WEX Inc (WEX)
211.30
+0.53
(+0.25%)
USD |
NYSE |
May 03, 16:00
211.23
-0.07
(-0.03%)
After-Hours: 20:00
WEX Gross Profit Margin (Quarterly): 59.06% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 59.06% |
| December 31, 2023 | 61.42% |
| September 30, 2023 | 63.91% |
| June 30, 2023 | 62.18% |
| March 31, 2023 | 59.59% |
| December 31, 2022 | 59.30% |
| September 30, 2022 | 59.08% |
| June 30, 2022 | 62.50% |
| March 31, 2022 | 60.93% |
| December 31, 2021 | 61.25% |
| September 30, 2021 | 62.73% |
| June 30, 2021 | 62.64% |
| March 31, 2021 | 61.59% |
| December 31, 2020 | 57.75% |
| September 30, 2020 | 58.95% |
| June 30, 2020 | 53.35% |
| March 31, 2020 | 56.95% |
| December 31, 2019 | 59.08% |
| September 30, 2019 | 63.98% |
| June 30, 2019 | 63.61% |
| March 31, 2019 | 59.87% |
| December 31, 2018 | 63.91% |
| September 30, 2018 | 62.02% |
| June 30, 2018 | 63.57% |
| March 31, 2018 | 63.68% |
| Date | Value |
|---|---|
| December 31, 2017 | 59.14% |
| September 30, 2017 | 58.39% |
| June 30, 2017 | 57.72% |
| March 31, 2017 | 60.03% |
| December 31, 2016 | 69.05% |
| September 30, 2016 | 50.28% |
| June 30, 2016 | 48.19% |
| March 31, 2016 | 48.34% |
| December 31, 2015 | 49.20% |
| September 30, 2015 | 54.47% |
| June 30, 2015 | 53.64% |
| March 31, 2015 | 52.99% |
| December 31, 2014 | 54.95% |
| September 30, 2014 | 54.82% |
| June 30, 2014 | 59.36% |
| March 31, 2014 | 55.22% |
| December 31, 2013 | 61.42% |
| September 30, 2013 | 59.34% |
| June 30, 2013 | 58.28% |
| March 31, 2013 | 57.76% |
| December 31, 2012 | 57.41% |
| September 30, 2012 | 59.35% |
| June 30, 2012 | 60.29% |
| March 31, 2012 | 60.10% |
| December 31, 2011 | -0.78% |
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
53.35%
Minimum
Jun 2020
63.98%
Maximum
Sep 2019
60.49%
Average
61.09%
Median
Gross Profit Margin (Quarterly) Benchmarks
| ePlus Inc | 26.29% |
| DecisionPoint Systems Inc | 24.73% |
| Upland Software Inc | 67.15% |
| Red Violet Inc | 77.84% |
| Strong Global Entertainment Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 15.14% |
| Return on Assets | 1.94% |
| Return on Invested Capital | 4.98% |
| Profit Margin (Quarterly) | 10.08% |
| Operating Margin (Quarterly) | 25.20% |
| Return on Net Operating Assets | 3.20% |