Qorvo Inc (QRVO)
111.50
+3.52
(+3.26%)
USD |
NASDAQ |
Apr 24, 14:28
Qorvo Gross Profit Margin (Quarterly): 36.12% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 36.12% |
| September 30, 2023 | 44.38% |
| June 30, 2023 | 35.18% |
| March 31, 2023 | 18.13% |
| December 31, 2022 | 36.06% |
| September 30, 2022 | 46.54% |
| June 30, 2022 | 36.24% |
| March 31, 2022 | 48.91% |
| December 31, 2021 | 49.20% |
| September 30, 2021 | 49.52% |
| June 30, 2021 | 49.19% |
| March 31, 2021 | 49.26% |
| December 31, 2020 | 49.12% |
| September 30, 2020 | 46.36% |
| June 30, 2020 | 41.37% |
| March 31, 2020 | 42.62% |
| December 31, 2019 | 42.36% |
| September 30, 2019 | 40.11% |
| June 30, 2019 | 37.94% |
| March 31, 2019 | 39.15% |
| December 31, 2018 | 40.65% |
| Date | Value |
|---|---|
| September 30, 2018 | 39.97% |
| June 30, 2018 | 34.18% |
| March 31, 2018 | 37.97% |
| December 31, 2017 | 39.84% |
| September 30, 2017 | 39.07% |
| June 30, 2017 | 36.89% |
| March 31, 2017 | 36.02% |
| December 31, 2016 | 37.59% |
| September 30, 2016 | 36.64% |
| June 30, 2016 | 39.58% |
| March 31, 2016 | 41.80% |
| December 31, 2015 | 37.22% |
| September 30, 2015 | 40.21% |
| June 30, 2015 | 41.49% |
| March 31, 2015 | 29.75% |
| December 31, 2014 | 48.03% |
| September 30, 2014 | 46.17% |
| June 30, 2014 | 44.98% |
| March 31, 2014 | 38.78% |
| December 31, 2013 | 37.27% |
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
18.13%
Minimum
Mar 2023
49.52%
Maximum
Sep 2021
42.03%
Average
42.62%
Median
Mar 2020
Gross Profit Margin (Quarterly) Benchmarks
| Skyworks Solutions Inc | 42.16% |
| NVIDIA Corp | 75.97% |
| Qualcomm Inc | 56.60% |
| Apple Inc | 45.88% |
| Advanced Micro Devices Inc | 47.20% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -5.47% |
| Return on Assets | -3.12% |
| Return on Invested Capital | -3.58% |
| Profit Margin (Quarterly) | -11.82% |
| Operating Margin (Quarterly) | -3.87% |
| Return on Net Operating Assets | -3.75% |