Freightos Ltd (CRGO)
2.38
-0.11
(-4.42%)
USD |
NASDAQ |
Jun 28, 16:00
2.365
-0.02
(-0.63%)
After-Hours: 20:00
Freightos Gross Profit Margin (Quarterly): 62.56% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 62.56% |
December 31, 2023 | 62.23% |
September 30, 2023 | 54.87% |
June 30, 2023 | 57.29% |
March 31, 2023 | 58.26% |
Date | Value |
---|---|
December 31, 2022 | 59.21% |
September 30, 2022 | 54.93% |
June 30, 2022 | 59.59% |
March 31, 2022 | 61.65% |
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
54.87%
Minimum
Sep 2023
62.56%
Maximum
Mar 2024
58.95%
Average
59.21%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
C.H. Robinson Worldwide Inc | 6.32% |
Forward Air Corp | 11.09% |
Hub Group Inc | 7.65% |
Singularity Future Technology Ltd | -59.90% |
Radiant Logistics Inc | 15.80% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -27.69% |
Return on Assets | -22.38% |
Return on Invested Capital | -27.69% |
Profit Margin (Quarterly) | -86.20% |
Operating Margin (Quarterly) | -102.4% |
Return on Net Operating Assets | -69.83% |