AvidXchange Holdings Inc (AVDX)
11.15
+0.22
(+2.01%)
USD |
NASDAQ |
May 23, 10:21
AvidXchange Holdings Profit Margin (Quarterly): -0.96% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | -0.96% |
| December 31, 2023 | -4.30% |
| September 30, 2023 | -8.20% |
| June 30, 2023 | -20.59% |
| March 31, 2023 | -18.42% |
| December 31, 2022 | -29.04% |
| September 30, 2022 | -30.79% |
| June 30, 2022 | -33.62% |
| Date | Value |
|---|---|
| March 31, 2022 | -35.32% |
| December 31, 2021 | -104.1% |
| September 30, 2021 | -54.51% |
| June 30, 2021 | -37.44% |
| March 31, 2021 | -126.8% |
| December 31, 2020 | -61.71% |
| September 30, 2020 | -37.78% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
-126.8%
Minimum
Mar 2021
-0.96%
Maximum
Mar 2024
-40.24%
Average
-33.62%
Median
Jun 2022
Profit Margin (Quarterly) Benchmarks
| Asure Software Inc | -0.97% |
| Digimarc Corp | -104.0% |
| PDF Solutions Inc | -0.95% |
| Creative Realities Inc | -0.89% |
| Aspen Technology Inc | 0.56% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | -4.95% |
| Return on Assets | -1.50% |
| Return on Invested Capital | -4.41% |
| Gross Profit Margin (Quarterly) | 71.28% |
| Operating Margin (Quarterly) | -3.74% |
| Return on Net Operating Assets | -7.84% |