ESAB Corp (ESAB)
104.94
+1.44
(+1.39%)
USD |
NYSE |
May 03, 16:00
104.90
-0.04
(-0.04%)
Pre-Market: 20:00
ESAB Gross Profit Margin (Quarterly): 36.97% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 36.97% |
| December 31, 2023 | 36.95% |
| September 30, 2023 | 36.67% |
| June 30, 2023 | 36.63% |
| March 31, 2023 | 36.17% |
| December 31, 2022 | 33.79% |
| September 30, 2022 | 33.75% |
| Date | Value |
|---|---|
| June 30, 2022 | 34.40% |
| March 31, 2022 | 34.62% |
| December 31, 2021 | 34.09% |
| September 30, 2021 | 34.16% |
| June 30, 2021 | 34.68% |
| March 31, 2021 | 35.17% |
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
33.75%
Minimum
Sep 2022
36.97%
Maximum
Mar 2024
35.24%
Average
34.68%
Median
Jun 2021
Gross Profit Margin (Quarterly) Benchmarks
| CompoSecure Inc | 52.95% |
| The Timken Co | 33.40% |
| Ault Alliance Inc | 6.26% |
| Omega Flex Inc | 60.36% |
| Smith & Wesson Brands Inc | 28.68% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 14.81% |
| Return on Assets | 6.10% |
| Return on Invested Capital | 8.74% |
| Profit Margin (Quarterly) | 8.69% |
| Operating Margin (Quarterly) | 16.32% |
| Return on Net Operating Assets | 6.97% |