Credo Technology Group Holding Ltd (CRDO)
41.90
-3.97
(-8.65%)
USD |
NASDAQ |
Nov 14, 16:00
41.91
+0.01
(+0.02%)
Pre-Market: 08:32
Credo Technology Group Gross Profit Margin (Quarterly): 62.44% for July 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| July 31, 2024 | 62.44% |
| April 30, 2024 | 65.75% |
| January 31, 2024 | 61.36% |
| October 31, 2023 | 59.31% |
| July 31, 2023 | 59.24% |
| April 30, 2023 | 57.92% |
| January 31, 2023 | 58.94% |
| October 31, 2022 | 54.43% |
| Date | Value |
|---|---|
| July 31, 2022 | 59.53% |
| April 30, 2022 | 63.34% |
| January 31, 2022 | 60.10% |
| October 31, 2021 | 60.37% |
| July 31, 2021 | 48.30% |
| April 30, 2021 | 67.67% |
| January 31, 2021 | 59.97% |
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
48.30%
Minimum
Jul 2021
67.67%
Maximum
Apr 2021
59.91%
Average
59.97%
Median
Jan 2021
Gross Profit Margin (Quarterly) Benchmarks
| Fabrinet | 12.31% |
| NVIDIA Corp | 75.15% |
| Broadcom Inc | 63.92% |
| Monolithic Power Systems Inc | 55.38% |
| Micron Technology Inc | 35.32% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -5.64% |
| Return on Assets | -4.96% |
| Return on Invested Capital | -5.64% |
| Profit Margin (Quarterly) | -15.98% |
| Operating Margin (Quarterly) | -24.20% |
| Return on Net Operating Assets | -16.28% |