ACV Auctions Inc (ACVA)
17.70
+0.32
(+1.84%)
USD |
NASDAQ |
May 03, 13:40
ACV Auctions Gross Profit Margin (Quarterly): 48.77% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 48.77% |
| September 30, 2023 | 49.26% |
| June 30, 2023 | 48.72% |
| March 31, 2023 | 50.08% |
| December 31, 2022 | 46.09% |
| September 30, 2022 | 44.53% |
| June 30, 2022 | 43.98% |
| March 31, 2022 | 40.92% |
| Date | Value |
|---|---|
| December 31, 2021 | 42.08% |
| September 30, 2021 | 41.26% |
| June 30, 2021 | 44.63% |
| March 31, 2021 | 43.70% |
| December 31, 2020 | 43.54% |
| September 30, 2020 | 49.85% |
| June 30, 2020 | 55.50% |
| March 31, 2020 | 31.61% |
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
31.61%
Minimum
Mar 2020
55.50%
Maximum
Jun 2020
45.28%
Average
44.58%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Asbury Automotive Group Inc | 17.85% |
| AutoNation Inc | 18.47% |
| Lithia Motors Inc | 15.59% |
| Penske Automotive Group Inc | 16.72% |
| Rush Enterprises Inc | 20.83% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -15.90% |
| Return on Assets | -7.96% |
| Return on Invested Capital | -13.15% |
| Profit Margin (Quarterly) | -19.63% |
| Operating Margin (Quarterly) | -22.61% |
| Return on Net Operating Assets | -16.95% |