Reservoir Media Inc (RSVR)
8.96
-0.07
(-0.78%)
USD |
NASDAQ |
Apr 30, 16:00
8.955
0.00 (0.00%)
After-Hours: 20:00
Reservoir Media Gross Profit Margin (Quarterly): 62.73% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 62.73% |
| September 30, 2023 | 62.39% |
| June 30, 2023 | 57.69% |
| March 31, 2023 | 80.32% |
| December 31, 2022 | 60.74% |
| September 30, 2022 | 58.09% |
| June 30, 2022 | 58.91% |
| Date | Value |
|---|---|
| March 31, 2022 | 63.08% |
| December 31, 2021 | 55.70% |
| September 30, 2021 | 60.06% |
| June 30, 2021 | 53.75% |
| March 31, 2021 | 62.45% |
| December 31, 2020 | 55.06% |
| September 30, 2020 | 60.79% |
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
53.75%
Minimum
Jun 2021
80.32%
Maximum
Mar 2023
60.84%
Average
60.40%
Median
Gross Profit Margin (Quarterly) Benchmarks
| LiveOne Inc | 25.53% |
| Vnue Inc | 46.53% |
| AB International Group Corp | 83.72% |
| Music Licensing Inc | -- |
| Live Nation Entertainment Inc | 19.83% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 0.05% |
| Return on Assets | 0.02% |
| Return on Invested Capital | 0.03% |
| Profit Margin (Quarterly) | -8.35% |
| Operating Margin (Quarterly) | 18.38% |
| Return on Net Operating Assets | 0.03% |