Artificial Intelligence Technology Solutions Inc (AITX)
0.0072
0.00 (0.00%)
USD |
OTCM |
May 31, 16:00
Artificial Intelligence Technology Solutions Gross Profit Margin (Quarterly): 5.16% for Feb. 29, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| February 29, 2024 | 5.16% |
| November 30, 2023 | 77.23% |
| August 31, 2023 | 76.96% |
| May 31, 2023 | 76.24% |
| February 28, 2023 | 19.05% |
| November 30, 2022 | 68.70% |
| August 31, 2022 | 87.21% |
| May 31, 2022 | 23.74% |
| February 28, 2022 | 52.43% |
| November 30, 2021 | 61.64% |
| August 31, 2021 | 70.37% |
| May 31, 2021 | 80.20% |
| February 28, 2021 | 72.31% |
| November 30, 2020 | 79.38% |
| August 31, 2020 | 52.67% |
| May 31, 2020 | 85.33% |
| February 29, 2020 | 78.88% |
| November 30, 2019 | 62.40% |
| August 31, 2019 | 70.46% |
| May 31, 2019 | 52.56% |
| February 28, 2019 | |
| November 30, 2018 | |
| August 31, 2018 | -207.1% |
| May 31, 2018 | 74.44% |
| February 28, 2018 |
| Date | Value |
|---|---|
| November 30, 2017 | 29.28% |
| August 31, 2017 | |
| May 31, 2017 | |
| February 28, 2017 | |
| November 30, 2016 | |
| August 31, 2016 | |
| May 31, 2016 | |
| February 29, 2016 | |
| November 30, 2015 | |
| August 31, 2015 | |
| May 31, 2015 | |
| February 28, 2015 | |
| November 30, 2014 | |
| August 31, 2014 | |
| May 31, 2014 | |
| February 28, 2014 | |
| November 30, 2013 | |
| August 31, 2013 | |
| May 31, 2013 | 32.45% |
| February 28, 2013 | -30.38% |
| November 30, 2012 | 58.49% |
| August 31, 2012 | 67.47% |
| May 31, 2012 | 65.16% |
| February 29, 2012 | 80.06% |
| November 30, 2011 | 55.80% |
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
5.16%
Minimum
Feb 2024
87.21%
Maximum
Aug 2022
63.18%
Average
70.46%
Median
Aug 2019
Gross Profit Margin (Quarterly) Benchmarks
| Key Tronic Corp | 5.75% |
| Qualcomm Inc | 56.27% |
| Red Cat Holdings Inc | 18.84% |
| Lumentum Holdings Inc | 16.23% |
| Rigetti Computing Inc | 49.15% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | -301.6% |
| Profit Margin (Quarterly) | -864.6% |
| Operating Margin (Quarterly) | -587.0% |
| Return on Net Operating Assets | -304.7% |