Paid Inc (PAYD)
1.61
+0.01
(+0.62%)
USD |
OTCM |
Apr 18, 16:00
Paid Gross Profit Margin (Quarterly): 23.10% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 23.10% |
| September 30, 2023 | 22.99% |
| June 30, 2023 | 22.87% |
| March 31, 2023 | 22.40% |
| December 31, 2022 | 22.15% |
| September 30, 2022 | 22.13% |
| June 30, 2022 | 22.53% |
| March 31, 2022 | 22.12% |
| December 31, 2021 | 22.27% |
| September 30, 2021 | 22.33% |
| June 30, 2021 | 23.23% |
| March 31, 2021 | 25.02% |
| December 31, 2020 | 23.90% |
| September 30, 2020 | 25.24% |
| June 30, 2020 | 22.84% |
| March 31, 2020 | 24.34% |
| December 31, 2019 | 23.62% |
| September 30, 2019 | 27.62% |
| June 30, 2019 | 27.23% |
| March 31, 2019 | 25.74% |
| December 31, 2018 | 23.35% |
| September 30, 2018 | 22.90% |
| June 30, 2018 | 22.95% |
| March 31, 2018 | 25.85% |
| December 31, 2017 | 24.99% |
| Date | Value |
|---|---|
| September 30, 2017 | 24.73% |
| June 30, 2017 | 23.84% |
| March 31, 2017 | 26.27% |
| December 31, 2016 | 74.35% |
| September 30, 2016 | 95.27% |
| June 30, 2016 | 95.86% |
| March 31, 2016 | 94.90% |
| December 31, 2015 | 94.72% |
| September 30, 2015 | 72.56% |
| June 30, 2015 | 79.38% |
| March 31, 2015 | 78.09% |
| December 31, 2014 | 65.44% |
| September 30, 2014 | 95.10% |
| June 30, 2014 | 52.85% |
| March 31, 2014 | 27.83% |
| December 31, 2013 | 24.47% |
| September 30, 2013 | 38.23% |
| June 30, 2013 | 28.02% |
| March 31, 2013 | 38.44% |
| December 31, 2012 | 5.66% |
| September 30, 2012 | 19.70% |
| June 30, 2012 | 27.68% |
| March 31, 2012 | 39.46% |
| December 31, 2011 | 21.29% |
| September 30, 2011 | 43.93% |
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
22.12%
Minimum
Mar 2022
27.62%
Maximum
Sep 2019
23.57%
Average
22.99%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| ePlus Inc | 26.29% |
| DecisionPoint Systems Inc | 24.73% |
| Upland Software Inc | 67.15% |
| Red Violet Inc | 77.84% |
| Strong Global Entertainment Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 9.50% |
| Return on Assets | 5.32% |
| Return on Invested Capital | 9.50% |
| Profit Margin (Quarterly) | 14.06% |
| Operating Margin (Quarterly) | -0.78% |
| Return on Net Operating Assets | 7.55% |