Alta Equipment Group Inc (ALTG)
7.51
+0.06
(+0.81%)
USD |
NYSE |
Nov 21, 16:00
7.52
+0.01
(+0.13%)
Pre-Market: 20:00
Alta Equipment Group Gross Profit Margin (Quarterly): 27.76% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 27.76% |
| June 30, 2024 | 27.04% |
| March 31, 2024 | 27.31% |
| December 31, 2023 | 25.50% |
| September 30, 2023 | 27.05% |
| June 30, 2023 | 27.07% |
| March 31, 2023 | 28.83% |
| December 31, 2022 | 25.85% |
| September 30, 2022 | 27.56% |
| June 30, 2022 | 26.03% |
| Date | Value |
|---|---|
| March 31, 2022 | 27.56% |
| December 31, 2021 | 25.01% |
| September 30, 2021 | 27.49% |
| June 30, 2021 | 26.27% |
| March 31, 2021 | 25.04% |
| December 31, 2020 | 22.97% |
| September 30, 2020 | 25.70% |
| June 30, 2020 | 24.10% |
| March 31, 2020 | 26.09% |
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
22.97%
Minimum
Dec 2020
28.83%
Maximum
Mar 2023
26.33%
Average
26.27%
Median
Jun 2021
Gross Profit Margin (Quarterly) Benchmarks
| United Rentals Inc | 41.28% |
| Herc Holdings Inc | 39.90% |
| H&E Equipment Services Inc | 44.55% |
| McGrath RentCorp | 46.48% |
| Willis Lease Finance Corp | 73.39% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -40.76% |
| Return on Assets | -3.44% |
| Return on Invested Capital | -4.52% |
| Profit Margin (Quarterly) | -6.17% |
| Operating Margin (Quarterly) | 1.52% |
| Return on Net Operating Assets | -3.54% |