Abacus Life Inc (ABL)
7.73
-0.98
(-11.25%)
USD |
NASDAQ |
Nov 22, 10:29
Abacus Life Gross Profit Margin (Quarterly): 92.23% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 92.23% |
| June 30, 2024 | 90.56% |
| March 31, 2024 | 87.34% |
| December 31, 2023 | 92.98% |
| September 30, 2023 | 84.07% |
| Date | Value |
|---|---|
| June 30, 2023 | 91.45% |
| March 31, 2023 | 95.23% |
| December 31, 2022 | 86.31% |
| September 30, 2022 | 84.75% |
| June 30, 2022 | 37.25% |
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
37.25%
Minimum
Jun 2022
95.23%
Maximum
Mar 2023
84.22%
Average
88.95%
Median
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -5.90% |
| Return on Assets | -3.02% |
| Return on Invested Capital | -3.20% |
| Profit Margin (Quarterly) | -18.21% |
| Operating Margin (Quarterly) | 23.29% |
| Return on Net Operating Assets | -6.84% |