Abacus Life Inc (ABL)
11.96
0.00 (0.00%)
USD |
NASDAQ |
May 01, 16:00
11.96
0.00 (0.00%)
After-Hours: 19:10
Abacus Life Gross Profit Margin (Quarterly): 92.98% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 92.98% |
| September 30, 2023 | 84.07% |
| June 30, 2023 | 28.86% |
| March 31, 2023 |
| Date | Value |
|---|---|
| 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
28.86%
Minimum
Jun 2023
92.98%
Maximum
Dec 2023
69.04%
Average
84.41%
Median
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -8.69% |
| Return on Assets | -3.61% |
| Return on Invested Capital | -3.73% |
| Profit Margin (Quarterly) | -26.26% |
| Operating Margin (Quarterly) | 13.35% |
| Return on Net Operating Assets | -7.11% |