Cool Co Ltd (CLCO)
9.22
-1.42
(-13.35%)
USD |
NYSE |
Nov 21, 16:00
8.98
-0.24
(-2.60%)
Pre-Market: 09:26
Cool Gross Profit Margin (Quarterly): 59.11% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 59.11% |
| March 31, 2024 | 59.97% |
| December 31, 2023 | 65.23% |
| September 30, 2023 | 61.41% |
| Date | Value |
|---|---|
| June 30, 2023 | 60.24% |
| March 31, 2023 | 62.05% |
| September 30, 2022 | 68.70% |
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
59.11%
Minimum
Jun 2024
68.70%
Maximum
Sep 2022
62.39%
Average
61.41%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| Flex LNG Ltd | 58.97% |
| Golar LNG Ltd | -- |
| Nordic American Tankers Ltd | 26.68% |
| Nabors Industries Ltd | 19.25% |
| Borr Drilling Ltd | 86.84% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 15.53% |
| Return on Assets | 6.04% |
| Return on Invested Capital | 6.67% |
| Profit Margin (Quarterly) | 33.05% |
| Operating Margin (Quarterly) | 52.44% |
| Return on Net Operating Assets | 6.48% |