Ribbon Communications Inc (RBBN)
3.17
-0.04
(-1.25%)
USD |
NASDAQ |
May 03, 16:00
3.21
+0.04
(+1.26%)
After-Hours: 20:00
Ribbon Communications Gross Profit Margin (Quarterly): 51.18% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 51.18% |
December 31, 2023 | 53.76% |
September 30, 2023 | 50.95% |
June 30, 2023 | 48.18% |
March 31, 2023 | 43.73% |
December 31, 2022 | 48.80% |
September 30, 2022 | 50.36% |
June 30, 2022 | 50.80% |
March 31, 2022 | 45.07% |
December 31, 2021 | 49.79% |
September 30, 2021 | 52.59% |
June 30, 2021 | 56.21% |
March 31, 2021 | 52.13% |
December 31, 2020 | 41.80% |
September 30, 2020 | 58.39% |
June 30, 2020 | 58.56% |
March 31, 2020 | 57.30% |
December 31, 2019 | 62.66% |
September 30, 2019 | 57.30% |
June 30, 2019 | 55.48% |
March 31, 2019 | 47.58% |
December 31, 2018 | 80.70% |
September 30, 2018 | 53.94% |
June 30, 2018 | 54.68% |
March 31, 2018 | 45.61% |
Date | Value |
---|---|
December 31, 2017 | 52.53% |
September 30, 2017 | 73.09% |
June 30, 2017 | 65.32% |
March 31, 2017 | 63.24% |
December 31, 2016 | 67.18% |
September 30, 2016 | 67.04% |
June 30, 2016 | 66.10% |
March 31, 2016 | 64.92% |
December 31, 2015 | 68.52% |
September 30, 2015 | 67.36% |
June 30, 2015 | 62.91% |
March 31, 2015 | 58.29% |
December 31, 2014 | 67.44% |
September 30, 2014 | 65.43% |
June 30, 2014 | 62.58% |
March 31, 2014 | 65.62% |
December 31, 2013 | 63.54% |
September 30, 2013 | 62.06% |
June 30, 2013 | 63.60% |
March 31, 2013 | 59.73% |
December 31, 2012 | 47.38% |
September 30, 2012 | 56.87% |
June 30, 2012 | 56.93% |
March 31, 2012 | 64.90% |
December 31, 2011 | 63.74% |
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
41.80%
Minimum
Dec 2020
62.66%
Maximum
Dec 2019
52.25%
Average
51.65%
Median
Gross Profit Margin (Quarterly) Benchmarks
Cogent Communications Holdings Inc | 35.87% |
Consolidated Communications Holdings Inc | 56.20% |
Lumen Technologies Inc | 49.79% |
IDT Corp | 32.89% |
Anterix Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -12.96% |
Return on Assets | -5.11% |
Return on Invested Capital | -8.46% |
Profit Margin (Quarterly) | -16.90% |
Operating Margin (Quarterly) | -5.80% |
Return on Net Operating Assets | -6.09% |