Covestro AG (COVTY)
27.56
+0.59
(+2.19%)
USD |
OTCM |
Jun 21, 15:48
Covestro Gross Profit Margin (Quarterly): 17.21% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 17.21% |
| December 31, 2023 | 12.91% |
| September 30, 2023 | 15.61% |
| June 30, 2023 | 18.76% |
| March 31, 2023 | 16.54% |
| December 31, 2022 | -2.57% |
| September 30, 2022 | 12.13% |
| June 30, 2022 | 19.56% |
| March 31, 2022 | 25.33% |
| December 31, 2021 | 23.12% |
| September 30, 2021 | 28.73% |
| June 30, 2021 | 28.89% |
| March 31, 2021 | 31.63% |
| December 31, 2020 | 30.13% |
| September 30, 2020 | 25.47% |
| June 30, 2020 | 15.72% |
| March 31, 2020 | 19.80% |
| December 31, 2019 | 18.23% |
| September 30, 2019 | 22.20% |
| Date | Value |
|---|---|
| June 30, 2019 | 23.73% |
| March 31, 2019 | 24.19% |
| December 31, 2018 | 20.81% |
| September 30, 2018 | 32.50% |
| June 30, 2018 | 35.80% |
| March 31, 2018 | 37.87% |
| December 31, 2017 | 35.72% |
| September 30, 2017 | 34.94% |
| June 30, 2017 | 32.59% |
| March 31, 2017 | 33.41% |
| December 31, 2016 | 25.26% |
| September 30, 2016 | 29.32% |
| June 30, 2016 | 28.33% |
| March 31, 2016 | 27.76% |
| December 31, 2015 | 16.62% |
| September 30, 2015 | 24.74% |
| June 30, 2015 | 24.67% |
| March 31, 2015 | 20.96% |
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
-2.57%
Minimum
Dec 2022
31.63%
Maximum
Mar 2021
20.16%
Average
19.68%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Basf SE | 28.19% |
| Heidelberg Materials AG | -- |
| K+S AG | 12.54% |
| SGL Carbon SE | 23.00% |
| KWS SAAT SE & Co KGaA | -- |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -3.00% |
| Return on Assets | -1.46% |
| Return on Invested Capital | -2.78% |
| Profit Margin (Quarterly) | -1.00% |
| Operating Margin (Quarterly) | 1.74% |
| Return on Net Operating Assets | -1.66% |