Phinia Inc (PHIN)
42.30
+1.22
(+2.97%)
USD |
NYSE |
May 06, 16:00
42.30
0.00 (0.00%)
After-Hours: 16:41
Phinia Gross Profit Margin (Quarterly): 22.25% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 22.25% |
December 31, 2023 | 21.09% |
September 30, 2023 | 19.75% |
June 30, 2023 | 21.31% |
March 31, 2023 | 20.60% |
Date | Value |
---|---|
December 31, 2022 | 22.09% |
September 30, 2022 | 23.40% |
June 30, 2022 | 19.85% |
March 31, 2022 | 20.67% |
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
19.75%
Minimum
Sep 2023
23.40%
Maximum
Sep 2022
21.22%
Average
21.09%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
American Axle & Mfg Holdings Inc | 10.59% |
BorgWarner Inc | 17.91% |
Lear Corp | 6.64% |
Visteon Corp | 12.75% |
Commercial Vehicle Group Inc | 11.74% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 5.11% |
Return on Assets | 2.41% |
Return on Invested Capital | 3.80% |
Profit Margin (Quarterly) | 3.36% |
Operating Margin (Quarterly) | 10.43% |
Return on Net Operating Assets | 2.88% |