Crane NXT Co (CXT)
60.40
+0.13
(+0.22%)
USD |
NYSE |
May 20, 12:21
Crane NXT Gross Profit Margin (Quarterly): 48.60% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 48.60% |
December 31, 2023 | 46.37% |
September 30, 2023 | 46.90% |
June 30, 2023 | 47.79% |
March 31, 2023 | 47.01% |
December 31, 2022 | 47.69% |
Date | Value |
---|---|
September 30, 2022 | 47.81% |
June 30, 2022 | 45.27% |
March 31, 2022 | 39.62% |
December 31, 2021 | 31.54% |
September 30, 2021 | 37.76% |
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
31.54%
Minimum
Dec 2021
48.60%
Maximum
Mar 2024
44.21%
Average
46.90%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
American Superconductor Corp | 25.37% |
Nordson Corp | 55.03% |
Taylor Devices Inc | 46.95% |
TPI Composites Inc | -10.12% |
Shapeways Holdings Inc | 46.21% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 16.07% |
Return on Assets | 7.10% |
Return on Invested Capital | 9.37% |
Profit Margin (Quarterly) | 12.05% |
Operating Margin (Quarterly) | 18.53% |
Return on Net Operating Assets | 8.71% |