Clover Health Investments Corp (CLOV)
0.65
+0.02
(+3.19%)
USD |
NASDAQ |
Apr 24, 16:00
0.6623
+0.01
(+1.89%)
After-Hours: 20:00
Clover Health Investments Gross Profit Margin (Quarterly): 12.20% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 12.20% |
| September 30, 2023 | 13.09% |
| June 30, 2023 | 14.93% |
| March 31, 2023 | 10.48% |
| December 31, 2022 | 0.57% |
| September 30, 2022 | 1.99% |
| June 30, 2022 | -1.43% |
| March 31, 2022 | 1.45% |
| Date | Value |
|---|---|
| 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
4.95%
Average
1.72%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Alignment Healthcare Inc | 10.23% |
| Oscar Health Inc | -- |
| NeueHealth Inc | 9.56% |
| The Cigna Group | -- |
| Centene Corp | 9.28% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -65.90% |
| Return on Assets | -20.71% |
| Return on Invested Capital | -65.90% |
| Profit Margin (Quarterly) | -13.81% |
| Operating Margin (Quarterly) | -9.34% |
| Return on Net Operating Assets | -43.49% |