Pangaea Logistics Solutions Ltd (PANL)
7.35
-0.05
(-0.68%)
USD |
NASDAQ |
May 06, 16:00
7.36
+0.01
(+0.14%)
Pre-Market: 20:00
Pangaea Logistics Solutions Gross Profit Margin (Quarterly): 12.73% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 12.73% |
| September 30, 2023 | 18.59% |
| June 30, 2023 | 11.67% |
| March 31, 2023 | 11.75% |
| December 31, 2022 | 17.70% |
| September 30, 2022 | 19.67% |
| June 30, 2022 | 21.33% |
| March 31, 2022 | 14.76% |
| December 31, 2021 | 14.96% |
| September 30, 2021 | 14.08% |
| June 30, 2021 | 15.24% |
| March 31, 2021 | 8.47% |
| December 31, 2020 | 11.22% |
| September 30, 2020 | 13.62% |
| June 30, 2020 | 13.87% |
| March 31, 2020 | 1.65% |
| December 31, 2019 | 10.48% |
| September 30, 2019 | 13.31% |
| June 30, 2019 | 14.63% |
| March 31, 2019 | 10.42% |
| Date | Value |
|---|---|
| December 31, 2018 | 11.75% |
| September 30, 2018 | 16.63% |
| June 30, 2018 | 14.12% |
| March 31, 2018 | 15.10% |
| December 31, 2017 | 10.96% |
| September 30, 2017 | 13.88% |
| June 30, 2017 | 7.51% |
| March 31, 2017 | 8.82% |
| December 31, 2016 | 6.74% |
| September 30, 2016 | 15.46% |
| June 30, 2016 | 6.53% |
| March 31, 2016 | 14.86% |
| December 31, 2015 | 12.88% |
| September 30, 2015 | 11.99% |
| June 30, 2015 | 17.50% |
| March 31, 2015 | 15.09% |
| December 31, 2014 | 2.52% |
| September 30, 2014 | -0.84% |
| June 30, 2014 | 3.82% |
| March 31, 2014 | 11.06% |
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
1.65%
Minimum
Mar 2020
21.33%
Maximum
Jun 2022
13.67%
Average
13.87%
Median
Jun 2020
Gross Profit Margin (Quarterly) Benchmarks
| Eagle Bulk Shipping Inc (DELISTED) | 28.92% |
| Kirby Corp | 24.71% |
| Matson Inc | 15.22% |
| Genco Shipping & Trading Ltd | 24.75% |
| Seacor Marine Holdings Inc | 2.08% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 7.15% |
| Return on Assets | 3.62% |
| Return on Invested Capital | 5.55% |
| Profit Margin (Quarterly) | 0.86% |
| Operating Margin (Quarterly) | 8.43% |
| Return on Net Operating Assets | 4.08% |