Acreage Holdings Inc (ACRG.A.U.CX)
0.315
+0.04
(+14.55%)
USD |
CNSX |
May 22, 16:00
Acreage Holdings Gross Profit Margin (Quarterly): 31.56% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 31.56% |
| September 30, 2023 | 37.65% |
| June 30, 2023 | 36.35% |
| March 31, 2023 | 47.50% |
| December 31, 2022 | 35.48% |
| September 30, 2022 | 34.56% |
| June 30, 2022 | 49.90% |
| March 31, 2022 | 51.88% |
| December 31, 2021 | 47.47% |
| September 30, 2021 | 49.44% |
| June 30, 2021 | 54.00% |
| March 31, 2021 | 53.71% |
| December 31, 2020 | 46.08% |
| Date | Value |
|---|---|
| September 30, 2020 | 42.45% |
| June 30, 2020 | 41.41% |
| March 31, 2020 | 41.09% |
| December 31, 2019 | 37.11% |
| September 30, 2019 | 43.27% |
| June 30, 2019 | 81.39% |
| March 31, 2019 | 41.25% |
| December 31, 2018 | 27.97% |
| September 30, 2018 | 65.26% |
| August 31, 2018 | |
| May 31, 2018 | |
| March 31, 2018 | 57.53% |
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
31.56%
Minimum
Dec 2023
81.39%
Maximum
Jun 2019
45.38%
Average
43.27%
Median
Sep 2019
Gross Profit Margin (Quarterly) Benchmarks
| Ionic Brands Corp | -- |
| 4Front Ventures Corp | 40.20% |
| Green Thumb Industries Inc | 52.55% |
| Lowell Farms Inc | -16.97% |
| Bright Minds Biosciences Inc | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -1.41K% |
| Return on Assets | -19.80% |
| Return on Invested Capital | -29.47% |
| Profit Margin (Quarterly) | -58.19% |
| Operating Margin (Quarterly) | -4.72% |
| Return on Net Operating Assets | -24.33% |