argenx SE (ARGX)
360.12
+1.62
(+0.45%)
USD |
NASDAQ |
Apr 19, 16:00
360.12
0.00 (0.00%)
After-Hours: 16:46
argenx Gross Profit Margin (Quarterly): 90.30% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 90.30% |
| September 30, 2023 | 89.08% |
| June 30, 2023 | 91.12% |
| March 31, 2023 | 91.63% |
| Date | Value |
|---|---|
| December 31, 2022 | 92.66% |
| September 30, 2022 | 92.56% |
| June 30, 2022 | 93.34% |
| March 31, 2022 | 94.14% |
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
89.08%
Minimum
Sep 2023
94.14%
Maximum
Mar 2022
91.85%
Average
92.10%
Median
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -9.66% |
| Return on Assets | -8.14% |
| Return on Invested Capital | -9.06% |
| Profit Margin (Quarterly) | -24.38% |
| Operating Margin (Quarterly) | -33.63% |
| Return on Net Operating Assets | -30.35% |