Open Text Corp (OTEX)
35.46
+0.41
(+1.17%)
USD |
NASDAQ |
Apr 22, 16:00
35.43
-0.03
(-0.08%)
After-Hours: 20:00
Open Text Gross Profit Margin (Quarterly): 73.56% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 73.56% |
| September 30, 2023 | 71.45% |
| June 30, 2023 | 71.37% |
| March 31, 2023 | 70.30% |
| December 31, 2022 | 70.84% |
| September 30, 2022 | 69.68% |
| June 30, 2022 | 70.23% |
| March 31, 2022 | 68.92% |
| December 31, 2021 | 70.21% |
| September 30, 2021 | 68.99% |
| June 30, 2021 | 69.59% |
| March 31, 2021 | 68.63% |
| December 31, 2020 | 70.48% |
| September 30, 2020 | 69.04% |
| June 30, 2020 | 68.46% |
| March 31, 2020 | 65.36% |
| December 31, 2019 | 69.88% |
| September 30, 2019 | 67.21% |
| June 30, 2019 | 68.32% |
| March 31, 2019 | 66.68% |
| December 31, 2018 | 68.99% |
| September 30, 2018 | 66.08% |
| June 30, 2018 | 67.52% |
| March 31, 2018 | 64.64% |
| December 31, 2017 | 67.29% |
| Date | Value |
|---|---|
| September 30, 2017 | 65.15% |
| June 30, 2017 | 67.04% |
| March 31, 2017 | 64.51% |
| December 31, 2016 | 69.04% |
| September 30, 2016 | 66.57% |
| June 30, 2016 | 68.42% |
| March 31, 2016 | 67.90% |
| December 31, 2015 | 69.97% |
| September 30, 2015 | 67.77% |
| June 30, 2015 | 68.78% |
| March 31, 2015 | 65.96% |
| December 31, 2014 | 68.28% |
| September 30, 2014 | 67.62% |
| June 30, 2014 | 69.27% |
| March 31, 2014 | 67.35% |
| December 31, 2013 | 70.30% |
| September 30, 2013 | 67.20% |
| June 30, 2013 | 66.01% |
| March 31, 2013 | 63.85% |
| December 31, 2012 | 64.79% |
| September 30, 2012 | 62.66% |
| June 30, 2012 | 65.80% |
| March 31, 2012 | 63.61% |
| December 31, 2011 | 67.12% |
| September 30, 2011 | 64.79% |
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
65.36%
Minimum
Mar 2020
73.56%
Maximum
Dec 2023
69.61%
Average
69.68%
Median
Sep 2022
Gross Profit Margin (Quarterly) Benchmarks
| Skkynet Cloud Systems Inc | -- |
| BYND Cannasoft Enterprises Inc | -27.92% |
| Asure Software Inc | 67.92% |
| Digimarc Corp | 62.79% |
| Global Mofy Metaverse Ltd | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 3.14% |
| Return on Assets | 0.81% |
| Return on Invested Capital | 1.05% |
| Profit Margin (Quarterly) | 2.45% |
| Operating Margin (Quarterly) | 20.07% |
| Return on Net Operating Assets | 1.04% |