Richtech Robotics Inc (RR)
1.29
-0.02
(-1.90%)
USD |
NASDAQ |
May 17, 16:00
1.29
0.00 (0.00%)
After-Hours: 20:00
Richtech Robotics Gross Profit Margin (Quarterly): 58.37% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 58.37% |
December 31, 2023 | 55.15% |
September 30, 2023 | 77.31% |
June 30, 2023 | 53.28% |
March 31, 2023 | 58.34% |
Date | Value |
---|---|
December 31, 2022 | 52.85% |
September 30, 2022 | 63.56% |
June 30, 2022 | 87.35% |
March 31, 2022 | 47.97% |
December 31, 2021 | 60.36% |
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
47.97%
Minimum
Mar 2022
87.35%
Maximum
Jun 2022
61.46%
Average
58.36%
Median
Gross Profit Margin (Quarterly) Benchmarks
Broadwind Inc | 17.64% |
CVD Equipment Corp | 17.45% |
Ocean Power Technologies Inc | 45.37% |
SIFCO Industries Inc | 10.27% |
Nuburu Inc | -135.4% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -37.16% |
Return on Assets | -28.45% |
Return on Invested Capital | -33.19% |
Profit Margin (Quarterly) | -96.05% |
Operating Margin (Quarterly) | -81.12% |
Return on Net Operating Assets | -53.27% |