Equitrans Midstream Corp (ETRN)
12.39
+0.14
(+1.14%)
USD |
NYSE |
Apr 19, 13:10
Equitrans Midstream Gross Profit Margin (Quarterly): 75.93% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 75.93% |
| September 30, 2023 | 74.73% |
| June 30, 2023 | 72.92% |
| March 31, 2023 | 77.25% |
| December 31, 2022 | 76.04% |
| September 30, 2022 | 74.45% |
| June 30, 2022 | 74.48% |
| March 31, 2022 | 75.67% |
| December 31, 2021 | 66.49% |
| September 30, 2021 | 75.96% |
| June 30, 2021 | 75.45% |
| March 31, 2021 | 77.68% |
| December 31, 2020 | 76.97% |
| Date | Value |
|---|---|
| September 30, 2020 | 76.29% |
| June 30, 2020 | 76.70% |
| March 31, 2020 | 83.24% |
| December 31, 2019 | 82.34% |
| September 30, 2019 | 81.88% |
| June 30, 2019 | 82.64% |
| March 31, 2019 | 84.38% |
| December 31, 2018 | 84.67% |
| September 30, 2018 | 85.16% |
| June 30, 2018 | 85.97% |
| March 31, 2018 | 86.06% |
| December 31, 2017 | 87.00% |
| September 30, 2017 | 89.22% |
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
66.49%
Minimum
Dec 2021
83.24%
Maximum
Mar 2020
76.69%
Average
76.04%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
| EQT Corp | 16.07% |
| CNX Resources Corp | 36.06% |
| Amplify Energy Corp | 40.05% |
| HighPeak Energy Inc | 38.70% |
| Chord Energy Corp | 39.13% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 20.95% |
| Return on Assets | 4.10% |
| Return on Invested Capital | 4.82% |
| Profit Margin (Quarterly) | 41.28% |
| Operating Margin (Quarterly) | 51.39% |
| Return on Net Operating Assets | 4.82% |