Worthington Steel Inc (WS)
33.23
-0.11
(-0.33%)
USD |
NYSE |
May 06, 16:00
33.37
+0.14
(+0.42%)
After-Hours: 20:00
Worthington Steel Gross Profit Margin (Quarterly): 14.90% for Feb. 29, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
February 29, 2024 | 14.90% |
November 30, 2023 | 7.45% |
August 31, 2023 | 14.28% |
May 31, 2023 | 17.36% |
Date | Value |
---|---|
February 28, 2023 | 8.10% |
November 30, 2022 | 3.97% |
August 31, 2022 | 8.25% |
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
3.97%
Minimum
Nov 2022
17.36%
Maximum
May 2023
10.61%
Average
8.25%
Median
Aug 2022
Gross Profit Margin (Quarterly) Benchmarks
Cleveland-Cliffs Inc | 5.48% |
Friedman Industries Inc | 9.00% |
Solitario Resources Corp | -- |
Golden Minerals Co | -327.7% |
Paramount Gold Nevada Corp | -- |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 14.77% |
Return on Assets | 9.03% |
Return on Invested Capital | 13.25% |
Profit Margin (Quarterly) | 6.08% |
Operating Margin (Quarterly) | 8.35% |
Return on Net Operating Assets | 10.76% |