Renren (RENN)
Add to Watchlists Create an AlertRenren Gross Profit Margin Quarterly:
63.54% for Sept. 30, 2012Renren Historical Gross Profit Margin Quarterly Data
Pro Data ExportThere is no data for the selected date range.
| Data for this Date Range | |
|---|---|
| Dec. 31, 2012 | 63.54% |
| Sept. 30, 2012 | 61.39% |
| June 30, 2012 | 62.30% |
| March 31, 2012 | 61.11% |
| Sept. 30, 2011 | 80.41% |
| June 30, 2011 | 81.00% |
| March 31, 2011 | 80.20% |
| Sept. 30, 2010 | 81.04% |
| June 30, 2010 | 76.23% |
| March 31, 2010 | 74.62% |
About Gross Profit Margin
A gross profit margin is the difference between sales and the cost of goods sold divided by revenue. This represents the percentage of each dollar of a company's revenue available after accounting for cost of goods sold.
If a company produces phones and earns $32 million in sales but pays $24 million for the items sold, then the company's gross profit margin would be ($32M - $24M) / $32M = 25 percent.
Cutting costs result in higher gross profit margins. If a company sells phones for 500 dollars and the cost of the producing the phone is $250, the current gross profit margin is 50 percent ((500-250)/500). If the company is able to reduce production costs from $250 to $200, the gross profit margin is 60 percent ((500-200)/500).
Note : Profit margins are very dependent on sector. Companies that sell bland potato chips may not have very high margins, but will sell a sizable quantity of potato chips. A company that sells consulting services will likely have higher profit margins, but sell lower quantities.
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RENN Gross Profit Margin Quarterly Benchmarks
| Companies | |
|---|---|
| Bally Technologies | 64.73% |
| WMS Industries | 64.02% |
| Scientific Games Corporation | 43.20% |
RENN Gross Profit Margin Quarterly Rankings
| Overall |
89th percentile 834 of 8006 |
| Sector |
88th percentile 80 of 726 in Consumer Cyclical |
| Industry |
50th percentile 5 of 10 in Gambling |
RENN Gross Profit Margin Quarterly Range, Past 5 Years
| Minimum | 61.11% | Mar 2012 |
| Maximum | 81.04% | Sep 2010 |
| Average | 72.19% |