CarGurus Inc (CARG)
23.34
-0.12
(-0.53%)
USD |
NASDAQ |
Apr 24, 16:00
23.34
0.00 (0.00%)
After-Hours: 20:00
CarGurus Gross Profit Margin (Quarterly): 75.31% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 75.31% |
| September 30, 2023 | 74.88% |
| June 30, 2023 | 68.47% |
| March 31, 2023 | 66.81% |
| December 31, 2022 | 47.79% |
| September 30, 2022 | 35.36% |
| June 30, 2022 | 36.74% |
| March 31, 2022 | 42.24% |
| December 31, 2021 | 52.97% |
| September 30, 2021 | 73.07% |
| June 30, 2021 | 76.89% |
| March 31, 2021 | 85.96% |
| December 31, 2020 | 92.44% |
| September 30, 2020 | 93.38% |
| June 30, 2020 | 89.57% |
| Date | Value |
|---|---|
| March 31, 2020 | 92.64% |
| December 31, 2019 | 93.32% |
| September 30, 2019 | 93.76% |
| June 30, 2019 | 94.05% |
| March 31, 2019 | 94.29% |
| December 31, 2018 | 94.55% |
| September 30, 2018 | 94.62% |
| June 30, 2018 | 94.60% |
| March 31, 2018 | 94.35% |
| December 31, 2017 | 94.21% |
| September 30, 2017 | 94.31% |
| June 30, 2017 | 94.33% |
| March 31, 2017 | 95.04% |
| December 31, 2016 | 95.22% |
| September 30, 2016 | 94.63% |
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
35.36%
Minimum
Sep 2022
94.05%
Maximum
Jun 2019
72.93%
Average
75.31%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
| Carvana Co | 16.58% |
| Vroom Inc | 12.31% |
| America's Car-Mart Inc | 47.18% |
| Asbury Automotive Group Inc | 17.66% |
| AutoNation Inc | 17.96% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 5.14% |
| Return on Assets | 3.70% |
| Return on Invested Capital | 5.14% |
| Profit Margin (Quarterly) | -8.02% |
| Operating Margin (Quarterly) | -9.98% |
| Return on Net Operating Assets | 8.15% |