Ucloudlink Group Inc (UCL)
1.55
+0.09
(+6.16%)
USD |
NASDAQ |
May 20, 10:36
Ucloudlink Group Gross Profit Margin (Quarterly): 55.18% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 55.18% |
| December 31, 2023 | 51.96% |
| September 30, 2023 | 51.15% |
| June 30, 2023 | 44.89% |
| March 31, 2023 | 47.77% |
| December 31, 2022 | 51.31% |
| September 30, 2022 | 47.67% |
| June 30, 2022 | 44.14% |
| March 31, 2022 | 37.37% |
| December 31, 2021 | 30.96% |
| September 30, 2021 | 28.26% |
| Date | Value |
|---|---|
| June 30, 2021 | 28.08% |
| March 31, 2021 | 31.26% |
| December 31, 2020 | 31.40% |
| September 30, 2020 | 31.28% |
| June 30, 2020 | 26.10% |
| March 31, 2020 | 35.33% |
| December 31, 2019 | 35.19% |
| September 30, 2019 | 42.79% |
| June 30, 2019 | 42.22% |
| March 31, 2019 | 48.61% |
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
26.10%
Minimum
Jun 2020
55.18%
Maximum
Mar 2024
39.72%
Average
39.79%
Median
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 7.52% |
| Return on Assets | 2.17% |
| Return on Invested Capital | 6.04% |
| Profit Margin (Quarterly) | 2.37% |
| Operating Margin (Quarterly) | 2.82% |
| Return on Net Operating Assets | 7.00% |