Clover Health Investments Corp (CLOV)
3.42
+0.06
(+1.79%)
USD |
NASDAQ |
Nov 22, 13:59
Clover Health Investments Gross Profit Margin (Quarterly): 24.54% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 24.54% |
| June 30, 2024 | 30.29% |
| March 31, 2024 | 23.57% |
| December 31, 2023 | 5.90% |
| September 30, 2023 | 22.95% |
| June 30, 2023 | 23.70% |
| March 31, 2023 | 14.66% |
| December 31, 2022 | 0.57% |
| September 30, 2022 | 1.99% |
| June 30, 2022 | -1.43% |
| Date | Value |
|---|---|
| March 31, 2022 | 1.45% |
| December 31, 2021 | -2.29% |
| September 30, 2021 | -2.14% |
| June 30, 2021 | -11.16% |
| March 31, 2021 | -7.04% |
| December 31, 2020 | -8.01% |
| September 30, 2020 | 14.33% |
| June 30, 2020 | 30.63% |
| March 31, 2020 | 11.59% |
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
-11.16%
Minimum
Jun 2021
30.63%
Maximum
Jun 2020
9.16%
Average
5.90%
Median
Dec 2023
Gross Profit Margin (Quarterly) Benchmarks
| Alignment Healthcare Inc | 11.41% |
| Oscar Health Inc | -- |
| NeueHealth Inc | 21.57% |
| Centene Corp | 9.60% |
| UnitedHealth Group Inc | 21.56% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -29.15% |
| Return on Assets | -12.59% |
| Return on Invested Capital | -29.15% |
| Profit Margin (Quarterly) | -2.77% |
| Operating Margin (Quarterly) | -2.82% |
| Return on Net Operating Assets | -46.43% |