Summit Midstream Partners LP (SMLP)
28.01
+0.10
(+0.36%)
USD |
NYSE |
Apr 25, 12:44
Summit Midstream Partners Gross Profit Margin (Quarterly): 27.76% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 27.76% |
| September 30, 2023 | 30.65% |
| June 30, 2023 | 23.12% |
| March 31, 2023 | 24.73% |
| December 31, 2022 | 23.87% |
| September 30, 2022 | 25.80% |
| June 30, 2022 | 20.03% |
| March 31, 2022 | 27.43% |
| December 31, 2021 | 25.11% |
| September 30, 2021 | 28.61% |
| June 30, 2021 | 37.53% |
| March 31, 2021 | 33.97% |
| December 31, 2020 | 33.68% |
| September 30, 2020 | 33.11% |
| June 30, 2020 | 38.19% |
| March 31, 2020 | 43.09% |
| December 31, 2019 | 42.19% |
| September 30, 2019 | 38.97% |
| June 30, 2019 | 37.08% |
| March 31, 2019 | 36.30% |
| December 31, 2018 | 35.34% |
| September 30, 2018 | 38.81% |
| June 30, 2018 | 41.00% |
| March 31, 2018 | 39.00% |
| December 31, 2017 | 41.31% |
| Date | Value |
|---|---|
| September 30, 2017 | 44.45% |
| June 30, 2017 | 39.28% |
| March 31, 2017 | 54.85% |
| December 31, 2016 | 53.67% |
| September 30, 2016 | 38.97% |
| June 30, 2016 | 35.03% |
| March 31, 2016 | 33.91% |
| December 31, 2015 | 48.82% |
| September 30, 2015 | 49.64% |
| June 30, 2015 | 33.00% |
| March 31, 2015 | 32.90% |
| December 31, 2014 | 37.70% |
| September 30, 2014 | 32.90% |
| June 30, 2014 | 30.98% |
| March 31, 2014 | 29.00% |
| December 31, 2013 | 33.29% |
| September 30, 2013 | 32.31% |
| June 30, 2013 | 31.98% |
| March 31, 2013 | 36.34% |
| December 31, 2012 | 47.07% |
| September 30, 2012 | 42.36% |
| June 30, 2012 | 49.09% |
| March 31, 2012 | 46.12% |
| December 31, 2011 | -4.30% |
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
20.03%
Minimum
Jun 2022
43.09%
Maximum
Mar 2020
31.31%
Average
30.65%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| BP Prudhoe Bay Royalty Trust | -- |
| Genesis Energy LP | 10.73% |
| Marine Petroleum Trust | -- |
| NGL Energy Partners LP | 10.59% |
| Plains GP Holdings LP | 6.82% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -5.26% |
| Return on Assets | -1.54% |
| Return on Invested Capital | -2.64% |
| Profit Margin (Quarterly) | -11.87% |
| Operating Margin (Quarterly) | 19.72% |
| Return on Net Operating Assets | -1.98% |