Borealis Foods Inc (BRLS)
5.67
-0.01
(-0.18%)
USD |
NASDAQ |
Nov 21, 16:00
5.83
+0.16
(+2.82%)
After-Hours: 20:00
Borealis Foods Gross Profit Margin (Quarterly): 16.56% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 16.56% |
| June 30, 2024 | 7.93% |
| March 31, 2024 | 3.07% |
| December 31, 2023 |
| Date | Value |
|---|---|
| September 30, 2023 | -6.17% |
| June 30, 2023 | -16.12% |
| March 31, 2023 | -4.12% |
| March 31, 2022 | -26.38% |
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
-26.38%
Minimum
Mar 2022
16.56%
Maximum
Sep 2024
-3.60%
Average
-4.12%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
| Altus Copper Corp | -9.19% |
| Above Food Ingredients Inc | -- |
| DAVIDsTEA Inc | -- |
| Acme United Corp | 38.54% |
| Better Choice Co Inc | 39.73% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -18.83% |
| Return on Assets | -3.08% |
| Return on Invested Capital | -4.73% |
| Profit Margin (Quarterly) | -62.85% |
| Operating Margin (Quarterly) | -47.10% |
| Return on Net Operating Assets | -2.58% |