Converge Technology Solutions Corp (CTS.TO)
4.40
-0.09
(-2.00%)
CAD |
TSX |
Jun 21, 16:00
Converge Technology Solutions Gross Profit Margin (Quarterly): 27.88% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 27.88% |
| December 31, 2023 | 27.88% |
| September 30, 2023 | 24.52% |
| June 30, 2023 | 26.38% |
| March 31, 2023 | 25.30% |
| December 31, 2022 | 26.36% |
| September 30, 2022 | 27.14% |
| June 30, 2022 | 25.84% |
| March 31, 2022 | 22.07% |
| December 31, 2021 | 37.76% |
| September 30, 2021 | 22.80% |
| Date | Value |
|---|---|
| June 30, 2021 | 22.66% |
| March 31, 2021 | 21.86% |
| December 31, 2020 | 24.50% |
| September 30, 2020 | 27.59% |
| June 30, 2020 | 24.07% |
| March 31, 2020 | 22.70% |
| December 31, 2019 | 24.85% |
| September 30, 2019 | 24.14% |
| June 30, 2019 | 22.93% |
| March 31, 2019 | 21.81% |
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
21.86%
Minimum
Mar 2021
37.76%
Maximum
Dec 2021
25.46%
Average
24.68%
Median
Gross Profit Margin (Quarterly) Benchmarks
| New World Solutions Inc | -- |
| NameSilo Technologies Corp | 18.17% |
| Nerds On Site Inc | 23.46% |
| XTM Inc | 5.10% |
| Ciscom Corp | 19.22% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -0.23% |
| Return on Assets | -0.06% |
| Return on Invested Capital | -0.14% |
| Profit Margin (Quarterly) | -0.30% |
| Operating Margin (Quarterly) | 2.29% |
| Return on Net Operating Assets | -0.07% |