |
| Profit Margin (Quarterly) | 5.91% |
| Operating Margin (Quarterly) | 12.43% |
| Return on Net Operating Assets | 6.67% |