Energy Vault Holdings Inc (NRGV)
1.17
-0.03
(-2.50%)
USD |
NYSE |
May 16, 16:00
1.16
-0.01
(-0.85%)
After-Hours: 20:00
Energy Vault Holdings Gross Profit Margin (Quarterly): 26.65% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 26.65% |
December 31, 2023 | 3.40% |
September 30, 2023 | 4.15% |
June 30, 2023 | 9.95% |
Date | Value |
---|---|
March 31, 2023 | 21.18% |
December 31, 2022 | 15.88% |
September 30, 2022 | 4.19% |
June 30, 2022 | 41.56% |
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
3.40%
Minimum
Dec 2023
41.56%
Maximum
Jun 2022
15.87%
Average
12.92%
Median
Gross Profit Margin (Quarterly) Benchmarks
Verde Clean Fuels Inc | -- |
Otter Tail Corp | 41.53% |
Xcel Energy Inc | 43.98% |
Alliant Energy Corp | 42.87% |
Advent Technologies Holdings Inc | -94.30% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -37.26% |
Return on Assets | -26.24% |
Return on Invested Capital | -37.26% |
Profit Margin (Quarterly) | -272.4% |
Operating Margin (Quarterly) | -317.4% |
Return on Net Operating Assets | -59.62% |