Astera Labs Inc (ALAB)
95.18
+4.80
(+5.31%)
USD |
NASDAQ |
Nov 19, 16:00
95.70
+0.52
(+0.55%)
After-Hours: 19:11
Astera Labs Gross Profit Margin (Quarterly): 77.71% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 77.71% |
| June 30, 2024 | 77.88% |
| March 31, 2024 | 77.42% |
| December 31, 2023 | 77.26% |
| Date | Value |
|---|---|
| September 30, 2023 | 76.11% |
| June 30, 2023 | 78.96% |
| March 31, 2023 | 24.11% |
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
24.11%
Minimum
Mar 2023
78.96%
Maximum
Jun 2023
69.92%
Average
77.42%
Median
Mar 2024
Gross Profit Margin (Quarterly) Benchmarks
| NVIDIA Corp | 75.15% |
| Advanced Micro Devices Inc | 50.14% |
| First Solar Inc | 50.17% |
| Broadcom Inc | 63.92% |
| Intel Corp | 15.03% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -15.34% |
| Return on Assets | -12.68% |
| Return on Invested Capital | -15.34% |
| Profit Margin (Quarterly) | -6.71% |
| Operating Margin (Quarterly) | -7.87% |
| Return on Net Operating Assets | -145.5% |