Chegg Inc (CHGG)
6.83
+0.01
(+0.15%)
USD |
NYSE |
Apr 23, 16:00
6.825
0.00 (0.00%)
After-Hours: 20:00
Chegg Gross Profit Margin (Quarterly): 75.63% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 75.63% |
| September 30, 2023 | 47.06% |
| June 30, 2023 | 74.07% |
| March 31, 2023 | 73.80% |
| December 31, 2022 | 74.94% |
| September 30, 2022 | 72.56% |
| June 30, 2022 | 76.54% |
| March 31, 2022 | 72.76% |
| December 31, 2021 | 73.15% |
| September 30, 2021 | 60.97% |
| June 30, 2021 | 69.41% |
| March 31, 2021 | 64.02% |
| December 31, 2020 | 72.23% |
| September 30, 2020 | 59.50% |
| June 30, 2020 | 71.55% |
| March 31, 2020 | 67.79% |
| December 31, 2019 | 79.15% |
| September 30, 2019 | 76.46% |
| June 30, 2019 | 78.14% |
| March 31, 2019 | 76.04% |
| December 31, 2018 | 76.93% |
| September 30, 2018 | 73.17% |
| June 30, 2018 | 76.04% |
| Date | Value |
|---|---|
| March 31, 2018 | 73.72% |
| December 31, 2017 | 73.63% |
| September 30, 2017 | 64.31% |
| June 30, 2017 | 69.74% |
| March 31, 2017 | 65.82% |
| December 31, 2016 | 67.38% |
| September 30, 2016 | 45.76% |
| June 30, 2016 | 59.64% |
| March 31, 2016 | 41.60% |
| December 31, 2015 | 61.29% |
| September 30, 2015 | 24.07% |
| June 30, 2015 | 45.94% |
| March 31, 2015 | 22.83% |
| December 31, 2014 | 54.25% |
| September 30, 2014 | 16.25% |
| June 30, 2014 | 40.15% |
| March 31, 2014 | 11.97% |
| December 31, 2013 | 51.28% |
| September 30, 2013 | 5.13% |
| June 30, 2013 | 47.00% |
| March 31, 2013 | 18.95% |
| December 31, 2012 | 57.71% |
| September 30, 2012 | 5.20% |
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
47.06%
Minimum
Sep 2023
79.15%
Maximum
Dec 2019
70.51%
Average
72.76%
Median
Mar 2022
Gross Profit Margin (Quarterly) Benchmarks
| Laureate Education Inc | 31.75% |
| Lincoln Educational Services Corp | 59.99% |
| 2U Inc | 77.57% |
| EpicQuest Education Group International Ltd | -- |
| Udemy Inc | 57.95% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 1.77% |
| Return on Assets | 0.88% |
| Return on Invested Capital | 0.96% |
| Profit Margin (Quarterly) | 5.14% |
| Operating Margin (Quarterly) | 7.07% |
| Return on Net Operating Assets | 1.83% |